3,405,970
Oh my gosh ... Barbara Todaro - my thoughts exactly. Well, not exactly exactly ... mine was you have got to be {blanking} kidding me. Close enough.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Barbara Todaro
Franklin, MA
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
5,584,078
you're kidding, right?????
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Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Tony and Suzanne Marri...
Scottsdale, AZ
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
1,045,915
Is this a serious question from someone in this business?
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Cindy Stallworth
Alma, WI
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John Duke
Burlington, NC
5,211,328
I'm stunned..I think Barbara Todaro commented my thoughts!
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Barbara Todaro
Franklin, MA
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
1,535
Honestly, there is a course in Utah that has all of these questions as questions we are supposed to ask.(most of them are bad questions) I myself have never reached out to a "proffessional" for this exact reason. We will have literally just spent a day learning about this and be given ridiculous regurgated questions, that yes, are dumb, but is it really necessary for everyone to rip this girl apart for doing an assignment?
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Jadden Cranney
Cedar City, UT
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Lateesha Record
Kearns, UT
5,755
On Her defense, I think she is or was doing the same online course.
There is a section called: " Ask a professional ". For some reason, unknown by me, tells you to come to active rain and ask this kind of questions to you guys. And maybe she is doing it like me: online, virtual, without a professor, without a mentor, just with Google helps and yours. Maybe, I don't know.
I certainly apologize if we bother you with this kind of questions, but in my case, I got to bed at midnight and wakes up 4 am to do my online course until 9 am and then take care of business. It will be impossible for me finish this without some help. I don't have too many neurons and most of them are fried 4 am. Anyways, I just wanna thanks all of you cuz I've seen most of you in some blogs or giving some answers and sharing things really important for me, even though they look really simple for you.
Thanks again.
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Jadden Cranney
Cedar City, UT
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Lateesha Record
Kearns, UT
3,416,322
Working many investment opportunities and multy family homes, this is the most basic checks if a property is worth buying. Simple math adding rents, adding expenses and seeing which is more. Too many expenses means stay away or get it a much better price. Too much profit means it is already sold while one is still calculating profit
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Jess Pealer
Salt Lake City, UT
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Ty Allen
Murray, UT
2,239,490
To determine if it is a sound investment
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RAFAEL ZARATE
Saratoga Springs, UT
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Michael J. Perry
Lancaster, PA
809,308
I'm actually curious where you are getting these questions Abby? And it might help us to be willing to continue to answer if you interacted back with us as well. Many of your questions are much larger questions than just this forum could allow an appropriate answer for. Some I have no idea what you are even talking about and I have been licensed for 13 years, am a designated broker and feel like I'm pretty well versed in our industry. -Kasey
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Inna Ivchenko
Encino, CA
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Nina Hollander, Broker
Charlotte, NC
5,426,403
Like the others, I agree with Barbara Todaro!
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Barbara Todaro
Franklin, MA
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Nina Hollander, Broker
Charlotte, NC
3,988,138
That is a entire real estate course.
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Nina Hollander, Broker
Charlotte, NC
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Debe Maxwell, CRS
Charlotte, NC
5,137,424
Barbara Todaro took the words right outa my mouth!
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Barbara Todaro
Franklin, MA
3,986,423
I would ask your instructor to write it on the board for you
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Nina Hollander, Broker
Charlotte, NC
2,699,066
By an HP-12C financial calculator, learn how to use it.
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Debe Maxwell, CRS
Charlotte, NC
1,713,576
Abby, I am really getting tired on many of your questions. You obliviously don't know about IRR, ConC, Cap rate, DCR, or GRM. Try passing your real estate test and then work on continuing education.
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Nina Hollander, Broker
Charlotte, NC
6,617,246
Which P&L formula are you talking about, and isnt the answer obvious beyond that?
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Debe Maxwell, CRS
Charlotte, NC
408,854
I am afraid I don't know how to answer this question as I am a stager best of luck
1,643,007
How many questions you have, my dear and when you are going to finally graduate? We need agents like you!
1,529,854
1,618,024
1,466,257
abby tiscareno I am not aware of a Profit and Loss formula. The P&L statement with proper adjustments is used to provide expenses, etc. to determine the NOI on a property which in turn is used in the formula to determine value.
Value = NOI/CAP Rate
5,418,789
602,025
3,073,909
8,077,157
4,800,282
5,246,705
No idea... not an appraiser. Ask an appraiser. And once you've done that, why not write a post about it? You'll learn so much more. (And by the way, this question has been asked and answered numerous time in AR. Check out previous responses.)
1,600,181
I use cash on cash and to some extent CAP rate, but P&L comes from the CAP rate analysis too. The numbers don't lie; it either cash-flows or doesn't.
4,321,670
1,157,841
What is the "Profit and Loss formula"? I have never seen that terminology.
5,773,924