Worcester Wed April 11: Ways to Make More Money, Hard Money Lending

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04/11/2018 5:30 PM - 04/11/2018 9:00 PM
Worcester Technical High School
Address: 1 Skyline Dr, Worcester, MA 01605, USA
Part I: For "Ways to Make More Money,", we'll be presenting the best tips and tricks we've learned from talking with hundreds of landlords over the years. We'll start with easy stuff like knowing your water pressure (you do know your water pressure, right?) and work up from there. A major portion of the presentation will be strategies for negotiating higher rent. We'll end with guidance on leaving paper checks behind and going digital with online rent collection that fits tenants' income patterns. Don't miss these strategies for improving your bottom line. Real estate is a great way to build wealth over time. This segment will be presented by Doug Quattrochi, Executive Director of MassLandlords, Inc. MassLandlords members represent the experience of tens of thousands of rental units, and each presentation a new idea comes up that gets worked into subsequent presentations. Come prepared to learn some great ideas but also please think about what you want to share with the room. Together we'll make this a meeting our balance sheets and the Commonwealth's housing stock will thank us for.
happy people making more money
Ways to Make More Money
brownfield before and after in Tallahassee
Hard Money Lending
Part II: Although the sexy-scary term we all know is "hard money lending," we'll be covering the whole spectrum of lending options available to real estate investors and related businesses, including leasing, sale / leasebacks, revolving lines of credit, purchase order financing, factoring, and finally, private placements (aka hard money loans). We'll learn what kinds of projects are appealing to whom, how to pitch yourself as a borrower, and how to exit creative financing once your project fits into a cookie-cutter mortgage. This segment will be presented by Dennis Coy, Senior Partner at Capital and Financial Center . This is his 45th year in corporate finance; having spent 22 years in commercial banking (Shawmut and Bank of Boston) and then since 1994 he has operated his own commercial finance brokerage firm. He has been involved in small deals ($ 100,000's) as well as large ones over those years; the single largest loan he's worked on was for $150,000,000. Dennis even has been involved in financing aircraft, ships, and even a railroad company; plus all sorts of real estate deals such as strip malls, fix and flips, commercial owner occupied, mixed use, etc.
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Wednesday, April 11th

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.)
  • 7:00pm Rich Merlino Meeting Introduction
  • 7:05pm Ways to Make More Money
  • 7:45pm Hard Money Lending and More
  • 8:25pm Networking
  • 9:00pm Doors close

Location

Worcester Technical High School 1 Skyline Dr Worcester, MA 01603

Parking

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 4/4 @ 12pm:
    • Public: $24
    • Members: $13.50 (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: $27
    • Members: $17
    • Premium Members: No charge and no need to register

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This event is operated by MassLandlords staff.

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