#34712 - 01/27/0702:36 AMRe: How much can I pay for rent
Artiste
Major Contributor
Registered: 06/12/06
Posts: 1972
Loc: Arizona Bay
My income to rent ratio standard is 2.9. Meaning, your gross income shouldn't be higher than 2.9 times whatever you pay in rent. Some landlords push it to 3 times.
You can pay as much as you can and as much as your landlord will let you.
Rents are only regulated by reality and you realistic capability.
_________________________
Jim Lee, REALTORŪ, CRS, ABR, e-PRO [url=www.KnoxvilleHomeCenter.com]www.KnoxvilleHomeCenter.com[/url] [url=www.KnoxvilleTennesseeRealEstateBlog.com]www.KnoxvilleTennesseeRealEstateBlog.com[/url] I am not an attorney & I am not giving you any legal advice.
You can pay as much as you can and as much as your landlord will let you.
Rents are only regulated by reality and your realistic capability.
_________________________
Jim Lee, REALTORŪ, CRS, ABR, e-PRO [url=www.KnoxvilleHomeCenter.com]www.KnoxvilleHomeCenter.com[/url] [url=www.KnoxvilleTennesseeRealEstateBlog.com]www.KnoxvilleTennesseeRealEstateBlog.com[/url] I am not an attorney & I am not giving you any legal advice.
This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Celebrating 13 years as one of the internet's most popular Real Estate Communities!
Previous Topic
Index
