Marius Grant - Senior Project

senior Project Process 12

It seems that this is going to be my last blog entry. How sad. Although I have changed my project a few times and been unsure of my proceedings, I am initially satisfied with the product I chose in the end. Since I my project got a late start, I was far behind most of my peers, but I stepped my game up and managed to catch up with the rest of the group. Now I am finalizing my acquisitions and equity on the property, as well as drawing an future image of my apartment. I still need to find my last images of East Harlem to sparkle things up a bit in my product. I'll finish the brochure part of the product by the end of this week. Then I will take the highlights of my process, and put then together to form the Power Point.  Happy Holidays!

senior Project Process 11

This week, my mentor helped me by contacting an old friend who gave me much valuable information. I spent time adding local schools to my area description. I also calculated the two scenarios for the property. I did one where I converted the apartments into condominiums and one which the apartments stayed as rental. I calculated all the costs and found a handsome return on equity. Over the weekend I will do the final touches and hopefully complete my project.

senior Project Process 10

Over thanksgiving, I worked with intense focus with my senior project. I managed to complete my East Harlem area description and now I have to complete my property estimates etc. I found an apartment building 208 East 124th Street which I now have to estimate the costs of buying, renovating and selling. I need to know information such as square ft per unit and if the building has an elevator and maintenance, so I will call the real estate agent for the property later today. Over the weekend, I hopefully will have a roughly completed project with only corrections, power point and brochure format to worry about.