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. 🎉😊
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
@@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 🤓🫶
I take my pre license exam Monday and my biggest obstacle was math and your systems are amazing. I hope your school is doing well because you are a great teacher
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
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!
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! 🙂
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
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.
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?
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.
@@lenacake1526 oh I see. Ok bc you have to convert time into years, so if it’s one month it becomes 1/12. So it’s basically the same as dividing by 12. If that’s what you mean.
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 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.
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I just wanted you to know that you gave me the edge I needed to pass my exam. I PASSED MY REAL ESTATE EXAM 🎉🎉🎉
Nice!!! Congratulations 🎊🎉 and thank you for your kind words. What a relief, huh?! 👍
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. 🎉😊
@@tyewilson9174 thank you. Best of luck to you on your career in real estate.
Ok I am officially hooked! Going through every single video on this channel!
Thank you. I appreciate the support 🤓🫶
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 ❤
Wow!!! Excellent job 👏👏👏 Congratulations 🥳🥳🥳 Thank you for your support. Best of luck to you on your real estate career!!!
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
@@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 🤓🫶
Making these math problems so much easier ,thank you for all your help will be suggesting you to everyone who like me needs help !
Thank you so much. Glad to hear my teaching is helping you.
This was so easy the way you taught it.
Thank you. Glad you enjoyed
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.
@@noelmiles7322 glad to help. Good luck with your exam.
I take my pre license exam Monday and my biggest obstacle was math and your systems are amazing. I hope your school is doing well because you are a great teacher
@@lisaromano5290 best of luck to you. You got this! Thank you so much. 😊
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
Thank you! I’m so happy to help. Good luck to you. Keep me posted please 🙏
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!
@@shamiawashington Thank you so much. I appreciate that and I’m glad to hear my videos helped you.
You are welcome. The table chat always comes out in Ohio real estate exams.
Ok I can do a video about that.
Thanks so much for the easy step by step chart and formula instructions. Definitely a huge help! :)
@@jvieira3807 Thank you. Glad to help
I passed first trial. Thank you so much for your valuable materials. 🎉
That’s great!! Congratulations 🥳🥳
Just as I said in a previous comment and video, great material! Straightforward and direct and simple to follow.
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! 🙂
You're too cute. Good luck on your exam. Keep me posted!!
@@JustCallMaggie Thanks! Will do!
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
Thanks. Was that on your exam? Or is this a practice question?
@@JustCallMaggie it's a practice exam question here in Tennessee
@@Bhannahable you probably won’t see anything that difficult on the exam. I mean, I could be wrong.
@@JustCallMaggie the answer was 267 and I guessed it but I forgot how I even got close. Smh
@@Bhannahable there are a lot of steps to work out that problem.
Hi Maggi! Thank for your help. Please how can we use amortization chart table to solve real estate maths questions
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.
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?
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.
Another great video! You broke this down in such nice and easy steps. Keep the videos coming!
Thank you so much. I really appreciate the feedback 🤓
Gurl you are dayum good at what you do🎉🎉🎉
Thank you doll. Appreciate that. Thanks for passing by 😎
Making a hard concept seem easy
Thank you. I’m glad you enjoyed.
Miss Maggie, I have a question … could you explain to me why is it that we are dividing the time if the equation is multiplication?
@@lenacake1526 not sure what you’re referring to. Can you tell me which problem?
@@JustCallMaggie The first step in the PRT Equation.. after plugging in the numbers.
@@lenacake1526 oh I see. Ok bc you have to convert time into years, so if it’s one month it becomes 1/12. So it’s basically the same as dividing by 12. If that’s what you mean.
Ok got it 👍🏾, thank you .
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.
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.
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! ❤️
Glad to help! Best of luck to you. Thank you for your support.
Thank you!
You’re too sweet. Thank you 😊
The third question threw me off how come we used the annual interest rate instead of the monthly interest rate ?
@@aishabrown1578 you will always use the annual interest rate but don’t forget to divide by 12 so you find the monthly amount
@@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.
@@aishabrown1578 oh I see! Good job. 👏
👍🏾
@@generoland5032 🤓🫶
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I felt hungry after u mention the pip sandwich 😂🫣
Hehehe that’s cute. I’m always hungry 😋