Has anyone taken the lease analysis course from Property Metrics?

[Courtney Duong]

Hi BP,

Property Metrics is offering CRE lease analysis course for $397 (1 time payment) or 3 monthly payments of $159. It's totally online and here is what in the course:

Module 1: Lease Basics

• Requirements for a valid commercial lease
• Components of a commercial real estate lease
• Types of commercial real estate leases
• How gross, modified gross, and triple net leases work
• How Common Area Maintenance (CAM) expenses work
• Expense Stops and Reimbursements
• Building measurements you should understand
• How to use the load factor and efficiency ratio
• Special considerations for office, retail, and industrial leases

Module 2: Comparative Lease Analysis

• Complete time value of money crash course
• How to calculate effective rent
• How to compare leases using effective rent
• Detailed lease comparison example
• How the gross-up clause works
• How to calculate leasing commissions
• Step by step walkthrough of a lease comparison case study
• Fully unlocked lease comparison Excel template

Module 3: Lease vs Own Analysis

• Benefits of leasing and benefits of owning
• NPV method for lease vs own analysis
• IRR method for lease vs own analysis
• How to select a discount rate
• Tax considerations of leasing versus owning
• Subjective factors in a lease vs own analysis
• Lease vs own analysis example
• Step by step walkthrough of a lease vs own case study
• Fully unlocked lease vs own Excel template

Module 4: Sale-Leaseback Analysis

• Benefits of a sale-leaseback
• The sale-leaseback analysis process
• Sale-leaseback example
• Step by step walkthrough of a sale-leaseback case study
• Fully unlocked sale-leaseback Excel template

Bonus: Fully Unlocked Excel Templates

• Lease Comparison Excel Template
• Lease vs Own Excel Template
• Sale and Leaseback Excel Template
• Fully unlocked for your use outside of this course

I am thinking of signing up for this course.  My questions to you guys out there are:  has anyone taken this course from Property Metrics?  If yes, was it worth the money?  Anyone familiar with Property Metrics?

Thanks.

[Ronald Rohde]

The topics sound good, it all depends on how you execute the study. I also recommend www.adventuresincre.com they have free models and free legal documents.