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Updated over 3 years ago on . Most recent reply

How do you verify rent roll?
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
Most Popular Reply

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