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Updated over 3 years ago,

Anand S.'s profile image
Anand S.'s profile image
Anand S.
  • from Plantation, FL
  • Member since Nov 25, 2009
Connect

User Stats

329
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119
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Anand S.'s profile image
Anand S.'s profile image
Anand S.
  • from Plantation, FL
  • Member since Nov 25, 2009
Connect
Anand S.
  • Plantation, FL
119
Votes |
329
Posts
Short-Term & Vacation Rental Discussions

When to Open the Books

Anand S.
  • Plantation, FL
Posted

Hi, I have a couple of my STR properties listed for sale. A buyer is interested and is asking to see the books (income/expenses). At what point is it customary to share this? I want to at least see a POF letter. I'd ideally like to see a contract with an income contingency that is provable, e.g., I'll buy your home for $2.5MM with the contingency that you can prove it makes $30K/month.

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