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Updated almost 5 years ago on . Most recent reply

What basic math needed for real estate investing ?
I mean what type of math .
Most Popular Reply

Hi Abhay,
Learn excel, addition, subtraction, multiplication, division, percentages, and you should be pretty well set.
Lean to balance your checkbooks, and get with a CPA for tax advice and preparation.
The key isn't knowing math. A third grader knows math. The key is knowing WHAT to math, and knowing how to make intelligent decisions on it. Decisions that balance your risk tolerance against possible profits (or losses).
The math is a grain of sand on the beach.
If you are not good at record keeping use a book keeper in addition to a CPA.
And this video outlines something very important to know also: https://www.youtube.com/watch?v=7hx4gdlfamo
A lot of people may get burned by this virus situation because they don't understand the concepts in this video.
Good Luck!