Welcome to NewHampshireREIA.org & MassRealEstate.net
Join One & you're a Member of both! ( there was a lot of duplication with member access & emails, this should be smoother for our great members)
Tuesday, September 24, 2024 6:30-8:30pm
Must Freeze Your Credit! Y? Wholesaling Basics. "Sweat Equity" NO! RE Market Update. Summit
Next Tuesday, September 24, 6:30-8:30pm On-Line meeting
EVERYONE: It's so common you don't even pay attention anymore...
Example from Vox: "...as many as 272 million Social Security numbers are floating around hacker forums after someone stole them from a Florida-based background check company called National Public Data..."
Take a minute (maybe 30 minutes) to look this over: Wikipedia Data Breaches :-0 (0)
Well my good friend George has spent a huge amount of time on the topic, he'll tell us why 9/24. And he reminds us that you've got to have Good (actually Great) Credit to make it in Real Estate. He's found a way that other Experts "Freeze" their Credit and they avoid these Consumer Hacks impacting their accounts.
That's what gives you an edge in Real Estate! Your Great Credit let's you borrow at the lowest rate which allows you to borrow MORE money with LOWER payments! George'll give us all his insight & Teach YOU How to protect yourself from the common Consumer Hacks that surround us!
REAL ESTATE INVESTORS: At least once a week someone sends me a "Wholesale" (supposed to be below market) Deal that's more like Retail (at market pricing). Then they explain why I should move ahead on this Deal ASAP. I don't think they're trying to take advantage of anyone but I do think we can go through it and they'll realize they could do better, much better!
"Sweat Equity" - Real Estate Investors & Homeowners can use sweat equity to do repairs and maintenance on their own rather than pay for traditional labor. We've all done it, especially when we were getting started. Just like taking in "marginal" Tenants that you know will turn out "good" (and they don't:-(. OK but it turns out to be the WORST investment (your Time) that you can make, which may even Cost you more than you save! Tuesday, September 24, I'll give you an example of MY "Duh" moment!
Lincoln's back in time from a Business Conference to bring us the Real Estate Market Update!
Summit 10/31 On Halloween, your competition will disappear. We’ve got great news, On October 31st, all your competition will be GONE. The bad news is, they’ll only be gone for 4 days to the National Real Estate Investing Summit. The worse news is, when they come back, they’ll know how to:
- Find better deals Get better financing Make every deal they do more profitable, and Invest in things you DON’T know how to invest in, like self-storage, shared housing, notes, land, and apartments. But the good news is, you can JOIN them (and have fun, and build life-long friendships!) just by coming to Cincinnati, too! It’s easy (and inexpensive) to get your ticket HERE (8) . Don’t try to beat ‘em. Join ‘em.
Mike@MassRealEstate.net Director MassRealEstate dot net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
P.S. Can’t be at the Summit in person…or can’t attend all 4 days in person? You can also attend from home, watch sessions all day, and get the recordings of every single one of the 30+ regular sessions by going HERE (7) and selecting “virtual attendance”.
August 27, 2024 1.Topics and Events. 3.Home Inspection numbers turned around!
1. We've got 2 important Blogs on our Site:
MassRealEstate.net & NewHampshireREIA.org are your Websites. You're welcome to review the past years meeting and suggest Topics to hear more about in the near Future from the list.
I look forward to see you soon, Mike@MassRealEstate.net Director, MassRealEstate dot net & NewHampshireREIA dot org PO Box 307, Marblehead, MA 01945
PS I'll be Calling everyone on our list (1733 Members & Expireds) in the next week with 3 questions:
A. What's an Event that you would bring Friends to?
B. Which Topics would you like to hear more about?
C. What's Your Expertise to share with us?
3. As you may know, (and it's very important to have your Attorney look over any Contracts before you sign them) traditionally Real Estate purchase contracts Consist of an "Offer to Purchase" followed up by a "Purchase and Sale Agreement". In the past several years the Two most important Contingencies (Financing & Home Inspections) have often been waved at the "request" of Sellers in this super hot Sellers market. However our favorite Home Inspector Lenny Licari called in to our last GoToWebinar with some interesting facts. That Sellers can no Request a Waiver of the Hoe Inspection for an Offer to be considered.
In the past 2 years Lenny has seen 80% of Sales take place with NO Home Inspection. However about 20% of those purchases with the Waivers have resulted in between $60 and $200 thousand dollars worth of necessary repairs. So our Leaders have made it impossible for Sellers to request a Waiver.
Result Now Lenny's business has boomed as he Saves unsuspecting Buyers (and sometimes Sellers) huge costs in needed repairs. So if you need him and his team Call ASAP to schedule a thorough Home Inspection (don't forget to ask for the MassRealEstate MEMBER discount)
617-426-7676 Lenny, Shawn or Michael
bsurehomeinspection1@gmail.com
I look forward to see you soon, Mike Hurney, Director, MassrealEstate dot net/NewHampshireREIA dot org PO Box 307, Marblehead, MA 01945 |
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Good Luck, Smart Investing and Have a Great Week!
Was this helpful? Pass it on!
Tuesday, August, 27, 2024 6:30-8pm
Evictions to be Sealed? No more Buyers Broker fees and Home Inspection Law.
Some Big changes to some of us, others have seen it coming and have been getting prepared.
I'll see you on Tuesday, August 27, 2024 6:30-8:30pm On-Line where we'll help you strategize for these changes if you're not prepared already.
By the way - Who's the worst Tenant you can have in your Rentals?
An Attorney? Law Professor? Law Student? Those go without saying. And they are not in one of the 15 Classes you can't discriminate against.
THE worst Tenant you can have, is one who knows the Tenant/Landlord: Rules/Regulations/Laws better than you. But it doesn't take much to get that knowledge -Yourself! More on 8/27
Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945 No Charge to Members, Only $25/Guests or $149/Year Membership
PS Have you checked your "perks" at Home Depot? When they expire, you don't get them back. You also need to check that your membership is current in MassRealEstate.net/NewHampshireREIA.org
***PPS I was just in my ProXtra account and found out the PERKs I tried to use yesterday expired today. After a quick call (2 minutes and 31 seconds) Vincent renewed them and I've got the $75 I earned with my "Spends" at Home Depot!
7/30/24 - Finding Real Estate Deals in this "Tough" market A-Z
How come some folks are doing well, finding Properties to Buy/FixUp/Rent or Sell and others seem to just miss opportunities, then cry about it?
You're on the current ACTIVE Members list that's why you're receiving this link directly:
..... You're Membership may have expired, contact Mike@MassRealEstate.net (it'll be good to catch up with you!)
What we'll do?
Lincoln'll give us his Market Update!
- Real Estate:
- Review, Finding the Best Real Estate Deals IN OUR AREA!
- All the Steps to Purchase Properties.
- Tenant/Landlord problems and the Simple solutions!
- Maximizing ROI!
Special Appearance and Special Offer from our Good Friend Tony Youngs!
- Who's made a Career, That's a Successful Career, of finding Opportunities in the Hidden Market!
- Home Depot - Contractors don't forget to take advantage of our Number #1 Vendor, HomeDepot.com who has paid millions to research Commercial and Residential building material trends: What's Hot? What's Not? and When to find Buyers with their Tax Returns, Ready to upgrade! This can be your roadmap to what your Customers are looking to do!! Check out the online or in-store flyer!
Last Tuesday of the month! 6:30 - 8:00pm GoToWebinar No charge for Members, Only $25 for Guests or Only $149./year to join!
- Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
May also want to bring your Haves & Wants??
I look forward to see you this evening, Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org Mike@MassRealEstate.net
Don't forget... "Revisiting the Fundamentals" Blog
by Jeffrey Watson Controlling Your Labor and Material Costs & Rather be Right or Rich?
June 25, 2024 6:30-8:30pm
https://attendee.gotowebinar.com/register/8834703912661192540
Lead Paint? Catch-up with Peers on how to do your Projects 5/28 6:30-8:30pm
Thought I was busy, until I spoke to some of you folks! Here's a few of our Projects:
#Finished one of two kitchens with some very nice JSI cabinets from Pete. Replacing window sills with either Azek from Home Depot ($8.25/LF:-0) or dried Pressure Treated (my brother cautioned us how the new wet stuff, dries out and leaves gaps:-(
#Setting up for 17 CSF of Architectural shingles, strip and replace. Someone suggested 6 nails per tab:-0 as long as the nails are perpendicular I'm good with 4. Some of the crew seem to be trying to set a record and banging those nails at a slight angle which will cut through the shingles and a high wind'll loosen them. Don't forget to check your air pressure AT the gun so the nails are also flush.
#Painting - we'll be using PaintShavers Pro 12Amp to strip the paint on 3 houses but we need a HEPA vacuum attached to it.
Tuesday's meeting Jerry will go through the Lead Paint removal laws and how he detects it with his X-ray gun.
#Salem now has an aggressive program to "Inspect" all their rentals every 3 years. It seems there are 1500 in the city complying but 3000 more are behind. We just finished one. The usual problems:
Replacement window won't stay open, another won't lock. Vanity hot water Temperature is 133F Sanitary code says 130F Max. Common area Lights and Smokes ARE on a separate House meter!!! Porch railing is loose, two steps are cracked. Prove the outside entrance light comes on for motion at night with videos/pictures of all these items when they're corrected.
#Working on stopping the Japanese Knotweed at one house. About 500 "plants" grew 5' in 3 weeks! The Horticulturalist showed us how to end this Invasive species with Glyphosate, the technique is not what you'd think, I'll show you at the meeting Tuesday. Or we could just "harvest" the plants, roots and all, twice per Summer:-(
I'm starting to swim (or just dunk 55F) at the Beach instead of swimming at the Y each morning and getting ready for some fishing!
Anyway, My "busy" schedule is just about an average work load for some of you folks. It'll be good to catch up with you Tuesday at Pete's 47 Newbury Street (Route 1 North, jus before Sonic Carhop) Peabody, MA 01960
Have a Safe and Happy Memorial Day, Remember to Honor those that made our life in this great Country possible.
Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
PS You may want to check out BostonEvents.com for some freebies in the City on Monday - MFA & ICA are free.
PPS Don't forget to check that your Membership is current at MassRealEstate.net/NewHamsphireREIA.org to take advantage of the 5 Home Depot Discounts and Benefits and all the other Vendors that we work with on the Member Benefits page.
Voice Mail Update we also just emailed it to YOU:
Tomorrow, Tuesday, April 30, 2024 6:30-9pm IN-PERSON DesignGroup47.com 47 Newbury Street, (Route 1 North, just before Sonic CarHop) Peabody, MA 01960
Networking, We’ll have an expert at each table and we change every 15 minutes, so you can hear them all!!!
Good morning this is Mike Hurney at MassRealEstate.net & NewHampshireREIA.org Also (Bom Dia & Buien Dia)
I understand most of our Members are doing very Well right now and it may be time to look deeper into Real Estate as an Investment
So we’re here to Network and help each other Survive and Thrive!
Tomorrow evening Tuesday April 30 6:30pm we’ve got the Experts you need to accomplish that:
1.Appraiser - When you’re Ready - What’s a Property worth to a Buyer or Lender? Michael
2.Top GC - What do you need to be Successful in your Contracting Business? Rich
3.Flipper that went Landlord - Makes Sense to me. That’s the Golden Eggs each month instead of 1 good meal. John
4.2 Short Term Rental Owners/Experts that also do Medium Term - This can Gross 3-4 times your current monthly rent here’s how to do it RIGHT! Liann & Christian
5.Loss Adjuster - Just in-case you ever have a Mishap…
6.Boston Board-Up - When you need your Property or Project Secured FAST, with Lou!
7.Home Inspector Lenny - Sellers says Cost to fix is minimal, Buyer says it’s Way expense. Lenny says No, this is what’s involved!
AND
A New Feature, 15 minute Cheat Sheets - This time Rental Real Estate Basics! I’ve been getting a lot of questions that folks in that business should already know! This WILL help you. https://www.massrealestate.net/Blog/Default.aspx
Again this is Mike Hurney and I look forward to see you IN-PERSON at 47 Newbury Street (Route 1 North, just before Sonic Carhop) Peabody MA
Pete will have us tour his Warehouse and introduce us to his high-end flooring which is at very competitive prices.
And MOST IMPORTANT Lincoln’s RE Market Update!
Also Refreshments from Marco’s Pizzeria
No Charge to Members, Only $25/guests or only $149/year to join!
Networking.
We've arranged some of your favorite Speakers and Experts who'll be at Tables, then we'll change every 15-20 minutes.
Appraiser Michael... Selling a House? What do you think it's worth? What does your Broker think it's worth? How about your In-Laws & Neighbors?
Well, THE Most accurate Values are generated by Independent Licensed Appraisers! Michael will show us how an Appraiser, like himself, can generate a Detailed Accurate Value of your Property. This should pay for itself MANY times over by having THE accurate price that will get it sold quickly and without a lot of hassle. Also accurate Property Appraisals with that Professional Appraiser can prevent a lot of Grief in Divorce situations!
Richie, local GC & Master Electrician - Which Tools, Equipment and Business Structure you NEED to be in Business!
John who graduated from Flipper to Landlord, What took him so long?
Short Term Rentals 2 Top Experts Liann & Christian! Short, Medium & Long terms??? AND how to Simply comply with restrictive Zoning rules.
Professional Insurance Loss Adjuster - Len When NEVER to call your Insurance Carrier!
Boston Board Up - Lou, when you've got an Emergency!
Professional Home Inspector, Lenny ("by the way, with all this rain, check those gutters! In a downpour, look at what's coming out at the bottom, make sure it's directed AWAY from the foundation!")
& an Insurance Agent.
How to Build and Run a Construction Business. March Tues 3/26 6:30pm
This Tuesday Meeting is ONLY for Members of MassRealEstate dot net & NewHampshireREIA dot org (only $25 for guests or join only for $149/year) We'll probably have notes for anyone else, requesting them.
So please check that your Membership is Current. It'll also be an update for those Contractors in Business.
Mike Hurney is inviting you to a scheduled Zoom meeting:
Topic: How to Build and Run a Construction Business
Time: Mar 26, 2024 06:30 PM Eastern Time (US and Canada)
Claud is a US Army Combat Veteran and he previously worked on Wall Street before the market downturn in 2008. He currently lives and works as a Contractor in New York City) he will be joining us with: All the Tricks of the Trade to Build a Successful Contracting Business.
"This incisive, practical guide provides a thorough breakdown of the ins and outs everyone needs to know when turning their Contracting skills into a business. From summoning the motivation to start your own business to the intricacies of Being Your Own Boss. Claud artfully turns his personal experiences and those of other successful Contractors into advice on every aspect of starting and building a business. The chapters focus on:..."
I look forward to see you there, next Tuesday, Mike Hurney, Director MassRealEstate dot net & NewHampshireREIA dot org.
Mike@MassRealEstate.net PO Box 307, Marblehead, MA 01945
All the Tricks of the Trade to Build a Successful Contracting Business! Tuesday, March 26, 2024 6:30-9pm ZOOM
We'll have an interesting meeting with our 90 minutes of Claud on Zoom and you'll have a chance to win an Autoraphed copy of his Best Selling Guide INCLUDING his Update for 2024-25!
Guys, if you haven't seen this Powerful Tool, (Property Analyzer Tool) available to all Members on their site, for a small fee, I'll set up another Demo?
It's a Must-See! Mike@MassRealEstate.net
See you at (3pm) 4pm EST for the Property Analyzer Demo, Nick's Legislative Report for NH & Lenny's Tip &Offer
1. I look forward to see you at (3pm) 4pm EST. Property Analyzer Demo
In this webinar, Mike J. will demonstrate the Property Analyzer Tools which includes:
- Repair Estimate Worksheet
- Scope of Work
- Seller Net Sheet
- Offer Generator Wizard
- Letter of Intent Generator
Register for this Free Webinar Now!
Date: |
Tuesday, March 12, 2024 |
Time: |
4:00 PM - 5:00 PM Eastern Time |
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These powerful tools are available through MassRealEstate.net and are perfect for:
- Rehabs
- Wholesaling
- Lease Options
- Subject 2
- Sweet Equity Programs
2. ==Legislative Update, 2024 #10== Major bill win. Major bill work session. Class scheduled for EPA RRP crack down in Manchester.
https://www.massrealestate.net/Blog/Default.aspx
3. Our Pal Lenny, The Home Inspector who everyone loved at our last meeting 2/27/24 has a Tip for us and a Special Offer for those Sellers wise enough to get a Home Inspection before going on the Market! Or Savvy Buyers who use this his report as a Negotiating Tool & an Owners Manual for their Home.
Take a look at your Roof for missing, damaged or loose shingles. Any obvious Leaks. Moss?
Also clean any Salt from your entrances, especially Masonry, landings or steps.
4. and from Jeff our Landscaper: Around your house edges, use mulch around cement or bricks, rocks around wood or window sills. Also check and insure, if there is dirt or mulch near windows or wood, that there is no wood buried or it will rot.
I look forward to see you soon, Mike Hurney Mike@MassRealEstate.net
February 27, 2024 6:30pm - Home Inspections? ZOOM
3 Reasons they're ESSENTIAL when Selling a Property.
-Crystal Ball for 2024 Housing Market Forecast.
-Property Analyzer Tool:
Mike Hurney is inviting you to a scheduled Zoom meeting.
Topic: Inspection for Sellers, Repair Estimating & Contractors Safety 2/27 Zoom
Time: Feb 27, 2024 05:30 PM Eastern Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/82601638951?pwd=TDRhaXlxUW0vVE0xbEc5eTJXbEMwUT09
Meeting ID: 826 0163 8951
Passcode: 329519
- Get your Repair Estimates, QUICKLY And Accurately - with the Repair Estimate Worksheet
- Scope of Work - Have all the Details to stay Under Budget$
- Seller Net Sheet - "Here's How we came to this Offer..."
- Offer Generator Wizard - You'll be Consistent and Get the Deals!
- Letter of Intent Generator - Don't just Think about making your Offers.
February 27, 2024 6:30pm
Best work practices for your Biggest partner, Market update & Buy-Sell-Network,
This evening-1/30/24 6:30pm
(Link has been sent to Members, any trouble - Mike@MassRealEstate.net)
1. You HAVE to work with your Biggest partner, here's how to have the Best results. Video from Michael Smith IRS Agent, also Our own IRS Enrolled Agent in-person!
2. I'm baffled by the sustainability of this Housing Market, here's what's driving it and How long it may last? from Lincoln.
3. What're you looking to Buy, when you focus, you'll find it! Selling? Are we at the Top? What'll you do with the Proceeds? TaxWise of course! Networking - you need what? and have that?
I look forward to see you there! Mike Hurney, Director, NewHampshireREIA.org & MassRealEstate.net PO Box 1560, Nashua, NH 03061
PS Important "MOLD" article in our Blog
https://www.massrealestate.net/Blog/Default.aspx
& NH Legislators seem to be working overtime for you (? really) also in our Blog
Log in to this Eve!
1/5/24 Let's get together at Kelly's for Movers & Shakers 1st Friday of the month.
Good morning & Happy New Year.
We've got an ambitious year planned for the Associations and even more for my Real Estate Investing business, which we're glad to share, also a little more Passive Income.
Landlords, Don't forget New Shovels, Sand & Rock Salt at your properties, so your Tenants can start digging out instead of calling you as the first flakes fall. Word's up about a Nor'easter this weekend? Maybe get your snow blowers ready? & check with your Plow guys.
I look forward to see you, Friday, January 5, 2024 6:30-8pm at Kelly's, 165 Endicott Street Danvers, MA 01923-3657
Mike Hurney, Director NewHampshireREIA.org & MassRealEstate.net PO Box 1560, Nashua, NH 03061
PS Don't forget to check your membership so it does not expire and I have to chase your Home Depot rewards for you.
PPS You may want to RSVP Mike@MassRealEstate.net for Friday so we've refreshments for you and a seat. No charge to members only $5 tip for waitstaff for non-members. Still only $149/year to join.
Tuesday 12/19 6:30pm Harry will educate us on:
Credit A-Z!
Then we'll cover the RE Market Update & Projections (Plan for) 2024!
Want your Complimentary Credit report? Not the Phony Credit Card one, you can't use for a mortgage.
I'm working with a gentleman whose Business it is, to help You with YOUR borrowing. As you know your ability to borrow is ALL dependent on your mid FICO score. (that's Fair Issac & Company, the Industry Standard for Credit Reporting) not the "Credit Card Company, report" the CC company sends you. (If you bring that "Credit Card Company report" to a Mortgage/Bank Lender, watch them roll-their-eyes, then they'll have go to FICO for your Tri-Merge)
#We'll learn ALL the factors that make up our reports.
#Where that information comes from and how often it's updated.
#How to find Errors (they say 1 in 3 reports has an impactful error)
# AND How to Correct them.
Plus - How Harry can Improve your Score, Increase your Borrowing Ability and Lower your Payments - Significantly!
#12/19 Main Meeting - Did you know the difference in your Credit Scores between 730 & 599 can cost you $9,616. when buying a *Car or $201,444 on your next **Mortgage. Find your Score for Free and How you can Improve, Correct and/or Restore it.
*As mentioned above a low score can cost you: $9,616 MORE For the exact same car and price!. This same thing happens with your credit cards, mortgages, loans, etc.
** Again a low score can also cost you: $201,444 MORE. ($250,000 Mortgage 30Fixed) For exact same home & price! Cleaning up your credit will lower your bills and can save hundreds of thousands of dollars!
I look forward to see you next Tuesday 12/19/23 6:30pm on GoToWebinar, Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945 Mike@MassRealEstate.net
REPLAY 12/12/23 6:30pm Members Only! Advanced Estate Planning. Recession! & Commercial Property. GoToWebinar
Members Only! Advanced Estate Planning. Recession! Commercial Property. GoToWebinar 11/28/23 6:30pm
I hope you also had a great Thanksgiving!
#It seems most of us have focused on Asset Protection from Frivolous Lawsuits & Fraudulent Creditors Claims while trying to be "Tax Efficient" but what happens to your Estate now? and in the future, as we transition? Our National expert, Estate Planning Guru has some answers AND questions you should be asking yourself!
#Lincoln's Real Estate Market Update!
#Where are we in the Real Estate cycle right now (check out this leading indicator:-( and what Important steps should we be taking to protect ourselves.
#How do you know it's a good (Commercial) deal? Easy to figure for Residential Real Estate but the guidelines for Commercial and larger Income Properties are different. With the High borrowing Interest Rates (& Plenty of Cash) you've got to be very careful. Primer: "Cash on Cash Return" and "Cap Rate" with Kevin.
I look forward to see you tomorrow 11/28/23 6:30PM GoToWebinar
Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945 Mike@MassRealEstate.net
Tuesday October 31, 2023 6:30-8pm (on-line)
Avoid PROBLEMS (w/Contractors Insurance)
What are you actually BUYING? (basics of Title Searching)
& $Gift Card for the Best Tenant SPOOKY Story. (guidelines WID, WH & WIWIHD. 25 (ok 50) words or less, No personal details will be shared but document to Mike.
Important Graph Adjusted 9/8/23 Forecast from the "Experts"
Tuesday, September 26, 2023 6:30-8pm on-line GoToWebinar
We look forward to see you for
Money for "Over-Asking"? Tax Tips, Building Code & Tenant's Sanitary Code. Also Your Buy/Sell concerns?
Click here! & We'll see you this evening, Mike
Anything to share with our Association, Concerns, Successes? Mike@MassRealEstate.net
New Trivia 9/26 to win a Marco's Restaurante Gift Card!
See you on-line GoToWebinar, Mike
Tuesday, August 29, 2023 6:30-8pm on-line GoToWebinar
We look forward to see you
6:30-7:30pm, RE Investing dilemma, Invest in Maintenance: $in vs Downside. Pets, & Your Buy/Sell concerns? Q&As
*1. Friend just bought a Commercial/Industrial building on Eastern Avenue in Gloucester, his Dilemma: Restore it to Business & Apartments, Condo it, or make it all Apartments?
I know what I'd do! What do you think?
*2. What costs under $50 for parts, under $100 in Labor but could Cost YOU tens of thousands if it fails? Answer with Pictures at 11pm, kidding, Answer in the next email.
*3. Know how complicated the Pet thing is for Landlords? We've got an hour long video presentation that I'll bet you don't last through!
and RE Market update with Lincoln!
Tenant/Landlord Q&A (What's your 1st move when Rent is late?)
Contractors Q&A (Residential Handrails, When and Where?)
See you tomorrow evening, Mike!!
Anything to share with our Association, Concerns, Successes? Mike@MassRealEstate.net
New Trivia 8/29 to win a Marco's Restaurante Gift Card!
See you on-line GoToWebinar, Mike
Trivia ANSWERS - We had a tie last night 7/25/23 David & Peter, both win cards!
- Trivia Question 1 Staging a rehab means?
- Placing furniture and decorations in a property for resale.
- The different phases of construction.
- The order in which permits are certified.
- What gets rehabbed and when.
Trivia Question 2 Which was the first state to adopt and legalize the LLC?
- Nevada
- Wyoming
- Delaware
- None of the Above
Trivia Question 3 The Last State? Massachusetts
Trivia Question 4 What is “Pass–Through Taxation” with an LLC?
- An LLC doesn’t have to pay taxes.
- LLCs only pay taxes at the owner’s personal income tax level.
- The IRS allows an LLC to “Pass” on paying taxes.
- An LLC pays taxes at the business level.
Trivia Question 5 What needs to be in a contract for it to be assignable?
A) And/or Assigns (as part of the buyers name)
B) An Assignability Clause
C) Nothing at All. All contracts are assignable unless they specifically have a Non-Assignability Clause.
D) All of the Above
Trivia Question 6 What does the "Right of First Refusal" mean?
A) You have the right to purchase a property at the same terms as a seller may have accepted from another party.
B) You have the right to refuse an offer
C) You have the first right to exercise an option
D) All of the Above
Trivia Question 7 What is the Hot Water range that must be provided to any Massachusetts Tenants Baths or Showers?
A) </= 211F
B) >/= 33F
C) 110-130F
D) 110-120F
Trivia Question 8 What minimum temperature must be maintained to all Habitable rooms and bathrooms for any Massachusetts Tenants?
A) 64F Year round
B) 68F Year round
C) 68F September 15th - May 31st
D) 68F September 15th - May 31st 7am - 11pm & 64F 11:01pm -6:59am
(Trivia Questions and answers - Thanks to Mike Jacka and the Massachusetts State Sanitary Code!)
Tuesday, June 27, 2023 6:30-9pm
* Doors open 6:00pm New Member Orientation,
Buy-Sell-Networking & Marco's famous Pizza.
* 6:30 Lincoln’s Market Update & Nick’s Legislative Report.
Making Offers Like a Pro
If you’re not making offers, you’re not buying houses.
Thanks to your REIA, you now have the tools to help you do just that, Make Offers that Get Accepted.
My name is Mike Jacka, a full time investor of 25 plus years and the developer of the Property Analyzer Tools that are available through this REIA as a Premium Upgrade.
At this training I will show you how to Quickly and Accurately Estimate Repairs, Analyze a Property and Make Offers that Get Accepted.
One of the things that hold many people back is the fear of making a mistake because they may have missed something or that they think they don’t know all the details that the experienced investors do. Over the years I have developed systems and checklists to help my staff and agents collect the required information and how to read/analyze the information so that it all makes sense. The next step is how to use all that information to make an offer that the seller is more likely to accept and how to make money from the deal once the seller accepts your offer.
The national average of deals to offers ratio is around 20 offers made to buy 1 property. That simply doesn’t make sense to me. Most people that follow my system have reduced that number down to buying 1 out of every 3 offers they make.
I set out to create a simple yet effective system so that I could get anyone trained within a few days to go out and find deals for me with little to no experience. It took several years of trial and error to find the right process, but it was worth it because now I can hire someone new, with no experience and have them finding deals and presenting offers while I am traveling around the country doing what I love; helping others find their own success.
Why does this system work?
Because it looks at the most important numbers and presents you with a few different ways to buy a property and more importantly, it also shows you the appropriate exit strategy for each offer and what your potential profit centers are in each deal based on the unique circumstances of your deal, not just hypotheticals that do not relate to the deal you are looking at.
During our Premium Members Training/Mastermind Sessions, I challenge the students to go out there and just do it. Here is an email I just got back from one of them the other day.
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I was excited to learn that I had won the contest for your package but I learned even more by just doing the actions it took to win it. It sure gets the pit of your stomach working a little overtime but that’s where the good stuff lives. Thank you for the time you take to help countless people trying to work on their dreams. It helps us prove to ourselves that it is possible. Thanks again Mike!! |
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Get Pre-registered now and come to the meeting with your questions at hand. I want you to be as successful as you possible can be and that starts with showing up. See you at the meeting. Mike
What will you learn at this special training?
- How to Quickly and Accurately Estimate Repairs in 10-15 minutes
- How to Find Comps (Comparable Sold Properties) even without access to the MLS
- How to use a Seller Net Sheet as a Negotiating Tool
- How to Analyze every Property Quickly
- How to Construct Offers that Sellers are more likely to Accept.
- How to Present your Offers Professionally
Mike will walk you step by step through his process of looking at an making an initial repair estimate on a potential deal, and show you how he does this in 10-15 minutes so you can quickly calculate your MAO (Maximum Allowable Offer) for cash deals.
9:00pm Recap & Adjourn
Tuesday, July, 25 2023 at 6:00 to 9:00 PM
Every last Tuesday of the month DesignGroup47.com
47 Newbury Street (Route 1 North, just before SONIC Carhop) · Peabody, MA 01960
No charge to Members, Only $25/Guests, Only $149/year to join!