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General Landlording & Rental Properties
HomeForumsGeneral Landlording & Rental PropertiesHow Much Income Do You Require From A Tenant To Approve Them?
John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
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John Thedford's profile image
John Thedford's profile image
John Thedford
  • #5 Wholesaling Contributor
  • Real Estate Broker
  • from Naples, FL
  • Member since Feb 7, 2013
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John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
6,540
Votes |
9,365
Posts
General Landlording & Rental Properties

How Much Income Do You Require From A Tenant To Approve Them?

John Thedford#5 Wholesaling Contributor
  • Real Estate Broker
  • Naples, FL
Posted Jan 15 2014, 09:57

What is the general rule of thumb for approving a tenant on income? Say the rental rate for an annual is $1150 per month. How much would be the minimum income you look for to feel comfortable the tenant could pay the rent? Thanks!

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