Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

117
Posts
16
Votes
Juan Alvarez
  • Fort Worth, TX
16
Votes |
117
Posts

Questions to ask sellers agent?

Juan Alvarez
  • Fort Worth, TX
Posted

I’m planing on making an offer on a duplex tomorrow. I did not schedule a tour due to the fast market in the dfw- but I do plan on driving around the community to get a feel for it (potential house hack). If it were to go under contract what are some questions we should be asking the seller’s agent as we await inspection results? Anything could help further negotiations, right?

We thought about asking for:

Records on reroofs or roof repairs

Repairs done, such as a repair schedule (including but not limited to sewer, water, electrical, foundation, pest/tenting etc)

When appliances were last replaced in each unit.

Name and contact info on contractors, painters used on the property

Utilities current tenant pays (trash, gardener, sewer, etc)

Copy of current and previous leases of both units. When was rent last increased? Month to month lease? Any pets?

Tenant history. Anything we should know about current tenant. Current on rent payments? Rent payment history? Any late payments? If so when? Any complaints on or from tenant?

How is rent currently paid? Mail, cozy, Venmo?

Should this be asked before an offer is submitted?

Most Popular Reply

User Stats

1,068
Posts
1,079
Votes
Bryan Noth
  • Realtor
  • Austin, TX
1,079
Votes |
1,068
Posts
Bryan Noth
  • Realtor
  • Austin, TX
Replied

@Juan Alvarez some of those are good and I would agree with, some are quite detailed and may not provide as much valuable insight, I ask for:  

  • Are there any known defects with the property or issues requiring repair?
  • Copies of leases (should tell you what bills the tenants pay)
  • Rent roll, and if not available are tenants current on rent?
  • Any recent repairs or major Capex item replacements?
  • Known age of Capex items (roof, AC, water heater, appliances)
  • Do the appliances convey with the sale?

Loading replies...