General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago,
Tenant Income Requirements
Would anyone lease to someone if they didn't meet the 3x income requirement, if there were valid life reasons and expectation that a new job would easily put the tenant well beyond the minimum? And if so, what would you ask for as additional security (much higher deposit, pre-paid rent, bank statements showing reserves, income tax returns, etc.....)?
This assumes that all other screens come up solid.