RE 21 - Real Estate Investments

3 units
3 hours lecture
Recommended Preparation: RE 11 and RE 14A
Credit, degree applicable
Transfer CSU

This course discusses the acquisition phase, holding period and disposition analysis for real estate investment property. The course covers a review of pro forma statements, the effects of leverage and cash flow operating statements. Students develop strategies for decision-making alternatives for a sale, exchange, continuation of operations, and capital restructure using depreciation, installment sale and tax basis.

Note: The California Department of Real Estate (DRE) has approved this course as one of the elective courses that may be completed for the salesperson license in addition to the required courses of Real Estate Principles and Real Estate Practice. The California DRE has approved this course as one of the elective courses for the real estate broker license. The DRE requires a copy of the college course outline or catalog description along with transcript showing proof of course completion. This course is also approved by the California Bureau of Real Estate Appraisers (BREA) for credit hours towards the appraisal license.