Total operating expenses are all of the expenses for an investment. Here are some expense categories to think about:
Accounting and Legal Fees, Advertising, Licenses and Permits, Property Insurance, Offsite Property Management, Payroll - Onsite Manager, Payroll - Workers Compensation, Payroll - Social Security, Payroll - Medicare, Payroll - Misc, Leasing Commissions, Real Estate Taxes, Repairs and Maintenance, Services - Janitorial / Cleaning, Services - Lawn / Landscaping, Services - Pool, Services - Trash Removal, Supplies, Utilities - Owner Paid Electric, Utilities - Owner Paid Gas / Oil, Utilities - Owner Pd. Water / Sewer, Utilities - Owner Paid Telephone.
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