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Updated about 3 years ago on . Most recent reply

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George Cummings
  • Investor
  • Columbia, MO
6
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22
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Rent to income ratio

George Cummings
  • Investor
  • Columbia, MO
Posted

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.

Most Popular Reply

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200
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77
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Jasmine Delves
  • Denver, CO
77
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200
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Jasmine Delves
  • Denver, CO
Replied

30% seems to be pretty common too.

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