Real Estate Math: Mastering Amortization Problems On Your Exam Using The PIP Sandwich

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🏠 Are you an aspiring real estate pro eager to conquer the math challenges on your state exam? Look no further! Welcome to Maggie’s Real Estate Academy, your ultimate destination for mastering Amortization and excelling in your real estate career.
📚 What’s Inside? 📚
In this comprehensive video, Maggie, a seasoned real estate instructor and founder of Maggie’s Real Estate Academy, will take you on an exciting journey through the world of Amortization. You’ll learn the ins and outs of this essential concept, gaining a deeper understanding of how it impacts the real estate industry.
🔍 Key Highlights: 🔍
▶️ Demystify Amortization: Understand what Amortization really means and how it plays a crucial role in real estate transactions.
▶️ Crack the Exam Code: Get exclusive tips and tricks that will give you the edge on the math portion of your state exam.
▶️ Hands-On Practice: We’ll walk you through real-life examples and practice problems, so you gain confidence in solving Amortization scenarios.
▶️ Excel Like a Pro: Discover how to use Excel effectively to handle complex Amortization calculations effortlessly.
🔑 Keywords: Real Estate, Amortization, State Exam, Excel, Tips and Tricks, Practice Problems, Real Estate Career
📈 Elevate Your Real Estate Career 📈
Want to excel in the real estate industry? Maggie’s Real Estate Academy is your go-to resource for invaluable insights and expert guidance. Access the full script with SEO-optimized keywords in the video description below, and don’t forget to hit the thumbs up button if you find this content helpful!
🎓 Who Is Maggie? 🎓
Maggie is a dedicated educator and industry expert, passionate about sharing her knowledge with aspiring real estate professionals like you. With years of experience in teaching and real estate, she brings a unique perspective to help you succeed.
🚀 Let’s Reach New Heights Together 🚀
Are you ready to boost your real estate career with a solid grasp of Amortization? Hit that play button and embark on this transformative learning experience. Subscribe to our channel and activate the notification bell to stay updated on our latest videos, packed with valuable content to elevate your real estate journey.
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Опубликовано:

7 окт 2024

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Комментарии : 62

@tyewilson9174 Год назад

I just wanted you to know that you gave me the edge I needed to pass my exam. I PASSED MY REAL ESTATE EXAM 🎉🎉🎉

@JustCallMaggie Год назад

Nice!!! Congratulations 🎊🎉 and thank you for your kind words. What a relief, huh?! 👍

@tyewilson9174 Год назад

Absolutely. But you are really gifted at what you do. Now it's time to get to work building a career. Now I walk into my gift and have it make room for me to live my best life. 🎉😊

@JustCallMaggie Год назад

@@tyewilson9174 thank you. Best of luck to you on your career in real estate.

@heathercalhoun9209 Месяц назад

Maggie, my most sincerest appreciation and a huge thankyou on math especially. Passed Both my exams in texas yesterday. I JUST WAS NOT GETTING IT! Your bubbly personality I relate to and your help was what gave me the confidence. forever grateful Heather

@JustCallMaggie Месяц назад

@@heathercalhoun9209 love this!!! Congratulations on passing your exam. This is great!! Thank you so much for your kind words. I truly appreciate you. Best of luck on your real estate career 🤓🫶

@Dr.CorneliaKratzer 11 месяцев назад

Ok I am officially hooked! Going through every single video on this channel!

@JustCallMaggie 11 месяцев назад

Thank you. I appreciate the support 🤓🫶

@jewlchamp6844 4 месяца назад

Passed my tests yesterday in Illinois… I watched many many many many many of your videos loll thanks so much! You’re a great instructor ❤

@JustCallMaggie 4 месяца назад

Wow!!! Excellent job 👏👏👏 Congratulations 🥳🥳🥳 Thank you for your support. Best of luck to you on your real estate career!!!

@noelmiles7322 5 дней назад

Thank you for this video,I am in the state of Massachusetts and they give us the entire chart. Didn't understand the chart the 1st time.

@JustCallMaggie 5 дней назад

@@noelmiles7322 glad to help. Good luck with your exam.

@jvieira3807 22 дня назад

Thanks so much for the easy step by step chart and formula instructions. Definitely a huge help! :)

@JustCallMaggie 22 дня назад

@@jvieira3807 Thank you. Glad to help

@infinitypromotionsgroupllc5403 8 месяцев назад

This was so easy the way you taught it.

@JustCallMaggie 8 месяцев назад

Thank you. Glad you enjoyed

@JenniferAvila-o5x 8 месяцев назад

Making these math problems so much easier ,thank you for all your help will be suggesting you to everyone who like me needs help !

@JustCallMaggie 8 месяцев назад

Thank you so much. Glad to hear my teaching is helping you.

@gweenbeemisunklol4434 3 месяца назад

I passed first trial. Thank you so much for your valuable materials. 🎉

@JustCallMaggie 3 месяца назад

That’s great!! Congratulations 🥳🥳

@breatheinpeace1315 Год назад

Thank you so much I was so happy when I got the last problem right on my own you have helped me tremendously I take my exam on the 20th thank you so much

@JustCallMaggie Год назад

Thank you! I’m so happy to help. Good luck to you. Keep me posted please 🙏

@shamiawashington 11 месяцев назад

She is amazing! I’ve watched so many real estate math videos that just didn’t help! I’m glad I came across her videos and actually excited to do some math for my exam lol!

@JustCallMaggie 11 месяцев назад

@@shamiawashington Thank you so much. I appreciate that and I’m glad to hear my videos helped you.

@superman10282 4 месяца назад

Just as I said in a previous comment and video, great material! Straightforward and direct and simple to follow.

@nakeamorris25 Год назад

Another great video! You broke this down in such nice and easy steps. Keep the videos coming!

@JustCallMaggie Год назад

Thank you so much. I really appreciate the feedback 🤓

@Cheersbliss2013 10 месяцев назад

You are welcome. The table chat always comes out in Ohio real estate exams.

@JustCallMaggie 10 месяцев назад

Ok I can do a video about that.

@sherrirmorton11 11 месяцев назад

OMG! where have you been??!!! Thank you so very much!! I don’t feel so anxious about math anymore. I’m taking my test next Saturday., October 21st! I hope that I can remember all of these formulas by then! 🙂

@JustCallMaggie 11 месяцев назад

You're too cute. Good luck on your exam. Keep me posted!!

@sherrirmorton11 11 месяцев назад

@@JustCallMaggie Thanks! Will do!

@tyewilson9174 Год назад

Gurl you are dayum good at what you do🎉🎉🎉

@JustCallMaggie Год назад

Thank you doll. Appreciate that. Thanks for passing by 😎

@Cheersbliss2013 10 месяцев назад

Hi Maggi! Thank for your help. Please how can we use amortization chart table to solve real estate maths questions

@JustCallMaggie 10 месяцев назад

This is a great idea for a video. Basically just find the payment factor in the table then divide the loan amount by $1000 then multiply it by the payment factor. That total will give you the principal and the interest amount. I can make a video about this. Thank you for the idea.

@knowen32 9 месяцев назад

Thank you!

@JustCallMaggie 9 месяцев назад

You’re too sweet. Thank you 😊

@stephaniegeorge2605 Год назад

HI Maggie! Thank you so much for everything you do, I would be so lost without your help! Is there a place to download blank templates for all of the different T methods and others like the pip sandwich?

@JustCallMaggie Год назад

I have an e-workbook for the T-method that breaks it all down. The PIP sandwich I do not have broken down, yet, but I have practice questions in the e-workbook that you can practice with. The e-workbook covers the simple interest formula. I am in the process of creating a volume 2 of the e-workbook that will have more on amortization and the PIP sandwich. Thank you so much for your kind words.

@elenadevilliers1781 Год назад

Making a hard concept seem easy

@JustCallMaggie Год назад

Thank you. I’m glad you enjoyed.

@Bhannahable 8 месяцев назад

Ok. You made this super easy but the problem I am having is one that doesn't list the rate but it wants you to find the difference in between the monthly payments. Amortized loan for 140,000. The savings and loan will give him the loan for 15yrs at 5% or for 30yrs at 6%. To the nearest dollar, what is the difference between monthly payments for these two loans? It states to use amortization table but it didn't give one with the question

@JustCallMaggie 8 месяцев назад

Thanks. Was that on your exam? Or is this a practice question?

@Bhannahable 8 месяцев назад

@@JustCallMaggie it's a practice exam question here in Tennessee

@JustCallMaggie 8 месяцев назад

@@Bhannahable you probably won’t see anything that difficult on the exam. I mean, I could be wrong.

@Bhannahable 8 месяцев назад

@@JustCallMaggie the answer was 267 and I guessed it but I forgot how I even got close. Smh

@JustCallMaggie 8 месяцев назад

@@Bhannahable there are a lot of steps to work out that problem.

@carlajimenez9153 6 месяцев назад

Thank you so much! I’m currently taking the classes and the math wasn’t matching for me, but now this formula make SO much sense! ❤️

@JustCallMaggie 6 месяцев назад

Glad to help! Best of luck to you. Thank you for your support.

@Deebabby94 5 месяцев назад

I was wondering instead of doing ( I = P * R * T) it looks like in the second problem you ended up doing (I = P * R / T)? Just so I know how to make my notes to understand/ memorize.

@JustCallMaggie 5 месяцев назад

You can do that but only if T = 1/12. In example 2, I just skipped the step where I multiplied by 1/12, because it’s the same as dividing by 12.

@aishabrown1578 20 дней назад

The third question threw me off how come we used the annual interest rate instead of the monthly interest rate ?

@JustCallMaggie 20 дней назад

@@aishabrown1578 you will always use the annual interest rate but don’t forget to divide by 12 so you find the monthly amount

@aishabrown1578 20 дней назад

@@JustCallMaggie thanks so much for replying , I had divided the 7.2 annual interest by 12 to get the monthly and did it that way. I came up with 0.006 for the monthly interest rate for that question. That’s the only question too that said annual interest all the other questions just said interest.

@JustCallMaggie 20 дней назад

@@aishabrown1578 oh I see! Good job. 👏

@JustCallMaggie Год назад

Want to learn more about housing and total obligations ratios? Click here to check it out: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-qTLjhzQ7GF0.html

@elenadevilliers1781 Год назад

😊❤