Good morning,
Our members sometimes ask: "How much time do YOU spend on YOUR Real Estate business?"
and I usually answer: About 8 hours a month on Income Property & another 8 hours looking at New, Potential Acquisitions.
However this has been ANOTHER 40 hour week with some GREAT Subs (which I'll share soon), between Paving driveways, Masonry work on Stairs and Chimneys, Upgrading lights, Plumbing issues and Fixing Appliances.
But now, we're getting into THE 2 most important aspects of Income Property:
New/Renew Leases
and of course, something else that's Very important - Annual Insurance Property Inspections.
I can recall when you wouldn't have an insurance company request a tour in 10 years. Now of course Insurance and Co Insurance carriers need to raise New Increases to cover their HUGE storm and Casualty losses (financial losses resulting from accidental injuries or damages to property, or the legal liability for those injuries or damages.)
So, what's your Prep and what are Insurance Inspectors looking for to raise your Rates - More in the next email and Monthly meeting Tuesday, April 29, 2025 6:30-8:30pm!
Have a Happy Easter, Pay Close attention to what's going on in your own world! and I look forward to see you soon! Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
AND some new Discount & Benefit programs when I reach out to you Busy, Successful Contractors, Investors and Landlords! Mike@MassRealEstate.net