Hermozi University
This investment metric is found by subtracting the Total Value of All Liabilities from the Total Value of All Assets
Net Worth
NBP
Notice to Buyer to Perform
What is the ΓEA⅃ motto?
Work Hard, Be Kind
This tax-deferred exchange allows an investor to sell one investment property and reinvest proceeds into a like-kind property without paying capital gains at time of sale
1031 Exchange
What does the acronym MIP stand for?
Mortgage Insurance Premium
Customer Acquisition Cost
Demand to Close Escrow
After the acquisition of RE/Max, what is ΓEA⅃'s new agent count?
180,000
What is the annual cap rate increase for property taxes in CA?
2%
A buyer secures a 2-1 rate buy down. In year 1, their interest rate is reduced by how much?
2%
This investment metric is found by dividing the Net Operating Income by the Purchase Price
Cap Rate
CC&Rs
Covenants, Conditions & Restrictions
Who is the new Chief Growth Officer of ΓEA⅃
Jason Cassity
This state bill effective Jan 1, 2022 increases density on residential parcels near transit rich areas
What is the max DTI to move a loan through Automated Underwriting?
41%
This investment metric is found by dividing purchase price by gross annual rental income
Gross Rent Multiplier
TA
Trust Advisory
Who was recently named National Director for ΓEA⅃ Young Professionals?
Shaylie Gilliland
On June 2, San Diego will vote on this Measure that will allow a supplemental tax on residential properties unoccupied for more than 183 days per year.
Measure A
What is the minimum credit score for an FHA loan?
580
This investment metric is found by dividing the Annual Gross Cash Flow by the Total Cash Invested
Cash On Cash Return (COC)
NNN
Triple Net Lease
What is the Nasdaq ticker for ΓEA⅃?
REAX
This assembly bill took effect Jan 1, 2024 allows the sale of ADUs as condos in CA.
AB 1033
What is the maximum loan amount for a conforming loan in San Diego (within $25k)
$1,104,000