Business Financial Management I Instructor:  Jim Allfrey Level 200 NR Hours: 3 No. of Days: 1/2

Content: This class provides students with an owner’s perspective and basic understanding of the structure and operation of their real estate investment businesses. Topics include: business management principles, key accounting statistical measurements, basic accounting and bookkeeping requirements, cash flow requirements and planning, how to perform a detailed property analysis, required business financial statements, business banking and establishment of business credit, understanding the legal entities that are typically used by investors, and a review of the impact of tax savings achieved through ownership of real estate investments. Course Objectives: Learn business management principles necessary for the successful operation of a real estate investing business. Learn the importance of cash flow planning and business survival. Understand how to complete a financial projection analysis including cash flow, ROI, cash on cash return, LTV, expenses, depreciation, and profit margin on a property. Understand the financial statements that are required for the business. Learn how to read and use balance sheets and income statements. Nouveau Riche™ (NR) offers an educational system for entrepreneurs and aspiring entrepreneurs. NR is the exclusive distributor of the materials, content, presentation design and format, which are proprietary products of Nouveau Riche AcademyTM (NRA). Neither NR nor NRA is a degree-granting or vocational program, and neither is accredited with any academic or standards governing board.  As with any College, courses and instructors may be added, changed, or removed from time-to-time. NR and/or NRA reserves the right to make replacements or substitutions to the curriculum, its content, presentation design and format, as it deems necessary to ensure the quality and effectiveness of its Colleges.