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Updated almost 3 years ago on . Most recent reply

Greg Larson's profile image
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Greg Larson
  • Investor
  • from Knoxville, TN
  • Member since Dec 26, 2016
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Greg Larson's profile image
Greg Larson's profile image
Greg Larson
  • Investor
  • from Knoxville, TN
  • Member since Dec 26, 2016
Connect
Greg Larson
  • Investor
  • Knoxville, TN
26
Votes |
116
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Starting Out

Annual Operating Expenses

Greg Larson
  • Investor
  • Knoxville, TN
Posted

Hey all, I'm looking at a duplex property that was just put on the MLS. It's stating that the annual operating expenses are only $500.

This sounds unrealistic, correct?

If so, is it common for MLS figures regarding GOI, NOI to be inflated/manipulated? Or do they have to provide proof of those figures in order to list it on the MLS?

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