If you do decide to make it a full-time business, the sky’s the limit. The house flipper/contractor that I worked for billed clients $35 per hour for painting, and paid his best painters perhaps half of that, so there is room for some profit there. Consider the case of Matt Shoup, who started with $100 and went door-to-door, asking neighbors if they needed some painting done, then built a painting business that earns $2.5 million per year!
When calculating total cost of your project, one of the most important factors to consider is the paint itself. Paint costs will be determined by the quantity of paint and primer required to complete your project, as well as the quality of the paint you choose. You can use this paint calculator to estimate how much paint you will need.. Once you have an idea what you're working with, go to your local home improvement store and compare the costs of a gallon in person. Painting professionals can also quote average prices from their years of experience working with different paint qualities.
If a company has a formal training program, it’s a safe bet that they have their act together. They can do training in-house through regular meetings of their employees.  They can have field training systems in place, usually coordinated with classroom training sessions.  They can also use trade associations, such as PDCA (Painting and Decorating Contractors of America) or paint manufacturer’s representatives to stay up to date with the latest materials and techniques. 
Generally, it will take a minimum of two gallons of paint to cover a room. At the highest end, paint will cost anywhere between $30 and $60 per gallon and come in three different finishes: flat, semi-gloss or high-gloss. Flat finishes are the least shiny and are best suited for areas requiring frequent cleaning. Semi-gloss finishes are a bit shiny but can also be easily cleaned. A high-gloss finish is stain-resistant and easy to clean. Traditionally, living rooms should be painted with a flat finish to allow the paint to stand out. Glossy finishes should be reserved for hallways, and a semi-gloss is best suited for trim. Invest in pre-primed paint whenever possible. This cuts down on time by combining the layering process. Almost any paint job will require a primer, which will cost anywhere from $7 to $15 per can. Primer helps the paint to stand out against the underlayer of paint it's covering, especially if the new paint is lighter than the old coat. You will need at least two cans of primer, if not more, to cover one wall. Here are some paint brands and their average price per gallon:

So sad that Angie's List requires the contractor be notified!! They have lost me as a client. If I'm dissatisfied and want to give an "F" rating (question/workers...I SHOULD NOT be intimidated into passing up an opportunity to explain my experience! There is NO WAY my contractor got an Aplus rating from over five hundred people....so someone was lying....yet I can't report that without the contractor knowing it? REALLY?
If you hire a contractor for a painting job, you’ll want some assurances in the form of guarantees or warranties.  Knowing the importance of warranties, some companies even give unrealistically long warranties such as 10 years, 20 years or even lifetime warranties. The sad fact is that most of these companies will be out of business long before their warranties expire. So what is a realistic warranty that you can trust? Here’s what you should look for in a great warranty:
A painter's rod, or pole, can help you paint ceilings more quickly — no climbing up and down ladders required. And there's no need to stand directly underneath the area you are painting, so you won't catch every wayward splatter. A pole is also great for walls and floors. The pros were split over whether the 4- or 8-foot pole is best for everyday use, but they all agreed that a telescoping rod is the best bet.
Taking a few moments to read the following few pages could save you both money and frustration by avoiding a bad contracting experience.  The fact is, painters range in the quality of services they provide, and there are many inexperienced, unlicensed and unqualified people and companies that masquerade as professional painters. Many homeowners are so focused on “how much” that they never even consider anything else. This can lead them to hire the wrong company.
To solidify this response, we have been in business for over 30 years as a painting contractor. We didn't just paint a couple of houses 25 or 30 years ago, we paint approximately 900-1000 painting jobs per year and operate with 40 professional painters doing commercial, residential and industrial painting. This article on behalf of Angie's List is totally asinine! I was under the impression Angie's List was only carrying "legitimate" contractors with established reputations. This article written is primarily referring to bottom feeding, one man band operations, trying to hustle for a paycheck.
Once you’ve decided on a house painting project, you’ll need to choose your color. There’s no set rule here to guide you. The wide variety of colors to choose from, and the combinations that are available when it comes to trim, doors, and other extras, make this choice mostly a personal one. One of the best ways to get pointed in the right direction is to drive around your town and neighborhood looking for homes that catch your eye. Try to figure out what it is about them that turned your head. Maybe they did something you didn’t like (i.e. stay away from that color, style, look, etc.), maybe the color combinations really speak to you (a light body with dark trim or vice versa), and maybe it’s just how they accented certain parts of the house that you like. Make note of all these things so that you can keep them in mind as you get your own house painting project underway.
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