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Re: Count GI Bill Income?
by Shaun
on December 17, 2014 @13:38
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Jannie, I use a 3.5 income ratio also. I use to use 3x's but I found that tenants with 4xs really were much better at paying their rent on time. So I raised my standard to 3.5. My properties range from mid 600s+. to 900. 3 times 600.=1800. By the time tenant pays rent and utilities over half their month income is gone.
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