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Real Estate Terms
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Smart Investor Moves
Fun Facts
100

You rent out your home or a spare room for short stays, like when someone is visiting a city for a few days. What is this called?

What is Airbnb?

100

This is the monthly payment you make to live in a house or apartment you don’t own. What is it called?

What is Rent?

100

True or False: A small 2-bedroom house in Los Angeles usually costs less than $100,000.    

What is False?

100

If your rental home has a broken toilet, should you fix it or ignore it?    

What is Fix it?

100

True or False: The White House is a type of real estate.    

What is True?

200

You find a house for sale, but instead of buying it yourself, you connect a buyer and seller together and earn a fee. What is this called?

What is Wholesaling?

200

When you borrow money from a bank to buy a house, this loan is called a ___.

What is a Mortgage?

200

Which costs more: a mansion or a tiny house?

What is a Mansion?

200

True or False: It’s smart to check how safe a neighborhood is before buying a house there.

What is True?

200

This U.S. city has some of the most expensive homes — hint: tech companies love it here!    

What is San Francisco?

300

You buy an ugly or damaged house, fix it up, and then sell it quickly for a profit. What is this called?

What is Fix and Flip?

300

The amount of money a house is really worth is called its ___.

What is Value?

300

A house in New York City costs $1 million. A similar house in Georgia costs $300,000. Which is the better deal?

What is the house in Georgia?

300

You have $100,000. Should you spend it all on one property or save some for emergencies?    

What is Save some for emergencies?

300

Some people live in small houses that are smaller than most bedrooms. What are these called?

What are Tiny Homes?

400

You own a house or an apartment and you rent it to someone to live in, collecting monthly payments. What is this called?

What is being a Landlord?

400

When you fix a broken roof, paint the walls, and make a house look better before selling it, you are making ___.

What are Repairs or Renovations?(accept either word)

400

Which would likely cost more: a house by the beach or a house in the countryside?    

What is the house by the beach?

400

Your house goes up in value over time. That extra value is called ___.

What is Equity?

400

What room in the house is usually the most expensive to remodel?    

What is the Kitchen?

500

You buy land or old buildings and build new homes, apartments, or shopping centers to sell or rent out. What is this job called?

What is a Developer?

500

The person who helps you buy or sell a house is called a ___.

What is a Real Estate Agent?

500

You see two houses for sale. One is falling apart but in a rich neighborhood. One looks nice but is in a bad area. Which one might be smarter to buy?

 What is the house in the rich neighborhood?(because of location!)

500

You want to buy a house to flip. What’s a smart thing to do before buying? (Hint: it’s like a house check-up!)

What is Get an inspection?

500

What’s the tallest building in the U.S.? (Hint: it’s in New York!)

What is One World Trade Center?

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