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    General Appraiser Income Approach/Part 2

    More Info Register
    August 19-22, 2024 Dallas, TX
    Date
    August 19-22, 2024
    Sponsor
    North Texas Chapter
    Location
    Sterling Plaza
    5949 Sherry Lane
    5th Floor
    Dallas, TX 75225
    Instructor
    Larry T. Wright, MAI, SRA, AI-GRS
    Class Time
    27 hours
    Exam Time
    3 Hours
    Full Price
    $625.00
    AI Price
    $575.00
    Enroll by August 5 and save $50!
    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:
    Course Materials Include:

    • Course Handbook (489 pp.)
    • Solutions Booklet and Self-Study Problems (396 pp.)
    • Case Study Solutions (48 pp.)
    • Symbols & Formulas (18 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 08/05/2024
    $625.00 $575.00
    Late
    After 08/06/2024
    $675.00 $625.00
    Have Exam Questions?
    Additional Course Offerings
    Sponsor Date Location Format
    Hoosier State Chapter June 11-14, 2024 Indianapolis, IN Classroom View Details Register
    Appraisal Institute On Demand Online View Details Register
    Massachusetts Rhode Island and Maine Chapter September 18-21, 2024 Woburn, MA Classroom View Details Register
    North Star Chapter September 23-26, 2024 Bloomington, MN Classroom View Details Register
    Event Information

    PROGRAM LOCATION AND PARKING:

    Sterling Plaza (https://sterlingplaza.com/) at 5949 Sherry Lane is a 19-story building located on Sherry Lane between the Dallas North Tollway and Douglas Avenue.  The class will be held in the Conference Room on the fifth floor.


    Garage parking (entry is west of the building) is available for $10/day (over 4 hours/daily max).  A two-story parking structure is located one block east of Douglas Avenue between Luther Lane and Berkshire Lane.  Parking is free on the 2nd level.


    COURSE SCHEDULE – Monday, August 19 – Thursday, August 22, 2024:

    Lecture – 8:30am to 5:00pm (Monday-Wednesday); 8:30am to 2:00pm (Thursday)

    Exam – 2:00pm to 5:00pm (Thursday)

    All day beverage service. Lunch will not be provided.


    TUITION:

    Tuition includes downloadable course material - it does not include a printed set of course material. 


    COURSE MATERIAL:

    DOWNLOADABLE Course material is automatically provided to ALL students via a download option. Please have your laptop/reader available with the downloaded material or have a printed copy of the material with you. 


    If you would like to receive a printed copy of the course material, you will have an option during the registration process to order a set. Students requesting printed material will be charged a $50.00 material fee plus shipping in addition to the course tuition. (Note that If you do not receive the material shipment in time for the course, please download or print a copy of the material from the Education and Events section of your AI account.)


    ACCOMMODATIONS:

    (Listed in order of proximity to Sterling Plaza)


    Hilton Dallas/Park Cities

    5954 Luther Lane, 75225

    214-368-0400

    https://www.hilton.com/en/hotels/dalpchf-hilton-dallas-park-cities/

    (located 1 block south of Douglas Center)


    Doubletree by Hilton Hotel Dallas-Campbell Centre

    8250 N. Central Expwy., 75206

    214-691-8700

    https://www.hilton.com/en/hotels/dfwcndt-doubletree-dallas-campbell-centre/?SEO_id=GMB-AMER-DT-DFWCNDT&y_source=1_MTM3MjYzMC03MTUtbG9jYXRpb24ud2Vic2l0ZQ%3D%3D

    (located 2.8 miles from Douglas Center in the SE quadrant of North Central Expwy. & Northwest Hwy.)


    La Quinta Inn & Suites by Wyndham

    10001 N. Central Expwy., 75231

    214-361-8200

    https://www.wyndhamhotels.com/laquinta/dallas-texas/la-quinta-dallas-north-central/overview?CID=LC:LQ::GGL:RIO:National:53270&iata=00093796

    (located 3.5 miles from Douglas Center on the west access road of North Central Expwy. between Walnut Hill Lane and Meadow Road)


    SpringHill Suites by Marriott Dallas Central Expressway

    10111 N. Central Expwy., 75231

    469-906-5861

    https://www.marriott.com/en-us/hotels/dalsx-springhill-suites-dallas-central-expressway/overview/?scid=bb1a189a-fec3-4d19-a255-54ba596febe2&y_source=1_MTIyODE1NjQtNzE1LWxvY2F0aW9uLndlYnNpdGU%3D

    (located 3.8 miles from Douglas Center on the west access road of North Central Expwy. South of  Meadow Road)


    Sonesta ES Suites Dallas Central Expressway

    10333 N. Central Expwy., 75231

    214-750-8220

    https://www.sonesta.com/sonesta-es-suites/tx/dallas/sonesta-es-suites-dallas-central-expressway/

    (located 3.8 miles from Douglas Center on the west access road of North Central Expwy. South of Meadow Road)


    Sonesta Select Dallas Central Expressway

    10325 N. Central Expwy., 75231

    214-739-2500

    https://www.sonesta.com/sonesta-select/tx/dallas/sonesta-select-dallas-central-expressway/

    (located 3.8 miles from Douglas Center on the west access road of North Central Expwy. South of Meadow Road)


    Hampton Inn & Suites Dallas

    10370 N. Central Expwy., 75231

    214-361-0033

    https://www.hilton.com/en/hotels/dfwnphx-hampton-suites-dallas-central-expy-north-park-area/

    (located 3.9 miles from Douglas Center on the east access road of North Central Expwy. south of Meadow Road)


    Hilton Garden Inn

    10350 N. Central Expwy., 75231

    214-696-3000

    https://www.hilton.com/en/hotels/dalcegi-hilton-garden-inn-dallas-central-expy-north-park-area/?SEO_id=GMB-AMER-GI-DALCEGI&y_source=1_MTUwNjIxMjYtNzE1LWxvY2F0aW9uLndlYnNpdGU%3D

     

    (located 3.9 miles from Douglas Center on the east access road of North Central Expwy. south of Meadow Road)