REE 3043 UPDATED Exam Questions and CORRECT Answers
Portfolio Manager - Advise. Asset acquisition, renovation, sale decisions affect owner's portfolio. Asset Manager - Analyze. Advise. Asset acquisition, renovation, sale decisions affect owner's portfolio affect asset's price or expected return. Property investment values or expected returns. Hiring property manager. Maintenance and prop conditions Property Managers - The day to day operations of the assets. Rent collection, marketing and tenant administration, property maintance and insurance, accounting operations Creating Cash Flow through management of r. e. - 1. Focusing on the objective of generating income and eliminating excess expenses 2. Understanding the target market thereby making occupancy and rent levels maximized 3. Responding to changes in market conditions by making physical renovations and repostioning properties
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