All Forum Posts by: Joseph Scorese

BURLINGTON COUNTY SUBGROUP
October 8 @ 6:30 in Maple Shade, NJ

Topic: Insurance for Real Estate Investors
PROPERTY & CASUALTY INSURANCE

Presenter: Rocco Esposito
Esposito Insurance Group
phone: 973-284-1083, fax: 973-284-0821, www.espositoinsurance.com

LIFE INSURANCE

Presenter: Sean McAneney
Registered Representative, New York Life Insurance Company
St. Asaphs Rd., Bala Cynwyd, PA 19004, phone: 267-280-3614

OUTLINE OF PRESENTATION:

1. Common problems RE investors face
2. Family Protection
3. Buy-Sell Agreements
4. Term vs. Permanent Insurance
5. Life insurance in a portfolio
6. Tax diversification
7. Loan rate vs. Interest rate
8. Case Study

MEMBERS AND VISITORS - JOIN US!
PLEASE RSVP so we have enough handouts and wait staff available for attendees!

Burlington Subgroup - October 8 - Meeting Details
Location: Uno Chicago Grill, 2803 Route 73 S, Maple Shade, NJ 08052-1622, (856) 722-5577

Time: 6:30-9:00 pm
Entrance Fees: FREE admission to Burlington County Subgroup meetings for SJREIA members! Members - you MUST bring your membership card to verify you are a current member.

Visitors fee is $15.
Subgroup Leader: Joseph V. Scorese

This subgroup meets the 2nd Thursday of the Month
2015: Oct 8, Nov 12, Dec 10

Hi @JohnKuzan,

The contract can be combined. Really depends on the Title Company. Currently buying two lots in Brewerytown and both are on the same contract.

Regards,

Joe Scorese

Hi @MikeCesarano,

How are you. We currently charge 8% PM fee and offer some great 24 Hour Services in the Philadelphia Market. Please PM and will forward our office and manager's contact information.

Regards,

Joe Scorese

Please email me and I can send it to you @Karima!

Philadelphia Mastermind Group – Friday Morning!

Mugshot Diner, 2424 E York Street, Philadelphia, PA

8:00-9:30AM

www.digonline.org

B2B BREAKFAST NETWORKING - Philadelphia Mastermind Group

NETWORK, NETWORK & MORE NETWORKING!CREATE ADDITIONAL POWER TEAM MEMBERS TO YOUR REFERRAL TEAM!

Come out and join the Philadelphia Mastermind Group as we launch our Business before Breakfast meetings. The meetings are designed to help all types of area business professionals meet other professionals to exchange information and warm leads to assist in growing their businesses.

Hey @Jeremy,

Welcome to BP!

I currently coordinate Real Estate Educational Networking Events in Philadelphia. Please email me directly if you would like the monthly calendar of events.

Regards,

Joe

Hi @Karima,

Welcome to BP!

I currently coordinate Real Estate Educational Networking Events in Philadelphia. Please reach out to me if interested in being sent the calendar of events.

Regards,

Joe

Mortgage Rates Hold Ground as Oil Prices Slide

Mortgage rates held their ground fairly well today, despite moderate weakness in underlying bond markets (which normally translates to higher rates). Many lenders were right in line with yesterday's latest offerings while some were just slightly higher. That said, any day-over-day change in rates would be seen in the form of closing costs as opposed to the contract rate itself.
There was no significant theme in markets today as there were no significant economic releases.

The most notable motivation was the sharp drop in oil prices after an inventory report this morning. This was very likely the deciding factor in bond markets being able to hold their ground. In other words, lenders may have raised rates in the middle of the day had it not been for the slide in oil prices. This isn't to suggest that oil prices will always have a positive correlation with rates, but big, intraday moves in oil frequently have an effect on broader financial markets.

Overall, rates continue to operate near their 4-month lows, with only 2-3 days seeing anything better over that time. The most prevalently-quoted conventional 30yr fixed rate for top tier scenarios remains 3.875% with a few lenders an eighth of a percentage point higher, and fewer still at 3.75%.

Modern Day Project Management Tips w/ Vincent Cottrell - PNDA Monthly Meeting

Wednesday, September 23, 2015

6:30 -8:30PM

2424 Studios, 2424 E. York Street, Philadelphia, PA

2nd floor conference room #238

Our Speaker This Month;

Vincent Cottrell - Managing Partner Trend Consulting Group Trend Consulting Group "Identify, Strategize, Execute” As Managing Partner of TCG-Trend Consulting Group

There focus is on business development, client engagement, and work directly with our clients to develop effective processes, internal structure, and field management teams to help our clients scale efficiently.

His role as a leader is to engage our vendors, trade partners, and our team on a daily basis to communicate and relay pertinent acquired client feedback in real time, to ensure our follow through as a company is effective and able to adapt to meet our client’s needs.

We meet every 4th Wednesday of the month at 2424 Studios, 2424 E. York Street, Philadelphia, PA

The meetings are intended to improve dialogue between government agencies, local residents, businesses and neighborhood developers. As well as provide opportunity to network and connect with one another helping all types of area business professionals meet other professionals to exchange information to assist in growing their businesses. Of course, bring any deals or information you would like to share with the group!

Website & Contact information is www.pnda.net, [email protected]

Join out mailing list for meeting updates right to your inbox here:http://eepurl.com/WyfcL

Hi @Gabrielle Foster,

How are you and welcome to BP.

I currently coordinate monthly educational events in Philadelphia for the Local REIA's. Please email and I will send you an invite.

Regards,

Joe Scorese