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    General Appraiser Income Approach/Part 2

    Register
    April 8-11, 2024 NASHVILLE, TN
    Date
    April 8-11, 2024
    Location
    NASHVILLE, TN
    Sponsor
    Tennessee Chapter
    Instructor
    Randall A. Button, MAI, SRA, AI-GRS
    Class Time
    27 hours
    Exam Time
    3 Hours
    Full Price
    $550.00
    AI Price
    $500.00
    Enroll by April 9!
    View Pricing Options
    Course Description
    After a diagnostic quiz on the six financial functions of one and a brief review, the course begins with a thorough treatment of discounted cash flow (DCF) analysis. Topics include identifying components of a DCF, projecting cash flows, analyzing leases, solving for value in a variety of common situations, and supporting the discount rate. The effects of debt financing, including cash equivalence and equity analysis, are covered in detail. Income patterns and property models, including residual and other applications, are followed by material on how to select and support the discount rate. Also presented are the strengths and weaknesses of direct and yield capitalization. The final section reviews and summarizes the mathematical concepts involved with income capitalization and prepares you for not only the course exam but also the certification exam.

     

    Who Should Enroll
    • Those seeking general real property appraiser certification
    • Underwriters
    • Lenders
    • Assessors
    AI CE Points
    Attend:
    175
    Attend & Pass Exam:
    225
    Pass Only:
    200
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    Course Objectives
    • Forecast incomes and expenses for a multiyear holding period.
    • Forecast reversions for a multiyear holding period.
    • Discount overall mortgage and equity cash flows to present value.
    • Use yield capitalization formulas to calculate present value.
    • Use data and sources to select and support risk-adjusted discount rates.
    • Solve problems in lease analysis, risk and investment analysis, leverage, and subdivision analysis.
    • Value partial interests.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:
    No

    Equipment:

    Additional Information:

    National Registry of CPE Sponsors

    Course Materials Include:

    • Course Handbook (489 pp.)
    • Solutions Booklet and Self-Study Problems (396 pp.)
    • Case Study Solutions (48 pp.)
    • Symbols & Formulas (18 pp.)

    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: www.nasba.org

    Delivery Method: Group-Live


    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

    Additional Course Offerings
    Sponsor Date Location Format
    Appraisal Institute On Demand Online View Details Register
    Chicago Chapter March 18-21, 2024 Chicago, IL Classroom View Details Register
    Massachusetts Rhode Island and Maine Chapter March 20-23, 2024 Woburn, MA Classroom View Details Register
    Appraisal Institute March 18-28, 2024 Synchronous View Details Register
    Puerto Rico and Caribbean Chapter February 29 - April 2, 2024 San Juan, PR Classroom View Details Register
    Bluegrass Chapter April 15-18, 2024 Louisville, KY Classroom View Details Register
    Hoosier State Chapter June 11-14, 2024 Indianapolis, IN Classroom View Details Register
    North Star Chapter September 23-26, 2024 Bloomington, MN Classroom View Details Register
    Event Information

    Location:

    Nashville School of Law

    4013 Armory Oaks Drive

    Nashville, TN 37204


    Schedule:

    Registration: 7:30 a.m. central time

    Class Begins: 8:00 a.m. central time

    Class Ends: 4 (ish) p.m. central time


    Refreshments will not be provided but you are allowed to bring in your own. You will have one hour on your own for lunch.  There are a lot of options near the class venue.  Some are within walking distance even. 

    Vending machines are available, but they are CASH ONLY.  There are water fountains available if you would like to bring your own water bottle and refill it during the day.

    Area Hotels/Lodging:

    **Please Note: You will need access to a vehicle.  The closest recommended hotel to the class venue is 6 miles away.


    Four Points by Sheraton Brentwood

    760 Old Hickory BLVD

    Brentwood, TN  37067

    615-964-5500


    Hampton Inn Nashville/Brentwood

    5630 Franklin Pike Circle

    Brentwood, TN 37027

    615-373-2212


    Best Western Brentwood 

    5581 Franklin Pike Circle

    Brentwood, TN  37027

    615-373-8585


    Please note that these are merely suggestions on where to stay.  We do not have a block of rooms anywhere due to the amount of people that use their own points, or choose to utilize cost saving services such as hotwire, priceline, etc... Any hotel in Brentwood will be close and safe to the class venue.  


    Nashville also offers Uber and Lyft service options for those that are flying in to take courses and choose not to rent a car.



    Schedule:

    Registration: 7:30 a.m. central time

    Class Begins: 8:00 a.m. central time

    Class Ends: 4 (ish) p.m. central time


    Refreshments will not be provided but you are allowed to bring in your own. You will have one hour on your own for lunch.  There are a lot of options near the class venue.  Some are within walking distance even. 

    Vending machines are available, but they are CASH ONLY.  There are water fountains available if you would like to bring your own water bottle and refill it during the day.