Buying & Selling Real Estate
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 almost 7 years ago,
Purchasing Cash-Flow Properties
Hi everyone! I am actively looking and in contact with a couple different sellers. The two properties I have my eye on are cash-flowing properties, which is very attractive to me. I have never purchased a "cash-flow" property with tenants already in place. My question is, how do I verify that they are cash-flowing? Do I request a copy of a lease? But then, anyone can make a lease and tenants, so how do I actually verify these things? Do I request bank statements from the current owner? All help and advice is greatly appreciated! Thank you!