Skip to Content (custom)

    General Appraiser Income Approach/Part 1

    More Info Register
    businessman-planning-tax-income-and-investment-real-estate-return-income-home-loan-interest-rate-concept-return-retirement-dividend-yield-inflation-rate-financial-and-investment
    Date
    March 15-18, 2027
    Time
    8:30AM - 4:30PM (EST)
    Sponsor
    Bluegrass Chapter
    Location
    City Express by Marriott Louisville Southeast
    1241 Kentucky Mills Dr.
    Louisville, KY 40299
    Instructor
    Rick L. Carlile, MAI, SRA, AI-GRS
    Class Time
    27 hours
    Exam Time
    3 Hours
    Full Price
    $550.00
    AI Price
    $525.00
    Enroll by March 5!
    View Pricing Options
    Classroom
    Topics:
    Valuation Approaches
    Get Licensed/Certified
    Commercial
    General Appraiser Income Approach/Part 1
    Event Information

    Class Materials: Tuition fee includes the pdf downloadable copy of class materials. Students may purchase a print copy of class materials for an additional fee at time of registration. No class materials will be available at class.

    Tips on Downloading the class materials:
    - Log in to My Account (https://www.appraisalinstitute.org/)
    - Select Education & Events (right sidebar)
    - See list of your registered offerings, scroll to class name and select View
    You will now see a box that contains downloadable program materials

    Course Schedule: Sign-in 8:00 a.m. Class begins at 8:30 a.m. Exam is at the end of the last day of class. 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.

    Class Location: City Express by Marriott Louisville Southeast (formerly known as Country Inn & Suites) 1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434. Ask for Bluegrass Chapter rate --- $89/night. The facility is newly renovated! DO NOT BOOK ONLINE -- CALL!

    Hotels in area:

    Fairfield Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171
    Microtel, 1221 Kentucky Mills Dr, Louisville, KY (502) 266-6590
    Tru By Hilton Louisville East, 11505 Bluegrass Parkway, Louisville, KY (502) 208-2900
    Holiday Inn Express, 1620 Alliant Ave., Louisville, KY (502) 240-0035
    Hilton Garden Inn, 1530 Alliant Ave, Louisville, KY (502) 297-8066
    Hampton Inn, 1451 Alliant Ave. Louisville, KY (502)809-9901
    LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889
    Quality Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100

    ***Discount link for the Clarion Pointe: http://www.choicehotels.com/ires/en-US/html/ArrivalInfo?hotel=KY264&srp=LBLUEG&pu=no  
    Course 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 participants for the exam.

    discounted online packages
    Read More
    Who Should Enroll
    • Those seeking general real property appraiser certification    
    • Underwriters    
    • Lenders    
    • Assessors    
    AI CE Points
    Attend:
    175
    pts
    Attend & Pass Exam:
    225
    pts
    Pass Only:
    200
    pts
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Start Date Expire Date State Code
    AK CE 20 27 3 Classroom 04/17/2024 04/11/2027 19919
    AK QE 33 30 3 Classroom 04/17/2024 04/11/2027 19919
    AL CE 27 27 Classroom 09/10/2026 09/30/2028 C02672
    AL QE 30 27 3 Classroom 09/10/2026 09/30/2028 C02672
    AR CE 27 27 Classroom 04/11/2024 04/11/2028 AI012
    AR CE 30 27 3 Classroom 04/11/2024 04/11/2028 AI012
    AR QE 30 27 3 Classroom 04/11/2024 04/11/2028 AI012
    AZ CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    AZ QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    CA CE 27 27 Classroom 02/18/2025 01/28/2029 09754129
    CA QE 30 27 3 Classroom 02/18/2025 01/28/2029 09754129
    CO CE 30 27 3 Classroom 04/16/2024 04/16/2027 2617
    CO QE 30 27 3 Classroom 04/16/2024 04/16/2027 2617
    CT CE 18 18 Classroom 05/08/2024 04/11/2027 AAL.001222
    CT QE 30 27 3 Classroom 05/08/2024 04/11/2027 APR.000339
    DC CE 30 27 3 Classroom 03/01/2026 02/28/2028
    DC QE 30 27 3 Classroom 03/01/2026 02/28/2028
    DE CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    DE QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    FL CE 20 20 Classroom 03/31/2023 03/30/2027 0008595
    FL QE 30 27 3 Classroom 03/31/2023 03/30/2027 0008595
    GA CE 27 27 Classroom 07/13/2012 04/11/2027 63068
    GA CE 30 27 3 Classroom 12/12/2006 04/11/2027 51432
    GA QE 30 27 3 Classroom 04/30/2024 04/11/2027 77565
    HI CE 27 27 Classroom 08/27/2026 04/11/2027 26-240
    HI CE 30 27 3 Classroom 08/27/2026 04/11/2027 26-240
    HI QE 30 27 3 Classroom 08/27/2026 04/11/2027 26-240
    IA CE 27 27 Classroom 07/02/2024 04/11/2027 A518-2232
    IA CE 30 27 3 Classroom 07/02/2024 04/11/2027 A518-2233
    IA QE 30 27 3 Classroom 07/02/2024 04/11/2027 A518-2234
    IL CE 27 27 Classroom 01/01/2025 12/31/2026 575.001431
    IL QE 30 27 3 Classroom 01/01/2025 12/31/2026 573.000528
    IN CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    IN QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    KS CE 27 27 Classroom 01/01/2026 12/31/2026 C119-42
    KS QE 30 27 3 Classroom 01/01/2026 12/31/2026 Q119-21
    KY CE 30 28 2 Classroom 07/01/2026 06/30/2027
    KY QE 30 28 2 Classroom 07/01/2026 06/30/2027
    LA CE 27 27 Classroom 11/05/2025 04/11/2027 A0427
    LA QE 30 27 3 Classroom 11/05/2025 04/11/2027 A0426
    MA CE 27 27 Classroom 04/25/2024 04/11/2027 10051185
    MA QE 30 27 3 Classroom 04/25/2024 04/11/2027 10051170
    MD CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    MD QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    ME CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    ME QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    MI CE 27 27 Classroom 09/09/2025 09/09/2028 20-1327675
    MI QE 30 27 3 Classroom 09/09/2025 09/30/2028 20-1327661
    MN CE 27 27 Classroom 12/15/2025 12/31/2027 1040177
    MN CE 30 27 3 Classroom 12/15/2025 12/31/2027 1040176
    MN QE 30 27 3 Classroom 12/15/2025 12/31/2027 1040175
    MO CE 27 27 Classroom 07/14/2026 04/11/2027 2024000344
    MO QE 30 27 3 Classroom 07/14/2026 04/11/2027 2024000344
    MS CE 30 27 3 Classroom 04/24/2025 04/11/2027 MAB #50661
    MS QE 30 27 3 Classroom 04/24/2025 04/11/2027 MAB #50661
    MT CE 30 27 3 Classroom 08/15/2024 04/11/2027 REA-CEC-REC- 18071
    MT QE 30 27 3 Classroom 08/15/2024 04/11/2027 REA-CEC-REC- 18071
    NC QE 30 27 3 Classroom 01/01/2026 12/31/2026
    ND CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    ND QE 30 27 3 Classroom 03/18/2009 04/11/2027 QE-2901, 46455
    NE QE 30 27 3 Classroom 04/11/2024 04/11/2027 1151401.02
    NH CE 27 27 Classroom 04/11/2024 04/11/2027
    NH QE 30 27 3 Classroom 04/11/2024 04/11/2027
    NJ CE 27 27 Classroom 01/15/2025 01/25/2027 2025-3002
    NJ QE 30 27 3 Classroom 01/15/2025 01/25/2027 2025-3002
    NM CE 30 27 3 Classroom 04/25/2024 04/11/2027 4419
    NM QE 30 27 3 Classroom 04/25/2024 04/11/2027 4419
    NV CE 27 27 Classroom 10/10/2025 10/31/2026 CE.0009596-A
    NV QE 30 27 3 Classroom 03/31/2026 04/30/2027 PL.0009433-A
    NY QE 30 27 3 Classroom 10/01/2025 09/30/2027 Q0214-G7
    OH CE 27 27 Classroom 01/01/2026 12/31/2026 084602803A 25
    OH QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    OK CE 27 27 Classroom 04/12/2024 04/11/2027 718
    OK QE 30 27 3 Classroom 04/12/2024 04/11/2027 660
    OR CE 27 27 Classroom 04/16/2024 04/11/2027 APIN-Q-0424-9029
    OR CE 30 27 3 Classroom 04/16/2024 04/11/2027 APIN-Q-0424-9029
    OR QE 30 27 3 Classroom 04/16/2024 04/11/2027 APIN-Q-0424-9029
    PA CE 28 28 Classroom 05/09/2024 04/11/2027
    PA QE 30 28 2 Classroom 05/09/2024 04/11/2027
    PR CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    PR QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    RI CE 27 27 Classroom 05/14/2025 04/11/2027 REA.0002379-CE
    RI QE 30 27 3 Classroom 05/14/2025 04/11/2027 REA.0002379-CE
    SC QE 30 27 3 Classroom 07/09/2026 08/31/2028 QE13768
    SD CE 30 27 3 Classroom 03/25/2025 04/11/2027 SD 716
    SD QE 30 27 3 Classroom 03/25/2025 04/11/2027 SD 716
    TN CE 27 27 Classroom 05/01/2025 04/30/2027 1285
    TN QE 30 27 3 Classroom 05/01/2025 04/30/2027 1285
    TX CE 27 27 Classroom 05/22/2025 02/22/2027 TX#10 03127-ACE
    TX QE 30 27 3 Classroom 05/10/2024 04/11/2027 TX#8038 00676-AQC
    UT CE 27 27 Classroom 11/25/2025 11/30/2027 AC251137
    UT QE 30 27 3 Classroom 11/24/2025 11/30/2027 AQ251129
    VA CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    VA CE 27 27 Classroom 04/11/2024 04/11/2027 46455
    VA QE 30 27 3 Classroom 07/07/2025 07/31/2027 4006000931
    VT CE 27 27 Classroom 05/28/2024 05/28/2028 CA-234769
    VT QE 30 27 3 Classroom 05/28/2024 05/28/2028 CA-234770
    WA CE 27 27 Classroom 04/18/2024 04/11/2027 A24008908
    WA QE 30 27 3 Classroom 04/18/2024 04/11/2027 A24008908
    WI CE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    WI QE 30 27 3 Classroom 04/11/2024 04/11/2027 46455
    WV CE 27 27 Classroom 04/12/2024 04/12/2027
    WV QE 30 27 3 Classroom 04/12/2024 04/12/2027
    WY CE 30 27 3 Classroom 03/28/2024 04/27/2027 63
    WY QE 30 27 3 Classroom 03/28/2024 04/27/2027 63
    Course Objectives
    • Expand competencies in performing income and expense analysis.    
    • Gain a foundation in direct capitalization techniques and applications.    
    • Extract and apply rates from the market.    
    • Identify fundamentals of risk and investment analysis.    
    • Expand competency in compound interest theory and calculations.    
    • Forecast revenues.    
    • Estimate expenses.    
    • Value partial interests.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:
    No

    Equipment:

    Additional Information:
    Course Materials Include:

    • Course Handbook (488 pp.)
    • Solutions Booklet / Self-Study Problems (390 pp.)

    You will be asked to clear the calculator’s memory before and after the examination. Only one calculator is permitted in the testing room. Examinees taking most AI exams may bring their own calculator to use during the exam. Laptops, cellular phones, tablets, iPads, wearable technology (smart watch, Apple Watch, Google Glass, etc.), and other devices that can store data or connect to the Internet are NOT permitted during the exam. In addition, all watches, wallets, bags, and purses must be removed and stored out of reach prior to taking the exam.

    Requirements:
    None specified
    Prerequisites
    Course Materials & Recommended Books
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 03/05/2027     		$550.00 $525.00
    Late
    After 03/06/2027     		$570.00 $545.00
    Have Exam Questions?
    Exam FAQ
    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Metropolitan New York Chapter September 28 - October 7, 2026 New York, NY Classroom View Details Register
    Event Information

    Class Materials: Tuition fee includes the pdf downloadable copy of class materials. Students may purchase a print copy of class materials for an additional fee at time of registration. No class materials will be available at class.

    Tips on Downloading the class materials:
    - Log in to My Account (https://www.appraisalinstitute.org/)
    - Select Education & Events (right sidebar)
    - See list of your registered offerings, scroll to class name and select View
    You will now see a box that contains downloadable program materials

    Course Schedule: Sign-in 8:00 a.m. Class begins at 8:30 a.m. Exam is at the end of the last day of class. 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.

    Class Location: City Express by Marriott Louisville Southeast (formerly known as Country Inn & Suites) 1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434. Ask for Bluegrass Chapter rate --- $89/night. The facility is newly renovated! DO NOT BOOK ONLINE -- CALL!

    Hotels in area:

    Fairfield Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171
    Microtel, 1221 Kentucky Mills Dr, Louisville, KY (502) 266-6590
    Tru By Hilton Louisville East, 11505 Bluegrass Parkway, Louisville, KY (502) 208-2900
    Holiday Inn Express, 1620 Alliant Ave., Louisville, KY (502) 240-0035
    Hilton Garden Inn, 1530 Alliant Ave, Louisville, KY (502) 297-8066
    Hampton Inn, 1451 Alliant Ave. Louisville, KY (502)809-9901
    LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889
    Quality Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100

    ***Discount link for the Clarion Pointe: http://www.choicehotels.com/ires/en-US/html/ArrivalInfo?hotel=KY264&srp=LBLUEG&pu=no