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General Appraiser Income Approach/Part 1
FULL
Date:
May 6 - 9, 2013
Location:
Indianapolis, IN
Course
Category
General [Gen]
Attendance Hours
27.0
Exam Hours
3.0
Current Price
$ 500.00
AI
*
$ 550.00
Full
*
* includes late fee
Late Fee
$ 50.00
Instructor
S. Warren Klutz, III, MAI, SRA
Location
Name
Indianapolis, IN
Address
9247 North Meridian Street
Classroom I (first floor - north end)
City
Indianapolis
State
IN
Zip
46260
Click Here
to check state approvals
Sponsor / Contact
Chapter
Hoosier State
Website
www.aihsc.org
Contact Name
Shannon O'Keefe
Email
aihoosierstate@sbcglobal.net
Phone
(317) 815-1340
Description
After a brief review and introduction,
General Appraiser Income Approach/Part 1
opens with a graphic treatment of the time value of money, the six financial functions of a dollar, and important associated concepts. A thorough, detailed analysis of gross income including leases and the various expenses appropriately deducted from gross income follows, with realistic case studies of several income property types. Direct capitalization is then presented using overall capitalization rates, band of investment, and residual techniques. Substantial class time is devoted to practicing the taught concepts to prepare participant for the exam.
The Appraisal Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN, 37219-2417. Web site:
www.nasba.org
.
Delivery Method: Group-Live
Downloads
Table of Contents and Overview
[PDF]
Course Schedule
[PDF]
Audience
Those seeking general Appraiser Certification, underwriters, lenders, and assessors.
Equipment
HP12C calculator
HP12C calculator user's manual
You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator.
Free Review
Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems;
and
Financial Calculator Practice Exercises
For additional help with the HP12C calculator, take our online seminar,
Using Your HP12C Financial Calculator.
Laptops NOT REQUIRED
Prerequisites
Basic Appraisal Principles
Basic Appraisal Procedures
Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.
For Further Reading
The Appraisal of Real Estate, 13th ed.
The Dictionary of Real Estate Appraisal, 5th ed.
Rates and Ratios Used in the Income Capitalization Approach
Mathematics for Real Estate Appraisers
Capitalization Theory and Techniques Study Guide, 3rd ed.
Disclaimer
Cancellation Policy
Up To 15 days prior to program start date, refund in full.
10 - 14 days prior to program start date, $100.00 cancellation fee.
Less than 10 days prior to program start date, forfeit of payment.
Transfer Policy
Up To 15 days prior to program start date, $25.00 transfer fee.
10 - 14 days prior to program start date, $50.00 transfer fee.
Less than 10 days prior to program start date, no transfer allowed.
Program materials can be downloaded by the student or can be picked up at the site.
Additional Information
CLASS LOCATION: 9247 N. Meridian Street, Indianapolis, IN 46260. Classroom is on the first floor north end of building.
ATTENDANCE: Please note registration runs from 8:00AM to 8:30AM with instruction starting PROMPTLY at 8:30AM. Following Appraiser Qualifications Board minimum criteria requirements, 100% ATTENDANCE IS REQUIRED FOR ALL APPRAISAL INSTITUTE EDUCATION PROGRAMS. Students should not be late or leave early. Those missing class times may not receive credit.
HOTELS: To take advantage of special rates that the Hoosier State Chapter of the Appraisal Institute has negotiated, please mention you are with the Appraisal Institute when booking any of the following accommodations:
Hyatt Place
9104 Keystone Crossing
Indianapolis, IN 46240
1-888-492-8847
317-843-0064
tracy.walkup@Hyatt.com
($102 King or Double Bed)Complimentary continental breakfast, internet, Hyatt's Stay Fit Gym, & swimming pool.
HILTON HOMEWOOD SUITES
2501 East 86th Street
Indianapolis, IN 46240
1-800-225-5466
317-253-1919
($107 Great Value!) Large 1 bedroom suites with a separate kitchen and living room, fully renovated in 2009. All stays include a complimentary full hot breakfast, dinner with cocktails M-TH, high speed internet, a workout facility & transportation to the classroom. To register online, cut and paste the following into your web browser: http://homewoodsuites.hilton.com/en/hw/reservations/index.jhtml?hotel=INDKCHW&corporateCode=560004829
MARRIOTT SPRINGHILL SUITES
11855 North Meridian Street
Carmel, IN 46032
1-888-287-9400
($99): all-suite hotel with newly renovated suites, complimentary hot breakfast buffet, free Wi-Fi, complimentary health club membership in addition to onsite workout facility, indoor pool and whirlpool
COMFORT INN & SUITES
9090 Wesleyan Road
Indianapolis, IN 46268
1-800-414-6423
317-875-7676
($59.95); room and deluxe continental breakfast