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Updated about 5 years ago,
Verfiying Rental Income on Prospective Rental Property
Hello BiggerPockets Community!
How would I go about verifying the gross rental income that the seller's agent is claiming a property generates? Is it common practice for the purchaser to request proof of rental income from the seller? If so, what is considered to be valid proof of rental income? A copy of the fully executed lease(s) or bank statements highlighting the rental income or rent receipts or something else?
Thanks in advance BiggerPockets Community!