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The monthly newsletter for Mid-America Association of Real Estate Investors. Offering Networking and Education for area Real Estate Investors. Find us online at www.MAREInet.com.
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Investment News
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
July 2012
NETWORKING : EDUCATION : COMMUNITY : GOVERNMENT
Page 10
July 10th: Meeting - Open Mic , Small Meeting
August: Meeting - Lease Options with Marc Delatour
August Event: Investing in Kansas City
MAREI wins Awards of Excellence at National REIA Mid Year for 2nd Year in a Row!
Real Estate Investors are
fueling the housing recovery.
Our industry as a whole is
very healthy and growing.
Are you getting your piece
of the pie? Are you doing
your part to grow our
industry? Now is the time to
get in before the tide turns!
Page 2 MAREInet.com
Page 3 Business Members Build your team with our Service Providers & In-dustry Partners Page 6 Directors Notes: Awards and Ethics
Page 8 Monthly Meetings Who, What, When, Where & Costs. July Meeting Open Mic Night
Page10 Benefits at a Glance Save with Discounts Page 12 Obama Care And the Small Business Owner
Page 14 Code of Eithics MAREI members do you have one? Page 15 Welcome
New & Returning Members Page 16 Membership Options Join Now
Page 18 Calendar of Events Schedule Now Page 20 The Opportunity For Real Estate Investors Page 22 For Sale Member Properties
Page 24 MAREI Website Posting in the Forum
Page 24 Mid-West Real Estate Investor Expo
contents
Investment News Page 3
BUSINESS MEMBERS
MAREI Business Members are here to serve you in your Real Estate Business.
They specialize in Real Estate Professionals and have joined our association as a
Business. You can find out more about each of our Business Members at
www.MAREInet.com/Services . Don’t see a service you need? Ask on the Forum!
Alarm Systems
www.DevconSecurity.com Gary Hartman 913-991-1612
Your Company Here
$499 annual
Or $135 a Quarter
Foundations
Cornerstone Foundation Joe Williams
913-220-5253 CornerstoneFoundationRe-
Insurance
www.APIAprotects.com Lisa Goodner
1-877-752-2742 [email protected]
Insurance
www.NREInsurance.com Jim Jrolf
913-915-3232 1-888-741-8454
Investors
www.kcmoHomeBuyer.com The Tuckers
816-200-2198 kcmoHomeBuyer.com
Investors
Profit-Ability Consulting Group
Mark Pantak 832-766-6997
Property Management
www.abraxasmgmt.com Meka Cayce
816-474-8800 [email protected]
Property Management
www.JamiesonHomeTeam.com Kevin Jamieson 816-503-4671
kevin-
Property Management
www.MyPremierleasing.com Jeff Wood
816-841-9500 [email protected]
Real Estate Brokerage
www.RealtyResourceKC.com Kim Tucker & Staff
816-523-4400 [email protected]
Staging
www.ShowHomesKC.com Michelle Davis 913-449-3593
Suppliers: Building
www.CabinetGiant.com Josh Burns
1-877-484-4268 [email protected]
Title Company
www.AccurateTitleCo.com Jackie White / Mary Peterson
913-338-0100 [email protected]
Title Company
www.Coffeltlandtitle.com Bud Whisler
816-581-2299 [email protected]
Page 4 MAREInet.com
read anytime
Read the Investment News anywhere, anytime, on your
iPad, Mac and PC:
MAREInet.com/Newsletter
Look for us Online
Search for
“Kansas City Real Estate Investors”
Contact Information
PO Box 8685, Prairie Village KS, 66208
Phone: 913-815-0111
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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To subscribe
Investment News Page 5
MAREI STAFF
& Volunteers
Executive Director
Kim Tucker
Investor : Realtor
Advisory Board
Donald Tucker
Investor
Focus Group Leader: Blue Springs / Lees Suumit
Debra Felderhoff
Landlord : Investor
Focus Group Leader: Weekly Wednesdays
Michelle Winberry
Investor : Realtor
Focus Group Leader: Weekly Wednesdays
Brian Winberry
Investor :
Focus Group Leader: Women in Real Estate
Focus Group Leaders: Transaction Engineers
Focus Group Leader: Notes / Seller Finance
Advisory Board / Membership Desk
Scott Tucker
Realtor
Advisory Board / Membership Desk
Dan Goodwin
Realtor : Short Sales
Advisory Board / Membership Desk
Shelda Goodwin
Realtor : Short Sales
Advisory Board / Membership Desk
L. Scott Ficinus
Realtor
Advisory Board / Membership Desk
John Welchert
Realtor : Investor : Landlord
Focus Group Leader: Young Professional Investor
Focus Group Leader: Commercial
Focus Group Leader: Advanced Investors
MAREI also renewed their Chapter Membership
with National REIA, which holds your local asso-
ciation to a much higher standard than the av-
erage real estate investor association. We must
uphold our code of eithics, offer education to
our members, provide events to reach out to
the general community and keep our members
informed and involved in our government af-
fairs.
As a member of MAREI you have probably taken
part in our educational events. If you attended
our June meeting, you helped provide1,380
meals through Harvesters Community Food Net-
work, one of our Community Groups we have
affiliated with. And over the past few months
you may have called your legislator on Flood
Insurance and may also be participating in our
effort to change the laws in Kansas City Missouri
regarding Water Bills. But you may not have
read our Code of Ethics Recently. We want to
make sure that you have read the code that is
posed on our website, is included in your printed
and digital membership packages and is printed
on page 16 of this newsletter.
Last we made a lot of great contacts that will
allow us to keep growing MAREI and bringing
our members the best in training, products and
services.
See you next Tuesday at the Meeting
Kim
Welcome to the premier real estate investor as-
sociation in Mid-America. For the past two years
Mid-America Association of Real Estate Investors,
MAREI, has been recognized for its services and
support of Real Estate Investing in the Mid-West
and Across the Country. In 2011 MAREI won the
award of Honor of Merit for their Electronic Com-
munications and for Membership Development in
a mid-sized group. This past month MAREI was
awarded Honors of Merit awards in four catego-
ries: Electronic Communications for our E-
Update Newsletter and Social Media Programs,
Print Communications for our Newsletter and
many printed brochures, Government Affairs for
our effort to keep our members informed and calls
to action on important items, and for Finance in
finding new ways to create new sources of fund-
ing to keep our membership prices low.
Page 6 MAREInet.com
Director’s
Notes
2012
Investment News Page 7
Be sure to
Join Now
(Or Renew)
Go online at
www.MAREInet.com
For everyone that joins now or at the meeting
on Tuesday we have several free giveaway
items for you to choose from:
Buying Real Estate without Cash or Credit
(Peter Conti & David Finkel)
How to Create Multiple Streams of Income
Buying Homes In Nice Areas with Nothing Down
(Peter Conti & David Finkel)
Property Management
Section 8 Housing
KC Metro Wide
Jeff Woods
Broker
www.MyPremierLeasing.com
816-849500
Sell Vacant Houses Faster
and for more money!
ShowHomesKC.com
Michelle Davis 913-449-3593
How? We transform vacant houses - often
seen by buyers as stale, lifeless, unappealing -
into fully-furnished, inviting, valued Show-
homes. Now in our third decade of service to
Homeowners and their Realtors, we've become
America's premier home staging service coast-
to-coast.
Our professional home staging services can add thousands of dollars to your sale price -- and at the same time reduce the stress and expense of mar-keting your property.
Management Solutions
to help your properties
Operate Smoothly
Increase Desirability
Enhance Investment Value
Attract & Retain Tenants
Find us Online
www.AbraxasMgmt.com
816-474-8800
Page 8 MAREInet.com
What happens at a MAREI monthly meet-
ing. Where do I go? What should I
bring? What happens?
We currently meet on the 2nd Tuesday of
the month at Career Education Systems
(www.CESKC.com) that is located inside
of the Ward Parkway Shopping Center in
Kansas City Missouri. Park on the State
Line side of the mall, use the main en-
trance and you should find Career Educa-
tion across from Starbucks.
You should prepare a bit to attend this
meeting. This is a place to meet people
and do deals. If you offer a product or
service, please bring business cards or
create a flyer or brochure. We a general
marketing table where all attendees may
place a stack of materials. Note we do
limit to 1 stack, have more to promote,
then reserve a marketing table. We also
recommend brining a small notebook to
take notes or a new tech tool to take
notes through out the meeting.
What happens. As you walk in we have
a check in table. MAREI members will
need to check their name off the roster
and pull out their name tag and wear it
through out the meeting. New mem-
bers and guests will want to check in at
the registration table and pay their fees.
You will need to pay $25 at the door or
save and register online on our calendar
of events for $15. Any fees that you
pay to attend a meeting can be applied
toward a full membership should you
join that night. We also have a bonus
for those joining at the meeting or in
advance of the meeting.
After checking in, find our general mar-
keting table and place your flyers, bro-
chures or what ever it is that you
brought with you. Then work your way
August Meeting
Please join us at the August Meet-
ing when we welcome Kansas
City’s own Marc Delatour. Marc is
a provider of turn key options for
investors through his partnership
program to offer lease to own
homes in Kansas City. Join us to
learn his investing game plan.
Don’t miss this event!
Monthly Meeting September Meeting
In today’s market, many investors
are offering homes lease to own,
contract for deed or seller financed.
This month we take a look at what
happens when the deal fails and you
have to get your tenant buyer out of
the home. We are talking the when,
where and how of foreclosure.
July Meeting Note due to the July meeting
falling on the same night as
the All Star Baseball Game,
we are hosting an Open Mic Q
& A night that will be moder-
ated by our director. Bring
your questions and come pre-
pared to participate.
Investment News Page 9
around the room and find
out what each and every
one of the vendors have to
offer. Register for any give
aways.
Next we suggest you take a
bit of time and brush up on
your networking skills be-
fore you attend a meeting.
We have a full hour from 6
to 7 where attendees can
work the room to meet as
many new contacts as pos-
sible. Feel free to introduce
yourself to everyone and to
collect business cards.
At 6:30 we usually have a
very informal new member
orientation where we go
through all of the benefits
we have for our members
and answer questions about
MAREI. This is a short 15
minute session.
At 7:00 we usually have a
short mini speed network-
ing where we break into
groups and take 15 minutes
for everyone in the group
to take the time to meet
each other and exchange
business cards. We try to
do this every meeting al-
though sometimes it just
does not fit our format.
At 7:15 we take our seats
and introduce the guest
speaker or speakers. Our
presentation is always an
educational presentation,
not a sales pitch, where you
will have the opportunity to
learn. Our speakers run till
8:30, when we end the
presentation and have the
speaker available for more
one on one questions. We
also have further network-
ing from 8:30 until 9:00 as
well as issue the Profes-
sional Housing Provider
Certificates for the evening.
Last we collect the member
name tags at the end of the
evening so they have them
for the next meeting.
Meeting
2nd Tuesday of the Month
Career Education Systems
Ward Parkway Shopping Center
8600 Ward Parkway
Kansas City, MO
Park on State Line Side
Networking 6 to 7
Meeting 7 to 8:30
Non-Members $25 at Door
Pre-Register Online $15
Page 10 MAREInet.com
Learn how to save money at Home De-pot and register for a 2% Rebate for all
purchases & rentals across the US. Plus 20% Discount on Paint in Kansas
City.
All members receive a discount card to access our exclusive discounts up
to 40% off all paint, supplies, and flooring—nationwide.
Websites for investors, landlords, and
other services. FREE trial.
Email and Social Media Marketing, Free
Trial and Discounts for paying in ad-
vance.
Screening for tenants & workers with 20% discount for members.
Electronic collection for bounced rent checks. No charge to you.
FORMS & DOCS
Member Library is packed with forms and docs, plus 15 % discount at EZ Landlord Forms for premium forms.
Market your rentals on the nations top ranked rental site. Member discount
is 20% off Regular Prices.
Save on select FedEx Office copy and print services up to 20% and on
FedEx Shipping up to 22%.
Receive discounts up to 65% on over 12,000 products you use the most
online and in store.
MAREI’S MEMBER BENEFITS PROGRAM
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.
Discount card for all members providing
a 10% discount on all services..
E-Update
Our weekly email update with what’s
happening in real estate including
properties for sale, government af-
fairs and local market data.
Investment News
The newsletter for Mid-America Asso-
ciation of Real Estate Investors: pub-
lished monthly and distributed both in
print at our meetings and digitally to our
database of over 5000 people.
Magazine for the real estate investor. With discount subscriptions for MAREI
members.
Continued . . . .
Landlord Services
Office Solutions
Suppliers
Marketing
Service Provider
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 40% discount through Na-
tional REIA.
REAL ESTATE BOOKS
The nation’s largest provider of
real estate training materi-
als, DEARBORN is America’s
Premier Real Estate Pub-
lisher. Members receive up to
40% off.
Special member discounts for
members at Avis, Budget, and
Enterprise Rentals.
MAREI’s Government Affairs ac-
tively 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-
ceive timely
Calls to Action
when there is a
time for our
members to
take action on an important vote.
Members also
have access
to the latest
in Market
Data.
Other Discounts
VISIT
ww.MAREInet.com
Look under Resources -
Discounts
Member Service
Page 12 MAREInet.com
earned income, now ex-
empt from the payroll
tax, would also be sub-
ject to a 3.8 percent
levy. “
And this 3.8 percent
levy has sparked a ton
of blog posts. Reading
a post on BiggerPock-
ets.com from Chris
Clothier I found an ex-
cellent explanation of
the 3.8 percent levy.
“In the healthcare bill,
there is a new tax cre-
ated on investment in-
come for high income
households and it is
called a 3.8% Medicare tax. This tax will not effect all
investment income and will not effect all real estate
transactions. It is not a sales tax, but a levy tax
against profit on certain transactions that meet a high
threshold. . . . Parameters . . . First of all, it is a tax
that will only be imposed on households with a com-
bined income above $250,000 or individuals with an
income above $200,000. Regardless of the transac-
tion, this is the first stipulation that must be met and
excludes about 97% of all U.S. households. From
there, well you definitely get penalized for making
good business decisions!
The next stipulation is that you must make a return on
the sale of the investment property above the capital
gains threshold which is $250,000 for individuals and
$500,000 for couples. That is a high threshold. At
that point the tax does kick in, but only applies to the
amount of income above the exclusion. For instance,
if you sell a property and earn a $550,000 return as a
couple, you will be subject to a 3.8% tax on $50,000
provided your adjusted gross income is above
$250,000 for the year. If not, then there is no tax.”
Now all of this maybe a huge exercise in the wasting
of time, if the Republicans get their way and the presi-
dency as they may repeal all the laws.
So how is this all going to affect me, as a small busi-
ness owner? I am sure it is going to cost me more in
paperwork and money spent paying someone to read,
understand and fill out that paperwork. Couldn’t they
just make it simpler and cheaper rather than subsidiz-
ing it and giving me tax credits for it?
Kim Tucker—Kansas City Real Estate Investor and
MAREI Director .
As Small Business own-
ers we have been tak-
ing a wait and see ap-
proach to Obama Care
and the new Health
Care Law. With the Su-
preme Court taking a
stand that we can’t be
forced to buy anything
we want, but we can be
taxed if we choose not
to, it looks like we have
to take a look and see
what’s going to happen.
Now I am not an expert
and have not read the
law, but I am pretty
good at using Google
and then reading and absorbing what I find.
So first off, as a small business owner with fewer than
50 employees, I am not require to provide Health Care
and am exempt from the ruling. But should I want to
offer insurance to my employees as a part of their
compensation package, then based on all the articles I
am reading, I will probably have to pay more for it as
time goes on that I would today.
Next as a small business owner, most of us are self
employed. This requires us to provide ourselves with
health insurance or pay a penalty. We can’t be denied
coverage and if we are below an income threshold, we
can apply for Medicare.
Also as a small business owner, providing insurance to
our employees, we are supposed to qualify for tax
credits. The IRS website says “ Small employers that
pay at least half of the premiums for employee health
insurance coverage under a qualifying arrangement
may be eligible for the small business health care tax
credit. The credit is specifically targeted to help small
businesses and tax-exempt organizations that primar-
ily employ 25 or fewer workers with average income of
$50,000 or less. “
Congressional estimates put premiums being 10 to
13% higher by 2016. But they also estimate that
most people would qualify for subsidies that would off
set our costs.
From the New York Times we learn:
“A family of four with an income less than about
$88,000 can get tax credits, on a sliding scale, to help
them pay insurance premiums and deductibles. High-
income earners — families making more than
$250,000 — will pay several thousand dollars more in
Medicare payroll taxes starting in 2013. Their un-
Page 16 MAREInet.com
As MAREI works to uphold the Real Estate Investor
Industry in the Mid-West, we require that all of our
members and affiliated business take the time to
create and follow a code of ethics that will further
help to promote and support a strong Real Estate
Industry.
MAREI’s Code of Ethics is as follows:
MAREI members are expected to be civic minded
and willing to operate with high standards of hon-
esty and integrity. It is our duty to conduct our-
selves with the highest principles of the free enter-
prise system. We strive for MAREI to be synony-
mous with competence and fair-
ness. As MAREI members,
we hereby bind our-
selves to this
code of ethics:
1. We
shall not
discrimi-
nate
against
any person
with regard
to race, color,
religion, age, na-
tional origin, sex, handi-
cap or familial status as de-
fined by current Kansas, Missouri, or Ne-
braska law.
2. We shall recognize that real estate is a service
related industry.
3. We shall refrain from engaging in any illegal
practices, or defrauding any member, customer, or
association, with the aim of always conducting busi-
ness in a professional manner.
4. We shall endeavor to stay informed and up-
dated on matters affecting housing in our commu-
nities, and adhere to local, state and federal laws.
5. We are individually responsible for our own
due diligence and continuing education. Members
are expected to verify any and all assumptions re-
garding business decisions to prevent falling victim
to fraud, misrepresentations and illegal practices.
Further, if any allegations of conduct considered
detrimental to the purposes and interest of MAREI
are received in written and signed communication
to the management, we will consider the mat-
ter. Should a decision to take fur-
ther action be made, a
furnished copy of
said allegation
(s) to the ac-
cused, who
shall be
given
adequate
time to
re-
ply. There-
after, manage-
ment shall take
such further action as
it may deem property and in
accordance to this code of ethics.
By implementing a code of ethics in your business,
you help your fellow members present a steadfast
adherence to strict moral code in our industry and
help us raise our industry to a professional, re-
spected industry across the country. This in turn
helps us present a strong and well respected voice
at the local, state and national level when it comes
time to speak out to community and government
officials on issues that affect our industry.
What’s Your Code?
Investment News Page 15
► Michael Benson: Kansas City, MO
► Sandy Blake: Lee’s Summit, MO
► Benjamin Casad: Prairie Village, KS
► Tim Champaign: Kansas City, MO
► Patrick Cobb: Blue Springs, MO
(internet)
► Robert Dodge: Lee’s Summit, Mo
► Venita Fain-Siffre: Kansas City, MO
► Lessie Liggans: Kansas City, MO
► Mike Moeller: Independence, MO
► Rapheal Pickett: Independence, MO
► Jill Saighman: Blue Springs, MO
► Daniel & Cathy Stueckemann: Bonner
Springs, KS
► Jason Walker: Independence, MO
► Ida Wallace: Grandview, MO
New Members
► Richard Brewer: Belton, MO (since 2006)
► Ray & Wendy Eaton: Liberty, MO (since 2010)
► Steve Kolb: Kansas City, MO (Since 2007)
► Venus Lehner: Greenwood, MO (Since 2011)
► Bryan McDonald: Independence, MO (Since 2010)
► Rick Romines: Independence, MO (since 2011)
► Russell & Sue Robertson: Kansas City, MO
(Since 2008)
► Kevin Smith: Overland Park, KS (since 2009)
► David Stewart: Overland Park, KS (since 2007)
► Kelley Weston: Lee’s Summit, MO (since 2007)
Renewing
Business Members
► Accurate Title Company—Since 2005
► Cornerstone Foundation—New Member
Membership options have been changing quite a
bit here at MAREI and we wanted to update you
on them.
Starting with our Standard—Investor Member-
ship. This is a membership for an individual per-
son and includes:
► Attendance at our Monthly Tuesday Meeting
► Access to all Protected Areas of the Website
including: Library, Forms & Contracts, Fo-
rum, and all other online Resources
► Ability to submit blog posts and properties for
sale on our website.
► The many discounts listed on page 10 & 11
► Discounts to paid events.
► Ability to participate in our industry certifica-
tion program.
This level of membership is $99 annually for one
person and auto renews after 365 days at $90.
You can add a business partner or spouse or
child for $50, up to 3 extra people.
We also offer this same membership individually
for a monthly recurring fee of $12 with an initial
fee of $15 or a quarterly recurring fee of $30
with an initial fee of $35.
We also offer an internet only membership for
our out of area members who do not wish to at-
tend our monthly meetings. This includes all the
same benefits and discounts of membership, ex-
cept the monthly meeting is not included. Inter-
net members can still attend the monthly meet-
ing for the $25 fee at the door or $15 through
our website. This membership is only a $50 an-
nual fee and auto renews in 365 days for $45.
We are currently reaching out to small groups
that meet in Kansas, Missouri and Omaha to for-
mat a cobranded membership that links our $50
internet membership with a full membership to
the small local group. This is in an effort to help
the smaller groups grow and support our industry
in our area by offering their members access to
our tools, while the local group provides the local
live networking that is very vital in our industry.;
For those who offer a product or service that the
real estate community would benefit by purchas-
ing and who want to reach out to our industry,
we suggest a business membership at MAREI.
This is a membership for the business rather than
the individual person and includes all the same
benefits as the Standard Investor member and
includes two name badges to attend the monthly
MAREI meeting. The Business Membership also
includes an advertising piece that includes ads in
this newsletter that is printed and handed out at
our monthly meetings as well as created digitally
and posted online and emailed out to our data-
base of over 5000 people. With all of our re-
sources our newsletter is presented to over
10,000 people. Business members are also
posted on our website in our service provider
section and included on a rotating bases in our bi
weekly E-Update. We also currently offer our
business members 3 free Vendor Tables during
our networking time at our monthly meeting.
Business memberships are $499 annually or we
can divide this up to quarterly payments of $135
a quarter, with a starting fee of $149.
To find out more about memberships and to join,
please visit our website: www.MAREInet.com
and review the membership tab.
Page 18 MAREInet.com
Membership
Options
Investment News Page 19
HOUSES WANTED
Built After 1950
Minimum 3 Bed, 1.5 Bath
Eastern Jackson County
MO or Johnson County KS
Retail Value $100k-$200k
No Rental
Local Cash Buyer Looking for 2 to 4 Houses a
month to purchase, rehab and sell. Money Part-
ners 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
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
for property investors, servicers, financial insti-
tutions and mortgage companies. Standard in-
surance companies also turn to us for our ser-
vices.
Www.CoffeltLandTitle.com
Bud Whisler 816-380-3441
For title, escrow,
1031 & foreclosure.
For Investors By Investors
In this market, you want an agent on your side that has the knowledge, the ability,
the EXPERIENCE,
and the resources to help you!
Realty Resource
8014 State Line Rd, #210
816-523-4400
www.RealtyResourceKC.com
Page 18 MAREInet.com
Weekly Groups:
Lees Summit Investors: Sundays at 9am at the Panera Bread on Chipman Road in
Lee’s Summit, MO.
Wednesday Investors: Wednesdays at
Waids at 103rd & State Line in Kansas City, MO.
Blue Springs / Independence Investors
Saturdays at 4pm at the Panera Bread on 40 Highway in Independence, MO
All weekly groups meet a a local dining es-tablishment. It is required that all attendees
purchase something to pay our host location for the use of their space. We request that
attendees to weekly events be a member of MAREI so you can access all the tools they
discuss.
Monthly Groups
Wichita Investors: Meet the 1st Satur-
day of the Month at the Keller Williams
Office in Wichita, KS.
MAREI: Meets the 2nd Tuesday of the
month at Career Education Systems inside
of Ward Parkway Shopping Center, Kan-
sas City, MO.
Omaha REIA: Meets the 3rd Monday of
the Month at Community Center at 3534
South 108th Street Omaha, NE 68144
CALENDAR OF EVENTS
Locations, Costs & Registration
www.MAREInet.com/Calendar
July Meeting: Open Mic Night for Q & A on July 10th. Moderated. De-
tails & Registration at MAREInet.com/July Free for members. Fee for
non-members
Beginner Fast Start: Are you a beginning investor? Not sure how to start,
where to learn, what to ask? Then join us for our Beginner Fast Start to
Success Workshop on Saturday July 14th in Kansas City, MO. Details and
Registration: MAREInet.com/FastStart Fee
Realty 411 Event: Is your target market the out of state investor? Then
you need to attend this Saturday event on August 25th sponsored by Re-
alty 411. See Back Page for more info. Free
Investment News Page 23
On Demand Training
30 Minute Segments
Top Investor Trainers
From the Comfort of
Your own Internet Connection
$39.00 Training Courses
REO & Lease Option
Creative Financing
Automated Investments
Auctions & Foreclosures
Short Sales
Wholesaling 101
www.MAREIU.com
Property Insurance for
Rental, Vacant & Construction
Residential & Commercial
Pay-As-You-Go
Jim Jrolf
Toll Free: 888-741-8454
Direct: 913-951-3232
NREInsurnace.com
MAREInet.com/NREIG www.AccurateTitleCo.com
913-338-0100 phone
Title Services Provided for:
FSBO, Wholesale, & REO Transactions New Construction Closings Commercial Purchases and Refinance All Types of Loan Closings 1031 Exchanges FHA, VA, USDA, Conventional Loans, and
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Page 20 MAREInet.com
the Opportunity
Real Estate, the Economy & YOU!
► Resale Investors are unhappy with the prop-
erty acquisition (48%), and disposition process
(39 %.) Things which are important and frus-
trating to traditional homebuyers/sellers: time
on the market (73%), marketing the property
(50%), cost of sale (38%) and asking price to
final sale price (31%) also affect investors.
► 21,000,000 households are housed in single
-family rental homes and less than four-door
multifamily properties owned by individual
Americans as investments. This asset base in-
creases 5% per year. The majority of these
individuals or family businesses do not define
themselves as real estate investors.
► Investors purchase more than 1.2 million
single-family dwellings intended as invest-
ments in 2011.
Andrew Waite the publisher of Personal Real es-
tate Investor Magazine writes that “The individual
real estate investment community as a group has
not been well represented in the industry or the
media.”
The industry as a whole is looked upon as shady,
late night infomercial, get rich quick hucksters and
slum lords. But this is very far from the actual 90
percent of real estate investors who are quietly
acquiring property and providing housing across
the country.
In the past, the service industry primarily wanted
to work with homeowners, because of the stigma
on the industry. But this is changing as the inves-
tors more and more are turning to groups like
MAREI for professional education. Also with the
decline in owner occupied sales, the service indus-
try is getting educated and licensed to provide
Professional Property Management Services to the
local, out of state and more and more to the inter-
national real estate investor.
This can be seen in a major way as The Home De-
pot in the past year has formed an alliance with a
number of association and investor friendly busi-
As a real estate investor, you and all of those like
you from across the globe are indispensable to
the US economy and the recovery of the US Hous-
ing Market.
National Real Estate Investor Magazine and Real
Trends Magazine along with some sponsors, like
MAREI’s own sponsor Home Depot conducted a
study this spring and came up with some interest-
ing statistics:
► Individual Investors rent to 21 Million Ameri-
can Households.
► Investors buy 1.24 Million Investment Homes
Annually.
► They hold $2.3 Trillion in Residential Assets.
► 83% of investors are Landlords versus Resale
Investors, but 65% of the Landlord Investors
plan to sell in the future when the market re-
covers.
► Investors have cash. 63% use cash or some
combination of cash, hard money, or tradi-
tional lending. There is a $113 billion lending
need in 2012 and growing.
► Investors are important for real estate sales,
lender and other professionals as each inves-
tor represents 3 transactions in a typical year.
General public buyers/sellers represent 1.7
transactions over 7-years (typical residence
change/upgrade cycle). Investors are worth
21 transactions vs. only 3.4.
► Investors spend lots of money. Repairing,
renovation and “making-ready” between rent-
ers. A total of over $9 billion a year.
► Among the aspects of business that the
Renter Investor is dissatisfied with are manag-
ing investments personally; particularly finding
the right property to buy (65%) financing
(42%) and managing the process of getting a
renter.
FREE copy of the July /
August Issue of
Personal Real Estate
Investor Magazine at
the June & July MAREI
meetings.
Investment News Page 21
nesses, like National REIA and all
of their affiliated Chapters and
Members. They are currently
working on a mobile “app” to
help the investor assess a prop-
erty for needed repairs.
So what does this mean for you
as a real estate investor?
1. You have a huge opportunity
to make a great profit in the
real estate industry as we still
work to improve the housing
economy. But you do need to
act now, as many experts be-
lieve we have hit the bottom
and are on the way up. In
some markets like Phoenix,
Las Vegas and Miami their
market and prices are start-
ing to go back up.
2. If you don’t have your niche
perfected, take time to edu-
cate yourself and form pro-
fessional alliances with strong
industry providers to help you
grow your business.
3. Don’t discount yourself. As
the numbers show, the real
estate investor industry is
spending millions, billions,
maybe even trillions. So
keep that in mind.
4. Keep an eye on your local,
state and national govern-
ment and let your officials
know when they are getting
out of line and remind them
that you are a part of local
and national associations that
represent millions of dollars
spent on housing and related
service industry that is pro-
viding millions of jobs and
taxes.
5. Remember you don’t have to
limit your investing in your
own backyard. If you live in
an area where opportunity
does not exist, look to mar-
kets like Kansas City.
6. And for those of you in oppor-
tunity markets, you have a
huge opportunity to align
yourself with out of area and
out of country investor buy-
ers.
At the reception National REIA
mid year convention many of the
Midwest REIAs like MAREI started
excellent discussions with REIAs
that cater to West Coast and Out
of Country Investors.
Some key topics of these discus-
sions included:
► Out of country investors, like
those in Australia know that
today is the opportunity of a
lifetime to build real wealth
with US Real Estate.
► Many out of country investors
have purchased several or
even many US properties and
are telling their friends about
the opportunity.
► They are facing the same
problems local investors find,
finding good, quality, low
priced product that offer
great rental returns while bal-
ancing that against vandal-
ism, high turnover and the
cost of brining a vacant prop-
erty back into productions.
► Many out of country investors
as well as investors from hot
markets in the US are facing
their own housing bubble with
housing being so high priced
that they can only hope to
invest in their local market for
tax benefits and appreciation
over time because they only
have negative cash flow.
► Also many out of country in-
vestors have much more
strict lending guidelines at
home, making the US mar-
kets that much more attrac-
tive.
► By investing in the US, these
out of country buyers can get
tax flow, appreciation AND
positive cash flow.
► Most are looking for nice solid
rental properties with high
returns, easy acquisition, and
no hassle management so
they can get cash flow now
and build a portfolio that can
be sold in the future for re-
tirement income.
► Out of area and country in-
vestors are also looking for
networks who can refer them
great products and services.
This means then need provid-
ers of houses, they need
property managers, and they
need a support staff.
So what is one of the hottest
markets they are looking at?
Well they like the Midwestern cit-
ies and Kansas City is one of the
major investment areas on their
list. While they can get great
properties in Kansas City, many
are still looking for that solid ser-
vice provider.
Here at MAREI we are working to
connect with these out of area
and out of country investors to
let them know of all the great
properties and services our mem-
bers have available. We are see-
ing a large increase in phone
calls from these groups and we
consistently direct them to the
website. We are also seeing
them at our monthly meetings,
we generally have 3 or 4 out of
state investors. They are buying
houses from our property page
and looking for services as well.
So if you are not currently mar-
keting on the MAREI page, take
some time to find out the best
way to connect on our pages and
be sure to reach out live and in
person by attending the monthly
meetings.
Page 22 MAREInet.com
No Address Provided $15,000
Repair Costs
$20,000
4 Bed 1 Bath Basement
Swope View Area, Esti-mated NOI $486.29
Makeba Hart Virtue Investments, LLC Makebashart2gmail.com 816-665-0491
819 White Ave
Kansas City, MO
$20,000
Rented
3 Bed 1 Bath Basement
Cash Flowing in Historic North East. Net ROI 24%
Christoph Becker Blue Print Properties [email protected] 816-419-1165
10211 Hilcrest Rd
Kansas City, MO
$39,500
Rehabbed
3 Bed 1 Bath 1 Car Basement
1000 sq ft
Completely Rehabbed South Kansas City, rent estimate $800, esti-mated Net ROI 18%
Christoph Becker Blue Print Properties [email protected] 816-419-1165
513 Montgall
Kansas City, MO
$17,500
Livable
2 Bed
1.5 Bath Basement 1500 sq ft
Investor Special, His-
toric North East. Esti-mated Rent $600.
Christoph Becker
Blue Print Properties [email protected] 816-419-1165
2208 E 72nd St
Kansas City, MO
$39,900
Rehabbed
4 Bed 1 Bath Basement 1 Car
1300 sq ft
Completely Rehabbed, Estimated Rent $850, Proposed Net ROI of 21%
Christoph Becker Blue Print Properties [email protected] 816-419-1165
Kansas City MO $15,000 and
Below
Assorted Properties
Assorted Sizes, Condi-tions and properties
Makeba Hart Virtue Investments, LLC Makebashart2gmail.com 816-665-0491
Overland Park, KS $77,000
Fixer
2 Bed 1 Bath 1 Car 845 sq ft
Great OP Location, Huge Lot, Rents $800.
Craig Roth L & C Investors [email protected] 913-649-3801
5147 Rinker Ave
Kansas City, MO
Raytown Schools
$13,900
Fixer
3 Bed 1 Bath 1 Car Bsmt
917 Sq Ft
Handy Man Special in Raytown Schools
Makeba Hart Virtue Investments, LLC Makebashart2gmail.com 816-665-0491
5629 E 39th Tr
Kansas City, MO
$6,000
Fixer
3 Bed 1 Bath Basement 900 Sq Ft
Cash Deal, Needs Cos-metic TLC. ARV $30,000. Est Rent $700 Construction Crew
Available
Christoph Becker Blue Print Properties [email protected] 816-419-1165
5530 Euclid
Kansas City, MO
$7,000
Fixer
3 Bed 1 Bath Basement
Some Repair for an ex-cellent Rental. ARV $35,000, Rent $750 Only $7,000
Christoph Becker Blue Print Properties [email protected] 816-419-1165
4120 E 53rd St
Kansas City, MO
$5,000
Fixer
2 Bed 1.5 Bath Basement 800 Sq Ft
Super Cheap at $5,000 . ARV $25,000 Estimated Rent $500
Christoph Becker Blue Print Properties [email protected] 816-419-1165
703 & 707 Indiana
Kansas City, MO
4 Plexes
$30,000 for
pair, $17,500
Each
4 plexes
Brick
2 Buildings
ARV Each $80,000 Estimated Rent $650 per unit or $62,400 per
year for all 8 units
Christoph Becker
Blue Print Properties [email protected] 816-419-1165
8409 E 109th St
Kansas City, MO
$29,900
Rental
3 Bed 1.5 Bath 1 Car Basement
1500 Sq Ft
Turn Key Ready, Esti-mated Rent $750 to $850 +. Ready to Rent Now.
Donald Tucker kcmoHomeBuyer.com [email protected]
913-208-3017
4025 Agnes
Kansas City, MO
$45,000 4 Bed 2 Bath Basement
ROI with cash sale 15% ROI with financed sale 48%
Laura Johnson Adept Properties [email protected]
9214 Manchester
Kansas City MO
$81,700
3 Bed 1 Bath 1 Car Full
1230 sq ft
Remodeled Ranch Joe Clark Reece & Nichols JoeClark @ReeceandNichols.com
913-384-8331
Your Property Here MAREI mem-
bers Post for
FREE
On the Website
Reprinted here in Newsletter
And linked to social me-dia.
MAREI Member Properties
MAREInet.com/Properties
Investment News Page 23
Page 24 MAREInet.com
Using the Member Website
Making a Forum Post
One of the benefits of membership in MAREI is being able to ask a question of the
membership. This could be a question on a deal, to refer a property, or ask for a
service provider reference. In our June newsletter we outlined how to log into the
member forum, please look for the newsletter on our website. This is your guide to making a post after you log in.
Step ONE: Log into the MAREI Member Forums
Step TWO: Select the proper forum. In most cases this is going to be the “General Messages” and click
Step THREE: Click on “New Topic” to open a new message screen.
Step FOUR: Fill in a Subject Line and then type in your message.
Step FIVE: Click the Submit button
We are not going to take you step by step through everything. We think for the most part you will be able to figure out
how to use a back arrow key or the links across the tops of each forum to go back to where you started. We do want to
offer a few tips:
Keep property postings in the property postings section.
If you make a post, many times it is going to go out via email and be read in the receiving persons email provider, not
on the forum page. So if you want a response quickly, we recommend typing some sort of signature at the bottom of
your post that includes your name and a phone number.
Replying to a Post
We highly recommend that when you reply to a post that you go to the website, log into the MAREI member forums and
make your reply with in the website.
Why?
First, when you reply within the
website, the reply is posted online
so all members can read it. This
means you get a lot more people
reading your reply.
Second, if you reply via email—
which means the post was placed
on the website and emailed to you.
If you just click reply within your email, your reply does not go anywhere but the MAREI email box. Then you have to
hope that someone is reading the MAREI email and has time to forward your response on to the right person. And it may
just get lost and you have just wasted your time.
Third, if you do call or email the person directly with a response, you miss out on all the other people who may have bene-
fited from your answer.
For example you might have read a post of someone asking for a recommendation on someone who lays tile. You are an
exceptional tile person and want to let them know they can contact you and see some examples of your work on your
website. If you call that person, only that person knows you do tile work. However, if you take a few minutes to log in and
post your response online, then everyone knows you lay tile.
Investment News Page 27
Property Management
Rental Services
Kansas City Metro
www.JamiesonHomeTeam.com
Kevin Jamieson
816-503-4671
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
The best place on the entire
planet to buy kitchen cabinets.
We Have The Best Prices
Everything Is In Stock
We Ship Fast
Free Design Help
www.CabinetGiant.com
Josh Burns
1-877-484-4268
Cornerstone Foundation Repair
Kansas Cities Real Estate Investor’s
#1 Foundation Repair Contractor
Joe Williams
913-220-5253
Ask about our Investor Pricing
Steel Push to Bedrock Piers @ $850 ea
Steel Wall Restraints Starting @ $180 ea
Crack Injection @ $25 per foot
Sump Pumps @ $800 each
We are proud to say that we have become real
estate investors 1st call for major foundation
repair issues. We offer 25 year and lifetime
transferable warranties for piering only.
Celebrate Our NEW Magazine & Newspaper at...
The Mid-West Real Estate
Investor's Expo
Mingle With Vendors, Receive FREE Gifts, Learn from the Best!
Sponsored by Realty411/reWEALTH magazine
Mingle with Vendors/Brokers/Wholesalers
Learn About TOP NATIONAL Markets:
Success in Real Estate Can be Yours this Year, Let Us Show You How.
Network with Local and Out-of-Town
Investors, Area Business Owners & Real Estate Industry Leaders.
Marck Delatour
SBD Housing So-lutions, formed
in 2003 to capi-talize on the
growing number of financially dis-
tressed homes in the Kansas
City area. Since that time, SBD has grown to become the pre-
mier supplier of foreclosure and pre-foreclosure homes in the Jackson County Area, attracting
investors from all over the
world.
Tim Norris,
President of Na-tional Real Estate
Insurance Group and Affinity Group Manage-
ment is an in-dustry-recognized investor,
speaker and educator. He is Treasurer of the National REIA and is a member of their Indus-
try Partner Council. Tim is an active real estate investor and
resides in the Kansas City area
with his wife and 2 daughters.
Lloyd Segal,
Trained as an at-torney, working
as a mortgage banker, real es-tate investor, and
public speaker. Author of
“Everything You Wanted to Know About Chapter 11 Bankruptcy . . . But Were Afraid to Ask” and
“Stop Foreclosure Now”. Founder of California Foreclosure Institute
which provides in-depth educa-
tion on all aspects of foreclosure.
GUEST SPEAKERS
RSVP: FREE VIP Passes
http://mid-westrealestateexpo.eventbrite.com/
Or call 310-994-1962
Email: [email protected]
Find out about the Bus Tour on Sunday the
26th (Prices: $95 for 1 / $145 for 2)
Hilton Garden Inn Independence 19677 East Jackson Drive Hotel Phone: 816-350-3000 Independence, MO 64057
Saturday, August 25, 2012
from 9:00 AM to 4:00 PM (CT)
