What is Real Estate? - ANSWERLand + Improvements
What are improvements? - ANSWERAnything reasonably, permanently attached/fixed to land
What are the 6 most important things in Real Estate? - ANSWER1) Location, location, location
2) Timing, timing, timing
What are the 7 special characteris...
What are improvements? - ANSWERAnything reasonably, permanently attached/fixed to land
What are the 6 most important things in Real Estate? - ANSWER1) Location, location, location
2) Timing, timing, timing
What are the 7 special characteristics of real estate? - ANSWER1) Fixed Location
2) Uniqueness
3) Interdependence of Land Uses
4) Long life
5) Long term commitments
6) Large Transactions
7) Long gestation period
What are the 4 sectors/ property types of real estate? - ANSWER1) Residential
2) Commercial
3) Industrial
4) Ranch / Agriculture
What are the 4 food groups of commercial real estate? - ANSWER1) Office
2) Retail
3) Industrial
4) Multifamily
Two types of residential real estate? - ANSWER1) Single Family Attached
2) Single Family Detached
Four types of Single Family Attached real estate? - ANSWER1) Duplex/Quad-Plex
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