This evening, please come to meet the general manager and the donation relation manager at the Worcester location.
ReStore is operated by local Habitat For Humanity organizations. They are nonprofit home improvement stores and donation centers. Items for sale are available to the public and are similar to what might be found in other home good stores.
The purpose of Habitat For Humanity ReStores is to contribute to the work of Habitat For Humanity. Proceeds from sales are used to help build strength, stability, self-reliance, and shelter in local communities and around the world.
It’s fall cleanup and general maintenance time: If you have items in the attic or basement that are no longer needed or just taking up space, you might want to consider making a tax deductible donation to ReStore.
You might also want to visit the Worcester store to explore their inventory. They offer new and “gently used” appliances, furniture, building materials, and more at a fraction of retail prices. They are located at 640 Lincoln Street in Worcester, telephone 508-799-9259.
John Gollinger, Executive Director of the Waltham Housing Authority, is tentatively scheduled to give us an update on WHA initiatives including the Waltham rental subsidy. For the voucher program in particular, we hope to hear statistics on how successful has the program been, whether there be an extension past three years or a follow-on program, and what can landlords can do to help out.
Waltham Housing Authority, John Gollinger Fourth from LeftMatt Naimoli of G&N Insurance
Part II:
Matt Naimoli of G&N Insurance will give us at least five cost savings and five pitfalls to avoid when insuring multifamily buildings.
Insurance Pitfalls to Avoid
Insufficient Rent Loss Coverage: What this means, how it can happen, and how to avoid
Insufficient Ordinance or Law coverage: What this means, how it can happen, and how to avoid
Insufficient Liability Protection: What this means, how it can happen, and how to avoid
Insufficient Building coverage: What this means, how it can happen, and how to avoid
Individual policies vs a BOP that extends across all locations: Advantages/Disadvantages of both options and how to choose what’s right
Claim snafus – avoid massive headaches of there are joint ownership on properties within policy by listing all owners out per property in advance
Missing Endorsements – guaranteed replacement, water back up, O&Law, etc
Policy Reviews – Not having policies reviewed at least every third year and the downfall of allowing them to sit dormant
Ways to Save
Deductible Changes and the impact: Examples
Evaluating options on a consistent basis: Who and How
Market your business, pick up handouts, give away an old doorknob. Everything goes on our first-come, first-served display table at all our events. Please bring business cards, brochures, coupons. And feel free to pick up your own uncollected marketing materials at the end. Everything not claimed end-of-night may be chucked.
Wednesday, October 3rd
Charles River Meeting Agenda
5:30pm Sign-in/Networking/Dinner
Networking draws from Waltham, Newton, Weston, Watertown, Wellesley, Wellesley Hills, Lincoln, Dover, Arlington, Belmont, and the western ends of Cambridge and Boston.
6:00pm Buffet Dinner by the Copper House Tavern
6:40pm Executive Director Doug Quattrochi with the MassLandlords Business Update
Member Minutes – Any member can have the mic for 60 seconds (introduce yourself, ask a question, share words of wisdom, etc.)
7:00pm Part I: John Gollinger: Waltham Housing Authority
7:25pm Part II: G&N Insurance: Five Savings and Five Considerations
There is ample parking in the lot around the Best Western and down the hill by the Copper House Tavern. Please enter through the main lobby and look for the MassLandlords signs.
Food
Upgraded food! Will be serving buffet of gemelli pasta with spinach, sun dried tomato pesto, topped with goat cheese chicken and basil.
Salad and grilled Tuscan bread with butter.
Soda, Water, Coffee
Waitstaff will serve alcohol, just ask
*Dietary restrictions: purchase an early-bird ticket and email hello@masslandlords.net, we will accommodate you.
If you’re like most landlords, you pay for the water yourself. Besides submetering, how can you avoid flushing money down the drain? Do you know about water recirculation? No, we don’t mean plumbing the tub drain into the showerhead. There are myriad ways besides submetering that you can reduce your water bill.
This part of the presentation will be given by member Robert Jordan of Energy Wise Homes. Robert has first-hand knowledge of water conservation strategies in residential rental operations.
Part II: Why Would You Ever Carpet?
Do you replace your carpet regularly? Here’s some food for thought: don’t! There is a wide array of manufactured floors that hold up better than carpet, vinyl, and hardwood. We’ll be reviewing the pros and cons of each and sharing best practice for flooring selection and long-term tenant proofing. Come find out what experienced hands have already started doing to reduce their turnover costs.
This part of the presentation will be given by Kyle from Father and Son Flooring.
Part III: Laws by Chapter and Verse
The Massachusetts General Laws will be made plain by looking at them in a logical, orderly way. We’ll glide over the laws by chapter and verse, pointing out the highlights, key points, and gotchas. After this presentation, you’ll be better prepared to find and read the laws for yourself. Anytime someone makes up, “That’s against the law!” you’ll be able to say, “Well, let’s see here.”
Do you have a sign on your building? You should! Have you told another landlord someone didn’t pay you rent? You shouldn’t! All this and more.
This part of the presentation will be given by MassLandlords Executive Director Doug Quattrochi. This presenter is not an attorney. We will be providing legal information and pointing you to read the law for yourself. We will not be providing advice particular to your situation.
A building rehabbed by Energywise Homes in UxbridgeTerribly Stained Carpet CC-BY-ND Chris DaviesLaws by Chapter and Verse
Have you seen our Leave Stuff, Take Stuff Table?
Market your business, pick up handouts, give away an old doorknob. Everything goes on our first-come, first-served display table at all our events. Please bring business cards, brochures, coupons. And feel free to pick up your own uncollected marketing materials at the end. Everything not claimed end-of-event may be chucked.
Wednesday, October 10th
Meeting Agenda
5:30pm Sign-in/Networking
Networking draws from Worcester, Shrewsbury, Millbury, Auburn, Leicester, Paxton, Holden, West Boylston, Boylston, Grafton, Upton, Northbridge, Sutton, Oxford, Charlton, Spencer, Oakham, Rutland, Princeton, Clinton, and Sterling.
6:15pm Buffet Dinner by The Vintage Grille
6:40pm MassLandlords Business Update and Member Minutes
Member Minutes – Any member can have the mic for 60 seconds (introduce yourself, ask a question, share words of wisdom, etc.)
There is ample free parking in the first lot you see, in the covered garage to your left, on top of the garage (entrance further down road), and around the back of the school
Food
Cheese and crackers, sodas, water, coffee, decaf
Hot buffet dinner, incl. salad, rolls
Cookies, brownies, and/or blondies
*Dietary restrictions: purchase an early-bird ticket and email hello@masslandlords.net, we will accommodate you.
Pricing
Open to the public. Membership is not required!
Early-bird ends seven days prior @ 12pm:
Public: $24
Members: $14 (log in before you register or you will see the non-member price)
Premium Members: No charge and no need to register
After Early bird or at the door:
Public: $29
Members: $19
Premium Members: No charge and no need to register
This event is operated by MassLandlords staff. Check in with your MassLandlords ID card.
When it’s time to raise the rent, can you just declare the new rent level? Or what paperwork is required? Do we need to terminate the tenancy? Can they sign an addendum? How do we avoid discrimination, concessions, or other legal gotchas?
We’ll be walking through the various ways landlords attempt to raise the rent and discussing the pitfalls with each approach. Attendees will leave with a clear understanding of the way judges want to see rent raises carried out.
This part of the presentation will be presented by Attorney Kate Higgins-Shea.
Attorney Kate Higgins-SheaChris Brown of Section1031.com
Part II
What’s the biggest tax savings ever? How about if you saved over $100,000? Come learn about IRS Section 1031, which allows owners to avoid recapture tax.
In a nutshell, owners can depreciate their property, saving tens or hundreds of thousands of dollars in taxes over the life of the building, and then they can sell out and transfer that money into new property of like kind without paying recapture tax. Everyone serious about rental property as an investment vehicle should understand Section 1031. But it’s not for the faint of heart! Tight timelines are involved. If you do it only once if your life, it will still save you $100,000 or more, depending on the value of your property.
This part will be presented by Chris Brown of Edmund & Wheeler.
Fire Code Updates for Multi-Family Buildings with special guest speaker Phil Jordan of the Fitchburg Fire Department.
On Thursday October 11, 2018 we have a presentation that you absolutely do not want to miss! With the fall season upon us and heating season right around the corner, this meeting is a great primer to review fire code and safety regulations which affect all of our rental properties and multi-unit dwellings.
Some of the topics we know about are the 10-Year battery sealed smoke detectors. Another topic is fall safety/fire code window release gates that the final decision is still pending through State Sanitary Code. Join us for our open forum and Q&A during the meeting. Come down for a night of sizzling information and education to keep you out of the hot seat.
As always, there is a door prize raffle at the end of the night. You get a ticket just for showing up at the meeting. You may receive additional tickets by bringing non-perishable food items for donations to local food pantries. The move you give, the better your chances are to win!
Our Events are Held at Monty Tech
Thursday, October 11th
NWCLA Meeting Agenda
Visit nwcla.com for any last-minute updates or changes.
6:45pm Dinner and Networking
Networking draws from Fitchburg, Leominster, Lunenburg, Townsend, Ashby, Ashburnham, Westminster, Gardner, Princeton, Sterling, Lancaster, Shirley, Groton, Pepperell, Winchedon, Templeton, and Hubbardston.
There is ample free parking beside the school. Do not park along the fence where the busses park. Do not park in any of the handicap spots unless you have the proper handicap parking sticker.
Food
Dinner by Happy Jack’s Cantina Grille from N. Main St. in Leominster.
Pricing
Membership not required! Open to the public.
Early-bird ends seven days prior @ 12pm:
Public and Members other than NWCLA: $15
MassLandlords.net/NWCLA members: pay annual dues, then free
After Early bird or at the door:
Public and Members other than NWCLA: $20
MassLandlords.net/NWCLA members: pay annual dues, then free
Is the market overheated? Or do we have a lot more room for price appreciation? The future is impossible to predict, but a little perspective can help us understand what we’re seeing. Daniel Vasserman, Executive Director & Client Manager at JPMorgan Chase & Co., will be sharing some personal perspective on the market. Daniel will not be speaking for Chase. He will be providing insight about the kinds of deals he sees happening, the recent history of rates, and the conditions under which properties are now being bought, sold, and financed.
Chase Bank specializes in lending to established owner-operators with three or more buildings and five or more units per building.
Market Conditions and Commercial Lending with Daniel VassermanSecurity Deposits and Animals: Minimizing your Liability with Attorney Greenman.
Part II
Our second topic will cover the agreement clauses and operational best practices you need to reduce your liability as a rental operator. Particular focus will be on security deposits: is it even safe to take a deposit anymore? And there will be heavy emphasis of animals: are they a pet, a service animal, an emotional support animal? And what can you say or do about it? Attorney Jordana Greenman and her landlord-tenant practice are based in Boston and receive great reviews at our events.
Market your business, pick up handouts, give away an old doorknob. Everything goes on our first-come, first-served display table at all our events. Please bring business cards, brochures, coupons. And feel free to pick up your own uncollected marketing materials at the end. Everything not claimed end-of-night may be chucked.
Tuesday, October 16th
Cambridge Meeting Agenda
5:30pm Sign-in and Networking
Networking draws from Cambridge, Boston, Somerville, Arlington, Belmont, Watertown, and Malden.
6:00pm Buffet Dinner
6:40pm Executive Director Doug Quattrochi with the MassLandlords Business Update
Member Minutes – Any member can have the mic for 60 seconds (introduce yourself, ask a question, share words of wisdom, etc.)
7:00pm Daniel Vasserman: Market Conditions
7:25pm Attorney Jordana Greenman: Security Deposits and Animals
ID required Upon entering One Broadway, you will need to check in with the lobby security. You’ll just need to show your ID and let them know you’re going to the MassLandlords event in the 5th floor Venture Cafe.
Accessing from the T
Exit the Kendall T stop on Main St.
Cross to the northeast side of Main St. with the Marriott and Chipotle and walk down the street away from Cambridge towards the Longfellow Bridge to Boston.
Cross through the plaza with the five-foot high metal globe; One Broadway is the building undergoing construction across the next street.
Cross over Broadway to arrive at One Broadway.
Parking
Accessible by T and highway. Parking available in several garages for weekend rates. See CIC Directions for details. Pilgrim Parking is $10 enter after 4pm, a two-minute walk from One Broadway, click here for details
Food
Buffet, incl. salad and rolls
Water, sodas
Cookies
*Dietary restrictions: purchase an early-bird ticket and email hello@masslandlords.net, we will accommodate you.
Berkshire County Meeting Agenda returns November 20
6:00pm Networking
Networking draws from Great Barrington, Lee, Lenox, Stockbridge, Pittsfield, Lanesborough, Cheshire, New Ashford, Adams, North Adams, Clarksburg, Williamstown, Florida, Savoy, Hancock, Dalton, Windsor, Hinsdale, Peru, Richmond, Washington, West Stockbridge, Becket, Tyringham, Alford, Otis, Monterey, Sandisfield, New Marlborough, Sheffield, Egremont, and Mount Washington.
