Hire it done or do it yourself

[Cheryl Packham]

Hello everyone!!

I am writing a research paper for a strategic economics class.  My focus is on how real estate investors decide whether to hire aspects of their business or do it themselves.  What I would like is for people to walk me through their process on how they make these decisions.  For example, if you decided to hire a person to send out mailers, was this done because you no longer had the time, you didn't like the work, or you felt you were more valuable doing other parts of your business. 

I look forward to reading your responses and please let me know in your response if you are willing to be quoted in my paper.  It will not be published, just summited to my professor. 

Thank you in advance~

[Larry Turowski]

@Cheryl Packham There are several considerations:

Can you earn more with your time than you'd pay someone else to get the job done?  (In other words, if you were hiring yourself at your going rate, would you be more expensive than the contractor?)  If there answer is no, consider doing it yourself.

Do you have the skills and are you interested in doing it yourself?  If the answer to both of these is  yes, then consider doing it yourself.

Do you have more time or money?  If the answer is time, then consider doing it yourself.

For me, I'm more expensive than a contractor.  I don't have the skills.  I don't have the interest.  And I have very little free time.  I don't do anything myself.