Real Estate Operating Expenses

Written by Scott

What are Real Estate Operating Expenses?

Real Estate operating expenses (OE) are the costs and fees that an owner incurs while maintaining an income producing property. These costs are most directly related to the properties upkeep and maintenance, but can also be cost for services as well. Listed below are some of the most common operating expenses for residential rental property.

Utilities (water, gas, electric)
Property Management
Marketing and Advertisement
Maintenance and Repairs
Supplies
Security
Salaries
Bookkeeping
Attorney Fees
Pest Control
Trash Removal/Disposal
Property Taxes
Travel Expenses
Vehicle Maintenance/Gas
Insurance
Snow/Water Removal
Legal Fees
Maid/Janitorial Services
Bank Charges/Fees