Boston's # 1 Real Estate Investors Association and Community
Boston REIA October Newsletter 2021
Dear Boston REIA Members and Friends,
Self-Directed IRA’s and 401K’s are under attack by the Feds in the Budget Reconciliation Bill. There is every indication that more anti-housing provider legislation will be pushed in the fall veto session in Springfield. Please write or call your senator!
Top 11 Family-Friendly Suburbs Where Parents Will Actually Want To Live
Realtor.com set out to find the best suburbs outside the nation’s biggest cities that offer a rewarding lifestyle for parents as well as their kids. To get their list they looked at the 11 largest cities in the nation and then their surrounding suburbs. Criteria such as the percentage of children living in each city, school rankings, and family-friendly businesses (including day care centers) as well as restaurants, bars, and things to do, and, of course, the area’s commute Full Article
Local Market Monitor, a National REIA preferred vendor, recently released their monthly National Economic Outlook where they share their thoughts on developments taking place in the U.S. economy…
National Economic Outlook By Ingo Winzer
The latest data on home prices show an incredible surge in almost all markets across the country. This can’t be explained through economic growth or population growth or income growth because there hasn’t been any. It seems to be a pandemic phenomenon unrelated to ordinary economic measurement, and therefore we don’t know how it will develop. Full Article
How Are Landlords Faring During the COVID-19 Pandemic?
Joint Center for Housing Studies, Harvard University
A recent study from Harvard’s Joint Center for Housing Studies asks, “How Are Landlords Faring During the COVID-19 Pandemic?” In the report, 2,500 landlords shared information about their rental property portfolios, as well as the individual rental properties themselves.
Harvard’s Joint Center for Housing Studies advances understanding of housing issues and informs policy. Through its research, education, and public outreach programs, the Center helps leaders in government, business, and the civic sectors make decisions that effectively address the needs of cities and communities. Read The Full Paper
Five Must-Know Steps to Renovating a Multifamily Apartment Property
Real Estate Investing Today, Brad Beckett
On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talked about the five most important steps you must follow when renovating a multifamily apartment property. Ken has over 24 years of real estate, banking, private equity transaction, and principal investing experience. He’s also been involved with transactions valued at over $2 Billion dollars. Listen to the Full Podcast
On a recent episode of the Get Traction Podcast, Tom Zeeb spoke with Chief Operating Officer (COO) of the National Real Estate Investors Association, Charles Tassell about his experience as a commercial real estate investor and political lobbyist. He talks about with Tom about best practices & strategies for evaluating neighborhoods, the strategic advantage of buying during a down cycle and the importance of choosing the correct business partner. In addition, Charles discussed the impact that local government can have on real estate investing and the value of getting involved in your community at the local level to bring about positive change.
National REIA stays on top of critical issues affecting the real estate investing industry, visit RealEstateInvestingToday.com and follow on Twitter @REI2Day.
National REIA Benefit Partners
Did You Know… HammerZen software is the only tool with the ability to import statements from The Home Depot® into QuickBooks®?
HammerZen is an Intuit-approved app that automates the import of receipts and purchase statements from The Home Depot® into QuickBooks®. With this tool under your belt, you can bid farewell to digging up receipts from your shoe box and tediously typing them into Excel. The HammerZen team is dedicated to eliminating manual data entry and helping real estate investors, contractors, and accountants exceed their goals while saving time and money.
As a National REIA (BOSTON) member, you receive a free 30-day trial and a discount on your monthly payments on the HammerZen App. Plus, HammerZen, an Intuit Premier Reseller, offers members the lowest prices for QuickBooks software. NREIA members have exclusive unlimited access to a knowledgeable and resourceful support team!
Quickbooks Update – QuickBooks Desktop 2021 is the latest (and Last) version you can buy without a subscription and will be supported for three years. This is a perpetual buy, one-time purchase, and is available till December 10, 2021. This includes version Pro, Premier, and Mac Desktop versions. Beginning with 2022 QuickBooks Desktop will be subscription-based. Most of the new or improved features are only being rolled out for “Plus” subscribers. This includes version Pro, Premier, and Mac Desktop versions.