Real Estate investing
One-Week Summer Business Program
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Interested in applied math? Enjoy business? Want to make a lot of money? This program is for you. Whether you are imagining a side hustle flipping homes or renting out a property as an AirBnB or are thinking of a full-time career in such lucrative professions as mortgage loan officer, luxury home builder, or real estate investment trust analyst, you will learn what it takes to get you there. The program will be brought to life with a series of hands-on activities such as conducting an appraisal of an actual home on the market, filling out a residential loan application, and constructing an amortization table. Students will go out into the field, visiting luxury properties and commercial buildings. Guest lecturers such as real estate agents and builders will be featured, as well. Here is a day by date, up close look at what we will cover.
First we’ll begin with the base knowledge you need to know. What does it mean to be pre-qualified for a loan? What does the loan process look like? You’ll learn terminology such as purchase and sale agreement, and you’ll learn how a sale is closed. Students will do their own appraisal Do their own appraisal, market analysis, direction the market is heading in, would it bring more as a home or the land?
Next we’ll focus on lucrative careers in banking and real estate. Successful Loan Officers make well into the six figures. What do you need to know in these fields? You’ll learn about amortization rates, appraisals, and how to safely make a deal. How do you determine a down payment? What are the terms of a loan – is it a 15 year fixed loan, for example? How are these loans are those calculated? What is an ARM loan? A home equity loan? How is all of this done by the bank?
SUMMER 2023 DATES:
July 24th – July 28th, 2023 | Wellesley
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‘Knowledgeable about real estate; learned most of job is up to intuition and not an algorithm. I like that [the teacher] was very ‘connected’ to me and others who were in the class, she was also very enthusiastic about real estate.‘
‘I enjoyed the program and thought the concepts were very interesting. The practice-related concepts were cool. [The teacher] was great and was definitely interested in making the class relevant to us.’
‘We had various guest speakers who introduced various parts of real estate. She taught us things we wanted to learn about. We visited a house she was representing.’
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