The 10 Most Common Real Estate Math Formulas You Need to Know | Just Call Maggie скачать в хорошем качестве

The 10 Most Common Real Estate Math Formulas You Need to Know | Just Call Maggie

The 10 most common real estate math formulas you need to know. Hey there, future real estate pros! 🏡 Ready to crush your real estate exam? Join Maggie Relloso, your trusty math guide, as she breaks down the top 10 must-know formulas that will make those math questions a breeze. In this video, Maggie simplifies complex real estate math into easy-to-follow steps. From commissions to cap rates, down payments to property taxes, she's got you covered. Plus, she throws in some tips and tricks to boost your math skills along the way. Formula 1: Commissions (1:03) Commission = sales price x commission rate Formula 2: Capitalization Rate (1:50) Capitalization rate = net operating income divided by the market value times 100 Formula 3: LTV Ratio (2:45) Loan amount/Market Value x 100 = LTV Ratio Formula 4: Down Payment Percentage (3:41) Down payment amount/Sales price x 100 = down payment percentage Formula 5: Property Taxes (4:40) Assessed value of property x tax rate = annual property tax Formula 6: Price per Square Foot (5:19) Property price/Total square footage = Price per Square Foot Formula 7: Loan Constant (5:48) Debt service (monthly payment)/loan amount = loan constant Formula 8: Gross Rent Multiplier (GRM) (6:20) Property price/annual rental income = GRM Formula 9: Area (7:00) Area of a rectangle or square = base x height Area of a triangle = base x height/2 Formula 10: Proration (7:51) Annual tax amount/days in a year (360/365) = price per day Don't let those equations intimidate you any longer. Hit that subscribe button, give us a thumbs up if you found this video helpful, and get ready to ace your real estate exam with Maggie by your side! Subscribe to @JustCallMaggie more real estate insights, and remember, math doesn't have to be your enemy. Stay tuned, keep crunching those numbers, and happy studying! 📚💼🎓 Click here for more information on our e-workbook, "Math Skills for Real Estate Success": https://justcallmaggie.com/product/ma... Sign up and get your Florida Real Estate license with Maggie's Real Estate Academy here: https://justcallmaggie.com/salesassoc... Thanks for passing by! If you like this video, please give it a thumbs up 👍 and if you want to hear more videos from our channel, SUBSCRIBE 🔥 and make sure to turn on the bell icon (🔔). 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it's quite helpful!) 💬 Leave a comment below to let us know what you think! 🔗 Share the video with anyone you think might help ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🎬 SUGGESTED VIDEOS ▶️ Mastering Discount Points, Loan Origination & Lender’s Yield! | Real Estate Math Practice Questions    • Mastering Discount Points, Loan Originatio...   ▶️ Real Estate Contracts: 5 Essential Elements for Exam Success! 🏡📚    • Real Estate Contracts: 5 Essential Element...   ▶️ Real Estate Math: Proration Calculations    • Real Estate Math: Proration Calculations |...   ▶️ Real Estate Contracts 101 | The Ultimate 25-Question Challenge to Test Your Knowledge!    • Real Estate Contracts 101 | 25 Exam Questi...   ▶️ Real Estate Math: Mastering Amortization Problems on Your Exam Using the PIP Sandwich    • Real Estate Math: Mastering Amortization P...   🌐 LET'S CONNECT 🔹 Website: https://justcallmaggie.com/ 🔹 Facebook:   / justcallmaggie   🔹 Instagram:   / justcallmaggie   🔹 TikTok:   / justcallmaggie   🔹 Pinterest:   / justcallmaggie   👇🏻 Don't Forget To SUBSCRIBE 🔥    / @justcallmaggie   #RealEstateMath #RealEstate #JustCallMaggie