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Updated almost 10 years ago,
Attn Bper: Bens $1000 a month rule - learn it, love it, leave it?
I was just reading Ben's latest blog post and he brought up some real numbers after owning 100 doors. His experience has led him to the conclusion you need to get $1000 per month(sfh) in order to cover expenses and still make a profit. Now he is in Ohio but he is convinced this rule applies nearly everywhere. There are some exceptions for being local but if it was under $1000 that was more of a job/investment vs a semi passive income play.
Here is his post;
http://www.biggerpockets.com/renewsblog/2015/03/03...
Should this be a rule like 50%? Let us know what you think.