Real Estate Math: Mastering The 3 Approaches To Value | Just Call Maggie

Welcome back to @JustCallMaggie, your go-to destination for all things real estate! 🏡 In this episode, I will guide you through the three essential approaches to value: Sales Comparison Approach, Cost-Depreciation Approach, and the Income Approach. 📈🏗️ Join me as we dive deep into each method, tackling practice questions to ensure you're exam-ready! 🔍 Topics covered: The 3 Approaches to Value in Real Estate 00:41 - 1) Sales Comparison Approach (Comparable Sales Method) explained 01:36 - Principle of Substitution 02:02 - 🤔 Sample Questions Solved: Real Estate Exam practice question 1 02:29 - 🤔 Sample Questions: Real Estate MATH practice question 1 02:50 - CIA & CBS explained 03:07 - 🤔 Sample Questions Solved: Real Estate MATH practice question 1 explained 04:04 - 🤔 Sample Questions: Real Estate MATH practice question 2 04:48 - 🤔 Sample Questions Solved: Real Estate MATH practice question 2 explained 06:44 - 2) Cost Depreciation Approach (Cost Method) explained 06:57 - Replacement Costs vs Reproduction Costs explained 08:26 - 🤔 Sample Question: Real Estate Exam practice question 2 08:41 - 🤔 Sample Questions: Real Estate Exam MATH practice question 3 09:02 - 🤔 Sample Questions Solved: Real Estate Exam MATH practice question 3 explained 09:38 - 3) Income Approach (Income Method) explained 10:17 - The 2 techniques used in the Income Approach (Direct Capitalization & Gross Multiplier) 10:26 - Direct Capitalization explained 10:45 - 🤔 Sample Questions: Real estate exam MATH practice question 4 11:00 - 🤔 Sample Questions Solved: Real Estate Exam MATH practice question 4 explained 12:00 - 🤔 Sample Questions: Real Estate Exam MATH practice question 5 12:20 - 🤔 Sample Questions Solved: Real Estate Exam MATH practice question 5 explained 14:01 - 🤔 Sample Questions: Real Estate Exam MATH practice question 6 14:24 - 🤔 Sample Questions Solved: Real Estate Exam MATH practice question 6 explained 15:17 - Gross Multiplier explained 15:53 - Gross Rent Multiplier (GRM) formula 16:09 - Gross Income Multiplier (GIM) formula 16:20 - GRM/GIM T-Chart explained 16:51 - Real Estate Math e-workbook "Math Skills for Real Estate Success" explained https://justcallmaggie.com/product/ma... 📚 Looking for help with real estate math? Check out my e-workbook, 'Math Skills for Real Estate Success' here: 🧮📘 https://justcallmaggie.com/product/ma... Don't forget to like, subscribe, and hit that bell to stay updated on more real estate adventures! 🛎️ Let's conquer those math questions together! Thanks for joining me on this whirlwind tour of real estate value approaches. Until next time, good luck and happy studying! 🌟 If you like this video, please give it a thumbs up 👍 and if you want to hear more videos from our channel, SUBSCRIBE 🔥 and make sure to turn on the bell icon (🔔). 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐬𝐞𝐞 𝐦𝐨𝐫𝐞 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 𝐥𝐢𝐤𝐞 𝐭𝐡𝐢𝐬...? ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 👍 Like the video (it's quite helpful!) 💬 Leave a comment below to let us know what you think! 🔗 Share the video with anyone you think might help ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 🎬 SUGGESTED VIDEOS ▶️ Mastering Commission Problem Solving for Real Estate State Exam Success: Unlocking the T-Method!    • Mastering Commission Problem Solving For R...   ▶️ Ace your Real Estate Exam with Expert Property Tax Math Tips!    • Ace Your Real Estate Exam With Expert Prop...   ▶️ Real Estate Math: Down Payment Problem Solving    • Real Estate Math: Down Payment Problem Sol...   ▶️ Mastering the Area Formula: Rectangles, Squares, and Triangles for Real Estate Math    • Mastering The Area Formula: Rectangles, Sq...   ▶️ Crush the Real Estate Exam: Proven Strategies for First-Time Success    • Crush The Real Estate Exam: Proven Strateg...   🌐 LET'S CONNECT 🔹 Website: https://justcallmaggie.com/ 🔹 Facebook:   / justcallmaggie   🔹 Instagram:   / justcallmaggie   🔹 TikTok:   / justcallmaggie   🔹 Pinterest:   / justcallmaggie   👇🏻 Don't Forget To SUBSCRIBE 🔥    / @justcallmaggie   #RealEstateExam #RealEstate #JustCallMaggie