There are a number of important financial concepts that you should be familiar with if you're involved in real estate. This course provides a refresher of basic concepts and tools of accounting, finance, and math that real estate professionals - as well as real estate investors - need to know. Topics covered include balance sheets, income statements, basic accounting concepts, real estate algebra, finance math, and more.
Upon successful completion of this course, participants will be able to:
- Identify basic accounting concepts and procedures.
- Recognize basic financial statements, their purpose and components, and how real estate items are accounted for.
- Recognize the methods of computing interest, basis points, discounting, APR, depreciation, stipulated amount payments, mortgage payoffs, add-on interest, and income capitalization.
- Calculate area measurement, volume measurement, and front foot calculations.
Table of Contents
Chapter 1 – Real Estate Accounting
Financial Statements for Individuals
The Balance Sheet
Financial Statements for Businesses
Chapter 1 Review Questions
Chapter 2 – Mathematics of Finance
The Basic Use of Numbers
Solving for Unknowns
Annual Percentage Rate (APR)
Discounting Second Mortgages
Depreciation (for Tax Purposes)
Stipulated Amount Payments
Front Foot Calculations
Chapter 2 Review Questions
Review Question Answers and Rationales
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Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.
Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.
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