MI D - A ME R I C A A S S O C I A T I O N O F R E A L E S T A T E I N V E S T O R S
December 2012
MAREI wins Awards of Excellence at National REIA Mid Year for 2nd Year in a Row!
NETWORKING : EDUCATION : COMMUNITY : GOVERNMENT
Investment News Pa
ge 1
0
Happy
Holidays
From the
MAREI Staff
Page 2 MAREInet.com
CONTENTS
Heading into Year 10
6 Government officials are working
to Change the Way Things Work.
I Don’ t Care
8 Government officials are working
to Change the Way Things Work.
Housing Trends
12 The latest trends in housing are
changing the investing industry.
Hyper Local Blogging
16 How do we share our knowledge
and get people to find our blog.
The Investment Game
18
Just getting started with invest-
ment rentals. Do you know what
you are doing?
Every Issue
10 Benefits at a Glance
14 Membership
20 Investment Opportunities
22 December Member Training
23 December Meeting
24 Monthly Calendar
Web Exclus ive
Emerg ing Trends in
Real Estate
2013 MAREInet .com/
Trends2013
@ Check out our Website MAREInet.com
Contact us by Phone 913-815-0111
Email US [email protected]
Join The Conversation MAREInet.com/Blog
Join Association MAREInet.com/Membership
Investment News Page 3
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Page 4 MAREInet.com
Mid-America Association of
Real Estate Investors
The only National REIA Chapter in the Tri State Region Serving KS, MO & NE
Honor’s of Merritt Winner
National REIA Awards of Excellence
2011 & 2012
Read Newsletter Online Anytime
MAREInet.com/Newsletter
Connect with us Online
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Contact Information
PO Box 8685, Prairie Village KS, 66208
Phone: 913-815-0111 Email: [email protected]
Our Mission Statement Mid-America Association of Real Estate Investors is dedicated to promoting ethical real estate
investing 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 Disclaimer MAREI 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 Disclaimer The views and opinions expressed by authors of articles contributed to this newsletter do not
necessarily reflect those of the association, the board of directors or the staff.
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draw to fill a training room, we will have it online.
Here locally we are making some changes as well in re-gards to training. We are looking at several options to get our local experts involved in training our new mem-bers. This allows the new members access to local, af-fordable training so they learn the business the correct way from the start. Plus by giving back, the advanced members gain customers to their business, visibility in the community, and the chance to perfect their skills.
We have finally taken the step to add a 2nd monthly meeting. See later on in this issue information on our very first meeting of MAREI KC North, to be held on Jan-uary 3rd at the North Kansas City Community Center. This is specifically designed for our Northland Members but is open to everyone.
We are still working on building up our mastermind or subgroups. We would like to see 2013 bring a few more groups that are based on geographic area, like outlying areas around the metro as well as Lawrence, Topeka, Wichita and Omaha. We would also like to add a group for advanced investors, a womens group, a young per-sons group and possibly some groups based on topic. These may be short lived 2 or 3 meeting groups or they might meet monthly or weekly. Bring us your ideas, but remember with new groups comes the need for new group leaders.
As we head into our 10th year in 2013, we look forward to working with our member community. We have a lot of great challenges facing us from the Political Advocacy Stand Point as well as some great opportunities to con-nect with our community and raise the professionalism of the real estate investing community. I really hope you will enjoy 2013 at MAREI as much as we enjoy working with you as a member.
Make it a Great Year
Kim Tucker
How I did the deal will be back in January, sub-
mit your deals to [email protected]. Deals
selected for publication will receive a $25 credit
on account to apply to trainign workshops.
Little did we know that December of 2003 that the brand new company known as Mid-America Association of Real Estate Investors would take off and be a major factor in the Real Estate Investing Community in the mid-west. We were new and innovative then and now 9 years later, after the great real estate boom and the bubble bursting we are back in growth mode.
We have been a member of National REIA since the be-ginning and have been winning awards for the past two years for the tools and programs we use to connect with our members, educate our members, and to have our members take part in the community as a whole.
So what’s on the horizon. Well in the past year we have stepped up the game to become a Chapter Member of Na-tional REIA, which means we will have all the same great benefits and programs we have always had, like our Sher-win Williams and Home Depot Discounts, Monthly Meet-ings, and Week-End Events. With the new Chapter Pro-gram in place we will have a lot of new great exclusives.
Coming in 2013 for our members, be on the look out for a brand new mobile app just for Chapters Members of Na-tional REIA from The Home Depot. This app will be a game changer or many Landlords and Remodelers as it will store your entire list of favorite products and allow you to walk through each room on a project, take measure-ments , select products and produce a bid and purchase list. This purchase list is then sent straight to the pro-desk to be priced out through the Volume Discount Pricing Pro-gram and for you to order and pay for on one of your ac-counts that offers your 2% cash back. They are still in test-ing mode, but it will be out in 2013.
Coming in 2013 for our member, look for the new National REIA University and a new Professional Housing Provider Program. We have a core curriculum that all investors should be knowledgeable to earn a Professional Housing Provider Designation. But to get all the classes one might have to work over several years to get all the topics need-ed a live training and some of the topic might be a bit less that exciting. So the solution is going to be National REIA University. While we will still have live meetings and train-ing events, the online solution will fill in. So if you just missed the live training on a topic, you will be able to find that topic online and not have to wait till it comes around again. Also for the topics that might not be a big enough
Page 6 MAREInet.com
Heading into Year Ten!
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Investment News Page 7
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Contract Law: Creative Financing
Finance: FHA / VA & Conventional
Finance: Owner Financing
Funding: Private Lending
Funding: Self Directed IRA
Funding: Syndication
Insurance: for Properties
Insurance: Workman’s Comp
Insurance: Liability & Others
Landlording: Landlord Tenant Law
Landlording: Evictions
Landlording: Tenant Screening
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Landlording: Maximizing Cash Flow
Landlording: Property Management
Marketing: For Motivated Sellers
Marketing: Building Buyers List
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Negotiation: With Motivated Sellers
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Purchasing: Buying REO Properties
Purchasing: How much to Offer
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Rehabbing: Estimation On Site
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Regulations: Lead Paint
Regulations: Zoning & Building Codes
Tax Law: Minimizing Taxes
Tax Law: 1031 Exchange
Tax Law: Cost Segregation
MAREI would like to work with local in-structors on these topics to develop an
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As Real Estate Investors we often hear about an
issue in the media. Unless it directly affects your
personal business, we think “That’s not right, but it
really does not directly affect me. So I really don’t
care.” We are here to tell you that if it affects the
real estate industry, more often than not, it will
affect all Americans in some way. Housing and Real
Estate Issues affect the US economy and just
about everything else in some capacity.
Our next thought is “Ok, so it might be important,
but what can I do? “ Well individually, you can’t do
a whole heck of a lot as an average citizen. But as
a part of a large organization you have the a much
larger impact. If we all think about how it will us,
write out our thoughts, and share them with the
appropriate officials, we can collectively do some-
thing. When we as an association of Real Estate
professionals band together and make our voice
heard, we can make changes to current laws and
stop bad legislation or help draft legislation that is
more favorable to our industry.
One of our key responsibilities here at Mid-America
Association of Real Estate Investors is to make
sure you know what the issues are, provide you
with information to make informed decisions
about those issues, and help you share your
thoughts and decisions with the correct officials.
To that end we have a Political Advocacy Section
on our website. We will send you Calls to Action
on important issues via email and social media.
Your responsibility as a member of our associa-
tion is to stop and take action. Don’t stick your
head in the sand and wait for someone else to do
something. It’s up to you to make your voice
heard.
When you do send your comments and opinions
to officials, be sure to remind them that you are a
citizen in their area. Next make sure they know
you are a part of our larger associations, both Mid
-America Association of Real Estate Investors and
National Real Estate Investor Association and any
other associations you may be affiliated with.
When they see similar messages coming from all
of our members, they will take notice because
credible professionals are providing them input.
I Don’t Care
MAREI’s Political Advocacy Committee
Keeps You Informed!
MAREInet.com/Current-Issues/
Investment News Page 9
CURRENT ISSUES
Mortgage Interest Deduction
and the Fiscal Cliff: By now
you have seen the many media
reports concerning the “Fiscal
Cliff”. That if our legislators do
not get their own collective heads
out of the sand and start working
together, that rules and regula-
tions are going to have our econ-
omy, falling over the edge of the
fiscal cliff.
Many of the media reports sug-
gest changes to the policy that
has allowed homeowners to de-
duct mortgage interest payments
from their income tax. Some re-
ports point to an elimination of
this very valuable homeowner
deduction and others report to
limiting the deduction.
We urge anyone who has not yet
taken action on this issue to visit
our website to connect with their
proper official.
MO H.B. 296: Contract for
Deed Act: MO Senator Shalonn
‘Kiki’ Curls is soliciting comments
on a proposed bill designed to
reform legislation regarding Con-
tracts for Deed as well as other
forms of creative financing. She
is being assisted in this legisla-
tion being designed to protect
consumers from predatory prac-
tices by Attorney Michael Duffy
with MO Legal Aid.
Similar laws have been enacted
in other states and this one is
being modeled after the law writ-
ten a few years ago in Texas. In
conversations with Texas Attor-
neys and Investors, we have
found that investors in that state
found the law to be very compli-
cated, hard to understand, and
almost impossible to comply with
reporting requirements. Because
of the difficulties in compliance
and the fines and punishments
for lack of compliance, most in-
vestors in the state of Texas
have stopped offering Contract
for Deed.
Remember the proposed MO law
is for all creative financing, so
ours will also affect Lease Op-
tions. So unless we as investors
speak out here in the state of
Missouri we may find ourselves
wih a similar law, which when
combined with the Safe Act could
severely limit and in some cases
halt creative finance sales to de-
serving homeowners who may
not have found any other way to
pursue the American Dream of
home ownership.
Halting or further limiting the
sale of homes in the state of Mis-
souri could hurt the very fragile
housing recovery and economy of
the state.
We urge all members to review
the proposed legislation on our
site and we urge everyone from
the state of Missouri or from
states that already have similar
laws, to both comment on our
site and to direct comments to
the drafters of this bill.
Billing Practices of the Kansas
City Missouri Water Depart-
ment: Being championed by the
L a n d l o r d L e g a l F u n d
(www.LandlordLegalFund.org),
Lanlords across Kansas City Mis-
souri have hired an Attorney to
fight several different issues, the
primary one being the fact that
when tenants do not pay their
water bill, the city is then taking
the bill to the Landlord. If and
when the landlord starts receiv-
ing bills, and request the city
shut off water, the city is refusing
the shut off. The result being
very huge water bills that contin-
ue to grow, that end up going to
court and judgments being
placed against the landlord or the
p r o p e r t y .
We urge all of our memers who
live in the state of Missouri to
take part and watch the situation
closely. What happens in Kansas
City could in turn bring about the
creation of a new bill in MO that
would not allow city owned mu-
nicipalities from billing landlords
for unpaid tenant utilities. Bills
have been introduced regarding
this matter in the state of Mis-
souri several times over the past
few years, yet have not yet
passed. In taking with drafters
of past bills, they feel it will take
efforts like those of Landlord Le-
gal Fund against the Kansas City
Missouri Water Department as
well as ultimately having the is-
sue go all the way to the state
Supreme Court.
We urge our Missouri members
to review the issue online and
send comments on the matter
not only to Kansas City Missouri
City and Water Department Offi-
cials if you live and work in Kan-
sas City Missouri. Plus if you are
a resident of Missouri, let your
state officials know your thoughts
on the matter as well.
See online MAREInet.com/current-issues
Page 10 MAREInet.com
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YOUR MEMBER BENEFITS
AT-A-GLANCE USE THIS PAGE AS A GUIDE TO VALUE ADDED DISCOUNTS TOOLS AND SAVINGS CREATED JUST
FOR YOU ON GOODS AND SERVICES YOU USE EVERY DAY.
E-Update
MAREI’s award winning weekly email
update with what’s happening in real
estate including properties for sale, gov-
ernment affairs and local market data.
Investment News
The award winning newsletter for Mid-
America Association of Real Estate In-
vestors: published monthly and distrib-
uted both in print at our meetings and
digitally to our database of over 5000
people. One of the best ways to get
your message in front of a targeted
group of real estate professionals.
Magazine for the real estate investor. With discount subscriptions for MAREI members and FREE copies available
at our monthly meetings.
Free issues of both magazines
available at the monthly meetings of MAREI.
Landlord Services
Office Solutions
Suppliers
Marketing
News & Information
Investment News Page 11
We have several services as part
of our website to help you grow
your business.
Calendar of Events to stay up to
date with all of our activities.
Browse the member properties to
find your next deal. Take the
time to post your investment op-
portunities for other members
and site visitors to browse.
The Member Library is packed
and ever growing with pdf ver-
sions of entire books, EBooks,
Articles, Forms, and Documents.
Nearly 70% of QuickBooks users say that it makes their business more prof-itable. Get your Accounting on track. Buy at a 20% discount our special links from the MAREI Web Site.
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MAREI’s Political Advocacy Group
actively monitors national legisla-
tion and rule-making that im-
pacts the real estate industry and
harnessing the strength of MAREI
members at the grassroots level.
MAREI mem-
bers also re-
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Page 12 MAREInet.com
The Center for Real Estate Research, part of REAL-
TOR® University funded a study conducted by
Grant Ian Thrall, Ph.D., a professor at the Universi-
ty of Florida, and Thomas Springer, professor of fi-
nance and real estate at Clemson University.
The study found that there all-cash becoming more
prevalent. Which investors have been seeing with
more cash buyers for REO and distressed sales by
investors as well as more cash buyers for owner
occupied homes. Here in Kansas City we have no-
ticed this with more and more people pulling their
cash out of the stock market and investing it in real
estate. We have been seeing this both by private
individuals as well as large hedge funds across the
nation.
With the increase in the number of cash buyers,
investors nationwide have seen increased competi-
tion for the purchase of investment homes. This is
creating HUGE opportunities for investors who can
secure turn key rental housing and other turn key
real estate investments for cash buyers with anx-
ious money leaving the stock market.
With the increased number of cash buyers and the
increased competition the time on the market for
resales has gone down, prices in most cases have
gone up. According to CoreLogic, home prices are
about 5% higher over the past year. CoreLogic also
reports that all sales, both non-distressed as well as
distressed have been rising.
If you look at numbers year to year pricing has
been up every month in 2012 since March. But
keep in mind prices were not extremely high to
begin with and about 20% of all sales are still dis-
tressed. So while things are improving, they still
have a long way to go.
When we go from a national view to our local re-
gion, we see that foreclosures have almost gone
away. From RealtyTrac we see Kansas went from a
high of almost 200 foreclosure sales in June to just
4 in October. Missouri had a high of almost 1200
sales in June to only 61 in October. Nebraska show
several different months with total foreclosure sales
of about 120 to only 1 reported on RealtyTrac in
October.
In a blog post from RealtyTrac, their president
Daren Blomquist tells us that banks are holding
back REO inventory. He quotes the most recent
quarterly 10-Q SEC filing from Fannie Mae that
found two items the show this trend.
First there is a list of reasons that Fannie provides
Housing Trends
Researchers across the country are
pointing to recent housing trends that
Real Estate Professionals have been
noticing for most of the last 1/2 of 2012.
Investment News Page 13
that only 22 percent of it’s REO inventory is being
listed for sale. Second there is a phrase found sev-
eral times in the report that goes something along
the lines of “Managing our REO inventory to mini-
mize cost and maximize sales.” This leads industry
insiders to believe that they are intentionally holding
houses back from the market.
So why are they holding back? Remember that a
lender does not realize the loss on the loan, at lease
from the bean counters point of view is until they
sell the house at a loss. So if they don’t foreclose
and sell the house at a loss, their books don’t show a
loss yet, allowing them to value the asset higher un-
til it is foreclosed. This allows them to defer report-
ing the loss. And what if Fannie and others like
them defer and defer and defer. Or maybe take a
large package of defaulted loans and sell them to a
hedgefund. They will then realize a loss in a differ-
ent part of their P & L and save money by not having
to complete a foreclosure or work out process.
The may also be holding back foreclosures so there
is not a massive glut of houses on the market that
would further depress prices and increase their
losses. So to protect the prices of future homes
they plan to sell, they only let a limited supply go
through the foreclosure and sales process.
So what does this mean for us as investors. If you
rely on bank owned REOs for your property pur-
chases, you are paying more for them, if you can
find one to purchase. Cash buyers are clamoring
for investment properties so if real estate investors
can find a way to supply those homes through
wholesales, bulk purchases from banks, or from
acquiring defaulted notes and obtaining properties
through the workout process, then there is a large
opportunity for profit.
So when is a good time to invest in real estate?
Right now, is a highly lucrative time for the in-
formed investor who knows how to take action.
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Steve Burns: Shawnee Mission, KS (since 2005)
Sandra Deoring: Blue Springs, MO (since 2009)
Walter Deoring: Blue Springs, MO (since 2009)
Kathleen Fitzgerald: Mexico, MO (since 2011)
Jason George: Oak Grove, MO (since 2011)
Dan Goodwin: Overland Park, KS (since 2005)
Shelda Goodwin: Overland Park, KS (since 2005)
Lauren Hruby: Kansas City, MO (since 2011)
Joe Martin: Kansas City, MO (since 2009)
Scott Tucker: Kansas City, MO (since 2010)
John Welchert: Lee’s Summit, MO (since 2005)
Randall Willbanks: Raytown, MO (since 2011)
Renewing Sylvia Gill: Kansas City, MO
Thomas Gill: Kansas City, MO
David Heiman: Lone Jack, MO
Don Hendrix: Topeka, KS
Barry Hudson: Independence, MO
Sean Huang: Kansas City, MO
Charise King: Raytown, MO
James Jackson: Independence, MO
Mark Jones: Shawnee, KS
Doug Lorenz: Lee’s Summit, MO
Rebecca Lorenz: Lee’s Summit, Mo
Kevin Rogers: Lee’s Summit, MO
Alena Vanderwerf: Overland Park, KS
New Members
WELCOME NEW MEMBERS To the premier trade association representing
Kansas City Area Real Estate professionals
MAREI continues its growth with
a total of 312 members to-date.
JOIN NOW (MAREInet.com/join)
Investment News Page 15
INVESTOR
MEMBERSHIP
BUSINESS
MEMBERSHIP
informed MAREI
Professionals
targeted group
Of Clients
From Motivation to How To Optimization of Your
MAREI members are above the
crowd. They participate in an in-
formative newsletter, blog, and
social media experience. They
connect, ask questions, and share
opportunities through our interac-
tive website and live meetings.
Plus they save $100s using the
many member discounts.
MAREI sets the standard for real
estate investor networking and
education, drawing the type of cli-
ent you want to do business with.
Our meetings and online presence
gathers targets the qualified leads
your business needs. But there is
only one way to get in front of
them . . become a Business Mem-
ber today!
$99.00 / year
Additional Member $50
$499.00 / year
Includes Advertising
Page 16 MAREInet.com
When most people thinking of “real estate blogging” they
think of posts like market updates, buyer and seller tips, and way too many “featured” listings.
The term “Hyper-Local Blogging” refers to the practice of writing about topics beyond real estate that effect a
greater percentage of a specific area. I more specifically define it as “Targetted and Consistent Blogging on a Specific Geographic Niche with the Goal of Becoming the Trusted Authority and Dominating that Market in Your Particular Field.”
While we’re identifying this technique as “blogging”, the
same principles can be achieved in other mediums. Face-book Fan Pages devoted to a local city, community, or neighborhood can also thrive when done correctly.
Here are my top 4 arguments for why you should start incorporating hyper-local content into your toolbox.
1) Cast a Wider Net
Buyers are now more interested in the local news, events, and attractions in the area. I get phone calls and emails telling me that they love my blog and have been avid readers for some time now, and they want me to
find them a deal.
There is no competition because I have demonstrated my
knowledge of not just the real estate market, but of the area as well. I have been able to build a level of trust
with them through my writing all-the-while having never written a personalized message to them in my life. It is for this reason that I often recognize my blog as a “lead cultivator” instead of a “lead generator”.
2) They’re Not Just Buying a Home
People don’t just buy a home, they buy a neighborhood with a home in it that they like. Have you ever sold a home to someone that said they hate the neighborhood, but they just love the home? Not me!
When you write about community news and events, you
naturally attract people who are fans of that community. These people can be active buyers, or will be one day.
Is your name on the tip of the tongue of all of your buy-ers?
3) Be a True Expert
There is always blow-back against uses of the word “expert”, “guru”, “pro”, etc. Buyers and Sellers no longer want a Jack-of-All-Trades-Master-of-None, they want someone who knows everything about what they need help with; buying or selling a home in XYZ neighbor-hood!
4) Search Engine Dominance
There’s no doubt that ranking well in Google for “YOUR NICHE real estate” and “YOUR Niche homes for sale” can increase your traffic, but how about
ranking well for names of local businesses, parks, events, news, and just “YOUR NICHE”?
Local interest content is also much more likely to be shared across social networks, meaning greater exposure and the uncovering of even more people who are interested in your niche. Generating quali-ty, natural back-links to your site is one of the most helpful SEO practices that one can do to boost both traffic and search engine rankings, but
it is extremely difficult to do when all you are talk-
ing about is real estate.
If, however, you fill your site with content about local news and events from and insightful, intelli-gent, humorous, and interesting content, then peo-ple are happy to send some business your way. In addition, local interest content is also much more likely to be shared across social networks, meaning greater exposure and the uncovering of even more
people who are interested in your niche.
Hyper Local Blogging
Targeting your blog to specific “Hyper Local”
Areas to Target a Specific Geographic
Niche with the Goal of Becoming a Trusted
Authority to Dominate the Market.
Article provided by Real
Estate and Internet Market-
ing Expert Duncan Wierman
Investment News Page 17
Property Management
Rental Services
Kansas City Metro
www.JamiesonHomeTeam.com
Kevin Jamieson
816-503-4671
The best place on the entire
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Josh Burns
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Bud Whisler
816-380-3441
Page 18 MAREInet.com
“I’m finally in it,” says the savvy investor. I’m finally
in the investment game! He just had his first prime-
time real estate transaction. He’s been thinking
about doing it for years. Finally with these prices,
who can resist. His house is set to close next week.
He wants to sit on it for awhile and let appreciation
and inflation do its work. Although if he can’t afford
letting it just sit there, he should probably get a ten-
ant. Heck, with his low mortgage payment from his
great deal, he might even cash flow with monthly
rental income. That sounds like a great idea. The
more he thinks about it, the more the swirling
thoughts hit him that he would need to worry about
getting the home rent ready, marketing the property,
showing the property, screening the tenant, writing
up the contract, moving the tenant into the property,
doing all the ongoing maintenance, collecting the
rent, praying he would never need to evict the ten-
ant, and this whole time being available non-stop for
any incoming calls or issues. Are you kidding me?
When will I have time to buy my second, third, or
even fourth investment property? What a nightmare.
At the end of the day we all want to be that savvy
investor. The reason we fail is because we end up
taking on too much to save a buck. Where does that
leave you besides more stress, extra weight and less
hair? Do your homework on real estate but leave the
property management up to the experts.
They do it everyday and are worth every penny. You
don’t want that weekend call from your tenant that
the air conditioner is out when you’re out on the lake
with your family. You don’t want to be standing in
lines at the court house trying to file a judgment to
get your tenant out of your beautiful home. These
are all issues you shouldn’t even be considering.
You need to be focusing on that next great real es-
tate deal that is around every corner right now.
This is even more crucial if you are an out of state
investor. So many investors make the mistake that
they can play this game from long distance. I don’t
want to tell you how many sad cases I have seen or
properties I have taken over that have been in this
situation. It is never pretty and is always thousands
of dollars in lost mortgage payments, fix up costs,
and most importantly time. Few investors also real-
ize that most states can fine owners for not having
an in state statutory agent representing them.
These fines can be as high as $1000. There are also
very specific laws that differ from state to state in
regards to the Landlord Tenant Act and what your
rights are as an owner and tenant. This is what I
mean when I say do your homework. Be smart and
get in the investment game.
Just don’t already be losing before you even start
playing. Make a plan and then work the plan.
Reprinted from the AZREIA Advantage. Please visit
their website at AZREIA.org for more information.
The Investment Game
Investment News Page 19
www.APIAProtects.com
1(877) 752-2742
Lisa Goodner
Because APIA sells only Real Estate Owned
(REO) and Forced Lender insurance coverage,
we've become the industry leader in providing
comprehensive, affordable coverage to inves-
tors, financial institutions and mortgage compa-
nies.
Our company specializes in Real Estate Owned
(REO) and Forced Lender insurance coverage
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tutions and mortgage companies. Standard in-
surance companies also turn to us for our ser-
vices.
HOUSES WANTED
South Kansas City
Grandview
Raytown
Rentals Areas Ok
No Rental
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rehab and sell. Money Partners want their money placed quickly so
they can turn their money fast and make a profit. Can’t do that
with out houses! Bring us a deal!
Email: [email protected]
Submit Online: kcmoHomeBuyer.com
Starting in January 2013, there will be two monthly meetings
each month.
► KC Metro South on the 2nd Tuesday of the Month
At Career Education Systems, located inside of the Ward
Parkway Shopping Center, at 8600 Ward Parkway, Kansas
City Missouri. Top Floor of the Mall.
► KC Northland on the 1st Thursday
of the Month
At the North Kansas City Community
Center located at 11999 Iron Street,
North Kansas City, MO - just north of
the River off I-35.
Page 20 MAREInet.com
2803 S Norwood
Independence, MO
$59,900 3 Bed
1 Bath
Crawl
Rental Ready
Ranch in Independ-
ence, MO
Scott Tucker
Realty Resource
816-523-4400
Note for Sale
Secured by Home
In Blue Springs
$140,00 $148500
20 yr
8% Int
$1200
Cash Flow $1200 a
month. Auto Draft
Payment. 3 Pay-
ments made
Don Tucker
GBI Funding
GBIFunding.com
816-523-4400
Kansas City MO
Package
64130
$162,500 4: 2 bd
1: 3 bd
Kansas City Home
Package of 5 Per-
forming Properties
Jamieson Home Team
Reece and Nichols
BuyOrSellYourHomeKC.com
913-384-8331
3843 Thompson,
Kansas City, MO
$9,500 3 Bd
1 Ba
Handyman Special
in North-East
KCMO
Bemate
Sakal Investing
913-735-9997
3766 Mercier ST
Kansas City, MO
$65,000 3 Bd
1 Ba
Fixer-Upper in Roa-
noke—Valentine
Area—$65k OBO
Bemate
Sakal Investing
913-735-9997
Olathe $84,000 3 Bed 3.5 Ba 2 Car
Slab
Great Potential in Olathe!!!
Chad Bartlett HomeRemedyKC.com 913-735-5598
Rogersville, MO Negotiable 4 Units 4 property package
for sale
Kathleen Stegman
913-208-0979
MAREI Member Properties
MAREInet.com/Properties
Investment News Page 21
Raytown $167,000 7 Unit Raytown Cash Flow
Property—
Assignment
Terrance Benson
RTBHomeBuyers.com
816-804-5287
2120 SE 3rd St
Lee’s Summit, MO
$135,000 3 bed
2 bath
Raised
Ranch
Great home for your
home buyers, lease
to own tenants, or
cash flowing rental.
John Welchert
Broker / Salesperson
Platinum Realty
816–522–0002
6149 Harvard
Raytown, MO
$89,900 4 bed
3 Bath
2 Car
Short Sale, Local
Bank. Bring Offers.
Second Living Qtrs in
Lower Level
Scott Tucker
Realty Resource
913-620-794
12019 E 86th St
Kansas City, MO
Raytown Schools
$157,900 3 Bed
2.5 bath
2 car
Unfin
bsmt
For your owner occu-
pant buyers; Patio
Home, Maintenance
Provided on Golf
Course
Scott Tucker
Realty Resource
913-620-794
Member Property Marketing Quick Tips:
The more words about the type of property, the type of sale, and the city and state that you
include in your post, the more likely a person searching online will find your listing
Be sure to include a Photo as the featured image and a tag line that tells people why they
would benefit from buying your property: rent ready, monthly cash flow, low rehab costs,
high equity, turn key—what ever. “123 main street, 3 bed, 2 bath in KCMO does not sell a
house, tell them why they should look at your house”
The HTML code provided to other sites does not always create a good post on the MAREI page.
So if you use HTML, be sure to see what your property looks like on the main property page
that lists all the properties together as well as on the page for the property. Go back and edit
if you don’t like what you see. And HTML from other sites does not allow us to feed your prop-
erty to the social media sites. Just an FYI!
Last we do need a property address. If you don’t provide and address, we can’t publish.
DEMBER GIFT FOR
MAREI MEMBERS
There are three things that every Real Estate
Investor must do . . .
1. Learn How to Put Together a Deal
2. Market Your Business
3. Fund Your Business
For the month of December, MAREI would like
to help their members with #3, Funding.
While we have a packed library that will help you with all aspects of real estate investing, for the
Month of November we would like to feature two items found in MAREI’s Online Library:
How to Get the Money You Need to Buy Property (Buy at Amazon $9.97)
This is a 27 Chapter eBook that walks you through the steps that Real Estate Investor
Alan Cowgill takes to find Private Lenders to fund his deals.
Tax Free IRA Investing (Buy from Walter, full Course $297)
This is a 10 Video Course with Workbooks from Self Directed IRA Real Estate Investing
Expert Walter Wofford, we have the first 5 beginner sections. The next 5 more advanced
topics can be purchased.
So where can you find this great information?
Go to www.MAREInet.com/members-only/training/
You will need to log into the system
This is a $160 value, way more than the cost of membership!
Monthly Meeting
MAREI’sMAREI’s December Meeting
Special GuestsSpecial Guests
Dan GoodwinDan Goodwin
Scott Ficinus Scott Ficinus
Deb FelderhoffDeb Felderhoff
Location:
Career Education Systems
Ward Parkway Shopping Center
Top Floor
8600 Ward Parkway
Kansas City, MO
Times:
Tuesday December 11
6pm to 9pm
Agenda for Tuesday December 11
5:30 pm — Pre-Meeting & Set Up
5:50 pm — Orientation
6:00 pm — Networking & Vendor Hall (reserve vendor table)
7:00 pm — Speed Networking
7:15 pm — Presentation: Top Three from Three
with Dan Goodwin, Scott Ficinus and Deb Felderhoff
8:30 pm — Wrap Up and One on One Q & A
9:00pm — Meeting Ends
Cost
Investor Member—No Charge
Business Member—No Charge
Internet Member—Guest Fee
Guest Fee
$25 Per Person at the Door
$15 Per Person on Web
Go to
MAREInet.com/December
All Guest Fees Paid will
Be credited toward membership
when you join at the Meeting.
Register for this meeting NOW!
MAREInet.com/December
December Event!
We have a wealth of knowledge in our MAREI membership and in December we have invited some of our top experts to share some of that knowledge with you. So be sure to attend, ready to take notes and get some very useful information.
Top Three Phone Aps: Dan Goodwin will be sharing his top three aps that we can all implement on our smart phone and or computer, tablet etc.
Top Three Real Estate Industry Trends: Scott Ficinus is going to be sharing part of a presentation that outlines some of the top trends right now in the Real Estate Industry.
Top Three Mistakes New Investors Make: Deb Felderhoff is going to be sharing the Top Three Mistakes that she sees many new investors making.
Subscribe & Sync
MAREInet.com/Calendar
The MAREI calendar is hosted on Google Calendars. This allows you to subscribe
to our calendar and sync it with your own Google Calendar, Mobile Calendar, or
Outlook Calendars. Check calendar for times and locations.
December 2012 Sun Mon Tue Wed Thu Fri Sat
1 Quick Books
SG: Blue Springs /
Independence Inv.
Wichita REIA
2
SG: Lees Summit
Investors Network
3
4
5
SG: Weekly Wed.
Networking
6 7
SG: Connected Inves-
tors—NEW
8
SG: Blue Springs /
Independence Inv.
9
SG: Lees Summit
Investors Network
10
Deadline: Vendor
Tables for KC South
Meeting
11
MAREI KC South
Meeting
12
SG: Weekly Wed.
Networking
13
KCIG Meets
Shawnee County LL
14
Deadline: Properties
& Articles for January
Newsletter
15
SG: Blue Springs /
Independence Inv.
16
SG: Lees Summit
Investors Network
17
Omaha REIA
18 19
SG: Weekly Wed.
Networking
20
21
22
SG: Blue Springs /
Independence Inv.
23
SG: Lees Summit
Investors Network
24 25 26
27 28
January
Newsletter Published
29
SG: Blue Springs /
Independence Inv.
30 31 1 2
Deadline: Vendor
Tables for KC North
Meeting
3
MAREI KC North
Meeting
