Introduction to Real Estate - REAL 101

Covers property types, valuation, mortgages, leases, markets, development, investment basics, and real estate terminology.

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Study guides

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1 Real Estate Fundamentals and Property Types

Learn how real estate and property interests are defined, classified, valued, financed, occupied, and managed, and how different participants contribute to real estate transactions and projects.
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2 Real Estate Markets

Learn how supply, demand, national forces, and local conditions shape real estate markets, and how to evaluate market changes using multiple indicators.
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3 Real Estate Valuation

Learn how real estate value is estimated for a defined property interest and date, how the three principal valuation approaches work, and how appraisers reconcile their evidence.
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5 Leases and Property Management

Learn how lease terms allocate occupancy rights, rent, expenses, and responsibilities, and how property managers coordinate leasing, maintenance, and compliance.
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4 Mortgages and Real Estate Finance

Learn how mortgage contracts, loan structures, costs, and repayment schedules work, and how lenders and investors assess real estate financing risk.
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6 Real Estate Development

Learn how real estate projects move from choosing a site and testing feasibility through approvals, financing, construction, and the transition to operations.
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7 Real Estate Investment Basics

Learn how to estimate rental-property income and costs, compare investment returns, test financing assumptions, and understand major real estate risks.
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