Maggie, I’m about to take my state exam and I gotta tell you, I’m so happy I found you two weeks before it. Your classes are so clean, so explanatory, easy to understand and visualize because you use graphs, pictures, animations, etc. math problems are so easy to understand also. Thank you so much I follow prep agent and the wizard as well but you make easier to follow, specially on math problems.👏👏👏👏👏 keep up the good work…I’ll keep following you even after I pass the Illinois estate exam because I’m taking the Florida exam as well.😉😉
@@delerielee6803 Thank you. It just has a small amount of appraisal information in it, like the three approaches to value and how to adjust when using the comparable sales method.
Hi Maggie thanks for all your help! Question, for the Cost Method why did you use your preferred formula over effective age divided by total economic life multiplied by reproduction cost?
This would be the only video regarding approaches to value that I have. Just know the cost approach is used for new construction, libraries, hospitals, govt buildings, etc. basically real estate that does not transfer ownership often. Hope that helps.
Hi, thank you for your content! Beyond helpful. Question on the formula for Cost Depreciation approach? The formula states Effective age divided by total economic life time reproductive cost. Your math indicated the cost divided by total economic life times reproduction cost? I did the formula as recommened and came to the same result 36,000. I realize math can be done in a reverse manor, and I tend to do math at times in a reverse manor lol, but Im trying really hard to understand the steps as opposed to memorizing. Do you recommend the effective age divided by total economic life or your example the estimate cost divided by total economic life? Is one approach easier to remember? Thanks again!
Your videos are great. They are really helping me practice for my upcoming exams. I'd like to suggest to please don't use a moving background image behind the card though. It is hard to watch because it causes dizziness.
I love the fact that you take a complicated subject and simplify it in plain understandable English!
@@mikekaram4580 nicest comment ever!! Thank you so much. Best of luck to you! 🤓🫶
Maggie, I’m about to take my state exam and I gotta tell you, I’m so happy I found you two weeks before it. Your classes are so clean, so explanatory, easy to understand and visualize because you use graphs, pictures, animations, etc. math problems are so easy to understand also. Thank you so much
I follow prep agent and the wizard as well but you make easier to follow, specially on math problems.👏👏👏👏👏 keep up the good work…I’ll keep following you even after I pass the Illinois estate exam because I’m taking the Florida exam as well.😉😉
Wow! Thank you so much. That means a lot to me. I appreciate you!! Best of luck to you on your real estate journey. I’m here for you! 🤓🫶
Hi Maggie! Great information. Does your ebook include information for real estate appraisals as well?
@@delerielee6803 Thank you. It just has a small amount of appraisal information in it, like the three approaches to value and how to adjust when using the comparable sales method.
Hi Maggie thanks for all your help! Question, for the Cost Method why did you use your preferred formula over effective age divided by total economic life multiplied by reproduction cost?
This is amazing. So informative
Thank you. 😊
For more real estate math practice, check out our video all about the T-Chart here -> ruclips.net/video/RHJdrXGKVYs/видео.html
So glad I came across your videos. Thank you
Me too! Glad to have you. Thank you for your kind words. Best of luck to you. 🤓🫶
Glad I came across your videos. Have been much help! Do you have anything on cost approach examples? Like finding property values?
This would be the only video regarding approaches to value that I have. Just know the cost approach is used for new construction, libraries, hospitals, govt buildings, etc. basically real estate that does not transfer ownership often. Hope that helps.
Congratulations for your blog saucerful.
@@MarySerrano-x8t Thank you
Hi, thank you for your content! Beyond helpful. Question on the formula for Cost Depreciation approach? The formula states Effective age divided by total economic life time reproductive cost. Your math indicated the cost divided by total economic life times reproduction cost? I did the formula as recommened and came to the same result 36,000. I realize math can be done in a reverse manor, and I tend to do math at times in a reverse manor lol, but Im trying really hard to understand the steps as opposed to memorizing. Do you recommend the effective age divided by total economic life or your example the estimate cost divided by total economic life? Is one approach easier to remember? Thanks again!
Yes. I feel the formula doesn’t work for my brain and the way I did it is how it makes more sense to me.
Your videos are great. They are really helping me practice for my upcoming exams. I'd like to suggest to please don't use a moving background image behind the card though. It is hard to watch because it causes dizziness.
Thank you. Your feedback has been noted.
Can’t wait for today’s lesson
It’s up and ready to view! Thank you for your support 🤓🫶
Gracias Maggie
De nada! El placer es mío 🤓🫶