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Updated almost 11 years ago on . Most recent reply

Atul Mohlajee's profile image
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Atul Mohlajee
  • from Oak Park, Illinois
  • Member since Mar 8, 2014
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Atul Mohlajee's profile image
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Atul Mohlajee
  • from Oak Park, Illinois
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Atul Mohlajee
  • Oak Park, IL
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General Landlording & Rental Properties

What is your maximum rent for a rental property you currently own?

Atul Mohlajee
  • Oak Park, IL
Posted

What is your maximum rent for an SFH or an appartment unit? I am planning to rent an SFR for $2300 near Downtown Chicago and do not find that many people with qualifying income that will be 10000. What is your experience. I am giving this rental to a realtor to lease.

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George P.
  • Property Manager
  • from Livonia, MI
  • Member since Jun 13, 2011
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George P.
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  • from Livonia, MI
  • Member since Jun 13, 2011
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George P.
  • Property Manager
  • Livonia, MI
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George P.
  • Property Manager
  • Livonia, MI
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highest i have is $1,225. they are all 3 bed ranches with lots and garages.

income levels are around 40-80k for the families.

i had a couple that was making over 150k and they stayed just one year. i didn't like that at all. the more they make, the more likely they will stay just one year since they look to buy.

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