Hi all. Not sure if this is the post is in the right spot, Its specifically Reno related i am thinking. So i thought i would crunch some numbers on employing vs DIY on a spreadsheet (attached). This is the scenario. I can do a lot of things myself, i'm pretty handy and not afraid to take things on. I also don't like doing this when else someone else can do it , either allowing me to complete other jobs, move onto more properties faster. I am also going on a pre-booked holiday in the middle of a reno for 2 weeks and don't want any time wasted/ money wasted on the reno when my other option would be having things done whilst away. Speeding up the refinance and equity pull is also hard to account for in numbers with my limited maths skills. I have a few minions and bribes in my bag of tricks to do my work, really want to make sure this is accurate for now and the future reno work. The spreadsheet has the following assumpitions: a) Fast Reno's means faster rent comes in, hence counted as a holding cost. b) Purpose is to Buy, Hold, pull equity and repeat. NOT buy and Sell. c) Holding costs of Council rates, Insurance have been left out as they would have to be paid regardless if tennants were in or not, also tax deductable either way (purpose being to lease out an IP). d) You can do the same job with the same result as the person employing it would do. This is purely focusing on numbers. What am i missing or not taking into account in the numbers? Would the end 'Per Day' (x) cost mean that if i can find someone to do a days work for (x), it would be exactly the same as me doing it? I will post an ammended spreadsheet if improved.