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Old 11-03-2019, 01:42 PM   #1
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My name is Patrick and I am a full time health and pe teacher who has been painting on the side for 15 years. I started as I worked for a professional through college and then continued to keep doing side jobs after. I am now at the point where I am considering quitting teaching to paint full time. I have been lucky and have made connections with local realtors and stagers and they keep me as busy as I can handle. I was just listed as one of the 3 painting contractors they prefer in their monthly newsletter.

I have been doing a lot of kitchen cabinets recently and I look forward to learning some tips from those here. I am in the Yorktown area of Virginia
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Old 11-03-2019, 01:50 PM   #2
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From another retired teacher who also painted summers and then went full time after retiring; just think carefully about giving up your current health and retirement benefits (as paltry as they may or may not be) and how you will replace them as a painter.

Oh, and welcome to the group.

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Old 11-03-2019, 02:06 PM   #3
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That is the talk my wife and I have been having. I am on her insurance but the retirement I get is what is holding me back, that and I really like my teaching job and school. Plus with the side money from painting combine with my teaching salary I actually make a real adult salary lol

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From another retired teacher who also painted summers and then went full time after retiring; just think carefully about giving up your current health and retirement benefits (as paltry as they may or may not be) and how you will replace them as a painter.

Oh, and welcome to the group.

Dan
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Old 11-03-2019, 02:35 PM   #4
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That is the talk my wife and I have been having. I am on her insurance but the retirement I get is what is holding me back, that and I really like my teaching job and school. Plus with the side money from painting combine with my teaching salary I actually make a real adult salary lol
Well, if you like teaching, and can afford to keep doing it, I would just advise to continue looking at all the pros and cons before jumping ship.
Personally, I liked the mix of teaching and painting as they were complete opposites of each other: painting has a definite start and stopping point, as opposed to teaching where there is always more to do and further to go (not considering the calendar limitations).
When painting you can see your accomplishments, not always so in teaching.
When a painting job is complete (generally in a week or two) you collect your check and move on the the next job. Not the case in teaching.
Yes, there is the occasional PITA customer, but nothing compared to how some parents, students, fellow staffers, and admin can be.

Of course teaching has it’s pluses too as you are fully aware of.

There are some good permanent threads (stickies) in the PT business sub-forum about becoming a painting contractor. I would suggest you read some of them if you already haven’t.
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Old 11-03-2019, 06:20 PM   #5
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I second the "keep teaching" arguement. That is if you like teaching and are making good money at it, or at least better money than you would earn painting.

I used to teach high school and middle school social studies. I do not miss teaching. I burned out real fast. That said, painting is hard on the body. I am turning 50 soon, in very good shape, and have been painting for 7 years on my own. I am currently trying to figure out how to move away from exterior work and maybe in the next few years even totally leaving the profession. The reason for this is at the end of the day I am exhausted. My shoulders hurt and my muscles are stiff. I like painting but it is beating me up.

If you do decide to leave teaching try to avoid working on big exteriors. Do the smaller and easier stuff, or better yet only do interiors.

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Old 11-03-2019, 07:26 PM   #6
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Having a spouse that contributes income and health benefits, certainly makes the prospect of self employment more feasible. Especially, if painting and small business ownership interests you.
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Old 11-03-2019, 07:59 PM   #7
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The health insurance is a biggie. I get it through my wife who's a rn without her working I'd have to seriously consider my options.

If I were you and I liked teaching I'd continue and keep painting as a side/summer gig.

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Old 11-04-2019, 10:03 PM   #8
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My wife and I are both self employed. I'm paying about 1100/mo for health insurance for us and a 1 year old.

It's pretty expensive in my estimation, but it's not so much that you shouldn't be able to include in general overhead expense.

If you divvy it out hourly, you should charge about 10 bucks more for a sole proprietor with no employees. When you have employees, you can spread the cost better.
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Old 11-04-2019, 10:48 PM   #9
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My wife and I are both self employed. I'm paying about 1100/mo for health insurance for us and a 1 year old.

It's pretty expensive in my estimation, but it's not so much that you shouldn't be able to include in general overhead expense.

If you divvy it out hourly, you should charge about 10 bucks more for a sole proprietor with no employees. When you have employees, you can spread the cost better.
That's not too bad but what are the deductibles? From what I've seen that's where they really get you.

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Old 11-05-2019, 10:43 AM   #10
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That's not too bad but what are the deductibles? From what I've seen that's where they really get you.

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It's only $900 deductible. The caveat being that I was able to buy into the state public employees insurance program as an elected official. I have to pay the whole premium, though.

Previously, I had insurance through the exchange. It was the cheapest bronze plan and the deductible was like $5000 or so individual. The premium was about the same $1100.

The current plan is definitely far superior.
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Old 11-05-2019, 11:14 AM   #11
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It's only $900 deductible. The caveat being that I was able to buy into the state public employees insurance program as an elected official. I have to pay the whole premium, though.



Previously, I had insurance through the exchange. It was the cheapest bronze plan and the deductible was like $5000 or so individual. The premium was about the same $1100.



The current plan is definitely far superior.
Oh okay that makes sense. I know when my dad went looking for insurance it was crazy. Granted he was in his 50s and had a heart attack, but just for him it was $2,500 a month with nothing being paid out until the $10,000 deductible was met. So yeah they can't legally deny people with preexisting conditions but with prices like that they basically are.

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