0 Registrations in Cart
. If you are a returning student or previously created an AI website account, please log in.
Back to Schedule
Select an Offering
General Appraiser Income Approach/Part 1
May 21 - 24, 2013
* includes late fee
Matthew Larrabee, MAI
Phoenix Inn & Suites
9575 SW Locust Street
to check state approvals
Sponsor / Contact
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:
Delivery Method: Group-Live
Table of Contents and Overview
Those seeking general Appraiser Certification, underwriters, lenders, and assessors.
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.
Using a Financial Calculator; Symbols and Formulas, Capitalization Selection Tree, and Sample Problems;
Financial Calculator Practice Exercises
For additional help with the HP12C calculator, take our online seminar,
Using Your HP12C Financial Calculator.
Laptops NOT REQUIRED
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.
Up To 15 days prior to program start date, refund in full.
7 - 14 days prior to program start date, $50.00 cancellation fee.
Less than 7 days prior to program start date, forfeit of payment.
Up To 15 days prior to program start date, no transfer fee.
7 - 14 days prior to program start date, $25.00 transfer fee.
Less than 7 days prior to program start date, no transfer allowed.
If you have a disability and require accommodation, please notify the chapter office at least two weeks in advance and we will arrange for reasonable accommodation. We reserve the rights to change instructors,cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time.Be sure to contact the Chapter office before making flight reservations. We are not responsible for any travel fees incurred if a class is cancelled for low attendance
Program materials can be downloaded by the student or can be picked up at the site.
The class will be held at the Phoenix Inn & Suites/9575 SW Locust Street, Tigard, OR. When making lodging reservations mention the Appraisal Institute to get a better room rate. Contact 503.624.9000 for lodging.Registration is 8:00am-8:30am on day one of class, class hours are 8:30am-5pm. The instructor will give you the time for day two of the class. If you have a disability and require accommodation, please notify the chapter office at least two weeks in advance and we will arrange for reasonable accommodation. We reserve the rights to change instructors,cancel, limit, or reschedule the course and to change faculty assignments and facility locations at any time.Be sure to contact the Chapter office before making flight reservations. We are not responsible for any travel fees incurred if a class is cancelled for low attendance.