Good Morning [First Name],

1. Don’t lose this guys number: Paul 978-836-1529 He’s an Appliance repairman I’ve used for many years. He just installed a Garbage Disposer, Replaced a door gasket on an Apartment sized Dishwasher and took the vibration out of a Coin Operated Washer in an evening! And “He can leap Tall Buildings in a single bound” not really but He’s da man for any appliance problems. He’ll also tell you whether to Buy new or fix it, before he starts. Know why your Washer’s been taking longer for it’s cycle? Buildup of the “new” soaps that foam greater and clean less. Advice – Use less and run a short cycle with 2 cups of white vinegar. Garbage Disposer sound rough? Advice “sharpen” it with a few ice cubes and orange/lemon rinds!

Don’t forget to ask Paul for the MassRealEstate.net Members discount.

Quick 10 Things You Can Do Before the New Year for Your Business from our old pal Attorney Bill Bronchick of LegalWiz.com

Don’t slack, there’s plenty to get done before the end of the month!

.1. Clean up your Quickbooks.  Make sure everything is entered correctly and reports print accurately. Hire a bookkeeper if you need help or try realestatetaxlaw.com for good Qbooks tools for real estate investors.

.2. Corporate Records in Order.  You need an annual meeting of shareholders and directors documented with minutes in your corporate record book.  While you’re at it, fix it for the last five years you didn’t do minutes!  If you lent your company any money, document it with promissory notes.

.3. Design New Business Cards.  Your cards are probably outdated and are lame anyway.  Try vistaprint.com.

.4. Backup Your Computer.  Try Mozypro.com or Carbonite.com.

.5. Make Offers on Bank Owned Properties.  Banks are trying to clean house by year’s end, so make a closing date before Dec 31st and you will get their attention.

.6. Clean Up Your Office.  A scanner is a very productive tool for this.  Try NEAT or Fujitsu Scansnap.

.7.  Clean Up Your Property Files.  Make sure you’ve got deeds, leases, closing document, etc all in order for each of your properties.

.8.  Send holiday Cards to Your Prospects.  Let them know you are thinking of them so when you call in January they are more receptive.

.9. Make Your Christmas List Tax Deductible.  Instead of your spouse buying you what you need, have your BUSINESS buy you that iPad or laptop.

.10.  Start your 2012 Goals.  Why wait to Jan 1st to do goals?  Get that done NOW!

2. You may want to take a quick look at this? 9 Autumn Street, Lynn, MA. 2 Family $219,900. GMAC PurchasePower financing seems like a great deal to me! Mike.Hurney@gmacm.com

3. Interested in a 3 family for only $174,999. fully rented? RICH 617-968-0249

4. Affordable Housing Lottery, Application deadline 12/31 and the Lottery Date 1/16/2012!

5. Tuesday December 27, 2010 6:30 – 9:00 pm At the SpringHill Suites Hotel, 43 Newbury Street, Peabody, MA 01960 978-535-5000 FREE to members, only $25 for guests. $99/year ($8.25/meeting) for membership!

Year-end Tax Strategies – CFP Steve – The Single most expensive tax mistake of all. How to slash your audit risk (fly under the IRS radar). Powerful strategies for Real Estate “Flippers” and 10 more expensive Tax mistakes that cost property owners Thousands. There’s more to mileage expenses than you think Steve will cover this simple chart.

Staging for a quick sale or rental. Karen THE staging Expert will cover: What’s the least expensive technique with the biggest impact on your home? Where do buyers and renters look first? and how to pleasantly surprise them. Staging mistakes that will cost you needless money and time? 7 most important Staging techniques that work wonders for a quick sale. We’ll have Presentation boards, a Slide show and Handouts.

6. Movers and Shakers December 16, Denny’s of Danvers 152 Endicott Street, Danvers, MA 7-8:30 pm

7. Interested in Miami, FL deals? If you think there are bargains here in MA, wow for FL. I’m partnering with one of the largest RE firms in Miami and if you’re interested send me a quick email.

Tax Strategies, Staging, Refreshments, Miami, Networking and YOU December 27! Have a good weekend and I’ll see you soon, Friday12/16 7-8:30pm for Movers and Shakers? Mike

MREIA www.MassRealEstate.net
Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616
MREIA@comcast.net
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Good afternoon Fellow Real Estate Investors,

Interesting meeting on 11/29 we learned the 4 ways to analyze investment property, Diane Fortino 781-483-3248 for Coastal, Investment property insurance and Judge Kerman.

The four ways to analyze were Debt Service ratio, Price per square foot, Gross Rent Multiplier and of course Cap Rate. I feel as long as you’re consistent using these Rules of Thumb, they’ll allow you a quick comparison.

We learned the WORST problem you can have with rentals which was a surprise to most of us but not uncommon. Then make sure you take pictures of your rentals when they’re moved into. You do not have to accommodate a handicapped person if you use the “Reasonable Effort” model. If you have Bed bugs it’s essential to treat your entire building at once. Judge Kerman went into great detail about Common area lights, All the Legal documents to establish a Tenancy at Will or Annual Lease, Security Deposits, and Bank Eviction of Tenants. and best of all with this meeting format we’ll continue to see him here and not in his Housing Courtroom!

Affordable Housing Lottery – I appreciate you helping me get the word out. I’ll email a package to you or someone you think can qualify. However time is short. Tomorrow evening December 6 is the informational meeting 6-8pm, Open House 12/10 11am – 1pm, Application deadline 12/31 and the Lottery Date 1/16/2012! Thanks, Mike

Tuesday December 27, 2010 6:30 – 9:00 pm At the SpringHill Suites Hotel, 43 Newbury Street, Peabody, MA 01960 978-535-5000 FREE to members, only $25 for guests. $99/year ($8.25/meeting) for membership!

1. Year-end Tax Strategies – CFP Steve – The Single most expensive tax mistake of all. How to slash your audit risk (fly under the IRS radar). Powerful strategies for Real Estate “Flippers” and 10 more expensive Tax mistakes that cost property owners Thousands.

2. Staging for a quick sale or rental. Karen THE staging Expert will cover: What’s the least expensive technique with the biggest impact on your home? Where do buyers and renters look first? and how to pleasantly surprise them. Staging mistakes that will cost you needless money and time? 7 most important Staging techniques that work wonders for a quick sale. and more…

Movers and Shakers December 16, Denny’s of Danvers 152 Endicott Street, Danvers, MA 7-8:30 pm

Tax Strategies, Staging, Refreshments, Networking and YOU December 27!

MREIA www.MassRealEstate.net
Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616
MREIA@comcast.net
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I am looking forward to tonight!

1. Do you know how to “Analyze” a property? After this meeting tonight, you will. That is How to “Buy right” and “make money going into the deal” with an actual Listed For Sale property.

2. Before you jump into something it’s important to know the rules. In the Housing Business if you don’t know the simple Rules your cashflow, business and YOU will go down fast! You can learn those rules tonight with the Housing Judge who’s seen it all. What are the trends in Court and how are cases being handled?

3. Several years ago Harvard University issued a paper that concluded: We in the northeast had not been hit with a serious Hurricane that had caused significant damage and we may be due for one in the near future. (Duh…) All the insurance companies in the area took this opportunity to either discontinue Storm Damage clauses or restrict the payouts. Typically policy costs increased dramatically and most of Cape Cod had to be covered by an “assigned risk pool”. Lately Narragansett Bay has entered the arena with reduced cost policies. If you’re coverage has increased dramatically because of this study? You need to be here tonight and hear how to save money.

4. more on the Affordable Housing Lottery, maybe you can help me?

FHA finance, that is three point five percent down on purchases for those that qualify. You can call my cell 781-248-6907 or email Mike.Hurney@gmacm.com We’ll try to set you up and get you in the game. I’ve also put an information sheet together if you’d like, with advice from the biggest investor I’ve ever met and an inspection sheet for that FHA. Good luck investing.

Tuesday November 29, 2011 6:30 – 9:00 pm At the SpringHill Suites Hotel, 43 Newbury Street, Peabody, MA 01960 978-535-5000 FREE to members, only $25 for guests. $99/year ($8.25/meeting) for membership!

You can also rejoin or update your membership and receive a bonus Real Estate book and the Consumer Credit Briefcase CD.

Housing Judge Kerman, Networking, Affordable Housing Lottery, Storm coverage, Analyzing a Deal, Refreshments, Networking and YOU!

MREIA www.MassRealEstate.net
Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616
MREIA@comcast.net
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email that just went out:

Have a Safe and Happy Thanksgiving! This is actually my favorite Holiday. In the late ’70s I worked in Saudi Arabia for three years and they only celebrate Ramadan and Haj (not exactly my cup of tea). Christmas, Thanksgiving and of course 4th of July were regular workdays. So when I returned here to the States, much to Robbie’s chagrin, I had a Turkey almost every weekend for about 6 months:-)

2. I’ve been working with the Fair Housing Committee in Marblehead, mid January there’s a Lottery for Housing, Affordable Housing. I know you high rollers may not qualify because your income is too high but if you know someone?? Info meeting December 6. I’m glad to email you a package.

3. Friday 11/18, Denny’s in Danvers for our Movers and Shakers 7-8:30 PM, 152 Endicott Street, I’d like to cover the quickest way I know, How to check out Income Property to see if it’s worth “kicking the curb”.

I was all set to cover Cap-Rates, Gross Rent Multipliers and Debt Service Ratios (which we did briefly) but there was more interest in Qualifying Buyers for financing and how APR is calculated. Good meeting.

4. Duplex in Lynn $240,000. Rents are $1200 for a 4 bed, 1 bath and $900 for a 2 bed, 1 bath.

5. Three family in Lynn $219,000 all 2 bed, 1 bath units with Bathrooms and electrical updated rents are $900, 900 and 750. Debt Service Ratio could be as high as 1.9 for qualified investors. Or Owner occupied may qualify for an FHA 3.5% down program.

5. Our Homepage IS a Wordpress Blog and everyone is Welcome to post/blog there.

6. Even if you have no plans to be a Landlord, you may get stuck with property that’s not selling fast enough or at your price and how about …. Plan B. You may decide to Rent or Lease-Option it.

Judge Kerman will discuss the right way (only way, really) to rent. Everyone attending and all members will have access to all the documents you need for Legal Tenancy.

Housing Court Judge Kerman will preside over our next Main Meeting at the SpringHill Suites in Peabody, Tuesday, November 29 6:30 – 9:00PM Also Cheap Coastal Insurance?

I’ve been straight out, lately with my guys on a couple of roofs that needed work, basement water and getting an Apartment Rent-Ready. We’ll go over those solutions and how you guys are doing.

and Movers and Shakers at Denny’s in Danvers Friday December 16, 7-8:30PM. I look forward to seeing you there!

There is no substitute for networking with you guys! Good luck Investing and I’ll see you Tuesday, Mike Hurney

MREIA www.MassRealEstate.net

PS No matter how bad some folks think things are, we’re still doing pretty good. I learned of a friend of mine, Tom, who was probably THE top Engineer in our field, who’s not doing well. Early in my Engineering career I had the opportunity to work with him and we became friends for many years. I learned last week he has Glioblastoma grade 4 (brain cancer), Hospice is with him several times a week and he’s on morphine. I don’t want to bring anyone down. None of us are getting any younger and we all have to go sometime. But it’s tough to imagine this guy not able to do simple math 6 months ago and being completely out of it now. My prayers are with him!

Let’s enjoy our family and friends and as Real Estate Investors let’s hit this opportune Real Estate market hard! We’ll also cover success stories on Deals and Networking.

Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616 office 781-248-6907cell
MREIA@comcast.net
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Email that just went out:

1. I’ve been working with the Fair Housing Committee in Marblehead, mid December there’s a Lottery for Housing, Affordable Housing. I know you high rollers may not qualify because your income is too high but if you know someone??

2. See you tonight! Friday 11/18, Denny’s in Danvers for our Movers and Shakers 7-8:30 PM, 152 Endicott Street, I’d like to cover the quickest way I know, How to check out Income Property to see if it’s worth “kicking the curb”.

3. Duplex in Lynn $240,000. Rents are $1200 for a 4 bed, 1 bath and $900 for a 2 bed, 1 bath.

4. Three family in Lynn $219,000 all 2 bed, 1 bath units with Bathrooms and electrical updated rents are $900, 900 and 750. Debt Service Ratio could be as high as 1.9 for qualified investors. Or Owner occupied may qualify for an FHA 3.5% down program.

5. Our Homepage IS a Wordpress Blog and everyone is Welcome to post/blog there.

6. Housing Court Judge Kerman will preside over our next Main Meeting at the SpringHill Suites in Peabody, Tuesday, November 29 6:30 – 9:00PM and Movers and Shakers at Denny’s in Danvers Friday November 18, 7-8:30PM. I look forward to seeing you there! Also Cheap Coastal Insurance?

7. What’s coming for Mortgages and Housing, I’ll update you tonight.

There is no substitute for networking with you guys! Good luck Investing and I look forward to see you tonight, Mike Hurney

Hey Fellow Real Estate Investors, (this email just went out) 11/14

1. A lot going on and we’ll update you this Friday at Denny’s in Danvers for our Movers and Shakers 7-8:30 PM I’d like to cover the quickest way I know, How to check out Income Property to see if it’s worth “kicking the curb”.

2. Duplex in Lynn $240,000. Rents are $1200 for a 4 bed, 1 bath and $900 for a 2 bed, 1 bath. Call Michelle 781-248-6907

3. Three family in Lynn $219,000 all 2 bed, 1 bath units with Bathrooms and electrical updated rents are $900, 900 and 750. Debt Service Ratio could be as high as 1.9 for qualified investors. Or Owner occupied may qualify for an FHA 3.5% down program. Again Michelle 781-248-6907

4. I’m sending out our GMAC email newsletter to everyone on Wednesdays, easy to opt out of, if you’re not interested. I send this weekly to all my realtor partners and clients, why not our Fellow Investors at MassRealEstate? Also we’re very busy with purchase and re” fin anc ‘;ing.

5. Our Homepage IS a Wordpress Blog and everyone is Welcome to post/blog there.

6. Housing Court Judge Kerman will preside over our next Main Meeting at the SpringHill Suites in Peabody, Tuesday, November 29 6:30 – 9:00PM and Movers and Shakers at Denny’s in Danvers Friday November 18, 7-8:30PM. I look forward to seeing you there!

There is no substitute for networking with you guys! Good luck Investing and I’ll see you soon, Mike Hurney

PS My daughter, Allison asked me to show up for an Amazing Race casting call Saturday with her. We were there at 8AM (number 400 out of the 1200 total who showed. 11AM we finally got in front of the camera for 60 seconds. Then “We’ll call you if we’re interested.” My phone must not be working;-) I haven’t heard from them. Met some great (and weird) people.

While there, I received a call and helped Lisa from our Association who’s got a kickin’ deal. She’s partnered up with some other members. Last week Joe found a Short Sale that was Appraised for $265k and has an offer of $150k that’s been accepted. Tom and John are cashing out funds from their income properties for downpayments on more bargain Investor Rentals. Paul is refinancing with me to save $400/month Tom can qualify for a refi because it’s aGM to GM refi although he’s under water. What are you working on?

MREIA www.MassRealEstate.net
Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616 office 781-248-6907cell
MREIA@comcast.net
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Good morning Fellow Real Estate Investors,
1. THANK YOU to all our Veterans and members of our Armed Forces! We know we would not be as well off as we are (although folks are concerned about this recession continuing) we’re still OK!

2. I’m sending out our GMAC email newsletter to everyone, easy to opt out of, if you’re not interested. I send this weekly to all my realtor partners and clients, why not our Fellow Investors at MassRealEstate? Also we’re very busy with purchase and re” fin anc ‘;ing.

3. Housing Court Judge Kerman will preside over our next Main Meeting at the SpringHill Suites in Peabody, Tuesday, November 29 6:30 – 9:00PM and Movers and Shakers at Denny’s in Danvers Friday November 18, 7-8:30PM. I look forward to seeing you there!

4. Cold weather’s coming, got your checklist? You guys check your Smokes and CO monitors when you set your clocks back last week? I found a CO going off all the time and thought it was the battery. Simultaneously that basement had water and the Water Heater had been placed on the floor. With the new sealed units, any liquid (in case it’s flammable) will inhibit combustion air needed by the water heater. So we raised it and had to repitch the exhaust.

However when I noticed the water heater to the chimney inlet, I saw an old blocked-off Boiler cap had rusted and fallen out. Although it’s a 30 foot chimney with plenty of draw this could still vent CO right through to the basement. We bricked it up with bricks and mortar, sealing it for good. Lucky catch! Landlords, this is our responsibility.

Happy birthday to my favorite Cougar, Robbie Ryder!

There is no substitute for networking with you guys! Good luck Investing and I’ll see you soon, Mike Hurney

PS Someone was whining that we can’t post on someone else’s Yahoo groups or Blogs? Our Homepage IS a Wordpress Blog and everyone is Welcome to post/blog here.

PPS Allison asked me to show up for an Amazing Race casting call tomorrow, maybe because when I watch it, I always know what to do and could have done it twice as fast;-) I think we’ll have some fun there. Got a team? Join us.

MREIA www.MassRealEstate.net
Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616 office 781-248-6907cell
MREIA@comcast.net
_/_/_/_/_/_

This is a final reminder for tonight.

1. Know how to “Option” a property? After this meeting tonight, you will. That is How to “Contract to Purchase a Property” in an Agreement that you can sell! And do it in  an “iron-clad” document.

2. What pitfalls are out there for new investors that you can easily avoid? How about 1. Doing your Homework? I know you didn’t like it in school why would you like it now? Actually it’s easily done. And making improvements in the WRONG order? and Putting a “Team” of Partners together. and Setting up a Legal Entity? and Not Documenting agreements? We’ll show how to simply avoid these “mines in your field” and more, tonight!

3. Want to know how MaryAnn saved me tens of thousands in Tenant costs and how we met. I believe you can not be in the Income Property Business without her. Even if you hit Plan B (not being able to Sell and having to rent) her report is Critical to your Success. She’ll also share tips with us, that can save you thousands in Legal Fees and untold nights of aggravation.

4. Steve is THE expert on Social Media and how you can help hundreds of your potential Customers. He’ll speak about YOUR Funnel and Developing YOUR niche.

(Next month Housing Court Judge, November 29, 2011.)

FHA finance, that is three point five percent down on purchases for those that qualify. You can call my cell 781-248-6907 or email Mike.Hurney@gmacm.com We’ll try to set you up and get you in the game. I’ve also put an information sheet together if you’d like, with advice from the biggest investor I’ve ever met and an inspection sheet for that FHA. Good luck investing.

I look forward to seeing you tonight, Tuesday October 25, 2010 6:30 – 9:00 pm At the SpringHill Suites Hotel, 43 Newbury Street, Peabody, MA 01960 978-535-5000 FREE to members, only $25 for guests. $99/year ($8.25/meeting) for membership!

Tenant check, SEO marketing, Options, Avoiding 7 Deadly Mistakes, Refreshments, Networking and YOU!

MREIA www.MassRealEstate.net
Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616
MREIA@comcast.net
_/_/_/_/_/_

Email that went out this morning:

Email that just went out:

Good Morning [First Name],

Movers and Shakers midmonth Friday October 14, 2011 7-8:30  pm
1. We select a geographic area, your “farm” (the area where you’re working your Real Estate business), and find the most active segment of that market. That way you don’t up with a property languishing on the market looking for a buyer while you have to come up with “carrying” costs such as RE taxes, insurance, heat, electricity, water and sewer, etc.
You can call or email us your area and we’ll bring the analysis to the meeting (not at 6:45pm tonight for the 7pm meeting;-).
2. We’ll discuss the hot topics in Real Estate today. Tonight all the guidelines for the low, 3.5 percent down, financing. While you may not need or qualify for it, perhaps your Buyers will? I’ve got a handout for you with the Inspection Guidelines and Getting Started.
3. “Round-robin” for what everyone is doing, successes and road blocks. Refreshments included.
Denny’s of Danvers LLC, 152 Endicott Street, Danvers, MA 01923   978-774-1897
7-8:30 PM BEGINNING/INTERMEDIATE/ADVANCED Real Estate Investors
FREE for Members, $5.00 Guests. Also which deals can move your career along the quickest? hosted by Mike Hurney author of “How to  Become a  Real  Estate Investor in  12 Easy Lessons”

Main meeting the last Tuesday of the month October 25, 2011 6:30 – 9pm Getting Started, Buy, Sell, Networking, Food, Tenant Checking and SEO Marketing to rocket your business ahead.
Spring Hill Suites, 43 Newbury Street, Peabody, MA:  6:30 PM – 9:00 PM
Always FREE to Members, Future members only $25 at the Door or Join for only $99/year ($8.25/monthly meeting). or Associated membership for only $249 (7 local Real Estate Associations)

And again - Real Estate is heating up! Get in now or at least get on our Property Notification List so you’ll understand the values.

When you’re ready for money on that offer or to refi your current property? Mike.Hurney@gmacm.com 781-248-6907 cell NMLS#43341

I look forward to seeing you tonight, we’ll have a good (and educational) meeting! Mike PS Anyone see the August 2011 vs August 2010 Real Estate comparison published last week? There are some real surprises at which areas are up in sales and which median home prices have plummeted. I’ll bring a copy for you!

PPS Nice 3 Family, Great Opportunity/Investors DREAM,  $215,000. Richard 617-968-0249

MREIA www.MassRealEstate.net
Massachusetts Real Estate Investors Association
PO Box 307
Marblehead, MA 01945
781-639-8616
MREIA@comcast.net
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