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Updated over 6 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Derby, CT
  • Member since Jul 19, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Derby, CT
  • Member since Jul 19, 2015
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Account Closed
  • Investor
  • Derby, CT
2
Votes |
11
Posts
General Landlording & Rental Properties

Rule of thumb for evaluating tenant income?

Account Closed
  • Investor
  • Derby, CT
Posted

Does anyone have a good rule of thumb for evaluating tenant income when the primary rent payment source will be through liquid investments in retirement accounts?

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Richard Sherman's profile image
Richard Sherman's profile image
Richard Sherman
  • Rental Property Investor
  • from Salem, OR
  • Member since Dec 3, 2017
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696
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Richard Sherman's profile image
Richard Sherman's profile image
Richard Sherman
  • Rental Property Investor
  • from Salem, OR
  • Member since Dec 3, 2017
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Richard Sherman
  • Rental Property Investor
  • Salem, OR
660
Votes |
696
Posts
Richard Sherman
  • Rental Property Investor
  • Salem, OR
Replied

@Account Closed our rule of thumb is

 INCOME > 3 X (Rent+RUBS/FEES)

I do not care where it comes from as long as it is stable income  :)

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