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Updated 9 months ago on . Most recent reply
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Book questions: Real Estate by the Numbers - Dave Meyer, J Scott
Hello,
I just purchased the new book by Dave Meyer and J Scott; “Real Estate by the Numbers”. So far it is a great book!
I am trying to figure out how J and Dave got to $65,000 in the following section (I am reading the eBook version so page numbers won't correspond with the physical book): Towards the end of Chapter 2; "Finally, notice that the owner equity in this business totals about $65,000; because John is sole owner of the business, that $65,000 is the value that John transfers to his PFS and can claim as his ownership value in the company.”
Everything up to this point was clearly explained on how they got to the number, except this $65,000. Can someone please provide some clarity?
Thank you very much for your help!
Cheers,
Henry
Most Popular Reply
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- Head of Real Estate Investing at BiggerPockets
- Seattle, WA
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Hey Asher -- yes this has been pointed out to us. We apologize for the mistake -- this was missed in the editing process. The table in the book does not match the text. We're working on updating it for the next printing, and we'll get a PDF copy out to those of you who already have the book. Sorry about that! We hope to have an updated PDF in the coming days.