Monday, April 4, 2011

Certified Residential Investment Specialist

Certified Residential Investment Specialist


Help your clients invest wisely in smaller real estate properties and Increase your business volume by bringing added value to your existing client base The CRIS designation consists of four seven hour courses, and a final exam.

Course 100 introduces key investment concepts like cap rates, NOI, cash on cash returns. Each student receives an HP 10BII calculator with step by step instructions on how to use it! You will create APOD’s for single family houses and small ‘plexes.

Course 200 covers general leasing terms and concepts. Students will create APOD’s for small office and small retail investments.

Course 300 covers the long-range aspect of real estate investments. Students will create five year cash flows for investments, allowing calculation of IRR (internal rate of return). You will learn how to structure an offer, or counter-offer, to meet the investor’s desired return. No more guessing!

Course 400 covers getting into investments (including using IRA funds), getting out of investments (including sale, exchange and estate planning) as well as some tips on how to share your new knowledge with your clients.

Go to pro-studies.com to check it out!

This designation is not recognized by NAR at this time.