McNellis: Lies, Damn Lies and the IRR

September 1, 2011 By John McNellis Outright fraud in sales packages is about as rare as total amnesia. However negligently prepared offerings may be, they seldom contain jaw-dropping lies. If one says a property’s current gross income is $1 million, it usually is. And simple offerings—say a flyer pasted together by a residential broker selling […]