4,739,220
Basic fourth grade math should be quite sufficient for most tasks. As I have responded(repeatedly) my copy of Jethro Bodine's Math for Dummies book with answer guide has come in quite handy. By the way, no offense to dummies or to Utah School of Real Estate students.
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Anthony Acosta - ALLAT...
Atlanta, GA
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Doug Dawes
Topsfield, MA
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Kat Palmiotti
Kalispell, MT
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Bob "RealMan" Timm
Minot, ND
2,325,032
The only math I used consistently besides calculating commissions was Square footage/acreage of a lot or piece of property.
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Anthony Acosta - ALLAT...
Atlanta, GA
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Kathleen Daniels, Prob...
San Jose, CA
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Doug Dawes
Topsfield, MA
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Frank Rubi
Metairie, LA
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Michael Jacobs
Pasadena, CA
1,259,568
The commission formula...lol
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Anthony Acosta - ALLAT...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Doug Dawes
Topsfield, MA
3,267,199
+ - % = ÷ x
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Anthony Acosta - ALLAT...
Atlanta, GA
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Michael Jacobs
Pasadena, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Doug Dawes
Topsfield, MA
1,619,811
CAP Rate Formula
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Anthony Acosta - ALLAT...
Atlanta, GA
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Doug Dawes
Topsfield, MA
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Michael Jacobs
Pasadena, CA
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Thomas J. Nelson, REAL...
La Jolla, CA
3,430,532
Basic Math.
I wish you all the best with your real estate studies.
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Michael Jacobs
Pasadena, CA
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Anthony Acosta - ALLAT...
Atlanta, GA
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Kathleen Daniels, Prob...
San Jose, CA
2,522,423
Work = pay
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Anthony Acosta - ALLAT...
Atlanta, GA
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Doug Dawes
Topsfield, MA
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Michael Jacobs
Pasadena, CA
2,575,956
Total commission less: percent that goes to my company less: percent that goes to anyone who referred the client less: percent that goes to expenses less: percent that goes to taxes = net income.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
610,034
I don't do lending numbers. I leave that to lenders. I verify the CD numbers with the contract and MLS.
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Doug Dawes
Topsfield, MA
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Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
8,153,271
Just be sure to have a good financial calculator for all of your needs.
Compare your estimated monthly payments and cash requirements with the actual figures at settlement to test your accuracy.
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Michael Jacobs
Pasadena, CA
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Doug Dawes
Topsfield, MA
1,262,552
mortgage payment. I do it in my head.
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Michael Jacobs
Pasadena, CA
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Doug Dawes
Topsfield, MA
2,849,068
Knowing lot square footage, garage and house and that 43,560 feet is an acre
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Michael Jacobs
Pasadena, CA
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Doug Dawes
Topsfield, MA
2,230,207
3,935,387
Figuring out the seller's bottom line number.
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Michael Jacobs
Pasadena, CA
2,249,554
5,168,027
414,579
multiplication. sales price times commission = life
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Michael Jacobs
Pasadena, CA
5,774,100