Module 4 - Deal Criteria Test

5 Questions | Total Attempts: 192

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Module Quizzes & Trivia

Questions and Answers
  • 1. 
    How many units do apartment complexes need to have?
    • A. 

      50+

    • B. 

      100+

    • C. 

      150+

  • 2. 
    What is the ideal purchase price?
    • A. 

      Under 5 million

    • B. 

      Over 5 million

    • C. 

      Anything up to 10 mil

  • 3. 
    Why is it not good to buy a property that is being auctioned?
    • A. 

      Forces you to buy at retail.

    • B. 

      To much competition.

    • C. 

      Pay all cash.

  • 4. 
    Income generation of the property is how we base our purchase price?
    • A. 

      True

    • B. 

      False

  • 5. 
    How many active deals can I have in the system at one time?
    • A. 

      As many as I want.

    • B. 

      4

    • C. 

      5

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