VLOG #17 How Do I Know If My Tenants Can Afford My Rental Property
How do you know if your tenant can afford your rental property each and every month?
Great question and one of the BIGGEST concerns I had when I first got into real estate investing. I didn’t want to be sitting in the Landlord and Tenant board each month dealing with tenants because they couldn’t afford their monthly rents.
Here’s an effective and very simple formula you can use to protect yourself.
If you would like me to answer one of your questions, please drop me a line. I would love to hear your feedback or comments.