All Forum Posts by: Mike Hurney
Mike Hurney has started 173 posts and replied 2181 times.
Post: Liabilities home insurance

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@Michael Totman There's one company Associated with National Real Estate but they wouldn't cover my own home, were $2,000. total higher than my existing policies and had reductions in coverage so I'm sticking with my smorgasbord for now... (and always quoting when I meet a new rep or company)
You ought to join us tomorrow evening MassRealEstate dot net
Post: Is it any more difficult to take out a loan after buying cash?

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@Account Closed fromm your photo, are you already upside down?
Post: Renter Refuses To Pay Late Fee, But Pays Rent

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@Richard Beatty one of our members challenged the Housing Court Judge because his Lease states that for every day beyond the 5th day it's a $1. increase at the annual renewal (beyond his annual 1% increase). They can pay early and reduce it from the late days.
Judge agreed it's legal.
Landlord said it works great! Good Luck;-)
& @Rich N.
Post: Renter Refuses To Pay Late Fee, But Pays Rent

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@Ray Harrell "I would refuse to pay a late fee also after 5 years of on-time rent."
To experienced Landlords that's a red flag!
Post: Liabilities home insurance

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@Account Closed $1-1.5k/yr.
I've changed my risk profile and instead of $250. Deductible and $200,000. Personal Liability. I'm now at $1,000. Deductible and $1.M Personal Liability (almost the same price...)_
Post: Tenant is forcing me to accept his section 8 voucher

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@Maksud H. you can call the Junkyard Dog of Eviction Attorneys, each year he speaks to our Association. PM me for his phone #
Good Luck!
Post: Best way to invest 100k, any ideas?

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
Medical Cannabis, Bitcoin, Gold? depends on your appetite for risk.
That's why I like Real Estate, it's a physical thing that I feel I can add value to.
Post: Where to buy tile north of Boston?

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
try Smethurst Burlington and Malden.
Post: Hold or unload a two family

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@David Jones Welcome.
I'm a Buy and Hold guy.
Post: Credit or Income - Which is more important?

- Real Estate Investor
- Boston, MA
- Posts 2,268
- Votes 542
@Michael Zack At the registry of probate, is there a Divorce filed? If he paid the Mortgage on time does that show? The credit lines "she" opened, were they obvious? You may want to speak with a Mortgage guy that can read credit reports...
Basically you've got someone that should not be considered but you are considering him by a "story" (extenuating circumstances).
PS Have you confirmed his employment?