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Updated over 4 years ago on . Most recent reply
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Profit and Loss statement
Is it reasonable for me to request the P&L from a realtor representing a MF property? If they do not have it or are hesitant to provide it, is that typical?
Asking for myself.
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Sure, its part of your due diligence. If they want to sell, they should be open with their records (P&L, Rent Rolls, Copies of Leases, etc) for past two years at least or however long they've owned it if less time. But they'll typically require a POFs first.