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Updated over 3 years ago on . Most recent reply

Annual Operating Expenses
Hey all, I'm looking at a duplex property that was just put on the MLS. It's stating that the annual operating expenses are only $500.
This sounds unrealistic, correct?
If so, is it common for MLS figures regarding GOI, NOI to be inflated/manipulated? Or do they have to provide proof of those figures in order to list it on the MLS?