Enroll Course: https://www.udemy.com/course/analyse-evaluation-immobilier/
Are you looking to understand the core principles of real estate investment and master the art of property valuation? Udemy’s course, ‘Évaluation de la valeur économique: bâtiment multilogement’ (Economic Valuation: Multi-unit Building), offers a comprehensive journey into the world of income-producing properties. This course is meticulously structured to guide learners from fundamental concepts to practical valuation techniques.
The course begins by laying a strong foundation, defining real estate, exploring the primary motivations for property ownership, and acknowledging the inherent challenges of real estate markets. It delves into key sectors within real estate, examines the role of speculation, and crucially emphasizes the paramount importance of location. This initial section sets the stage for a deeper dive into the economic forces that shape property values.
Moving into the second section, the focus shifts to urban and real estate economics. Learners will gain insights into the monocentric city model and the Dipasquale quadrant, providing frameworks for understanding urban spatial dynamics. The course also adeptly presents and explains the real estate cycle and its correlation with the broader economic activity cycle, offering a vital perspective for timing investments.
The third section addresses the ‘why’ of real estate investment by outlining four key reasons to invest, while also candidly discussing associated risks. Historical returns across various real estate sectors are presented, alongside the Rosen formula, which details the essential steps preceding any investment. This section is crucial for developing a balanced investment strategy.
Financial mathematics takes center stage in the fourth section. The time value of money is explained, along with the practical processes for calculating effective interest rates and mortgage balances. Illustrative examples make these financial formulas accessible and understandable, equipping students with essential quantitative skills.
The fifth and final core section is dedicated to the practical application of property valuation. It clearly distinguishes between price and value and introduces the two main valuation approaches. Through several application examples, the course demonstrates how to determine the value of an income-producing property using both relative and intrinsic methods. The determination of economic value and the discounted cash flow method are central to this practical segment.
To wrap things up, the course introduces the ‘Rule of 72’ for quick financial estimations, followed by a thorough summary of the key takeaways and a concluding thought. This French-language course is an excellent resource for anyone looking to build a solid understanding of real estate economics and valuation, particularly for multi-unit residential properties. It’s a well-rounded curriculum that balances theory with practical application, making it a valuable addition to any aspiring real estate investor’s toolkit.
Enroll Course: https://www.udemy.com/course/analyse-evaluation-immobilier/