Beepbeep Posted August 8, 2013 Share Posted August 8, 2013 Hi, just wondering if any one knows how property managers assess affordability for rental property applicants? ie 20% of weekly net income etc? Link to comment Share on other sites More sharing options...
Sammy1 Posted August 24, 2013 Share Posted August 24, 2013 As long as you can pay, they really don't care. Link to comment Share on other sites More sharing options...
Alaska Posted August 24, 2013 Share Posted August 24, 2013 I heard that is it, officially they look for a max of around 30% (or maybe it was 1/3) of net income. However ours is near to 40% and we got the first property we applied for. Link to comment Share on other sites More sharing options...
Peach Posted August 24, 2013 Share Posted August 24, 2013 I was given advice that you'll feel squeezed if you're spending more than a third of your income on rent. Every family is different though. Link to comment Share on other sites More sharing options...
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