The Mini Lab
Dive into the Mini-Lab below and test out our various Calculators, Assessments and Quizzes!
Calculate the Break-Even Point of Your Business
It does more than figure out the break even point, but even your profit margin, and expected total revenue, expenses, and profit given your expected unit sales and price per unit. Just move the sliders, and the results appear in real time in the right-hand column.
Mortgage Calculator
In this real time mortgage calculator, just move the sliders on the left to answer the questions as accurately as possible (or type in the boxes), and the mortgage calculation appears in the right column. Yes, it’s that simple.
REWL Cost Benefit Analysis
Often, we have a hard time determining if a certain product, service, or membership is worth the time and money. This calculator will help you calculate if a REWL Membership is right for you. Quick and easy, 2 minutes is all it takes to complete.
Can You Compete in Today's Real Estate Market?
This is a straightforward quiz to assess if you have the fundamental success pieces in place to act on deals when they come across your desk. For instance, if you got a deal and you had only 48 hours to make an offer, could you do it? After completing this quiz, you will be able to act quickly and with confidence knowing that everything is in place. The quiz is built in sequential order, so once you complete one step, you can move onto the next. If you don’t have one of the requirements in place, come back and restart the quiz when you do.
Should You Buy or Rent?
We must live somewhere, and you either rent a home or buy a home. This calculator will take less than 3 minutes and ask you simple questions about time, your DIY ability, and the flexibility you have for where you live. If you need an answer to this question, this is the place to start.
Calculate Your Monthly Home Budget
The budget synthesizer is part of building a strong understanding of your financial status. This calculator requires you to input your monthly income, your monthly fixed, and your monthly variable expenses. The result of the calculator will be the amount leftover every month for saving/investing as well as your gross debt service ratio and total debt service ratio.
Cashflow Calculator
You need to know what you want in order to get there. This quick cashflow calculator asks you 4 simple questions to calculate how much you need to invest based on where you’re starting from, what you want, when you want it in the future, and based upon a forecasted consistent return. It’s that simple. Play around with the sliders to see how the amount changes in real time.
You shouldn't buy real estate unless you pass this ultimate buyer quiz!
We don’t know what we don’t know, so let’s get some of the basics out of the way before moving on to more complex knowledge. Take this short quiz to see if you have the basic building blocks to start real estate investing based on successful broad methods of thinking.
DISC Personality Test
To be successful investors, we need to know ourselves, what characterizes each of us, and invest accordingly. Otherwise, investing will always be a source of tension. By taking a DISC assessment, we get to learn what type of person we are inside the realm of 4 broad personality categories: Dominance, Influence, Steadiness, and Compliance.
Mortgage Calculator
In this real time mortgage calculator, just move the sliders on the left to answer the questions as accurately as possible (or type in the boxes), and the mortgage calculation appears in the right column. Yes, it’s that simple.
Calculate your monthly home budget
In this quick budget calculator, move the sliders (or type in the boxes) your income, taxes, and expenses to figure out whats left for savings and investments. Want to talk? Type in your contact details in the second and final step.
Calculate the Break-Even Point of your Business
It does more than figure out the break even point, but even your profit margin, and expected total revenue, expenses, and profit given your expected unit sales and price per unit. Just move the sliders, and the results appear in real time in the right-hand column.
Calculate ROI
Looking to shrewdly offset the cost of your REWL membership? See how much residual income your contacts and social media can earn you for promoting REWL membership.
How to use our calculators
REWL calculators have all been specially designed to answer questions that real estate investors (or soon to be investors) ask multiple times in their investing journey. As a result, these calculators are quick and easy to use, and only a select few require more time and detailed information.
When using ALL the calculators, please note that once you start, you must complete the assessment to arrive at the result. If you stop and leave the calculator screen for any reason, your inputs will not be saved, and you will have to restart the assessment from the beginning. If you must stop an assessment before completion, you can remedy this by taking screen shots (or writing down your inputs) before you leave.
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