Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Buying an active rental property
I requested two years of financials for an active rental property and the response from the other side was:
"The agents just got back to me and they simply responded with the financials are the real deal. (The owner of the property might not want to release the financials for confidentiality reasons)."
Correct me if I'm wrong, but isn't it common practice to share the financials of your business when someone else is taking attempting to buy it? To me, this is the equivalent of "Trust me. My company is profitable. You should buy it.", which is a huge red flag.