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    Advanced Income Capitalization

    Register
    Date
    June 3-7, 2024
    Location
    Louisville, KY
    Sponsor
    Bluegrass 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 June 3!
    View Pricing Options
    Classroom
    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
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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
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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
    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 06/03/2024     		$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
    Appraisal Institute January 16-26, 2024 Synchronous 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
    Disclaimer Information

    Cancellations/Refunds: Requests for cancellations must be received in writing at the Chapter office. Confirmed students should not assume that cancellation has been granted until a confirmation has been received.  (Cancellation days are BUSINESS DAYS.)

    Cancel Fees
    7 - 14 days prior to program start date, $100.00 cancellation fee.
    Less than 7 days prior to program start date, forfeit of payment.

     

    The Bluegrass Chapter of the Appraisal Institute is not responsible for students' non-refundable airline reservations or other travel expenses. The Chapter reserve the right to cancel, limit, or reschedule the course and to change the faculty assignments and facility locations at any time. Prospective students should confirm their registration before making any non-refundable airline reservations.