The only reason is they adding separate metering or the costs went higher and they do not want to disclose that fact.Any hidden cost will lower the NOI and make the offer price worse so the sellers like to hide as much as possible.If they hide 10 things and you find 5 then they still have a shot at a higher price.Get the utility numbers from the companies to see by how much they have increased,stayed,flat or decreased over the years.If water usage is high look for leaks at the line going to the street and check the toilets and plumbing for problems.You would need to find out the historical numbers year by year for the property as well as turnover rate.Time lines for eviction in your area to get them out and re-rent.Is your rent under market,competitive, or high for the market for your property you want to buy??

Even my Cash Buyer Data Base draws a blank (non-disclosed.)Note market is hot, you can look in any State, you don't have to go see a note.

Just before signing my contract, however, the seller disclosed that there is an open permit on the home to make the property a legal two-family.

You do not need transactional funding, but you will need to disclose of the assignment, and both buyer and seller will see the amount that you are making as an assignment fee. 2) You use your state promulgated contract on the A-B & B-C - not having to disclose the assignment, and you use transactional funding to fund the first closing.

Yesterday, she finally disclosed to me the amounts she owed on the HML and to the builder for the foundation work he's done.

You don't have to disclose what you think repairs cost to your end buyer, but you have to have an idea what the repairs are needed cost to be able to make an offer on the house to sell to an end buyer... unless I'm missing something where wholesalers don't need to know repair costs.

I once bought a school from the county board in which there were no disclosed leases on the property only to find out later that they failed to disclose an internet company was leasing a small shed (probably 4' x 6') on the property.

Yesterday, she finally disclosed to me the amounts she owed on the HML and to the builder for the foundation work he's done.

U can really get into a jam down the line if u dont properly disclose.

So with NN and only 5 years left an 8.5 cap sounds about right depending on demo's and which pharmacy Walgreens, CVS, Rite Aid.Per the leases do they disclose sales?