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General Landlording & Rental Properties

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Bob Houston
  • Real Estate Investor
  • Forney, TX
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New landlord...3X rent as salary requirement...too high?

Bob Houston
  • Real Estate Investor
  • Forney, TX
Posted Mar 20 2018, 17:25

SFR is in the Dallas TX area which is a red hot market right now. Rents have increased a lot over the last few years.

I am concerned that requiring 3X rent as a monthly salary may be unrealistic.

- it is a 3 br, 1.5 bath, 1 car garage in 75126

- rent is $1350/math

Input?

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