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    Advanced Income Capitalization

    Register
    Date
    January 16-26, 2024
    Location
    Sponsor
    Appraisal Institute
    Instructor
    Gary S. DeWeese, MAI
    Class Time
    30 hours
    Exam Time
    3 Hours
    Full Price
    $1,300.00
    AI Price
    $1,000.00
    Enroll by January 26!
    View Pricing Options
    Synchronous
    Topics:
    Valuation Approaches
    Continuing education
    Elevate your career
    Professional Development Program
    Commercial
    Course Description
    Explore advanced applications of the income capitalization approach. Discounted cash flow analysis provides the
    framework for much of the discussion of investment analysis concepts, emphasizing an understanding of the relationships among the various components of DCF, financial leverage, and risk analysis. Hands-on computer spreadsheet modeling techniques are illustrated.
     
    Note. This course is in the Real Estate Analyst Professional Development Program. View this list of FAQs, which includes information regarding the courses you’ll need to complete the program successfully. 
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    Who Should Enroll
    • General real property appraisers with a solid background in the income capitalization approach
    • Candidates for Designation who are working toward an MAI designation
    • Accountants
    AI CE Points
    Attend:
    275
    pts
    Attend & Pass Exam:
    375
    pts
    Pass Only:
    325
    pts
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AK CE 35 32 3 Synchronous Synchronous 03/16/2019 06/15/2026 15215
    AK QE 35 32 3 Synchronous Synchronous 03/16/2019 06/15/2026 15215
    AL CE 32 32 Synchronous Livestream 10/01/2022 09/30/2024 C02661
    AL CE 35 32 3 Synchronous Synchronous 10/01/2022 09/30/2024 C02661
    AL QE 35 32 3 Synchronous Synchronous 10/01/2022 09/30/2024 C02661
    AL QE 35 32 3 Synchronous Livestream 10/01/2022 09/30/2024 C02661
    AR CE 30 30 Synchronous Synchronous 07/01/2022 06/13/2025
    AR QE 33 30 3 Synchronous Synchronous 07/01/2022 06/13/2025
    AZ CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    AZ CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    AZ QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    CA CE 30 30 Synchronous Livestream 09/02/2022 09/01/2026 10754211
    CA CE 30 30 Synchronous Synchronous 05/09/2021 05/08/2025 13CP754601053
    CA QE 33 30 3 Synchronous Livestream 09/02/2022 09/01/2026 10754211
    CA QE 33 30 3 Synchronous Synchronous 05/09/2021 05/08/2025 13CP754601053
    CO CE 30 30 Synchronous Synchronous 02/19/2022 02/18/2025 2147
    CO CE 33 30 3 Synchronous Synchronous 02/19/2022 02/18/2025 2147
    CO QE 33 30 3 Synchronous Synchronous 02/16/2022 02/18/2025 2147
    CT CE 32 32 Synchronous Synchronous 02/03/2022 02/03/2025 AAL.000887
    CT CE 32 32 Synchronous Livestream 02/03/2022 02/03/2025 AAL.000887
    CT QE 35 32 3 Synchronous Synchronous 02/01/2022 02/01/2025 APR.000243
    CT QE 35 32 3 Synchronous Livestream 02/02/2022 02/03/2025 APR.000243
    DC CE 35 32 3 Synchronous Livestream 01/01/2022 02/28/2024 4063
    DC CE 32 32 Synchronous Synchronous 12/18/2014 02/28/2024 3126
    DC QE 35 32 3 Synchronous Livestream 01/01/2022 02/28/2024 4063
    DC QE 35 32 3 Synchronous Synchronous 12/17/2014 02/28/2024 3126
    DE CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    DE CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    DE QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    FL CE 20 20 Synchronous Synchronous 02/01/2023 01/18/2025 0009366
    GA CE 32 32 Synchronous Synchronous 02/10/2022 02/18/2025 73970
    GA QE 35 32 3 Synchronous Synchronous 02/10/2022 02/18/2025 73969
    HI CE 33 30 3 Synchronous Synchronous 01/01/2022 12/31/2023 22-156
    HI CE 30 30 Synchronous Synchronous 01/01/2022 12/31/2023 22-156
    HI CE 30 30 Synchronous Synchronous 01/01/2024 12/31/2024 23-461
    HI CE 33 30 3 Synchronous Synchronous 01/01/2024 12/31/2024 23-461
    HI QE 33 30 3 Synchronous Synchronous 01/01/2022 12/31/2023 22-156
    HI QE 33 30 3 Synchronous Synchronous 01/01/2024 12/31/2024 23-461
    IA CE 30 30 Synchronous Synchronous 02/01/2022 02/18/2025 A518-1227
    IA QE 33 30 3 Synchronous Synchronous 02/01/2022 02/18/2025 A518-1228
    IA QE 33 30 3 Synchronous Synchronous 02/01/2022 02/18/2025 A518-1229
    ID CE 30 30 Synchronous Synchronous 05/18/2021 08/31/2026
    ID QE 33 30 3 Synchronous Synchronous 05/18/2021 08/31/2026
    IL CE 32 32 Synchronous Livestream 01/01/2022 12/31/2024 575.010503
    IL CE 30 30 Synchronous Synchronous 01/01/2023 12/31/2024 575.010503
    IL QE 33 30 3 Synchronous Synchronous 01/01/2023 12/31/2024 573.000599
    IL QE 33 30 3 Synchronous Livestream 01/01/2023 12/31/2024 573.000705
    IN CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    IN CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    IN QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    KS CE 32 32 Synchronous Synchronous 01/01/2023 12/31/2023 157.C22.R
    KS QE 35 32 3 Synchronous Synchronous 01/01/2023 12/31/2023 294.P22.R
    KY CE 35 32 3 Synchronous Synchronous 07/01/2023 06/30/2024
    KY CE 35 32 3 Synchronous Synchronous 07/01/2023 06/30/2024
    KY QE 35 32 3 Synchronous Synchronous 07/01/2023 06/30/2024
    KY QE 35 32 3 Synchronous Synchronous 07/01/2023 06/30/2024
    LA CE 32 32 Synchronous Synchronous 02/19/2022 02/18/2025 A0223
    LA QE 35 32 3 Synchronous Synchronous 02/19/2022 02/18/2025 A0223
    MA CE 32 32 Synchronous Synchronous 12/23/2021 02/18/2025 120083
    MA QE 33 30 3 Synchronous Synchronous 09/01/2023 08/31/2026 10051234
    MD CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    MD CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    MD QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    ME CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    ME CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    ME QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    MI CE 32 32 Synchronous Livestream 01/01/2022 03/31/2024
    MI CE 32 32 Synchronous Livestream 01/01/2022 03/21/2024 1519
    MI CE 30 30 Synchronous Synchronous 09/20/2022 02/18/2025 2368
    MI QE 35 32 3 Synchronous Livestream 01/01/2022 03/21/2024 1519
    MI QE 33 30 3 Synchronous Synchronous 09/20/2022 02/18/2025 2368
    MN CE 33 30 3 Synchronous Livestream 04/30/2022 04/30/2024
    MN CE 33 33 Synchronous Livestream 04/30/2022 04/30/2024
    MN CE 35 32 3 Synchronous Synchronous 03/01/2023 02/28/2025 1017912
    MN QE 33 30 3 Synchronous Livestream 04/30/2022 04/30/2024
    MN QE 35 32 3 Synchronous Synchronous 03/01/2023 02/28/2025 1017911
    MO CE 32 32 Synchronous Synchronous 02/18/2022 02/18/2025
    MO QE 35 32 3 Synchronous Synchronous 02/18/2022 02/18/2025
    MS CE 30 30 Synchronous Synchronous 02/28/2019 02/24/2024 MAB #49604
    MS CE 30 30 Synchronous Synchronous 02/25/2024 07/27/2025 MAB #49604
    MS QE 33 30 3 Synchronous Synchronous 02/28/2019 02/24/2024 MAB #49604
    MS QE 33 30 3 Synchronous Synchronous 02/25/2024 07/27/2025 MAB #49604
    MT CE 30 30 Synchronous Synchronous 02/16/2022 02/16/2025 REA-CEC-REC-14899
    MT QE 33 30 3 Synchronous Synchronous 02/16/2022 02/16/2025 REA-CEC-REC-14899
    NC QE 30 30 Synchronous Synchronous 01/01/2023 12/31/2023
    ND CE 33 30 3 Synchronous Livestream 01/01/2022 CE-201005
    ND CE 33 30 3 Synchronous Livestream 01/01/2022
    ND CE 35 32 3 Synchronous Synchronous 05/02/2013
    ND QE 33 30 3 Synchronous Livestream 01/01/2022
    ND QE 35 32 3 Synchronous Synchronous 05/02/2013
    NE QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    NH CE 33 30 3 Synchronous Synchronous 03/18/2022 02/18/2025
    NH CE 30 30 Synchronous Synchronous 03/18/2022 02/18/2025
    NH QE 33 30 3 Synchronous Synchronous 03/18/2022 02/18/2025
    NJ CE 30 30 Synchronous Synchronous 09/01/2023 08/31/2026 2023-3430
    NJ QE 33 30 3 Synchronous Synchronous 09/01/2023 08/31/2026 2023-3430
    NM CE 30 30 Synchronous Synchronous 02/19/2022 08/31/2026 4291
    NM QE 33 30 3 Synchronous Synchronous 02/19/2022 08/31/2026 4291
    NV CE 30 30 Synchronous Synchronous 10/01/2019 06/30/2024 CE.0009729-A
    NV QE 33 30 3 Synchronous Synchronous 10/01/2019 06/30/2024 PL.0009434-A
    NY CE 30 30 Synchronous Synchronous 01/01/2023 12/31/2023 A3608-28
    NY CE 30 30 Synchronous Synchronous 01/01/2024 12/31/2024 A4089-28
    NY QE 33 30 3 Synchronous Synchronous 01/01/2023 12/31/2023 A4089-28
    NY QE 33 30 3 Synchronous Synchronous 01/01/2024 12/31/2024 A4089-28
    OH CE 32 32 Synchronous Synchronous 01/01/2023 12/31/2023 923201303A 22
    OH CE 32 32 Synchronous Synchronous 01/01/2023 12/31/2023 923300703A 22
    OH QE 35 32 3 Synchronous Synchronous 06/05/2013
    OH QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    OK CE 30 30 Synchronous Synchronous 02/07/2022 02/18/2025 874
    OK QE 35 32 3 Synchronous Synchronous 02/07/2022 02/18/2025 668
    OR CE 35 33 2 Synchronous Synchronous 09/01/2023 08/31/2026 APIN-Q-1121-8900
    OR QE 35 33 2 Synchronous Synchronous 09/01/2023 08/31/2026 APIN-Q-1121-8900
    PA CE 32 32 Synchronous Livestream 01/01/2022 02/11/2024
    PA CE 32 32 Synchronous Synchronous 03/04/2022 02/11/2024
    PA CE 30 30 Synchronous Synchronous 07/25/2022 02/18/2025
    PA QE 35 32 3 Synchronous Livestream 01/01/2022 02/11/2024
    PA QE 33 30 3 Synchronous Synchronous 07/25/2022 02/18/2025
    PR CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    PR CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    PR QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    RI CE 30 30 Synchronous Synchronous 02/01/2022 02/18/2025 REA.0001826-CE
    RI QE 33 30 3 Synchronous Synchronous 02/01/2022 02/18/2025 REA.0001826-CE
    SC QE 35 32 3 Synchronous Synchronous 09/01/2022 08/31/2024 QEE1434
    SD CE 32 32 Synchronous Synchronous 09/04/2022 03/04/2025 SD 568
    SD QE 35 32 3 Synchronous Synchronous 09/04/2022 07/22/2025 SD 582
    TN CE 30 30 Synchronous Livestream 03/30/2022 04/30/2024 1388
    TN CE 33 30 3 Synchronous Synchronous 05/01/2023 04/30/2024 00001671
    TN QE 33 30 3 Synchronous Synchronous 05/01/2023 04/30/2024 1388
    TX CE 30 30 Synchronous Synchronous 02/19/2022 08/31/2025 TX Provider #:10 Course #: 46999
    TX QE 33 30 3 Synchronous Livestream 02/04/2022 02/29/2024 TX Provider #: 8038 Course #: 27890
    TX QE 33 30 3 Synchronous Synchronous 02/19/2022 08/31/2026 TX Provider #: 8038 Course #: 27890
    UT CE 35 32 3 Synchronous Livestream 01/05/2022 01/31/2024 AQ220103
    UT CE 30 30 Synchronous Synchronous 02/25/2022 02/29/2024 AC220219
    UT QE 33 30 3 Synchronous Synchronous 02/25/2022 02/29/2024 AQ220220
    VA CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    VA CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    VA QE 35 32 3 Synchronous Synchronous 06/16/2022 06/30/2024 4006000795
    VT CE 32 32 Synchronous Livestream 01/01/2022 01/21/2025
    VT CE 32 32 Synchronous Synchronous 01/21/2021 01/21/2025
    VT QE 35 32 3 Synchronous Livestream 01/01/2022 01/21/2025
    VT QE 35 32 3 Synchronous Synchronous 01/21/2021 01/21/2025
    WA CE 30 30 Synchronous Synchronous 03/03/2022 02/18/2025 A22004061
    WA CE 35 32 3 Synchronous Synchronous 02/19/2022 02/18/2025 A21034321
    WA QE 33 30 3 Synchronous Synchronous 03/03/2022 02/18/2025 A22004061
    WA QE 35 32 3 Synchronous Synchronous 02/19/2022 02/18/2025 A21034321
    WI CE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    WI CE 32 32 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    WI QE 35 32 3 Synchronous Synchronous 01/01/2022 02/18/2025 79264
    WV CE 33 30 3 Synchronous Synchronous 06/26/2023 08/31/2026
    WV QE 33 30 3 Synchronous Synchronous 02/19/2022 08/31/2026
    WY CE 32 32 Synchronous Synchronous 02/16/2022 02/18/2025
    WY QE 35 32 3 Synchronous Synchronous 02/16/2022 02/18/2025
    Course Objectives
    • Recognize operating income issues, including complex lease structures, reimbursements, and tenant improvement allowances.
    • Apply property valuation techniques related to property taxes that are a function of market value, reversions, property models, and supporting the discount rate.
    • Identify complex mortgage instruments and the effects of leverage.
    • Develop an equity valuation.
    • Recognize investor motivations, including measures and types of risk, measures of return, and income tax consequences.
    • Apply techniques learned to case studies involving an office building, a subdivision, and a proposed development with prospective values and values subject to hypothetical conditions.
    Course Details
    Table of Contents and Overview
    Course Schedule
    Prerequisites

    RECENT successful completion:

    Recommended:
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 01/26/2024     		$1,300.00 $1,000.00
    Additional Course Offerings
    Sponsor Date Location Format
    Chicago Chapter February 5-9, 2024 Chicago, IL Classroom View Details Register
    Bluegrass Chapter June 3-7, 2024 Louisville, KY Classroom View Details Register
    Tennessee Chapter November 11-15, 2024 Nashville, TN Classroom View Details Register
    North Star Chapter March 11-15, 2024 Bloomington, MN Classroom View Details Register
    Appraisal Institute May 28 - June 7, 2024 Synchronous View Details Register