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    Advanced Income Capitalization

    Register
    Date
    November 11-15, 2024
    Location
    Nashville, TN
    Sponsor
    Tennessee Chapter
    Instructor
    Rick L. Carlile, MAI, SRA
    Class Time
    30 hours
    Exam Time
    3 Hours
    Full Price
    $1,300.00
    AI Price
    $1,000.00
    Enroll by November 11!
    View Pricing Options
    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. 
    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
    Attend & Pass Exam:
    375
    Pass Only:
    325
    State Approvals
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    CA CE 30 30 Classroom Classroom 09/02/2022 09/01/2026 10754211
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    CO CE 33 30 3 Classroom Classroom 09/01/2023 08/31/2026 2429
    CO CE 30 30 Classroom Classroom 09/01/2023 08/31/2026 2429
    CO QE 33 30 3 Classroom Classroom 09/01/2023 08/31/2026 2429
    CT CE 30 30 Classroom Classroom 09/01/2023 07/12/2026 AAL.001080
    CT QE 33 30 3 Classroom Classroom 09/01/2023 07/12/2026 APR.000305
    DC CE 35 32 3 Classroom Classroom 03/01/2020 02/28/2024 4063
    DC QE 35 32 3 Classroom Classroom 03/01/2020 02/28/2024 4063
    DE CE 33 30 3 Classroom Classroom 08/31/2023 08/31/2026 74607
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    NH CE 35 33 2 Classroom Classroom 09/01/2023 02/18/2025
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    RI QE 35 32 3 Classroom Classroom 09/01/2023 02/18/2025 REA.0001525-CE
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    SD QE 35 32 3 Classroom Classroom 03/04/2022 03/04/2025 SD 568
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    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
    Additional Course Offerings
    Sponsor Date Location Format
    South Texas Chapter February 26 - March 1, 2024 San Antonio, TX Classroom View Details Register
    Chicago Chapter February 5-9, 2024 Chicago, IL Classroom View Details Register
    Appraisal Institute January 16-26, 2024 Synchronous View Details Register
    Bluegrass Chapter June 3-7, 2024 Louisville, KY 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