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Updated over 7 years ago on . Most recent reply

User Stats

100
Posts
12
Votes
Philip Mullinax
  • Columbia, SC
12
Votes |
100
Posts

What documents should I ask for when evaluating a multifamily?

Philip Mullinax
  • Columbia, SC
Posted

Hey guys,

I am going to see two prospective quadraplex's this weekend and wanted to see if anyone had any suggestions as to what documents to ask the current owner for.  I already know the taxes for both properties and I have called the utility companies to get a round about number for utilities, but I wasn't sure if there is a specific document that may give me a comprehensive overview of the profits and losses for the current owner.  I have done the analysis with judicious estimates, but I would love to see real numbers if possible.  I appreciate any advice.   

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