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Updated over 4 years ago, 08/27/2020

User Stats

5
Posts
2
Votes
Ray Southern
  • Chicago, IL
2
Votes |
5
Posts

Seller lacks a P and L statement

Ray Southern
  • Chicago, IL
Posted

Hi all,

Not sure if this is the right forum to post.

I'm doing homework on properties, and I keep getting to the point where I ask my Agent to get me an Profit and Loss statement on the property.

9 times out of 10, I don't get one.

At what point in the process do you ask for these?

I've been told that some sellers don't have these.

Is that normal? How can they expect to sell a building without one?

If a P and L statement is such a burden, is there other information I can ask for instead?

Thanks

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