1) True or False: Credit Loss is when someone doesnt pay their rent.

True

False

2) Which of the following is an operating expense?

a. Debt Service

b. Commissions

c. Leasing Legal

d. Reserves

3) Which of the following formulas would you use to show compound growth for a revenue or an expense item over the course of a few years? Hint: "Rate" refers to "Growth Rate"

a. Prior Year/Rate

b. Current Year * (1 - Rate)

c. Current Year * Rate

d. Prior Year * (1 + Rate)

e. Current Year * Rate

4)

What is Management Fee calculated off of?

a. EGI

b. PGI

c. NOI

d. PSF

e. OpEx

5) True or False: the Terminal Year is the next Buyer's Year 1

True

False

6) True or False: NOI can only be increased by higher rents.

True

False

7) Which of the following would you use to research market rents?

a. Annual Proforma

b. Loan Documents

c. County Websites

d. Census Data

e. Zoning Data

8) Which of the following is the most reliable source of data to determine your operating expenses?

a. Trailing 12 Months

b. Broker's Guidance

c. Prior 3 Years

d. Trust the Seller

e. None of the Above