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Updated over 3 years ago on . Most recent reply

Alex S.'s profile image
Alex S.'s profile image
Alex S.
  • from Washington, US
  • Member since Jul 1, 2021
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Alex S.'s profile image
Alex S.'s profile image
Alex S.
  • from Washington, US
  • Member since Jul 1, 2021
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Alex S.
  • Washington, US
8
Votes |
43
Posts
General Landlording & Rental Properties

Rent-to-income ratio as one of the requirements?

Alex S.
  • Washington, US
Posted

Is it a good practice to set rent-to-income ratio requirements for applicants? 

What is a good number considered as an industry standard?

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Jill F.'s profile image
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Jill F.
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  • from Akron, Ohio
  • Member since Jun 14, 2016
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Jill F.'s profile image
Jill F.'s profile image
Jill F.
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  • from Akron, Ohio
  • Member since Jun 14, 2016
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Jill F.
  • Investor
  • Akron, OH
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Jill F.
  • Investor
  • Akron, OH
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I require 3x rent+water in gross pay (4x for unrelated couples where neither applicant can cover on their own.

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