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General Appraiser Income Approach/Part 2

    Date: March 4 - 7, 2019   Location: NASHVILLE, TN
 
  Course  
Category  General [Gen]  
Attendance Hours  27.0  
Exam Hours  3.0  
Current Price  $ 485.00 AI Price *  
$ 515.00 Full Price *  
* SAVE! early registration
 
  Instructor  
Leslie P. Sellers, MAI, SRA, AI-GRS  
Randall A. Button, MAI, SRA, AI-GRS  
    
 
  Location  
Name  Nashville School of Law  
Address  4013 Armory Oaks Drive  
City  NASHVILLE  
State  TN  
Zip  37204  
 
Click Here to check state approvals
    
 
  Sponsor / Contact  
Chapter  Greater Tennessee
Website  www.tnappraiser.org  
Contact Name  Myra W. Pitts  
Email  myra@tnappraiser.org  
Phone  (615) 515-9700  
 
  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)
Schedule (PDF)
 
  Audience  
• Those seeking General Appraiser certification

• Underwriters

• Lenders

• Assessors
 
  Equipment  
• Laptops are 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
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
  • Up To 15 days prior to program start date, $25.00 cancellation fee.
  • 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, $25.00 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 Material Policy

Beginning 4 weeks before the offering start date, program material will be shipped directly to the student. If this material has been shipped and you request a registration cancellation, you will automatically be charged a $25.00 fee and you may keep the material. Once the fee is charged, your refund will be processed. Material returns are no longer accepted. Contact the offering sponsor for more information.
  • Cancel Offering, $25.00 material fee.
AMERICANS WITH DISABILITIES ACT: In order that we may comply with ADA, we need advance notice of any special needs you may have. Please provide written details of any special needs you may have under ADA on a separate page and send it in at least two weeks in advance in order that reasonable accommodations may be arranged.

Program materials can be downloaded by the student or can be shipped directly to the student. If you choose to have the material shipped and do not receive your materials within 5 days before the offering start date, please call the sponsor to inform them.
 
  Additional Information  
Location:
Nashville School of Law
4013 Armory Oaks Drive
Nashville, TN 37204
615-256-3684

Sponsor / Contact

Chapter: Greater Tennessee
Website: www.tnappraiser.org
Contact: Myra W. Pitts
Email: myra@tnappraiser.org
Phone: 615-515-9700


Registration: 7:30am central time
Class begins: 8:00am central time

Area Hotels:
***Please note, you WILL need a car. The closest hotel to meeting facilty is 6 miles away***

Four Points by Sheraton Nashville Brentwood
760 Old Hickory Blvd
Brentwood, TN 37067
615-964-5500
http://www.fourpointsbrentwood.com/

Candlewood Suites Nashville-Brentwood
5129 Virginia Way, Brentwood, TN 37027
(615) 309-0600
https://www.ihg.com/candlewood/hotels/us/en/brentwood/bnavw/hoteldetail?cm_mmc=GoogleMaps-_-CW-_-US-_-BNAVW

Hampton Inn Nashville/Brentwood
5630 Franklin Pike Cir, Brentwood, TN 37027
(615) 373-2212
http://hamptoninn3.hilton.com/en/hotels/tennessee/hampton-inn-nashville-brentwood-i-65s-BNABDHX/index.html

Residence Inn Nashville/Brentwood (Marriott)
206 Ward Cir, Brentwood, TN 37027
(615) 371-0100
http://www.marriott.com/hotels/travel/bnamf-residence-inn-nashville-brentwood/

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, hotwire, priceline etc... Any hotel in Brentwood will be close and safe to the class venue.

 

 
















 
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