IREM Global Summit | Chicago | October 10-13

IREM Global Summit | Chicago | October 10-13

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Performance and Valuation of Investment Real Estate (ASM604)

It’s time to think long term. Here you’ll receive the tools and skills to determine the performance of real estate assets, allowing you to enhance the long-term financial outlook of your portfolio and secure the future prosperity of your business. While your competitors are thinking about tomorrow, you’ll be playing the long game, thinking 1, 5, and 10 years down the road. And that’s a mindset that investors need and crave in their managers.

Register today and get all the knowledge and skills you need to measure property performance and assess value:

  • The Key Financial Concepts of Investment Real Estate. Time value of money, discounted cash flow analysis, and equity capitalization, all broken down so you can understand them and apply them right away in your job.
  • The Four Tests of Investment Return. Do you know them by heart? Cash-on-cash rate of return, value enhancement, net present value, and internal rate of return are all covered in-depth.
  • Valuing Properties. Get every edge you’ll need for pinpoint accuracy, by comparing common valuation methods, deriving the cap rate, and defining highest and best use.
  • Lease Analysis and Taxation Essentials. Become a master at calculating effective rent, comparing lease proposals, and defining taxes related to real estate.

Turbocharge your education: Take this course on its own or together with Financing and Loan Analysis of Investment Real Estate (ASM603) and Asset Analysis of Investment Real Estate (ASM605) with the Asset Management Track.


Financial Calculator or App Required: The HP10bII or HP10bII+ financial calculator or similar financial calculator app is required. Course materials illustrate keystrokes for the HP10bII+ calculator. Students are encouraged to download the interactive HP10bII Financial Calculator Tutorial and the HP10bII Financial Calculator Quick Reference Guide and review it prior to taking this course.

Laptop Computer Strongly Recommended: In addition to the financial calculator, course materials extensively use the IREM Financial Analysis Spreadsheet to facilitate hands-on learning in the classroom. With your registration confirmation, you will receive a link to the IREM Financial Analysis Spreadsheet. It is strongly recommended that you download the spreadsheet to your laptop prior to attending the class.

Maximize your preparation with the HP10bII Calculator Tutorial and IREM Financial Analysis Spreadsheet webinars.

Review the learning objectives of this course.

Please note: taking FIN402, ASM603, ASM604, ASM605, and MPSAXM in consecutive order is strongly recommended.



Classroom: The classroom course is 2 days, including lunch and breaks. Typical course timeframe is 8:00 a.m. to 5:00 p.m. each day. Select a specific offering of the course from the dropdown menu above for exact dates and times. The course exam is taken online within 7 days after completing the course; instructions to access the exam are provided during the course.

Online: The online course takes approximately 3-5 hours to complete, followed by the online course exam.