Updated over 3 years ago on . Most recent reply
Rent to income ratio
What is a number that you use when doing your credit check on tenants on how much they make versus how much rent it? I usually use the 25% rule. I usually take whatever there income is and multiply it by 25% and that is what they roughly can afford. I am curious on what everyone else uses when screening a tenant.
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30% seems to be pretty common too.