MKL405 Marketing and Leasing Strategies for Multifamily Properties Question and answers rated A+ 2024/2025
4 views 0 purchase
Course
Property management
Institution
Property Management
MKL405 Marketing and Leasing Strategies for Multifamily Properties Question and answers rated A+ 2024/2025 MKL405 Marketing and Leasing Strategies for Multifamily Properties
CPM Role - correct answer Deliver value by thoroughly analyzing market position of the asset and guiding the strategies...
MKL405 Marketing and Leasing
Strategies for Multifamily Properties
CPM Role - correct answer ✔Deliver value by thoroughly analyzing market
position of the asset and guiding the strategies for maximum occupancy and
rental income
CPM, IREM Code of Ethics - correct answer ✔At all times exercise loyalty to
the interests of the client and the employer or firm with whom the MEMBER is
affiliated
Speculation - correct answer ✔the practice of making high-risk investments
with borrowed money in hopes of getting a big return during a relatively short
period; Return is typically achieved at the time of sale from the profit made in
selling the property.
Investment - correct answer ✔Return profit occurs over a loner period of time
"SPLAT" - correct answer ✔Safety, Periodic Return, Leverage, Appreciation
of Capital Appreciation, Tax Shelter
Safety or Capital Preservation - correct answer ✔acquiring high quality real
estate that will hold its value over time. Property may not provide a strong
return but should retain its initial value
Periodic Return or Cash Flow - correct answer ✔owner may purchase real
estate to obtain a steady source of income over a specific period; the cash
flow will provide a rate of return that can be compared to other investments
and is enhanced by the tax shelter effects of real estate, such as depreciation.
, Leverage or Using Borrowed Funds - correct answer ✔the return on the real
estate investment exceeds the cost of borrowed funds
Appreciation of Capital Appreciation (Hedge Against Inflation) - correct
answer ✔during inflationary times, when wages are increasing, residents
expect their rents to increase. This in turn creates a higher rent value and
higher property value
Hedge Against Inflation - correct answer ✔Appreciation of Capital
Appreciation
What distinguishes speculation from investment? - correct answer ✔Cash
flow; A property with negative cash flow could be one used for speculation.
Examples are house flipping.
Four stages of the business cycle - correct answer ✔prosperity, recession,
depression, recovery
Prosperity (stage of the business cycle) - correct answer ✔Production is
increased, banks willing to lend funds, customer demand and prices are high;
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller flyhigher329. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
