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All Forum Posts by: Mike Hurney

Mike Hurney has started 171 posts and replied 2165 times.

Post: Wholesaling Basics,Sweat Equity,Freeze Your Credit,RE Market Update,Home DepoProXtra

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

“Wholesaling” Basics. "Sweat Equity” Must Freeze Your Credit? RE Market Update. Home Depot ProXtra account calls, Our Survey Says?

Tomorrow evening, Tuesday, September 24, 6:30-8:30pm On-Line, GoToWebinar meeting

Lincoln: "This Wealth Management Business I’m working in has taken off for me. I’ve got clients waiting for our morning Intake and Update Calls, also advising on some of the other things they want to use their funds for."

OK, go ahead Linc…

"Well you know the Market: Listing & Sold prices are still going up! I’ll look back to January for us, to illustrate this.

Sold prices are up, Even though Mortgage Rates are coming down.

However Lending rates are not in direct proportion to the Prime Rate at the Fed (1/2 point Rate drop at the Fed’s SACRED Prime Rate does not mean mortgage rates are down 1/2 point but they are down and I feel the Prime movement is more Psychological on Borrowers than any other factors. I'll go over what else is affected, Car Loans, Bonds, Stocks and more..."

Thanks Lincoln, see you tomorrow evening!

We've also got two Short Videos:

REAL ESTATE INVESTORS: At least once a week someone sends me a "Wholesale" (supposed to be below market) Deal that's more like Retail (at market pricing). We’ve got a Short Video that’ll show you how to Wholesale - Making money AND Protecting yourself!

"Sweat Equity" - Real Estate Investors & Homeowners can use sweat equity to do repairs and maintenance on their own rather than pay for traditional labor.

This may even Cost you more than you save! Like Deductions… I'll give you an example of MY "Duh" moment!

My good friend George, an Expert in the Credit Field has found a way that other Experts "Freeze" their Credit to avoid the Consumer Hacks impacting their accounts.

George'll give us his insight & Teach YOU How to protect YOURSELF from those common Breaches that surround us! Giving you Higher Borrowing Power at Lower Rates!

Vargas has been a Builder in Boston for over thirty years. He gave me some insight on one of my Projects, in West Roxbury He’ll be on!

Rosie Paul’s opening a Clinic in Beverly next month she’s so busy she can only give us 5 minutes into her Background, Concerns she overcame, and what her End Game is!

Survey Says - Topics you want at our upcoming meetings: Estimating, Wills and Trusts, Finding Deals, Finding Financing and ?Advertising signs?

[email protected] Director MassRealEstate dot net & NewHampshireREIA dot org PO Box 307, Marblehead, MA 01945

We’re looking forward to see you Tomorrow evening, Tuesday, September 24, 6:30-8:30pm On-Line GoToWebinar meeting No charge to Members, Only $25 for guests and Only $149/year to join!

PS I’ve been Calling you Members and Expireds because Home Depot would like ME to make sure your ProXtra accounts are set up correctly from the START. Some of you guys aren’t even showing your spends correctly on your account or worse, you’ve Expired from Membership in MassRealEstate dot net & NewHampshireREIA dot org so guess what Nada, Nunca on your Rewards check:-(

and of course you know we're a little North of Boston, Massachusetts and just South of New Hampshire

Post: Sealed Evictions? No more Buyers Broker fees, Home Inspection Law, Water Heater RipOf

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

@Colleen F. I hope you're right. I read both Sections 52 and 144 of Chapter 150 of the Acts of 2024 and it seemed like every Housing Court document would automatically be sealed.

SECTION 144. Section 52 shall take effect 270 days after the effective date of this act. May 5, 2025

PS Chapter 150 is like 138 pages long:-(

Post: Sealed Evictions? No more Buyers Broker fees, Home Inspection Law, Water Heater RipOf

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

Sealed Evictions? No more Buyers Broker fees, Home Inspection Law, Water Heater RipOffs and Perks

Tuesday, August 27, 2024 6:30-8pm

AND Lincoln's Market Update! He thinks we may not be Plateauing, He sees some areas with Price Reductions:-0

Some Big changes to some of us, others have seen it coming and have been getting prepared.

I'll see you on Tuesday, August 27, 2024 6:30-8:30pm On-Line where we'll help you strategize for these changes if you're not prepared already.

By the way - Who's the worst Tenant you can have in your Rentals?

An Attorney? Law Professor? Law Student? Those go without saying. And they are not in one of the 15 Classes you can't discriminate against.

THE worst Tenant you can have, is one who knows the Tenant/Landlord: Rules/Regulations/Laws better than you. But it doesn't take much to get that knowledge -Yourself! More on 8/27

Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945 No Charge to Members, Only $25/guests or Only $149/year for Membership!

PS Have you checked your "perks" at Home Depot? When they expire, you don't get them back. You also need to check that your membership is current in MassRealEstate.net/NewHampshireREIA.org

***PPS I was just in my ProXtra account and found out the PERKs I tried to use yesterday expired today. After a quick call (2 minutes and 31 seconds) Vincent renewed them and I've got the $75 I earned with my "Spends" at Home Depot!

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

Post: Real estate investing coaching

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

RE Mentor!

Be very clear on what you want and a timeline with Mentors! RE Investing is Simple but not Easy;-)

Tonight we're doing : Finding Real Estate Deals in this "Tough" market A-Z

How come some folks are doing well, finding Properties to Buy/FixUp/Rent or Sell and others seem to just miss opportunities, then cry about it?

Post: Real estate investing coaching

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533
Quote from @Tim Ryan:

@Miguel Badillo. I have a recommendation. But I will say that the @Austin Fowler offer sounds like a good one if you are in the position to take him up on it.

Otherwise, I recommend RE Mentor / David Lindahl.  They are in Boston MA area. With their program I sent from owning two single families to over 400 units and over $30m portfolio. 

Check them out for sure.


Post: Finding Real Estate Deals in this "Tough" market A-Z

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

How come some folks are doing well, finding Properties to Buy/FixUp/Rent or Sell and others seem to just miss opportunities then cry about it?

Post: Controlling Your Labor and Material Costs. Rather be Right or Rich?

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

Please register for Controlling Your Labor and Material Costs. Rather be Right or Rich? MassRealEstate.net & NewHampshireREIA.org 6/25/24 6:30pm on Jun 25, 2024 6:30 PM EDT at:

https://attendee.gotowebinar.com/register/883470391266119254...

After registering, you will receive a confirmation email containing information about joining the webinar.

Post: Lead Paint? Catch-up with Peers on how to do your Projects 5/28 6:30-8:30pm

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

Lead Paint? Catch-up with Peers on how to do your Projects 5/28 6:30-8:30pm
Update 5/27:

  • 1. We'll have a short Presentation of Greg Russell's "Easily Generate Attention Getting Subject Lines for Your Useful Messages, that are often Overlooked." (OnLine Part 2 $77 Friday 7 pm)
  • 2. Setting up Your Own Automatic Irrigation system (as if we need it lately:-(
  • 3. Sorry no more Complimentary 1st time Guest Passes.

Thought I was busy, until I spoke to some of you folks! Here's a few of our Projects:
#Finished one of two kitchens with...

#Setting up for 17 CSF of Architectural shingles...


#Painting - we'll be using PaintShavers Pro 12Amp to strip the paint on 3 houses but we need a HEPA vacuum attached to it.
Tuesday's meeting Jerry will go through the Lead Paint removal laws and how he detects it with his X-ray gun.

#Salem now has an aggressive program to "Inspect"... 

#Working on stopping the Japanese Knotweed at one house... 


Anyway, My "busy" schedule is just about an average work load for some of you folks. It'll be good to catch up with you Tuesday at Pete's 47 Newbury Street (Route 1 North, jus before Sonic Carhop) Peabody, MA 01960

Have a Safe and Happy Memorial Day, Remember to Honor those that made our life in this great Country possible.
Mike Hurney, Director, MassRealEstate dot net & NewHampshireREIA dot org PO Box 307, Marblehead, MA 01945

PS Don't forget to check that your Membership is current at MassRealEstate dot net/NewHamsphireREIAn dot org to take advantage of the 5 Home Depot Discounts and Benefits and all the other Vendors that we work with on the Member Benefits page.

Post: Matt Theriault's Epic Pro Academy Is It Legitimate?

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

Hey Kelly & Evelyn,

I'm sorry to hear their Program did not work out for you.

If it was me, I'd go there in person and DEMAND my money back, especially if it was misrepresented and they did nothing they were supposed to do for you!

Post: 4/30 6:30pm Speed-Networking, We have an expert at ea table & change every 15 minutes

Mike Hurney
Pro Member
Posted
  • Real Estate Investor
  • Boston, MA
  • Posts 2,251
  • Votes 533

Tuesday, April 30, 2024 6:30-9pm IN-PERSON DesignGroup47.com 47 Newbury Street, (Route 1 North, just before Sonic CarHop) Peabody, MA 01960