General Appraiser Income Approach/Part 2
Register
- Date
- On Demand
- Instructor
- David C. Lennhoff, MAI, SRA, AI-GRS
Kenneth G. Foltz, MAI, SRA
Larry T. Wright, MAI, SRA, AI-GRS - Class Time
- 27 hours
- Exam Time
- 3 Hours
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 ...
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
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.
Prerequisites
Course Materials & Recommended Books
Additional Course Offerings
| Sponsor | Date | Location | Format | Details | Registration |
|---|---|---|---|---|---|
| October 26 - November 4, 2026 | New York, NY | Classroom | View Details | Register | |
| December 1-11, 2026 | Synchronous (Live Online) | Synchronous | View Details | Register | |
| April 19-22, 2027 | Louisville, KY | Classroom | View Details | Register |