Management Exam Study Questions All Verified
What are some of the advantages of investing in Apartments? - Answer Regular cash payments
Value increases
Tax benefits
Invest using leverage
Long-term
Reposition opportunities
Diversification
What are some disadvantages of investing in Apartments? - Answer Not liquid investment
Requires active management
Risk
Types of risk in apartment investments - Answer Business risk
Financial risk
Liability risk
Inflation risk
Interest rate risk
Property damage risk
Obsolescence risk
Common goals of apartment investors - Answer Get specific rate of return
Generating regular cash flow
Refinancing
Renovating or retrofitting property
Acquiring new properties
Selling existing properties