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Ryan Berg
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Legal Advice / Services Needed

Ryan Berg
Posted

All - I'm looking at acquiring my first STR in MI. The current owner is providing facts/figures etc on the subject property. My question is how do I protect myself from the seller making false claims? My thought was to put all the Q&A in a doc and then have them attest to it perhaps? Any advice or if you can help with this please DM me.

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Chris Seveney
  • Investor
  • VA
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Chris Seveney
  • Investor
  • VA
ModeratorReplied

Even getting them to put it in writing you would still need to sue. Who is managing the property ? if it's them Ask for a T-12 on the property and bank statements showing income and expenses. 
if it is third party managed, then request to speak to the property manager and ask the same questions 

  • Chris Seveney
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