Roi is a tool for comparing whether attaining that actual profit was worth it relative to other deals.

Payroll & Related Salaries - Management Salaries - Leasing Salaries - Maintenance Overtime / Inconvenience Wages Bonuses - Incentives Leasing Commissions Temporary Help Employer Related Payroll Expense-ADM Utilities expanded: Utilities Electric - Occupied Electric - Common Area Electric - Vacant Water and Sewer Trash Removal Utility Billing / Recovery Service Marketing expenses expanded: Marketing Expenses Advertising - Signage Internet Advertising Other Advertising & Marketing Administrative expenses elaborated: Administrative Expenses Training and Education Career Apparel Postage and Freight Telephone Bank Charges and Fees Office Supplies Dispossessory Fees Mileage Reimbursement Expense Printing & Forms Copier Expense Computer Expense Answering Service Dues and Subscriptions Credit Fees Professional / Legal Fees Meals and Entertainment Travel Expense Employee Screening Employee Recognition Overhead - Acctg & Admin Fees Repairs and Maintanance expanded: Repairs & Maintenance Other Interior Maintenance Exterior- Painting Exterior - Doors and Windows Exterior - Carpentry Exterior- Lighting Exterior - Signage Repair Parking Lot Maintenance Tools & Supplies Other Exterior Maintenance Interior - Carpentry Interior - Cleaning Interior - Electrical Interior - Fixtures Interior - Flooring Interior - Hardware Interior - HVAC Interior - Paint Interior - Plumbing Interior - Window Coverings Interior - Appliance Repairs Turnkey Turnkey - Carpet Cleaning Turnkey - Cleaning Turnkey - Painting Contracting expenses can include: Contract Services Landscaping Maintenance Landscaping Other Equipment Rental and Maintenance Exterminating / Pest Control Property taxes are straight forward, and grouped with insurance: Property Taxes Property Taxes Total Property Taxes Insurance Property Insurance Hope that helps.  

The 1099 is really a great tool for your business.

Step 2 is to look at whether there are tools that you can use (not people yet) to improve your own productivity.Step 3 is to analyze cost vs. benefit of hiring help (whether it is employee or outsourced).Another factor to keep in mind is to look at whether today's need will also exist tomorrow.

In addition to my entire marketing plan, my clients get the benefit of my staging advice, pricing tools, ability to negotiate the highest and best price with a highly qualified buyer (not the bargain hunters that target FSBOs), and professional expertise at running an escrow.

I am just gathering my tools for successful flipping right now, but do know that in my (JOB) industry there are very definitive selling seasons.

Are you already using all of BP’s tools for connecting with local investors?

Consider other sources of data: While AirDNA is a useful tool, it's not the only source of information.

Wondering if anyone is actively using the BP rental property analysis tool / the rent estimator.

Need some advice here.Hired a painter to paint a vacant property.Never worked with him before.Not a big job contract about $1000 plus materials.Painter says on first day he can get more done if he can stay over at the vacant property, he can bring in a sleeping bag and work longer hours.I don't think this is a good idea.First I have some power tools at the place.I really don't think I want him sanding the ceiling at 3am...I don't want to hand over the keys either.There may be liaility issues as well.Thoughts, bad idea or am I being too paranoid and is not really a big deal?