Don Konipol
Tax Return falsification scam
So I just came across this fraud. Had a loan applicant who owned a motel. Received loan package including last years tax return. Asked for the 2 prior years tax returns, was like pulling teeth. When I finally got ...
Jon Homes
Annualized Total Return Calc
Hello,I am just looking at the rental calculator and verifying the numbers, but I can't figure out how to calculate Annualized Total Return. The BP calc has it going down every year, but all my calculations are going ...
Joe Munoz
Miami/Broward Area Returns
Looking to invest in buy and hold rental property. Currently involved in a syndication deal but ready to do my own. Ideally duplex - fourplex but It seems much of those properties are older buildings and the i haven't...
Jim Tassoni
Returning Earnest Money Deposit
Hello,I recently cancelled a purchase contract we had in place on a mobile home park due to some environmental issues we found during the due diligence phase. Our contract clearly stated that the escrow agent was to ...
Ric Mittleider
Rental Property Return Rate
As a general Discussion, What do you consider to be a realistic expectation for Cap Rate in the area? Or if you use a different ROI calculation what is it and what rate do you expect to get? I see a lot of 6-7% out ...
Hui Li
Cash-on-Cash Return
What is minimum COC return for a decision making?Condo: Purchase Price: 190K 25% down+Closing= 52KMortgate: 700*12=8400Expense: 600*12=7200Rental Income=1600*12=19200NOI=3600COC=3,600/52,000=6.92%Is this a good buy? ...
Rich Weese
math question on return
I'm normally good with #'s, but don't know how to calculate this one. Help an old fart out, college grads...
I have a subdivision where I've built a few homes in SO TX. I was approached by an individual that bought a...
Martin Zawarski
Returning a Security Deposit
Recently a tenant moved out of my most expensive rental---a 4 bed, 3.5 bath, fully fitted out basement with 9' ceiling that is a walk out, 5 year old "Builders Model Home" which is now a rental for me at $2,500 a m...
Matthew Campbell
High Return Real Estate
About 2 years ago, a friend here in the Seattle area contacted me through a financial investment group. He told me about High Return Real Estate company. It was supposedly an all inclusive real estate sales of renta...
Ben Winchester
Realistic Returns.. Real numbers
Hey BP peeps,
I have an extremely broad question because I'm looking for some broad-ish answers.
I want to know some realistic returns some of you aim for and get. Im talking after expense goals, before expense goa...