This Webinar will demonstrate how to accurately interpret an income/expense statement as well as explain the process for developing fair market rents that can be applied across a grouping of properties. Establishing accurate market rents is an important component of producing accurate values of income producing properties. Therefore, the process of deriving Fair Market Rents will be discussed. The question of what relevant expenses are associated with real property which are appropriate for inclusion in the determination of the Net Operating Income will be considered.
This Webinar will demonstrate how to accurately interpret an income/expense statement as well as explain the process for developing fair market rents that can be applied across a grouping of properties. Establishing accurate market rents is an important component of producing accurate values of income producing properties. Therefore, the process of deriving Fair Market Rents will be discussed. The question of what relevant expenses are associated with real property which are appropriate for inclusion in the determination of the Net Operating Income will be considered.