newsletter - september newsletter
TRANSCRIPT
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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.
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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.
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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
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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
13/29
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
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
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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
15/29
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.
Instructions in the member
area of MAREInet.com. Log
in, click on Member Library
and look for Home Depot in
the Benefits Section.
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-
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bership package!
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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
17/29
Investment News Page 1
MAREI
InternshipsManagingWebsites
BookingEvents
SellingAdvertising
Graphic
Design
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,
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Mobile
Media
Find Out What
YOU Can Do
with Mobile Media
Marketing
go to
MAREInet.com/LMT
For Examples
Easy to Use / Customizable
Multiple Templates to Choose
PreFilled Text or Write Your Own
Unlimited Pages as Needed
Properties Descriptions & Photos
Tools to Build your Buyers List
Data Collection Tools Your Own Domain
Keyword Rich for SEO
FREE Site / Hosting $19.95 Month
www.MAREInet.com/360REIStart
http://www.accuratetitleco.com/http://www.accuratetitleco.com/ -
8/4/2019 Newsletter - September Newsletter
18/29
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
months is to double all of
those numbers above. So if
you are not yet participating
go to the link at the left and
find out how to get started!
http://www.mareinet.com/HDhttp://www.mareinet.com/HDhttp://www.mareinet.com/HD -
8/4/2019 Newsletter - September 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
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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/ -
8/4/2019 Newsletter - September Newsletter
20/29
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
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.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
23/29
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
24/29
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
25/29
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
-
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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