january 2015 newsletter

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INVESTMENT NEWS MEETING LOCATION Holiday Inn & Suites Overland Park West 8787 Reeder Road Overland Park, KS Top Floor Sunset Ballroom Real Estate Investor Meeting On January 13th, 2015, at MAREI’s Monthly Meeting, 32 year industry veter- an, Eddie Speed will present “The State of the Industry 2015”. See the supporting data of the Shift in the Industry that points to the Need for Every Real Estate In- vestor to learn the Note Industry in the next five years. Industry Shifts The fact that the smart money, such as Wall Street Hedge Funds, has already noted the changes and taken appropriate actions for huge profits in the future. In order to profit big just like the smart money, investors must first familiarize them- selves with the shift that has taken place in the market. New changes in government regulations have posed new challenges that must be counteracted such as rising prices, lack of inventory, falling profit margins, in- creased competition and increased issues with landlords. Investing in the note industry comes with a range of benefits spanning high national inventory, discount buys of up to 70%, less competition, huge investment returns, no issues with land- lords, exemptions by Dood-Frank, payments from government funds, streams of passive income to payouts in lump sums. Tuesday’s Meeting is FREE for member’s and has a cost of $25 at the door or $15 if you preregister on the calendar of events at MAREI.org. Mid-America Association of Real Estate Investors Newsletter January 2015 Buying or Selling Property? MAREI members post properties on their own free website. Properties flow through to the MAREI website where they are sent out to the Member Data- base and the MAREI Facebook pages. If you are buying, please check our website, if you are selling, please join and market your property

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Newsletter for Mid-America Association of Real Estate Investors featuring Eddie Speed and Note Investing

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Page 1: January 2015 Newsletter

INVESTMENT NEWS

MEETING

LOCATION

Holiday Inn & Suites Overland Park West 8787 Reeder Road Overland Park, KS

Top Floor Sunset Ballroom

Real Estate Investor Meeting

On January 13th, 2015, at MAREI’s Monthly Meeting, 32 year industry veter-

an, Eddie Speed will present “The State of the Industry 2015”. See the supporting

data of the Shift in the Industry that points to the Need for Every Real Estate In-

vestor to learn the Note Industry in the next five years.

Industry Shifts

The fact that the smart money, such as Wall Street Hedge Funds, has already

noted the changes and taken appropriate actions for huge profits in the future. In

order to profit big just like the smart money, investors must first familiarize them-

selves with the shift that has taken place in the market.

New changes in government regulations have posed new challenges that must be

counteracted such as rising prices, lack of inventory, falling profit margins, in-

creased competition and increased issues with landlords. Investing in the note

industry comes with a range of benefits spanning high national inventory, discount

buys of up to 70%, less competition, huge investment returns, no issues with land-

lords, exemptions by Dood-Frank, payments from government funds, streams of

passive income to payouts in lump sums.

Tuesday’s Meeting is FREE for member’s and has a cost of $25 at the door or

$15 if you preregister on the calendar of events at MAREI.org.

Mid-America Association of Real Estate Investors Newsletter January 2015

Buying or Selling Property? MAREI members post properties on their own free website.

Properties flow through to the MAREI website where they are sent out to the Member Data-

base and the MAREI Facebook pages. If you are buying, please check our website, if you

are selling, please join and market your property

Page 2: January 2015 Newsletter

Member

Benefits

Monthly Meetings

Monthly Seminars

Local & National

Events

FREE Website*

Member Library

Member Newsletter

Member Property

Marketing

Local & National

Vendors

Local & National Dis-

counts

Social Media Pages

for Members to

Connect & Market

National Legislative

Watch Keeps You

Informed and

Protects Our Industry

Membership

Annual $99

Internet Only $50

Business $499

Monthly & Quarterly

Payment Plans

MAREI.org

What is a Note ~ Eddie Speed

Most real estate investors have heard of the “Note Business” but many misunder-stand it while others think that it is completely separate from the real estate busi-ness. The fact is, most real estate investors are in the note business, and they just don’t know it. The note business is the financing side of the real estate business.

Note Business in the Simplest Terms

The note business is based upon the purchase, sale and assigning of two docu-ments: the promissory note and the mortgage agreement. These two documents represent a promise to pay and a solution for non-payment.

When someone borrows money to purchase real estate, they have to sign an agreement to promise to pay it back. This agreement also outlines the terms of the payback. This written promise is not enough to get a loan. This promise must be backed by collateral of value, which is typically the real estate itself. The collateral agreement pre-authorizes the foreclosure of the property if the debt is not paid according to the promissory note.

Move from the Paying End to the Receiving End of the Business

So if you have ever borrowed money from a traditional lender, private or hard-money lender, or even a property seller, you have been in the “note business”! Well, you have been on the paying side of the note business. Why not get on the receiving end of the note business!

In the receiving end of the note business, you can receive monthly cash flow with-out the headaches and liabilities of being a landlord, lump sum cash payouts, or even end up with the property at 30 to 40 cents on the dollar!

Acquire Property or Cash Flow for Pennies on the Dollar

Today’s inventory of both performing and non-performing notes is so massive that it doubles the number of foreclosures since 2008. This supply has prices for notes at historical lows but it will not last forever.

Non-Performing

When you buy a non-performing note on a vacant home, you will acquire a Deed in Lieu or foreclose and end up with the property. You are a real estate investor simply acquiring property in a different way.

If you buy a non-performing note on an occupied property, you will either modify the loan to start receiving monthly cash flow, get a Deed in Lieu or foreclose.

Performing

When you purchase a performing note, you acquire long term, real estate backed, monthly cash flow. Today, these assets can be purchased for 60 cents on the dollar. That is an unbelievably good deal. No land lording, no hassles, just auto-matic monthly deposits into your account.

Note = Promissory Note = IOU (I Owe You)

Mortgage = Collateral Agreement = Foreclosure Agreement

Page 3: January 2015 Newsletter

BUSINESS

directory

Service Company Contact Phone Web

Auction Company Cates Auction Staff 816-781-1134 CatesAuction.com

Contractor Building Trades Robert Massey 816-868-1817

Contractor Discover Heating & Air Curt Whitlock 816-500-2970 Discover HVAC.net

Contractor Supply Choice Cabinets Karl Dunivent 816-343-8887 ChoiceCabinet.com

Contractor Supply Home Depot George Neal 816-510-9199 HomeDepot.com

Contractor Supply Odor Universe Mike Riddle 816-718-9136 OdorUniverse.com

Contractor Supply Sherwin Williams Mike Steiner 816-589-8506 SherwinWilliams.com

Hard Money Great Plains Funding George Hersch 913-735-6605 GreatPlainsFunding.com

Hard Money Investor Choice Funding Dave Williams 303-500-7088 InvestorsChoiceFunding.com

Hard Money Kansas City Investor Funding JJ Pawlowski 816-916-4593 KCInvestorFunding.com

Hard Money Longhorn Investments Mike Friedl 913-634-6386 LonghornInvestments.com

Home Buyer kcmoHomeBuyer Don Tucker 816-200-2198 kcmoHomeBuyer.com

Insurance Asset Protection Insurance Lisa Goodner 877-752-2742 APIAProtects.com

Investor 3B Real Estate Investments Bob Hult 913-940-0992 3BREI.com

Mortgage Pulaski Bank Beth Langston 816-234-8660 PulaskiBank.com

Realty Realty Resource Staff 816-523-4400 RealtyResourceKC.com

Realty & Management Arrow Realty Candace Davis 913-956-5003 ArrowRealtyKC.com

Realty & Management Home Rental Services Kandy Meehan 913-469-6633 Home4Rent.com

Realty & Management Jamieson Home Team Kevin Jamieson 913-384-8331 JaimesonHomeTeam.com

Security COPR Cage Geoff Miles 816-398-4045 COPRcage.com

Title & Escrow Accurate Title Jackie & Tina 913-338-0100 AccurateTitleCo.com

Title & Escrow Alpha Title Patsy Archer 913-498-8999 AlphaTitleLLC.net

See full details on all Business Associates at MAREI.org/Business-Directory/

Mid-America Association of Real Estate Investors does not render legal, tax, economic or investment advice. All pro-

grams, properties and services are provided with the understanding that Association is not engaged in rendering legal, tax,

or other professional services. If legal, tax or other expert assistance is required, the services of a competent professional

should be sought. Everyone should complete their own due diligence!

Page 4: January 2015 Newsletter

Contact Us

Learn more about Mid-America Association of Real Estate Investors

Chapter of National REIA

Kansas City Office 8014 State Line Rd, Suite 210 Leawood, KS 66208

(913) 815-0111

[email protected]

Visit us on the web at www.MAREI.org

Why Every Investor should

Learn the Note Business

One Day Workshop

To simply continue to pursue the discount buying and exit strategies we have al-

ways used will severely limit your investment opportunity and profit margins.

These adjustments have created both problems and opportunities that Veteran

Note Investor Eddie Speed will discuss on Saturday January 24th!

Eddie Speed has been selling out similar Saturday training events across the

country, so be sure to register early, there may not be any at the door seats avail-

able. Saturday, January 24th, Holiday Inn at 8787 Reeder Road in Overland Park,

Check in at 8:00 and start at 8:30. We will be serving Lunch .

Want more info, visit our website at MAREI.org .

Member Discounts Home Depot 2% Rebate

Sherwin Williams Discount Card

Office Depot Max Discount Card

Rentals.com 20% Off Reg Price

ISC Tenant Screening

More . . . .

Visit the Business Directory!

New Location We are excited to announce our new meeting location at the Holiday Inn &

Suites at 8787 Reeder Road in Overland Park, KS. Conveniently located just

off 69 & I35 Highways at 87th Street.

Meeting Agenda 6:00 pm: Networking & Vendors

6:00 pm: Announcements & Introductions

7:30 pm: State of the Industry with Eddie Speed

9:30 pm: Late Night Networking at Whiskey Joe’s Bar & Grill