1. Which of the following is NOT one of the primary benefits of investing in real estate income property? a. Net Income - Dollars left over after collecting rent and paying expenses but before considering taxes and financing costs b. Property Sale - Expecting a price increase over a specified holding period increases investor return c. Diversification - Reducing overall risk to hold many types of investments d. Business cycles - Real estate income properties tend to generate higher incomes when other investments are in decline 2. Which of the following statements regarding equity is TRUE? a. The amount of equity an investor has in a property may change over time if the property value and loan bulance changes. b. The amount of equity an investor has in a property depends on the value of the cquity the investor has in his or her other investments. c. The outstanding loan balance on the property does not affect the amount of equity an investor has in the property. d. All of the choices are true statements. 1. Which of the following is NOT one of the primary benefits of investing in real estate income property? a. Net Income - Dollars left over after collecting rent and paying expenses but before considering taxes and financing costs b. Property Sale - Expecting a price increase over a specified holding period increases investor return c. Diversification - Reducing overall risk to hold many types of investments d. Business cycles - Real estate income properties tend to generate higher incomes when other investments are in decline 2. Which of the following statements regarding equity is TRUE? a. The amount of equity an investor has in a property may change over time if the property value and loan bulance changes. b. The amount of equity an investor has in a property depends on the value of the cquity the investor has in his or her other investments. c. The outstanding loan balance on the property does not affect the amount of equity an investor has in the property. d. All of the choices are true statements