By Trace Trajano
Unlike most people I love math. I am an engineer by training so I am used to "Big Math"...you know the kind of math that involves too many Greek symbols. However, in real estate investing all you need to know is small math - addition, multiplication and subtraction. This is the math that your third grade teacher wants you to master. If you can do third grade math or small math you can make BIG profits in real estate.
In my book, "Think Rich - Quick" - which you can order through this blog (http://tracetrajano.blogspot.com), I revealed my formula for making the right offers on a property. This formula works in any market - whether the market is HOT or cold and it works in any country. No other formula for making offers works as universally and it uses "small math". It works whether you're trying to rehab a deal or you're trying to wholesale it.
Here's the formula:
MAO = CF x ARV - Repairs - Profit
Top 10 Strategies EbookTo find out how one of my students in Michigan made $7,000 and another student based in the Philippines made P800,000 using this formula, go to http://tracetrajano.blogspot.com
dedicated to your success,
Trace
No comments:
Post a Comment