All Forum Posts by: Mike Hurney

(7:01am) Good morning,

Kris has determined, with an Algorithm, what the sale price will be for Real Estate Properties on the Market. She's also targeted great investment opportunities in Massachusetts, outside of Boston.

Tomorrow evening Friday, May 7, 6:30-8pm she'll teach YOU this information and more importantly, How to Use it!

We'll meet LIVE at Kelly's Roast Beef, 165 Endicott Street, Danvers MA 01923 Light refreshments and soft drinks provided. Only $5. for non-members (tip for our waitstaff). ALL State Covid-19 Protocols will be followed!

I look forward to see you there for:

Lincoln's Market Update, Kris's Algorithm & Opportune Areas and What have we all been working on?

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

@Nathan Poore Get to EWR yet?

Usually I have students/partners read (& write a paragraph Summary) on Acres of Diamonds, Blue Vase & Richest Man in Babylon. Then hit the streets for 5 hours for every 1 hour class/reading/studying Real Estate. It's usually a Success formula if you're committed;-) Mike

Market Update, Discounts, Education into an Asset Class you may have overlooked?

I'll see you this evening, Frank & Dave:

"Mobile home park investing is as complicated as any other form of Real Estate, but the drivers to profitability are a whole lot easier to understand, particularly as told in our videos. Learn why the mobile home park industry is booming at the same time that the U.S. economy is "on the verge of a Bubble?" and why mobile home parks are the ultimate contrarian investment.

The slang term for signing the documents and closing on a mobile home park is often called “pulling the trigger”. It’s a major commitment and one that can create angst with many buyers who are concerned if they are making the right decision. So what are the key factors that must be aligned to feel good about making this big step? In our Mobile Home Park Mastery podcasts we review the various factors that must be in thumbs up position before you should sign those closing documents. Having a system for the way you close on a property will give you a greater chance of success and reduce your stress level."

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

PS This evening, Tuesday, April 27, 2021 6:30-9pm EST

Mike Hurney is inviting you to a scheduled Zoom meeting.

Topic: $$Mobile Home Park Investing$$
Time: Apr 27, 2021 06:30 PM Eastern Time (US and Canada)

Join Zoom Meeting
https://us02web.zoom.us/j/8746...

Meeting ID: 874 6800 7485
Passcode: 057460

Of course you know we're just north of Boston, Massachusetts & a little south of New Hampshire.

message that went out this morning 11:43am, 3/29/21

Good morning this is quick message from &

To remind you about our OnlIne Zoom meeting tomorrow evening

Tuesday, March 30, 2021 6:30-8pm

*We’ll be covering how to know you’re Making the RIGHT Offer purchasing Real Estate especially for BRRRR which is like the Hipsters/Millenials Acronym plan for Real Estate Investing -

Buy, Rehab, Rent, Refinance, Repeat: BRRRR

If you’re into this BRRRR, these experts on Tomorrows call can help accelerate that Plan for you!

*BUT You’ve got to know your After Repaired Value!

There are many mistakes you can make and overcome but Overpaying is the Worst! The only way to overcome overpaying for a property is through long term Appreciation, you know, how values go up after many years. The Problem is that there are a lot of Owner Occupants buying and THEY CAN Wait for that Appreciation, You investors can’t so I’ll cover Knowing your ARV! And when to walk on Properties!

*What’s going on in this hot Market? W/Lincoln!

*Financing Trends W/Mike

*Short Term Dos & Don’ts W/Liann is still the Hot Hand for Rentals (highest Return) but there’s some subtleties, you’ve Really got to watch out for Don’t worry Liann will show us how!

*Insurance coverage to avoid CLAIM DENIAL W/Len and most importantly what mistakes to avoid in a Claim to an Insurance Company on a Recorded Line… Len’s the man for this!

Construction/Contracting/Rehabbing next Friday

This is Mike Hurney if you need anything

Don’t forget there’s a lot of Horsepower in this Association, Just ask for help!

Thank you, for the 31 folks Joining or Renewing Since last month

John, Romulo, Jonathan, Mark, Steven, Elmer, Andre, Christopher, Kathleen, Alfred, Donna, William, Kal, Daniel, Jose, Adroaldo, Clayton, Liann, Steven, Isabella, Chi, Robert, Andrea, Joseph, Michelle, Patrick, Kevin, Jeffrey, Rich, Joseph, Patricia, Gerald, Georges…

Hey Nathan, where's your Hub?

This evening we've got an important monthly meeting:

Mike Hurney is inviting you to a scheduled Zoom meeting.

Topic: Get PreForeclosures Fast, Tenants check themselves out for you, Construction Materials UP & Market update.

Time: Feb 23, 2021 06:30 PM Eastern Time (US and Canada)

Join Zoom Meeting

https://us02web.zoom.us/j/85729925851?pwd=RkhBVGFpYTA2dHJ4bjE4NC9YT3h3UT09

Meeting ID: 857 2992 5851

Passcode: 154789

1. Your perfect Landlord experience

Starts with approving the right tenant, when they Bring you an Authentic Background Report!

Get the RIGHT Process, Screening and Forms!

What Four Things Can Destroy Your Investment?

See What They Are And How You Can Avoid Them, Tonight!

Bad Screening = Bad Tenant = Expensive Eviction
Free Booklet - “Steer Clear of Your Next Eviction"

2. Get the best Real Estate deals first,

before they hit the mass market! HOT FORECLOSURE DEALS with one simple search

Site Listings, Top Cities, Search by State/County/Zip Code

Market Update

Construction Materials, Prices ARE UP! What can you do control this!

Good luck investing! Mike Hurney, Director MassRealEstate.net & NewHampshireREIA.org PO Box 307, Marblehead, MA 01945-0307

@Raymond Simms

I've seen some friends use different Business Entities i.e. Realty Trusts, Family Limited partnerships, LLCs & LLPs...

Others load up on Insurance.

Still others strip out all the Equity.

However each requires some expertise and effort:

Business Entities may need Officers, periodic meetings and recorded minutes.

The most comprehensive insurance coverage can result in a claim denial with the wrong words on a recorded report. I always use an Adjuster like Len Theran at ProfLossAdjuster.

The "Stripped Out" equity has to be really Stripped out, in other Iron Clad entities.

I use a combination of all three, mainly Insurance and Equity protection.

Good luck, Mike

@Bradley G Fagg

Almost a year ago 3/20 I had new Leases with 2-3% increases, then the covid hit and I thought I'd wait a month or two;-)

So now I'm renewing leases with those increases... Mike (Boston & North)

@Nathan Gesner

Hey Nathan, I love the 3% annual increase. All too often, I miss an annual renewal (all our Leases are "Tenant @ Will" (month to month), then we have to renew at an inconvenient time i.e. Christmas, April 1st, after a Nor'easter, after something has been fixed, etc

Then it's an emotional thing e.g. "This son of a gun was late (by a day) every single month, let's jack it up!" or "They always send a card with the rent, let's only do 1%" ;-)