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Updated almost 5 years ago on . Most recent reply

User Stats

5
Posts
6
Votes
Patrick Risko
  • Milford, CT
6
Votes |
5
Posts

Verifying Rent Rolls?

Patrick Risko
  • Milford, CT
Posted

I'm looking at a 2 family house that has month to month renters. I am looking to make an offer. How would I ask the seller to verify the rent collected?

Most Popular Reply

Account Closed
  • Investor
  • Fairport, NY
74
Votes |
124
Posts
Account Closed
  • Investor
  • Fairport, NY
Replied

@Patrick Risko have the tenant sign an estoppel that verifies the rent amount, security deposit, length of lease term. If you are working with an attorney they can create a simple one page document for you.

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