Does it Pencil Courses
Does is Pencil courses will teach you how to answer the only question any investor ever has about any property: is this a good deal or not?

Over 30,000 real estate brokers, appraisers and investors have attended Does it Pencil training. Most have said they are some of the best courses they have ever attended. Does it Pencil training will teach you how to simply and quickly measure the only three things an investment can ever provide: appreciation, cash flow, and the combination of the two.

Does it Pencil skills work on any real estate investment from land to condo to commercial. You’ll learn which information you need, how to organize it, and how to apply simple and powerful financial analysis tools to make the right decisions to buy, hold, and sell. Does it Pencil is taught with HP 10BII calculators or their equivalent phone apps.

Lifetime Benefits of Paid Courses
*All of the lectures from your course.
*Your course on downloadable audio MP3.
*Additional problems with video-based solutions.
*Continuing education credit where applicable.

Certified Real Estate Analyst (CREA)
Graduates of Does it Pencil are eligible to take the Certified Real Estate Analyst (CREA) designation national standards exams and receive the designation. There is no additional cost and nothing more to buy.

Does it Pencil – The Sample Course.
A Taste of does it Pencil.
Free

This course is 60 minutes of actual from Does it Pencil Course 1 + 2 + 3. The Sample Course will help you…
1. Understand the presentation platform and how it works.
2. Give you a taste and feel of what to expect in Does it Pencil training.
3. Teach you some of the important information in Does it Pencil.
4. Help you decide if Does it Pencil training is right for you.

REGISTER

Does it Pencil Course 1
The Benchmarks Course
5.0 Clock Hours / $147

This course will teach you all of the core concepts you need to understand when evaluating real estate as an investment. We’ll also introduce you to how to use the HP 10BII financial calculator, how it works, and how to use it in decision making.

Topics in this course include how to set up an HP 10BII calculator, Time Value of Money (TVM), the relationship of term and rate in TVM, the effect of interest rates on purchasing power, how to build an APOD, how to read a Schedule E tax form, the Cash-on-Cash return equation, the decision to use debt or cash, Life Stage investing, and what to buy first.

REGISTER

Does it Pencil Course 2
The Advanced Course
5.0 Clock Hours / $147

Course 2 builds on the topics and content of Course 1. When you’ve completed Course 2, you will know everything you need to know to measure investment performance and to decide whether a deal is good or bad.

Topics include Basic Cap Rate, the mortgage constant, Advanced Cap Rate, how to solve for Pre-Tax Sales Proceeds, how to build a T Account, how to enter cash flows into the HP10BII, solving for Internal Rate of Return (IRR), how to perform an IRR Means Test, solving the Dirty IRR problem.

REGISTER

Does it Pencil Course 3
The Tax Course
5.0 Clock Hours / $147

This course will show you how to apply the tax code benefits and liabilities to what you learned in Course 1 and Course 2.
Topics include the 3 types of income as defined by the IRC, the histogram of tax liability, federal + state tax systems, tax credits vs. tax deductions, how to build a Cash Flow Worksheet, how to calculate amortizing interest, how to calculate real estate depreciable basis and annual depreciation on real estate investments, the mid-month convention, how to calculate personal property depreciation, depreciation rules, generally accepted depreciation methods, long term vs. short term capital gains, depreciation recapture, how to build a Capital Gains Worksheet, how to calculate After Tax Internal Rate of Return, S Corporation structures, and the Estate Tax. 

REGISTER