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Updated about 5 years ago,

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15
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2
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Omer Sultan
  • New York, NY
2
Votes |
15
Posts

Verfiying Rental Income on Prospective Rental Property

Omer Sultan
  • New York, NY
Posted

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!

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