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Updated about 3 years ago on . Most recent reply

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189
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Brian Plajer
  • Rental Property Investor
  • Chalfont, PA
90
Votes |
189
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How do you verify rent roll?

Brian Plajer
  • Rental Property Investor
  • Chalfont, PA
Posted

Hello,

When reviewing a multifamily property and the current rent is listed how do you verify that the current tenants are actually paying their rent? Anyone can create a spreadsheet. I often hear about the rent roll but how do know its legit and is there any recourse if it turns out to be fake

  • Brian Plajer
  • [email protected]
  • Most Popular Reply

    User Stats

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    Bjorn Ahlblad
    #5 Multi-Family and Apartment Investing Contributor
    • Investor
    • Shelton, WA
    6,948
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    Bjorn Ahlblad
    #5 Multi-Family and Apartment Investing Contributor
    • Investor
    • Shelton, WA
    Replied

    @Brian Plajer for starters you can compare it to a bank statement. Do several months. You can also use Estoppel Certs. 

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