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Updated over 3 years ago,

Zach Clark's profile image
Zach Clark's profile image
Zach Clark
Pro Member
  • Investor
  • from Newnan, GA
  • Member since Feb 26, 2020
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Zach Clark's profile image
Zach Clark's profile image
Zach Clark
Pro Member
  • Investor
  • from Newnan, GA
  • Member since Feb 26, 2020
Connect
Zach Clark
Pro Member
  • Investor
  • Newnan, GA
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General Landlording & Rental Properties

Has anybody ever heard of a 10-2 principal

Zach Clark
Pro Member
  • Investor
  • Newnan, GA
Posted

My grandfather is an old school investor all his rentals are paid for. He always said that 2 months should pay for taxes insurance repairs for the year and 10 months should be profit. Is this a real thing has anybody ever heard of that and does it make any financial logic.

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