Property Q&A in Temple Crest>Question Details

Rob, Both Buyer and Seller in Tampa, FL

Where are the details?

Asked by Rob, Tampa, FL Sun Feb 10, 2013

If this property is a great money maker, I'd like to see some evidence to back up that claim.

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3
Dan Riley’s answer
Rob, what you are asking to see is the rental roll and financials pertaining to this property as a small commercial investment. This is possible, but, not in this forum. It would be best to connect with an agent that can work on your behalf to obtain this information. Then you can "vet" the property based upon your own needs and desired cap rate.

Best regards,

Lynn Brock
Brock Realty Inc.
941.313.1234
http://www.brockrealty-inc.com
0 votes Thank Flag Link Thu Feb 14, 2013
BEST ANSWER
Rob,

This home has 2 units in one building that are rented out. They have an Annual Net Income of $19,000.00 per MLS data. Of course if you are interested in purchasing this property I would suggest asking the seller to prove the collected rents for the last year. If you would like the address of this home please feel free to email me at THOYT@prutropical.com or message me through my profile on Trulia.

The home has been listed active for only 2 days so if it is a great deal it will be gone fast. The listed price is $135k. The MLS data is a little confusing on the size of each unit but it does state there are 2 seperate units.

If I can help with other real estate questions, please don't hesitate to ask. No pressure, just help.

Respectfully,
Tracy Hoyt
Realtor
Prudential Tropical Realty
1 vote Thank Flag Link Sun Feb 10, 2013
Typically a confidentiality agreement and a letter of intent will allow buyer's to review the books on properties.
0 votes Thank Flag Link Sun Feb 10, 2013
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