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Questions and Answers
What is the term used to describe the process of estimating the value of a property?
What is the term used to describe the process of estimating the value of a property?
- Evaluation
- Assessment
- Estimation
- Appraisal (correct)
Which of the following is not a type of real estate investment?
Which of the following is not a type of real estate investment?
- Mutual Funds (correct)
- Land
- Residential Property
- REITs
What is the main advantage of investing in real estate?
What is the main advantage of investing in real estate?
- Low risk
- Passive income (correct)
- High liquidity
- Immediate returns
Which of the following is true about real estate investing?
Which of the following is true about real estate investing?
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What is the term used to describe the income generated from a rental property?
What is the term used to describe the income generated from a rental property?
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What is the main factor that affects the value of a property?
What is the main factor that affects the value of a property?
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