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Updated over 8 years ago,

User Stats

37
Posts
12
Votes
Drew Nagda
  • Investor
  • Upland, CA
12
Votes |
37
Posts

Property Management Information

Drew Nagda
  • Investor
  • Upland, CA
Posted
Hey all, I'm in the process of buying a property that is occupied by 2 different families - one in the main house, and one in a converted garage. After agreeing on the purchase price with the homeowner (who lives out of the area), they put a counter in the offer that I couldn't get the name and information of the property management company until *after* escrow closes. Is that normal, or does that wave a red flag? I want to make sure the tenants get their deposits back in addition to a sum to leave the property in 30 days. This will not be a rental property but a rehab and flip. It seemed like a very odd note to add in the counter offer, and was wondering if anyone else had experience dealing with this. Thanks in advance.

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