Module 1: Foundations of Real Estate Investment

• Defining Real Estate as an Investment Asset Class.
• Characteristics of Real Estate Investments: Illiquidity, Heterogeneity, Fixed Location.
• Key Players in the Real Estate Market: Investors, Developers, Lenders, Brokers.
• Goals and Objectives of Real Estate Investors.
• Overview of Different Property Types: Residential, Commercial, Industrial, Mixed-use.
• Practical session: Discussion on personal investment goals and identifying preferred property types.

Module 2: Real Estate Valuation Techniques

• The Sales Comparison Approach: Identifying comparables and adjustments.
• The Cost Approach: Estimating replacement cost new less depreciation.
• The Income Capitalization Approach: Direct capitalization and yield capitalization.
• Calculating Gross Rent Multiplier (GRM) and Net Income Multiplier (NIM).
• Introduction to Discounted Cash Flow (DCF) Analysis.
• Practical session: Valuing a sample residential property using the sales comparison approach.

Module 3: Financial Analysis for Investment Properties

• Understanding Key Financial Metrics: NOI, Cap Rate, Cash-on-Cash Return.
• Developing Pro Forma Income and Expense Statements.
• Calculating Before-Tax and After-Tax Cash Flows.
• Introduction to Internal Rate of Return (IRR) and Net Present Value (NPV).
• Sensitivity Analysis and Scenario Planning.
• Practical session: Building a simple pro forma income statement and calculating key metrics for a sample investment property using spreadsheet software.

Module 4: Market Analysis and Due Diligence

• Conducting Supply and Demand Analysis.
• Analyzing Demographic and Economic Trends.
• Neighborhood and Site Selection Analysis.
• The Due Diligence Process: Legal, Financial, Physical, Environmental.
• Identifying Red Flags and Mitigating Risks during Due Diligence.
• Practical session: Performing a basic market analysis for a chosen property type in a specific submarket.

Module 5: Investment Strategies and Property Types

• Buy-and-Hold Strategy: Long-term income and appreciation.
• Fix-and-Flip Strategy: Short-term value creation.
• Wholesaling and Lease Options.
• Analyzing Single-Family vs. Multi-Family Investments.
• Understanding Commercial Real Estate (Office, Retail, Industrial).
• Practical session: Evaluating a case study of a specific investment strategy and discussing its pros and cons.

Module 6: Financing Real Estate Investments

• Sources of Capital: Equity, Debt, Mezzanine Financing.
• Understanding Loan-to-Value (LTV) and Debt Service Coverage Ratio (DSCR).
• Types of Mortgages and Loan Structures.
• Introduction to Private Lending and Hard Money.
• Creative Financing Strategies.
• Practical session: Calculating loan payments and assessing loan affordability for a hypothetical property.

Module 7: Risk Management in Real Estate

• Identifying Common Real Estate Risks: Market, Financial, Operational, Legal.
• Strategies for Mitigating Risks: Diversification, Insurance, Contingency Planning.
• Understanding Property Management Risks.
• Environmental Risks and Assessments.
• Analyzing Force Majeure and Other Unforeseen Events.
• Practical session: Developing a risk assessment matrix for a sample real estate investment project.

Module 8: Taxation and Legal Aspects of Real Estate Investment

• Property Taxes and Assessments.
• Income Tax Implications: Depreciation, Capital Gains, Deductions.
• Understanding 1031 Exchanges (like-kind exchanges).
• Legal Structures for Property Ownership: LLC, Partnership, Corporation.
• Key Clauses in Purchase Agreements and Lease Contracts.
• Practical session: Discussing the tax implications of a hypothetical property sale and purchase scenario.

Module 9: Real Estate Development and Project Analysis

• The Real Estate Development Process: From Conception to Completion.
• Feasibility Studies for Development Projects.
• Site Acquisition and Zoning Regulations.
• Construction Management and Cost Control.
• Evaluating Development Risk and Return.
• Practical session: Conducting a basic feasibility analysis for a small-scale development project.

Module 10: Portfolio Management and Advanced Strategies

• Principles of Portfolio Diversification in Real Estate.
• Monitoring and Adjusting Investment Portfolios.
• Understanding Real Estate Investment Trusts (REITs).
• Introduction to International Real Estate Investment (Conceptual).
• Exit Strategies for Real Estate Investments.
• Practical session: Analyzing a hypothetical real estate portfolio and suggesting strategies for optimization or diversification.

Requirements:

·       Participants should be reasonably proficient in English.

·       Applicants must live up to Armstrong Global Institute admission criteria.

Terms and Conditions

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free

2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.

3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.

4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.

5. Approval of Course: Our Programs are NITA Approved. Participating organizations can therefore claim reimbursement on fees paid in accordance with NITA Rules.

Booking for Training

Simply send an email to the Training Officer on training@armstrongglobalinstitute.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254725012095 / +254724452588

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Armstrong Global Training & Development Center Limited should be paid in advance, 5 days to the training.

2. Invoice: We can send a bill directly to you or your company.

3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.

2. Participants may cancel attendance 14 days or more prior to the training commencement date.

3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location. For further inquiries, please contact us on Tel: +254720272325 / +254725012095 / +254724452588 or Email training@armstrongglobalinstitute.com

Accommodation and Airport Transfer

Accommodation and Airport Transfer is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@armstrongglobalinstitute.com or on Tel: +254720272325 / +254725012095 / +254724452588