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5 August 2024 | 12 replies
And I taught math forever in secondary and post secondary settings so I know the number side of things too.
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6 August 2024 | 54 replies
And we know there is NOT rampant "bloat" in rent prices because if there were, it's also simple math that landlords would be rushing to create additional units to capitalize in that "pay day" right, because it's "bloated" rents, meaning over sized profit margins, which to be true would mean it's "cheap" to create new units vs the over sized profits it's producing.......
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8 August 2024 | 46 replies
Than it's just doing the math of things.
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9 August 2024 | 184 replies
Seller's agents will just need to do a little extra math.* Sellers who refuse to consider paying the buyer's agent commission will have difficulty selling* We will see discount agents / brokerages like we have seen for the last few decades and they still will never gain any significant market share* I am not sure if we will see agents move to a hourly rate of pay, if so I think we won't see that for a few years.
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7 August 2024 | 32 replies
All math and books aside (I love math & books) REI is about the furthest thing from a W2 job.
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4 August 2024 | 1 reply
Our strategy is to buy land cash, take construction loan to build the structures.Some napkin math for this strategy:Land cost : $200,000Building and furnishing Cost: $400,000 for each A-frame (Provided we have electricity, well ready )Airdna revenue estimate shows $400 night rate with 70% occupancy.
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4 August 2024 | 5 replies
So, if my math is correct, that would be $3,454 payment a month.
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5 August 2024 | 13 replies
Quote from @Ryan Dunner: It's very simple math.
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6 August 2024 | 17 replies
Do the math, if you pay for example, 200k, and the reno is only 50k.
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6 August 2024 | 49 replies
Doing the math, if a seasoned fix and flipper had a well-oiled efficient process and was able to consistently hit $50k per house (after costs and overhead required to go at that pace), he/she would have to do 34 flips in 21 months to make what we made on one deal.