real estate exam review - PROPERTY VALUATION AND FINANCIAL ANALYSIS- with getreal скачать в хорошем качестве

real estate exam review - PROPERTY VALUATION AND FINANCIAL ANALYSIS- with getreal

a study guide for the 2025 real estate exam - specifically reviewing PROPERTY VALUATION AND FINANCIAL ANALYSIS . Also covering financing related to the California Real Estate Exam, 2025! 0:00 - 0:23 intro 0:23 - 1:00 definitions (valuation, appraisal, CMA, BPO) 1:00 - 1:53 price vs. cost 1:53 - 2:40 characteristics of value (demand, utility, scarcity, transferability) 2:40 - 6:11 types of value (market value, value in use, assessed value, mortgage value, insured value, investment value, principle of value, principle of conformity, principle of competition, principle of substitution, principle of contribution) highest and best use, plottage, regression, progression, anticipation, supply and demand) 6:11 - forces impacting value (environmental/physical forces, social forces, political/government forces, economics forces) 6:42- 6:58 4 phases affecting value 6:58 - 7:07 3 methods of estimating value 7:07 - Sales comparison approach (market data, subject property, bracketing, ) 9:43 - 12:26 cost approach (formulas to estimate value, causes of depreciation, external depreciation, functional depreciation, physical depreciation, curable depreciation, incurable depreciation, replacement cost, reproduction cost, cost approach) 12:26 - 13:17 Income approach (income capitalization approach, formula) 13:17 - 16:08 purposes and steps to an appraisal (state the problem, identify data needed, gather and analyze the data, determine highest and best use, estimate the land value, consider all 3 approaches to valuation, reconcile values to determine final appraised value, develop and deliver the appraisal report) 16:08 - 18:51 federal oversight of the appraisal process (Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), CA real estate appraiser license levels) 18:51 - 20:45 comparative market analysis (CMAs) 20:45 - 22:48 financial analysis (gross rent multiplier, gross income multiplier, direct capitalization, yield capitalization, 22:48 - 25:20 data used for financial analysis (gross income, potential gross income, effective gross income, net operating income, operating statement, before-tax cash flow, after-tax cash flow, cash-on-cash return, annual debt service, debt coverage ratio, 70% formula, 50% formula, 2% formula) 25:20 - 25:43 types of depreciation impacting investment properties (tax depreciation, economic depreciation) 25:43 - 26:41 tax considerations for investment property (straight line depreciation, depreciable basis) 26:41 - 27:00 thank you, you finished!