How to Identify Wholesale Properties?

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DECEMBER 2024 RESULTS FROM CINCINNATI!

3/11/25 - this just in.

I just spoke to Tony Youngs of Hidden Market fame. It seems his 3 Day BootCamp was a Huge Success. They started with 10 properties to look at (from a Pre Foreclosure/Foreclosure/REO list)  then found 27 more (37 Total which they Door Knocked on), followed up on Monday with calls and Offers. 1 Came through and the Negotiations benefited Buyers and Sellers!!! Another follow-up has a an Owner not willing to sell the house they looked at but Seller wants Tony to offer on 5 more that are Free and Clear (maybe Seller Finance;-)

I'd say Cincinnati was lucky to have Tony work his 3 Day Hidden Market program with them!

Tony spoke at our 2/25 main meeting - Which of these Properties do you think could be Wholesaled or Hidden Marketed?

 

W2

 

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... Read More…

(April 27, 2025) ==Legislative Update, 2025 #16== Major call to action! Advocate on HB60 right now! Please support our annual fundraiser to fund paying our exceptional lobbyist. Also advocate on many Important bills.

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==Legislative Update, 2025 #16== Major call to action! Advocate on HB60 right now! Please support our annual fundraiser to fund paying our exceptional lobbyist. Also advocate on many Important bills.

 

Howdee Everyone,

It’s here! Time to advocate on HB60 right now! See Major Bill Summary.

Come join us for a fun evening at our annual Corn Hole Tournament and support raising funds to pay for our exceptional lobbyist.
A large part of our yearly success is due to our lobbyist. See Announcements before Major Bill summary below.

There is continued activity on the many Important bills.

Click this button each week if you want to quickly dive right in & handle the urgent communications in minutes.

Next House Session
Call of the Chair

Next Senate Session
Call of the Chair

Update 2025 16 Major ActionMap

Update Summary
Note: some links have changed. Always use latest links in latest update.
Also note that we often keep previous update info on items still active because there are often new members signing up and receiving the updates. So we want them to have the info. Please have your housing provider partners and friends join us. The more members the stronger we will be.

Announcements:
AANH, Apartment Association of NH, is holding the annual Corn Hole tournament fundraiser on 5/14/25 Wednesday 5pm to support continuing to fund ... Read More…


Nursery that cried "Wolf" .1" snow & 40F? - Weather:-0 from NE Nursery. FinCEN. CIA Lease clause. Home Depot sign-up

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 Weather:-0 from NE Nursery. FinCEN. CIA Lease clause. Home Depot sign-up

1. (Usually accurate warning, from our friends at NE Nursery):

“Northeast Nursery will open early tomorrow morning, Saturday 12/28, at 4AM, due to winter weather 🌨??? 🧊”

2. Nick Norman just sent this FinCEN update:

 "Howdee Everyone,

This is a short legislative update so we can get something out to you right away on the new federal business entity registration.

If you haven’t heard, the federal government now requires all business, like LLCs and corporations, to file a Beneficial Ownership Information registration.

There was a court case challenging the requirement and delaying registration. Just recently, 12/23/24, there was yet another legal decision reversing that delay.

The fines for not filing are very steep. Just get it done (3) .
Read more on the Corporate Transparency Act, FinCEN registration here (4) .

Regarding legislation.
We had wins across the board last legislative season. Good job everyone!
The Anti-Squatter amendment did pass.
We are monitoring the new LSR titles every week. The bill text is slower than normal to be released. It is looking like some very big bills again this year.

We will be providing more updates on the following soon:
the final outcome of the remaining 2024 bills
analysis of the new Anti-Squatter law
a short analysis of the change in NH legislature from the last election
a sneek peek at upcoming bill titles
v ... Read More…


Driving for Dollars

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 As you may know, in the Real Estate Investing business, You've got to Buy Low ("DEALS") and Sell High (the closer to Perfect you Fix-up the Property, the better you're able to enter the Retail Market (MLS) of highest sale prices).

You can Buy Distressed Property or find a Distressed Owner. Then Fix-up the Property and Sell or Rent it.

To be Successful you've got to keep finding these "DEALS" otherwise it's like you're treading water. OK to tread in a Lake but this business is more like a River so Treading ends you down river, breaking even or losing money.

One way to fill your "Pipeline" with Deals is with the Marketing Magic from National Expert Kathy, who'll Teach us How YOU can be Successful with that "PIPELINE" of opportunities! Tuesday, January 28, 6:30-9pm & Saturday, February 1, 10:00-3pm2025.

Another way for finding DEALS is Tony Youngs Hidden Market techniques. Tony shared page 1 of his Goals on his Thursday (1/2/25) evening webinar, below. Like to join us for Tony's Thursday webinar? Mike@MassRealEstate.net and I'll see if I can get Tony for an invitation for YOU.

  GOALS FOR 2025 (print and paste on your Refrigerator beside your Vision Board)

Financial:

Health Goals:

Spritual Goals:

FINANCIAL:

I will make $250,000 this year

I will do this by working the Hidden Market System

I will plot a course of 8 foreclosure properties and find 30 hidden market leads by following that course.

I will wholesale the properties I find to other i ... Read More…


Evictions - SEALED: An Act promoting Housing Opportunity and Mobility through Eviction Sealing (HOMES) Act

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Description - Fellow Massachusetts Landlords, This seems important:

When I first heard about Evictions - SEALED, I tried to figure out WHO would this benefit? Then WHO would NOT benefit? Mike. Thanks to Rep Charles Tassell (charlestassell1@gmail.com) for S956 and it's Details.

Whether you'd like to Thank or Question the Bills Author, Senator Lydia Edwards, you may reach her at - (Lydia.Edwards@masenate.gov) Phone:(617) 722-1634
Other supporting Senators are listed in the Content below.

 

SENATE DOCKET, NO. 1592 FILED ON: 1/19/2023

SENATE . . . . . . . . . . . . . . No.956

The Commonwealth of Massachusetts

                                      _________________

PRESENTED BY:

Lydia Edwards

                                      _________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: An Act promoting housing opportunity and mobility through eviction sealing (HOMES).

NAME:

Lydia Edwards Angelo J. Puppolo, Jr. Sal N. DiDomenico Jacob R. Oliveira Lindsay N. Sabadosa Rebecca L. Rausch Kay Khan
Vanna Howard Joanne M. Comerford Patrick M. O'Connor Jason M. Lewis
Jack Patrick Lewis Michael O. Moore Mike Connolly
James B. Eldridge Julian Cyr
Paul R. Feeney Patricia D. Jehlen

_______________

PETITION OF:

DISTRICT/ADDRESS:

Third Suffolk
12th Hampden ... Read More…


Main Meetings - How to Become a Real Estate Investor in 12 Simple Lessons

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1. Layout Your Area ("Farm") to Invest In

2. Find the "Traffic" in that Area

3. Friends and Influences

4. Make an Offer

5. Qualify a Borrower

6. "Comps"

7. Counter Offers

8. Rehabbing and Estimating

9. To "Flip" or not to "Flip"

10. The Dirtiest  11 Letter Word - Landlording

11. Networking

12. Vision

13. Do it All Again!

... Read More…

MISC Previous meetings

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Credit - To Freeze or not to Freeze

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iii.  To Freeze or Not to Freeze, That is the Question! by George Skidis

In 2024, several significant data breaches have impacted a variety of industries across the United States. We believe that our readers need to place a freeze on their credit with all three credit bureaus listed below. In addition run a current credit report to look for illegal activity on their accounts.

Here are some of the most notable incidents in the first half of 2024:

  1. AT&T: This telecommunications giant experienced a breach affecting around 73 million individuals. Sensitive information such as social security numbers, account numbers, and pass codes were compromised. The breach, which included data from as early as 2019, was discovered in March 2024.

  2. MOVEit: A massive breach occurred with the MOVEit managed file transfer application, leading to the exposure of data for 77 million individuals. This breach affected a wide range of U.S. entities, including government agencies and educational institutions, and was linked to the CLOP ransomware gang.

  3. Ticketmaster: In May 2024, over 560 million customer records were exposed in a significant breach. The stolen data included payment information, order history, and personal details. This incident has drawn significant attention due to the large scale of the data compromised.

  4. Dell: In May 2024, Dell was targeted in a cyberattack that compromised the data of 49 million customers. The breach was facilitated throug ... Read More…



Our Next 12 months

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 Next 12 months Topics?

Contractors

  1. 1. Specific construction services:
  • Home remodeling
  • 3X
  • Landscaping, Ground water, Kitchens, Bathrooms, Paint, Paper?, Basement, Heating/Cooling, Electrical, Charging Station, Solar interconnect
  • Home renovation
  • Siding repair
  • New home construction
  • Roofing
  • Metal roofing
  • Vinyl siding
  • Stone veneer
  1. 2. Construction-related phrases:
  • How to build a house
  • Types of houses
  • Home construction loans
  1. 3. Construction-related phrases:
  • How to build a house
  • Types of houses
  • Home construction loans
  1. 4. Job-related:
  • Construction jobs
  • Construction apprenticeships
  • Construction careers

Real Estate Investors

 

  1. 1. Investment strategies:
  • Buy and hold
  • Fix and flip
  • BRRRR (Buy, Rehab, Rent, Refinance, Repeat)
  • House hacking
  • Wholesaling
  • Real estate syndication
  1. 2. Property types:
  • Single-family homes
  • Multi-family properties
  • Commercial real estate
  • Vacation rentals
  • Short-term rentals
  1. 3. Financial terms:
  • Cash flow
  • Cap rate
  • ROI (Return on Investment)
  • NOI (Net Operating Income)
  • Cash-on-cash return
  • Leverage
  • 1031 exchange
  1. 3. Market analysis:
  • Real estate market trends
  • Rental market analysis
  • Comparative market analysis (CMA)
  • Appreciation potential
  • Neighborhood analysis
  1. 4. Financing:
  • Investment property loans
  • Hard money lenders
  • Private money lenders
  • FHA loans
  • VA loans
  • Owner financing
  1. 5. Property management:
    ... Read More…