BUSI 422 is Liberty's real property finance and investment course. Its written work is two group wiki responses to real estate finance scenarios and an appraisal project using the Form 1004 Uniform Residential Appraisal Report; weekly Excel homework and four exams make up most of the points.
Liberty's catalog lists the course as BUSI 422 Financial Analysis and Investment Concepts for Real Property, 3 credit hours; Canvas and the course guide file print it as BUSI422.
What BUSI 422 covers
From the catalog, in brief: Explores the financial foundations of investing in and managing real property: ownership structures, transaction processes, valuation techniques, financing strategies and investment analysis, applying core finance concepts such as the time value of money, risk and return, borrowing, cash flow modeling and taxes to property-based assets within broader financial markets.
The course explores the financial foundations of investing in and managing real property, including ownership structures, transactions, valuation, financing and investment analysis, with core finance concepts such as the time value of money, risk and return, cash flow modeling and taxes. The text is Brueggeman and Fisher, Real Estate Finance and Investments.
Weekly group homework in Excel (240 points), two peer evaluations (100) and four exams (400) have no guide here. The appraisal project (160) is the largest single written assignment.
Textbook named in the published guide: Brueggeman & Fisher, Real Estate Finance and Investments (2016). Check the current edition in your Canvas section.
BUSI 422 assignments, week by week
Every graded written assignment in the published guide has its own how-to guide below. Quizzes, exams, checklists and class introductions are left out because there is nothing to write.
| Week | Assignment | Points | Length |
|---|---|---|---|
| 3 | Group Wiki Scenario 1 | 50 | Not set in the guide; a complete scholarly response |
| 5 | Group Wiki Scenario 2 | 50 | Not set in the guide; a complete scholarly response |
| 7 | Appraisal Project | 160 | A completed Form 1004 Uniform Residential Appraisal Report |
Week 3: Group Wiki Scenario 1
With your group, a scholarly wiki response to a real estate finance scenario, with every member contributing. How to write BUSI 422 Week 3 Group Wiki Scenario 1.
Week 5: Group Wiki Scenario 2
The second group wiki response to a real estate finance scenario. How to write BUSI 422 Week 5 Group Wiki Scenario 2.
Week 7: Appraisal Project
A realistic residential appraisal on Form 1004, using the sales comparison approach and the cost approach. How to write BUSI 422 Week 7 Appraisal Project.
How BUSI 422 is graded
The published guide totals 1,010 points. The two group wikis are 50 each (100), the appraisal project 160, group homework 240, peer evaluations 100, exams 400 and the checklist 10.
| Graded item | Points |
|---|---|
| Appraisal Project | 160 |
| Group Wiki (2) | 100 |
| Group Homework (8) | 240 |
| Peer Evaluations (2) | 100 |
| Exams (4) | 400 |
| Course Requirements Checklist | 10 |
The published scale puts an A at 900 to 1010 points.
Week timing in the published guide: Each course module/week (except Module/Week 1) begins on Tuesday morning at 12:00 a.m. (ET) and ends on Monday night at 11:59 p.m. (ET). The final module/week ends at 11:59 p.m. (ET) on Friday.
How to approach BUSI 422
Choose the residential property for the appraisal early and gather comparable sales (recent sales of similar homes nearby) from public records or listing sites; the sales comparison approach depends on good comparables.
Homework must use Excel formulas rather than typed numbers, a habit worth building for the appraisal too.
Questions students ask
What is the BUSI 422 appraisal project?
A realistic residential appraisal on the Form 1004 Uniform Residential Appraisal Report, using the sales comparison approach and the cost approach.
What are BUSI 422 group wikis?
Two group assignments in which the group formulates and documents a scholarly response to a real estate finance scenario; each member must contribute through researching, commenting, editing and revising.
Working through BUSI 422 now?
Tell us the week and the assignment. A tutor who knows the course replies with a plan for the draft.