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Updated almost 10 years ago on . Most recent reply
What to ask seller for when looking at properties?
I'm headed to Ohio later this week to look at several multifamily properties for sale as part of a package deal. These will be the first properties I've purchased and I want to make sure I'm asking the right questions before I write an offer.
I've asked the seller for the rental history (has owned 20+ years) and the repair/ maintenance history. Is there anything else I should be asking for before I make a decision?
Thanks in advance!
Most Popular Reply

Hi Jeff,
I'm new to this as well, and just read "The ABC's of Real Estate Investing" by Ken McElroy. If you can get your hands on a copy, I'd suggest checking out Chapter 7. He breaks down verifying income and expenses in a way that really makes sense so you can put the numbers together and come up with an offer.