· 5 min read
What the 40× rule really means
The 40× rule asks for yearly income of at least 40 times the monthly rent. Here's what that works out to, how it compares to a 3× rule, and the details that decide whether you pass.
PropFit · Blog
The PropFit blog
Plain-language guides to the numbers and rules behind renting, for renters and owners. Subscribe by RSS.
· 5 min read
How to read a rental's true move-in cost
The advertised rent is rarely the cash you need on day one. Here's every item that adds up to a move-in cost, how to count each once, and what New York and Florida allow.
· 6 min read
Why reasons beat scores in tenant screening
A single score tells a renter they failed but not why, and tells an owner little they can act on. Criterion-by-criterion reasons are clearer, fairer and more useful to both sides.