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All Forum Posts by: Zach Clark

Zach Clark has started 1 posts and replied 1 times.

General Landlording & Rental Properties

Post: Has anybody ever heard of a 10-2 principal

Zach Clark
Pro Member
Posted
  • Investor
  • Newnan, GA
  • Posts 1
  • Votes 0

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.

0 Votes