Good morning [First Name], fellow Investors, Contractors and Landlords,
Here’s a Quick Quiz in Preparation for our Tuesday, June 30, 2015 6:30 – 9:00pm meeting at the SpringHill Suites Hotel 43 Newbury Street, (Route 1 North, just before Sonic carhop) Peabody, MA 01960
1. Why Properties Fail and what you must do to succeed. The Number one mistake is?
A. Poor property due diligence assessment.
B. Being unaware of local market conditions.
C. Bad debt.
D. Poor property management.
E. No exit strategy.
2. What’s the Best metric to use when Qualifying a Commercial Property (for Purchase)?
A. Cash on Cash return.
B. Debt Service Ratio.
C. Cap Rate (Cap Rate = NOI/Value)
D. Lease rates and terms.
3. What’s the first Goal ALL Businesses must have?
A. Add Value.
B. Stronger Leadership
C. Expand Your Network.
D. Recruit the Best
E. Quality Profits.
4. Should you be looking for Partners or to Contract for Services?
5. What’s the difference between a Debt Partner and an Equity Partner?
6. What’s the most effective way to find Multi families that are great deals?
A. Car Signs.
B. Bandito Signs.
D. Word of mouth.
7. How do I get Started or Rise to the next level?
Of course it’s Join us Tuesday, June 30 6:30pm at the SpringHill Suites, where Dave Lindahl, “The Apartment King”
will share his Success Techniques to show YOU how YOU can do it also!
If you do know the answers to those 6 Questions you may want to give me a quick call to look at some
” Off Market Properties ” multi families (not on the MLS) in our area that may not last very long when a savvy Buyer steps up.
I look forward to see you soon, Mike Hurney, Director, MassRealEstate.net PO Box 307, Marblehead, MA 01945 office 781-631-8018
MassRealEstate.net cell 781-405-1845