Course content
7 sections · 33 lessons · 6 quizzes · 3 hours
01 Before You Begin2 lessons
- Start Here
- Course Welcome and Objectives
02 2-4 Unit Properties - The Essentials7 lessons · 1 quiz
- What Makes 2-4 Unit Property Valuation Different
- The Two Buyer Pools — Owner-Occupant vs. Investor
- The Three Approaches to Value
- Essential Terms — Valuation and Income
- Essential Terms — Financing
- Essential Terms — Leasing and Operations
- Top Red Flags in Multi-Family Listings
- Section 1 Mastery Quiz — Foundations of Multi-Family Valuation
03 Comparable Sales for 2-4 Unit Properties5 lessons · 1 quiz
- Why Comparable Selection Is Different in Multi-Family
- What Makes a Good Multi-Family Comparable
- Bracketing and Adjustments — The Discipline
- Comparable Selection — What to Watch For
- Exercise — Which Comp Is Best?
- Section 2 Mastery Quiz — Selecting Comparables
04 Markets for 2-4 Unit Properties5 lessons · 1 quiz
- Location’s Role in Multi-Family Value
- How Markets Differ — A Two-Market Comparison
- Risk vs. Return Trade-offs in Multi-Family
- Why Income and Comparable Sales Both Matter
- Market Adjustments — Supportable vs. Subjective
- Section 3 Mastery Quiz — Market Analysis
05 2-4 Unit Properties - Income7 lessons · 1 quiz
- Why Income Is Central to Multi-Family Valuation
- Gross Rent Multiplier — The Quick Benchmark
- Capitalization Rate — The Complete Picture
- Operating Expenses — What’s In, What’s Out
- Market Rent vs. Actual Rent
- Calculating Together — A Complete Walk-Through
- Investment Concepts — ARV, BRRRR, and Why They Aren’t Market Value
- Section 4 Mastery Quiz — The Income Approach
06 Pricing and Reconciling Value in 2-4 Unit Properties5 lessons · 1 quiz
- From Analysis to Pricing — The Reconciliation Step
- Reconciling Sales Comparison and Income
- What Keeps a Price From Holding Up
- Pricing Conversations — Owner-Occupant, Investor, Seller
- Final Case Study — Reconciliation in Action
- Section 5 Mastery Quiz — Reconciliation and Pricing
07 Course Summary - Understanding Value in 2-4 Unit Properties2 lessons · 1 quiz
- What You Have Learned
- What’s Next
- Final Exam — 2-4 Unit Property Valuation
