Tonight TUESDAY Rents up, Update Asset Pro, Fence & Most Joy$

[Mike Hurney]

Tonight TUESDAY Rents up, Update Asset Pro, Fence & Most Joy$

(voice message that went out yesterday 4/25, 1:11pm)

Good Morning,

There are a few unique challenges for us out there, let's get together and see how we're meeting them.

*Update on Asset Protection?

**Rent Increases?

***What do you do when a Neighbor’s new fence location is in question?

10 Remodeling Projects that bring homeowners the MOST Joy - and Cash.

This evening, Tuesday, April 26, 2022 6:30-9pm we’ll cover those problems and more!

I haven’t paid much attention to the Stock Market increases of the past two years which seem automatic and very HIGH! But I am watching those gains erode 2022 YTD

Lincoln’s got some STATs on the Stock Market for us that I’m sure you’ll find interesting! in addition to his Real Estate Market Report!

OK Market up for 2020 & 2021 maybe down in 2022YTD?

So what?

I’m a Real Estate guy and Real Estate is what I watch closely.

But I believe there’s a parallel between the Stock Market and Real Estate, that suggests the insidious nature of market downturns.

Will Real Estate values & Rents flatten out or even slowly drop? Despite what “experts” are saying?

Maybe, Maybe not.

*So this evening let’s take a look at what we can do as far as Asset Protection with Attorney Jonathan and Equity stripping with Mike M & his mortgage company!

**Next we’ll look at Rents, do you think you’re Low or High. Well think no more, I use 3 methods to determine if I’ve got the right Rent amount for our Tenants and I’m glad to share that with our Members!

1. First is Year over Year difference in Overhead (RE Tax, Insurance & Utilities).

2. And Comparing similar Units and what they’re charging now. There’s some software systems that given a radius to your Units and the Amenities you have will tell you where your rents are in comparison!!!

***Then We’ll be spending a little time on a Case Study we’ve put together on Boundries and Fences. There’s a very easy way to handle this, without alienating all the Parties!

Networking is SO important! I see a lot of you guys out there between our meetings and although we're busy let's make time for a slice of Marco's famous Pizza and share our success! I look forward to seeing you soon, Mike

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

Next meeting IN PERSON: Update on Asset Protection? Rent Increases? Fences & Boundries? & Networking

No Charge to Members, Only $25 for Guests or only $99/year to join.

DesignGroup47.com #47 Newbury Street ( Route 1 North, just before Sonic Carhop) Peabody, MA 01960

This evening, Tuesday, April 26 6:30-9pm

PS last month Peter V. won the $50 gift card for Marco's new Restaurante' in Middleton, after correctly guessing the items our Home Inspector challenged us with. This month???

PS Please check that your Membership in MassRealEstate dot net is current, I'm having to renew a couple of folks just to get their Home Depot rewards (significant $) and with expired members I can't get them a check:-(

Of course we're a little North of Boston, Massachusetts and South of New Hampshire