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    General Appraiser Income Approach/Part 1

    More Info Register
    March 17-20, 2025 Louisville, KY
    Date
    March 17-20, 2025
    Time
    8:30AM - 4:30PM (EST)
    Sponsor
    Bluegrass Chapter
    Location
    Country Inn & Suites
    1241 Kentucky Mills Dr.
    Louisville, KY 40299
    Instructor
    Rick L. Carlile, MAI, SRA
    Class Time
    27 hours
    Exam Time
    3 Hours
    Full Price
    $550.00
    AI Price
    $525.00
    Enroll by March 18!
    View Pricing Options
    Classroom
    Topics:
    Valuation Approaches
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    General Appraiser Income Approach/Part 1
    Event Information

    Class Materials: Tuition fee includes the pdf downloadable copy of class materials. Students may purchase a print copy of class materials for an additional fee at time of registration. No class materials will be available at class.

    Tips on Downloading the class materials:
    - Log in to My Account (https://www.appraisalinstitute.org/)
    - Select Education & Events (right sidebar)
    - See list of your registered offerings, scroll to class name and select View
    You will now see a box that contains downloadable program materials

    Course Schedule: Sign-in 8:15 a.m. Class 8:30 a.m. – 4:30 p.m. Exam is in the afternoon of last day of class. 100% Attendance is required for all Appraisal Institute education programs. Students should not be late or leave early. Those missing class times may not receive credit.

    Class Location: Country Inn & Suites, 1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434. Ask for Bluegrass Chapter rate

    Hotels in area:

    Fairfield Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171
    Microtel, 1221 Kentucky Mills Dr, Louisville, KY (502) 266-6590
    Tru By Hilton Louisville East, 11505 Bluegrass Parkway, Louisville, KY (502) 208-2900
    Holiday Inn Express, 1620 Alliant Ave., Louisville, KY (502) 240-0035
    Hilton Garden Inn, 1530 Alliant Ave, Louisville, KY (502) 297-8066
    Hampton Inn, 1451 Alliant Ave. Louisville, KY (502)809-9901
    LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889
    Quality Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100
    Course 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 participants for the exam.

    Read More
    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
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    Course Objectives
    • Expand competencies in performing income and expense analysis.    
    • Gain a foundation in direct capitalization techniques and applications.    
    • Extract and apply rates from the market.    
    • Identify fundamentals of risk and investment analysis.    
    • Expand competency in compound interest theory and calculations.    
    • Forecast revenues.    
    • Estimate expenses.    
    • Value partial interests.
    Course Details

    Program Overview:
    Table of Contents and Overview
    Course Schedule

    Assignments:
    No

    Equipment:

    Additional Information:
    Course Materials Include:

    • Course Handbook (488 pp.)
    • Solutions Booklet / Self-Study Problems (390 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 03/18/2025     		$550.00 $525.00
    Have Exam Questions?
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    Appraisal Institute On Demand Online View Details Register
    Massachusetts Rhode Island and Maine Chapter February 12-15, 2025 Braintree, MA Classroom View Details Register
    Chicago Chapter October 6-9, 2025 Chicago, IL Classroom View Details Register
    Event Information

    Class Materials: Tuition fee includes the pdf downloadable copy of class materials. Students may purchase a print copy of class materials for an additional fee at time of registration. No class materials will be available at class.

    Tips on Downloading the class materials:
    - Log in to My Account (https://www.appraisalinstitute.org/)
    - Select Education & Events (right sidebar)
    - See list of your registered offerings, scroll to class name and select View
    You will now see a box that contains downloadable program materials

    Course Schedule: Sign-in 8:15 a.m. Class 8:30 a.m. – 4:30 p.m. Exam is in the afternoon of last day of class. 100% Attendance is required for all Appraisal Institute education programs. Students should not be late or leave early. Those missing class times may not receive credit.

    Class Location: Country Inn & Suites, 1241 Kentucky Mills Dr. Louisville, KY (502) 261-9434. Ask for Bluegrass Chapter rate

    Hotels in area:

    Fairfield Inn, 1220 Kentucky Mills Dr, Louisville, KY (502) 240-6171
    Microtel, 1221 Kentucky Mills Dr, Louisville, KY (502) 266-6590
    Tru By Hilton Louisville East, 11505 Bluegrass Parkway, Louisville, KY (502) 208-2900
    Holiday Inn Express, 1620 Alliant Ave., Louisville, KY (502) 240-0035
    Hilton Garden Inn, 1530 Alliant Ave, Louisville, KY (502) 297-8066
    Hampton Inn, 1451 Alliant Ave. Louisville, KY (502)809-9901
    LaQuinta Inn,1501 Alliant Avenue, Louisville, KY (502) 267-8889
    Quality Inn, 1301 Kentucky Mills Dr., Louisville, KY 40299, (502) 267-8100