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Updated over 4 years ago on . Most recent reply

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184
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Evan Parker
  • Investor
  • Atlanta, GA
204
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184
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Profit and Loss statement

Evan Parker
  • Investor
  • Atlanta, GA
Posted

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. 

Most Popular Reply

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1,142
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Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
1,140
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1,142
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Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
Replied

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.

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