It is not exactly a rule. Nobody sits you down at your first investor meetup and writes 8 percent on a whiteboard. But somehow, if you have read a couple of real estate books or sat through any number of podcasts (including, occasionally, mine), you have ended up using it anyway. Set aside 8 percent of gross rent for maintenance. Or maybe 10 percent. Or maybe 1 percent of property value annually. Whatever flavor of it you absorbed, it is a flat n
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