Property Management
A Washington rental property owner wants their property manager to maximize NOI. The manager should focus on:
AMaximizing gross rents regardless of expenses
BIncreasing effective gross income while controlling operating expenses to maximize NOI✓ Correct
CReducing expenses to zero
DCharging above-market rents to maximize income
Explanation
Maximizing NOI requires both increasing effective gross income (through market-rate rents, high occupancy, and additional income) and controlling operating expenses. Both sides of the equation must be managed effectively.
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