8/3/2019 Newsletter - October Newsletter
1/29
Investment News
MI D- AME R I CA ASSOCI ATI ON OF R E AL E STATE I N VE STOR S
October 2011NETWORKING : EDUCATION : COMMUNITY
DO NOT PASS
GO!
the greatest
opportunityto acquire wealth
our generationmay ever see!
Andy HellerIs teachinglong term
wealth buildingmodel
October 22nd
8/3/2019 Newsletter - October Newsletter
2/29
Honors
Of Merit
2011
Electronic
Communication
&
Membership
Development
Page 2 MAREInet.com
MAREINotes
Contact Information
PO Box 8685, Prairie Village KS, 66208
Phone: 913-815-0111 Fax: 816-523-4448
Our Mission Statement
Mid-America Association of Real Estate Investors is dedicated to promoting ethical real estate in-vesting and to protect and promote the best interest of our membership through educational and
networking opportunities as well as community, legislative and public relations.
Legal DisclaimerMAREI does not exist to render and does not give legal, tax, economic or investment advice and
disclaims all liability for the action or inaction taken or not as a result of communications from or to
its members, officers, directors, employees and contractors. Each individual should consult his/her
own counsel, accountant and other advisors as to legal, tax, economic, investment and related
matters concerning real estate and other investments.
Content DisclaimerThe views and opinions expressed by authors of articles contributed to this newsletter do not neces-
sarily reflect those of the association, the board of directors or the staff.
Advertise in the Investment News
Rate Schedule
Size Non-Member Member Business Associate
Full Page $175 $140 $115
1/2 Page $145 $105 $85
1/4 Page $75 $65 $50
1/8 Page $55 $35 $25
A 10% discount is given on ads pre-paid for 6-12 months. Any changes to a pre-paid
ad will incur a minimum charge of $20. The deadline to submit ad copy is the 1st of
each month. All ads must be prepaid. Contact to verify ad format can be accepted.
PDF preferred. There is an additional charge of $25 to typeset a business card ad or
1/4 page ad layout, $60 for a 1/2 page or full page lay-out. Opportunities also exist for
advertising on www.MAREInet.com. Call 913-815-0111 for more information. Email
ad copy to [email protected]. Mail payment to MAREI, PO Box 8685, Prairie Vil-
lage, KS 66208 or request an online payment for to use credit or debit card.
8/3/2019 Newsletter - October Newsletter
3/29
Investment News Page
MAREIStaff
Kim Tucker 816-523-4400
Director
Don Tucker 816-523-4400
President
Steve Burns
Audio Visual
John Welchert
Meeting Ambassador
816-268-3849
Dan Goodwin 913-642-5218
Meeting Ambassador
Shelda Goodwin
Meeting Ambassador
Scott Tucker
Meeting Ambassador
volunteers: Be sure to thank our volunteers who
help out at each and every meeting making sure the entire
meeting is a success. If you would like to volunteer from
time to time to help set up, take down, or check in, or as-
sist for a few hours in the business office, please email
[email protected] or call 913-815-0111.
Special Thanks to Marty Seiss and Melissa Wurtz for their
assistance this past month.
8/3/2019 Newsletter - October Newsletter
4/29
Page 4 MAREInet.com
BUSINESS MEMBERS
ADDRESSING THE NEEDS OFmarei
Real Estate Investors and Landlords depend on a well
rounded team of professionals. If you are building your
team or looking to make a trade, start your recruiting with
our Vendor Members and Business Associates. See a
complete list of suppliers and any discounts they may of-
fer to MAREI members by visiting, www.MAREInet.com.
http://mareinet.com/associates
Type Company Web Phone Contact
Attorney Wise / Anderson BobWiseLaw.com 816-942-5925 Bob Wise
Contractor Te-Tee Light MAREI Vendor 816-356-1870 George Bai
Insurance APIA REOIns.com 877-752-2742 Lisa Goodner
Lender Argentine Federal Savings ArgentineFed.com 913-402-1500 Ann Wilkinson
Prop Mgr Abraxas Prop Mgmt AbraxasMgmt.com 816-474-8800 Meka Cayce
Prop Mgr Jamieson Home Team JamiesonHomeTeam.com 816-503-4671 Kevin Jamieson
Prop Mgr Premier Leasing MyPremierLeasing.com 816-841-9500 Jeff Woods
Realtor Realty Resource RealtyResourceKC.com 816-523-4400 Kim Tucker
Security Devcon Security DevconSecurity.com 913-907-4942 Marian Collins
Supplier Canyon Stone Canyon-Stone.com 913-254-9301 Matt Puckett
Title Accurate Title Company AccurateTitleco.com 913-338-0100 Jackie White
Wholesale kcmoHomeBuyer kcmoHomebuyer.com 816-200-2198 Don Tucker
http://www.bobwiselaw.com/http://mareinet.com/associates/te-tee/http://mareinet.com/associates/te-tee/http://mareinet.com/associates/apia/http://mareinet.com/associates/apia/http://mareinet.com/associates/argentine-federal/http://mareinet.com/associates/argentine-federal/http://mareinet.com/associates/abraxas-property-management/http://mareinet.com/associates/abraxas-property-management/http://mareinet.com/associates/jamieson-home-team/http://mareinet.com/associates/jamieson-home-team/http://mareinet.com/associates/premier-leasing/http://mareinet.com/associates/premier-leasing/http://mareinet.com/associates/realty-resource/http://mareinet.com/associates/realty-resource/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/canyon-stone/http://mareinet.com/associates/canyon-stone/http://mareinet.com/associates/accurate-title/http://mareinet.com/associates/accurate-title/http://mareinet.com/associates/kcmohomebuyer/http://mareinet.com/associates/kcmohomebuyer/http://mareinet.com/associates/kcmohomebuyer/http://mareinet.com/associates/accurate-title/http://mareinet.com/associates/canyon-stone/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/realty-resource/http://mareinet.com/associates/premier-leasing/http://mareinet.com/associates/jamieson-home-team/http://mareinet.com/associates/abraxas-property-management/http://mareinet.com/associates/argentine-federal/http://mareinet.com/associates/apia/http://mareinet.com/associates/te-tee/http://www.bobwiselaw.com/8/3/2019 Newsletter - October Newsletter
5/29
Investment News Page
Join the Conversation
https://www.facebook.com/
KansasCityRealEstateInvesting
https://www.facebook.com/
groups/kcrei/
http://twitter.com/#!/mareinet
In This Issue
MAREI Business Members
MAREI Meeting Staff
Notes from Director
Fraud in Real Estate
Real Estate: the Perfect Storm 1
Risk vs Reward: Protect Yourself as a
Landlord
1
Coalition for Sensible Housing Policy 1
Market Data: Investing Research 1
Top Tips for Landlords 2
MAREI Calendar of Events 2
Registering for MAREI Events 2
Classifieds 2
New & Renewing Members , Guests 2
ContentsMAREI NewsSpeed Networking
In December
https://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/groups/kcrei/https://www.facebook.com/groups/kcrei/https://www.facebook.com/groups/kcrei/http://twitter.com/#!/mareinethttp://twitter.com/#!/mareinethttp://twitter.com/#!/mareinethttps://www.facebook.com/groups/kcrei/https://www.facebook.com/groups/kcrei/https://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/KansasCityRealEstateInvesting8/3/2019 Newsletter - October Newsletter
6/29
next page. The trainers in these places might charge y
$500 to $2000 for a home study course, maybe $1000
$3000 for a bootcam
What you need to realize is that these pitch people, w
are bypassing your REIA group and going straight to yo
newspaper, TV, mailbox, or email in box, bypass your RE
group for a reason. If they came through the REIA gro
(1) they probably would not get pass the REIA groups ga
keeper because of the quality of their training and cost a
(2) if they did get in to speak at your group, the REIA lea
ers would probably be telling you it was a big rip off. Mys
I have seen these pitch people offer a free 2 hour hype a
local hotel on how easy it is to get rich. The sell you int
$300$500 week-end with some books and a lot mo
hype on how easy it is. What I dont get is that if it is
easy and if you can get so rich, why I need to spend a
other $10,000, $20,000 or more to find out how to do
why cant I figure it out from the 3 day training I just a
tended and all the books and tapes they already sold m
These weekends sometimes have good material, a
sometimes dont. But still you really need to spend anoth
$5,000, $10,000, $20,000, and more because you rea
cant get rich unless you invest money in your educatio
And I agree, you do need to invest in training, but w
spend $20,000 on something that really is basically t
same training you could buy from trainers vetted by yo
REIA group for much less. It probably has a fancier pa
age and comes with some highly trained sales people f
lowing up with you to tell you that you are going to be r
in real estate, but you really need to spend anoth
$20,000 for this or than! To top it all off, many of the
pitch people dont invest in real estate . . . Imagine that .
And are just repackaging materials they bought from t
guy that spoke at your REIA last mon
For example, this month MAREI has a training person co
ing in to speak: Andy Heller. He will be offering real, va
able training at the Saturday event and he will be selling
training course that he and his partner created. But kn
this, His course runs around $2000 according to his we
site and I know he does not have a staff of phone sa
people following up with you trying to sell you somethi
else. He comes highly recommended from many REIA
and their members from across the country and he does
fact invest in real estate
Kim Tuck
I recently opened my mail box to find a
special invitation to a Private Pre-
Auction Event. The invitation goes on
to say smart investors are making mil-
lions from tax deed auctions, foreclosure
flips, and pre-auction events.
As I read through the invitation I cant quite figure out what I
am being invited too? Is it an pre-auction event in advance of
a tax deed auction, where the speaker is going to train me on
tax deed auctions. Hmm, those have already passed for
2011 here, so that cant be it. They might be going to train
me, or sell me training on how to do a foreclosure flip before
an auction, but still when is the auction? There are no large
auctions planned in Kansas City as those always end up in
the Kansas City Star and in my email in box. So back to the
invite. It also says we can make millions from attending this
pre-auction events. But again I am stumped as to what this
event isis it how to make money or is it an auction. What
ever it is, I can go for free, its limited to 100 attendees, I
could win an I-pad, and it will be eye opening.
Great, but what is it. So my next task was to check this event
out a bit more. As we will talk about at the Tuesday Meeting
we should check out everything before we spend, and I am
sure at this event, what ever it is, they will have a huge eye
on my credit card and check book. . . So lets check this out
and see what he is all about.
So my next step was to head off to my good friend Googleand see what it had to say about this event. After a few clicks
I start seeing a lot of promos for this guy and others with simi-
lar events all across the country. Not really any positive feed-
back, but a lot of negative feedback. In fact on one webpage
from this promoter, there is a notice that he is violating Cana-
dian real estate laws by acting as a broker in a real estate
transaction without a real estate license. Then I found a
blogger that described a past pre-auction event from last
year. He said it really did not feature the guests speakers
promoted except via recorded video. That it was presented
by polished pitch people telling you how easy it is to get rich
in real estate and how much banks want to sell you their
houses. Now if you have a couple of hours to kill and want to
go get your free camera (and it looks like a free one in the
photo too) and a chance to win an I Pad, well great. But from
what I am seeing you are not going to learn a whole lot and a
few people are going to leave with less money in their pocket.
As a practicing real estate investor for almost 12 years now, I
am all for education: go buy a book, go to your local real
estate investment groups meetings and trainings, even buy a
training course or a bootcamp, or check out MAREIU on the
Directors Notes
Page 6 MAREInet.com
8/3/2019 Newsletter - October Newsletter
7/29
Investment News Page
www.MAREIU.com
www.MAREIU.com
8/3/2019 Newsletter - October Newsletter
8/29
Page 8 MAREInet.com
Fraud in Real Estate
Kansas CityThe Kansas City Star reported on 10/4 that A
former Lees Summit real estate agent will
spend 20 months behind bars and must pay
more than $5.6 million in restitution for a mort-
gage fraud scheme that left banks holding bad
loans and caused property values to plummet.
The builder involved in the scam was sen-
tenced to 2 1/2 years in prison and ordered to
pay restitution of more than $5 million for hisrole in the scheme including mortgage fraud,
wire fraud, and transferring funds obtained
across state.
The FBI found that a woman from California
and a man from Florida helped three people
build false credit histories so they could obtai
fraudulent loans. These were the straw buy-
ers and all were sentenced for using false
numbers to artificially raise their credit scores
allowing them to purchase six propertiesworth more than $2.7 million.
October Monthly Meeting:
Tuesday October, 2011, 6pm to 9pm
Career Education Systems,
FREE for members, Guests $25 at the door, $15 if youpre-register
Dont miss this eventMonthly MeetingAgenda
5:40 PremeetingMarket Report
6:00 Check in / Vendors / Networking
7:00 Announcements / Q & A w/ Andy Heller
7:30 Presentation
8/3/2019 Newsletter - October Newsletter
9/29
Investment News Page
Due Diligence
Considering a Transaction
Considering doing businesswith someone.
Check them out First
Check County Records forOwnership of Property
Check Secretary of State Website for Company Ownership
Use ZabaSearch.com to matcnames with phone numbers
GOOGLE a Name
See if they are on Facebook oLinkedIn
Check for people or companynames in CaseNet in Missour
or JocoCourts.com in KS
Check for licensing with StateRegulatory Boards: RealtorsMortgage Brokers, Appraisers
Check with the State AttorneyGenerals Office
Look on the FBIs website tosee if they have been in troubl
Dont fill out online applicationwith companies or people you
dont know.
Ask lots of questions and getanswers that make sense.
Ask for references and checkthem out, dont take them at
their word, especially if they uswell known peoples names.
Leawood Attorney pleads guilty
to participating in a conspiracy
to commit wire and mail fraud.
Investors lent $52.5 Million to
this attorney and others through
a Real Estate Ponzi scheme
where they thought they were
lending for legitimate real estatedevelopment projects, but most
of the money was being kept or
used to pay interest to other
lenders. Look up British Lend-
ing Program Online or BLP.
August 2010, Kansas City Kan-
sas man sentenced to 145
months in prison and ordered to
pay more than $5.8 million inrestitution for mortgage fraud.
Plead guilty to mortgage fraud,
wire fraud, money laundering,
and aggravated identity theft.
Conspirators obtained loans for
purchasing and refinancing
properties by submitting fraudu-
lent loan applications with false
statements, false sales con-tracts, and false appraisals by
unlawfully making use of the
identity of a licensed appraiser.
Scammers using Craigslist to
target would be renters in an
Identity Theft Con. They steal
another persons photos and
property information from a
house for sale to create a newrental ad on Craigslist with a
very attractive rent and ameni-
ties. Then once a potential
renter contacts them, they ask
for them to fill out an application
online. When they stop by the
property to see it, they are told
the house is not for rent and
they know nothing about the
rental application.
You can search for stories
about fraud in real estate and
mortgages on the internet for
hours and never run out of sto-
ries.
In an effort to educate our
members and guests, we have
invited in FBI Special Agent
Julia Jensen for her 3rd presen-
tation at MAREI. Her first two
were very informative and very
well attended. As she has cutway back in her speaking en-
gagements due to an increased
case load with her investiga-
tions, we are very lucky to have
her join us for this meeting. WE
EXPECT A PACKED ROOM!
So get there early to reserve
your seat.
We hope that you take awayinformation from this presenta-
tion that will keep your name
out of the paper as a person
taken in by a scam or the per-
son going to jail for committing
fraud. We have seen numer-
ous people in trouble over the
years with fraud schemes on
both side of the scam due to
their lack of knowledge about
the situation. So we ask you to
pay close attention, take notes,
and if ever faced with anything
you dont understand, ask for
help.
8/3/2019 Newsletter - October Newsletter
10/29
Today: The Perfect Time to Invest
By Andy Heller, Co-Founder, Regular Riches Invest-ment System
Should an investor swim or reach for a life preserver?
Just a few years ago, the number of real estate inves-tors was growing by leaps and bounds; however, todaymany investors that were attracted to real estate in theearly part of this decade due to skyrocketing property
values have retreated to the sidelines. The market hasbeen cooling nationwide, and so it seems has the ap-petite of many investors. The million dollar question is,are they right? Should other investors follow theirlead?
To help answer this question, lets look at a similar oc-currence that happened in the late 1990s in the stockmarket. Stocks began to appreciate rapidly in the mid1990s. In response, stock investment clubs popped upall over the country. The increased interest in the stockmarket drew more attention to stocks from previouslyinactive and novice investors. This brought moremoney into the stock market, which in turn drove prices
even higher. The bubble burst on the stock market inthe early 2000s. Stock investment clubs closed andinterest in the stock market waned in response to thedeclining values.
The end of the bull market and start of a bear market ithe early 2000s sent many of these new stock investoto the sidelines, just as real estate investors attracted skyrocketing property values earlier this decade havealso just recently retreated to the sidelines. As we
asked above, are the retreating investors right? Theanswer is a resounding NO.
An astute stock market investor makes good money inboth a bull market and a bear market. The same occuin the real estate market. There is a GREAT opportu-nity for todays real estate investor. Todays investor isunlikely to find and profit from skyrocketing prices thatdominated many real estate markets just a short timeago. Therefore, investors who plan only to profit fromproperty appreciation are right to retreat if that is theirprimary means to profit. But todays market provides aeven greater opportunity to real estate investors thanyears past. It is just a DIFFERENT, and very special,
investing opportunity. Large profits will not come fromonly property appreciation but from othersources.
We refer to the special opportunity that is jusstarting to develop in Todays real estate maket as a Perfect Storm. The Perfect Storm ithe name of a movie staring George Clooneyand Mark Wahlberg that depicted the mostviolent storm of our generation. This once-in--generation storm occurred in the mid-1990sand was caused by three separate and dis-tinct weather patterns that occurred simultanously. One happened a lot, two every coupledecades, and all three together was some-thing seen once in a lifetime. This createdwhat was nicknamed The Storm of the Cen-tury or The Perfect Storm.
So what in the world does that have to do wittodays real estate market?
Like the Perfect Storm, today we find threethings happening in this real estate marketthat is the start of what is potentially a once-i
Real Estate
The Perfect Storm!
Page 10 MAREInet.com
8/3/2019 Newsletter - October Newsletter
11/29
a-generation investing opportunity.Three market developments that havenever occurred all at the same time:
1. Record Foreclosures Withforeclosures today at record num-bers and going even higher, thisin short means that the pool ofproperties available for investorsto purchase at a discount is IN-CREASING. Also, because manycommunities across the UnitedStates are seeing added foreclo-sures coming onto the market,this is forcing the average home-owner to also discount their homein order to attract a buyer. Fore-closures are up all across theUnited States, with annual in-creases of 100% in many parts ofthe country. In short, it is easiertoday to get a huge discount oninvestment property that it hasbeen in years.
2. Rising Rents With loan stan-dards tightening up the pastmonths, fewer people can qualifyfor home loans and therefore de-mand for rental property is in-creasing. In response to this ris-ing demand, landlords are able torent their properties faster, keeptheir properties rented longer, andraise rental rates. So investorswho like to rent, lease/purchase,or are unable to flip a property,can take advantage of a rapidly
strengthening rental market.
3. Less Competition Without theattraction of profits from skyrock-eting property values, fewer inves-tors are active today. Fewer in-vestors means less competitionand even more opportunities forbig profits.
How is todays investor able to takeadvantage of this Perfect Real Estate
Investors Storm?Simple, on the purchasing end, aninvestor today will be able to use theincreased supply of properties at adiscount, and the lack of competition,to achieve investor discounts thatwere very hard to achieve before.Where two to three years ago an in-vestor may have been happy to se-cure a discount of 10 percent on a
Investment News Page 1
Maximize your profits in Todays Perfect Storm Invest TODAY in establishing your network of realty contacts and property
sources.
Seek a much greater investor discount upon acquisition than you would haveaccepted a couple of years ago.
Secure an exit strategy that allows you to acquire cash out every now and
then (such as a lease/purchase)
Do frequent rental analysis wherever you have rental property (i.e., dont be
so quick to ask for $1500 when today you might be able to get $1700 be-cause of the growing number of renters).
Consider locking in tenants to two, and even three, year leases (our shortesis three years). This gives you a chance to get rents up with annual in-creases, and hold onto enough properties in anticipation of property valuesgoing up again (which they eventually will).
Seek out educational products (books, seminars, home study courses) thatteach investing strategies where the investors profits are not dependentsolely upon property appreciation.
Andy Heller is co-author of the Fortune Magazine recommended book
Buy Low, Rent Smart, Sell High and together with his partner, Scott
Frank, have approximately 40 years of combined real estate investing
experience and have purchased, rented and sold approximately 100
residential properties. For more on the Fair Lease/
Purchase and other real estate investing tips go dont
miss out on his workshop in Kansas City on the 22nd.
Go to www.MAREInet.com/AndyHeller to sign up for the
event, and to register for some FREE Bonuses. Every
person that Pre-registers for the event will receive a free
copy of Andys BookBuy Even Lower.
given property, that same propertycan be purchased in a softening mar-ket 40 percent or more below market.
On the marketing end, investors whorent or lease/purchase will be able toachieve greater profits from less va-cancy periods and rising rents. Forthose investors who try to flip can usethe huge discounts they obtainedwhen they purchased their property todiscount the property more than they
could have a few years ago and at-tract an buyers quickly. If a buyerdoes not purchase quickly, the inves-tor can simply fall back on a rapidlystrengthening rental market and at-tract a quality tenant, and patientlywait for property values to head upagain.
How is this playing out today allacross the USA? I have been invest-ing for approximately 20 years. In thearly part of this decade, I admittedlypaid a bit more for properties than Iwould have liked, mainly due to theintense competition due to so manynew investors competing for discounproperties. Today, there are moregood opportunities to buy than I couldhave ever imagined just a few yearsago. My world is a microcosm of theoverall real estate investing markettoday. I can sum this up in 3 words:
Deals, Deals, Deals!
Throw away the life preserver, dive inand enjoy the best swimming an in-vestor has had in decades.
8/3/2019 Newsletter - October Newsletter
12/29
Page 12 MAREInet.com
units setting empty any longer than is necessary,but you dont want to be just inserting warm bodieinto your properties that will flee in the night orneed to be evicted in a couple of months.
The answer is to turn to tenant screening. Thisshould not be something you learn and do it your-self, you want a formal process that works every
time and to do that you need a professional screening service.
While we cant know with 100% accuracy that aperson will make a good tenant, but we can knowwith a percentage of accuracy if a person will havea higher likely hood of paying rent, not causingproblems, and making you more money.
There are numerous screening services that youcan turn to that do as little as a credit check, to anonline screening, to a full blown background checkPrices can vary greatly, but for a good screening
for one person expect to pay between $25 and$35, which by the way can be an application feepaid for by the prospective tenant. Which onceupon a time, a burly old landlord told me was ascreening function in itself. If the tenant is not willing to pay $25 to $35 per adult in the property forscreening, that tells you right there that they wouldnot be a good tenant and you would not be receiv-ing a good report.
So what should a good screening company pro-vide? A lot more than a credit score as a creditreport is about the persons credit, but how much
does the way a person pays their visa bill have todo with how well they will take care of your properand pay rent and not set up a crack lab in yourbasement.
So be sure to look for a screening company thatwill look at all aspects of the tenant history and provide you with:
There are numerous ways to invest, but the moreyou read and study, you will find that all routes toreal wealth is through making a profit day in andday out through rent payments.
You may be a landlord and rent out houses, smallmulti family, apartments, or commercial proper-ties. You might do a more advanced approach
and look at lease options, contract for deed, orseller financing. All choices allow an investor tomake money in several ways. First when you buyit under value, instant profit. Second, when youimprove the property through renovations or rentalincreases. Third through rent income. And Fourthtrough appreciation.
Now you may hear the old veterans talking aboutdifferent types of problems from tenants tearing uptheir properties to not getting their rent on time.But remember they are old veterans and are stillout there renting properties, so there must besomething to this being a landlord or they wouldhave thrown in the towel long ago.
What these people know and that you need tolearn if you are new, is that whether you are alandlord managing your own properties, or a land-lord who has hired a property manager, or you areone of those people with a huge rental propertyportfolio, you have less problems and make moremoney when you know more about your tenant.
You can learn how to spot a good property or hirea realtor and property inspector to help you. You
can hire a contractor to do the repairs and main-tain the property. You can even hire a propertymanager to manage the property. But to actuallylearn more about your tenants, you have to find away to screen them thoroughly and not discrimi-nate against them at the same time.
Risk in being a landlord is minimized by renting aproperty quickly and further keeping the good ten-ants as long as possible. You dont want your
Risk Vs Reward
Protect yourself as a Landlord
8/3/2019 Newsletter - October Newsletter
13/29
Investment News Page 1
Credit History that is easy toread and understand so youcan see what they pay andwhat they dont.
Civil History and evictions fromcourt records so you can seewhy they have been sued in-cluding rent, damages, andpossession of property.
Criminal History so you can seewhat type of crimes they mayhave committed. The guy whoshoplifted 20 years ago mightbe ok, they guy who was con-victed of dealing drugs or as a
sexual predator might not be. Employment and Income Verifi-
cation to make sure they dowork where they say they doand in fact make what they re-ported to you on your applica-
tion. And statistically speaking,is that enough income for theamount of rent you are charg-ing.
Rental references from currentand prior residences so youmight find that the current land-lord who wants this person outgives you a glowing report andthe three landlords before thattell you how bad they were.
Some screening companies mightoffer a risk rating factor to help youin the process, but in the end youneed to make sure you form a for-
mal screening criteria you apply toeach and every potential tenant soyou do not find yourself in violationof any fair housing regulations.
Formal Screening Criteria means itneeds to be written down, it needs
to be a step by step process ap-plied to each and every potentialtenant. It needs to be objectiveand repeatable. And last you nee
to document your process and theobjective results so you have a paper trail should a fair housing audior investigation come to light.
As we talk about formal, objectiveand documented, all of these as-pects point to using a screeningservice to provide you the formalitthe yes and no answers, and a paper trail to put in your tenant andrejected application files.
One last item that you can use toprotect yourself is rental paymentinsurance to make sure you getpaid rent should the tenant skipbefore the lease expires or if youneed to evict the tenant.
More Profits
More Information . . .
More Confidence
Tenant Screening
Pre Employment ScreeningContractor Screening
Collection Services
www.AAAScreening.com
816-436-0085
Discounts for MAREI Members
Do the math.Your vacancy is costing you every day.Fill your vacancy faster and save moneywith Rentals.com!
Discounts for MAREI Members:
Receive 20% off all Regular
Priced Advertising. Log into
Members Area, click on Member
Discounts and look for MAREIs
Discount code!
https://www.aaascreeningapp.com/aaascreen2/MAREI-n/secure_index.htmlhttps://www.aaascreeningapp.com/aaascreen2/MAREI-n/secure_index.html8/3/2019 Newsletter - October Newsletter
14/29
Page 14 MAREInet.com
You may have heard of Qualified Residential Mortgage Re-
quirements, or QRM, which proposes rules that would in
essence require borrowers of higher risk loans to make a 10
to 20% down payment.
In an effort to make sure the general public understands
what QRM is and the drawbacks that it will cause, MAREI
through its membership as a part of National EIA has joined
forces with the Coalition for Sensible Housing Policy
(www.SensibleHousingPolicy.org) which is made up of 46
key associations across the country including: National As-
sociation of Realtors, the National Association of Homebuild-
ers, American Bankers Association, the Mortgage Bankers
Association, the NAACP and other consumer groups, civil
rights groups, lender, real estate professionals, insurers and
local governments. This coalition was established to combat
the possible passage of the proposal by federal regulators
that would raise costs for creditworthy homebuyers, deny 25
million current homeowners the ability to refinance into lower
rates because they lack 25 percent equity, slow the eco-
nomic recovery by further stifling the housing market andensure a large government strangle hold of housing markets
for a very long time.
While in the past the requirement of 10 percent to 20 per-
cent down payments was very common, we have seen that
wellunderwritten, low down payment home loans have
been a significant and safe part of the mortgage finance
system for decades. The proposed QRM exemption ignores
historical data and imposes minimum down payments of 10
to 20 percent and equity requirements for refinancing of 25
to 30 percent equity.
This would result in responsible consumers who have goodcredit and seek good loan products to be forced into more
expensive mortgages under the new proposed rule just be-
cause they do not have 10 to 20percent to put down.
These mortgages will be more expensive for consumers
because the capital and other costs of retaining the risk will
be passed onto them, if the private lending market chooses
to offer loans outside of the QRM standards at all.
What are the proposed rules and their potential effects:
For consumers, the QRM was intended to prove cred
worthy borrowers access to well-underwritten product
at good prices. Although Congress intended for the
QRMs to be accessible to a broad range of borrowers
the regulators acknowledge that they crafted this rule
to make the QRM a very narrow slice of the market.
Despite specific Congressional rejection of down pay
ment requirements in the QRM legislative provisions,fact attested to by the QRM sponsors, the regulators
have insisted upon a punitive down payment require-
ment, even when confronted with ample historical loa
performance data that show low down payment loans
perform well provided the loan has been properly un-
derwritten and has consumer-friendly features.
For the housing market, the statutory intent of the
QRM was to provide a framework for sound and re-
sponsible liquidity provided by private capital that
would be broadly available to support a housing reco
ery. However, the QRM definition in the proposed ru
will force the vast majority of both first-time and exist-
ing homeowners to face potentially significantly high
interest rates, or to postpone purchases and refi-
nances.
For the structure of the housing finance market, the
QRM was intended to help shrink the government
presence in the market, restore competition and miti-
gate the potential for further consolidation of the mar-
ket. Again, the proposed rule is likely to have the op-
posite impact.
Coalition Recommendations
Regulators should redesign a QRM that is consistent with
Congressional intent: encourage sound lending behavior
that supports a housing recovery, attract private capital an
reduce further defaults without punishing responsible bor-
rowers and lenders.
For more information visit, www.SensibleHousingPolicy.o
and for more information on MAREIs Legislative Affairs g
to www.MAREInet.com and look under the Government
Tab.
CoalitionFor Sensible Housing Policy
8/3/2019 Newsletter - October Newsletter
15/29
Be sure to use your discount
card for savings of up to 40%
off regular pricing in all stores
nationwide. This is all part of
a NATIONAL Contractor Ac-
count for awesome price sav-
ings! Card is in your mem-
bership package!
kcmoHomeBuyer.com
Do you have a
house you need to sell? A wholesale or Assignment
you need an end buyer for?
We are looking for homes to Rehab and Sell to First
Time Home Buyers. Please add us to your Buyer List.
Parameters:
After Repair Value $120,000 to $180,000
3-4 Bedroom, 1.5+ Bath
Basement & Garage Preferred
Like Post 1978, but will consider older
Investment News Page 1
2% Rebate, Get Registered.
Instructions in the member
area of MAREInet.com. Log
in, click on Member Library
and look for Home Depot in
the Benefits Section.
FREE Gift!Get instant access to 3 great
FREE Bonuses. Valued at
$200: Must Know RE Terms
Glossary, Think & Grow Rich
Book , and Training eCourse.
Management Solutions
to help your properties
Operate Smoothly
Increase Desirability
Enhance Investment Value
Attract & Retain Tenants
Find us Online
www.AbraxasMgmt.com
816-474-8800
8/3/2019 Newsletter - October Newsletter
16/29
In life as they say knowledge is power. The more youknow about market statistics in your given field of businessand the better able to interpret and apply the data, the betterbusiness person you will be.
Real Estate is no different than any business, you need togather data, study it and use it to plan your business. Thereare virtually 100s of source of data for the real estate inves-tor from the local MLS service, the local Real Estate Asso-
ciation, the Regional Federal Reserve Boards, the US Cen-sus and others. We have just started tracking several differ-ent factors gleaned from all of these services and combinedthem into a market data report that you will find on the Mem-bers Only side of the MAREI website and that we will belooking at briefly at the October 11th PreMeeting from 5:40to 6:00.
If you are like many real estate investors, knowing what youare looking at is a bit tough, because if you were luckyenough to have some sort of formal training on statistics itwas a long time ago, and in many cases, you may havenever had any training. So we are going to look at the chartbelow and see if we might be able to figure out what we arelooking at. This data came from both the Hearland MLS andKCRAR websies.
Below you will find three sets of information including Inven-tory (how many houses are on the market), Days on Market(the number of days properties have been formally listed forsale), and the Average Sales Price as reported by the sellingagent. It also is looking at residential properties only andwhere possible breaks down New Construction Homes fromExisting Resale Homes and then Combines the two.
But looking at just these numbers we can see how muchinventory is increasing and decreasing. Which when youare looking at just one particular point in time will not tell youa whole heck of a lot. But if you track it over time as wehave shown in a spreadsheet below or in a full year chart, asyou will find in our Market Report, you will see trends that
can help you. So in this chart looking at August Numbers,we see that number of new homes in inventory is going
down compared to last year and that the inventory of exising homes is a little less than last month and about 10%less than last year. If we look at the number of days ittakes to sell a house on Average, we see that in Augustthis was 110 days, which is just a bit better than last montbut a little longer than it took last year. When we look ataverage sales prices, we again see a bit higher than lastmonth, yet a bit lower than last year.
Keep in mind that the numbers below are an overall photoof all areas of the Kansas City Metro and all price ranges,which can be a good snap shot. But if say for example yoare primarily concerned with first time home buyer housesbetween $100,000 and $200,000 in suburban Kansas CityMetro, you might want to look at raw data and factor outhigh end homes and the 100s of urban core, bank ownedproperties that are selling for almost nothing and affectingthe overall numbers.
If you watch data like this over time you will be able to seehow rising and shrinking inventory will affect price and howquickly homes will sell.
Once you have mastered the basics of tracking your mar-ket specific to your investing needs you might want to add
in other trends such as:
Employment or Unemployment Numbers more peoplooking for jobs will create less of a demand, while anew business opening with 100s of new jobs couldcreate a demand in an area.
Rental Demand and Rental Rates: If there is a shortage of rental units, rental rates might be rising, while there are too many rentals, you might see rental ratesgo down and move in incentives go up.
Aging of the population, is very important to the investor because if your main population is older, you mighwant to focus on properties for older tenants or buyerYet if you are in say a college town where you have a
Market DataInvesting Research
Aug Invent.
Mo/Mo
Change
Yr / Yr
Change DOM
Mo/Mo
Change
Yr/Yr
Change Price
Mo/Mo
Change
Yr / Yr
Change
New 1312 0.46% -22.10% 307839 -0.51% 3.73%
Resale 15165 -3.46% -10.74% 146381 0.52% -3.71%
Total 16477 -3.14% -11.65% 110 -0.91% 10.0% 157372 0.32% -3.94%
Inventory Change Days on Market Average Sales Price
Page 16 MAREInet.com
8/3/2019 Newsletter - October Newsletter
17/29
unusually younger population, you may want to focus on housing forcollege students or families with small children.
One chart to pay particular attention to is one that looks at numbers ofhomes sold by month over a several year period so you can note when
sales drop off and sales values go down. For example here in the KansasCity metro, if you look at such a chart you will see values and sales dropoff from December to February. So as a person in the real estate busi-ness you would need to plan for less sales and income during thosemonths.
Some other great resources for real estate market trends:
www.KCRAR.com
www.RealTrends.com
www.Realtor.org
Property Management
Section 8 Housing
KC Metro Wide
Jeff Woods
Broker
ww.MyPremierLeasing.com
816-849500
www.AccurateTitleCo.com913-338-0100 phone
Title Services Provided for:
FSBO, Wholesale, & REO Transactions New Construction Closings Commercial Purchases and Refinance All Types of Loan Closings 1031 Exchanges FHA, VA, USDA, Conventional Loans,
and Hard Money Loan Closings Refinance & Reverse Mortgages Doc Prep, Prelim HUDS, Curing Issues Short Sale Closing & Assistance 100 Years of Combined Service!
accurate
Accurate Closings:Smooth, Timely, Professional.
Are you building a
Kansas City Area
Real Estate Portfolio?
Start with MAREI
1. Build your Team
2. Find Your Property
3. Manage your Investment
www.MAREInet.com
Investment News Page 1
When investing in the Kansas City Metrowhether you live here or are out of state, startyour investing with Mid-America Association ofReal Estate Investors: Our members are fromall areas of the real estate industry and areready to help you plan your Real Estate Portfo-lio, find the perfect property, do all the neces-sary repairs, and manage those purchases formaximum performance overtime. Before you invest yourtime and money, start withMAREI and connect with ourmembers!
http://www.accuratetitleco.com/http://www.accuratetitleco.com/8/3/2019 Newsletter - October Newsletter
18/29
Page 18 MAREInet.com
2011 National REIA Honors of Merit Winne
BUILDON SUCCESSWITH
MAREI
JOIN NOW! Education, Training & Support Networking for team & skill building Discounts from local & national vendors
Government & Community Involvement
Kansas Citys Premier Resource for Successful Real Estate Investing
Call
913-815-0111or visit
www.MAREInet.com
Stay capitalized. One of the mostserious problems small landlordsface is lack of cash, as being alandlord involves unexpected ex-penses. These range from tenantssuddenly ceasing to pay their rent,to unexpected repairs, to lawsuits,
but the only predictable aspect tothese unexpected expenses is thatthey will happen, and with somefrequency. Set aside a heftyamount of cash specifically forrental expenses, and resist thetemptation to use it for anythingelse.
Understand the eviction process.Although many of us dont wish tothink about worse case scenarios,it is important to become familiar
with the eviction process and beready to start the process immedi-ately when a tenant violates thelease. While the specific docu-
(Continued from page 20) ments required are different ineach state, all states involve thesame general eviction process.The landlord or property managermust serve the defaulting tenantwith a particular notice, wait aspecified period of time, file incourt, attend a court hearing,schedule a date for the actual evic-
tion, and so on, and landlords arewell advised to understand thisprocess before actually having togo through it, because it is ex-tremely expensive and takes farlonger than most landlords antici-pate.
Understand the Fair Housing Actand how it applies to your rental.When advertising for a new tenant,it is critical that landlords and prop-erty managers understand and
comply with the Fair Housing Act.The Fair Housing Act prohibitslandlords from using any of thefollowing criteria when evaluating
potential tenants: race, color, na-tional heritage, religion, gender,disability, and familial status. Whithat may sound simple on the surface, consider that stating in arental listing "perfect for a singleprofessional" is a violation of theAct (bias against familial status).Advertising only in your church's
newsletter discriminates by relig-ion. What landlords can andshould use to evaluate potentialtenants is financial data, credit histories, and other background data
Author Brian Davis is a seasonedlandlord and marketing profes-sional. As Vice President of onlincompanyEZLandlordForms, BriaDavis works to empower landlordand property managers across thUnited States with valuable infor-
mation and documents to supporttheir work.
http://mareinet.com/membership-benefits/forms-ez-landlord-forms/http://mareinet.com/membership-benefits/forms-ez-landlord-forms/http://mareinet.com/membership-benefits/forms-ez-landlord-forms/8/3/2019 Newsletter - October Newsletter
19/29
Investment News Page 1
TE-TEE LIGHT
ELECTRICAL SERVICES
Keeping you In-Powered withSuperior Electrical Service!
FREE Estimates FREE Consultations on Non-Emergency
24-hour Same Day Emergency Service
Licensed, Insured, Bonded
Serving Kansas & Missouri
George Z. Bai, Sr. - Owner
Office (816) 356-1870
Cell (816) 210-4710
For Investors By Investors
In this market, you want an agent on your
side that has the knowledge, the ability,
the EXPERIENCE,
and the resources to help you!
Realty Resource
115 E Gregory, KCMO
816-523-4400
www.RealtyResourceKC.com
Flexible rehab options
and purchase financing
for qualified investors!
Ann WilkinsonVice President
Mortgage Loan Production12501 Antioch Rd
Overland Park, KS 66213Ph: (913) 402-1500
Fax: (913) 402-0673
Asset Protection
Insurance Agency
www.REOIns.com
877-752-2742
Real Estate Owned / Forced Placement
For Investors & Finance Institutions
http://www.realtyresourcekc.com/http://www.realtyresourcekc.com/8/3/2019 Newsletter - October Newsletter
20/29
Page 20 MAREInet.com
Building a strong relationship with a new tenant andprotecting your real estate investment is of para-mount importance when crafting a lease agreement.There are a multitude of considerations at this junc-ture that are essential to understand. As a seasonedlandlord and top expert on landlord-tenant relation-ships here are my top tips for new landlords as ahelpful tool for navigating lease creation and the on-going considerations of managing a rental property.
How to Build a Strong Lease & Relationship with YourTenant
Build an airtight lease agreement by knowing thelaws that apply in your state through a state-specificlease. Each state has slightly different laws that im-pact a landlord-tenant relationship. Accordingly, usea state-specific lease instead of a general lease tobest protect your real estate investment. For exam-ple, California requires all lease agreements to in-clude clauses mandated by Megan's Law, and everystate has different limits on security deposits, late
fees, etc.
While not an exhaustive list, other elements a leaseagreement should clearly define include: Who is re-sponsible for paying the utilities, which appliancesare included and who is responsible for maintainingthem, whether the lease auto-renews and for whatterm, details surrounding fees and deposits, andwhether is there an option to purchase - and if sowhat are the terms?
Know your tenant by thoroughly screening each pro-spective renter to avoid problems down the road.
This can be accomplished by a few simple steps.First, conduct a professional credit check to learn anapplicants credit history and if they have been fis-cally responsible in the past. Bad credit can serve asa red flag and you may wish to avoid such tenants.
Next, ask for references from past landlords. How-ever, be on notice that while references from priorlandlords are worth a quick phone call, they aren'tparticularly telling, because tenants can give fakenames and numbers, and even if they don't, the old
landlord may well be painting a rosy picture of thetenant in order to get rid of them.
What a landlord should verify are the rental appli-cants' credit, employment/income (and historicalstability), criminal background, and eviction his-tory. When landlords run these checks, not onlycan they determine the best rental applicant, butthe landlord can defend against any discriminatio
lawsuits by producing hard data used to chooseone rental applicant over another.
Devise a Moving In and Moving Out procedureand be sure it is clearly defined. One helpful tool a comprehensive walk-through checklist. Thisdocument will be used for the landlord/manager twalk through the rental unit with the tenant anddocument the condition of the unit upon move-inand move-out.
Offer performance incentives: While most leaseagreements include a late fee, landlords can fur-ther incentivize timely rent by offering a reward foearly rent payment, renewing for a longer termperiod, and/or any other behavior you want to en-courage. Rewards can range from the simple,such as rent discounts, to the complex, such aspoint systems where tenants earn points and ex-change them for rebates, gift cards, updates to thrental unit, etc.
Establish a relationship with at least two goodcontractors. Landlords and property managersneed at the very least a licensed contractor whocan handle large jobs, and an inexpensive handy
man who can affordably fix minor issues. Don'twait until your tenants' heating system stops working in January, or the roof collapses, as the timelost in trying to find a contractor by that time willcost real money. Instead form these relationshipsbefore you actually need them, and then you willsimply be able to make a phone call and have theproblem resolved immediately.
(Continued on page 1
Top TipsFor New Landlords
8/3/2019 Newsletter - October Newsletter
21/29
Investment News Page 2
More Profits
More Information . . .
More Confidence
Tenant Screening
Pre Employment Screening
Contractor Screening
Collection Services
www.AAAScreening.com
816-436-0085
Discounts for MAREI Members
Do the math.Your vacancy is costing you every day.Fill your vacancy faster and save moneywith Rentals.com!
Discounts for MAREI Members:
Receive 20% off all Regular
Priced Advertising. Log into
Members Area, click on Member
Discounts and look for MAREIsDiscount code!
Presentation is Everything!
Canyon-Stone.com
550 E. 56 Highway, Suite B
Olathe, KS, 66061
Phone: (913) 254-9300
Fax: (913) 254-9301
Property Management
Rental Services
Kansas City Metro
www.JamiesonHomeTeam.com
Kevin Jamieson
816-503-4671
https://www.aaascreeningapp.com/aaascreen2/MAREI-n/secure_index.htmlhttps://www.aaascreeningapp.com/aaascreen2/MAREI-n/secure_index.html8/3/2019 Newsletter - October Newsletter
22/29
Page 22 MAREInet.com
C
ALEND
AR
Details,
Times,
Locatio
ns,
Cost&Registrationatwww.M
AREInet.com
Oct 1st Networking Independence / Blue Springs: Panera Bread
40 Hwy & 291 4pm to 6pm: Debra Felderho
Oct 2nd Networking Lees Summit: Panera Bread on Chipman
Road in Lees Summit: Debra Felderhoff
Oct 5th Networking Weekly Wednesdays: 103rd & State Line 9
am to 11 am : Michelle Winberry
Oct 6th Training CESKC.com Creating Welath - 6pm-9pm,1
Credit PHP, 3 Hrs Realtor Contin. Ed
Oct 8th Networking Independence / Blue Springs: Panera Bread
40 Hwy & 291 4pm to 6pm: Debra Felderho
Oct 9th Networking Lees Summit: Panera Bread on Chipman
Road in Lees Summit: Debra Felderhoff
Oct 10th Deadline Deadline to Reserve a Vendor Table for
Tuesday Meeting by Noon
Oct 11th Monthly
Meeting
Monthly Meeting: Career Education Systems
South East side of Ward Parkway 6pm-9pm
Oct 12th Networking Weekly Wednesdays: 103rd & State Line 9
am to 11 am : Michelle Winberry
Oct 12th Networking Commercial Sub Group: 103rd 7 State Line
5:30 to 7:30 : Larry Prato / Spencer Cullor
Oct 15th Networking Independence / Blue Springs: Panera Bread
40 Hwy & 291 4pm to 6pm: Debra Felderho
Oct 16th Networking Lees Summit: Panera Bread on Chipman
Road in Lees Summit: Debra Felderhoff
Oct 19th Education Crime Free: Fair Housing Seminar & Prem-
ise Liability Seminar www.KCCrimeFree.com
Oct 19th Networking Weekly Wednesdays: 103rd & State Line 9
am to 11 am : Michelle Winberry
Oct 19th Deadline Last Day for Early Bird Pricing for the BuyLow, Rent Smart, Sell High Seminar
Oct 22nd Education Buy Low, Rent Smart, Sell High SeminarA
Day Training Workshop with Andy Heller
Oct 22nd Networking Independence / Blue Springs: Panera Bread
40 Hwy & 291 4pm to 6pm: Debra Felderho
8/3/2019 Newsletter - October Newsletter
23/29
Investment News Page 2
Larry Prato
Commercial Subgroup
Spencer Cullor
Commercial Subgroup
Oct 23rd Networking Lees Summit: Panera Bread on Chipman
Road in Lees Summit: Debra Felderhoff
Oct 24th Training CESKC.com 1031 Exchanges - 1pm4pm 1
PHP, 3 Hours Realtor C E
Oct 25th Training CESKC.com Commercial Leasing - 9am-
12pm1 Credit PHP, 3 Hrs Realtor Contin. Ed
Oct 25th Training CESKC.com Commercial Lawsuits - 1pm-
4pm 1 Credit PHP, 3 Hrs Realtor Contin. Ed
Oct 26th Networking Weekly Wednesdays: 103rd & State Line 9
am to 11 am : Michelle Winberry
Oct 26th Networking Weekly Wednesdays: 103rd & State Line 9
am to 11 am : Michelle Winberry
Oct 27th Training CESKC.com Credit Scores - 6pm-9pm 1
PHP, 3 Hours Realtor C E
Oct 29th Networking Independence / Blue Springs: Panera Bread
40 Hwy & 291 4pm to 6pm: Debra Felderhoff
Oct 30th Networking Lees Summit: Panera Bread on Chipman
Road in Lees Summit: Debra Felderhoff
Ne
twork
ing&
Educ
ation
Details,Times,Locations,Cost&Registration
atwww.MAREInet.com
Michelle Winberry
Weekly Wednesdays
Many thanks to our Volunteers
who sponsor a Networking. If
you need more networking and
interaction, please check out
the Networking Group on the
Calendar. First Networking
event is free and does not re-quire membership. After that if
you want to continue as a part
of the subgroup, we request
that you become a member of
MAREI to gain more knowledge
and access all the tools and
benefits of membership
THANKYOU!
Debra Felderhoff
BS, LS, Indep Subgroup
8/3/2019 Newsletter - October Newsletter
24/29
Page 24 MAREInet.com
To register for an event, first you need to log in using the instructions from page 4 of this guide, which as page 4 says,
lands you on the calendar of events.
Find the event you want to register for and click on it, in
this example, click on MAREI Monthly Meeting on the
14th. This lands you on the event page with the Mem-
ber Registration Button at the top.
Click on the member registration button.
And you end up with the registration op-
tions. Pick the one you want, which as a
member in this case would be the FREE
option using the drop down button, and click continue.
Continue clicking the Continue Buttons until you hit the
final screen below
Events
Register for
8/3/2019 Newsletter - October Newsletter
25/29
Investment News Page 2
Offered As Address City Price Bed/Bath Contact Phone
Leased 2 Houses Lake Ozarks $58,000 Danny Hammond 816-985-4950
Turn Key 2 Houses South KCMo $76,00 varies Christoph Becker 816-419-1165
Fixer N 47th & Georgia Kansas City KS $18,000 2/1 Paul Redmond 913-626-2967
Fixer 2904 E 35th St Kansas City, MO 5/1.5 Christoph Becker 816-419-1165
Fixer Waldo Kansas City, MO 3/1 Maggie Sheehan
propertyloca-
Rental 4132 Agnes Kansas City, MO $15,000 2/1 Christoph Becker 816-419-1165
Lease Option North of River 4/2 Laura Johnson 732-670-4940
Rehab 2327 NE 45th Place Kansas City, MO 3/1 Sue Robertson 816-589-0975
Turn Key 2005 E 58th St Kansas City, MO $23,000 3/1 Adrian Williams 816-616-2475
Fixer 701 E 70th St Kansas City, MO You Name 3/2 Bilal Hazziez 816-686-4805
Rehab 3509 Lexington Kansas City, MO $22,000 5/6 Joseph Grimm 913-489-9566
Turn Key 300 Kensington Kansas City, MO 25000 4/2.5 Joseph Grimm 913-489-9566
Wholesale 2510 Myrtle KCMO $13,500 3/2 Christoph Becker
Wholesale 310 E 81st ST KCMO $48,000 2/1 JD Asbell 913-583-1199
Wholesale 8701 N Troost KCMO $115,000 4/3 JD Asbell 913-583-1199
Wholesale 8413 E 85th Tr Raytown $48,000 4/2 JD Asbell 913-583-1199
Rehabbed 9436 Hakins Lenexa $85,000 2/1 JD Asbell 913-583-1199
Wholesale 5500 College KCMo $17,500 3/1 Christoph Becker 816-419-1165
Wholesale 5241 Olive KCMO $17,500 3/1 Christoph Becker 816-419-1165
Wholesale 5161 Hardesty KCMO $14,500 3/1 Christoph Becker 816-419-1165
Owner Fin Townhome Smithville Not priced 2 / 1.5 Rajeev Verma 913-735-5234
Wholesale 2904 E 35th St KCMO 14,999 5/ 1.5 Joey Kramer 816-510-4259
Renal 7411 Forest KCMO 39900 2/2 Scott Tucker, Realty Resource 913-620-7934
Turn Key 8516 W 69th Tr Overland Park 119,900 3/1.5 Don Tucker owner/ broker 913-208-3017
Fixer No address No city No price 3/2 Kevin Jamieson Reece & Nichols 816-686-2955
Rental 1811 S Cedar Independence No price NA Kevin Jamieson Reece & Nichols 816-686-2955
See more details on each property in the Classifieds at www.MAREInet.com.
http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15222http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15222http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15209http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15209http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15206C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15206C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15200http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15200http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15186C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15186C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15175http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15175http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15167http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15167http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15166C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15166C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15157http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15157http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15155http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15155http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15152http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15152http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15147http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15147http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15144http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15144http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15133http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15133http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15132http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15132http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15131http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15131http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15130http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15130http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15121http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15121http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15120http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15120http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15119http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15119http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15116http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15116http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15112http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15112http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15105http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15105http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15104http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15104http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15095http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15095http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15093http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15093http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15093http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15095http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15104http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15105http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15112http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15116http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15119http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15120http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15121http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15130http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15131http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15132http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15133http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15144http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15147http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15152http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15155http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15157http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15166C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15167http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15175http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15186C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15200http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15206C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15209http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=152228/3/2019 Newsletter - October Newsletter
26/29
Page 26 MAREInet.com
Welcome
Dean Bammer
Brandon Jackson
Amanda Palomba
Julie Schoemeht
Lisa & Mark Stang
Ray Stuck
Chris Zembrenski
Noelle Bear: Bonner Springs, KS
Carol Cutler: Kansas City, MO
Gregory Dorrel: Overland Park, KS
Jason & Angela George: Oak Grove, MO
Joseph Grimm: Bonner Springs, KS
Bill Loftus: Kansas City, MO
Rod & Karen Messier: Independence, MO
Lauren Norwood: Grandview MO Paula Swenson: Overland Park, KS
Eric Wayne: Pleasant Hill, MO
We would like to welcome the New Members andGuests from the past month and to thank our Newand Returning Members for being a vital part of thisassociation!
New Members Guests
Glenn Davis: Lexington, SC
Johanna Koppen: Kansas City, MO
Mara Meade: Lees Summit, MO
Ariel Moore: Overland Park, KS
Marcus Painter: N Kansas City, MO
Ben Rao: Lees Summit, MO
Mike Reid: Shawnee, KS
Scott Shore: Independence, MO
Tim Stauffer: Kansas City, MO
Luke Weber: Olathe, KS
Roy Worley: Kansas City, MO
Returning Members
New Business
Premier Leasing: Lees Summit, MO
8/3/2019 Newsletter - October Newsletter
27/29
Investment News Page 2
On Demand Training
30 Minute Segments
Top Investor Trainers
From the Comfort of
Your own Internet Connection
$39.00 Training Courses
REO & Lease Option
Creative Financing
Automated Investments
Auctions & Foreclosures
Short Sales
Government Grant Money
www.MAREIU.com
Wireless Security Systems
Keypad, 3 doors, 1 motion,1 primary & 1 door siren
One time Charge of $99 plus tax
Includes installationRequires 36 month contract.
Monthly Monitoring Fee $39.99
Sell housetransfer to new owner
or move to new house
DevconSecurity.com
Marian Collins: 913-907-4942
Gary Hartman: 913-991-1612
Recommended by Fortune Magazine!
On Saturday October 22nd, real estate expert Andy Heller will show you why
TODAYS real estate market is the best time EVER for investors, and this win-
dow of opportunity will be open only so long. Learn how to use Andys Fortune
Magazine recommended strategy. Andy will show you how to buy bank-owned
properties directly from banks and REO Agents for pennies on the dollar BE-
FORE the properties hit MLS, and how to cash in on todays strengthening
rental market with his Rent Smart lease/option program. The workshop will
include:
Why todays COOLING market is a
RED HOT opportunity for investor
Buying Low: Learn about the un-tapped fortunes with bank-owned realestate
What types of properties can you buyfrom banks
How to buy REOs BEFORE they arelisted on MLS
How the typical lease options mini-
mize, not maximize, an investors profit
How to make a fortune in real estateAND help your tenants at the same time
How to sell for top dollar WITHOUTpaying real estate commission
Achieve your REGULAR RICHES: Realestate fortunes for regular people . . . .without the hassles.
Free Copy for al
who register
Earlysee calen
dar on
MAREInet.com
https://nationalreia.infusionsoft.com/go/NREIAU/NREIAU43/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/devcon-security/https://nationalreia.infusionsoft.com/go/NREIAU/NREIAU43/8/3/2019 Newsletter - October Newsletter
28/29
INVESTOR
MEMBERSHIP
BUSINESS
MEMBERSHIP
informed MAREI
Professionals
targeted group
OfClients
From Motivation to How To Optimization of Your
MAREI members are above the
crowd. They enjoy a informative
newsletter, blog, and social me-
dia experience. They connect,
ask questions, and share oppor-
tunities through the MembersMessage Board. And they save
$100 using the many member
discounts.
MAREI sets the standard for real
estate investor networking and
education, drawing the type of
client you want to do business
with. Our meetings and online
presence gathers targets thequalified leads your business
needs. But there is only one way
to get in front of them . . become
a Business Member today!
$99.00 / year
Additional Member $50
$499.00 / year
Includes Advertising
See the Membership Benefits tab under Membership
on our web site at www.MAREInet.com for more
info and look for our orientation webinar on the
calendar of events.
See the Business Benefits tab under Membership on
our website at www.MAREInet.com for more info or
call the office at 913-815-0111 .
8/3/2019 Newsletter - October Newsletter
29/29
Mid-America Crime Free Inc.
Proudly Presents!
Date: 10/19/2011
Time: 7AM to 5PM
FAIR HOUSING & PREMISE
LIABILITY SEMINAR
Seminar Schedule
08:00-09:30 Registration / Buffet Breakfast
(Fresh Fruit, Pastries, Eggs, Biscuits & Gravy)
09:30-11:45 Fair Housing w/ Robert J Wise
11:55-12:30 Foreclosure Issues w/ Wise & Anderson
12:30-1:30 Buffet Lunch
(Beef Brisket & Blackened Chicken)
01:30-02:30 Premise Liability w/ Julie Anderson
02:30-02:45 Afternoon Break (refreshments)
02:45-03:15 Bed Bugs w/ Det. Todd Butler
03:15-03:25 Break (refreshments)
03:25-05:00 Physical Security / Lighting Issues w/
P.O. Mike Betton
05:00 Seminar Concludes
This is YOUR chance to learn and discuss all the aspects of FAIR HOUSING in anOPEN FORUM with landlord/eviction ATTORNEYS Robert J. Wise and Juli Anderson.
Also DISUCSS the ever changing ideas that surround PREMISE LIABILITY with AT-
TORNEY Julie Anderson. We also will have a presentation on the BED BUG infesta-
tion with Detective Todd Butler and then wrap it all up with updated information on
PHYSICAL SECURITY with P.O. Mike Betten. All of this great information, breakfast
and lunch for one GREAT PRICE of $99.00. Dont miss out on this great SINGLE
DAY SEMINAR.
Location:
Holiday Inn Kansas City
CoCo Key Water Resort
9103 East 39th Street
Mid-America Crime Free Inc.
Metro Patrol Division
7601 Prospect Ave
Kansas City, Mo 64130
To Register Go Online to
www.kcCrimeFree.com
If you have any questions please contact
P O Aaron McKie at 816 581 0723 or aaron mckie@kcpd org
Top Related