31. What is the term used to describe the process of buying a property with the intention of selling it quickly for a profit?
a) Buy and hold
b) Fix and flip
c) Rental income
d) Long-term investment
32. Which of the following is NOT a factor to consider when evaluating a potential real estate investment?
a) Location
b) Market conditions
c) Return on investment (ROI)
d) Stock market performance
33. What is the term used to describe the ratio of a property’s net operating income to its purchase price?
a) Capitalization rate
b) Rental yield
c) Return on investment (ROI)
d) Cash flow
34. Which of the following is NOT a common method to finance a real estate investment?
a) Cash purchase
b) Mortgage loan
c) Seller financing
d) Mutual funds
35. What is the term used to describe the income generated from rental properties after deducting expenses?
a) Net operating income (NOI)
b) Gross income
c) Capital gains
d) Return on investment (ROI)
