David Saks is a musician, retired real estate broker, and long-time ActiveRain member.
David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet.
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ARCHIVED BLOG POSTS
2008
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If an apartment building, which cost $2,100,000, has an income of $14,000 per month, what is the annual rate of return on the building's investment ? The answer is below the wildlife photo. Please take your time. A. .08 or 8% Multiply the monthl...
11/23/2008
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If an apartment building, which cost $2,100,000, has an income of $14,000 per month, what is the annual rate of return on the building's investment ? The answer is below the wildlife photo. Please take your time. A. .08 or 8% Multiply the monthl...
11/22/2008
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A homes value, due to depreciation, was estimated to be $765,000 at the end of six years. If the annual rate of depreciation was 2.5% what was the original cost of the home ? The answers are posted below the wildlife photo (royalty free). Please ...
11/15/2008
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An investor purchased a commercial building for $1,200,000. The gross income form the building was $230,000 the first year. The expenses for the building were $110,000. What is the rate of return the investor receives ? Please take your ti...
11/15/2008
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The owner of a multi-family dwelling unit reveives $48,000 a year net income from his investment of $600,000. What is the percentage of the return that he receives on his investment ? The answer is below the wildlife photo. Please take you...
11/15/2008
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Mr. Schmalz is going to exchange his home for a farm in Missouri owned by Mr. Lubinsky. Mr. Schmalz agrees to allow Mr. Lubinsky, the owner of the 240 acre farm, $600 an acre against the cost of Mr. Schmalz's home, which is listed for $235,000....
11/15/2008
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The Marbelz's decided to build a house 33' 6" x 45' 6" which also includes an offset for the family room which is an additional 5'x15'. If the cost to construct the house is $128.50 per square foot, how much would it cost to build the house...
11/15/2008
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We know that there are 1600 square feet in a house, and that the garage is 20 feet by 30 feet. The cost of building the house is $110 per square foot. The cost of building the garage is $40 per square foot. The 50 foot lot on which the house is...
11/15/2008
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A lot measuring 90 feet wide by 120 feet deep sold for $80,000. A. What was the price per front foot ? B. What was the price per square foot ? Answers posted below the wildlife photos. Please take your time. A. $888.89 B. $7.41 Let's firs...
11/15/2008
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Mr. Sezimeche leases a storefront to Mr. Dewertsby with a percentage lease. The lease calls for a monthly rental of $3000 and 5% on the gross yearly business over 800,000 dollars. How much rent would Mr. Sezimeche receive yearly from Mr. Dewerts...
11/15/2008