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Updated almost 11 years ago,

Joe Butcher's profile image
Joe Butcher's profile image
Joe Butcher
  • from Dallas, Texas
  • Member since Aug 10, 2013
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311
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Joe Butcher's profile image
Joe Butcher's profile image
Joe Butcher
  • from Dallas, Texas
  • Member since Aug 10, 2013
Connect
Joe Butcher
  • Dallas, TX
93
Votes |
311
Posts
General Landlording & Rental Properties

3 X the rent on lower income?

Joe Butcher
  • Dallas, TX
Posted

I hear a lot of landlords on here talk about tenants needing to make 3x the rent to qualify. Is this rule still a reasonable expectation in lower income areas?

About the unit I'm renting: I think I can get 1000 a month for it, according to rentometer and other properties I've looked at.

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