Choose your path
 
Find An Appraiser         Online Store         Donate         Lum Library         Join
 View Cart View Cart
0 Registrations in Cart
 
 
 
Appraisal Institute  
Login
 
 
 
AI Resources Education Publications Professional Practice News Advocacy About Us
 
 
Select an Offering

General Appraiser Income Approach/Part 1

    Date: September 25 - 28, 2017   Location: Houston, TX
 
  Course  
Category  General [Gen]  
Attendance Hours  27.0  
Exam Hours  3.0  
Current Price  $ 535.00 AI Price  
$ 585.00 Full Price  
 
  Instructor  
Larry T. Wright, MAI, SRA, AI-GRS  
    
 
  Location  
Name  Tri Tech Surveying Building  
Address  10401 Westoffice Dr.  
City  Houston  
State  TX  
Zip  77042  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Houston
Website  www.aihouston.com  
Contact Name  Lori Wilkins  
Email  lori@amchouston.com  
Phone  (713) 668-1757  
Fax  (713) 839-1453  
 
  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 participant for the 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)
Schedule (PDF)
 
  Audience  
• Those seeking General Appraiser certification

• Underwriters

• Lenders

• Assessors
 
  Equipment  
• Laptops NOT REQUIRED
• 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.
• HP-12C 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 HP-12C. 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 HP-12C Financial Calculator
 
  Prerequisites  
Basic Appraisal Principles
Basic Appraisal Procedures

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.  
  The Dictionary of Real Estate Appraisal , 6th ed.  
  Rates and Ratios Used in the Income Capitalization Approach  
  Mathematics for Real Estate Appraisers  
  Capitalization Theory and Techniques Study Guide, 3rd ed.  
 
  Disclaimer  
Cancellation Policy
  • Up To 15 days prior to program start date, refund in full.
  • 7 - 14 days prior to program start date, $50.00 cancellation fee.
  • Less than 7 days prior to program start date, forfeit of payment.
  Transfer Policy
  • Up To 15 days prior to program start date, no transfer fee.
  • 7 - 14 days prior to program start date, $25.00 transfer fee.
  • Less than 7 days prior to program start date, no transfer allowed.
   


Program materials can be downloaded by the student.
 
  Additional Information  
The course site is located at:
TRI-TECH Surveying
10401 Westoffice
Houston, Texas 77042
713-668-1757


August 28, registration starts at 8:00 a.m. and class starts at 8:30 a.m.
August 28-31, class is from 8:30 a.m. - 4:30 p.m.
August 31 exam 2:30 p.m. -4:30 p.m.

Parking: Enter thru the main gate and drive thru the front parking lot to the opening on the left side of the parking lot and park in the back lot. Enter the building thru the back door underneath the covered porch facing Westpark toll road. Note all other parking spots in the front parking lot are reserved parking for the building.

Breaks: Coffee, water and snacks will be served throughout the day.

Hotels:
Candlewood Suites (closest to the course site)
4033 W Sam Houston Pkwy S,
Houston, TX 77042
(713) 780-7881

Towne Place Suites (NEW Hotel)
10610 Westpark Dr.
713-266-2210


La Quinta Inn & Suites Houston - Westchase
10850 Harwin Dr
Houston, TX 77072
281-495-7700

Ask for the
Texas Training and
Conference Centers
Rate Package when
you call to book
your reservation

Hilton Garden Inn
6855 W. Sam Houston Pkwy
713-270-6100

Shuttle
Available Ask for
the Texas Training
and Conference
Centers Rate
Package when you
call to book your
reservation.

Marriott Residence Inn
9965 Westheimer
713-974-5454

Marriott Courtyard
9975 Westheimer
800-321-2211

Shuttle
Available Ask for
the Texas Training
and Conference
Centers Rate
Package when you
call to book your
reservation.

Extended Stay America Houston - Westchase
3200 W Sam Houston Pkwy S
Houston, TX 77042


 

 
















 
Appraisal Institute
200 W. Madison, Suite 1500, Chicago, IL 60606
888-7JOINAI (756-4624)  |  aiservice@appraisalinstitute.org
 
Contact Us   |   Site Map   |   Terms & Conditions   |   Privacy Policy   |   Advertise
 
 
  Copyright © 2017 Appraisal Institute. All rights reserved.