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General Appraiser Income Approach/Part 2

CALL   Date: October 6 - 9, 2014   Location: Chicago, IL
 
  Course  
Category  General [Gen]  
Attendance Hours  27.0  
Exam Hours  3.0  
Current Price  $ 540.00 AI Price *  
$ 590.00 Full Price *  
* includes late fee
Late Fee  $ 50.00  
 
  Instructor  
Brian J. Flynn, MAI, AI-GRS  
    
 
  Location  
Name  Chicago Chapter  
Rep  LA  
Address  205 W Wacker Dr #202  
City  Chicago  
State  IL  
Zip  60606  
Phone  (312) 616-9400  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Chicago
Website  www.ccai.org  
Contact Name  L.A. Anderson  
Email  LA@ccai.org  
Phone  (312) 616-9406  
Fax  (312) 616-9404  
 
  Description  
After a diagnostic quiz on the six financial functions of one and a brief review, General Appraiser Income Approach/Part 2 opens 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 selecting and supporting 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 the participant for not only the course exam but also the certification exam.

National Registry of CPE SponsorsThe 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


Downloads
Table of Contents and Overview (PDF)
Course Schedule (PDF)
 
  Audience  
Those seeking general Appraiser Certification, underwriters, lenders, and assessors.
 
  Equipment  
A financial calculator is required. The accepted model used in the course is the HP-12C. Note: Cellular phones, tablets, iPads, and other devices that connect to the Internet are NOT permitted during the exam.
HP12C calculator user's manual
You must be familiar with calculator operation when the course begins. Answers to problems in course material are shown using the HP12C. Do not come to class expecting to be taught how to use a financial calculator.
• Free Review--Using a Financial Calculator; Formulas, Symbols, Math Review, and Sample Problems; and Financial Calculator Practice Exercises
• For additional help with the HP-12C calculator, take our online seminar, Using Your HP12C Financial Calculator
Laptops NOT REQUIRED
 
  Prerequisites  

Basic Appraisal Principles
Basic Appraisal Procedures
General Appraiser Income Approach/Part 1

Students must sign a waiver at the beginning of the course stating that they have the prerequisites. If they do not, they will not hold the Appraisal Institute responsible and will not expect to receive special attention during the course.
 
  For Further Reading  
  The Appraisal of Real Estate, 14th ed.  
  Mathematics for Real Estate Appraisers  
  Rates and Ratios Used in the Income Capitalization Approach  
  Capitalization Theory and Techniques Study Guide, 3rd ed.  
 
  Disclaimer  
Cancellation Policy
  • $50.00 cancellation fee.
  • Less than 2 days prior to program start date, forfeit of payment.
  Transfer Policy
  • $50.00 transfer fee.
  • Less than 2 days prior to program start date, no transfer allowed.
   
The Chicago Chapter enforces the attendance requirements as mandated by the State of Illinois and the AQB. There is a 100% attendance policy. . If you are late the first day of the course, you may stay in class but you will not receive full credit.
Registration begins at 8:00 am for every course. Each course begins promptly at 8:30 am each day. Program Material Policy You will be picking your materials up at the beginning of the class from the Chapter. If you would like to review the materials prior to class, you may go to the Knowledge Center (KC) at http://knowledgecenter.appraisalinstitute.org/

Cancellation & Transfer Policy: Please read carefully.
The Chicago Chapter charges a $50 cancellation AND $50 transfer fee.
If you cancel less than 3 BUSINESS DAYS before the start of the course or seminar you will receive NO REFUND. Most classes start on Monday so if, for example, you cancel on Wednesday of the week before the class begins you will FORFEIT YOUR TUITION.

The Chicago Chapter reserves the right to cancel, limit or reschedule the programs and to change faculty assignments at any time. Prospective students should confirm their registrations before making any non-refundable airline reservations.

If you cancel there is an additional $25 material charge from the national office. You do not return course materials any longer.

HOTEL INFO: We have a corporate rate at the Holiday Inn Mart Plaza, right across the street from the chapter office.
Call Tony at 312.529.1127 and tell him you’re a student with the Chicago Chapter and he will make your reservation for you.
CHICAGO IS A VERY BUSY CITY ….YOU NEED TO MAKE YOUR HOTEL RESERVATIONS EARLY TO GET OUR CORPORATE RATE OR EVEN GET A HOTEL ROOM BECAUSE THE HOTELS FILL UP QUICKLY WITH CONVENTIONS.


Program materials can be downloaded by the student or can be picked up at the site.
 
  Additional Information  
Class Schedule:
Registration:
October 6, 2014 8:00a-8:30a
Class: 8:30 -4:30
Oct 6-9




Please contact LA LA@ccai.org 312.616.9400
if you have any questions or need assistance.


 

 
















 
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