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  • 8/3/2019 Newsletter - October 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

    October 2011NETWORKING : EDUCATION : COMMUNITY

    DO NOT PASS

    GO!

    the greatest

    opportunityto acquire wealth

    our generationmay ever see!

    Andy HellerIs teachinglong term

    wealth buildingmodel

    October 22nd

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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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    Page 4 MAREInet.com

    BUSINESS MEMBERS

    ADDRESSING THE NEEDS OFmarei

    Real Estate Investors and Landlords depend on a well

    rounded team of professionals. If you are building your

    team or looking to make a trade, start your recruiting with

    our Vendor Members and Business Associates. See a

    complete list of suppliers and any discounts they may of-

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

    http://mareinet.com/associates

    Type Company Web Phone Contact

    Attorney Wise / Anderson BobWiseLaw.com 816-942-5925 Bob Wise

    Contractor Te-Tee Light MAREI Vendor 816-356-1870 George Bai

    Insurance APIA REOIns.com 877-752-2742 Lisa Goodner

    Lender Argentine Federal Savings ArgentineFed.com 913-402-1500 Ann Wilkinson

    Prop Mgr Abraxas Prop Mgmt AbraxasMgmt.com 816-474-8800 Meka Cayce

    Prop Mgr Jamieson Home Team JamiesonHomeTeam.com 816-503-4671 Kevin Jamieson

    Prop Mgr Premier Leasing MyPremierLeasing.com 816-841-9500 Jeff Woods

    Realtor Realty Resource RealtyResourceKC.com 816-523-4400 Kim Tucker

    Security Devcon Security DevconSecurity.com 913-907-4942 Marian Collins

    Supplier Canyon Stone Canyon-Stone.com 913-254-9301 Matt Puckett

    Title Accurate Title Company AccurateTitleco.com 913-338-0100 Jackie White

    Wholesale kcmoHomeBuyer kcmoHomebuyer.com 816-200-2198 Don Tucker

    http://www.bobwiselaw.com/http://mareinet.com/associates/te-tee/http://mareinet.com/associates/te-tee/http://mareinet.com/associates/apia/http://mareinet.com/associates/apia/http://mareinet.com/associates/argentine-federal/http://mareinet.com/associates/argentine-federal/http://mareinet.com/associates/abraxas-property-management/http://mareinet.com/associates/abraxas-property-management/http://mareinet.com/associates/jamieson-home-team/http://mareinet.com/associates/jamieson-home-team/http://mareinet.com/associates/premier-leasing/http://mareinet.com/associates/premier-leasing/http://mareinet.com/associates/realty-resource/http://mareinet.com/associates/realty-resource/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/canyon-stone/http://mareinet.com/associates/canyon-stone/http://mareinet.com/associates/accurate-title/http://mareinet.com/associates/accurate-title/http://mareinet.com/associates/kcmohomebuyer/http://mareinet.com/associates/kcmohomebuyer/http://mareinet.com/associates/kcmohomebuyer/http://mareinet.com/associates/accurate-title/http://mareinet.com/associates/canyon-stone/http://mareinet.com/associates/devcon-security/http://mareinet.com/associates/realty-resource/http://mareinet.com/associates/premier-leasing/http://mareinet.com/associates/jamieson-home-team/http://mareinet.com/associates/abraxas-property-management/http://mareinet.com/associates/argentine-federal/http://mareinet.com/associates/apia/http://mareinet.com/associates/te-tee/http://www.bobwiselaw.com/
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    Investment News Page

    Join the Conversation

    https://www.facebook.com/

    KansasCityRealEstateInvesting

    https://www.facebook.com/

    groups/kcrei/

    http://twitter.com/#!/mareinet

    In This Issue

    MAREI Business Members

    MAREI Meeting Staff

    Notes from Director

    Fraud in Real Estate

    Real Estate: the Perfect Storm 1

    Risk vs Reward: Protect Yourself as a

    Landlord

    1

    Coalition for Sensible Housing Policy 1

    Market Data: Investing Research 1

    Top Tips for Landlords 2

    MAREI Calendar of Events 2

    Registering for MAREI Events 2

    Classifieds 2

    New & Renewing Members , Guests 2

    ContentsMAREI NewsSpeed Networking

    In December

    https://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/groups/kcrei/https://www.facebook.com/groups/kcrei/https://www.facebook.com/groups/kcrei/http://twitter.com/#!/mareinethttp://twitter.com/#!/mareinethttp://twitter.com/#!/mareinethttps://www.facebook.com/groups/kcrei/https://www.facebook.com/groups/kcrei/https://www.facebook.com/KansasCityRealEstateInvestinghttps://www.facebook.com/KansasCityRealEstateInvesting
  • 8/3/2019 Newsletter - October Newsletter

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    next page. The trainers in these places might charge y

    $500 to $2000 for a home study course, maybe $1000

    $3000 for a bootcam

    What you need to realize is that these pitch people, w

    are bypassing your REIA group and going straight to yo

    newspaper, TV, mailbox, or email in box, bypass your RE

    group for a reason. If they came through the REIA gro

    (1) they probably would not get pass the REIA groups ga

    keeper because of the quality of their training and cost a

    (2) if they did get in to speak at your group, the REIA lea

    ers would probably be telling you it was a big rip off. Mys

    I have seen these pitch people offer a free 2 hour hype a

    local hotel on how easy it is to get rich. The sell you int

    $300$500 week-end with some books and a lot mo

    hype on how easy it is. What I dont get is that if it is

    easy and if you can get so rich, why I need to spend a

    other $10,000, $20,000 or more to find out how to do

    why cant I figure it out from the 3 day training I just a

    tended and all the books and tapes they already sold m

    These weekends sometimes have good material, a

    sometimes dont. But still you really need to spend anoth

    $5,000, $10,000, $20,000, and more because you rea

    cant get rich unless you invest money in your educatio

    And I agree, you do need to invest in training, but w

    spend $20,000 on something that really is basically t

    same training you could buy from trainers vetted by yo

    REIA group for much less. It probably has a fancier pa

    age and comes with some highly trained sales people f

    lowing up with you to tell you that you are going to be r

    in real estate, but you really need to spend anoth

    $20,000 for this or than! To top it all off, many of the

    pitch people dont invest in real estate . . . Imagine that .

    And are just repackaging materials they bought from t

    guy that spoke at your REIA last mon

    For example, this month MAREI has a training person co

    ing in to speak: Andy Heller. He will be offering real, va

    able training at the Saturday event and he will be selling

    training course that he and his partner created. But kn

    this, His course runs around $2000 according to his we

    site and I know he does not have a staff of phone sa

    people following up with you trying to sell you somethi

    else. He comes highly recommended from many REIA

    and their members from across the country and he does

    fact invest in real estate

    Kim Tuck

    I recently opened my mail box to find a

    special invitation to a Private Pre-

    Auction Event. The invitation goes on

    to say smart investors are making mil-

    lions from tax deed auctions, foreclosure

    flips, and pre-auction events.

    As I read through the invitation I cant quite figure out what I

    am being invited too? Is it an pre-auction event in advance of

    a tax deed auction, where the speaker is going to train me on

    tax deed auctions. Hmm, those have already passed for

    2011 here, so that cant be it. They might be going to train

    me, or sell me training on how to do a foreclosure flip before

    an auction, but still when is the auction? There are no large

    auctions planned in Kansas City as those always end up in

    the Kansas City Star and in my email in box. So back to the

    invite. It also says we can make millions from attending this

    pre-auction events. But again I am stumped as to what this

    event isis it how to make money or is it an auction. What

    ever it is, I can go for free, its limited to 100 attendees, I

    could win an I-pad, and it will be eye opening.

    Great, but what is it. So my next task was to check this event

    out a bit more. As we will talk about at the Tuesday Meeting

    we should check out everything before we spend, and I am

    sure at this event, what ever it is, they will have a huge eye

    on my credit card and check book. . . So lets check this out

    and see what he is all about.

    So my next step was to head off to my good friend Googleand see what it had to say about this event. After a few clicks

    I start seeing a lot of promos for this guy and others with simi-

    lar events all across the country. Not really any positive feed-

    back, but a lot of negative feedback. In fact on one webpage

    from this promoter, there is a notice that he is violating Cana-

    dian real estate laws by acting as a broker in a real estate

    transaction without a real estate license. Then I found a

    blogger that described a past pre-auction event from last

    year. He said it really did not feature the guests speakers

    promoted except via recorded video. That it was presented

    by polished pitch people telling you how easy it is to get rich

    in real estate and how much banks want to sell you their

    houses. Now if you have a couple of hours to kill and want to

    go get your free camera (and it looks like a free one in the

    photo too) and a chance to win an I Pad, well great. But from

    what I am seeing you are not going to learn a whole lot and a

    few people are going to leave with less money in their pocket.

    As a practicing real estate investor for almost 12 years now, I

    am all for education: go buy a book, go to your local real

    estate investment groups meetings and trainings, even buy a

    training course or a bootcamp, or check out MAREIU on the

    Directors Notes

    Page 6 MAREInet.com

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    Investment News Page

    www.MAREIU.com

    www.MAREIU.com

  • 8/3/2019 Newsletter - October Newsletter

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    Page 8 MAREInet.com

    Fraud in Real Estate

    Kansas CityThe Kansas City Star reported on 10/4 that A

    former Lees Summit real estate agent will

    spend 20 months behind bars and must pay

    more than $5.6 million in restitution for a mort-

    gage fraud scheme that left banks holding bad

    loans and caused property values to plummet.

    The builder involved in the scam was sen-

    tenced to 2 1/2 years in prison and ordered to

    pay restitution of more than $5 million for hisrole in the scheme including mortgage fraud,

    wire fraud, and transferring funds obtained

    across state.

    The FBI found that a woman from California

    and a man from Florida helped three people

    build false credit histories so they could obtai

    fraudulent loans. These were the straw buy-

    ers and all were sentenced for using false

    numbers to artificially raise their credit scores

    allowing them to purchase six propertiesworth more than $2.7 million.

    October Monthly Meeting:

    Tuesday October, 2011, 6pm to 9pm

    Career Education Systems,

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

    Dont miss this eventMonthly MeetingAgenda

    5:40 PremeetingMarket Report

    6:00 Check in / Vendors / Networking

    7:00 Announcements / Q & A w/ Andy Heller

    7:30 Presentation

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    Investment News Page

    Due Diligence

    Considering a Transaction

    Considering doing businesswith someone.

    Check them out First

    Check County Records forOwnership of Property

    Check Secretary of State Website for Company Ownership

    Use ZabaSearch.com to matcnames with phone numbers

    GOOGLE a Name

    See if they are on Facebook oLinkedIn

    Check for people or companynames in CaseNet in Missour

    or JocoCourts.com in KS

    Check for licensing with StateRegulatory Boards: RealtorsMortgage Brokers, Appraisers

    Check with the State AttorneyGenerals Office

    Look on the FBIs website tosee if they have been in troubl

    Dont fill out online applicationwith companies or people you

    dont know.

    Ask lots of questions and getanswers that make sense.

    Ask for references and checkthem out, dont take them at

    their word, especially if they uswell known peoples names.

    Leawood Attorney pleads guilty

    to participating in a conspiracy

    to commit wire and mail fraud.

    Investors lent $52.5 Million to

    this attorney and others through

    a Real Estate Ponzi scheme

    where they thought they were

    lending for legitimate real estatedevelopment projects, but most

    of the money was being kept or

    used to pay interest to other

    lenders. Look up British Lend-

    ing Program Online or BLP.

    August 2010, Kansas City Kan-

    sas man sentenced to 145

    months in prison and ordered to

    pay more than $5.8 million inrestitution for mortgage fraud.

    Plead guilty to mortgage fraud,

    wire fraud, money laundering,

    and aggravated identity theft.

    Conspirators obtained loans for

    purchasing and refinancing

    properties by submitting fraudu-

    lent loan applications with false

    statements, false sales con-tracts, and false appraisals by

    unlawfully making use of the

    identity of a licensed appraiser.

    Scammers using Craigslist to

    target would be renters in an

    Identity Theft Con. They steal

    another persons photos and

    property information from a

    house for sale to create a newrental ad on Craigslist with a

    very attractive rent and ameni-

    ties. Then once a potential

    renter contacts them, they ask

    for them to fill out an application

    online. When they stop by the

    property to see it, they are told

    the house is not for rent and

    they know nothing about the

    rental application.

    You can search for stories

    about fraud in real estate and

    mortgages on the internet for

    hours and never run out of sto-

    ries.

    In an effort to educate our

    members and guests, we have

    invited in FBI Special Agent

    Julia Jensen for her 3rd presen-

    tation at MAREI. Her first two

    were very informative and very

    well attended. As she has cutway back in her speaking en-

    gagements due to an increased

    case load with her investiga-

    tions, we are very lucky to have

    her join us for this meeting. WE

    EXPECT A PACKED ROOM!

    So get there early to reserve

    your seat.

    We hope that you take awayinformation from this presenta-

    tion that will keep your name

    out of the paper as a person

    taken in by a scam or the per-

    son going to jail for committing

    fraud. We have seen numer-

    ous people in trouble over the

    years with fraud schemes on

    both side of the scam due to

    their lack of knowledge about

    the situation. So we ask you to

    pay close attention, take notes,

    and if ever faced with anything

    you dont understand, ask for

    help.

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    Today: The Perfect Time to Invest

    By Andy Heller, Co-Founder, Regular Riches Invest-ment System

    Should an investor swim or reach for a life preserver?

    Just a few years ago, the number of real estate inves-tors was growing by leaps and bounds; however, todaymany investors that were attracted to real estate in theearly part of this decade due to skyrocketing property

    values have retreated to the sidelines. The market hasbeen cooling nationwide, and so it seems has the ap-petite of many investors. The million dollar question is,are they right? Should other investors follow theirlead?

    To help answer this question, lets look at a similar oc-currence that happened in the late 1990s in the stockmarket. Stocks began to appreciate rapidly in the mid1990s. In response, stock investment clubs popped upall over the country. The increased interest in the stockmarket drew more attention to stocks from previouslyinactive and novice investors. This brought moremoney into the stock market, which in turn drove prices

    even higher. The bubble burst on the stock market inthe early 2000s. Stock investment clubs closed andinterest in the stock market waned in response to thedeclining values.

    The end of the bull market and start of a bear market ithe early 2000s sent many of these new stock investoto the sidelines, just as real estate investors attracted skyrocketing property values earlier this decade havealso just recently retreated to the sidelines. As we

    asked above, are the retreating investors right? Theanswer is a resounding NO.

    An astute stock market investor makes good money inboth a bull market and a bear market. The same occuin the real estate market. There is a GREAT opportu-nity for todays real estate investor. Todays investor isunlikely to find and profit from skyrocketing prices thatdominated many real estate markets just a short timeago. Therefore, investors who plan only to profit fromproperty appreciation are right to retreat if that is theirprimary means to profit. But todays market provides aeven greater opportunity to real estate investors thanyears past. It is just a DIFFERENT, and very special,

    investing opportunity. Large profits will not come fromonly property appreciation but from othersources.

    We refer to the special opportunity that is jusstarting to develop in Todays real estate maket as a Perfect Storm. The Perfect Storm ithe name of a movie staring George Clooneyand Mark Wahlberg that depicted the mostviolent storm of our generation. This once-in--generation storm occurred in the mid-1990sand was caused by three separate and dis-tinct weather patterns that occurred simultanously. One happened a lot, two every coupledecades, and all three together was some-thing seen once in a lifetime. This createdwhat was nicknamed The Storm of the Cen-tury or The Perfect Storm.

    So what in the world does that have to do wittodays real estate market?

    Like the Perfect Storm, today we find threethings happening in this real estate marketthat is the start of what is potentially a once-i

    Real Estate

    The Perfect Storm!

    Page 10 MAREInet.com

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    a-generation investing opportunity.Three market developments that havenever occurred all at the same time:

    1. Record Foreclosures Withforeclosures today at record num-bers and going even higher, thisin short means that the pool ofproperties available for investorsto purchase at a discount is IN-CREASING. Also, because manycommunities across the UnitedStates are seeing added foreclo-sures coming onto the market,this is forcing the average home-owner to also discount their homein order to attract a buyer. Fore-closures are up all across theUnited States, with annual in-creases of 100% in many parts ofthe country. In short, it is easiertoday to get a huge discount oninvestment property that it hasbeen in years.

    2. Rising Rents With loan stan-dards tightening up the pastmonths, fewer people can qualifyfor home loans and therefore de-mand for rental property is in-creasing. In response to this ris-ing demand, landlords are able torent their properties faster, keeptheir properties rented longer, andraise rental rates. So investorswho like to rent, lease/purchase,or are unable to flip a property,can take advantage of a rapidly

    strengthening rental market.

    3. Less Competition Without theattraction of profits from skyrock-eting property values, fewer inves-tors are active today. Fewer in-vestors means less competitionand even more opportunities forbig profits.

    How is todays investor able to takeadvantage of this Perfect Real Estate

    Investors Storm?Simple, on the purchasing end, aninvestor today will be able to use theincreased supply of properties at adiscount, and the lack of competition,to achieve investor discounts thatwere very hard to achieve before.Where two to three years ago an in-vestor may have been happy to se-cure a discount of 10 percent on a

    Investment News Page 1

    Maximize your profits in Todays Perfect Storm Invest TODAY in establishing your network of realty contacts and property

    sources.

    Seek a much greater investor discount upon acquisition than you would haveaccepted a couple of years ago.

    Secure an exit strategy that allows you to acquire cash out every now and

    then (such as a lease/purchase)

    Do frequent rental analysis wherever you have rental property (i.e., dont be

    so quick to ask for $1500 when today you might be able to get $1700 be-cause of the growing number of renters).

    Consider locking in tenants to two, and even three, year leases (our shortesis three years). This gives you a chance to get rents up with annual in-creases, and hold onto enough properties in anticipation of property valuesgoing up again (which they eventually will).

    Seek out educational products (books, seminars, home study courses) thatteach investing strategies where the investors profits are not dependentsolely upon property appreciation.

    Andy Heller is co-author of the Fortune Magazine recommended book

    Buy Low, Rent Smart, Sell High and together with his partner, Scott

    Frank, have approximately 40 years of combined real estate investing

    experience and have purchased, rented and sold approximately 100

    residential properties. For more on the Fair Lease/

    Purchase and other real estate investing tips go dont

    miss out on his workshop in Kansas City on the 22nd.

    Go to www.MAREInet.com/AndyHeller to sign up for the

    event, and to register for some FREE Bonuses. Every

    person that Pre-registers for the event will receive a free

    copy of Andys BookBuy Even Lower.

    given property, that same propertycan be purchased in a softening mar-ket 40 percent or more below market.

    On the marketing end, investors whorent or lease/purchase will be able toachieve greater profits from less va-cancy periods and rising rents. Forthose investors who try to flip can usethe huge discounts they obtainedwhen they purchased their property todiscount the property more than they

    could have a few years ago and at-tract an buyers quickly. If a buyerdoes not purchase quickly, the inves-tor can simply fall back on a rapidlystrengthening rental market and at-tract a quality tenant, and patientlywait for property values to head upagain.

    How is this playing out today allacross the USA? I have been invest-ing for approximately 20 years. In thearly part of this decade, I admittedlypaid a bit more for properties than Iwould have liked, mainly due to theintense competition due to so manynew investors competing for discounproperties. Today, there are moregood opportunities to buy than I couldhave ever imagined just a few yearsago. My world is a microcosm of theoverall real estate investing markettoday. I can sum this up in 3 words:

    Deals, Deals, Deals!

    Throw away the life preserver, dive inand enjoy the best swimming an in-vestor has had in decades.

  • 8/3/2019 Newsletter - October Newsletter

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    Page 12 MAREInet.com

    units setting empty any longer than is necessary,but you dont want to be just inserting warm bodieinto your properties that will flee in the night orneed to be evicted in a couple of months.

    The answer is to turn to tenant screening. Thisshould not be something you learn and do it your-self, you want a formal process that works every

    time and to do that you need a professional screening service.

    While we cant know with 100% accuracy that aperson will make a good tenant, but we can knowwith a percentage of accuracy if a person will havea higher likely hood of paying rent, not causingproblems, and making you more money.

    There are numerous screening services that youcan turn to that do as little as a credit check, to anonline screening, to a full blown background checkPrices can vary greatly, but for a good screening

    for one person expect to pay between $25 and$35, which by the way can be an application feepaid for by the prospective tenant. Which onceupon a time, a burly old landlord told me was ascreening function in itself. If the tenant is not willing to pay $25 to $35 per adult in the property forscreening, that tells you right there that they wouldnot be a good tenant and you would not be receiv-ing a good report.

    So what should a good screening company pro-vide? A lot more than a credit score as a creditreport is about the persons credit, but how much

    does the way a person pays their visa bill have todo with how well they will take care of your properand pay rent and not set up a crack lab in yourbasement.

    So be sure to look for a screening company thatwill look at all aspects of the tenant history and provide you with:

    There are numerous ways to invest, but the moreyou read and study, you will find that all routes toreal wealth is through making a profit day in andday out through rent payments.

    You may be a landlord and rent out houses, smallmulti family, apartments, or commercial proper-ties. You might do a more advanced approach

    and look at lease options, contract for deed, orseller financing. All choices allow an investor tomake money in several ways. First when you buyit under value, instant profit. Second, when youimprove the property through renovations or rentalincreases. Third through rent income. And Fourthtrough appreciation.

    Now you may hear the old veterans talking aboutdifferent types of problems from tenants tearing uptheir properties to not getting their rent on time.But remember they are old veterans and are stillout there renting properties, so there must besomething to this being a landlord or they wouldhave thrown in the towel long ago.

    What these people know and that you need tolearn if you are new, is that whether you are alandlord managing your own properties, or a land-lord who has hired a property manager, or you areone of those people with a huge rental propertyportfolio, you have less problems and make moremoney when you know more about your tenant.

    You can learn how to spot a good property or hirea realtor and property inspector to help you. You

    can hire a contractor to do the repairs and main-tain the property. You can even hire a propertymanager to manage the property. But to actuallylearn more about your tenants, you have to find away to screen them thoroughly and not discrimi-nate against them at the same time.

    Risk in being a landlord is minimized by renting aproperty quickly and further keeping the good ten-ants as long as possible. You dont want your

    Risk Vs Reward

    Protect yourself as a Landlord

  • 8/3/2019 Newsletter - October Newsletter

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    Investment News Page 1

    Credit History that is easy toread and understand so youcan see what they pay andwhat they dont.

    Civil History and evictions fromcourt records so you can seewhy they have been sued in-cluding rent, damages, andpossession of property.

    Criminal History so you can seewhat type of crimes they mayhave committed. The guy whoshoplifted 20 years ago mightbe ok, they guy who was con-victed of dealing drugs or as a

    sexual predator might not be. Employment and Income Verifi-

    cation to make sure they dowork where they say they doand in fact make what they re-ported to you on your applica-

    tion. And statistically speaking,is that enough income for theamount of rent you are charg-ing.

    Rental references from currentand prior residences so youmight find that the current land-lord who wants this person outgives you a glowing report andthe three landlords before thattell you how bad they were.

    Some screening companies mightoffer a risk rating factor to help youin the process, but in the end youneed to make sure you form a for-

    mal screening criteria you apply toeach and every potential tenant soyou do not find yourself in violationof any fair housing regulations.

    Formal Screening Criteria means itneeds to be written down, it needs

    to be a step by step process ap-plied to each and every potentialtenant. It needs to be objectiveand repeatable. And last you nee

    to document your process and theobjective results so you have a paper trail should a fair housing audior investigation come to light.

    As we talk about formal, objectiveand documented, all of these as-pects point to using a screeningservice to provide you the formalitthe yes and no answers, and a paper trail to put in your tenant andrejected application files.

    One last item that you can use toprotect yourself is rental paymentinsurance to make sure you getpaid rent should the tenant skipbefore the lease expires or if youneed to evict the tenant.

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    Page 14 MAREInet.com

    You may have heard of Qualified Residential Mortgage Re-

    quirements, or QRM, which proposes rules that would in

    essence require borrowers of higher risk loans to make a 10

    to 20% down payment.

    In an effort to make sure the general public understands

    what QRM is and the drawbacks that it will cause, MAREI

    through its membership as a part of National EIA has joined

    forces with the Coalition for Sensible Housing Policy

    (www.SensibleHousingPolicy.org) which is made up of 46

    key associations across the country including: National As-

    sociation of Realtors, the National Association of Homebuild-

    ers, American Bankers Association, the Mortgage Bankers

    Association, the NAACP and other consumer groups, civil

    rights groups, lender, real estate professionals, insurers and

    local governments. This coalition was established to combat

    the possible passage of the proposal by federal regulators

    that would raise costs for creditworthy homebuyers, deny 25

    million current homeowners the ability to refinance into lower

    rates because they lack 25 percent equity, slow the eco-

    nomic recovery by further stifling the housing market andensure a large government strangle hold of housing markets

    for a very long time.

    While in the past the requirement of 10 percent to 20 per-

    cent down payments was very common, we have seen that

    wellunderwritten, low down payment home loans have

    been a significant and safe part of the mortgage finance

    system for decades. The proposed QRM exemption ignores

    historical data and imposes minimum down payments of 10

    to 20 percent and equity requirements for refinancing of 25

    to 30 percent equity.

    This would result in responsible consumers who have goodcredit and seek good loan products to be forced into more

    expensive mortgages under the new proposed rule just be-

    cause they do not have 10 to 20percent to put down.

    These mortgages will be more expensive for consumers

    because the capital and other costs of retaining the risk will

    be passed onto them, if the private lending market chooses

    to offer loans outside of the QRM standards at all.

    What are the proposed rules and their potential effects:

    For consumers, the QRM was intended to prove cred

    worthy borrowers access to well-underwritten product

    at good prices. Although Congress intended for the

    QRMs to be accessible to a broad range of borrowers

    the regulators acknowledge that they crafted this rule

    to make the QRM a very narrow slice of the market.

    Despite specific Congressional rejection of down pay

    ment requirements in the QRM legislative provisions,fact attested to by the QRM sponsors, the regulators

    have insisted upon a punitive down payment require-

    ment, even when confronted with ample historical loa

    performance data that show low down payment loans

    perform well provided the loan has been properly un-

    derwritten and has consumer-friendly features.

    For the housing market, the statutory intent of the

    QRM was to provide a framework for sound and re-

    sponsible liquidity provided by private capital that

    would be broadly available to support a housing reco

    ery. However, the QRM definition in the proposed ru

    will force the vast majority of both first-time and exist-

    ing homeowners to face potentially significantly high

    interest rates, or to postpone purchases and refi-

    nances.

    For the structure of the housing finance market, the

    QRM was intended to help shrink the government

    presence in the market, restore competition and miti-

    gate the potential for further consolidation of the mar-

    ket. Again, the proposed rule is likely to have the op-

    posite impact.

    Coalition Recommendations

    Regulators should redesign a QRM that is consistent with

    Congressional intent: encourage sound lending behavior

    that supports a housing recovery, attract private capital an

    reduce further defaults without punishing responsible bor-

    rowers and lenders.

    For more information visit, www.SensibleHousingPolicy.o

    and for more information on MAREIs Legislative Affairs g

    to www.MAREInet.com and look under the Government

    Tab.

    CoalitionFor Sensible Housing Policy

  • 8/3/2019 Newsletter - October Newsletter

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    In life as they say knowledge is power. The more youknow about market statistics in your given field of businessand the better able to interpret and apply the data, the betterbusiness person you will be.

    Real Estate is no different than any business, you need togather data, study it and use it to plan your business. Thereare virtually 100s of source of data for the real estate inves-tor from the local MLS service, the local Real Estate Asso-

    ciation, the Regional Federal Reserve Boards, the US Cen-sus and others. We have just started tracking several differ-ent factors gleaned from all of these services and combinedthem into a market data report that you will find on the Mem-bers Only side of the MAREI website and that we will belooking at briefly at the October 11th PreMeeting from 5:40to 6:00.

    If you are like many real estate investors, knowing what youare looking at is a bit tough, because if you were luckyenough to have some sort of formal training on statistics itwas a long time ago, and in many cases, you may havenever had any training. So we are going to look at the chartbelow and see if we might be able to figure out what we arelooking at. This data came from both the Hearland MLS andKCRAR websies.

    Below you will find three sets of information including Inven-tory (how many houses are on the market), Days on Market(the number of days properties have been formally listed forsale), and the Average Sales Price as reported by the sellingagent. It also is looking at residential properties only andwhere possible breaks down New Construction Homes fromExisting Resale Homes and then Combines the two.

    But looking at just these numbers we can see how muchinventory is increasing and decreasing. Which when youare looking at just one particular point in time will not tell youa whole heck of a lot. But if you track it over time as wehave shown in a spreadsheet below or in a full year chart, asyou will find in our Market Report, you will see trends that

    can help you. So in this chart looking at August Numbers,we see that number of new homes in inventory is going

    down compared to last year and that the inventory of exising homes is a little less than last month and about 10%less than last year. If we look at the number of days ittakes to sell a house on Average, we see that in Augustthis was 110 days, which is just a bit better than last montbut a little longer than it took last year. When we look ataverage sales prices, we again see a bit higher than lastmonth, yet a bit lower than last year.

    Keep in mind that the numbers below are an overall photoof all areas of the Kansas City Metro and all price ranges,which can be a good snap shot. But if say for example yoare primarily concerned with first time home buyer housesbetween $100,000 and $200,000 in suburban Kansas CityMetro, you might want to look at raw data and factor outhigh end homes and the 100s of urban core, bank ownedproperties that are selling for almost nothing and affectingthe overall numbers.

    If you watch data like this over time you will be able to seehow rising and shrinking inventory will affect price and howquickly homes will sell.

    Once you have mastered the basics of tracking your mar-ket specific to your investing needs you might want to add

    in other trends such as:

    Employment or Unemployment Numbers more peoplooking for jobs will create less of a demand, while anew business opening with 100s of new jobs couldcreate a demand in an area.

    Rental Demand and Rental Rates: If there is a shortage of rental units, rental rates might be rising, while there are too many rentals, you might see rental ratesgo down and move in incentives go up.

    Aging of the population, is very important to the investor because if your main population is older, you mighwant to focus on properties for older tenants or buyerYet if you are in say a college town where you have a

    Market DataInvesting Research

    Aug Invent.

    Mo/Mo

    Change

    Yr / Yr

    Change DOM

    Mo/Mo

    Change

    Yr/Yr

    Change Price

    Mo/Mo

    Change

    Yr / Yr

    Change

    New 1312 0.46% -22.10% 307839 -0.51% 3.73%

    Resale 15165 -3.46% -10.74% 146381 0.52% -3.71%

    Total 16477 -3.14% -11.65% 110 -0.91% 10.0% 157372 0.32% -3.94%

    Inventory Change Days on Market Average Sales Price

    Page 16 MAREInet.com

  • 8/3/2019 Newsletter - October Newsletter

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    unusually younger population, you may want to focus on housing forcollege students or families with small children.

    One chart to pay particular attention to is one that looks at numbers ofhomes sold by month over a several year period so you can note when

    sales drop off and sales values go down. For example here in the KansasCity metro, if you look at such a chart you will see values and sales dropoff from December to February. So as a person in the real estate busi-ness you would need to plan for less sales and income during thosemonths.

    Some other great resources for real estate market trends:

    www.KCRAR.com

    www.RealTrends.com

    www.Realtor.org

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    Investment News Page 1

    When investing in the Kansas City Metrowhether you live here or are out of state, startyour investing with Mid-America Association ofReal Estate Investors: Our members are fromall areas of the real estate industry and areready to help you plan your Real Estate Portfo-lio, find the perfect property, do all the neces-sary repairs, and manage those purchases formaximum performance overtime. Before you invest yourtime and money, start withMAREI and connect with ourmembers!

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    Page 18 MAREInet.com

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    Stay capitalized. One of the mostserious problems small landlordsface is lack of cash, as being alandlord involves unexpected ex-penses. These range from tenantssuddenly ceasing to pay their rent,to unexpected repairs, to lawsuits,

    but the only predictable aspect tothese unexpected expenses is thatthey will happen, and with somefrequency. Set aside a heftyamount of cash specifically forrental expenses, and resist thetemptation to use it for anythingelse.

    Understand the eviction process.Although many of us dont wish tothink about worse case scenarios,it is important to become familiar

    with the eviction process and beready to start the process immedi-ately when a tenant violates thelease. While the specific docu-

    (Continued from page 20) ments required are different ineach state, all states involve thesame general eviction process.The landlord or property managermust serve the defaulting tenantwith a particular notice, wait aspecified period of time, file incourt, attend a court hearing,schedule a date for the actual evic-

    tion, and so on, and landlords arewell advised to understand thisprocess before actually having togo through it, because it is ex-tremely expensive and takes farlonger than most landlords antici-pate.

    Understand the Fair Housing Actand how it applies to your rental.When advertising for a new tenant,it is critical that landlords and prop-erty managers understand and

    comply with the Fair Housing Act.The Fair Housing Act prohibitslandlords from using any of thefollowing criteria when evaluating

    potential tenants: race, color, na-tional heritage, religion, gender,disability, and familial status. Whithat may sound simple on the surface, consider that stating in arental listing "perfect for a singleprofessional" is a violation of theAct (bias against familial status).Advertising only in your church's

    newsletter discriminates by relig-ion. What landlords can andshould use to evaluate potentialtenants is financial data, credit histories, and other background data

    Author Brian Davis is a seasonedlandlord and marketing profes-sional. As Vice President of onlincompanyEZLandlordForms, BriaDavis works to empower landlordand property managers across thUnited States with valuable infor-

    mation and documents to supporttheir work.

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    Investment News Page 1

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  • 8/3/2019 Newsletter - October Newsletter

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    Page 20 MAREInet.com

    Building a strong relationship with a new tenant andprotecting your real estate investment is of para-mount importance when crafting a lease agreement.There are a multitude of considerations at this junc-ture that are essential to understand. As a seasonedlandlord and top expert on landlord-tenant relation-ships here are my top tips for new landlords as ahelpful tool for navigating lease creation and the on-going considerations of managing a rental property.

    How to Build a Strong Lease & Relationship with YourTenant

    Build an airtight lease agreement by knowing thelaws that apply in your state through a state-specificlease. Each state has slightly different laws that im-pact a landlord-tenant relationship. Accordingly, usea state-specific lease instead of a general lease tobest protect your real estate investment. For exam-ple, California requires all lease agreements to in-clude clauses mandated by Megan's Law, and everystate has different limits on security deposits, late

    fees, etc.

    While not an exhaustive list, other elements a leaseagreement should clearly define include: Who is re-sponsible for paying the utilities, which appliancesare included and who is responsible for maintainingthem, whether the lease auto-renews and for whatterm, details surrounding fees and deposits, andwhether is there an option to purchase - and if sowhat are the terms?

    Know your tenant by thoroughly screening each pro-spective renter to avoid problems down the road.

    This can be accomplished by a few simple steps.First, conduct a professional credit check to learn anapplicants credit history and if they have been fis-cally responsible in the past. Bad credit can serve asa red flag and you may wish to avoid such tenants.

    Next, ask for references from past landlords. How-ever, be on notice that while references from priorlandlords are worth a quick phone call, they aren'tparticularly telling, because tenants can give fakenames and numbers, and even if they don't, the old

    landlord may well be painting a rosy picture of thetenant in order to get rid of them.

    What a landlord should verify are the rental appli-cants' credit, employment/income (and historicalstability), criminal background, and eviction his-tory. When landlords run these checks, not onlycan they determine the best rental applicant, butthe landlord can defend against any discriminatio

    lawsuits by producing hard data used to chooseone rental applicant over another.

    Devise a Moving In and Moving Out procedureand be sure it is clearly defined. One helpful tool a comprehensive walk-through checklist. Thisdocument will be used for the landlord/manager twalk through the rental unit with the tenant anddocument the condition of the unit upon move-inand move-out.

    Offer performance incentives: While most leaseagreements include a late fee, landlords can fur-ther incentivize timely rent by offering a reward foearly rent payment, renewing for a longer termperiod, and/or any other behavior you want to en-courage. Rewards can range from the simple,such as rent discounts, to the complex, such aspoint systems where tenants earn points and ex-change them for rebates, gift cards, updates to thrental unit, etc.

    Establish a relationship with at least two goodcontractors. Landlords and property managersneed at the very least a licensed contractor whocan handle large jobs, and an inexpensive handy

    man who can affordably fix minor issues. Don'twait until your tenants' heating system stops working in January, or the roof collapses, as the timelost in trying to find a contractor by that time willcost real money. Instead form these relationshipsbefore you actually need them, and then you willsimply be able to make a phone call and have theproblem resolved immediately.

    (Continued on page 1

    Top TipsFor New Landlords

  • 8/3/2019 Newsletter - October Newsletter

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    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

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    Discounts for MAREI Members:

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    Presentation is Everything!

    Canyon-Stone.com

    550 E. 56 Highway, Suite B

    Olathe, KS, 66061

    Phone: (913) 254-9300

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    Property Management

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    Kevin Jamieson

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  • 8/3/2019 Newsletter - October Newsletter

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    Page 22 MAREInet.com

    C

    ALEND

    AR

    Details,

    Times,

    Locatio

    ns,

    Cost&Registrationatwww.M

    AREInet.com

    Oct 1st Networking Independence / Blue Springs: Panera Bread

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

    Oct 2nd Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Oct 5th Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Oct 6th Training CESKC.com Creating Welath - 6pm-9pm,1

    Credit PHP, 3 Hrs Realtor Contin. Ed

    Oct 8th Networking Independence / Blue Springs: Panera Bread

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

    Oct 9th Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Oct 10th Deadline Deadline to Reserve a Vendor Table for

    Tuesday Meeting by Noon

    Oct 11th Monthly

    Meeting

    Monthly Meeting: Career Education Systems

    South East side of Ward Parkway 6pm-9pm

    Oct 12th Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Oct 12th Networking Commercial Sub Group: 103rd 7 State Line

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

    Oct 15th Networking Independence / Blue Springs: Panera Bread

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

    Oct 16th Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Oct 19th Education Crime Free: Fair Housing Seminar & Prem-

    ise Liability Seminar www.KCCrimeFree.com

    Oct 19th Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Oct 19th Deadline Last Day for Early Bird Pricing for the BuyLow, Rent Smart, Sell High Seminar

    Oct 22nd Education Buy Low, Rent Smart, Sell High SeminarA

    Day Training Workshop with Andy Heller

    Oct 22nd Networking Independence / Blue Springs: Panera Bread

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

  • 8/3/2019 Newsletter - October Newsletter

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    Investment News Page 2

    Larry Prato

    Commercial Subgroup

    Spencer Cullor

    Commercial Subgroup

    Oct 23rd Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Oct 24th Training CESKC.com 1031 Exchanges - 1pm4pm 1

    PHP, 3 Hours Realtor C E

    Oct 25th Training CESKC.com Commercial Leasing - 9am-

    12pm1 Credit PHP, 3 Hrs Realtor Contin. Ed

    Oct 25th Training CESKC.com Commercial Lawsuits - 1pm-

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

    Oct 26th Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Oct 26th Networking Weekly Wednesdays: 103rd & State Line 9

    am to 11 am : Michelle Winberry

    Oct 27th Training CESKC.com Credit Scores - 6pm-9pm 1

    PHP, 3 Hours Realtor C E

    Oct 29th Networking Independence / Blue Springs: Panera Bread

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

    Oct 30th Networking Lees Summit: Panera Bread on Chipman

    Road in Lees Summit: Debra Felderhoff

    Ne

    twork

    ing&

    Educ

    ation

    Details,Times,Locations,Cost&Registration

    atwww.MAREInet.com

    Michelle Winberry

    Weekly Wednesdays

    Many thanks to our Volunteers

    who sponsor a Networking. If

    you need more networking and

    interaction, please check out

    the Networking Group on the

    Calendar. First Networking

    event is free and does not re-quire membership. After that if

    you want to continue as a part

    of the subgroup, we request

    that you become a member of

    MAREI to gain more knowledge

    and access all the tools and

    benefits of membership

    THANKYOU!

    Debra Felderhoff

    BS, LS, Indep Subgroup

  • 8/3/2019 Newsletter - October Newsletter

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    Page 24 MAREInet.com

    To register for an event, first you need to log in using the instructions from page 4 of this guide, which as page 4 says,

    lands you on the calendar of events.

    Find the event you want to register for and click on it, in

    this example, click on MAREI Monthly Meeting on the

    14th. This lands you on the event page with the Mem-

    ber Registration Button at the top.

    Click on the member registration button.

    And you end up with the registration op-

    tions. Pick the one you want, which as a

    member in this case would be the FREE

    option using the drop down button, and click continue.

    Continue clicking the Continue Buttons until you hit the

    final screen below

    Events

    Register for

  • 8/3/2019 Newsletter - October Newsletter

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    Investment News Page 2

    Offered As Address City Price Bed/Bath Contact Phone

    Leased 2 Houses Lake Ozarks $58,000 Danny Hammond 816-985-4950

    Turn Key 2 Houses South KCMo $76,00 varies Christoph Becker 816-419-1165

    Fixer N 47th & Georgia Kansas City KS $18,000 2/1 Paul Redmond 913-626-2967

    Fixer 2904 E 35th St Kansas City, MO 5/1.5 Christoph Becker 816-419-1165

    Fixer Waldo Kansas City, MO 3/1 Maggie Sheehan

    propertyloca-

    [email protected]

    Rental 4132 Agnes Kansas City, MO $15,000 2/1 Christoph Becker 816-419-1165

    Lease Option North of River 4/2 Laura Johnson 732-670-4940

    Rehab 2327 NE 45th Place Kansas City, MO 3/1 Sue Robertson 816-589-0975

    Turn Key 2005 E 58th St Kansas City, MO $23,000 3/1 Adrian Williams 816-616-2475

    Fixer 701 E 70th St Kansas City, MO You Name 3/2 Bilal Hazziez 816-686-4805

    Rehab 3509 Lexington Kansas City, MO $22,000 5/6 Joseph Grimm 913-489-9566

    Turn Key 300 Kensington Kansas City, MO 25000 4/2.5 Joseph Grimm 913-489-9566

    Wholesale 2510 Myrtle KCMO $13,500 3/2 Christoph Becker

    Wholesale 310 E 81st ST KCMO $48,000 2/1 JD Asbell 913-583-1199

    Wholesale 8701 N Troost KCMO $115,000 4/3 JD Asbell 913-583-1199

    Wholesale 8413 E 85th Tr Raytown $48,000 4/2 JD Asbell 913-583-1199

    Rehabbed 9436 Hakins Lenexa $85,000 2/1 JD Asbell 913-583-1199

    Wholesale 5500 College KCMo $17,500 3/1 Christoph Becker 816-419-1165

    Wholesale 5241 Olive KCMO $17,500 3/1 Christoph Becker 816-419-1165

    Wholesale 5161 Hardesty KCMO $14,500 3/1 Christoph Becker 816-419-1165

    Owner Fin Townhome Smithville Not priced 2 / 1.5 Rajeev Verma 913-735-5234

    Wholesale 2904 E 35th St KCMO 14,999 5/ 1.5 Joey Kramer 816-510-4259

    Renal 7411 Forest KCMO 39900 2/2 Scott Tucker, Realty Resource 913-620-7934

    Turn Key 8516 W 69th Tr Overland Park 119,900 3/1.5 Don Tucker owner/ broker 913-208-3017

    Fixer No address No city No price 3/2 Kevin Jamieson Reece & Nichols 816-686-2955

    Rental 1811 S Cedar Independence No price NA Kevin Jamieson Reece & Nichols 816-686-2955

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

    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l.cfm?clubID=755&classID=15119http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15120http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15121http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15130http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15131http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15132http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15133http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15144http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15147http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15152http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15155http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15157http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15166C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15167http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15175http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15186C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15200http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15206C:/Users/Kim/Documents/Affilateshttp://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15209http://www.memberize.com/clubportal/ClassifiedsDetail.cfm?clubID=755&classID=15222
  • 8/3/2019 Newsletter - October Newsletter

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    Page 26 MAREInet.com

    Welcome

    Dean Bammer

    Brandon Jackson

    Amanda Palomba

    Julie Schoemeht

    Lisa & Mark Stang

    Ray Stuck

    Chris Zembrenski

    Noelle Bear: Bonner Springs, KS

    Carol Cutler: Kansas City, MO

    Gregory Dorrel: Overland Park, KS

    Jason & Angela George: Oak Grove, MO

    Joseph Grimm: Bonner Springs, KS

    Bill Loftus: Kansas City, MO

    Rod & Karen Messier: Independence, MO

    Lauren Norwood: Grandview MO Paula Swenson: Overland Park, KS

    Eric Wayne: Pleasant Hill, MO

    We would like to welcome the New Members andGuests from the past month and to thank our Newand Returning Members for being a vital part of thisassociation!

    New Members Guests

    Glenn Davis: Lexington, SC

    Johanna Koppen: Kansas City, MO

    Mara Meade: Lees Summit, MO

    Ariel Moore: Overland Park, KS

    Marcus Painter: N Kansas City, MO

    Ben Rao: Lees Summit, MO

    Mike Reid: Shawnee, KS

    Scott Shore: Independence, MO

    Tim Stauffer: Kansas City, MO

    Luke Weber: Olathe, KS

    Roy Worley: Kansas City, MO

    Returning Members

    New Business

    Premier Leasing: Lees Summit, MO

  • 8/3/2019 Newsletter - October Newsletter

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    Investment News Page 2

    On Demand Training

    30 Minute Segments

    Top Investor Trainers

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    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

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    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-

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  • 8/3/2019 Newsletter - October Newsletter

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    INVESTOR

    MEMBERSHIP

    BUSINESS

    MEMBERSHIP

    informed MAREI

    Professionals

    targeted group

    OfClients

    From Motivation to How To Optimization of Your

    MAREI members are above the

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    with. Our meetings and online

    presence gathers targets thequalified leads your business

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    See the Membership Benefits tab under Membership

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    info and look for our orientation webinar on the

    calendar of events.

    See the Business Benefits tab under Membership on

    our website at www.MAREInet.com for more info or

    call the office at 913-815-0111 .

  • 8/3/2019 Newsletter - October Newsletter

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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