Fordham 2011

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IH21
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Re: Fordham 2011

Postby IH21 » Wed May 25, 2011 11:18 am

For the $$, something else to keep in mind that as a student you will probably need your parents to be a guarantor on any lease you sign as they require proof of ability to pay (usually a letter from your employer indicating your yearly salary) and if your yearly salary isn't over a certain amount (where I live now it is 35 times the rent) they require a guarantor. A guarantor has to provide proof of salary too, and for them it usually is double what they require you to have (so for my place it is 70 times the rent). It seems like a complicated process, but once you get the hang of it once it's all easy from there.

--------------------

StreetEasy is for buying not renting if I recall correctly.

--------------------

Google can be your friend for finding real estate management companies in Manhattan. Look for ones located in the areas where you want to live as the properties they own generally are nearby.

http://www.google.com/search?q=Manhatta ... 14ae16db6c

I've rented from Mautner Glick and SW Management in the past, and both show listings on their website. Both times though I've lived on the East side of the Island which is opposite Fordham.


Something else important to consider for anyone who hasn't been to NYC before is transportation. Make sure whatever location you live in, there is viable transportation to and from your school, work, etc. Look at how many blocks the nearest subway and bus stops are, and where those subways and buses go to make sure you have a fairly easy way to get to anywhere you might have to.

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2011Cycle
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Re: Fordham 2011

Postby 2011Cycle » Wed May 25, 2011 11:22 am

IH21 wrote:For the $$, something else to keep in mind that as a student you will probably need your parents to be a guarantor on any lease you sign as they require proof of ability to pay (usually a letter from your employer indicating your yearly salary) and if your yearly salary isn't over a certain amount (where I live now it is 35 times the rent) they require a guarantor. A guarantor has to provide proof of salary too, and for them it usually is double what they require you to have (so for my place it is 70 times the rent). It seems like a complicated process, but once you get the hang of it once it's all easy from there.

--------------------

StreetEasy is for buying not renting if I recall correctly.

--------------------

Google can be your friend for finding real estate management companies in Manhattan. Look for ones located in the areas where you want to live as the properties they own generally are nearby.

http://www.google.com/search?q=Manhatta ... 14ae16db6c

I've rented from Mautner Glick and SW Management in the past, and both show listings on their website. Both times though I've lived on the East side of the Island which is opposite Fordham.


Something else important to consider for anyone who hasn't been to NYC before is transportation. Make sure whatever location you live in, there is viable transportation to and from your school, work, etc. Look at how many blocks the nearest subway and bus stops are, and where those subways and buses go to make sure you have a fairly easy way to get to anywhere you might have to.



Streeteasy.com has a rental tab across the top

IH21
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Joined: Mon May 16, 2011 11:01 am

Re: Fordham 2011

Postby IH21 » Wed May 25, 2011 11:25 am

2011Cycle wrote:Streeteasy.com has a rental tab across the top


I never noticed that before. Thanks! It will come in handy when my lease is up next.

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2011Cycle
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Re: Fordham 2011

Postby 2011Cycle » Wed May 25, 2011 11:27 am

IH21 wrote:
2011Cycle wrote:Streeteasy.com has a rental tab across the top


I never noticed that before. Thanks! It will come in handy when my lease is up next.


your SW Management site was a new find for me as well -- Thank you.

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Lawst
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Re: Fordham 2011

Postby Lawst » Wed May 25, 2011 10:02 pm

Guys, if anyone's looking to sublet for a few months, I'm looking for someone to take over my place in Inwood from July through the end of September. It's $990 a month for a huge 1 bedroom. I know some people feel strongly about Inwood, but it's an easy commute to Fordham and I feel quite safe here as a single female.
I'm moving to Jersey to go to Rutgers for that sweet in-state tuition and nice scholly. Sad about giving up on Fordham, but what can I do.
I have an ad up on Craigslist - PM me for details. I don't want to spam the thread with my CL link.

hyperflipmode
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Re: Fordham 2011

Postby hyperflipmode » Thu May 26, 2011 1:09 am

Is anyone still waiting on a decision? I have been waiting for over two months now! Why don't they hurry up and make a decision :( !

play2win
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Re: Fordham 2011

Postby play2win » Thu May 26, 2011 1:23 pm

Hey guys - no, I was not on the waitlist. I had a 3.14 167 from a top tier school, and had good softs such as 2 years work experience in a law firm,honors program at my undergrad, and graduating in 3 years with a minor to boot. I applied very late in the cycle and was on my third complete date when i heard.

To the living situation - thanks for the facebook tip, I'll be sure to check it out. I was wondering if it is an absolutely terrible idea to just accept campus housing. I heard some people have issues with the Jesuit rules, or whatever, but I could probably deal with that if I had to. The price is fucking ridiculous but as it is I'm going to be looking at massive loans anyway, so I don't really care too much.

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Gemini
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Re: Fordham 2011

Postby Gemini » Thu May 26, 2011 1:30 pm

play2win wrote:Hey guys - no, I was not on the waitlist. I had a 3.14 167 from a top tier school, and had good softs such as 2 years work experience in a law firm,honors program at my undergrad, and graduating in 3 years with a minor to boot. I applied very late in the cycle and was on my third complete date when i heard.

To the living situation - thanks for the facebook tip, I'll be sure to check it out. I was wondering if it is an absolutely terrible idea to just accept campus housing. I heard some people have issues with the Jesuit rules, or whatever, but I could probably deal with that if I had to. The price is fucking ridiculous but as it is I'm going to be looking at massive loans anyway, so I don't really care too much.


Do it if you want to, but it's seriously not that hard to find a roommate. Even if you live in a 2 bedroom for $2600/mo (1300 per person), that's better than $1600/mo per person... with TWO roommates. In a dorm. With RULES. In a dorm. Where the undergraduates live.

I can only see ONE plus to dorming, and that's how CLOSE it is to the law school. SO close, in fact, that you don't even have to step outside to get to class (the buildings are all connected), which is perfect for snow/rainy days.

Your choice.

Eta: Fordham class of 2014/2015 on fb: http://www.facebook.com/home.php?sk=group_189807561046109&ap=1

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Stringer6
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Re: Fordham 2011

Postby Stringer6 » Thu May 26, 2011 1:57 pm

undergrads live on the law school campus?

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Gotti
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Re: Fordham 2011

Postby Gotti » Thu May 26, 2011 1:58 pm

Stringer6 wrote:undergrads live on the law school campus?

yeah in mcmahon hall ...there are some undergrad classes in lincoln center

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Gemini
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Re: Fordham 2011

Postby Gemini » Thu May 26, 2011 2:05 pm

Stringer6 wrote:undergrads live on the law school campus?


The law school is right next to the undergraduate building. McMahon Hall is shared by UG and LS students alike.

aliarrow
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Re: Fordham 2011

Postby aliarrow » Thu May 26, 2011 2:26 pm

Honestly I think the dorms will leave you in a better condition (financially) than an apartment, unless you have the $3k laying around to pay the move in fees.
If you get a regular apartment you'll have to either come up with enough to cover the summer, or sublease it if you work/study somewhere else, which could result in a loss. If you do stay in the dorm over summer, its only $2200 for the entire summer. You'll have to pay first and last months rent up front, which I think there is a way to use loan money for that (by staying in a hostel or something the first week of school and getting a place with a Sept. move in date), but then money would be very tight by the time you pay for that, along with the regular rent. Not to mention utilities, cable, [probably] furniture, and a metrocard.


When you take all factors into consideration, the dorm is about the same as somewhere off campus, except with the convenience of living right next to school in one of the most desired areas of New York.

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Gotti
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Re: Fordham 2011

Postby Gotti » Thu May 26, 2011 2:33 pm

aliarrow wrote:Honestly I think the dorms will leave you in a better condition (financially) than an apartment, unless you have the $3k laying around to pay the move in fees.
If you get a regular apartment you'll have to either come up with enough to cover the summer, or sublease it if you work/study somewhere else, which could result in a loss. If you do stay in the dorm over summer, its only $2200 for the entire summer. You'll have to pay first and last months rent up front, which I think there is a way to use loan money for that (by staying in a hostel or something the first week of school and getting a place with a Sept. move in date), but then money would be very tight by the time you pay for that, along with the regular rent. Not to mention utilities, cable, [probably] furniture, and a metrocard.


When you take all factors into consideration, the dorm is about the same as somewhere off campus, except with the convenience of living right next to school in one of the most desired areas of New York.

if i get my own room for $900 (i'll be living with 2 other people) close to campus, that already saves me $700 a month, which is $6300 saved for the school year that I could use for other things. If i live with my boyfriend i'll be paying like $600-700, which would save me at least $1000 a month.....and i don't have to live with randoms in a dorm where you can't have overnight guests or people over past 3am.

:?

aliarrow
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Re: Fordham 2011

Postby aliarrow » Thu May 26, 2011 2:36 pm

Gotti wrote:
aliarrow wrote:Honestly I think the dorms will leave you in a better condition (financially) than an apartment, unless you have the $3k laying around to pay the move in fees.
If you get a regular apartment you'll have to either come up with enough to cover the summer, or sublease it if you work/study somewhere else, which could result in a loss. If you do stay in the dorm over summer, its only $2200 for the entire summer. You'll have to pay first and last months rent up front, which I think there is a way to use loan money for that (by staying in a hostel or something the first week of school and getting a place with a Sept. move in date), but then money would be very tight by the time you pay for that, along with the regular rent. Not to mention utilities, cable, [probably] furniture, and a metrocard.


When you take all factors into consideration, the dorm is about the same as somewhere off campus, except with the convenience of living right next to school in one of the most desired areas of New York.

if i get my own room for $900 (i'll be living with 2 other people) close to campus, that already saves me $700 a month, which is $6300 saved for the school year that I could use for other things. If i live with my boyfriend i'll be paying like $600-700, which would save me at least $1000 a month.....and i don't have to live with randoms in a dorm where you can't have overnight guests or people over past 3am.

:?


Well yeah, that's pretty cheap then. Things get negligible once you're considering something for $1,300 vs the 1600 dorm. Anyone know if it's an awful idea to attempt living in Jersey City?

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Gotti
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Re: Fordham 2011

Postby Gotti » Thu May 26, 2011 2:39 pm

aliarrow wrote:
Gotti wrote:
aliarrow wrote:Honestly I think the dorms will leave you in a better condition (financially) than an apartment, unless you have the $3k laying around to pay the move in fees.
If you get a regular apartment you'll have to either come up with enough to cover the summer, or sublease it if you work/study somewhere else, which could result in a loss. If you do stay in the dorm over summer, its only $2200 for the entire summer. You'll have to pay first and last months rent up front, which I think there is a way to use loan money for that (by staying in a hostel or something the first week of school and getting a place with a Sept. move in date), but then money would be very tight by the time you pay for that, along with the regular rent. Not to mention utilities, cable, [probably] furniture, and a metrocard.


When you take all factors into consideration, the dorm is about the same as somewhere off campus, except with the convenience of living right next to school in one of the most desired areas of New York.

if i get my own room for $900 (i'll be living with 2 other people) close to campus, that already saves me $700 a month, which is $6300 saved for the school year that I could use for other things. If i live with my boyfriend i'll be paying like $600-700, which would save me at least $1000 a month.....and i don't have to live with randoms in a dorm where you can't have overnight guests or people over past 3am.

:?


Well yeah, that's pretty cheap then. Things get negligible once you're considering something for $1,300 vs the 1600 dorm. Anyone know if it's an awful idea to attempt living in Jersey City?

but that $300 is also offset by living a little further away and being able to have overnight guests/people over past 3 am! (clearly this factor was my primary annoyance with the dorms besides the price hahaha)

aliarrow
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Re: Fordham 2011

Postby aliarrow » Thu May 26, 2011 2:41 pm

Gotti wrote:but that $300 is also offset by living a little further away and being able to have overnight guests/people over past 3 am! (clearly this factor was my primary annoyance with the dorms besides the price hahaha)


Lol silly, law students don't have sex.

But seriously, I saw you can pre-request an overnight guest. Do they have to be the same sex? I thought I saw somewhere girls can't stay the night, but I don't know if that applies when you give the advance notification.

aliarrow
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Re: Fordham 2011

Postby aliarrow » Thu May 26, 2011 2:53 pm

Just withdrew, good luck everyone! Hope someone gets my little bit of $

lunalovegood
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Re: Fordham 2011

Postby lunalovegood » Fri May 27, 2011 12:14 am

aliarrow wrote:Just withdrew, good luck everyone! Hope someone gets my little bit of $


just got in off of the WL for full time ! :) soo happy... but the dilemna now .. to pay sticker at fordhamm or cardozo with half tuition scholarshipp... hmm

patallica22
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Re: Fordham 2011

Postby patallica22 » Fri May 27, 2011 9:45 am

aliarrow wrote:
Gotti wrote:
aliarrow wrote:Honestly I think the dorms will leave you in a better condition (financially) than an apartment, unless you have the $3k laying around to pay the move in fees.
If you get a regular apartment you'll have to either come up with enough to cover the summer, or sublease it if you work/study somewhere else, which could result in a loss. If you do stay in the dorm over summer, its only $2200 for the entire summer. You'll have to pay first and last months rent up front, which I think there is a way to use loan money for that (by staying in a hostel or something the first week of school and getting a place with a Sept. move in date), but then money would be very tight by the time you pay for that, along with the regular rent. Not to mention utilities, cable, [probably] furniture, and a metrocard.


When you take all factors into consideration, the dorm is about the same as somewhere off campus, except with the convenience of living right next to school in one of the most desired areas of New York.

if i get my own room for $900 (i'll be living with 2 other people) close to campus, that already saves me $700 a month, which is $6300 saved for the school year that I could use for other things. If i live with my boyfriend i'll be paying like $600-700, which would save me at least $1000 a month.....and i don't have to live with randoms in a dorm where you can't have overnight guests or people over past 3am.

:?


Well yeah, that's pretty cheap then. Things get negligible once you're considering something for $1,300 vs the 1600 dorm. Anyone know if it's an awful idea to attempt living in Jersey City?


I used to commute to nyc from Jersey City....it's not too bad. Depending on how close you are to the path train in JC, it will probably be 30-45 minutes door to door to Fordham (path to Penn Station, uptown train from Penn)

cr1stina
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Re: Fordham 2011

Postby cr1stina » Fri May 27, 2011 10:35 am

What do poor people do to rent an apt? I've saved up money for the move but what worries me is signing a lease.

Both my parents are very poor, so from what I gather they won't bve suitable guarantors. I'm looking to live somewhere near the law school w/roommates and I will be able to pay rent and move in fees and all, I'm just worried about being approved for a lease....what do others do in this situation? Will one roommate sign the full lease or is it divided? Thanks!

IH21
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Re: Fordham 2011

Postby IH21 » Fri May 27, 2011 10:50 am

cr1stina wrote:What do poor people do to rent an apt? I've saved up money for the move but what worries me is signing a lease.

Both my parents are very poor, so from what I gather they won't bve suitable guarantors. I'm looking to live somewhere near the law school w/roommates and I will be able to pay rent and move in fees and all, I'm just worried about being approved for a lease....what do others do in this situation? Will one roommate sign the full lease or is it divided? Thanks!


When it's a multiple room/multiple roommate apartment, there is still only one lease and as a result only one guarantor (most managing agents won't even allow for a second guarantor) which means if one of your roommate's parents qualify you are golden. Some parents are not willing to do that, however, since they would then be assuming the risk of a kid they don't even know. For example, if your roommate's dad acts as guarantor on your lease, if you stop paying your half of the rent they legally go after him for that money. Some parents aren't willing to take on that risk.

The best thing to do is just contact the management companies you are considering renting from yourself, explain the situation, and find out what the protocol is. A lot of these companies own several buildings (at least) each with many units where they rent 10-100 of them a month. They've seen almost every situation possible and can tell you exactly what you need to do for yours.

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Lwoods
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Re: Fordham 2011

Postby Lwoods » Fri May 27, 2011 10:52 am

cr1stina wrote:What do poor people do to rent an apt? I've saved up money for the move but what worries me is signing a lease.

Both my parents are very poor, so from what I gather they won't bve suitable guarantors. I'm looking to live somewhere near the law school w/roommates and I will be able to pay rent and move in fees and all, I'm just worried about being approved for a lease....what do others do in this situation? Will one roommate sign the full lease or is it divided? Thanks!


Find a sublet on Craigslist or through friends or go with student housing. I thought I grew up rather comfortably, and even my parents (who live in a very LCOL town) aren't suitable guarantors by NYC standards. Typically, (and this was a few years ago, so it may be a little different now and vary from building to building), a guarantor's annual salary would need to be 90x the monthly rent and/or a resident's salary would need to be 40x the monthly rent. I was just under the 40x threshold for my first apartment because it was a 2 bdrm I was going to share with my then unemployed brother. My dad's salary was also slightly below the 90x threshold, so my broker advised I put my dad down as my roommate instead of as my guarantor. Our combined salaries were more than enough, but yeah, that was quite the work around.

My brother ultimately got a job, but it still pays shit, so he just finds sublets on craigslist. I am thoroughly impressed with his ability to find $500/month rooms.

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aaaaaah
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Re: Fordham 2011

Postby aaaaaah » Fri May 27, 2011 11:04 am

IH21 wrote:When it's a multiple room/multiple roommate apartment, there is still only one lease


You can co-sign a lease with your roommate(s) and I'd really recommend doing so. Maybe I'm paranoid, but I'd never want to live in an apartment without the security of a lease. At the very least, ask for a sublease.

I'd actually suggest looking at smaller buildings to find landlords who are more flexible about your financial situation. Management companies generally have to follow protocol regarding the need for guarantors, but I've had a couple of landlords of buildings with just a few units who were willing to work with me or my roommates if we didn't meet certain criteria for signing the lease. I had a roommate a couple of years ago in a walk-up in Long Island City who simply showed our landlord her loan papers and was approved.

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aaaaaah
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Re: Fordham 2011

Postby aaaaaah » Fri May 27, 2011 11:08 am

Also- people just moving to NY, don't forget to sign up for Living Social/Groupon/Gilt City. Soo many great deals!

LS-boundNYC
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Re: Fordham 2011

Postby LS-boundNYC » Fri May 27, 2011 4:08 pm

Does anyone have a sense of how the WL is moving this year? LSN and this board only have a few acceptances so far this cycle, but my impression was that Fordham usually had some decent movement from the list...is it too early?




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