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Monthly Meetings, Networking and Quality Real Estate Investor Education.
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We are the premier Real Estate networking group in Massachusetts

Grow Your Real Estate Business

Our growing network of members and attendees create the perfect environment to push your real estate investing business to the next level. Make sure you come to our next event and network with our experts.

Our Next Meeting In:
04
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06
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38
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  • next meeting Tuesday, August 28, 2018 6:-9pm

  • next meeting Tuesday, September 25, 2018 6:-9pm

    We’re getting ready for our meeting this Tuesday, September 25th at 6:30-9pm!
    We’ll start off with Networking and Marcos delicious Pizza

    1. All too often I refer folks to John for Private (used to be called Hard) money loans on Real Estate and occasionally he can't finance the "Deal". So they ask me Can you give me some other Lenders?
    Well the simple answer is:
    If John won't do the "Deal", then it ain't a DEAL! You can go back and negotiate what John says he WILL do! 
    So, let's listen to John, he'll go through his site and algorithms to see what we should be putting together for Terms on our next Deal. He'll also update us on the many deals he's financed recently.

    2. Then we’ll be hearing from Len Theran a professional loss adjuster. Len combines an extensive engineering background with over thirty years experience in adjusting property insurance claims for US policyholders.
     
    "If you've got a loss and think you can work with your Insurance Company, think again, I couldn't and I'm glad I did end up using a Loss Adjuster. This Adjuster got me back to where I was, before a Tenant had "accidentally" set an apartment on fire." Mike

    Len’s technical and business background gives him a unique perspective when adjusting industrial losses. Of particular value is his ability to understand and focus on business problems that result from a loss and utilize insurance benefits to help resolve them. As a result, he has handled many significant industrial, commercial, and building losses.
     

    3. I attended an Open House for an upcoming Auction this week and I was surprised at the discrepancies in what Investors and Home Buyers had for rehab costs sooooo We’ll review what it does cost for rehab? Which ratios you should use? And how to estimate your HARD Maximum Offer!!!

    *Finally, "If you're looking to buy your dream home, your next lucrative flip, or your "golden goose" rental property, my mom Roberta will find exactly what you're looking for and at the best price." Victoria

    We look forward to seeing you Tuesday, September 25, 2018 at 6:30-9pm
    No charge to members,  Only $25 for guests or Only $99/year to join!
    The address is DesignGroup47.com 47 Newbury Street (Route 1 North, just before Sonic carhop) in Peabody, MA 01960
    Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945
    PS Tony's Hidden Market Tuesday, 10/30/18 6:30-9pm

    Tuesday, August 28, 2018 6:-9pm "Register Now" belowWe're VERY fortunate to have Robin, who's an incredible Marketing Machine join us 8/28! You're welcome to bring your Marketing concerns for her scrutiny. (by the way the solution usually has to do with "Do It Now!"better than BnB - I met with Liann last month, in Marblehead, while she was prepping a rental house ($3,000./month plus) to go with her new "BnB on Steroids" for $6,000./month. If I hadn't seen it I wouldn't... SO if you've ever thought about about maxing your rental income, you do not want to miss this ​
    Movers and Shakers 8/3/18 - What's the difference between "Seller Financing" and "Rent to Own"Off Market property - 6 Room, 3 Bedroom, 1.5 Baths, 1325, SF Peabody, MA they believe you could get it for $425k do the bathroom over and resell it for high 4’s low 5’s. Know anyone that’s interested? Email me ASAP and I'll get you to Rich.
    I look forward to see you soon.
    Good luck Investing AND Contracting, Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945

Tuesday, July 31, 2018 6:30-9pm PreRegistration drawing, Movers & Shakers this Friday 8/3/18, Title Attorney, Flooring special from JR, Small portfolio Property Management, Roberta THE Listing and Buyers RE Broker! Mark won the door prize (gift card to Marcos Authentic restaurante’, next door where we get Pizza for our meetings) It was a random drawing from the 48 folks who PreRegistered for the meeting.Movers and Shakers this Friday, August 3, 2018 7-8:30pm at Kelly’s Roast Beef , 165 Endicott Street, Danvers, MA 01923 No charge to Members, Only $5. For guests (tip for waitstaff) or Only $99/year to join. Refreshments included.

  • Titles - Attorney David, started with the definitions of all the terms and their importance, how Titles work, the important difference between a “Marketable” and an “Insurable” Title, Why you never buy with one and should insist on the other, or walk! What’s the worst thing you can find in a property and should never buy when it occurs! Then the latest on the Ibenez and Pinti cases and their huge impact on Property Transfers.

Attorney David Ceruolo can be reached at [email protected] In addition to his thorough Title and Transfer business he also teaches the basic Real Estate Sales Person class at Bunker Hill Community College!

  • JR the Manager at DesignGroup47.com (where we have our main meeting the last Tuesday of the month) 617-991-4011 cell, has a July special, (extended for us until 8/4/18) on 1/2” thick x 7-1/2” wide European Oak only $7.25/SF available in 10 colors. I’ve got a photo in the Blog. You could call him for ANY of your hardwood flooring ideas…

  • 7 key Rules of managing a Property
  • Screen well and don’t discriminate. You can eliminate 90% of your potential issues by setting high standards and screening applicants thoroughly.
  • Make rent payments easy and automatic. This action improves business the most by offering (and requiring) Tenants to pay rent online.
  • Have a Rock Solid Lease and stick to it. Your ability to be successful is highly dependent on the strength and fairness of your lease.
  • Inspect Property once a quarter. Usually, there is some sort of repair or issue, or regular maintenance item once a quarter that needs attention .
  • Be Fair and honest and make timely repairs. The same goes for owning properties, as for owning any other business – to have a successful business, quality and trust are the cornerstones to customer service.
  • Know how and when to use “notices”. Proper use of notices, above all, is the most common pain point for Landlords and Managers. Every state has their own requirements, and quite frankly, it’s a hassle to give “proper notice” before visiting the property or, terminating a lease. But, as certain as death and taxes are in life, so are the requirements for proper notice. 
  • Only withhold the deposit for actual, itemized damages.
  • Occasionally, something bad will happen. Perhaps it’s a Tenant who fails to give proper notice of leaving, or maybe they’re abandoning the lease completely. It is important that you withhold the deposit for actual, itemized damages (material or financial). 

If you’re looking for a thorough analysis of your Property and Market before you Sell or Buy, you could contact [email protected] I’m sure you’ll be as impressed as the Clients she’s worked with. Testiomnials like:

 “We’ve got space for you any time you can make it Florida to stay with us. You were fantastic Selling our Home quickly and for the right price!” J.A.

“I can’t believe you “fixed” what we thought were big problems with our house, got it Sold right away and got us into our new Home!” R.M

We look forward to see you soon.

Mike Hurney, Director, MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945 No charge to members,  Only $25 for guests or only $99/year to join! DesignGroup47 Newbury St, (Route 1 North, just before Sonic carhop) Peabody, MA

We’ll review a service for running Tenant Checks & a Property Management company.

And our Main Speaker is Chief Justice of the Mass Housing Court system Tim Sullivan who, along with his Housing mediator will let us know:
Alternative Asset Investing: The Power of Self-Directed IRAs
Self-directed IRA/401(k) investing allows investors to diversify their portfolios with assets including, real estate, mortgage notes and trust deeds, small businesses, joint ventures, private equity, and precious metals. 
 
Michelle Brady of Equity Trust, a self-directed IRA custodian, will offer education and examples of investing in real estate and other alternative assets through tax-advantaged retirement accounts.  Attendees will leave the presentation with the knowledge of self-directed investing’s wealth-building potential.  
 
Bonus! Equity Trust offers MAREIA members a free self-directed account for one full year, a benefit available to you for being a member of a National REIA chapter. Find out more at the meeting, we look forward to seeing you there!


HOME DEPOT REBATE

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 Appliance "Suites" (all four kitchen appliances purchased at once)

See our MassRealEstate.net / NewHampshireREIA.org 42 page Member Discount Appliance Catalog

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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www.MassRealEstate.net.com (Massachusetts Real Estate Investors Association) does not give legal, tax, economic, or investment advice. MassRealEstate.net disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisers as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.

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