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Updated over 6 years ago on . Most recent reply

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Anthony Mikolich
  • Investor
  • Dunedin, FL
5
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Renters income qualifications

Anthony Mikolich
  • Investor
  • Dunedin, FL
Posted

Hey All!

So if I'm renting a unit for $1100 a month should the tenants monthly income of at least $3300 be their gross or net monthly income?

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Billy Smith
  • Shawnee Mission, KS
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Billy Smith
  • Shawnee Mission, KS
Replied

The answer is 3 times that is the standard ,I would hire a 3 party and do a back ground check .

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