Real Estate Investors Association of Greater Cincinnati

Go to Calendar

Real Estate Algebra for Dummies

with... Vena Jones-Cox

Confused about the "math" of creative deals? Not sure how to figure out payments, interest rates, and whether a deal is a good one? Learn to use Excel to do all this and more, guaranteed!

Saturday, August 7, 2021 9:00 AM - 2:00 PM
Virtual ONLINE Event

Real Estate Algebra for Dummies
Saturday, August 7th 9 am-2 pm eastern

        Well, it turned out that your parents are right: you DID need that high school algebra class.

        If you want to do creative finance deals, anyway.

        What else is a question like, “What’s the loan constant on this subject to deal I’m buying now that the loan has amortizes for 12.3 years?” if not an algebra problem?

        Knowing the STRATEGIES for buying properties and notes creatively is important, but being able to CALCULATE payments, interest rates, payoffs, loan constants, and being able to COMPARE outcomes for different financing scenarios on the same properties or notes is also kinda crucial.

        That’s what this workshop teaches you how to do, hands on.

NOTE: This is a HANDS-ON, Microsoft Excel-based class. If you don’t have Excel, or hate it, it’s not for you. You’ll need to be at your computer, with Excel open, while you’re attending or listening to the recordings, and if you can’t do that, you probably shouldn’t attend.

Wondering whether you need this class? Answer these simple questions, and find out:

  1. You’ve talked a seller into financing a 4-family with a $150,000 loan at 8% interest, amortized over 20 years, with a balloon in 7 years.
  • What will your monthly payment to the seller be?
  • What will the balloon payment be?
  • If the taxes are $3,000 a year, the insurance is $800 a year, the rents are $525 per unit, and the owner pays for water at $1,040 a quarter, did you just make a good deal, or not?
  1. You’ve been offered the opportunity to buy a performing note with a face value of $28,497, payments of $467.59 per month, and 68 months remaining for $20,851.
  • What is your rate of return?
  • If you know someone who will buy this note from you at a 12% rate of return, how much money will you make flipping the note?

        If you weren’t able to answer $1,254,56, $121,449, “probably not”, 16%, and $2,169, or if the very sight of all of these numbers overwhelms you, then the answer is, yes, you need this class.

        On August 7th, you’ll learn, step by step, how to think through real-life examples like these and many others and how to use Excel to come up with these numbers in just minutes.

        You don’t have to be good at math to learn this; you just have to be willing to learn to use Excel to do these calculations.

        You’ll be a much better and smarter investor when you come out the other side, or your money back.

NOTE: If you’re attending Pete Fortunato’s live “Deals without Dollars” workshop on August 21st & 22nd in Columbus (Click HERE for Details), you don’t need to sign up for this workshop—it’s FREE to you and we’ll automatically register you. 

        As always, this workshop is backed by a 100% satisfaction guarantee, and YES, it will be recorded and all registrants will get the recording!  

        Register below to get your link to join!

  • Login
  • Members, Login to Register with the Member's Price

Date:  Saturday, August 7, 2021
Time:  9:00 AM - 2:00 PM

Share this Event with your Friends

Contact Us

Real Estate Investors Association of Greater Cincinnati

3707 Warsaw Avenue
Cincinnati, OH 45205
(513) 407-3137

Proud Affiliate Member of Think Realty

Follow Us

Privacy and Security Policies

Your email will never be shared or sold to other members, vendors or any other third party without your consent.

Disclaimer  (Real Estate Investors Association of Greater Cincinnati) does not give legal, tax, economic, or investment advice. REIAGC disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   

Copyright 2021 © Real Estate Investors Association of Greater Cincinnati  All rights reserved.

This REIA Website is powered by: Real Estate Promo.