Educational Opportunities and Their Influence on Real Estate

Different people purchase different properties for different reasons. There are obvious reasons: proximity to job, proximity to family, great deal, local housing market value expected to increase, etc. Another more prominent variable in home buying, especially for parents, are the surrounding educational opportunities.

In general, schools become overcrowded in cities with large populations and limited space. The better schools often have to form waiting lists due to the dilemma. New York Times Writer Christine Haughney recently interviewed a family in New York. The family hired an educational consultant to help them find the best schools in the areas they were interested in. Based on the consultant’s recommendations, they purchased a small 2-bedroom apartment for nearly $2 million near the suggested school. Full Article

“I don't see this as a nationwide issue. This is more centralized to NY City. In other areas such as Florida, there is a "Choice Program" which means parents can choose the school their children attend regardless of where they live. Naturally, the better schools have a longer waiting list.”

– Mentorlynx Mentor and Trainer Eric Von Heal

So it seems that different areas have different educational policies. Don’t forget to look into the educational opportunities nearby the next time you’re considering purchasing a property, especially if the majority of those interesting in housing in the area are parents with school-aged children.





Have you had any homebuyers solely focused on surround educational opportunities?

Cliff's Students Ray and Wayne's Rehab Project, Update 2

Hey everyone! It’s been super busy here at the office. Keep sending us your updates! We love to hear from previous students.

We have a bunch of photos of Ray and Wayne's rehab property in Hemet, CA, on our Mentorlynx page on Facebook. It’s pretty amazing what Ray and Wayne have done in such a short amount of time. You’ll have to check out the pictures for yourself.





Here was the last update from Ray himself:

We have completed all of the changes in the electrical system. We decided to open up the master bath. We removed the walls inside it and it made a huge difference. The bathroom doesn't seem so tight now. We removed the rock from the front yard and installed a new sprinkler system front and back. We have replaced the fence on the north side. We have patched back all the holes created in changing the electrical wiring. Today we insulated and dry walled the garage interior. We will install the new tub and shower pan tomorrow on Friday and finish off around them with wonder board in preparation for tile on the walls.

The electrical system was pretty haphazard. We were surprised it ever passed inspection. It is all corrected now and each bedroom will have a light switch for the ceiling fans. The kitchen will have a light switch for the can lights and the dining room will have a light switch for the can lights. We also installed can lights in the hallways. Actually everything has gone fairly smooth so far.

Ray Woll

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Ray Woll: steele823 at aol.com Cell: 909-534-98644
Wayne Hlebasko: whlebasko at aol.com Cell: 626-485-6811

(To protect their emails from auto spam, we used “at” instead of the @ symbol, simply substitute “at” for “@” when emailing either Ray or Wayne)

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Mentorlynx
Customer Support
customersupport@mentorlynx.com




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