Join Date: Oct 2012
Thanked 22 Times in 11 Posts
I quit doing inspections. I figure that I need to average $20 per to make a profit. When I was doing them, I couldn't pay myself minum wage and maintain a car. Now add in the proper insurance that you should have on your car and to cover general business liability and you are paying them to work.
I did rural and city, I lost money on the rural inspections every day. Last year I did about 50,000 miles. I haven't finished my taxes yet but, I know I earned less than .36 per mile and I was not insured properly.
When I do commercial inspections for freelance, I get .70 per mile with a $150.00 minum. Its not steady though. My last inspection on some construction equipment was two months ago.... It's been a very slow winter. But, inspecting commercial stuff for liability or doing pre-purchase inspections pays $200 plus per job and its low stress. Just need to get qualified for what you want to inspect. Things like weld inspectors are kinda steady. Companies need their vendor shops checked on for QC before large items are shipped to avoid schedule nightmares. Sometimes they just want to know if the shop has the correct material on site to make their item. Many times I've seen material paid for that was supposedly in production actually not even onsite.
Look for skilled inspection work, mortgage inspections are a deadend.