Introducing the Passive REI performance meters!
Every month, as part of my income reports, I’ll grade the following parameters:
- Cash flow – will be graded based on the potential versus actual cash flow.
- Passiveness – graded based on the amount of time spent on my income properties-green means very little time spent, red means too much time spent. This won’t include efforts on acquiring new properties, as those are not passive but rather very active (it’s important to learn everything I can about the property, neighborhood, turnkey provider, etc.).
The idea is to compare between different months, and visuals are always easier to consume than text.
My August and September meters came out the same:
Recent Comments