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, November 26, 2024  6:30-8:30pm GoToWebinar, On-Line, members only.

Lincoln's RE Market Update Where are we headed? & Answers to Advice you'll be asked over the Holidays. When will Rates Come Down? Prices coming Down? Is the Market Going to Crash? Will I Be Able to Find a Home If I Move?

Robbie, IRS Enrolled Agent - 3 Important overlooked Tax Tips, Sellers with Intestate Succession or Escheat? Review Your Status: Reassess Your Goals? Reassess The Market? & Reassess Your TimelinesMike Hurney

We look forward to see you here! 11/26/24 6:30-8:30pm GoToWebinar on-Line Members Only for this one.

11/22/24 8:43am email just out New Project. Pro System Mike Jacka. Truck Warranty?  Nor'easter. Networking.

Good morning,

#I started a New Project: Upgrade a sleepy little cottage.

What do the "Comps" say? How about Zoning? Construction costs i.e. What's it take to get there? And is it worth it, or scale back?

My simple formula - Maxed out value, fixed up in Perfect condition! Minus Acquisition cost, Minus Fix up cost. Minus Final Equity/Profit. Y/N?

Example - (Metro West, Boston, MA) Maxed out Value $769,000. (local "Comps"). $574,900. Purchase. $93,000. Fix up Cost. Profit = $102,000. (Careful with Carrying costs and potential construction overruns!) Looks like a great deal, a little out of my "Farm" area.

However, my Project doesn't look quite as Profitable. I'll have details, Southeastern, MA is a little different than here on the North Shore. We can go over the numbers at our next meeting Tuesday, November 26, 2024 6:30 - 8:30pm

#By the way Mike Jacka is Training on his Pro System November 26 11-12pm EST, You do not want to miss this system that tracks your Deals, Costs & Profit!

#I took my Truck in for a Recall - Tailgate opens indiscriminately:-0 2021 Silverado 2500HD. And a Dealer discounted Oil Change and Tire Rotation. While in the waiting room it was like a "wake", all sad faces. As time went by, watching a goofy "UnSellable Houses" I overheard most of the conversations:

"No that's not covered in a Warranty, It'll be around $750."

"Mr X, Your's will be $1200."

"Ms Y, Complete Brakes $900/axle, not covered."

Wow, I was sad just listening, so I asked about all the Extended Warranty PostCards I've been getting. Dealer outlined the scams as we read the fine print.

However they've got a 10 year "Bumper to Bumper" Warranty for 10 years on my Truck for $3700. Seems worth it, with all the electronics and Crap you can't even figure out.

#Run around to check some properties from last night's Nor'easter, as soon as I swim at the Y, wind 12mph, gusts 40 Ouch.

#Catching up on Networking this morning. Going to see Agui, Big GC that just joined, i'm spending a little time reaching out to you members. What are you working on? In Aguis place he's building a couple of 6 unit buildings, plus 4 Restaurants for one company, another 1 for a chain, heading to NY for some work.

Ding, ding, ding this morning I'll drop off Claud Fatu's book "How to Build and Run a Construction Business" Agui's the last one that needs it but I've got Claud's contact in NY for him. Remember how he's made a huge business working on his niche, restrictive condo's in Manhattan. Then I'd like to match him with George, our favorite Architect (both Members) because he's working for a client with over 100 small businesses, upgrading those and bringing new ones on board that Comply with ALL the rules.

So what are you working on, Mike@MassRealEstate.net and let's see who you'd like to get with to meet, Colaborate, Joint Venture, Sub. GC, network, buy materials from, etc

I look forward to see you soon, Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org

PS Tony, one of our Mentors had his weekly meeting last night and took a Deal from Find to Sale. Interesting perspective, sometimes we get caught in the minutia, this kept our eyes on the prize!

PPS Don't forget to check your MemberShip in MassRealEstate dot net &/or NewHampshireREIA dot org so you keep the great Home Depot discounts and Benefits!

Tuesday, November 26, 2024 6:30-8:30pm On-Line :-(

1. Trouble finding Deals - Opportunities where you'll Cash-Flow with a Rental?

or Be able to Buy-FixUp-Sell and Make a Profit?

THE Famous - Tony Youngs, of Hidden Market Fame, has agreed to be our Mentor for Finding Deals that make sense.

2. Need help looking for Eager Sellers & "Don't Wanters"? You'll get it with:

Kathy's Marketing Magic to find MOTIVATED Sellers Coming soon.

3. Need some Hard Money? Why do they call it "Hard Money" anyways? How can you qualify for it? and Get as much as you need?

Lincoln's Market Update! & Buy-Sell-Networking!

Tuesday, October 29, 2024 6:30-8:30pm

Hey Fellow Members,

I look forward to see you tomorrow evening October 29, 2024 6:30pm. Full agenda:

#Hiring and Firing, careful of Workers Important Rights. Straightforward if you know them, Impossible to undo if you make mistakes. Cheat Sheet from Lynne.

#1099 vs W-2 almost no one is within the IRS guidelines. Here they are! Roberta

#ProXtra can WORK FOR YOU, easy to check on, in your account! Who to see in the Store, Kyle?

#Lincoln’s Market Update, VERY busy with his Wealth Investing Clients. Here’s the 3 most important guidelines.

#While you were in Cash waiting for the Crash you could have made 34% Stock market could have Doubled your money?

#OREIA Summit 10/31-11/3! OREIA Summit

#Here’s the GoToWebinar link for OUR Tues eve 10/29 6:30pm: I'll see you here: Tuesday 10/29 6:30pmThe Link was sent out to Members this amMike@MassRealEstate.net to check that your Membership is current and Join Us;-)

Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945 

Tonights meeting link!

more details - Contractors - Firing (Dismissing) and Hiring. It's not just Fire fast & Hire slow anymore. Workers seem to have a lot of rights and they should! but even more important -  How you can easily navigate these important Rules and Regulations.

Also 1099 vs W-2. If you have 10 Contractors in a room, It's almost guaranteed 9 will be handling their businesses workers incorrectly (lot of Tax Penalties involved that you don't need)

& there's GOLD in your ProXtra account, here's how to mine it. 

Landlords - what's the latest on Sealed Eviction Records, who would want this?

Investors - Lincoln's Market update. OREIA Summit 10/30-11/3!

Summit 10/31 On Halloween, your competition will disappear.  We’ve got great news, On October 31^st, 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”.

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 31^st, 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: Our last 12 months Topics & Our Next 12 months Topics