Pro forma advice

[Art Pulphus]

Hello all,

Is it proper to ask a broker to see the pro forma on a property?  I'm trying to understand the numbers associated with multi families and want to use real world examples.  I see a property on Loopnet that shows only partial numbers.  Is it as simple as asking or is that sort of information only sent to only true prospective buyers?

Thanks,

Art

[Kenneth Hester]

Yhe owner or broker may not know how to really produce a proforma. I am often surprised atvhow little brokers know. Ask for rent rolls and 1 year P&L statements. Then take whatever you can get and try to figure out what the real NOI is.