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  • 8/4/2019 Newsletter - September Newsletter

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    Investment News

    MI D- AME R I CA ASSOCI ATI ON OF R E AL E STATE I N VE STOR S

    September 2011NETWORKING : EDUCATION : COMMUNITY

    The New Land Rush

    See Page 8

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    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.

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    Investment News Page

    MAREIStaff

    Kim Tucker 816-523-4400

    Director

    [email protected]

    Don Tucker 816-523-4400

    President

    [email protected]

    Steve Burns

    Audio Visual

    [email protected]

    John Welchert

    Meeting Ambassador

    816-268-3849

    Dan Goodwin 913-642-5218

    Meeting Ambassador

    [email protected]

    Shelda Goodwin

    Meeting Ambassador

    [email protected]

    Scott Tucker

    Meeting Ambassador

    [email protected]

    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.

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    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

    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

    Page 4 MAREInet.com

    BUSINESS MEMBERSADDRESSING THE NEEDS OF

    THE REAL ESTATE INVESTOR

    marei

    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 acomplete list of suppliers and any discounts they may of-

    fer to MAREI members by visiting, www.MAREInet.com.

    Look in under the Benefits tab under Service Directory.

    http://mareinet.com/associates

    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/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/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/
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    Investment News Page

    More Stories on the Blog Facebook / LinkedIn

    Is Real Estate in a Slump

    Be Prepared for Appraisal Delays

    $5000 Grants for First Time Military

    Buyers.

    From Appraisal News: too many inter-

    esting economic facts to listclick to

    read all of them!

    Home PricesRise for 4th

    Straight Month

    Unemployment Dropsin 7 of 10

    US Metros

    Several Deal Postson Linked In

    New Facebook Group:post yourdeals here

    In This Issue

    MAREI Business Members

    MAREI Meeting Staff

    Notes from Director

    The New Land RushFarmland

    Being Rich more than Money 1

    Investors Wanted: Ideas for Govt REOS 1

    Marketing Plan: 10 Steps 1

    MAREI Market Data Report 1

    Home Depot Checks 1

    Calendar 2

    Updating your Specialty in your Profile 2

    Classifieds 2

    Welcome New Members 2

    ContentsMAREI NewsNext Month

    Mortgage Fraud with

    Julia Jensen, FBI

    http://mareinet.com/2011/09/02/is-all-real-estate-in-a-slump/http://mareinet.com/2011/09/02/is-all-real-estate-in-a-slump/http://mareinet.com/2011/08/17/be-prepared-for-appraisal-delays/http://mareinet.com/2011/08/17/be-prepared-for-appraisal-delays/http://mareinet.com/2011/09/02/grants-for-military-buyers/C:/Users/Kim/Documents/Affilateshttp://mareinet.com/2011/09/02/grants-for-military-buyers/C:/Users/Kim/Documents/Affilateshttp://mareinet.com/2011/09/02/appraisal-news-newsletter/http://mareinet.com/2011/09/02/appraisal-news-newsletter/http://www.linkedin.com/groups/DAILY-REAL-ESTATE-NEWS-1892204.S.68973114?view=&gid=1892204&type=member&item=68973114&trk=NUS_DISC_Q-ttlehttp://www.linkedin.com/groups/DAILY-REAL-ESTATE-NEWS-1892204.S.68973114?view=&gid=1892204&type=member&item=68973114&trk=NUS_DISC_Q-ttlehttp://www.linkedin.com/groups/DAILY-REAL-ESTATE-NEWS-1892204.S.68972901?view=&gid=1892204&type=member&item=68972901&trk=NUS_DISC_Q-ttlehttp://www.linkedin.com/groups/DAILY-REAL-ESTATE-NEWS-1892204.S.68972901?view=&gid=1892204&type=member&item=68972901&trk=NUS_DISC_Q-ttlehttp://www.linkedin.com/groups/Kansas-City-Real-Estate-Investors-1892204?trk=myg_ugrp_ovrhttp://www.linkedin.com/groups/Kansas-City-Real-Estate-Investors-1892204?trk=myg_ugrp_ovrhttps://www.facebook.com/groups/MAREI/https://www.facebook.com/groups/MAREI/https://www.facebook.com/groups/MAREI/http://www.linkedin.com/groups/Kansas-City-Real-Estate-Investors-1892204?trk=myg_ugrp_ovrhttp://www.linkedin.com/groups/DAILY-REAL-ESTATE-NEWS-1892204.S.68972901?view=&gid=1892204&type=member&item=68972901&trk=NUS_DISC_Q-ttlehttp://www.linkedin.com/groups/DAILY-REAL-ESTATE-NEWS-1892204.S.68973114?view=&gid=1892204&type=member&item=68973114&trk=NUS_DISC_Q-ttlehttp://mareinet.com/2011/09/02/appraisal-news-newsletter/http://mareinet.com/2011/09/02/grants-for-military-buyers/C:/Users/Kim/Documents/Affilateshttp://mareinet.com/2011/08/17/be-prepared-for-appraisal-delays/http://mareinet.com/2011/09/02/is-all-real-estate-in-a-slump/
  • 8/4/2019 Newsletter - September Newsletter

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    ship. We are also seeing a huge increase in th

    number of houses our members are offering fo

    sale on the Classifieds. And the really tellin

    factor to the Economy, at least in Kansas City,

    that the Kansas City Star seems to be gettin

    bigger. Every week the sections seem to have

    few more ads and maybe another page extr

    here and there. Now I know the paper will nev

    be the size it was because the internet ha

    changed the way newspapers work, but it growing and I think it is a sure sign that thing

    are getting better, bit by b

    We have added a new feature to help you mak

    your own decisions on how things are doing l

    cally and across the country: the MAREI Mark

    Report. You can see some out takes of the fu

    report on page 16 and members can log in

    the website and access the full report for Ju

    2011. I hope you will find this a helpful tool

    your business. It is a evolving tool as we alooking for data providers for some informatio

    if you track real estate and or economic num

    bers and would be willing to provide a chart

    two, please let me know

    Kim Tuck

    Director of MARE

    Wow, what a year of ups and downs. The econ-

    omy is up one day and down the next. Housing

    sales are up and then they are down. Employ-

    ment is rising, but its not. I think rather than in a

    up and down cycle that everything seems to be

    going around in circles.

    But I have noted that when the media was hinting

    at the housing bubble and the recession was start-

    ing we noted that membership started decreasing

    at MAREI. We also noted that we had fewer ad-vertisers and business members. I also noted that

    the Kansas City Star Newspaper seemed to be

    getting thinner and thinner, the Real Estate Sec-

    tion shrinking with fewer ads.

    Now over the past 6 months we

    have had a large influx of both

    brand new members and mem-

    bers renewing their memberships

    that we have not seen for a few

    years. I would love to welcome

    all of you into the new and im-

    proved MAREI, we have figured

    out how to provide you more with

    the same low membership fees.

    In the past month or so we have started adding

    brand new Business Members. These are grow-

    ing small businesses that are starting to expand

    and want to earn your business here in Kansas

    City, so be sure to welcome them to our member-

    Directors Notes

    Page 6 MAREInet.com

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    Investment News Page

    Our Home Depot Guys!

    August Speaker:

    Michael Charest

    Working on our Big Rocks &

    Weekly Planner

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    Page 8 MAREInet.com

    the New Land Rush

    FARMLANDYou may have seen the article about us that appeared in

    this mornings KC Star. It got me to thinking that a lot of

    buyers may not recognize that rural property, particularly

    land has actually turned out to be a good investment as

    we work our way through what has now become a multi

    year slump. I found this article from INVEST magazine

    that I thought I share with our readers.

    At precisely twelve noon on September 16, 1893 a can-

    nons boom unleashed the largest land rush America ever

    saw. Carried by all sorts of transportation - horses, wag-

    ons, trains, bicycles or on foot - an estimated 100,000

    raced to claim plots of land in an area of land in northern

    Oklahoma Territory. There had been a number of previous

    land rushes in the Territory - but this was the big one.

    Many would be disappointed. There were only 42,000 par-

    cels of land available - far too few to satisfy the hopes of

    all those who raced for land that day. Additionally, many of

    the

    Boomers-those who had waited for the cannons

    boom before rushing into the land claim - found that a

    number of the choice plots had already been claimed by

    Sooners who had snuck into the land claim area befor

    the race began. The impact of the land rush was imme

    diate, transforming the land almost overnight.

    Over 100 years later, we are in the midst of a second

    rush for land. When it is over it will go down as the

    greatest land rush in United States history far eclipsing

    the Oklahoma land rush of the 1890s.

    How will it be different? Baby Boomers, investors and

    institutional investment firms are preparing to buy over

    one-half of the useable land in the U.S. in the next ten

    years. Are you aware there is approximately 1.6 billion

    acres (Yes, billionswith a big B!) that can be bought

    and sold? The potential is for millions and millions of

    land deals in the next few years.

    August Monthly Meeting:

    Tuesday September 13th, 2011, 6pm to 9pm

    Career Education Systems, Ward Parkway Shopping Center

    FREE for members, Guests $25 at the door, $15 if you pre-register

    Agenda

    5:30 PremeetingMarketing Tools 7:00 Announcements / Haves & Wants

    6:00 Check in / Vendors / Networking 7:30 Presentation

    Dont miss this event!

    Monthly Meeting

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    Investment News Page

    speaker

    Agenda

    Cropland Investing 101

    How do I know I am buying good

    land?

    How do I find and negotiate with ren

    ers?

    How do I know Im not paying too

    much or not getting enough return on

    rental income?

    Can I be sure my land will not be

    damaged?

    What are the risks in cropland inves

    ing?

    Should I be afraid of a cropland bub

    ble?

    Brad Gaughan, sales agent for Rural KC

    refers to it as Cropland Investing 101.

    Tuesday September 13

    7:30 pm to 9:00

    At Monthly MAREI meeting

    Just like the previous land rush, the

    demand for land it is going to trans-

    form who owns land in our country and

    what they are going to use it for.

    In last months article, I wrote how

    Baby Boomers are buying land in all

    shapes, sizes and types. Lets read

    what the media is saying who else is

    participating in this modern day rush

    for land:

    Wall Street Journal

    Is it still possible to make money in

    real estate? With home prices continu-

    ing to plummet, many people have

    finally stopped seeing their family

    manse as a big bottomless bag of cash.

    But look beyond your front door,

    andyoull find some alternative

    real-estate related opportunities

    that are holding up despite the

    current economic downturn in-

    cluding rural land. Rising food

    prices, demand for corn-based ethanol

    and a growing desire by many urban-

    ites for a place in the country are mak-

    ing rural land more valuable.

    The New York Times

    The real estate market may have

    cooled, but investor demand may

    soon be heating up for at least one

    type of property: LAND. Some of

    the most attractive deals lately have

    come from land developers and home

    builders, who are divesting parcels in

    many parts of the country as they

    whittle down excess housing inventory.

    Even smaller landowners, facing theirown financial strains, are selling off lots

    once meant for building.

    The time is ripe to start looking; I

    havent seen this market in 20 years,

    said Jaime Raskulinecz, a real estate

    investor from NJ, who wants tobuy

    landin the hard-hit market of Cape

    Coral, FL. She found lots for sale on or

    near the water at about a third to half

    below their peak prices of two years

    ago. On a larger scale, H. Ray Alcorn

    Jr., an investor in VA, is picking up

    commercial and residential parcels af-

    ter two years on the sidelines. Mostly

    using cash, he has bought more than

    100 acres throughout Virginia this year,

    much of it at reduced prices, and he

    has options to buy more.

    www.Bloomberg.com

    farmland is having its biggest

    revival in almost 30 yearsas de-

    mand for corn and soybeans from Asia

    and the ethanol industry drive com-

    modity prices to record highs. From

    Iowa to South Dakota to Wyoming,

    gains in rural land prices have ranged

    from 78 percent to more than 200 per-

    cent, according to farmers and data

    from Farm Credit Services of America.

    TIAA-CREF, the largest U.S. manager

    of retirement funds, bought $340 mil-

    lion of farmland in seven states in De-

    cember. George Washington University

    plans to earmark $100 million for agri-

    cultural investments during this year.

    Farm values probably will rise at an

    annual rate of 6 percent to 10 percent

    in the next five years, said Murray

    Wise, the CEO of Westchester Group

    Inc., manager of $550 million of global

    farm tracts. In comparison, the median

    U.S. home is forecast to gain 1.2 per-

    cent through 2010 and stay below the

    2006 peak of $221,900, the Mortgage

    Bankers Association in Washingtonsaid.

    Its just crazy out there right

    now,said Mac Boyd, 65, a real estate

    broker in Arcola, IL, who has sold

    farms for more than three dec-

    ades. The land market has never

    been stronger.

    http://www.landflip.com/, the premieland website, recently conducted a po

    asking When are you likely to pur-

    chase land? 73% responded said the

    plan to purchase land in the next 12

    months!

    What is creating such an interest

    in land?

    Retiring Baby BoomersIn my pr

    vious article, I documented that manyBoomers are nearing retirement. Here

    is a snapshot of this group:

    10,000 Boomers will retire every 24

    hours!

    17 trillion dollars are going to flow

    out of retirement accounts over

    (Continued on page 2

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    Being Rich is about more than Money

    Many people think that being rich is about havingenough money to do whatever you want. However,these same people miss an IMPORTANT POINT.Having millions of dollars may make you financiallyrich. However you will have lived a poor life, if youwere a slave to money and did not have adequatetime for family, friends, and the many other enjoyablethings life has to offer. The following stories illustrate

    this point.

    Jacks Story

    Shortly after Jack turned thirty, he married his collegesweetheart. Jack was a sharp and thoughtful guy, aswell as a meticulous planner. Jack saw all the layoffshappening in the corporate world, and wanted to es-tablish a safety net for his upcoming family beyondthe fragile sanctuary of his day job. He was deter-mined to give his two kids a better quality of life thanhe had growing up.

    Jack invested in rental homes. He also bought a

    sandwich shop franchise.Over the years, Jack did make money on his real es-tate investments. However, he also found some veryunpleasant surprises. Tenant turnover was a bigproblem. Repairs and re-renting the properties were

    eating up much of Jacks time with his family. Espe-cially upsetting to Jack was the weekend and evenintime these properties ate up. This was time he woulrather have spent coaching his sons sports team anwatching his daughters theatrical productions.

    The sandwich shop also made money. However,Jack was surprised at how hard it was to find de-pendable employees. Whenever an employee did nshow up, Jack or his wife often had to fill in. Severa

    times Jack had to cancel or postpone the family vacations due to employee issues.

    Yes, in the end, Jacks investments made goodmoney. However, his investments had made a sig-nificant negative impact on his family life, as well ashis ability to spend time with friends and on otherthings he loved to do. There was many a time whenhe wondered whether all the extra money was worththe sacrifices he made.

    Jills Story

    Jill was an average student and never finished col-

    lege. However, Jill had a lot of common sense.When Jill settled down, she decided that her familywould not be dependent on corporate America fortheir long-term well being.

    Jill worked for a few years in advertising, then gotmarried and had three children. Even before marry-ing, Jill began investing in real estate. Jill marketedall of her homes as lease/purchase. She gave thetenant a locked in sales price, and three years to purchase. In exchange, the tenant assumed the repairsand maintenance responsibilities of the home. Thistrade-off worked for both the tenant and Jill. The tenant got a fair deal on the home, and Jill found that shwas able to build up a nice portfolio of homes withouthe typical problems (a lot of time, energy, and headaches) inherent in most rentals. Because of her reaestate success and ease of investing, she saw noneed to consider other businesses (like a sandwichshop).

    Jill made great money from her real estate invest-ments. However, most importantly, Jills investment

    (Continued on page 1

    Being Rich

    More than Money!

    Page 10 MAREInet.com

  • 8/4/2019 Newsletter - September Newsletter

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    never took up a significant portion ofher invaluable and irreplaceabletime with family, friends, and herother interests. Best of all, she feltlike she was living a full and wonder-ful life.

    Regular Riches

    Sadly, we all know plenty of Jacks.People who seem to be a slave to

    the very investments that were in-tended to provide freedom for themand their families. The investors dotheir best job to rationalize with de-fenses, such as I am doing this formy kids or one day this is going topay off. However, they often missout on many of lifes most preciousgifts.quality time with family,friends, and other interests.

    We can speak from experience. Weare regular people like you. We

    have always tried to live good lives,make an honest living, invest on theside, spend quality time with familyand friends, take nice vacations, en-joy hobbies, and more.

    When Scott met Andy in the late1980s, he was managing a portfolioof headaches (pure rental properties)that were eating up a lot of his timeand energy. The money was prettygood, but it wasnt making up for thehassles. Because of this negativeexperience, Scott almost decided togive up on real estate investing.However, both considered that theflaw may be with the system(landlording), not the investmentcategory (real estate).

    Over time we developed a modelsimilar to Jills (lease/purchasing).After a combined more than fortyyears and approximately 100 proper-ties, we can say that we have devel-oped an investment strategy thatminimizes our time, energy, and

    headaches, while it maximizes ourprofits. Weve also developed aneasy to use strategy for efficientlybuying discount properties (morespecifically, post foreclosures, akaREOs).

    Some years, our side real estate in-vestments have made more moneythan our individual successful ca-reers, and this on an average of just

    Five Questions for Choosing Regular Riches

    Buy Low : Rent Smart : Sell High

    Put your investment to the following test, asking these five questions. Ye

    to 4 or 5 indicates an investment opportunity that has the potential to pro

    vide Regular Riches, and worthy of further research and consideration:

    1. Does the potential investment have the ability to get more lucrativ

    and easier over time (greater profits, less time)?

    2. If examined on an hourly basis, will the potential investment pro-

    duce returns of at least 3-4 times higher than the investors hourly

    pay on his/her day job?

    3. Does the investment have the ability to scale back (e.g. ease of

    exit strategy such as slowly sell off properties or a partner that is

    willing to buy out your share in a successful business)?

    4. Does the investment opportunity produce passive income, where

    you could simply do almost nothing for many months and still col-

    lect big profits (regular rent checks, royalties, cash from an ongo-

    ing business)?

    5. Does the investment opportunity have a good chance to be profit-

    able during bad economic cycles?

    Investment News Page 1

    5 6 hours per week. More impor-tantly, during this time we have en-joyed a higher quality of life with ourfamilies due to the financial freedomthat comes with smart investing.

    Dont be a JACK! Life is so short,and it is not enough to end up with ahuge pot of gold. Rather, be a JILL!It is more important to enjoy the jour-ney of life along the way. This iswhat we refer to as REGULARRICHES.

    REGULAR RICHES is about living afull and wonderful life. Becauseeveryone is different, an individuals

    definition of a full and wonderful lifmay vary. However, what will alwaybe the same is having enough TIMEand MONEY (not simply one or theother) for what one truly loves.

    How can one tell if the investment hor she is considering will produceREGULAR RICHES and truly en-hance their lives like Jills invest-ments did? Here are five questionswe suggest you ask yourself beforediving into an investment. Thesequestions will help you assesswhether the investment you are considering has the potential of produc-ing REGULAR RICHES.

    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.

    http://mareinet.com/education/buy-low-rent-smart-with-andy-heller/C:/Users/Kim/Documents/Affilateshttp://mareinet.com/education/buy-low-rent-smart-with-andy-heller/C:/Users/Kim/Documents/Affilateshttp://mareinet.com/education/buy-low-rent-smart-with-andy-heller/C:/Users/Kim/Documents/Affilates
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    Page 12 MAREInet.com

    both current inventories and the expected inflow o

    new properties.

    Together, the three entities hold nearly 250,000

    REO homes. About 70,000 of those are currently

    listed for sale, and another 22,000 have been

    listed and a buyer has made an offer but the dea

    hasnt closed yet, according to an FHFA spokes-person.

    Federal officials believe the most effective tactic t

    take to reduce taxpayer losses and help alleviate

    the markets oversupply of homes is to sell off

    pools of properties to responsible investors

    who will employ an REO-to-rental strategy

    But they say theyre open to any range of

    creative ideas that will reduce the REO in-

    ventories of the GSEs and FHA, and mini-

    mize loss severities at the same time.Per the RFI, strategies might include: joint

    venture proposals that specifically address local

    economic and real estate conditions; analytic ap-

    proaches to determine the appropriate disposition

    strategy for properties, whether sale, rental, or

    demolition; programs for previous homeowners to

    rent properties or for current renters to become

    owners through a lease-to-own option; or plans

    that include asset contributions from other REO

    holders, including banks and private securitizatio

    trusts.

    Officials noted that any recommendations involv-

    ing a rental strategy should also include details o

    the steps the investor will take to ensure the prop

    erties are well maintained and managed.

    The ultimate goal, according to the administration

    is to improve loss recoveries compared to individ

    On Wednesday, the Federal Housing Finance

    Agency(FHFA),HUD,and the Treasury Depart-

    mentissued the call for private investors, industry

    stakeholders, and community organizations to

    share their recommendations on how best to

    manage the disposition of government-owned

    properties.The agencies have issued an official Request for

    Information(RIF) to explore alternatives for fore-

    closed homes held by Fannie Mae,Freddie Mac,

    and the Federal Housing Administration(FHA)

    Investors Wanted

    Ideas for Government REOS

    I want YOUR Ideas on

    what to do with all

    these Government

    Owned Homes!

    http://www.fhfa.gov/http://www.fhfa.gov/http://www.fhfa.gov/http://www.hud.gov/http://www.hud.gov/http://www.treasury.gov/C:/Users/Kim/Documents/Affilateshttp://www.treasury.gov/C:/Users/Kim/Documents/Affilateshttp://www.treasury.gov/C:/Users/Kim/Documents/Affilateshttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fanniemae.com/http://www.fanniemae.com/http://www.freddiemac.com/http://www.freddiemac.com/http://www.fha.gov/http://www.fha.gov/http://www.fha.gov/http://www.freddiemac.com/http://www.fanniemae.com/http://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.treasury.gov/C:/Users/Kim/Documents/Affilateshttp://www.treasury.gov/C:/Users/Kim/Documents/Affilateshttp://www.hud.gov/http://www.hud.gov/http://www.fhfa.gov/http://www.fhfa.gov/
  • 8/4/2019 Newsletter - September Newsletter

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    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

    kcmoHomeBuyer.com

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    Investment News Page 1

    ual retail REO sales, help stabilize

    neighborhoods and local home

    values, and where feasible and

    appropriate, improve the supply ofrental housing.

    The initial scope of the project pro-

    posal is to get around 90,000

    homes off Fannies, Freddies, and

    FHAs books, a HUD spokesper-

    son explained. She noted, though,

    that this is just a preliminary ball-

    park figure, not the full reach of

    what they hope to accomplish.

    The primary objective, shestressed, is to develop innovative

    and effective strategies for manag-

    ing not only the current inventory

    held on government portfolios, but

    the stream of new REOs coming

    down the pipeline.

    Federal officials say they are look-ing for input not only on how to

    enhance market outcomes in the

    process of disposing of REO prop-

    erties, but responses from industry

    participants that have the technical

    and financial capability to engage

    in large-scale transactions with the

    GSEs or FHA.

    Based on responses to the RFI,

    Fannie, Freddie, or FHA may issuerequests for proposals to third par-

    ties to implement the transactions

    or disposition structures sug-

    gested, according to administratio

    officials.

    Taking steps to encourage privat

    investment in REO properties andtransition them into productive us

    will help stabilize neighborhoods

    and home values at a critical time

    for our economy, said HUD Sec-

    retary Shaun Donovan.

    The full RFI, detailing the admini-

    strations objectives and how to

    submit recommendations, can be

    viewed online. Responses are re-

    quested by September 15th.Article Provided by Carrie Bay

    with DSNews.com

    http://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdfhttp://www.fhfa.gov/webfiles/22366/RFIFinal081011.pdf
  • 8/4/2019 Newsletter - September Newsletter

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    Page 14 MAREInet.com

    1. Become a student of your business.

    Study your customer, your competitors, and trends in the

    industry. You need to have a goal in this stage of top ten tips

    to become an expert in your business so you know how your

    customers think. You will find that when you are the expert it

    will be easier to know what your customer wants, how togive it to them and how to share your product with them.

    2. Get some outside advice

    Find a friend or associate who is outside of your business

    and have them place themselves in their customers shoes.

    Work with them to find at least 10 new ways to promote your

    business. You want the input from someone outside of your

    business because, sometimes you are just too close and

    need to get some fresh new outside ideas.

    3. Remember not everything you do is not just to get

    customers

    You will be doing some things to bring in new clients and

    some things to keep current clients. You will also be taking

    steps to build a good reputation and credibility with your

    potential clients, so that when they are in the market for your

    product or service they will remember that YOU are the ex-

    pert in that area.

    4. You dont have to do it yourself

    There are numerous different marketing tactics. Work the

    ones you enjoy, but if there is one you just hate, skip it and

    work on the others.

    Or hire someone to

    do it.

    5. You do have to

    do it

    Most small busi-

    nesses are awe-

    some at offering the

    product or service.

    They may not be so

    good at or excited

    about the marketing of that product or service. Ideally if yo

    ask any small business coach you should be spending

    about 30% of your time marketing your business.

    6. Start with one Marketing Method

    Select one way to market your business that you are com

    fortable with, implement it, systematize it. Then add an-other one, get it working well and on a system. Then add

    another till you have at several marketing methods that ar

    continually generating new business.

    7. Follow Up

    Most small business owners are great at following up on a

    business lead that is going to give them business right no

    For example a client calls a contractor to ask them to do a

    bid for a rehab job. But not many follow up for no apparen

    reason.

    So as an example, all members at our group MAREI have

    access to all the member profiles. Most profiles include

    either a phone number or an email. As a new business at

    MAREI, would you actually take the time to follow up with

    every member to chat, introduce yourself, and find out wh

    each member on the profile list does. Take notes as you

    talk and work on building a relationship.

    Then take it a step further and add them to your own data

    base with a reminder to follow up with them in a few days

    In a few days friend them on Facebook and then on Linke

    In. If they have an immediate problem help them solve it

    either with your product or service or refer them someone

    to help them solve their problems.

    8. Get a Marketing Buddy

    Remember marketing is like meeting that New Years Res

    lutionyou work really hard the first week and then let it

    slack off more and more till you have to get in to summer

    clothes and you have another heavy week of activity, then

    it slacks off again. Instead get a buddy to hold you ac-

    countable so you get off your butt and into that exercise o

    in this case picking up the phone, sending a postcard, or

    going to a networking meeting.

    Marketing PlanTen Steps to Get Started

  • 8/4/2019 Newsletter - September Newsletter

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    housing market.

    Mortgage loans in foreclosure had beendelinquent an average 599 days, LenderProcessing Services reported Aug. 30.The firm said the tally is the highest it hadrecorded.

    Before the housing bubble burst, manybelieved the nations five biggest bankswould control 90 percent of U.S. mort-gages, but some experts now believe midsize lenders will have greater opportunityto enter the market, National MortgageNews reported Aug. 31.

    President Obama has signed theBudget Control Act of 2011 (more commonly known as the Debt Ceiling Bill)into law. After careful analysis of thebill NAR has concluded that it containsno direct impact on real estate tax ruleor spending provisions. No tax laws ofany kind were changed, nor were anyhousing programs cut. But what willhappen now that congress is now bacin session

    Missouri Legislators went back towork in a special session to createnew jobs in Missouri.

    Investment News Page 1

    Program, created as part of theFrank-Dodd Act, was designed to helpup to 30,000 unemployed homeown-ers in 27 states to continue makingtheir mortgage payments, the Journalreported.

    Mortgage applications were down forthe third consecutive week despitefixed rates hitting historically low lev-els, the Mortgage Bankers Associa-tion reported in its weekly MortgageApplications Survey released Sept. 7.

    Where do my MAREI dues go? Forthe support and maintenance of thisnewsletter, the website, negotiationsof discounts with vendors, tracking onmarket data, community events, andharmful government action and mak-ing sure you are updated on all ofthese on a regular basis.

    More than 28,000 underwater borrow-ers refinanced through the Home Af-fordable Refinancing Program in

    June. Thats up 12 percent from Mayand was the first increase since Feb-ruary. Federal Reserve Chairman BenBernanke has urged Congress to bemore active in helping the struggling

    2% Rebate, Get Registered.

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    The Federal Housing Finance Agencyannounced Sept. 2 that it filed suitagainst 17 of the nations largest fi-nancial institutions to recoup billions inlosses from the sale of soured mort-gage-backed securities to Fannie Maeand Freddie Mac.

    Freddie Mac accelerated its efforts tobuy loans backed by apartment build-ings, which will boost the multifamilyreal estate market by giving landlordsgreater access to financing.

    Bank of America and JPMorganChase will not receive second-quarterHome Affordable Modification Pro-gram funds from the U.S. TreasuryDepartment due to ongoing poor per-formance in assisting homeowners inmodifying their mortgages.

    The Obama administration will giveunemployed homeowners until Sept.15 to apply for a new $1 billion fore-closure-prevention program, The Wall

    Street Journal reported Aug. 29. Allborrowers must be approved by Sept.30, which is when the governmentsauthority to make new loans runs out.The Emergency Homeowner Loan

  • 8/4/2019 Newsletter - September Newsletter

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    Page 16 MAREInet.com

    On the National Level from Realtor.org

    Pending home sales declined in July but remain well above year-

    ago levels, according to the National Association of Realtors. All

    regions show monthly declines except for the West, which contin-

    ues to show the highest level of sales contract activity.

    Lawrence Yun, NAR chief economist, said sales activity is under-

    performing. The market can easily move into a healthy expansion

    if mortgage underwriting standards return to normalcy, he said.We also need to be mindful that not all sales contracts are lead-

    ing to closed existing-home sales. Other market frictions need to

    be addressed, such as assuring that proper comparables are used

    in appraisal valuations, and streamlining the short sales process.

    Looking at pending home sales over a longer span, contract ac-

    tivity over the past three months is fairly comparable to the first

    three months of the year, and well above the low seen in April,

    Yun said. The underlying factors for improving sales are devel-

    oping, such as rising rents, record high affordability conditions

    and investors buying real estate as a future inflation hedge. It is

    now a question of lending standards and consumers having the

    necessary confidence to enter the market.

    Commercial Areas from KCRAR.com

    The commercial real estate market is bouncing back with a

    vengeance and exceeding forecasts from analysts. The signs are

    clear: The number of troubled loans are dropping, occupancy is

    soaring, and office building sales are rising in some of the coun-

    trys largest commercial real estate markets.

    Locally from KCRAR.com

    The average sale price of a New Home is 8% lower that a New

    Home a year ago and the prices of existing or resale homes is

    down 2% from the same time as last year. When you look at

    number of home sold this year compared to the same month of

    July last year, we have a 54% Increase, compared to one month

    ago we have a 18% decrease which reflects the normal slow

    down we see in summer months PLUS the tighter lending stan-

    dards and the consumers reluctance to buy given the current

    issues in the economy and a wait and see attitude in regards toour governmentthis is a time period over which our legislator

    in Washington were arguing over the debt ceiling limit increase

    When we look at new home inventory, it is down 16 % from last

    year, but up about 1% over last month. And we currently have

    9.4 months supply of homes listed for salea flat market is rep

    resented by a 5 month supply.

    Click here to Read full our full Market Report

    USNew Homes Sold and For Sale

    US New Home Inventory

    US Homebuilders Confidence

    US Building Permits & Housing Starts KS & MO Building Permits (& KC Metro)

    KS & MO Housing Starts (& KC Metro)

    KC Metro Home Sales & Average Sales Price

    US Existing Home Sales & Pending

    US Months Supply of Homes

    Bankruptcy Numbers Nationally & KS & MO

    Unemployment Numbers US & Local

    Interesting Debt & Budget Numbers

    Commercial Update

    Pay Scale Index

    Median and Average KC Prices

    KC Sales by Price Range & Days Inventory

    KS & MO Stat Chartjust numbers

    KC Average Sale Price by County

    National Foreclosure Rate Heat Map

    KS & MO Foreclosure Activity

    Market DataMAREIs New Market Report

    http://www.memberize.com/clubportal/clubdocs/755/Market%20Report%20-%2008.31.2011.pdfhttp://www.memberize.com/clubportal/clubdocs/755/Market%20Report%20-%2008.31.2011.pdfhttp://www.memberize.com/clubportal/clubdocs/755/Market%20Report%20-%2008.31.2011.pdf
  • 8/4/2019 Newsletter - September Newsletter

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    Investment News Page 1

    MAREI

    InternshipsManagingWebsites

    BookingEvents

    SellingAdvertising

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  • 8/4/2019 Newsletter - September Newsletter

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    Page 18 MAREInet.com

    HOME DEPOT

    REBATE CHECKS ARE OUT

    How much did you get?

    DID YOU GET YOURS?

    Did you sign up?

    More info at:

    www.MAREInet.com/HD

    Reports of: $777.44

    (above), $103.45 (left)

    $25, $103.06, and

    $338.93.

    A quick glance at the spread-

    sheet for the June 2011 Payouts

    shows some interesting facts:

    Smallest Payout was $0.31

    Largest Payout was $17,180

    Average Payout $565.92

    Members of the Kansas City

    REIA Chapters saved

    $63,948.49

    Members of the Kansas City

    REIA Chapters spent

    $3,197,424.35 in the time

    covered for the June payouts

    Combined Membership of all

    the REIA and Landlord group

    that are a part of this payoutis estimated at about 500

    members.

    Only 113 out of the estimate

    500 members participated.

    Our goal for the next 6

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    those numbers above. So if

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    http://www.mareinet.com/HDhttp://www.mareinet.com/HDhttp://www.mareinet.com/HD
  • 8/4/2019 Newsletter - September Newsletter

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    Investment News Page 1

    TE-TEE LIGHT

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    Realty Resource

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    Flexible rehab options

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    Ann WilkinsonVice President

    Mortgage Loan Production12501 Antioch Rd

    Overland Park, KS 66213Ph: (913) 402-1500

    Fax: (913) 402-0673

    [email protected]

    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/
  • 8/4/2019 Newsletter - September Newsletter

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    Page 20 MAREInet.com

    the next two decades into the

    hands of Boomers.

    1 in 4 Boomers own more than one

    piece of real estate.

    1/2 of Boomers own their home

    free and clear.

    60% of Boomers plan to move to a

    rural setting.

    Since 1 in 4 Baby Boomers own more

    than one property, the logical conclu-

    sion is they will allocate a portion of

    their investment portfolio and buy land

    in the near future.

    Baby Boomers are buying land,

    but most unlikely to ever move on

    the property

    Where are Boomers going to relocate

    when they retire? In a poll commis-

    sioned by the National Association of

    Realtors, 60% plan to move to a rural

    area upon retirement. The operative

    word is PLAN. Many are in the process

    of purchasing small and large tracts of

    land all around the country to fulfill

    their future dream. Chances are that

    they will never move on to the prop-

    erty. Nonetheless, everyday there are

    more and more Boomers entering into

    the land arena to buy their dream

    propertyand they are ready to buy

    soon!

    Stock market and the drive toward

    buying land

    As in most economic cycles, there are

    times when the stock market has not

    performed to investors expectations.

    When the stock market is doing well

    there is no reason for investors to look

    elsewhere to secure a modest return

    on investment. But, as we know, thestock market is mired in uncertainty.

    Because of this, some investors look

    for other investment options such as

    hard assets. Both individual and institu-

    tional investors are looking to land as

    one safe haven to relocate part of their

    investment portfolio. This translates

    that billions of dollars will be moved

    into land over the next few years.

    As an example, the demand for hard

    assets appeared in FL in 2004 and2005. In 2003 and 2004 the overall

    stock market results were flat. Inves-

    tors were unsatisfied with the returns

    and began to look for investments out-

    side the stock market. Some turned to

    real estate, (i.e. condos, preconstruc-

    tion projects, rehabs etc.) particularly a

    drive to buy land. At the time, I was

    associated with a real estate office in

    rural Florida that only brokered land.

    By early 2005, the office received con-tact from a new buyer every 15 min-

    utes! They learned investors wanted to

    buy for two reasons: (1) for investment

    and; (2) to build on the property at

    retirement. 80% of the buyers bought

    site unseen and lived far away from

    the property.

    The brokerage (as well as many other

    brokers in Florida) could not keep pace

    with the demand as there were more

    buyers than sellers. So, I and a fewother investors went out to coax land-

    owners to sell their property. In the

    end, this one office brokered 1000s of

    land deals ranging from a .25 acre to

    500 acres.

    The demand for land is reoccurring

    again but this time it is happening na-

    tionwide! Also, there are brokers re-

    porting around the country that they

    have more buyers than sellers. That is

    a great dilemma to have! If the stock

    market continues to be volatile, more

    and more investors are going to look

    land to fulfill a part of their investmen

    needs. Some are buying land like it is

    stock and betting that it will increase value over the next 5 to 10 years and

    beat stock market returns.

    Dont be left behind! Be a part of

    the next great land rush!

    When the dust settled, many walked

    away from the Oklahoma land rush

    disappointed and empty handed. Don

    sit on the sidelines any further waiting

    for the next opportunity. You can say

    to your children that you were part ofTHE greatest land rush in US history!

    There simply isnt a better time to

    profit from land!

    In the next few years there will be mi

    lions and millions of land transactions

    I specialize in finding sellersand yo

    can too. The marketplace needs inves

    tors like me to find affordable land for

    this new generation of buyer.

    Some of you are saying, Can I really

    buy and sell land?Land is by far th

    simplest, easiest form of real es-

    tate on the planet. Dont be intim

    dated because you have never

    done something like this before.

    The marketplace desperately needs

    more investors to step into this once-i

    -a-lifetime opportunity. Wont you join

    me?

    Buy land. Theyve stopped making

    it. - Mark Twain

  • 8/4/2019 Newsletter - September Newsletter

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    Investment News Page 2

    More Profits

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    More Confidence

    Tenant Screening

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    Presentation is Everything!

    Canyon-Stone.com

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    Fax: (913) 254-9301

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    Property Management

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    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.html
  • 8/4/2019 Newsletter - September Newsletter

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    Page 22 MAREInet.com

    C

    ALEND

    AR

    Details,

    Times,

    Locatio

    ns,

    Cost&Registrationatwww.M

    AREInet.com

    Sept 3rd Networking Independence / Blue Springs: Panera Bread

    40 Hwy & 291 4pm to 6pm: Debra Felderho

    Sept 4th Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Sept 7th Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Sept 7th Training CESKC.com Mortgage Fraud - 6pm-9pm,1

    Credit PHP, 3 Hrs Realtor Contin. Ed

    Sept 10th Networking Independence / Blue Springs: Panera Bread

    40 Hwy & 291 4pm to 6pm: Debra Felderho

    Sept 11th Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Sept 12th Deadline Deadline to Reserve a Vendor Table for

    Tuesday Meeting by Noon

    Sept 13th Meeting Monthly Meeting: Career Education Systems

    South East side of Ward Parkway 6pm-9pm

    Sept 13th Training Advanced Property ManagementMid

    America Crime FreeAll Day

    Sept 14th Training CESKC.com Mortgage Fraud - 9am-12pm,1

    Credit PHP, 3 Hrs Realtor Contin. Ed

    Sept 14th Training CESKC.com Appraisal Essentials - 1pm-

    4pm,1 Credit PHP, 3 Hrs Realtor Contin. Ed

    Sept 14th Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Sept 14th Networking Commercial Sub Group: 103rd 7 State Line

    5:30 to 7:30 : Larry Prato / Spencer Cullor

    Sept 15th Training CESKC.com Lawsuits - 1pm-4pm,1 Credit

    PHP, 3 Hrs Realtor Contin. Ed

    Sept 17th Training CESKC.com Credit Scores - 1pm-4pm,1Credit PHP, 3 Hrs Realtor Contin. Ed

    Sept 17th Networking Independence / Blue Springs: Panera Bread

    40 Hwy & 291 4pm to 6pm: Debra Felderho

    Sept 18th Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

  • 8/4/2019 Newsletter - September Newsletter

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    Investment News Page 2

    Larry Prato

    Commercial Subgroup

    Spencer Cullor

    Commercial Subgroup

    Sept 19th Training CESKC.com Lawsuits - 1pm-4pm,1 Credit

    Scores PHP, 3 Hrs Realtor Contin. Ed

    Sept 21 Training CESKC.com Short Sales / Foreclosures -

    9am-1pm 1 PHP, 3 Hours Realtor C E

    Sept 21 Training CESKC.com Creating Wealth - 1pm-4pm,1

    Credit PHP, 3 Hrs Realtor Contin. Ed

    Sept 21 Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Sept 24 Networking Independence / Blue Springs: Panera Bread

    40 Hwy & 291 4pm to 6pm: Debra Felderhoff

    Sept 24 Training CESKC.com Negotiating - 1pm-4pm,1 Credit

    PHP, 3 Hrs Realtor Contin. Ed

    Sept 25 Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Sept 26 Training CESKC.com Short Sales / Foreclosures -

    6pm-9pm 1 PHP, 3 Hours Realtor C E

    Sept 28 Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Sept 28 Networking Commercial Sub Group: 103rd 7 State Line

    5:30 to 7:30 : Larry Prato / Spencer Cullor

    Oct 22nd Workshop Special Saturday workshop, Buy Low, Rent

    Smart with Andy Heller

    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

  • 8/4/2019 Newsletter - September Newsletter

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    Page 24 MAREInet.com

    Members can find each other through the Search Members by Specialty section. So that the

    can find you, be sure to edit this information in your My Info section.

    View / Edit Profile will let you see what your profile will look like to other people

    Edit Photo will allow you to load a photo or other item in a photo format so thatwhen people look at your profile they can see what you look like and know who

    you are when they see you at meetings.

    Search Members by Specialty in this area, we have already talked about, as theplace where you can tell people a bit about what you do.

    My Newsletter Subscriptions we don't utilize much as we dont send newslettersthrough this system, but rather through an outside source.

    My Affiliate Members lets you see the other people who have been added ontoyour membership

    Other Buttons

    Your Info

  • 8/4/2019 Newsletter - September Newsletter

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    Investment News Page 2

    Offered As Address City Price Bed/Bath Contact Phone

    Wholesale 2510 Myrtle KCMO $13,500 3/2 Christoph Becker 816-419-1165

    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

    Short sales 3 houses KCMO $9k each Eric Deeter, Realty Resource 913-579-3354

    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

    Fixer 9900 Countryside Lenexa No price 3 / 1.5 Rick Zeitun 913-461-8560

    Owner Fin No address Raytwon No Price 3 / 2 Michael Bryant 816-226-7299

    Listing 3125 Spruce KCMO $19,750 2/2 Chris Pinkepank, Keller Williams 816-892-3533

    Listing 3813 E 53rd Tr KCMO $22,750 3/1 Chris Pinkepank, Keller Williams 816-892-3533

    Listing 6124 S Benton KCMO $22.750 3/1 Chris Pinkepank, Keller Williams 816-892-3533

    Listing 6931 Jackson KCMO $22,750 2/2 Chris Pinkepank, Keller Williams 816-892-3533

    Listing 4931 Chestnut KCMO $17,750 2/1 Chris Pinkepank, Keller Williams 816-892-3533

    Listing 2402 NE 59th St NA $47,000 NA Chris Pinkepank, Keller Williams 816-892-3533

    Listing 8321 Wabash KCMO $38,400 2/1 Chris Pinkepank, Keller Williams 816-892-3533

    Turn Key 2204 SW Keystone Pl Blue springs $109,900 4/2 Don Tucker owner / broker 913-208-3017

    Seller Finance 2547 Denver KCMO $27,000 3/2 Steve Summers 816-350-7200

    See more details on each property in the Classifieds at www.MAREInet.com.

    http://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=15106http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15106http://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=15088http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15088http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15073http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15073http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15071http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15071http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15070http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15070http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15069http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15069http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15068http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15068http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15067http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15067http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15066http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15066http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15065http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15065http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15064http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15064http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15064http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15065http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15066http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15067http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15068http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15069http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15070http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15071http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15073http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15088http://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=15106http://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=15144
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    Page 26 MAREInet.com

    Welcome

    Caral Burton

    Jim Easton

    Brett Gossen

    Phil Jensen

    Antonio Jones

    Miles Krivena

    Keith Mace

    Doug Neu

    Don Watson

    Greg Billeisen, Kansas City, MO

    Alex Duckworth, Lees Summit, MO

    Karl Dunivent, Liberty, MO

    Jeannie Esteves, Lees Summit, MO

    Kamal Fuleihan, Olathe, KS

    Kerry & Tami Hardinger, Overland Park, KS

    Scott Kilpatrick, DeSoto, KS

    Michael Lanning, Kansas City, MO Ervin Middleton, Las Vegas, NV

    Valerie Minnear, Lees Summit, 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

    Scott Doherty, Leawood, KS

    Jeffrey Forster, Independence, MO

    Norm Kinnaugh, Lawrence, KS

    Steve Kolb, Kansas City, MO

    Joey Kramer, North Kansas City, MO

    Curt & Brenda Linstra, Kansas City, MO

    James Maffuccio, Kansas City, MO

    Candace Vanice, Kansas City, MO

    Kelley Weston, Lees Summit, MO

    Returning MembersNew Business

    Abraxas Property Management

    Meka Cayce, Kansas City, MO

    Lacha Palomino, Kansas City,Mo

    Jamieson Home Team - Reece & Nichols

    Kevin Jamieson, IndependenceMO

    Joe Clark, Independence, MO

  • 8/4/2019 Newsletter - September Newsletter

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    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/
  • 8/4/2019 Newsletter - September Newsletter

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    membershipWhat makes MAREI Different?

    You have a lot of choices in Kansas City for Real Estate and Landlord Groups. There are many rea-

    sons why MAREI is different, unique and better for you than other groups in the area.

    MAREI Others

    Monthly Meetings

    Saturday Training Seminars

    Monthly Webinars and Recorded Events

    Meet Local Vendors

    National Speakers

    Deal Makers Quick Pitch (Haves and Wants)

    Local Market Updates (at Meetings and Oline)

    Heavy Emphasis on Networking

    Very Active in Social Media

    Robust Monthly Newsletter

    Blacklist of Undesirable Speakers

    Rigorous Vetting Process

    Member Focused Mindset

    REIA Leaders Who Invest Full Time

    Robust Member BenefitsManual

    State of the Art Member & Guest Website

    Active in National REIA

    Active in Legislative Effortsto Protect Our Industry

    Packed Member Resource Pages& Online Library

    Non-Stop Sales Pitch

    Group Leader Focused

    Poorly Run, Poorly Organized Meeting

    http://mareinet.com/general-meeting/http://mareinet.com/general-meeting/http://mareinet.com/education/http://mareinet.com/education/http://mareinet.com/marei-tool-box/marei-newsletter/C:/Users/Kim/Documents/Accounting%20Foldershttp://mareinet.com/marei-tool-box/marei-newsletter/C:/Users/Kim/Documents/Accounting%20Foldershttp://mareinet.com/membership/membership-benefits/C:/Users/Kim/Documents/Accounting%20Foldershttp://mareinet.com/membership/membership-benefits/C:/Users/Kim/Documents/Accounting%20Foldershttp://mareinet.com/goverment-affairs/http://mareinet.com/goverment-affairs/http://www.memberize.com/clubportal/MemLogin.cfm?clubID=755http://www.memberize.com/clubportal/MemLogin.cfm?clubID=755http://www.memberize.com/clubportal/MemLogin.cfm?clubID=755http://mareinet.com/goverment-affairs/http://mareinet.com/membership/membership-benefits/C:/Users/Kim/Documents/Accounting%20Foldershttp://mareinet.com/marei-tool-box/marei-newsletter/C:/Users/Kim/Documents/Accounting%20Foldershttp://mareinet.com/education/http://mareinet.com/general-meeting/
  • 8/4/2019 Newsletter - September Newsletter

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    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