You'll get to YOUR next level networking/masterminding at our next meeting!

We're connecting and serving Contractors, Real Estate Investors and Landlords.
Monthly Meetings, Networking and Quality Real Estate Investor Education!

(7:01am) Good morning,

Kris has determined, with an Algorithm, what the sale price will be for Real Estate Properties on the Market. She's also targeted great investment opportunities in Massachusetts, outside of Boston.

Tomorrow evening Friday, May 7, 6:30-8pm she'll teach YOU this information and more importantly, How to Use it!

We'll meet LIVE at Kelly's Roast Beef, 165 Endicott Street, Danvers MA 01923 Light refreshments and soft drinks provided. Only $5. for non-members (tip for our waitstaff). ALL State Covid-19 Protocols will be followed!

I look forward to see you there for Lincoln's Market Update, Kris's Algorithm & Opportune Areas & What we've all been working on!

Mike Hurney, Director, MassRealEstate dot net & NewHampshireREIA dot org Po Box 307, Marblehead, MA 01945

 

 

Last meeting-Tuesday, April 27, 2021 6:30-9pm On-Line

Mobile Home Parks, the Forgotten Niche with... Frank Rolfe

Find out why Mobile Home Parks offer perhaps the highest and safest returns of any sector of Real Estate.

As a Real Estate professional, have you thought of dabbling in Mobile Home Parks instead of Single or Multi Family homes? If you're unsure if that's even possible MassRealEstate.net main Meeting is for you! Click the link below and join us at 6:30pm

Mobile Home Park Investing - guide

Mobile Home Park Investing - meeting

 

lumber prices infographic

 

Yardi Says 2021 Off to a Strong Start. According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents in March increased $6 to $1,407.  In addition, Yardi says multifamily rents had one of the strongest first quarters in the last few years.  Click here to read more.

NMHC Says 79.8% of Apartment Households Paid Rent by April 6th

The National Multifamily Housing Council (NMHC) says that 79.8% of apartment households made a full or partial rent payment by April 6th, 2021.  Click here to read more.

Best Counties for Buying Single-Family Rentals

According to data from ATTOM’s Q1 2021 Single Family Rental Market report, the average annual gross rental yield (annualized gross rent income divided by median purchase price of single-family homes) among the 495 counties is 7.7% for 2021.  Click here to read more.

Top Destination Cities for Renters

A recent report from STORAGECafé says more renters moved in 2020 vs. 2019, with most of those upgrading to larger homes.  Interestingly, they point out that 69% of renters looked for housing in the same state while the remaining 31% sought a new home in another state.  Click here to read more.

Millennials Continue to Dominate Home Buying Market

According to the National Association of Realtor’s 2021 Home Buyers and Sellers Generational Trends report, millennials continue to make up the largest share of homebuyers coming in at 37%.  Click here to read more.

Big Firms are Crowding the Market for Houses and Driving Up Prices

The Wall Street Journal recently wrote about how so-called big firms are crowding out the market for houses and in the process, driving up prices.  They report that it runs the gamut from individuals with smartphones and a few thousand bucks to pensions & private-equity firms with billions, yield-chasing investors are snapping up single-family houses to rent out or flip.  Click here to read more.

Consumer Price Index Up 0.6% in March

The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was 0.6% in March, 2021.  Click here to read more.

Pandemic-Driven Demand for 2nd Homes Soars

According to new data from Redfin, buyers who locked in mortgage rates for second home purchases shot up by a record 128% year-over-year in March – marking the 10th straight month of 80%-plus annual growth.  Click here to read more.

Landline Phones Are a Dying Breed

Infographic:  This shouldn’t come as a surprise to anyone, but it is interesting nonetheless.  Today’s infographic shows us that an ever-increasing majority of American households have ditched traditional landlines in favor of cell phones.  Click here to read more.

 

In-Person meeting Tuesday, May 25, 6:30-9pm

***CFPB Wants to Prevent Foreclosures Until End of the Year

A new rule proposed by the Consumer Financial Protection Bureau (CFPB) seeks to prevent a wave of foreclosures as some pandemic protections for homeowners are set to expire. The rule, which would apply to all mortgages federal & private, will prevent mortgage servicers from initiating a foreclosure against delinquent borrowers through December 31, 2021. Click here to read more.

Will You Be Ready When the Eviction Moratorium Ends?

On a recent episode of the Rent Perfect Podcast, David Pickron says the current tenant/landlord climate feels like a good old-fashioned game of musical chairs. As housing providers anticipate the end of the CDC’s eviction moratorium, it’s critical for landlords to know and prepare for what’s next. Click here to read more.

Pending Home Sales Down 10.6%

The National Association of Realtors is reporting that pending home sales were down 10.6% in February, 2021. Click here to read more.

S&P CoreLogic Case-Shiller Index Up 11.2% in January

According to the latest S&P CoreLogic Case-Shiller Indices, covering all nine U.S. census divisions, the rate of home price increases reported a 11.2% annual gain in January, 2021. Click here to read more.

Rentable Says April Rent Prices Down Slightly

Rentable says that the median nationwide rent price for one-bedroom units in April was $1,121 (down 0.27%) with two-bedroom units coming in at $1378 (down 0.29%). Click here to read more.

Construction Spending Down 0.8% in February

The U.S. government is reporting that total construction spending in February was at a seasonally adjusted annual rate of $1,516.9 billion, which is 0.8% below January’s revised estimate. However, February’s figure was 5.3% higher than one year ago. Click here to read more.

FHFA House Price Index Up 12% Year-Over-Year

According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), U.S. house prices were up 1% in January and up 12% from one year ago. Click here to read more.

NAHB’s What Home Buyers Really Want 2021

The NAHB recently released their annual What Home Buyers Really Want report that they say sheds light on the housing preferences of the typical home buyer as well as how those preferences change over time, and how they may vary based on demographic factors. Click here to read more.

Who Americans Spend Their Time with by Age

Infographic: Time is the one finite resource that we closely guard and often, carefully choose how we spend it. Today’s interactive infographic from the Visual Capitalist takes a look at who Americans exactly spend their time with and for how long. Click here to read more.

***Xtra Savings and a FREE GiftProXtra Appreciation Day

It's ProXtra Appreciation Day 4/1/21 at Home Depot!

I look forward to see you there! Mike

 

Make the RIGHT Offer for BRRRR, Market, Finance trend, Short term, Insurance coverage!

Time: Mar 30, 2021 06:30 PM Eastern Time (US and Canada) Join Zoom Meeting

https://us02web.zoom.us/j/87420316768?pwd=OUtzL3hZR0pnQWlEcmJURThFWktpdz09

Meeting ID: 874 2031 6768 Passcode: 795696

 

Vendors
Several times folks have told me of Property Losses, Short Term Rentals & Mortgages that they've "Researched". Then selected a company and Settled, Stayed at or Financed with however based on what they describe I'm sure they could've done better with Len, Liann & Mike - Vendors in our Association!
So they'll have short updates for us, so that we don't forget them in the Confusion of Needing them!!

Market
Still a very hot market. I'm hearing Tales of Sales that go $50k, $65k and $80k above the Listed price! Lincoln'll be showing us the Stats.

Making Offers
People still describe to me how they make offers and I think it's time for a quick review "Making Offers 101" How to quickly Assess Values and know When to "Fold 'em"

Friday, April 2, 2021 6:30-8pm online meeting Construction, Rehabbing & Contractor Licensing

Builders license - There’s a lot of money out there in Construction, especially rehabbing/upgrading. If you don’t have your Builders license, it might be time to get it, so you can pull permits and have Insurance coverage on your most important Self, Workers and Clients

I just got a notice for my upcoming birthday to renew my Builders License after completing my CEUs. Like many of you guys. and We Are also required to have the Latest Code Books which seem to Grow every year.

So Do you need to pull a Permit for every job?

Do you need a license for every Job?

Do you have to have Insurance for every Job?

Do you need the Code Books on every Job?

You tell me, I hate to hear about some wise guy that’s holding money from a hard working Contractor because they found out you didn’t do something with all that compliance, you guys work too hard for that crap.

So on our next Friday meeting April 2nd we’ll address How to Avoid those issues...

 

MREIA Tenant Application 2

Tuesday, March 30, 6:30-8pm Zoom

Networking and Education for CONTRACTORS! LANDLORDS! & INVESTORS!

Contractors:

Do you give out Free Estimates?

Are they Estimates or Quotes?

Review your Construction Contract with Attorney David?

Code Compliance, Where are the latest Building Codes & How do you Access them?

Home Depot ProXtra ONLY Members of MassRealEstate.net receive 2% CashBack/twice a year, 20% OFF paint at the Cash Register, Special Appliance Pricing & Access to the Bid Room on purchases over $1500. (Usually discounts of 7-50%)

JOIN US NOW or You're welcome to Sign-up for our Special Reports or Contact our Director, [email protected] for Access.

*Joe (below)

Landlords:

Can share Tips like: 7 Advanced Screening Techniques for Tenants!

Use a Lease or Tenant @ Will agreement?

Normal Wear & Tear vs Destruction (Security Deposit Issue)?

also Join & get ALL our Discounts.

JOIN US NOW or Sign-up for our Emails and Contact our Director, [email protected] for Access.

**Hoa (below)

Investors:

Getting Started on the Right Track: No Money or Experience? "Bird-Dog" Techniques…

Business Entities to use LLC, LLP, S Corp, Corp, FLP, Realty Trust???

Advanced:

Types of Properties to Buy and their Pros & Cons.

Areas to Invest in?

Amount of Work Involved?

Turn Time?

also Join and get ALL our Discounts!

JOIN US NOW or Sign-up for our Emails and Contact our Director, [email protected] for Access.

Grow Your Business... & receive your 2% Home Depot cash

Our growing network of members and attendees create the perfect environment for Success: Need a Contractor? We have an extensive list in our database and the best ones attend our meetings on a regular basis!  Need customers? Our Contractor Members can present their services at our Meetingss!

home_depot_logo_jpg_280x280

* 2% Rebate Program - (Above all other discounts that you are already receiving from the Home Depot.)

* 20% off Paint at the check out register.

* Up to 25% discount on the selected Appliances, you need!

* Access to the "Bid Room" on purchases of over $1500 (usually 7-50% off

* 2% Rebate Program - (Above all other discounts that you are already receiving from the Home Depot.)

* 20% off Paint at the check out register.

* Up to 25% discount on the selected Appliances, you need!

* Access to the "Bid Room" on purchases of over $1500 (usually 7-50% off

See our MassRealEstate.net / NewHampshireREIA.org 31 page Member Discount, Appliance Catalog available in the "Members Only" area.

* Access to the Bid Room for possible discounts on purchases over $1,500.

The Home Depot is the fastest growing retailer in U.S. history and we are committed to helping you grow your business.

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Mass-RealEstate

 

Our valuable Special Reports will arrive at random intervals, bearing Contracting, Real Estate Investor & Landlording secrets tips and resources. You'll also get exclusive material available only to newsletter recipients, like first dibs on class registrations and contests.

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Asset Protection and Tax Strategies w/Attorney Bill Noll the CPA 1/9/21

We just finished Asset Protection & Tax Strategies with Attorney Bill the CPA, his Special offer for those Programs below, some of which include a review of 3 years Tax ...
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Weekly Updates 1/8 & 1/15/21

Weekly Updates 1/8 & 1/15/21 *** Weekly Update 1/15/21 NMHC Says 76.6% of Apartment Households Paid Rent by January 6th The National Multifamily Housing Council (NMHC) says that 76.6% of ...
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“New Hampshire Laws coming soon”

"New Hampshire Laws coming soon" "howdee core team. I see none of the bill text released yet. That means we will likely be in a huge rush of released legislation ...
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“Right of 1st Refusal coming to Massachusetts”

"Right of 1st Refusal coming to Massachusetts" :-0 "Mike, We'd like to let you know about a law enacted at 4:42 this morning to inform your members and get their ...
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Top Housing Markets for 2021

Top Housing Markets for 2021 (According to National REIA & Realtor dot com) DECEMBER 7, 2020 Realtor.com’s top 10 housing markets for 2021 have substantial momentum from 2020 which they ...
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Covid-19 relief (for Landlords too??). Eviction and Foreclosure Moratorium through February, etc

Covid-19 relief (for Landlords too??). Eviction and Foreclosure Moratorium through February, etc 12/25/2020 *Highlights from the Stimulus Bill of 12/20 Senator Portman (R-OH) worked hard to get a deal done ...
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21 Real Estate Income Secrets

21 Real Estate Income Secrets For Investors

Want To Know The 21 Most Profitable Secrets The Most Successful Real Estate Investor's Use To Create 6 & 7 Figure Investing Businesses?

Get our FREE (five page) Report: 21 Real Estate Income Secrets For Real Estate Investors

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