AHRM 2676 - EXAM 2 Review

AHRM 2676 - EXAM 2 Review - Know importance of a lease up...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Income and Expenses: (Feb. 18 th ) Entire Income Statement How to get from GPR down to Cash flow Given GPR and expenses: Calculate NOI Given Total Income, Vacancy/Collection loss, and expenses: Calculate NOI DO NOT need Vacancy/Collection Loss Can you refuse to accept cash? NO (it is a form of legal tender) Know how a budget works and figure out Cash Flow
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Know importance of a lease up budget Factors that go into preparing a budget Different types of expenses: Assets, Liabilities Loss to old lease Different types of valuation Purposes of a budget Types of accounting, cash and accrual Stabilize budgets, rehab budgets Break Even Occupancy Upgrades in renovations...
View Full Document

This note was uploaded on 04/02/2008 for the course AHRM 2676 taught by Professor Ms.k.mitchell during the Spring '08 term at Virginia Tech.

Ask a homework question - tutors are online