The Premier Real Estate Networking Associations in Massachusetts & New Hampshire!
From our Zoom last evening, July 28, 2020,
RePlay - https://youtu.be/M13u_ScXYF8 - RePlay
Here are the contacts for the 3 Rehabbers that showed us what they're working on. You may want to see how Buy-FixUp-Sell/Rent really works...I'd suggest you email all three, set up a time to visit their sites with them and ask what they need, e.g.Recommendations for SubContrators, Building supplies you may have left over or just some coffee or cold drinks.
by the way, most rehabbers will not invite you to their sites and would throw you off the premises if you showed up. THIS IS A RARE OPPORTUNITY to see what's really happening. As they say in the business "There is nothing real on a Reality Show!" but there is on these sites!
Carolyn Taborda [email protected] Lynn, MA 3 Family
Julie Houlihan [email protected] Plymouth, MA 2 Family
Andrea Gayle-Bennett [email protected] Revere, MA 2 family
and let us know how you make out on these Site Visits? [email protected]
This is a final reminder about this evening's meeting on:
Local RE Market update. We look at local Cities/Towns to try and figure out what is happening?
Local Rehabbing Projects. Julie, Carolina & Andrea will give us a quick summary of how they changed from Real Estate Investors to Rehabbers on Local Projects. They're also looking for a little help, as we all are! Remember No Woman (or Man) is an island:
Mike Hurney is inviting you to a scheduled Zoom meeting.
Topic: Rehabbing, HD.5166 & Update
Time: Jul 28, 2020 06:30 PM Eastern Time (US and Canada)
Join Zoom Meeting
Meeting ID: 850 4553 7434
Essential Political move:
Facing the prospect of losing their fight to get rent cancellation as a bill of its own, Representatives Connolly, Honan and others have filed amendments to an economic development bill (H.4879 "An Act enabling partnerships for growth") that would enact rent cancellation, transfer taxes on multis, rent control, and other counterproductive housing measures. Please call and email your Rep and Senator both (Find My Legislator) and tell them to vote against these amendments:
- Amendment 34
- Amendment 63
- Amendment 66
- Amendment 68
- Amendment 103
- Amendment 124
- Amendment 135
- Amendment 439
- Amendment 449
Some of these are awful, full blown rent cancellation. Others may be okay but we haven't had a chance to review them. Housing policy requires careful review. None of these amendments have been reviewed. Some of them are demonstrably destructive.
Please, Maintain your MassRealEstate.net / NewHampshireREIA.org membership (only$99/year) to keep your Home Depot discounts.
95F/49%RH today, try to stay cool and well hydrated. Dehydration creeps up on you...
I look forward to see you soon, Mike Hurney, Director MassRealEstate dot net & NewHampshire dot org PO Box 307, Marblehead, MA 01945
***11:43am Friday, July 10, 2020
You need YOU, to Act Now.
They've crafted a Bill in our Legislature that would provide Tenants with at least a year of Forgivable No Rent. This would put Landlords out of business, make occupied Property Unsaleable and even obscure Plan B (those wishing to sell later but reduce their carrying costs by receiving (or not under HD.5166) rent during that interim).
There are details on our Blog and I believe acting NOW, to defeat this potential Bill, is better than later.
You are also invited to a Zoom meeting: "Acting, Tenant Screening & Construction Costs."
When: Jul 10, 2020 06:30 PM Eastern Time (US and Canada)
Register in advance for this meeting:
After registering, you will receive a confirmation email containing information about joining the meeting.
I look forward to see you this evening! Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
PS Also an interesting InfoGraph on "Tax Day" in the Blogs.
We look forward to see you on the next Zoom "first Friday" webinar, Friday, July 10, 2020 6:30pm! Have a Safe and Happy 4th of July. There's an infograph "July 4th by the numbers!" which you'll find interesting, on our home page Blog.
Interesting Zoom webinar last week with an analysis of Sales Trends in several North Shore cities and Towns by Lincoln.
Then we had some comparisons by Robbie on Houses that were "Flipped" (actually Bought-FixedUp-Sold) in the area and their percentages of Gross Sales Increases (+46-220%:-0)
Also Robbie gave us an example of how hot the Market is now. She took a young couple (one of the many Buyers and Sellers she's been working with) to see just and average Home for Sale in Framingham. When she contacted the Selling agent they told her there had been 71 Showings and they were now going through 18 Offers!
This evening, June 30, 2020 6:30 - 7:30pm EST Zoom Meeting
1. Local Market Update - Danvers, MA (because we used to meet at Kellys in Danvers):
Want a quick analysis of your "farm" (City or Town)? Send me a quick Email. Mike
2. Landlords Are your upcoming Rentals Covid 19 Clean? CDC Guidelines:
3. Evictions - the Massachusetts Landlords Association has estimated that if the Emergency Moratorium is lifted Today (plus the Governors 45 day clock and the 14 days needed from Action to Hearing) there will need to be 30,000 Eviction Cases to be handled. If this continues to January 1, (also Plus those delays) there will be 70,000 Eviction Cases to be handled.
4. *Rent Control - File this under "Never let a Crises Go To Waste!" Rohm Emmanuel, D Chicago, There are two Bills filed with the Massachusetts legislature (HB3924 & HB1316) for Rent Control. Let your feelings be heard, from the Small Property Owners Association (see below *)
5. **Nationally - Pandemic Shifted Apartment Demand Away from Big Cities. Majority of Homeowners Approved for Forbearance May Not Have Needed It. Coronavirus Sends Pending Home Sales Downward 21.8% in April. Construction Spending Down 2.9% in April. June Rent Prices are Flat. Three Percent of Homes Facing Possible Foreclosure Are Sitting Vacant. 2020 Housing Market Predictions - Coronavirus Update. Click here to read more. How Are Consumers Spending Differently During Coronavirus Pandemic? Click here to read more. **
6. Bill & Dwan Twyford LIVE - Are you doing better than you would with their system?
Next Wave of Short Sales coming to hit the Market with “Dwan & Bill Twyford
Saturday, May 30 9-5 for only $49!”
Final call for you to take advantage of Experts Dwan & Bill Twyford tomorrow May 30 9-5. We've got about 25 folks signed up so far and we'll be able to cover a lot and get you the knowledge you'll need!
Investors have been sending one email after another, telling Dwan how FED UP they are relying on their boss for a paycheck and ARE READY to escape the 9 to 5 rat race.
"On the DSNews (which the Mortgage Industry relies on) an email I just received said: According to Black Knight, some 3.6 million homeowners were past due on their mortgages as of the end of April (including the roughly 211,000 who were in active foreclosure)—the highest number since January 2015.
This is an increase of 1.6 million since March, the largest single-month jump on record. This number includes homeowners past due on mortgage payments who are not in forbearance, as well as those currently enrolled in forbearance plans and who did not make an April mortgage payment."
So if you think there's a wave of upcoming "Short Sales" (where Banks take less money for a purchase, than what is owed them) you may want to join us tomorrow Saturday May 30, 9-5 online To learn this whole business and How it works from an experts presentation!
The link to sign up for only $49 for the entire RECORDED day's training is at MassRealEstate.net
1. I'll be sending the "Zoom Meeting Invitation, shortly, to all who've registered.
Last Wednesday's email after the Tuesday evening Presentation:
"Real Estate & Short Sale Expert, Dwan Twyford, was very informative last night and she's offering us her all-day course this Saturday, May 30, 9-5pm. This will consist of (6) one hour sessions with a little time off for lunch and breaks. I believe we'll index and record them for you, should you miss one. She's only charging $49. for the whole day online and you can sign up at the link on our MassRealEstate.net home page.
Who really knows what's coming next (after this Pandemic seemed to come out of nowhere and overwhelm the entire globe) but you can rest assured if the pending wave of Short Sales hits us, YOU WILL be equipped, after Dwan's training this Saturday, to help as many people (and YOURSELF) as possible!
PS Although Dwan did cover quite a bit last night:
Finding the opportunities to work on.
Starting Offers & Counter Offers.
Hardship Letters, and much more...
She did suggest we prep for Saturday, when Bill Twyford will also join us. We should be familiar with IRS Form 982. And contact EVERYONE that we've worked with or tried to work with on Buying/Selling opportunities within the last year, because their situations have almost certainly changed!
PPS Dwan just sent me the eBook she promised: "Top 10 Sort Sale Mistakes and How to Overcome Them" which I'll be sending out to those 40 folks who joined us last night."
**May 26, 2020 6:30pm Zoom Webinar
This Evening's special guest will be Real Estate & Short Sale Expert, Dwan Twyford, who will be talking about the next pending wave of short sales that are likely to hit the market in upcoming month's due to COVID-19.
Will you be ready? Will you be able to help people who are facing foreclosure and may need your help to do a short sale? Do you know how to do a short sale? Do you know how to buy a short sale and get the best price?
Mike Hurney is inviting you to a scheduled Zoom meeting.
Topic: Mike Hurney's Zoom Meeting
Time: May 26, 2020 06:30 PM Eastern Time (US and Canada)
Join Zoom Meeting
Meeting ID: 818 3973 8685
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Meeting ID: 818 3973 8685
Find your local number: https://us02web.zoom.us/u/kd9QBiDcVc
Join us on the webinar to discuss...
- Dwan's expectations of the next wave of short sales to hit the market.
- How to prepare for the next wave of short sales.
- The three step process to use when negotiating a short sale with banks.
- Why the banks will be much more willing to do short sales after COVID-19.
- Ask Dwan all your short sale, pre-foreclosure and foreclosure related questions.
It's been a long time since Dwan & Bill joined us. Tonight May 26 6:30pm they'll join us on line to show how they're successfully doing their Real Estate Investment business during the pandemic.
10 Steps to Building a Six-Figure Income in Six Months in this Changing Market
Why is it that other instructors are on the “never speak to another homeowner again and make millions while you sleep” bandwagon?
It is because they don’t know how to teach you to make BIG MONEY on your deals or how to build a self-sustaining business model. In fact, most of the so-called guru’s haven’t done many deals, if any.
They can’t teach what they don’t know!
I look forward to our monthly online meeting as I interview the Real Estate RockStar, Bill Twyford. Bill has closed over 1,000 deals and SAYS his success comes from knowing what to say, when to say it, and to whom to say it.
“There is nothing worse than sitting with a homeowner when they ask a question you can’t answer and there you sit, sweating it, because you are stumped”, Twyford says. “It’s every investors’ worst fear. In fact, this fear is so strong that it keeps investors from even taking the first step and making the millions they dream of.”
- How can you build a predictable income?
- What 10 steps does it take in today’s changing market?
- Want to learn how to make Big Money on all of your deals?
- Want to learn how to have homeowners eating out of your hand?
- Want to have banks saying YES to your short sales in record time?
- Want to know how to work No-Equity deals for Big Money?
- Want to never have to worry about what to say?
- Want to know how to have “the bankruptcy talk” with the bank and win?
Then you must join me on our call with Bill. Bill offers all content, not a bunch of sales crap and he has assured me that this will be all new content that you not heard before.
Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
"Where the heck is the *5/8" Fire Code Sheetrock? *1-5/8" GripRite screws? *Dewalt Screw Gun? *Glidden Drywall Primer?"
"I'm in Home Depot a lot, which means I'm busy and I'm MAKING MONEY. Whether it's a new Rehab or an Upgrade. However it's like I'm always looking & looking for stuff."
Well it seems I should be going to Aisle 12/Bay 2, Aisle 15/Bay 11, Aisle 09/Bay 14 & Aisle 03/Bay 13 for the above items because I started using the PRODUCT LOCATOR in the Home Depot App on my iPhone.
Saving TIME for me is very important, especially at Home Depot. So in addition to the great savings we get from maintaining our memberships at MassRealEstate.net & NewHampshireREIA.org. Only $99/year:
2% CashBack on ALL Purchases! 20% Discount on all paint at the CHECK OUT!, Bid room 7-50% Discounts on purchases over $1700! & The Special Appliance Catalog!
We can now check availability Price & LOCATION!
Please do not let your annual membership lapse, I can no longer go after your previous "spends" for credit at Home Depot, once you're membership has run out! Thanks, Mike
PS Did you know you can have MassrealEstate.net Skip Trace for you with iDi? for around a dollar a piece! And Tenant Check for only $20 each. Listen when you're renting a unit worth $100k+ and theirs a moratorium on everything from Evictions to Mortgage payments then you better know who's renting and how to find them!
I look forward to see you soon, Be Safe! Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
*Monday, April 27, 2020 7:00pm Get Ready during Quarantine w/Tony, Atty. Jonathan update on his RE Closings & CARES ACT $/your Taxes. We covered: 1. Sometimes you need to spend time to sharpen your Ax (preparation) before Cutting Down that Tree. Tony has some great tips on How you can ready for the Real Estate market once we're out of Quarantine! Home Depot discounts 2. Attorney Jonathan is Closing his Clients Selling & Buying Real Estate quickly and with minimal problems while many others are On-Hold or having long delays. 2b. & By the Bye Now that we have some time on our hands you may find it advantageous to put these important documents together:
Power of Attorney, Health Care Proxy & Will Last year Attorney Jonathan spoke at our Main meeting, then had us at a Saturday Seminar and offered to put the complete package together for a nominal fee. Robbie & I took advantage of it and were very pleased with updating and redrafting these important documents (our youngest daughter wasn't on any of those Documents, because we had done them so long ago that Victoria hadn't even been born yet: -(.
2. You may want to check the SPOA.com site for important Landlord issues like How Groups are trying to bring Rent Control back in. SPOA.com suggests you follow La Vida Urbana to see how well funded they are. Also a great suggestion (AND Forms) for Tenant at Will during this crises.
3. Stay informed at Click here: NREIA Covid update
*4/22/20 Landlords, You won’t believe this…
"No evictions for 45 days past the State of Emergency & it can be extended by Governor Charlie Baker for 90 days without requiring any legislative action… and you can’t give any notices or late fees!" 🙁 Mike
THE most important thing you can do, right now, (after keeping you and your family safe, of course!) is to understand the Federal Government's Major emergency relief act.
*CARES Training Package.(Live call is 10am, Monday April 13, 2020). This includes:
#1: the 2 hour 45 minute long in-depth training video,
#2: the live Q&A session with Tax Attorney John Hyre, and
#3: Ongoing updates as more rules are issued.
*Movers and Shakers, Friday, April 3, 2020
"DS News" - Mortgage Services Bracing for Forbearance Impact. Link *Len Theran - 3 tips so you don’t get a claim denied. Email *Cares Act. Link *Hudson & Marshall Auctions. Link *Ron LeGrand - is using a service that will make thousands of Door-Hangers and hang them on doors for you…. *Dave Lindahl - says be sure to schedule your closing 90-120 days out. *Jonathan White - Initial & Final docs must match, may want to use the same Atty. Good luck evicting but file ASAP. If you’ ve got an Equity loan take it out of that bank and put it in another w/the Pandemic they may freeze it. *I already had sent out the link for the $2T breakdown. *National sent out a letter with a link to contact your politicians, you may want to use it. *What I’m doing - Probate, Skip Tracing & unlocking all the coin boxes = no charge, for the coin-op washers and dryers.
*Main meeting, March 31, 7pm OnLine Webinar: Market Update, Home Depot and Attorney Jonathan. Meeting Recorded: Click here: 3/31 MassRealEstate.net Main meeting
*Movers & Shakers - Friday, March 6, 2020 7 - 8:30pm (1st Friday of the month) meeting at Kelly’s Roast Beef, 165 Endicott Street, Danvers, MA 01923-3657
*Main meeting, March 3, 2020 6:30-9pm main meeting Has upfront Estimating given you confidence that gets derailed when you're under Construction:-(
*Movers & Shakers - Friday, February 7, 2020 7 - 8:30pm (1st Friday of the month) meeting at Kelly’s Roast Beef,
Grow Your Business... & receive your 2% Home Depot cash
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* 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!
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.
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