Real Estate Math Simplified
eBook - ePub

Real Estate Math Simplified

Master Essential Formulas and Calculations for the Real Estate Exam

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Real Estate Math Simplified

Master Essential Formulas and Calculations for the Real Estate Exam

About this book

                          Real Estate Math Simplified

Conquer real estate math with confidence using "Real Estate Math Simplified," the ultimate guide for mastering essential calculations and formulas. This comprehensive book breaks down complex mathematical concepts into easy-to-understand explanations, practical examples, and step-by-step problem-solving. Ideal for aspiring and experienced real estate professionals, this resource covers crucial topics like property valuation, mortgage financing, commissions, closing costs, investment analysis, and tax prorations.

"Real Estate Math Simplified" equips readers with the tools and knowledge needed to excel on real estate licensing exams and tackle daily challenges in the industry. With chapters dedicated to key areas of real estate math, this book provides a solid foundation for success. Clear explanations, real-world examples, and hundreds of practice questions with detailed solutions demystify even the most challenging concepts, empowering readers to analyze property values, estimate closing costs, calculate commissions and prorations, assess investment potential, and make informed, data-driven decisions.

Develop the skills and confidence to provide exceptional value to clients, close deals seamlessly, and build a thriving real estate career. "Real Estate Math Simplified" goes beyond the basics, offering a roadmap to success in the dynamic world of real estate. By mastering the mathematical principles outlined in this book, readers can unlock their full potential and stand out in a competitive industry.

Invest in your future and elevate your real estate career with "Real Estate Math Simplified" Order your copy today and take the first step towards conquering real estate math with confidence and precision.

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Yes, you can access Real Estate Math Simplified by Quinlan Stephen Duncan in PDF and/or ePUB format, as well as other popular books in Business & Business Mathematics. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Real Estate Math Simplified
  2. Table of Contents
  3. Preface
  4. Quinlan Stephen Duncan
  5. Introduction
  6. Chapter 1: Basic Math Concepts
  7. Arithmetic: The Building Blocks of Math
  8. Fractions and Decimals: Working with Parts of a Whole
  9. Percentages: Expressing Parts of a Whole
  10. Order of Operations: PEMDAS
  11. Solving Equations: Finding Unknown Values
  12. Chapter 2: Property Measurements and Area Calculations
  13. Units of Measurement: Square Feet and Acres
  14. Calculating the Area of Rectangular Properties
  15. Calculating the Area of Triangular Properties
  16. Calculating the Area of Irregular Shaped Properties
  17. Calculating Livable and Rentable Square Footage
  18. Practice Problems and Solutions
  19. Chapter 3: Property Valuation
  20. Assessing Property Value Using Comparable Sales
  21. Calculating Price Per Square Foot
  22. Calculating Gross Rent Multiplier
  23. Capitalization Rate
  24. Practice Problems and Solutions
  25. Chapter 4: Mortgage Calculations
  26. Principal, Interest, Taxes, and Insurance (PITI)
  27. Loan-to-Value Ratio (LTV)
  28. Debt-to-Income Ratio (DTI)
  29. Amortization Schedules
  30. Calculating Monthly Mortgage Payments
  31. Practice Problems and Solutions
  32. Chapter 5: Property Tax Calculations
  33. Assessed Value vs Market Value
  34. Calculating Property Taxes Based on Millage Rate
  35. Property Tax Exemptions and Abatements
  36. Practice Problems and Solutions
  37. Chapter 6: Commission and Transaction Costs
  38. Calculating Real Estate Commissions
  39. Prorations for Property Taxes, HOA Dues, and Other Fees
  40. Estimating Closing Costs
  41. Practice Problems and Solutions
  42. Chapter 7: Investment Analysis
  43. Cash Flow Analysis
  44. Return on Investment (ROI)
  45. Internal Rate of Return (IRR)
  46. Net Present Value (NPV)
  47. Practice Problems and Solutions
  48. Chapter 8: Practice Exam Questions
  49. Practice Test 1
  50. Answers and Explanations 1
  51. Practice Test 2
  52. Answers and Explanations 2
  53. Practice Test 3
  54. Answers and Explanations 3
  55. References