Investment Analysis for Income Properties

November 3rd class is fullBest Western 2201 Wildcat Circle, Lincoln, Nebr. 8:30 am – 4:00 pm

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· If you have questions please call or text Diane Moore 402.770.8605. 


To register for the course and pay the tuition with a check Click here for Registration form – Traditional Classroom .  This blank registration form must be completed and mailed to the School with tuition check.

Course Information:

Investment Analysis for Income Properties

NRPAB approval #: 2171420.04.  7 Hours continuing education. 100% attendance is required.

Course Description: This course provides, at an introductory to intermediate level, a thorough exploration of concepts, calculations, and processes involved in the analysis and valuation of income properties. The course delves into the steps of income property valuation and the foundation for the financial analysis of income properties. The various types of gross income (and their influence), gross income streams, as well as the conversion of income into a value indicator via multiplier capitalization is reviewed. Development of the NOI is reviewed and the course presents a presentation of how income production’s performance, durability, and quality is found through performance ratios. The calculation to find the capitalization rate for direct capitalization is presented and examined. The course concludes with an introductory level exploration of how compound interest is processed and applied to the Income Approach.

Course Objectives After completing this course, you will be able to: • Identify the appraisal process, investor concepts, and real estate agent duties. • Describe how Income Production Economic Principles are divided into the categories of Productivity and Marketability. • Define the appraisal process and the development process of finding a Net Operating Income Statement. • Contrast the difference between contract rent and market rent. • Define how to analyze market rent and how to make adjustments for that analysis. • Describe how to properly compose a market rent schedule. • Define the roles of vacancy and credit loss and other income in the development of Effective Gross Income. • Identify how to process Gross Market Rent, Potential Gross Income, and Effective Gross Income and how to perform multiplier capitalization. • Describe the process of extracting and concluding market rent. • Define risk evaluation components. • Identify how to develop four types of multipliers and the process of formulating the estimate of a future dollar amount needed. • Identify how to calculate the annual payment future worth at a compounded rate of interest. • Describe how to differentiate between fixed and variable operating expenses. • Identify a reserve estimate for the replacement of short-lived items. • Describe how to forecast cost and depreciation. • Identify how many parking spaces should be allotted for proposed or available units. Define the process for concluding gross monthly rent. • Describe how to calculate necessary equity when debt leveraging is the goal. • Describe how to extract a capitalization rate through the market method and the role of debt leveraging in the development of a cap rate. • Identify how to conclude a value using the IRV method. • Describe how to forecast future cost based on a compounded rate and describe the impact of time on money. • Identify which compound interest column is applicable in developing an Income Approach.

Required materials: Calculator.

Primary Provider: Hondros Learning
Secondary Provider: The Moore Group, Inc.  The Moore Group, Inc. has a secondary provider 
agreement with Hondros Learning.
This course is AQB approved.  Link to: AQB Approval Letter IAIP
The course is approved by the Nebraska Real Property Appraiser
Board (NRPAB) for seven (7) hours of continuing education. NRPAB approval #: 2171420.04. 
The NRPAB approval of this course is honored by the Nebr. Real Estate Commission 
for Continuing Ed. for sales persons and brokers.  The NRPAB approval of this course is 
honored by the Nebr. Dept of Revenue for Continuing Ed. for Assessor re-certification.
The Iowa Real Estate Appraiser Examining Board (IREAEB) will accept any continuing 
education programs approved by the IREAEB, the AQB or another state appraiser board 
(provided documentation is attached).
Other States: Appraisers wanting CE credit in any state(s) other than Nebraska or Iowa, 
need to check with the state appraiser board(s) in question and inquire if they will honor
the approval of the AQB or the Nebraska Real Property Appraiser (NRPAB) for the Classroom 
CE courses.
Moore Appraisal Education, LLC is owned and operated by The Moore Group, Inc.  

The Moore Group, Inc. is authorized to operate by the Nebraska Department of 
Education under the provisions of Sections 85-1601 - 85-1658.

Feedback from one of our students:


Classes are always top notch and very informative – fun. Thanks so much!


Great instructor! Does a very good job of presenting material and keeping the group focused and involved.