Youtube Version: https://youtu.be/rjskCTfeYgo

In 2008, Satoshi Nakamoto (no one knows his/her/its identity) published a white paper titled: Bitcoin: A peer-to-peer Electronic Cash System References: https://bitcoin.org/bitcoin.pdf https://en.wikipedia.org/wiki/Satoshi...

Risk Management: involves identifying the potential events that can have adverse financial/emotional consequences for an investor.

 Risk Aversion is when an investor would rather a lower return with a lower risk since they are avoiding risk.

YouTube: https://youtu.be/ptDxTw7A5oA

Types of Risk faced in Real Estate:

1) Property Risk: the risk associated with the destruction of the property

2) Speculative Risk: the risk associated with the future value of an asset

3) Input Risk: the risk associated with increased costs and maintenance of a property

4) Liability Risk: the risk associated with the reckless actions of others.

What Math is involved in Risk Management?

Expected Value provides the anticipated value of an investment in the future using different probabilities (scenarios).

References: https://corporatefinanceinstitute.com/resources/knowledge/other/expected-value/ https://www.westfield.ma.edu/math/MathWeb/Actuarial/PDFs/342-Intro-to-Risk.pdf

Let's talk about the math involved in Owner financing.

YouTube Version: https://youtu.be/lxkXISJMjOo​

References: Amortization Calculator: https://www.bankrate.com/calculators/...​

Ballon Calculator:

https://www.bankrate.com/calculators/...​ #myemathtutor​ #realestate​ #loan​ #finance​ #money​ #invest​

YouTube Version: https://youtu.be/a4g4ZkPVfis

@never6percent

https://www.instagram.com/myemathtutor/

https://www.instagram.com/buymeahome/

1) In 1943, Abraham​ Maslow published “A Theory​ of Human Motivation” 

 YouTube Version: https://youtu.be/xLlg-km6kJo

Reference: 

http://lifestoogood.net/theory-theory-understanding-peoples-motivations-mcgregors-theory/

https://iwer.mit.edu/about/iwer-pioneers/douglas-m-mcgregor/

Let's do an example of calculating the pro-rating costs for annual property taxes and the monthly association.

YouTube Version: https://youtu.be/NEkPctg07BQ​

The break-even point =( Fixed cost)/(Price-Variable cost)

YouTube: https://youtu.be/tbfj2_PO6Os​

Christopher Voss, a former FBI’s Lead International Kidnapping Negotiator.

This is their blog on negotiating and how to make efficient deals.

1) Mirror Words Selectively

2) Practice Tactical Empathy

3) Get to a "no"

4) Trigger "That's right"

5) Create an illusion of control

YouTube: 

YouTube: https://youtu.be/HBvkR6JjUTM​

I share all my tricks to learn and have fun at the same time. #myemathtutor​ #homeschooling​ #momlife​

YouTube: https://youtu.be/8MEXV3pO8dY​

I want to be a Dance and a Yoga Instructor. I am getting out of my comfort zone, so I decided to document my journey and make it a project. I hope this time I can win the war :)

Please find these references from James Clear #AtomicHabits​. FYI: I am not a doctor or nutritionist.

References: The Mathematics behind Losing weight https://youtu.be/vuIlsN32WaE​ Atomic Habits : How to get 1% better every day https://youtu.be/U_nzqnXWvSo​ The Billionaire Algorithm https://youtu.be/jeqaIYchAI0​ Atomic Habits to change your life! https://youtu.be/nRwDVD4Q26E​ My two Gurus mentioned here:

@raymamedium

@yoganesha