Updated over 16 years ago on . Most recent reply
What documents to ask for analysis
Hi,
I am in the process of analyzing a potentail investment of 4 unit rental. The place seems to be decent. The rental income and expense seems to be favorable. Howevever I am not sure whether the figures are correct. To ensure that what the seller is saying is real can I ask for last two years Schedule E that the owner is supposed to file to IRS
Also should I ask for other documents to get more information like vacancy etc. for my analysis to see if the investment will result in positive cash flow. I appreciate any advise on this matter.
Regards
J