All Forum Posts by: Jake Taylor

Hi There!

I was recently pre-approved for a mortgage on a 2bd 1 bath condominium close to NYC. My loan would be 60% of the purchase price of 550K, the rest I can make as a down payment. The paperwork came back quoting 2.5k as the maximum monthly housing payment (including taxes and insurance). 

HOA fee is +$300/month.

The other units in the building went for a similar price about a year ago, and a look at Craigslist shows single rooms in apartments going for 1-1.5k/month - even rooms that are less attractive than in this unit. I'm looking to live in 1 room and rent the other one out for the first year or so. 

What are some of the main questions and considerations I should look into? Is this sustainable? 

Thanks guys!

Hi, 

What courses or certificates do you wish you would have taken prior to getting into REI?

My business partner and I are dedicating ourselves fully to REI come spring of next year. He is a real estate agent, but i do not currently hold any sort of RE certificate.

 I am looking for strategies to make myself valuable as a business owner. 

A local college offers courses such as:

 Certificate in Real Estate Principles, Sustainable Real Estate Development, Construction Project Management, Real Estate Finance Certificate, Real Estate Management Certificate, Real Estate Marketing and Sales Certificate, Real Estate Appraisals Certificate, and the Certificate in Facilities Management. 

Most of all, I was thinking of taking a course to get certified as a House Inspector. 

Would any of these courses, or some that i did not mention, work significantly in my favor? 

Thanks for any and all answers!