1st drop down, question 3:

a) residential

b) commercial

2nd drop down, question 4:

a) a closed-end

b) an open-end

Comparing Real Estate Investments Suppose Carlos wants to invest in real estate and is considering two different residential properties. Based on the expected incomes and operating expenses of each, he estimates that the first property (property A) has an NOT of $42.000 and that the other property B) has an NOT of $31,000. if the cap rate is 10%, property A has an estimated value of 5 and property has an estimated value of 58 . In deciding between these two properties, it is important for Carlos to consider other tactors, or hele first time investor, he is probably better off investing in property. (Note: Round your answers to two decimal places Alternatively, Carlos might want to consider investing in a real estate investment Crust (REIT), a type of investment company that operates similarly to mutual fund. Which of the following statements regarding REITs are true? Check all eat any They allow individuals to buy shares in a real estate-based stock portfolio A REITs own income-producing real estate such as office buildings and hotels. They pay dividends. They can increase the diversification of individuals who are already invested in the stock market