I have been a real estate investor for just over two years. This question centers around “opportunity cost.” I ALSO own and work in a lawn care business, own and run a small web design business, as well as own and manage several single family and multi-family apartment buildings. (43 units) When I’m actually earning income in the lawn care business, my gross hourly rate is $60-$70 per hour before expenses. (and expenses are pretty high in that business – fuel, equipment, insurance, etc.). In my web design it’s hard to say. I don’t make ANYTHING “running” it on a per hour basis, but when I’m doing a paid task, it’s $50-$100 per hour with VERY low overhead. Now, in my rental RE business, because I’m not trained in carpentry, handyman stuff, etc., I tend to be fairly inefficient in those areas so I hire out. In addition, my cracker jack painter gets $20 per hour (and he’s good, and he’s FAST). My two handymen get $16 per hour. I have a “higher end” carpentry team that gets $25-$30 per man-hour. I want to make an intelligent decision on where to spend my time. Where I’m “stuck” is this: When I “avoid” paying my handyman $16 per hour, I’m “making” $16 per hour by “saving” $16 per hour. (A penny saved is a penny earned) It’s very black and white. (let’s forget for now the fact that it will take me 1.5 hours to do whatever they do in an hour!). When I’m working in my lawn care business, earning $65 per man-hour … am I REALLY making $65 that for comparison purposes? Or do I want to find out my “after expense” hourly rate? I know the answer is simple but I’m just STUCK! I usually bring my lawn care business income down to "zero" becuase I sub much of it out, and pay ourselves a salary, but I know my "time value" in that company is worth more than the "before tax zero" bottom line...Thanks to any of you wonderful numbers people out there who can bump me in the right direction.