Describe traditional approaches to risk management.

Words: 167
Pages: 1
Subject: Uncategorized

In property management, there are four risks that are focused upon. They include the following: 1. Failing net rents 2. Unexpected repair costs 3. Capitalization rates rise 4. Lower than expected income growth Focus your interview on the four risk areas listed above. After the interview, prepare a risk management plan for a property management company. Include the risks listed above and any other risks that you were identified during the interview. Your risk management plan should include the following: 1. Definition of each risk 2. Causes of the risk 3. Traditional approaches to risk management 4. Alternative approaches to risk management 5.

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