I was following along a great webinar but there's something I don't understand. How are the Total Annual Expenses in Year 2 and forward calculated? It's really getting to me because it should be the same as the income which both should be growing at 2% as the assumtions are stated. What am I missing? This is frustrating, can someone please help me?
Thank you I really appreciate it! I can refer to what webinar I am talking about, but I just took a ss of the output Brandon got. Hope it makes sense to you!
I was actually trying to figure out the same thing. For some reason those numbers did not add up for me either. I know @Brandon Turner was holding that webinar. Maybe he has an answer for that?