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Mike Hurney
  • Real Estate Investor
  • Boston, MA
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What's the Draw? See you tonight Tonight, Tuesday 12/27, 6:30pm

Mike Hurney
  • Real Estate Investor
  • Boston, MA
Posted Dec 27 2022, 07:17

1 Reply

  • 12/28/22 06:00PM - 09:00PM America/New_York
  • Route 1 North, just before Sonic Carhop, 47 Newbury Street Peabody, Massachusetts 01960-3867
  • $25

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What's the Draw? See you tonight Tonight, Tuesday 12/27, 6:30pm

Good morning, (this is a 2 minute 18 second read)

Mainly Home Depot!

When we began, around 1985 it was Tenant/Landlord issues that were the big attraction. How Mass was such a Tenant Loving state that no one in their right mind, would become a Landlord unless they wanted freeloaders and have to give houses away. Our Association was made up of about 65% Landlords and the rest, Investors and Contractors. We've pretty much solved most of our Landlording issues by having an annual visit from the Head of the Mass Housing Court, various attorneys, a better understanding of the laws and access to more accurate screening.

Enter Home Depot, the "500# gorilla in the room" which has dominated the Building Materials Industry. Not only do they seem to have everything (Over 1 million individual price codes in every store) but it's quality material, updated design & function. And the tools to accomplish installations.

Don't get me wrong, it does Pay to shop and Home Depot WILL beat written competitors prices.

However, like anything, what do you do with it? (Lucky Pierre story tonight)

Lately at our meetings we've been sharing our GOOD subcontractors. Don't forget, like gravity, the golden Rule of subs is that you can only pick two (Quality, Price or Time).

But the Burden for getting the RIGHT SubContractor is on you! Case in point, we recently went through 8 Blue-board & plaster guys, but only needed 1 Flooring supplier and 1 Installer to come as close as possible to get all Q,P&T!

Finally my point, we've got good Subs and excellent Material Suppliers to share and so don't you! We'll see you this evening for that and more.

at our next meeting 12/27 I'll finish the Flipping vs Wholesaling vs Retail vs Rental guide. Also Tax tips with Andrey & Robbie, Market Guide with Lincoln and Steve on his Hidden Market of Opportunity!

Problems, Concerns, Likes, Dislikes, Anything you need from the meetings? Mike@MassRealEstate dot net

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

Doors Open 6pm, 6:30 for Networking and Marco's famous Restaurante Pizza, 7:00 Meeting begins, Adjourn 9pm DesignGroup47.com 47 Newbury Street (Route 1 North, just before Sonic Carhop) Peabody, MA 01960 No charge to Members, Only $25 for Guests and Only $99/year to join!

PS Welcome to all our New and Renewing Members.

PPS ;-) Don't forget to maintain your Membership with us, to keep your 4 Home Depot Discounts and Benefits! (2% Cashback, 20% Off at the cash register, for all liquid paint, Access to the Bid Room for purchases totaling over $1700. and a Special discounted appliance catalogue!)

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

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