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Updated about 5 years ago,

User Stats

129
Posts
93
Votes
Tyler Bobo
  • Realtor
  • Wasilla Alaska
93
Votes |
129
Posts

Tenant screening, do you consider debt to income?

Tyler Bobo
  • Realtor
  • Wasilla Alaska
Posted

If you want to see the monthly income of 3x the rental amount (or whatever your standards happen to be) do you ask what they owe and have monthly payments on?  Obviously if their income is already "spoken for" and they're stretched too thin they'll likely run into trouble.  I haven't previously considered this much, yet I've been burned before.  How do you handle high Debt to Income?

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