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Reflection Paper, Personal Statement Example

Pages: 1

Words: 299

Personal Statement

It has been a personal gain on the part of the author of this reflection paper that the lessons on property management have been imparted through this subject. From this subject it has been learned that when it comes to the management options instituted towards properties there are other elements top consider. Among the said aspects is maintenance. To support such option of property management, owners also have to implicate a sense of expenses as they try to create possible conditions by which the said properties are insured for the sake of future valuation and continuous source of maintaining provisions at present.

To be able to decide on what sort of property maintenance options to consider, it is important to consider what risks might actually affect the value of the properties through time. It is rather a known fact that every property incurs a value of depreciation at the passing of each year. To make sure that the value of an asset is retained through time, considering insurances and pension funds is a very important decision on the part of the owners. Choosing the right kind of insurance plays a great role on how the properties are to be protected. The owners are then commissioned to see a definite operation on how they are to likely assure that their properties are well protected from risks in the economy and even in relation to the internal operations of the business.

From these lessons, I have personally learned that properties as a whole are considered as investments and capital assets that business owners or even individual holders could  specifically depend upon in coming years of economic destabilization. Relatively though, these properties ought to be maintained and protected; doing so should insist on the capacity of the owners to decide properly on the matter.

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