[A930Rocket]

Thanks guys.

My brother's co. manages the offices by leasing, repairing, calling in maintenance, etc. The owners wanted some capital improvements done. These costs are not passed onto the tenants to acheive higher rents.

The "markup" is simply a fee charged to the owners of the office bldgs for work we contracted to have done to the three (3) two story office bldgs. I bid the work out, made proposals to the owners, picked the subs, scheduled them, etc. On $75k worth if work, $5625 (7.5%) in profit is not worth it IMHO, with all the time and effort it took to get the work done. My thought is the going rate would be higher, but I'm used to new home construction, not propert mgt.