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Updated about 3 years ago on . Most recent reply

User Stats

57
Posts
16
Votes
Bailey A.
  • Investor
  • Fort Worth
16
Votes |
57
Posts

Gross Income or Net Income for 3X Monthly Rent?

Bailey A.
  • Investor
  • Fort Worth
Posted

Hi There,

I'm in the process of sifting through applicants and had a quick question. When going by the industry standard of income needing to be 3x the amount of rent, do you look at gross or net amount?

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