top of page
Search

What to do before you buy rent roll

  • Writer: John Hanly
    John Hanly
  • Oct 12, 2023
  • 1 min read

Updated: Aug 27


Rent Roll Purchase Tips

Are You Ready for a Rent Roll Purchase?


Before looking at buying a rent roll make sure you are ready by considering these 5 tips.


  1. Contact us to discuss financing options and acquisition potential.

  2. Put your accountant and bookkeeper on notice. Have for financial statements in order - Last three financial years and the current year to date.

  3. Get your tax paid.

  4. If you already have a Rent Roll - Have your Rent Roll in order and your property management software up to date.

    If you already have a rent roll, have your rent roll in order and your property management software up to date.

  5. Contact us to do a “Health Check Report” on your rent roll to make sure all is in good order.


It’s not a great look as far as potential lenders are concerned if these things are not in order and up to date. Or, it takes you a month or two to get the information they request back. So be prepared.


We are happy to provide you with confidential free advice.


If you already have a Rent Roll we can also provide you with,

  • A detailed "Health Check Report" on your current rent roll,

  • Recommendations of things to be aware of,

  • An opinion of market value & preliminary advice in relation to your rent roll purchase capacity.


Contact us today for a strictly confidential, obligation free chat today to find out more.


 
 
 

Comments


bottom of page