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Zoom this evening 6:30-7:30pm, Friday September 4, 2020

Mike Hurney is inviting you to a scheduled Zoom meeting.
Topic: What do do about the CDC Eviction Moratorium? Contractor Licensing & Insurance Important? MassSave incentives...
Time: Sep 4, 2020 06:30 PM Eastern Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/82701532951?pwd=OWREV3JTK1BJbTg5dzBwazJvSUpRdz09


Meeting ID: 827 0153 2951
Passcode: 278164

What do do about the CDC Eviction Moratorium 9/4/2020 - 1/1/2021?

Contractor Licensing & Insurance, Important?

MassSave incentives...

Local Market Update & Of course You: Haves & Wants!

Weekly Update 9/4/20

 CDC to Order Temporary Halt in Nationwide Evictions to Prevent the Further Spread of COVID-19 The Center for Disease Control and Prevention is planning to temporarily halt residential evictions nationwide for individuals earning less than $99k/year to prevent the Coronavirus from spreading, according to an unnamed senior administration official.

Oppose the CDC's Eviction Moratorium! 

The September 4th Nationwide Eviction Moratorium launched by the Centers for Disease Control and Prevention is an absolute over-reach and in direct contrast to the state-by-state and county-by-county approach of the Trump Administration and at direct odds to the successful prevention techniques being utilized throughout the country. Click here to read more.

HUD & FHFA Extend Foreclosure & Eviction Moratoriums through 2020  The U.S. Department of Housing & Urban Development (HUD) announced in late August that they were extending their moratorium on foreclosures and evictions through December 31, 2020.

Pending Home Sales Up 5.9% in July  The National Association of Realtors is reporting that pending home sales jumped 5.9% in July - marking three consecutive months of increases.

Share of Multifamily Built-for-Rent Reaches New High  The NAHB's Eye on Housing recently took a look at multifamily construction data from the U.S. Census Bureau to reveal that market share of multifamily construction starts increased to 96% during Q2, 2020.

New Home Sales Up 36% from 2019 The U.S. Government is reporting that sales of new single-family houses in July, 2020 were at a seasonally adjusted annual rate of 901k, which is 13.9% higher than June's revised rate, and is 36.3% higher than one year ago.

Construction Spending Up Slightly in July The U.S. government is reporting that total construction spending in July was at a seasonally adjusted annual rate of $1,364.6 billion, which is 0.1% above than June's revised estimate.  However, July's figure was 0.1% lower than July, 2019.


Zumper's National Rent Report for September 2020

Rental information site Zumper recently released their National Rent Report for September, 2020 showing that their median national rent for 1-bedroom apartment was $1,233 (same as August) and the median two-bedroom rent was $1,490 (down 0.3%).

ABODO Says Rents Begin to Accelerate Painfully Slow National apartment listing site ABODO recently reported that the median nationwide rent price for one-bedroom units in August was $1,109 with two-bedroom units coming in at $1,358. ABODO says apartment prices continued to exhibit sleepy upward movement.

Labor Day 2020 Infographic: While Labor Day weekend traditionally marks the unofficial end of Summer, the Coronavirus has made 2020 a year like no other. We sincerely hope you were able to enjoy this past summer season and whatever good weather it has left.



***Landlords, YOU WILL NOT BELIEVE WHAT OUR LEGISLATORS ARE COOKING UP AGAINST US NOW:

https://masslandlords.net/oppose-topa-consolidated-amendment-a-to-an-act-enabling-partnerships-for-growth/

We're working with Masslandlords.net to counter these Rules & Regulations!

***Next meeting Tuesday, August 25, 2020 6:30pm

Mike Hurney is inviting you to a scheduled Zoom meeting.

Topic: BOM signals RE plateau? Make an Offer Guidelines, 🙁 Legislation:-(
Time: Aug 25, 2020 06:30 PM Eastern Time (US and Canada)

Join Zoom Meeting
https://us02web.zoom.us/j/89440964122?pwd=N2NQSWFBYXNndmhNbXB6aWNlZXpOUT09

Meeting ID: 894 4096 4122
Passcode: 524890

***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]



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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!

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 Meetings!


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 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.

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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