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Daniel Lloyd, Real Estate training (Issue Records)

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Rainmaker
1,126,523
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Cap rate:
IRV is the formula.

I = net operating income
R = cap rate
V = value

A $500,000 property with $50,000 net operating income would have a 10 cap or 10% yield

50000 ÷ 10% = 500000
500000 × 10% = 50000

Math problems are not difficult for me as a rule. Capital appreciation kind of kicked my ass though when I was taking Advanced Financial Analysis!
🧠🎓🤔💪

Mar 25, 2019 05:32 PM
Rainmaker
5,585,849
Barbara Todaro
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team

sale price x commission rate = my income

Mar 25, 2019 03:14 PM
Rainmaker
2,607,651
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

The formula to calculate my commission Daniel Lloyd 

Mar 25, 2019 02:02 PM
Rainmaker
1,556,170
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Price x commission

Price x down payment

 

Very rarely Pythagorean theorem or the quadratic equation.  As with life in general, nothing beyond 3rd grade arithmetic.

Mar 25, 2019 04:56 PM
Ambassador
2,403,805
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

The complexity of the math depends on the area of real estate one specializes in.  Those working with commercial and investment properties have much more complex math to work with than typical residential sales agnet who  works with square footage, cost per square foot, or lot sizes.

Mar 25, 2019 04:39 PM
Ambassador
3,338,665
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
Southern Utah's Preferred Real Estate Agent.

1.) Price per square foot is what I use most and net sheet

2.) There is no difficult math problem in real estate that I have encountered.

Mar 25, 2019 06:03 PM
Rainmaker
8,331,562
Roy Kelley
Retired - Gaithersburg, MD

No problems. Use a financial calculator.

Mar 25, 2019 05:00 PM
Rainmaker
1,345,117
Peter Mohylsky,
Property Management International-Destin - Inlet Beach, FL
Call me at 850-517-7098

figuring out my commission split

Mar 25, 2019 04:32 PM
Rainmaker
1,515,010
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

No advanced math needed for what I do.

Mar 25, 2019 03:48 PM
Rainmaker
5,480,078
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

1. I use no formulas. I use 3rd and 4th grade math; add, subtract, multiply and divide.

2. None of this is difficult for me. It's grade school math.

Mar 25, 2019 02:54 PM
Rainmaker
545,808
Joseph Domino 480-390-6011
Inactive - Scottsdale, AZ
The Art of Storytelling

Purchase Price X .03

Mar 25, 2019 02:12 PM
Ambassador
5,625,707
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Price per square foot, adjustments on CMAs, estimated taxes that will be owed at Closing - all simple addition, subtraction, multiplication, division that can easily be done either in my head or with the calculator on my phone - easy-peasy!

Mar 25, 2019 09:38 PM
Rainmaker
982,304
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Basic math is all that is needed in this business

 

Mar 25, 2019 05:17 PM
Rainmaker
1,663,250
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, CFSP
Big Block LPT Realty 858.232.8722 - La Jolla, CA
Coastal San Diego, Veteran's & Retirees Services
  1. Cap Rate
  2. The shrinking Commission %
Mar 25, 2019 04:45 PM
Rainmaker
973,202
Chuck Willman
Chuck Willman - Alpine, UT
NewHouseUtah.com

Everyone beat me to it- the commission.

I also tend to want to know cost per square foot.

Mar 25, 2019 03:38 PM
Rainmaker
2,901,323
Richard Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

43,560 is very important and comes up often and requires math

Mar 25, 2019 03:09 PM
Ambassador
6,855,347
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We use dozens of formulas for sampling and statistics.

Mar 25, 2019 02:51 PM
Rainmaker
469,625
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

I use CAP Rate the most. The most challenging to calculate is one I can't even remember the name of but it goes into not only including net income and price but depreciation of the property (taxes), projected rent increases/decreases, projected maintenance costs, loan performance, appreciation or depreciation of the market and some other points I can't remember - too much hocus pocus and guesstimation, estimation and complication in that one to be of much use to me.

Mar 26, 2019 07:21 AM
Rainmaker
5,774,223
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Daniel,

Nina Hollander has you covered.  A

Mar 25, 2019 03:22 PM
Rainmaker
5,646,252
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

So many to choose from. Depends on the situation and probably a bit to do with my mood at the time!

Mar 25, 2019 03:19 PM
Rainmaker
1,881,358
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Honestly none Daniel. The ones that you will use for the test will be just for that. I have a loan payment calculator on my phone, website, everywhere!

Nothing I ever have to do the long way.

Mar 26, 2019 05:35 AM
Rainmaker
5,246,714
Richard Weeks
Dallas, TX
REALTOR®, Broker

Sales price = $100,000

M commssion % = .o3

formult $100,000 * .03 = $3,000

Mar 26, 2019 03:31 AM
Rainmaker
1,300,258
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Barbara Todaro took the words right out of my mouth...lol

Mar 26, 2019 07:37 AM
Rainmaker
3,417,775
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The most used math is acres to square feet or square feet to acres

Mar 26, 2019 05:58 AM
Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

ROI and the most difficult is what autocalulating spreadsheet do I use.

Mar 26, 2019 05:40 AM
Rainmaker
790,953
Peter Testa
Kiwi Homes - Danbury, CT
PETER TESTA

Decimals & Percentages. I have no difficulty with the Math I need to use.  

Mar 26, 2019 05:14 AM
Rainmaker
1,598,552
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

You got great answers. 

Jul 06, 2019 12:56 PM
Rainmaker
2,235,596
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Candice A. Donofrio has your answer.

May 22, 2019 12:41 PM
Rainer
178,060
Dr. Karen Lewis, Broker 954-2489149
Align Right Realty K1 Group - Fort Lauderdale, FL
No Compromise When it Comes to Our Clients!

My formula is the same as Barbara Todaro 

Mar 27, 2019 04:18 AM
Ambassador
3,469,135
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I wish you all the best with your real estate studies.

Mar 26, 2019 11:59 AM
Rainer
405,987
Libby Cousins
Extraordinary Processing - Spokane, WA
Contract Mortgage Processor, licensed in WA

Basic math here too. The 10 key helps speed it up!

Mar 26, 2019 09:09 AM
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