General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Requesting Bank Statement from Multi-Family Property Seller
Hello everyone!
I’m currently trying to purchase my second multi family rental property. My first rental was a fully occupied triplex. One thing I did not vet in that purchase was if the tenants were actually paying.
So here’s my question: Is it good standard practice to ask the seller for their bank statement associated with the property that shows the rent payments being credited to their account in order to prove the property generates revenue?
Many thanks!!