Chapter one in our Property Management text explains the three general categories of property management clients:
Investor-owners
Incidental (accidental owners)
Institutional Owners
Provide a real world example (don't quote the book) of each from your life and mention their experience either good or bad. This could be a family member, friend, place where you work, your city, county or state. You can always go into the "Student Lounge" to chat with other students and ask how they are doing.
Answers
Chapter one in our Property Management text explains the three general categories of property management clients: investor-owners, incidental (accidental owners), and institutional owners. I will provide real-world examples of each category from my life.
1. Investor-owners: My uncle, John, is an investor-owner. He owns multiple rental properties in our city. His experience has been generally good as he has hired a property management company to handle all aspects of his properties. The company takes care of finding tenants, collecting rent, and handling maintenance requests. This arrangement has allowed my uncle to focus on other investment opportunities while ensuring his properties are well-maintained and generating a steady income.
2. Incidental (accidental owners): My friend, Sarah, became an accidental owner when she inherited a property from her late grandmother. She had no prior experience or interest in managing a property. Initially, Sarah struggled with the responsibilities of being a landlord, such as dealing with tenant issues and handling maintenance. However, she eventually hired a property management company to handle these tasks. This decision improved her experience significantly, as the company had expertise in property management and ensured a hassle-free rental experience.
3. Institutional owners: In my city, there is a large university that owns multiple apartment complexes near the campus. These apartment buildings are managed by the university itself, making them institutional owners. The experience of the tenants living in these apartments has generally been positive. The university provides efficient maintenance services, timely responses to inquiries, and creates a sense of community by organizing events for the residents. This institutional ownership ensures that the properties are well-managed and cater to the needs of the student population.
These real-world examples illustrate the different experiences that can arise from property management clients belonging to the three general categories mentioned in the text.
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Related Questions
Select the response that corrects the capitalization error in the sentence below. I live in Kentwood, louisiana. a. i b. kentwood c. Louisiana Please select the best answer from the choices provided A B C
Answers
Answer:
a) I
Explanation:
The letter I continues to be capitalized because it is the only single letter pronoun. Because the pronouns I and me have different uses, it's easy to distinguish between the two in terms of capitalization rules.
can someone answer me this please
Answers
Answer:
Higher fixed costs and Deteriorating net cash flow postion
Explanation:
state whether the item is an asset or a liability.)
i Motor Car
ii. Stock of goods
iii. Cash at bank
iv. Bank overdraft
v. The business owes a supplier for goods
vi. Loan
vii. Machinery
viii. Creditors
ix. Equipment
x. Money owing to bank
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Answer:
v and i
Explanation:
como hacen las siclas para que uno no se caiga
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con materials duro que aguantan bastante peso.
Answer:
lo que dijo thay
Explanation:
Why do you suppose the federal government, as an employer, is interested in employee retention? (Select all that apply.)
It is costly to replace an employee; not only does the employer lose productivity but they have to train the replacement employee.
The federal government must maintain a very large bureaucracy to function and they cannot afford losing any employees.
The skills developed on the job grow the longer the employee is in that position, making them a more valuable.
Many federal employees have national security information that cannot be repeated once the employee leaves the position.
Answers
Answer:
It is costly to replace an employee; not only does the employer lose productivity but they have to train the replacement employee.
The skills developed on the job grow the longer the employee is in that position, making them a more valuable.
Explanation: i just had the same homework
sorry if im late
Posttest
Your boss called you inta meeting this morning to tell you that he feels that you are not being as productive as you could be. He thinks you are wasting time on things that don't matter. What is the best strategy to address his concerns and to help you overcome whatever productivity issues you may have?
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Approach your boss's concerns with an open mind, being transparent about your work activity, taking ownership of your progress, setting goals and deadlines, prioritizing your work, and using productivity tools can help to address any productivity issues you may be facing.
Tips that may help you approach the conversation with your boss in a productive manner:1. Listen carefully to your boss's concerns: Your boss's feedback is valuable, and it's important to listen to what they have to say about your productivity. Make sure to fully understand their concerns before responding.
2. Be transparent about your work:- Provide your boss with a detailed account of your work activities so that they can get a better sense of what you are spending your time on.
3.Take responsibility for improvement: As an employee, it's important to take ownership of your productivity issues and find solutions to any weaknesses that have been identified. Instead of blaming external factors, focus on what you can do differently to become more efficient and productive.
4. Set clear goals and deadlines: Work with your boss to set specific goals and deadlines for your work. This will help you stay focused and give you a clear sense of what you need to accomplish each day.
5. Prioritize your work: There are always going to be distractions and competing demands on your time, but it's important to prioritize your work based on what is most important and what will have the greatest impact on achieving your goals.
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In a financial statement audit of a nonissuer, an auditor would consider a judgmental misstatement to be a misstatement that:_____.
a. arises from a flaw in the accounting system.
b. arises from a routine calculation.
c. involves an estimate.
d. exists because of nonstatistical sampling performed by the auditor.
Answers
In a financial statement audit of a nonissuer, an auditor would consider a judgmental misstatement to be a misstatement that arises from a flaw in the accounting system. The correct answet is A.
Arises from a flaw in the accounting system is misstatement that involves an estimate is considered a judgmental misstatement. An auditor would define a judgemental misrepresentation as a misstatement resulting from a weakness in the accounting system in the context of an audit of a nonissuer's financial statements.
What does audit judgmental misstatement mean?Judgmental misstatement are comparisons that result from executive decisions about bookkeeping metrics that the reviewer finds ludicrous or from the selection or use of bookkeeping procedures that the reviewer finds unsightly.
The term "examiner judgment" shall be used to describe any decision or evaluation made by a reviewer that affects or supervises the cycle and outcome of an examination of financial reports. This article's main focus is on choices that knowledgeable inspectors using comparable circumstances might make.
A financial statement audit is a free auditor's evaluation of a substance's budget summaries and joint disclosures.
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As an alternative to selling shares of stock as a means of raising funds, a large company could, instead, a. use equity finance. b. purchase bonds. c. invest in physical capital. d. sell bonds.
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A large company could use selling bonds as an alternative to selling shares of stock as a means of raising funds.
What do you mean by bond selling?The company will look for potential buyers on the market. When the company acts as principal, as it does in the majority of bond transactions, it either sells you a bond that it already has (a process known as selling the bond from inventory) or purchases the bond from you for its own inventory.
The majority of bonds pay interest twice a year until they mature. The right to receive interest payments is forfeited if a bond is sold before its maturity date.
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Interview a business manager on the crisis experienced in the workplace
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Answer:
During an interview, a hiring manager may ask you about previous challenges you've faced in the workplace. The most effective answer to this question will highlight your problem-solving skills and professionalism. Preparing for this question ahead of time will provide you with greater confidence and a better chance of impressing the hiring manager. In this article, we discuss why employers ask this question, explain how to answer it and provide you with a list of example answers.
Explanation:
Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.
What is a Business Manager?A business manager can be defined as a person that help to manage a company or an organization business so as to ensure that the business is running effectively.
A business manger is in the right position to know the crisis happening in his/her workplace and how to effectively manage the crisis and to ensure smooth running of the business.
Therefore Interviewing a business manager on the crisis experienced in the workplace will help to know how efficient the business manger is.
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the consumer's income is $1,000. what is the consumer's marginal rate of substitution in equilibrium?
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When the consumer's income is $1,000, by using the Marginal rate of substitution, if he spends his entire budget, he will get 50 units of good X or 25 units of good Y.
Marginal rate of substitution= (price of good Y)/(price of good X)
Consider that the consumer spends his entire income on only two items, goods X and Y, which cost $10 and $20, respectively. If he buys one unit of good X, he can't buy anything else, and if he buys one unit of good Y, he won't be able to buy anything else. If he spends his entire budget, he will get 50 units of good X or 25 units of good Y.The formula for the marginal rate of substitution can be used to calculate the ratio of the goods he is willing to trade. The calculation is as follows:
MRS = ΔY/ΔX = MUx/MUy where
MRS is the marginal rate of substitution, MUx is the marginal utility of good X, MUy is the marginal utility of good Y.When the budget line and the indifference curve intersect, the consumer is in equilibrium. He is prepared to buy goods X and Y in such a way that their marginal utility ratios are equivalent to the price ratio, and he is happy with his current consumption.
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Mulligan Domestics Co. breached a contract by refusing to accept its order for 60 bolts of fabric from Wellington Mills, although the fabric met the contract specifications. In this situation, Wellington Mills a. may choose not to resell the fabric and settle for the difference between the contract price and the resale price. b. may resell the fabric to someone else and, if it sues Mulligan, Wellington Mills will be awarded the full contract price. c. may choose to resell the fabric and settle for the difference between the contract price and the resaleprice. d. would be awarded consequential damages by most courts.
Answers
In the case of breach of contract, Wellington Mills can resell the fabric to another buyer and potentially sue Mulligan for the full contract price as compensation. Legal outcomes may vary, and consulting legal professionals is advised. OPTION (B)
This is because, in cases of breach of contract, the non-breaching party is typically entitled to seek damages that would put them in the position they would have been in if the contract had been fulfilled.
Option (b) correctly states that Wellington Mills can resell the fabric to another buyer and, if they choose to pursue legal action, they have a strong chance of being awarded the full contract price as compensation for the breach.
This approach allows Wellington Mills to mitigate their losses and recover the financial damages caused by Mulligan's breach of contract.
However, it's important to note that specific legal outcomes can vary based on jurisdiction and the specific circumstances of the case. Consulting with legal professionals is advisable in such situations to determine the best course of action and the potential remedies available under applicable laws.
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what are three primary reasons for asking others to review and comment on a presentation
Answers
Answer: to review content for accuracy, suggest improvements, or document feedback
Explanation:
i just took it
two discount points on a 7% loan will increase the effective rate of interest on the loan to approximately what rate?
Answers
To estimate the change in interest due to the loan discount points paid, follow this straightforward formula: The rate of interest rises by around 1/8 percent for each point the lender charges. Step 2: To get to 7% (the rate the borrower paid), add 1/4% (the increase brought on by the reduction).
Mortgage borrowers can acquire discount points, a form of prepaid interest or fee, to reduce the amount of interest on their next monthly payments. In essence, they are paying more up front to pay less afterwards. Tax deductions apply to discount points. Discount points, a subset of mortgage points, are one-time, up-front closing costs for mortgages that offer borrowers access to discounted interest rates for the duration of the loan. Each discount point typically costs 1% of the total loan amount and decreases the interest rate on the loan by a quarter to an eighth of a percentage point.
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As Eddie scanned the employment opportunities on LinkedIn, he speculated that he might not qualify for some of the jobs. Eddie was concerned that his educational credentials and skills might not be compatible with the ________ for many of today's available jobs. Group of answer choices job analyses
Answers
Eddie was concerned that his educational credentials and skills might not be compatible with the job specifications for many of today's available jobs.
What is job specification?A job description that stresses an operator's mental and physical qualities as well as any particular skills required, in order to make employee selection and placement easier.
Educational requirements, training, technical abilities, experience, and personality attributes the organization needs for the person filling the function are all listed in the job specification.
Thus, job specification is applied here.
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If a company is going to export goods to a foreign market, the production process traditionally has been handled through:
fourth-party operations.
third-party operations.
domestic operations.
home-country operations.
domestic operations
Answers
If a company is going to export goods to a foreign market, the production process traditionally has been handled through domestic operations. Domestic operations refer to the manufacturing of goods, service delivery, and customer service activities that take place within a company's home country.
It can be performed in-house or by a third-party provider. For instance, a company that produces a product in the United States and then ships it to foreign markets is performing domestic operations because the product was manufactured in its home country.
Exporting a product is one example of how domestic operations can help a company expand its business beyond its home country.Exporting goods to a foreign market is not restricted to domestic operations, but it can also be performed by third-party operators.
Nevertheless, it is not a customary practice to have fourth-party operations involved in the manufacturing of goods because it may be difficult to monitor the quality of the goods being produced by the fourth-party.
Hence, home-country operations (domestic operations) are the most usual and viable option when exporting goods to a foreign market.
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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to compute equivalent units for conversion costs, it is necessary to know
Answers
To compute equivalent units for conversion costs, it is necessary to know the percentage of completion for units in process.
Equivalent units for conversion costs are calculated to determine the number of partially completed units in a production process, taking into account the degree of completion for those units. The percentage of completion refers to the proportion of work completed on units that are still in the process of being manufactured or processed.
By knowing the percentage of completion for units in process, the total amount of work done on these units can be estimated. This information is crucial for accurately allocating conversion costs to the partially completed units. Conversion costs include direct labor and manufacturing overhead expenses incurred during the production process.
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To compute equivalent units for conversion costs, it is necessary to know the percentage of completion for units in process?
Determine which of the statements below accurately describe services provided by a bank. (Check all that apply.)
A. To withdraw money from an account, the depositor can use a check.
B. Each bank deposit is supported by a check.
C. A bank account is a record set up by a bank for a customer.
D. To limit access to a bank account, all persons authorized to write checks on the account must sign a deposit slip.
E. Each bank deposit is supported by a deposit ticket.
Answers
Answer:
I think its A, C and E
To withdraw money from an account, the depositor can use a check.
Each bank deposit is supported by a deposit ticket.
A bank account is a record set up by a bank for a customer.
Explanation:
4. What is the law of demand?
Answers
Answer:
The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded. This occurs because of diminishing marginal utility.
What is one result of competition in a free-market economy?
A. Businesses control the price that all the companies within an
industry can charge.
B. Consumers can choose which company's products they want to
buy.
C. The government decides who is allowed to compete in the market.
D. Traditional values determine who will compete in the market.
Answers
Given a need to raise capital of $2 million and attorney costs of $150,000, with an underwriter's spread of 3%, the amount of bond issuance should be:
Answers
Answer:
The amount of bond issuance is $2,085,500
Explanation:
The computation of the amount of bond issuance is shown below:
= Raise capital + attorney cost - underwriter spread
= $2,000,000 + $150,000 - 3% of $2,150,000
= $2,150,000 - 3% of $2,150,000
= $2,150,000 - $64,500
= $2,085,500
Hence, the amount of bond issuance is $2,085,500
We simply applied the above formula so that the correct value could come
T or F: Per capita sales of cigarettes in the U.S. started to decrease in 1990.
Answers
False.Per capita sales of cigarettes in the U.S. did not start to decrease in 1990.
In fact, the per capita sales of cigarettes in the U.S. started to decline significantly after the release of the Surgeon General's report on smoking and health in 1964. This report highlighted the health risks associated with smoking, leading to increased awareness and subsequent decreases in cigarette consumption.
Since then, various factors such as increased public health campaigns, higher taxes on cigarettes, smoking bans in public places, and changing social attitudes have contributed to a consistent decline in per capita cigarette sales.
The decrease in per capita sales of cigarettes in the U.S. did not begin in 1990 but rather started after the Surgeon General's report on smoking and health in 1964
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01-028 - What does the phrase, Data Analysis Life Cycle describe?
Answers
The Data Analysis Life Cycle (DALC) is an iterative process used to analyze data and extract insights from it.
It entails a set of procedures that can be used to gather, purify, process, and examine data in order to spot patterns or trends.
The cycle then repeats itself in a loop, using the analysis's findings to either improve the original data set or generate a brand-new one. The data preparation, data exploration, data modelling, data analysis, results interpretation, and report generation are the six primary processes in the cycle.
Each phase is intended to assist in extracting the most significant and pertinent data from the data set and generating insights that can be put to use.
The cycle can be carried out as many times as required to produce the desired result.
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The process used to accomplish organizational goals through planning, organizing, leading, and controlling organizational resources is.
Answers
Answer:
Management
Explanation:
Management is a very important part of any business no matter the type of business. In most cases there are 5 management functions that help an organization run as smoothly as possible and to help accomplish any and all goals and objectives a business may have.
The five managerial functions that help an organization run smoothly are, organizing, planning, directing, controlling and staffing. Each are equally important and play a pivotal role in any organization.
The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
Answers
Which of the following statements are correct?
Select the correct option(s) and click submit.
Agile and Design Thinking are same
Design Thinking is about Product Development. Agile Manifesto is about Software Development
Design Thinking is finding the right things and Agile is about building the right things
Design Thinking is building the right things and Agile is about finding the right things
Submit
Answers
Product Development is the focus of Design Thinking. The Agile Manifesto is concerned with software development.
Design Thinking is about discovering the right things, while Agile Manifesto is about creating the right things. Hence, option b) is correct.
Design thinking is a problem-finding methodology, whereas agile is a problem-solving methodology. It requires a high level of end-user empathy and comprehension, as well as an iterative process of developing new ideas, debunking assumptions, and redefinition of problems.
Agile Manifesto and Design thinking fosters a user-centric environment that emphasizes rapid iterations to achieve the best results. Use agile development to collaboratively build solutions to problems identified through design thinking.
Design thinking prioritizes the needs of the user, and Agile is an excellent method for delivering solutions gradually. The user's needs are considered throughout the design and development process.
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Indicate what impact the following transactions would have on the accounting equation, Assets = Liabilities + Equity. Transaction impact table Impact 1 Impact 2 Paid monthly note payment to bank Sold inventory on account Bought supplies, to be paid for next month Received cash from sales this month Paid for inventory purchased on account last month
Answers
Answer:
The impact of the transactions on the accounting equation, Assets = Liabilities + Equity, is as follows:
Paid monthly note payment to bank:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Bank Loan) decreases
Sold inventory on account:
Impact 1: Assets (Accounts Receivable) increases
Impact 2: Equity (Revenue) increases
Bought supplies, to be paid for next month:
Impact 1: Assets (Supplies) increases
Impact 2: Liabilities (Accounts Payable) increases
Received cash from sales this month:
Impact 1: Assets (Cash) increases
Impact 2: Equity (Revenue) increases
Paid for inventory purchased on account last month:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Accounts Payable) decreases
It is important to note that for each transaction, one side of the equation must increase and the other side must decrease in order to keep the equation in balance.
Explanation:
Gordon is over 65 what is his adjusted gross income
Answers
Answer:
huh
Explanation:
hbybibhbil
The main outputs of which process are a quality management plan, quality metrics, project management plan updates, and project documents updates?
Answers
Answer:
Process asset updates.
Explanation:
Quality assurance assessments, validated modifications, authenticated deliverables, performance at work indicators, configuration management, project management plan modifications, project document security patches, and organisational process asset updates are the key outputs of quality assurance.
pdf walker, john, bob dixon 2014. machining fundamentals ninth edition tinley park, il: the goodheart-willcox company, inc. isbn 978-1-61960-209-0
Answers
The book "Machining Fundamentals" by Walker, Dixon, and Bob (2014) provides a comprehensive introduction to the principles of machining.
What are the key topics covered in the book "Machining Fundamentals"?"Machining Fundamentals" covers a wide range of topics related to machining processes. The book delves into areas such as machine tools, cutting tools, measurement and inspection, cutting fluids, machining operations, and computer numerical control (CNC) machining. It provides detailed explanations of various machining techniques, including turning, drilling, milling, grinding, and nontraditional machining processes like electrical discharge machining (EDM) and laser cutting. Additionally, the book discusses important concepts such as speeds and feeds, surface finish, tool wear, and troubleshooting common machining problems. With its emphasis on both theory and practical application, "Machining Fundamentals" serves as a valuable resource for students, apprentices, and professionals seeking to develop a strong foundation in machining processes.
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