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    General Appraiser Income Approach/Part 2

    Register
    Date
    April 15-18, 2024
    Location
    Louisville, KY
    Sponsor
    Bluegrass Chapter
    Instructor
    Rick L. Carlile, MAI, SRA
    Class Time
    27 hours
    Exam Time
    3 Hours
    Full Price
    $550.00
    AI Price
    $525.00
    Enroll by April 15!
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    Classroom
    Topics:
    Valuation Approaches
    Upgrade your career
    Commercial
    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.

     

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    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
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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
    Classroom & Synchronous

    Table of Contents and Overview
    Course Schedule
    Online


    Online Syllabus
    Prerequisites
    Course Materials & Recommended Books
    Pricing Options
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    Standard
    Today thru 04/15/2024     		$550.00 $525.00
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    Sponsor Date Location Format
    Tennessee Chapter April 8-11, 2024 NASHVILLE, TN Classroom View Details Register
    Chicago Chapter March 18-21, 2024 Chicago, IL Classroom View Details Register
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    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, $50.00 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.