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MID-AMERICA ASSOCIATION OF                 REAL ESTATE INVESTORS




 Investment News                      NETWORKING : EDUCATION : COMMUNITY
Read Online www.MAREInet.com/Newsletter                                  June 2012




  Here’s to a Great Summer
  Of Real Estate Investing!




                             June 12th: Meeting - Real Estate Trade Show

              Pa
                                July 10th: Meeting - Canceled for other Options
                ge
                     10         due to the All Star Baseball Game the Same Night
en ts
         on t                        In this Issue of the


    c                               Investment News


         Page 3                     Page10
         Business Members           Benefits at a Glance
         Build your team with our   Save with Discounts
         Service Providers & In-
         dustry Partners            Page 12
                                    Vendors
         Page 6                     Meet the Trade Show
         Directors Notes            Vendors




                                                                 Page 18              Page 22
                                                                 Calendar of Events   Title Companies
                                                                 Schedule Now         What to look for.
                                                                 Page 20
         Page 8                                                  MAREI Web Tips       Page 24
         2012 Trade Show            Page 14                      Member Forums        Mid-West Real Estate
         Who, What, When,           Housing Recovery                                  Investor Expo
         Where & Costs. See         Is it here, review some of   Page 21
         who will have a booth.     the data.                    For Sale
                                                                 Member Properties
         June Meeting               Page 15
         Trade Show                 Welcome
                                    New & Returning Members




Page 2                                                                                  MAREInet.com
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 .



                                                                              Insurance
       Alarm Systems                       Insurance
                                                                      www.NREInsurance.com
  www.DevconSecurity.com             www.APIAprotects.com
                                                                             Jim Jrolf
       Gary Hartman                      Lisa Goodner
                                                                           913-915-3232
       913-991-1612                     1-877-752-2742
                                                                          1-888-741-8454
ghartman@devconsecurity.com        lgoodner@apiaprotects.com
                                                                       jj@nreinsurance.com

          Investors                         Investors                  Property Management

  www.kcmoHomeBuyer.com                   Profit-Ability              www.abraxasmgmt.com
        Kim Tucker                      Consulting Group                   Meka Cayce
       816-200-2198                       Mark Pantak                     816-474-8800
    kcmoHomeBuyer.com                    832-766-6997                 mcayce@abraxasllc.com
   Property Management
                                     Property Management
 www.JamiesonHomeTeam.com                                              Real Estate Brokerage
       Kevin Jamieson          www.MyPremierleasing.com
                                      Jeff Wood                     www.RealtyResourceKC.com
        816-503-4671                                                     Kim Tucker & Staff
           kevin-                   816-841-9500
                             jwoods@mypremierleasing.com                   816-523-4400
jamieson@reeceandnichols.com                                       RealtyResourceKC@gmail.com


           Staging                                                      Suppliers: Building
                                      Suppliers: Building
  www.ShowHomesKC.com                                                  www.CabinetGiant.com
       Michelle Davis                www.canyon-stone.com                    Josh Burns
       913-449-3593                        Matt Puckett                    1-877-484-4268
  mdavis@showhomes.com                    913-254-9300                 info@CabinetGiant.com
                                   puckett@canyon-stone.com

       Title Company                     Title Company

   www.AccurateTitleCo.com          www.Coffeltlandtitle.com
 Jackie White / Mary Peterson             Bud Whisler
        913-338-0100                 June 12th: Meeting - Real Estate Trade Show
                                         816-581-2299
  jwhite@accuratetitleco.com      bwhisler@coffeltlandtitle.com

Investment News                                                                             Page 3
Newsletter Information




                                     Contact Information

     Join in the                     PO Box 8685, Prairie Village KS, 66208

                                     Phone: 913-815-0111


  Conversation                       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.
         Member Forums
  http://mareinet.com/forum/         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
          Social Media               own counsel, accountant and other advisors as to legal, tax, economic, investment and related
                                     matters concerning real estate and other investments.

      Google Plus Page:
                                     Content Disclaimer
 Kansas City Real Estate by MAREI
                                     The views and opinions expressed by authors of articles contributed to this newsletter do not neces-
      LinkedIn Group:                sarily reflect those of the association, the board of directors or the staff.


Kansas City Real Estate Investors
                                     Advertise in the Investment News
                                      Rate Schedule
             Twitter
                                      Size                  Non-Member                  Member                        Business Associate
           RealEstateKC
                                      Full Page             $175                        $140                          $115
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         Facebook Page                1/8 Page              $55                         $35                           $25


 Kansas City Real Estate Investing     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
         Facebook Group
                                       each month. All ads must be prepaid. Contact to verify ad format can be accepted.
 Kansas City Real Estate Investors     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 info@MAREInet.com. Mail payment to MAREI, PO Box 8685, Prairie Vil-
                                       lage, KS 66208 or request an online payment for to use credit or debit card.



Page 4                                                                                                                MAREInet.com
MAREI STAFF

                                                          & Volunteers
         Executive Director                                     Advisory Board / Membership Desk

         Kim Tucker                                             Scott Tucker

         kim@MAREInet.com                                       sTucker319@gmail.com

         Investor : Realtor                                     Realtor



         Advisory Board                                         Advisory Board / Membership Desk

         Donald Tucker                                          Dan Goodwin

         DonTuckerRE@gmail.com                                  DanGoodwin@kw.com

         Investor                                               Realtor : Short Sales
         Focus Group Leader: Blue Springs / Lees Suumit         Advisory Board / Membership Desk

         Debra Felderhoff                                       Shelda Goodwin

         superiorrental@gmail.com                               SheldaGoodwin@kw.com

         Landlord : Investor                                    Realtor : Short Sales
         Focus Group Leader: Weekly Wednesdays                  Advisory Board / Membership Desk

         Michelle Winberry                                      L. Scott Ficinus

         mlwinberry@gmail.com                                   Scott@Ficinus.com

         Investor : Realtor                                     Realtor
         Focus Group Leader: Weekly Wednesdays                  Advisory Board / Membership Desk

         Brian Winberry                                         John Welchert

                                                                JWelchert@platinumrealtykc.com

         Investor :                                             Realtor : Investor : Landlord
         Focus Group Leader: Women in Real Estate               Focus Group Leader: Young Professional Investor




         Focus Group Leaders: Transaction Engineers             Focus Group Leader: Commercial




         Focus Group Leader: Notes / Seller Finance             Focus Group Leader: Advanced Investors




Investment News                                                                                          Page 5
Direc tor’s
                                                     for J une
                                             N otes
      Here in m office we have one of those investments that            Our first tool was price, and we have reduced and re-
      we lovingly call an “opportunity”. If you go see a lot of         duced. So our next option was to offer to pay sellers
     the Gurus who talk about how easy it is to invest in real          closing costs and market home with an area program
    estate. They don’t often talk about the “learning opportu-       for first time home buyers called MHDC that will finance
               nities” that they have had in their own offices.        the down payment for them on an FHA loan. Another
                                                                             option is to offer up bonuses to the buyer’s agent.
    I want to talk about our opportunity for two reasons. First
   I want you to know that even seasoned investors do get a              Then we will turn to a few options that will open our
       dud from time to time and we have to work through the           house up to buyers who have not been looking, which
   issues with them just like the brand new folks do. We just         are buyers who cannot qualify for a loan. That means
          might have a few more tools in the tool box to fix the        we are looking at offering the home lease to own and
          problems. Secondly, I want you to consider that the        seller finance. These are tools in our box, but not quite
        sooner you figure out you have a learning opportunity,                 in our realm of expertise. That means we have
    and do something about it, the less money you are going          reached out to a few experts in these areas to get help
                                   to spend on this education.                                               on these options.
     So our deal was a great house in a great neighborhood.            Which brings me to two more reasons to talk about a
    Our plan was to purchase it, renovate it, and list it to sell.   learning opportunity. Third, we want to let you know to
     It is located in an awesome neighborhood that does not            never be too proud to ask for help. We all need help
       see a lot of turn over or resale homes historically in the      from time to time, so if you are in a situation that you
       past few years. We don’t even see a bunch of foreclo-          don’t know what to do, please reach out and ask for it.
    sures or short sales. Based on the data we have and the
                                                                       Fourth, keep in mind the time value of money. Some
      renovation we completed, we listed at what we thought
                                                                         new investors will hold on to a dog investment be-
                                          was a very fair price.
                                                                        cause they don’t want to sell at a loss, which in turn
         No one wanted to look at it. We had a packed open             costs them more in holding costs and lossed income
     house, the neighbors loved it. But no sale. We reduced             that they might have made from another investment
    the price. Two more higher priced houses listed for sale.            should they have taken a loss on the dog and rein-
                                                                                                  vested in something else.
          A month later, we note that there is now a short sale
    listed, and we have lowered our price again. We are still            So at the Tuesday Meeting, please make it a goal to
         going to make a few dollars, but not enough to really            come home with materials from all the vendors and
                             make it worth our time and effort.          business cards from at least 10 new people that you
                                                                        can put in your database as someone to reach out to
       No lookers and another month passes, 2 more houses
                                                                      for help or to offer help when an ‘Opportunity” to learn
       list. Now currently we are at bottom , break even price
                                                                                                                   comes up.
     that based on comps is $30,000 less than what it should
           sell for and $15,000 less than our very conservative                         See you next Tuesday at the Meeting
     value. Including our home there are six homes listed for
                                                                                                                           Kim
          sale. We are at the point we need to hit the tool box.



Page 6                                                                                                 MAREInet.com
Property Management
                                             Section 8 Housing
       Property Management
                                                KC Metro Wide
          Rental Services
         Kansas City Metro                        Jeff Woods
                                                     Broker
   www.JamiesonHomeTeam.com           www.MyPremierLeasing.com
          Kevin Jamieson                          816-849500
          816-503-4671




                                      Sell Vacant Houses Faster
                                         and for more money!
                                 How? We transform vacant houses - often
“Presentation is Everything!”    seen by buyers as stale, lifeless, unappealing -
                                 into fully-furnished, inviting, valued Show-
                                 homes. Now in our third decade of service to
      Canyon-Stone.com           Homeowners and their Realtors, we've become
                                 America's premier home staging service coast-
    550 E. 56 Highway, Suite B   to-coast.
        Olathe, KS, 66061
                                 Our professional home staging services can add
      Phone: (913) 254-9300      thousands of dollars to your sale price -- and at the
                                 same time reduce the stress and expense of mar-
       Fax: (913) 254-9301       keting your property.

      info@canyon-stone.com
                                            ShowHomesKC.com
     www.Canyon-Stone.com                              Michelle Davis
                                                      913-449-3593




Investment News                                                                Page 7
2012 Real Estate

                                        Trade Show


                                                               Career Education Systems on the top floor
                                                               of Ward Parkway Shopping Center. Inves-
                                                               tor and Business Members can attend NO
                                                               CHARGE, non members can attend for a $5
                                                               donation to Harvesters or the donation of 3
                                                               non-perishable items. Member vendors can
                                                               reserve a vendor table for as low as $25.
        In June, Mid-America Association of Real Es-           There will be no speaker nor training sessions
        tate Investors is Celebrating. It has been a           at this event. It will one big Vendor Trade
        great past year and we have grown our mem-             Show with Vendors, General Marketing Table
        bership over the past year and improved our            for Flyers, munchies and door prizes.
        organization. We thank all of our members, vol-
        unteers, subgroup leaders, vendors and speak-          We highly encourage all of our Business
        ers who have contributed to our growth.                Members to participate. We currently have
                                                               space for 2 more tables that can be reserved.
        To celebrate, we are dropping our guest fees           You can also bring a stack of business cards
        for our June 2012 to just $5 for the month of          OR flyers, work the room and have fun all
        June and we are donating all of these fees to          evening..
        Harvesters Community Foodbank, a local food
        provider for Kansas City residents.                    Business Members can reserve a vendor ta-
                                                               ble for no charge, and Investor & Internet
        For the month of June, we are also holding our         Members can reserve for $25. To register for
        2012 Trade Show on Tuesday June 12 from                a table or RSVP for the event, please go to
        6pm to 9pm our regular meeting place inside of


                                                                 Real Estate Professionals!


          2012 Trade Show
June 12th Monthly Meeting:          Agenda                More info and Registration

                                                                         http://www.MAREInet.com/June
    Tuesday June 12th, 2012, 6pm      5:30 set up
     to 9pm                            6:00 Expo Hall all Evening
                                                                                 Door Prizes: Everyone will re-
    Career Education Systems,      Location                                     ceive 1 ticket and can purchase
    FREE for MAREI Members,        Career Education Systems                     extra for $1 each. Funds to go
     Non-Members $5 Donation to     Ward Parkway Shopping Center—top             to Harvesters. Giving away
     Harvesters Community Food      floor - 8600 Ward Parkway, Kansas            several Real Estate Investing
     Network                        City, MO                                     Home Study Courses.


    Page 8                                                                                       MAREInet.com
www.MAREInet.com/June.                responsiveness of a boutique          the monthly Foreclosure Report
These spaces won’t last long,         firm. Our team consisting of a        for the Missouri side of the Kan-
so RSVP Now and join us at            full time attorney and a staff of     sas City Metro.
our 2012 Real Estate Trade            trained title officers ensure that
Show and Celebration!                 each transaction is given expert      Community Buying-
                                      attention.                            Group, offers Members the
So who is already signed up to                                              ability to buy like larger compa-
share their products and ser-         Asset Protection Insurance            nies, allowing smaller compa-
vices with you? Take a look           Agency policy protects your           nies to be more competitive.
through the next few pages.           investment from the day you           Through relationships with our
                                      buy it to the day you sell it. This   Premier Supplier Network, we
Accurate Title Company, is a          covers rehab, sale and/or             offer special incentives and
full-service title agency that rep-   rental.                               pricing on products that our
resent a new breed of title com-                                            Members use every day.
pany with the resources and           Coffelt Land Title, provides
scope to handle even the big-         accurate real estate title infor-               (Continued on page 12)
gest most complex transac-            mation, title insurance and es-
tions, but with the agility and       crow services. We also publish



                                                    All Guest Fees donated to

                                                                 Harvesters

                                                           Guest Fee Tonight Only $5

                                                               Or 3 Non-Perish Items
                                       Please stop by Harvesters Booth at the meeting to find out how
 they can take a $5 Donation and combine it with corporate donors efforts to create 25 meals, how you
 and your company can help through donations and volunteering, and how they help feed Kansas City
                     Citizens every day! And visit their website at Harvesters.org.



 Investment News                                                                                     Page 9
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.


Landlord Services                         Suppliers                                   Marketing



                                                                                     Affordable Landlord Websites with a
Screening for tenants & workers with                                                 15% discount or free trial for members.
    20% discount for members.             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.
                                                                                     Websites for investors, landlords, and
  Electronic collection for bounced                                                  other services. FREE trial.
  rent checks. No charge to you.

     FORMS & DOCS                                                                     Service Provider
                                          All members receive a discount card
Member Library is packed with forms       to access our exclusive discounts up
and docs, plus 15 % discount at EZ          to 40% off all paint, supplies, and
Landlord Forms for premium forms.                 flooring—nationwide.

                                                                                     Discount card for all members providing
                                                                                     a 10% discount on all services.
Market your rentals on the nations top
ranked rental site. Member discount
     is 20% off Regular Prices.           Members have access to many great           News & Information
                                          tools and savings including discounts
                                                 of up to 7% - nationwide.                        E-Update
Office Solutions
                                                                                     Our weekly email update with what’s
                                                                                      happening in real estate including
                                                                                      properties for sale, government af-
                                                                                         fairs and local market data.
Save on select FedEx Office copy and      Discounts of products through Sears
   print services up to 20% and on        Commercial plus 5% off Gift Cards.                Investment News
     FedEx Shipping up to 22%.
                                                                                      The newsletter for Mid-America Asso-
                                          Membership                                  ciation of Real Estate Investors: pub-
                                                                                      lished monthly and distributed both in
                                                                                     print at our meetings and digitally to our
Receive discounts up to 65% on over                                                       database of over 5000 people.
 12,000 products you use the most
        online and in store.
                                          FREE membership in Community Buy-
                                           ing Group for all MAREI members to                    Continued . . . .
                                           bring you even more great discounts.



Page 10                                                                                               MAREInet.com
Member Service
                                          We have several services as part
                                          of our website to help you grow
Magazine for the real estate investor.            your business.
With discount subscriptions for MAREI
              members.
                                                                               MAREI’s Government Affairs ac-
Other Discounts                                                                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.

                                          Calendar of Events to stay up to
                                           date with all of our activities.                     MAREI mem-
                                                                                                bers also re-
                                                                                                ceive timely
                                                                                                Calls to Action
 Nearly 70% of QuickBooks users say                                                             when there is a
that it makes their business more prof-                                                         time for our
 itable. Get your Accounting on track.                                                          members to
  Buy at a 40% discount through Na-                                           take action on an important vote.
              tional REIA.
                                          Browse the member properties to     Members also
                                            find your next deal. Take the
  REAL ESTATE BOOKS                                                            have access
                                          time to post your investment op-    to the latest
 The nation’s largest provider of           portunities for other members       in Market
   real estate training materi-               and site visitors to browse.        Data.
 als, DEARBORN is America’s
   Premier Real Estate Pub-
 lisher. Members receive up to
             40% off.




                                                                                          VISIT
                                           The Member Library is packed
                                           and ever growing with pdf ver-             ww.MAREInet.com
                                           sions of entire books, EBooks,
 Special member discounts for                                                      Look under Resources -
                                          Articles, Forms, and Documents.
 members at Avis, Budget, and
      Enterprise Rentals.                                                                 Discounts




  Investment News                                                                                     Page 11
Have you met our Vendors

                                    Who will be at the Trade Show?

                                                      HUD owned homes.
                                                      Choice Cabinet offers built-to-order, all wood
                                                      cabinets with all the same features that custom
                                                      cabinets contain.
                                                      BMW Investment Properties, offers personal
                                                      coaching to walk hand in hand with you so you
                                                      get results in your real estate investing.
                                                      ShowHomesKC offers home staging with no up-
                                                      front fees that includes a home manager to pro-
 (Continued from page 9)
                                                      tect your investment.
 Home Depot, offers many ways for members to
                                                      Sears Home Improvement specializes in re-
 save money, from their Volume Pricing Program
                                                      placement windows, siding, HVAC, entry doors,
 at the Pro Desk, to valuable savings by signing
                                                      roofing, kitchens, bathrooms, garage doors, floor-
 up as a Pro on their website, to our member’s
                                                      ing, and more...
 only exclusive discounts 20% Discount on Paint
 and 2% Rebate on all Purchases.                      National Real Estate Insurance Group the right
                                                      coverage at the right time: vacant, renovation,
 Premier Leasing offers Property management
                                                      occupied.
 for all your needs! Serving the Kansas City
 metro area. We are also Section 8 housing Spe-       Lowes offering MAREI members exclusive dis-
 cialists!                                            counts including a 5% discount for everyone with
                                                      a Lowes Accounts Receivable plus an extra 2%
 Home Vestors, local franchisee, JD Asbell offers
                                                      for early payment.
 more than just great properties. Through his
 Destination for Properties find out about his        Sherwin Williams offering MAREI members an
 property management services as well as his          exclusive discount card saving between 35 and
 private lending.                                     40% on paint, supplies, and flooring.
 Refined Interior Staging Solutions goal is to
 help you sell your house within the shortest
 amount of time with the highest price possible.
 Citizen Tax Service, Certified Public Account-
 ant specializing in real estate accounting and tax
 planning. Get your accounting records organ-
 ized and make better business decisions.
 Arvest Bank offers both Secondary Market and
 In House loan options for Investment and Com-
 mercial properties.
 Scott Harvey – HUD Listing Broker will be
 there to answer your questions about purchasing


Page 12                                                                              MAREInet.com
Be sure to            Wireless Security Systems
                              Join Now                  Keypad, 3 doors, 1 motion,
                                                         1 primary & 1 door siren
                            (Or Renew)
                                                      One time Charge of $99 plus tax
                           Go online at                     Includes installation
                                                        Requires 36 month contract.
                                                       Monthly Monitoring Fee $39.99
          www.MAREInet.com
                                                                Sell house
For everyone that joins now or at the meeting             transfer to new owner
 on Tuesday we have several free giveaway                 or move to new house
        items for you to choose from:                      DevconSecurity.com
  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)




                                                  Www.CoffeltLandTitle.com
                                                           For title, escrow,
                                                         1031 & foreclosure.


          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
                                                             Bud Whisler
                                                            816-380-3441

Investment News                                                                      Page 13
Housing Recovering

                                     Is it Here?




    Across the Real Estate Reporting agencies, data        FHFA’s housing price index is calculated using
    is pointing to a slow but steady housing recovery.     home sales price information based off Freddie
                                                           Mac and Fannie Mae-backed mortgages.
    (to read full articles and supporting data, click on
    blue links when reading online at                      FHFA’s seasonally adjusted monthly index rose
    www.MAREInet.com/newsletter)                           1.8 percent in March over February, which is the
                                                           largest monthly increase in at least 20 years.
    RealtorMag May 25th: Home inventories of for-
                                                           Year-over-year, home prices increased 2.7 per-
    sale listings continue to fall, which may help raise
                                                           cent, FHFA reports.
    overall housing prices as demand picks up.
                                                           "Increased affordability and a somewhat smaller
    Inventory of for-sale single-family homes, condos,
                                                           inventory of homes for sale are positively im-
    townhouses, and co-ops dropped by 18.85 per-
                                                           pacting house prices," says Andrew Leventis,
    cent in April compared to a year ago, according to
                                                           FHFA’s principal economist.
    housing data of 146 metro markets tracked
    byREALTOR.com.                                         Despite recent improvements in home prices,
                                                           the percentage of underwater borrowers has
    “These key indicators continue to suggest the
                                                           shown little improvement in the last year. More
    housing market may be at a turning point and
                                                           than 30 percent of home owners in the first quar-
    headed towards a broad-based recovery,” REAL-
                                                           ter remained underwater on their mortgage, ow-
    TOR.com notes in a release on its April housing
                                                           ing more on their home than it’s currently worth,
    data. “Lower inventories, combined with faster
                                                           according to a new Zillow housing report.
    moving markets and relatively stable median list-
    ing prices are indicative of the kind of balanced      A year ago, 32.4 percent of all borrowers had
    housing market that has not been seen in many          negative equity on their loan compared to 31.4
    years.”                                                percent during the most recent quarter, Zillow
                                                           reports.
    On a national basis, the median age of inventory
    dropped nearly 12 percent year-over-year.              Yet, Zillow notes that nine out of 10 underwater
                                                           borrowers are current on their mortgage pay-
    RealtorMag May 24th: The Federal Housing Fi-
                                                           ments.
    nance Agency reported that nationwide home
    prices posted their first gain in the first quarter    "[It's] important to note that negative equity re-
    since 2007. While the gain was modest at 0.6 per-      mains only a paper loss for the vast majority of
    cent, housing experts note it’s still another sign     underwater home owners," says Stan
    that the housing market is gaining momentum.                                      (Continued on page 16)


Page 16                                                                                   MAREInet.com
New Members                                      Renewing
 ►   Travis Abbot: Parker, CO
                                                 ►   George Cherian: Prairie Village, KS Since 2011
 ►   Andrew Bacon: Parker, CO
                                                 ►   JE Hutchens: Blue Springs, MO Since 2008
 ►   Adam Doran: Tonganoxie, KS
                                                 ►   Steve Hulme: Overland Park, KS Since 2011
 ►   William & Tina Gentry: Kansas City, MO
                                                 ►   Steve Kelman: Mission, KS Since 2009
 ►   Steve & Kelly Gilliland: Liberty, MO
                                                 ►   Mark Klinkenberg: Raymore, MO Since 2011
 ►   Scott Harvey: Olathe, KS
                                                 ►   Richard Romines: Independence, MO Since 2011
 ►   Christopher Heintzelman: Gardner, KS
                                                 ►   Renee Swain: Lees Summit, MO Since 2010
 ►   Brian Johnston: Kansas City, MO
                                                 ►   Melissa Wurtz: Overland Park, KS Since 2008
 ►   Maggie Lee: Stilwell, KS
 ►   Kevin Mason: Leawood, KS
 ►
 ►
     Paolo Mesia: Parkville, MO
     Paul Panos: Parkville, MO
                                                 Business Members
 ►   Corinna Sander: Gardner, KS                 ► Lisa Goodner with Asset Protection Insurance Agency
 ►   Mike Stroud: Overland Park, KS                  Member Since 2006
 ►   EzeQuiel & German Uresti: Lees Summit, MO   ► Jim Jrolf with National Real Estate Insurance Group
 ►   Marty Watson: Gladstone, MO                     Member Since 2008

 ►   John Whitfield: Kansas City, KS             ► Josh Burns with Cabinet Giant New Member
 ►   Mary Wilcox: Independence, MO               ► Bud Whisler with Coffelt Land Title New Member




Investment News                                                                              Page 15
Real Estate Article




   (Continued from page 14)
                                                       a new federal budget must be passed before
   Humphries, Zillow's chief economist. "As home       the end of the year for the economy to continue
   values slowly increase and these home owners        to move forward.”
   continue to pay down their principal, they will
   surface again."                                     The housing forecast has been upgraded, with
                                                       existing-home sales expected to reach 4.66
   Realtor.org, May 30th: Pending home sales           million this year, compared with 4.26 million in
   retrenched in April following three consecutive
                                                       2011. The outlook for 2013 is now 4.92 million,
   monthly gains, but are notably higher than a
                                                       but could vary significantly depending on two
   year ago, according to the National Association
                                                       scenarios.
   of Realtors®.
                                                       If lending returns to normal, the 2013 outlook
   The Pending Home Sales Index,* a forward-
                                                       for existing-home sales would measurably im-
   looking indicator based on contract signings, de-
   clined 5.5 percent to 95.5 from a downwardly
                                                       prove to 5.3 million. However, a fiscal cliff sce-
   revised 101.1 in March but is 14.4 percent above    nario of higher taxes and sharp spending cuts
   April 2011 when it was 83.5. The data reflects      beginning in early 2013, which is an unlikely
   contracts but not closings.                         event but still worth noting, would lower the
                                                       sales projection to 4.5 million.
   Lawrence Yun, NAR chief economist, said a one
   -month setback in light of many months of gains     Because of measurably lower inventory sup-
   does not change the fundamentally improving         plies, the forecast for home prices has been
   housing market conditions. “Home contract ac-       upwardly revised with the median existing-
   tivity has been above year-ago levels now for       home price projected to rise 2 to 3 percent this
   12 consecutive months. The housing recovery         year and 4 to 5 percent in 2013, with wide local
   momentum continues,” he said.                       market variations.

   Yun notes home sales are staying well above         To access sales data, please go to: http://
   the levels seen from 2008 through                   www.realtor.org/research-and-statistics/
   2011. “Housing market activity has clearly          housing-statistics Local data can be found at
   broken out at notably higher levels and is on       http://www.kcrar.com/market-statistics
   track to see the best performance since 2007,”
   he said. “All of the major housing market indi-
   cators are expected to trend gradually up, but


Page 18                                                                              MAREInet.com
Visit
       www.MAREInet.com/PMB
       Or email
       info@MAREInet.com




Investment News               Page 19
CALENDAR OF EVENTS

                                   Locations, Costs & Registration

                                   At www.MAREInet.com/Calendar



Wednesday, June 5th                                 Saturday, June 23rd
   9:00am   Sub-Group: Weekly Wednesdays              4:00pm Sub-Group: Blue Springs / Inde-
                                                        pendence Real Estate Investors
Saturday, June 9th
   4:00pm Sub-Group: Blue Springs / Inde-          Sunday, June 24th
    pendence Real Estate Investors                     9:00am Sub-Group: Lees Summit Real
                                                        Estate Investors
Sunday, June 10th
   9:00am Sub-Group: Lees Summit Real Es-          Wednesday, June 27th
    tate Investors                                     9:00am Sub-Group: Weekly Wednesdays
Tuesday, June 12th                                  Saturday, June 30th
Monthly Meeting Career Education Systems,              4:00pm Sub-Group: Blue Springs / Inde-
Ward Pkwy Shopping Center                               pendence Real Estate Investors
   5:30pm Pre-Meeting—Set up                       Sunday, July 1st
   6:00pm Monthly Vendor Hall / Networking            9:00am Sub-Group: Lees Summit Real
                                                        Estate Investors
Wednesday, June 13th
                                                    Wednesday, July 4th
   9:00am   Sub-Group: Weekly Wednesdays
                                                       National Holiday, no Meeting
Saturday, June 16th
                                                    Tuesday July 10th
   4:00pm SubGroup: Blue Springs / Inde-
    pendence Real Estate Investors                     Major League Baseballs 83rd All Star Game
                                                        and Events here in Kansas City. No Meet-
Sunday, June 17th
                                                        ing, watch for alternative events.
   9:00am Sub-Group: Lees Summit Real Es-
                                                    Tuesday, August 14th
    tate Investors
                                                       Lease Options with Marck DeLatour
Wednesday, June 20th
                                                    Saturday, August 25th
   9:00am   Sub-Group: Weekly Wednesdays
                                                       Realty 411 & reWealth present their Mid-
June 20th—27th                                          West Real Estate Investor Expot
   MAREI offices closed. Directors travel to Na-
                                                    Sunday, August 26th
    tional REIA Mid Year Conference
                                                       Bus Tour with SBD Housing


Page 18                                                                         MAREInet.com
For Investors By Investors
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Investment News                                                                                Page 23
Using the Member Website
                                           Accessing the Forum

        .                              We recommend you check out the MAREI Member Forums. This is where you can
                                       ask a question about anything real estate related or business related. This is not a
                                       place to “advertise” yourself by just posting ads, but you can still advertise in a
                                       sneaky and devious manner . . . Interacting with the other members.
 On the past two pages, we walked you through updating your profile. Now when you visit the “Member Forums” and see
 other people posting questions, you are more than welcome to share you knowledge and post a responses that fits the
 question. When you make a response, your contact name will appear with a link. They click on the link and your bio will
 come up.
 We further suggest putting a signature line at the bottom of your post:

 So first how do you get to the member forums?
 If you are still logged in from updating your member profile, you will probably
 still be in your “Dashboard”. You need to navigate from the “Dashboard” back to the main site. To do this, hover your
 mouse over the words “MAREI member forum” at the top left and you will see a link open up that says “Visit Site” - click that
 to go back to the main site.




 From there, go to the “Resources Tab” and click on the little downward pointing carrot and select “Forum” in the drop down
 menu.
 If you are starting fresh and have not yet logged in, go to www.MAREInet.com. From there, go to the “Resources Tab” and
 click on “Forum” in the drop down menu. Last you would need to scroll to the bottom right hand corner and log in, when you
 log in, you should remain on the page where you started.
 Once you are on the forums and logged you will see we have quite a few forums. If there is one topic of particular interest
 to you, click on it and Subscribe.
 For now we will show you how to Subscribe to the “Available Whole-
 sale Properties” under the “Wholesaling Forum.”

 Step One: click on “Available Wholesale Properties” listed within the
 Wholesaling Forum
 The forum will open up .

 Step Two: click on the Subscribe on the tab.
 Now whenever anyone makes a post of a property for sale, you should receive an email.


 You can subscribe to any forum you like or if you are getting post you don’t really want, you can do the same basic steps to
 unsubscribe.



Page 20                                                                                                MAREInet.com
INVESTMENT OPPORTUNITY

Member Properties

More at MAREInet.com/Properties


           109th & Marsh        $34,900    3 bed        Great Opportunity on       Don Tucker
                                           1.5 bath     this turn key rental       816-523-4400
           Kansas City, MO                 1 car gar    home in South Kansas       kcmoHome-
                                           Basement     City                       Buyer@gmail.com
                                                                                   Www.GBIfunding.com

           4025 Agnes           $45,000    4 bed        ROI with cash sale—   Laura Johnson
                                           2 bath       15%. ROI with Finance Adept Properties
           Kansas City, MO                 Full bsmt    d sale 48%            adeptproper-
                                                                              ties@gmail.com
                                                                              AdeptPropertiesLLC.com


           19418 E 5th Ct N     $45,000    4 bed        Needs very little to b e   Rick Zeitun
                                           2 bath       rent ready or could        Prime KC Homes
           Independence, Mo                2 car        make easy flip property    913-461-8560
                                                        in the low $80s            PrimeKCHomes.com


           209 NE Country Ln    $157,000   3 Bdrm       Rehabbed home in Lees Listed by Paula Hight
                                           2 bath       summit from Greg      with Platinum-
           Lee’s Summit, MO                2 Car Gar    Billeisen.            RealtyKC.com
                                                                              816-820-1144


           609 SE Douglas       $89,000    2 bdrm       Excellent Rental Prop-     Russell Armstrong
                                           1 bath       erty, Ready to Occupy      Mid-West Cottages
           Lee’s Summit, Mo                2 car        in Lee’s Summit Mo         888-689-6878



           11829 W 100th Tr     $129,900   3 bdrm       Just off Quivera, liv- Don Tucker
                                           2.5 bath     able, comps near $200k 816-523-4400
           Overland Park, KS               2 car                               kcmoHome-
                                                                               Buyer@gmail.com


           2236 Quincy          $12,500    3 bdrm       Handyman Special,          Christoph Becker
                                           1 bath       Easy Rehab                 Blueprint Properties
           Kansas City, MO                 Full bsmt                               816–419–1165
                                                                                   BlueprintPropertySolu-
                                                                                   tions.com

           13035 Canaan Dr      $389,000   Restaurant   Turn Key—Pizza Place.      Adam Doran
                                                        Wholesale Priced           Make It Move Props.
           Bonner Springs, KS                                                      913-735-5673
                                                                                   makeitmoveproper-
                                                                                   ties@gmail.com


Investment News                                                                                 Page 25
What to look for in a

                                       Kansas City Area Title Company

                                                                lost due to skittish buyers or sellers on the other end
                                                                of the transaction.
     From Accurate Title Company                                4. Affordable Rates:
     1. Your Title Company
                                                                Do a quick survey of fees among title companies.
     Always choose your own real estate title closing           Most will have similar fees. Some will offer special
     agent to guarantee against any conflict of inter-          deals for buyers or sellers who do repeat transac-
                                                                tions. Here in Kansas City, one common fee is an
     est. Problems can arise when a title company is
                                                                extra fee if no Real Estate Agent is part of the trans-
     owned by the mortgage broker or lender. By request-        action, so be sure to find out these bonus fees up
     ing that your lender use a title company that you          front. Don’t wait till closing to find out about fees, so
     have selected, your best interests are protected.          you don’t have extra fees pop you really don’t want
                                                                the day of closing.
     2. Attorney on Staff.
     Having an Attorney on Staff that is highly familiar with   5. Friendly & Prompt Service:
     Real Estate means that every transaction is subject        Having a title company that will offer the extra service
                                                                can often save you time and money. Having numer-
     to a high level of independent legal real estate           ous ways to communicate including phone, fax, and
     experience. This also ensures that the company has         email as well as face to face will accommodate all of
     the resources available to anticipate problems and         your buyers and sellers. When you need a closing at
                                                                a remote location, for example a buyer or seller who
     address them if they arise. The result is an efficient
                                                                might be out of the country or in the hospital, having a
     transaction that closes smoothly and free of prob-         way to get the paperwork and notary to them is vital.
     lems, both for the Seller and the Buyer or owner refi-     Secondly having a company that can push the en-
     nancing.                                                   velop and turn around a file in a day or two or will of-
     2. Experience:                                             fer extra services when you need estimated HUDs for
     Look for a company that has been in business with          Short Sales, or help with a quick question on title or
     experienced staff who have established business re-        closing rules at the end of a phone call can save you
     lationships with the associations, lenders, and integral   time and money.
     support companies providing management, insur-             Many will also offer extra services like 1031 Ex-
     ance, realty, survey, and appraisal services in the        change, Ownership & Encumbrance Report. Many
     area. This will allow them to completes every transac-     will also have a complete set of forms and contracts
     tion smoothly and quickly, with no time lost tracking      to help you put together a transaction.
     down the people and companies necessary to get the
     real estate transaction completed. An experienced          So as you build your real estate investing team,
     title company and experienced staff can get your           spend some time in finding the right title company
     transaction closed more efficiently and with less is-      before you need them so you have the time to get the
     sues popping up.                                           one who will represent your interests. Then take the
                                                                time to get set up with them. If you are buying in an
     3. Local Convenience:                                      corporate entity, get your necessary paperwork that
     Having a established local company is going to be          they are going to prove the entity does exist and that
     able to access local systems and be more convenient        you have the authority to sign for company in place.
     to your buyers and sellers and allow an on hands ap-       A good company will want to keep this on file.
     proach. When working with a jumpy buyer or seller
     having a local, professional to apply hand holding can
     help you complete your transactions, often times get-
     ting some transactions closed that might have been


Page 22                                                                                            MAREInet.com
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 Investment News                                                                  Page 27
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                                 GUEST SPEAKERS
               Marck Delatour                       Tim Norris,                           Lloyd Segal,
               SBD Housing So-                       President of Na-                      Trained as an at-
               lutions, formed                       tional Real Estate                    torney, working
               in 2003 to capi-                      Insurance Group                       as a mortgage
               talize on the                         and Affinity                          banker, real es-
               growing number                        Group Manage-                         tate investor, and
               of financially dis-                   ment is an in-                        public speaker.
tressed homes in the Kansas          dustry-recognized investor,                           Author of
City area. Since that time, SBD      speaker and educator. He is          “Everything You Wanted to Know
has grown to become the pre-         Treasurer of the National REIA       About Chapter 11 Bankruptcy . . .
mier supplier of foreclosure and     and is a member of their Indus-      But Were Afraid to Ask” and
pre-foreclosure homes in the         try Partner Council. Tim is an       “Stop Foreclosure Now”. Founder
Jackson County Area, attracting      active real estate investor and      of California Foreclosure Institute
investors from all over the          resides in the Kansas City area      which provides in-depth educa-
world.                               with his wife and 2 daughters.       tion on all aspects of foreclosure.

          Hilton Garden Inn Independence                          RSVP: FREE VIP Passes
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              Saturday, August 25, 2012                  Find out about the Bus Tour on Sunday the
            from 9:00 AM to 4:00 PM (CT)                      26th (Prices: $95 for 1 / $145 for 2)

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The Investment News: June 2011

  • 1. MID-AMERICA ASSOCIATION OF REAL ESTATE INVESTORS Investment News NETWORKING : EDUCATION : COMMUNITY Read Online www.MAREInet.com/Newsletter June 2012 Here’s to a Great Summer Of Real Estate Investing! June 12th: Meeting - Real Estate Trade Show Pa July 10th: Meeting - Canceled for other Options ge 10 due to the All Star Baseball Game the Same Night
  • 2. en ts on t In this Issue of the c Investment News Page 3 Page10 Business Members Benefits at a Glance Build your team with our Save with Discounts Service Providers & In- dustry Partners Page 12 Vendors Page 6 Meet the Trade Show Directors Notes Vendors Page 18 Page 22 Calendar of Events Title Companies Schedule Now What to look for. Page 20 Page 8 MAREI Web Tips Page 24 2012 Trade Show Page 14 Member Forums Mid-West Real Estate Who, What, When, Housing Recovery Investor Expo Where & Costs. See Is it here, review some of Page 21 who will have a booth. the data. For Sale Member Properties June Meeting Page 15 Trade Show Welcome New & Returning Members Page 2 MAREInet.com
  • 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 . Insurance Alarm Systems Insurance www.NREInsurance.com www.DevconSecurity.com www.APIAprotects.com Jim Jrolf Gary Hartman Lisa Goodner 913-915-3232 913-991-1612 1-877-752-2742 1-888-741-8454 ghartman@devconsecurity.com lgoodner@apiaprotects.com jj@nreinsurance.com Investors Investors Property Management www.kcmoHomeBuyer.com Profit-Ability www.abraxasmgmt.com Kim Tucker Consulting Group Meka Cayce 816-200-2198 Mark Pantak 816-474-8800 kcmoHomeBuyer.com 832-766-6997 mcayce@abraxasllc.com Property Management Property Management www.JamiesonHomeTeam.com Real Estate Brokerage Kevin Jamieson www.MyPremierleasing.com Jeff Wood www.RealtyResourceKC.com 816-503-4671 Kim Tucker & Staff kevin- 816-841-9500 jwoods@mypremierleasing.com 816-523-4400 jamieson@reeceandnichols.com RealtyResourceKC@gmail.com Staging Suppliers: Building Suppliers: Building www.ShowHomesKC.com www.CabinetGiant.com Michelle Davis www.canyon-stone.com Josh Burns 913-449-3593 Matt Puckett 1-877-484-4268 mdavis@showhomes.com 913-254-9300 info@CabinetGiant.com puckett@canyon-stone.com Title Company Title Company www.AccurateTitleCo.com www.Coffeltlandtitle.com Jackie White / Mary Peterson Bud Whisler 913-338-0100 June 12th: Meeting - Real Estate Trade Show 816-581-2299 jwhite@accuratetitleco.com bwhisler@coffeltlandtitle.com Investment News Page 3
  • 4. Newsletter Information Contact Information Join in the PO Box 8685, Prairie Village KS, 66208 Phone: 913-815-0111 Conversation 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. Member Forums http://mareinet.com/forum/ 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 Social Media own counsel, accountant and other advisors as to legal, tax, economic, investment and related matters concerning real estate and other investments. Google Plus Page: Content Disclaimer Kansas City Real Estate by MAREI The views and opinions expressed by authors of articles contributed to this newsletter do not neces- LinkedIn Group: sarily reflect those of the association, the board of directors or the staff. Kansas City Real Estate Investors Advertise in the Investment News Rate Schedule Twitter Size Non-Member Member Business Associate RealEstateKC Full Page $175 $140 $115 YouTube 1/2 Page $145 $105 $85 MAREI’s YouTube Page 1/4 Page $75 $65 $50 Facebook Page 1/8 Page $55 $35 $25 Kansas City Real Estate Investing 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 Facebook Group each month. All ads must be prepaid. Contact to verify ad format can be accepted. Kansas City Real Estate Investors 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 info@MAREInet.com. Mail payment to MAREI, PO Box 8685, Prairie Vil- lage, KS 66208 or request an online payment for to use credit or debit card. Page 4 MAREInet.com
  • 5. MAREI STAFF & Volunteers Executive Director Advisory Board / Membership Desk Kim Tucker Scott Tucker kim@MAREInet.com sTucker319@gmail.com Investor : Realtor Realtor Advisory Board Advisory Board / Membership Desk Donald Tucker Dan Goodwin DonTuckerRE@gmail.com DanGoodwin@kw.com Investor Realtor : Short Sales Focus Group Leader: Blue Springs / Lees Suumit Advisory Board / Membership Desk Debra Felderhoff Shelda Goodwin superiorrental@gmail.com SheldaGoodwin@kw.com Landlord : Investor Realtor : Short Sales Focus Group Leader: Weekly Wednesdays Advisory Board / Membership Desk Michelle Winberry L. Scott Ficinus mlwinberry@gmail.com Scott@Ficinus.com Investor : Realtor Realtor Focus Group Leader: Weekly Wednesdays Advisory Board / Membership Desk Brian Winberry John Welchert JWelchert@platinumrealtykc.com Investor : Realtor : Investor : Landlord Focus Group Leader: Women in Real Estate Focus Group Leader: Young Professional Investor Focus Group Leaders: Transaction Engineers Focus Group Leader: Commercial Focus Group Leader: Notes / Seller Finance Focus Group Leader: Advanced Investors Investment News Page 5
  • 6. Direc tor’s for J une N otes Here in m office we have one of those investments that Our first tool was price, and we have reduced and re- we lovingly call an “opportunity”. If you go see a lot of duced. So our next option was to offer to pay sellers the Gurus who talk about how easy it is to invest in real closing costs and market home with an area program estate. They don’t often talk about the “learning opportu- for first time home buyers called MHDC that will finance nities” that they have had in their own offices. the down payment for them on an FHA loan. Another option is to offer up bonuses to the buyer’s agent. I want to talk about our opportunity for two reasons. First I want you to know that even seasoned investors do get a Then we will turn to a few options that will open our dud from time to time and we have to work through the house up to buyers who have not been looking, which issues with them just like the brand new folks do. We just are buyers who cannot qualify for a loan. That means might have a few more tools in the tool box to fix the we are looking at offering the home lease to own and problems. Secondly, I want you to consider that the seller finance. These are tools in our box, but not quite sooner you figure out you have a learning opportunity, in our realm of expertise. That means we have and do something about it, the less money you are going reached out to a few experts in these areas to get help to spend on this education. on these options. So our deal was a great house in a great neighborhood. Which brings me to two more reasons to talk about a Our plan was to purchase it, renovate it, and list it to sell. learning opportunity. Third, we want to let you know to It is located in an awesome neighborhood that does not never be too proud to ask for help. We all need help see a lot of turn over or resale homes historically in the from time to time, so if you are in a situation that you past few years. We don’t even see a bunch of foreclo- don’t know what to do, please reach out and ask for it. sures or short sales. Based on the data we have and the Fourth, keep in mind the time value of money. Some renovation we completed, we listed at what we thought new investors will hold on to a dog investment be- was a very fair price. cause they don’t want to sell at a loss, which in turn No one wanted to look at it. We had a packed open costs them more in holding costs and lossed income house, the neighbors loved it. But no sale. We reduced that they might have made from another investment the price. Two more higher priced houses listed for sale. should they have taken a loss on the dog and rein- vested in something else. A month later, we note that there is now a short sale listed, and we have lowered our price again. We are still So at the Tuesday Meeting, please make it a goal to going to make a few dollars, but not enough to really come home with materials from all the vendors and make it worth our time and effort. business cards from at least 10 new people that you can put in your database as someone to reach out to No lookers and another month passes, 2 more houses for help or to offer help when an ‘Opportunity” to learn list. Now currently we are at bottom , break even price comes up. that based on comps is $30,000 less than what it should sell for and $15,000 less than our very conservative See you next Tuesday at the Meeting value. Including our home there are six homes listed for Kim sale. We are at the point we need to hit the tool box. Page 6 MAREInet.com
  • 7. Property Management Section 8 Housing Property Management KC Metro Wide Rental Services Kansas City Metro Jeff Woods Broker www.JamiesonHomeTeam.com www.MyPremierLeasing.com Kevin Jamieson 816-849500 816-503-4671 Sell Vacant Houses Faster and for more money! How? We transform vacant houses - often “Presentation is Everything!” seen by buyers as stale, lifeless, unappealing - into fully-furnished, inviting, valued Show- homes. Now in our third decade of service to Canyon-Stone.com Homeowners and their Realtors, we've become America's premier home staging service coast- 550 E. 56 Highway, Suite B to-coast. Olathe, KS, 66061 Our professional home staging services can add Phone: (913) 254-9300 thousands of dollars to your sale price -- and at the same time reduce the stress and expense of mar- Fax: (913) 254-9301 keting your property. info@canyon-stone.com ShowHomesKC.com www.Canyon-Stone.com Michelle Davis 913-449-3593 Investment News Page 7
  • 8. 2012 Real Estate Trade Show Career Education Systems on the top floor of Ward Parkway Shopping Center. Inves- tor and Business Members can attend NO CHARGE, non members can attend for a $5 donation to Harvesters or the donation of 3 non-perishable items. Member vendors can reserve a vendor table for as low as $25. In June, Mid-America Association of Real Es- There will be no speaker nor training sessions tate Investors is Celebrating. It has been a at this event. It will one big Vendor Trade great past year and we have grown our mem- Show with Vendors, General Marketing Table bership over the past year and improved our for Flyers, munchies and door prizes. organization. We thank all of our members, vol- unteers, subgroup leaders, vendors and speak- We highly encourage all of our Business ers who have contributed to our growth. Members to participate. We currently have space for 2 more tables that can be reserved. To celebrate, we are dropping our guest fees You can also bring a stack of business cards for our June 2012 to just $5 for the month of OR flyers, work the room and have fun all June and we are donating all of these fees to evening.. Harvesters Community Foodbank, a local food provider for Kansas City residents. Business Members can reserve a vendor ta- ble for no charge, and Investor & Internet For the month of June, we are also holding our Members can reserve for $25. To register for 2012 Trade Show on Tuesday June 12 from a table or RSVP for the event, please go to 6pm to 9pm our regular meeting place inside of Real Estate Professionals! 2012 Trade Show June 12th Monthly Meeting: Agenda More info and Registration http://www.MAREInet.com/June  Tuesday June 12th, 2012, 6pm  5:30 set up to 9pm  6:00 Expo Hall all Evening Door Prizes: Everyone will re-  Career Education Systems, Location ceive 1 ticket and can purchase  FREE for MAREI Members, Career Education Systems extra for $1 each. Funds to go Non-Members $5 Donation to Ward Parkway Shopping Center—top to Harvesters. Giving away Harvesters Community Food floor - 8600 Ward Parkway, Kansas several Real Estate Investing Network City, MO Home Study Courses. Page 8 MAREInet.com
  • 9. www.MAREInet.com/June. responsiveness of a boutique the monthly Foreclosure Report These spaces won’t last long, firm. Our team consisting of a for the Missouri side of the Kan- so RSVP Now and join us at full time attorney and a staff of sas City Metro. our 2012 Real Estate Trade trained title officers ensure that Show and Celebration! each transaction is given expert Community Buying- attention. Group, offers Members the So who is already signed up to ability to buy like larger compa- share their products and ser- Asset Protection Insurance nies, allowing smaller compa- vices with you? Take a look Agency policy protects your nies to be more competitive. through the next few pages. investment from the day you Through relationships with our buy it to the day you sell it. This Premier Supplier Network, we Accurate Title Company, is a covers rehab, sale and/or offer special incentives and full-service title agency that rep- rental. pricing on products that our resent a new breed of title com- Members use every day. pany with the resources and Coffelt Land Title, provides scope to handle even the big- accurate real estate title infor- (Continued on page 12) gest most complex transac- mation, title insurance and es- tions, but with the agility and crow services. We also publish All Guest Fees donated to Harvesters Guest Fee Tonight Only $5 Or 3 Non-Perish Items Please stop by Harvesters Booth at the meeting to find out how they can take a $5 Donation and combine it with corporate donors efforts to create 25 meals, how you and your company can help through donations and volunteering, and how they help feed Kansas City Citizens every day! And visit their website at Harvesters.org. Investment News Page 9
  • 10. 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. Landlord Services Suppliers Marketing Affordable Landlord Websites with a Screening for tenants & workers with 15% discount or free trial for members. 20% discount for members. 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. Websites for investors, landlords, and Electronic collection for bounced other services. FREE trial. rent checks. No charge to you. FORMS & DOCS Service Provider All members receive a discount card Member Library is packed with forms to access our exclusive discounts up and docs, plus 15 % discount at EZ to 40% off all paint, supplies, and Landlord Forms for premium forms. flooring—nationwide. Discount card for all members providing a 10% discount on all services. Market your rentals on the nations top ranked rental site. Member discount is 20% off Regular Prices. Members have access to many great News & Information tools and savings including discounts of up to 7% - nationwide. E-Update Office Solutions Our weekly email update with what’s happening in real estate including properties for sale, government af- fairs and local market data. Save on select FedEx Office copy and Discounts of products through Sears print services up to 20% and on Commercial plus 5% off Gift Cards. Investment News FedEx Shipping up to 22%. The newsletter for Mid-America Asso- Membership ciation of Real Estate Investors: pub- lished monthly and distributed both in print at our meetings and digitally to our Receive discounts up to 65% on over database of over 5000 people. 12,000 products you use the most online and in store. FREE membership in Community Buy- ing Group for all MAREI members to Continued . . . . bring you even more great discounts. Page 10 MAREInet.com
  • 11. Member Service We have several services as part of our website to help you grow Magazine for the real estate investor. your business. With discount subscriptions for MAREI members. MAREI’s Government Affairs ac- Other Discounts 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. Calendar of Events to stay up to date with all of our activities. MAREI mem- bers also re- ceive timely Calls to Action Nearly 70% of QuickBooks users say when there is a that it makes their business more prof- time for our itable. Get your Accounting on track. members to Buy at a 40% discount through Na- take action on an important vote. tional REIA. Browse the member properties to Members also find your next deal. Take the REAL ESTATE BOOKS have access time to post your investment op- to the latest The nation’s largest provider of portunities for other members in Market real estate training materi- and site visitors to browse. Data. als, DEARBORN is America’s Premier Real Estate Pub- lisher. Members receive up to 40% off. VISIT The Member Library is packed and ever growing with pdf ver- ww.MAREInet.com sions of entire books, EBooks, Special member discounts for Look under Resources - Articles, Forms, and Documents. members at Avis, Budget, and Enterprise Rentals. Discounts Investment News Page 11
  • 12. Have you met our Vendors Who will be at the Trade Show? HUD owned homes. Choice Cabinet offers built-to-order, all wood cabinets with all the same features that custom cabinets contain. BMW Investment Properties, offers personal coaching to walk hand in hand with you so you get results in your real estate investing. ShowHomesKC offers home staging with no up- front fees that includes a home manager to pro- (Continued from page 9) tect your investment. Home Depot, offers many ways for members to Sears Home Improvement specializes in re- save money, from their Volume Pricing Program placement windows, siding, HVAC, entry doors, at the Pro Desk, to valuable savings by signing roofing, kitchens, bathrooms, garage doors, floor- up as a Pro on their website, to our member’s ing, and more... only exclusive discounts 20% Discount on Paint and 2% Rebate on all Purchases. National Real Estate Insurance Group the right coverage at the right time: vacant, renovation, Premier Leasing offers Property management occupied. for all your needs! Serving the Kansas City metro area. We are also Section 8 housing Spe- Lowes offering MAREI members exclusive dis- cialists! counts including a 5% discount for everyone with a Lowes Accounts Receivable plus an extra 2% Home Vestors, local franchisee, JD Asbell offers for early payment. more than just great properties. Through his Destination for Properties find out about his Sherwin Williams offering MAREI members an property management services as well as his exclusive discount card saving between 35 and private lending. 40% on paint, supplies, and flooring. Refined Interior Staging Solutions goal is to help you sell your house within the shortest amount of time with the highest price possible. Citizen Tax Service, Certified Public Account- ant specializing in real estate accounting and tax planning. Get your accounting records organ- ized and make better business decisions. Arvest Bank offers both Secondary Market and In House loan options for Investment and Com- mercial properties. Scott Harvey – HUD Listing Broker will be there to answer your questions about purchasing Page 12 MAREInet.com
  • 13. Be sure to Wireless Security Systems Join Now Keypad, 3 doors, 1 motion, 1 primary & 1 door siren (Or Renew) One time Charge of $99 plus tax Go online at Includes installation Requires 36 month contract. Monthly Monitoring Fee $39.99 www.MAREInet.com Sell house For everyone that joins now or at the meeting transfer to new owner on Tuesday we have several free giveaway or move to new house items for you to choose from: DevconSecurity.com 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) Www.CoffeltLandTitle.com For title, escrow, 1031 & foreclosure. 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 Bud Whisler 816-380-3441 Investment News Page 13
  • 14. Housing Recovering Is it Here? Across the Real Estate Reporting agencies, data FHFA’s housing price index is calculated using is pointing to a slow but steady housing recovery. home sales price information based off Freddie Mac and Fannie Mae-backed mortgages. (to read full articles and supporting data, click on blue links when reading online at FHFA’s seasonally adjusted monthly index rose www.MAREInet.com/newsletter) 1.8 percent in March over February, which is the largest monthly increase in at least 20 years. RealtorMag May 25th: Home inventories of for- Year-over-year, home prices increased 2.7 per- sale listings continue to fall, which may help raise cent, FHFA reports. overall housing prices as demand picks up. "Increased affordability and a somewhat smaller Inventory of for-sale single-family homes, condos, inventory of homes for sale are positively im- townhouses, and co-ops dropped by 18.85 per- pacting house prices," says Andrew Leventis, cent in April compared to a year ago, according to FHFA’s principal economist. housing data of 146 metro markets tracked byREALTOR.com. Despite recent improvements in home prices, the percentage of underwater borrowers has “These key indicators continue to suggest the shown little improvement in the last year. More housing market may be at a turning point and than 30 percent of home owners in the first quar- headed towards a broad-based recovery,” REAL- ter remained underwater on their mortgage, ow- TOR.com notes in a release on its April housing ing more on their home than it’s currently worth, data. “Lower inventories, combined with faster according to a new Zillow housing report. moving markets and relatively stable median list- ing prices are indicative of the kind of balanced A year ago, 32.4 percent of all borrowers had housing market that has not been seen in many negative equity on their loan compared to 31.4 years.” percent during the most recent quarter, Zillow reports. On a national basis, the median age of inventory dropped nearly 12 percent year-over-year. Yet, Zillow notes that nine out of 10 underwater borrowers are current on their mortgage pay- RealtorMag May 24th: The Federal Housing Fi- ments. nance Agency reported that nationwide home prices posted their first gain in the first quarter "[It's] important to note that negative equity re- since 2007. While the gain was modest at 0.6 per- mains only a paper loss for the vast majority of cent, housing experts note it’s still another sign underwater home owners," says Stan that the housing market is gaining momentum. (Continued on page 16) Page 16 MAREInet.com
  • 15. New Members Renewing ► Travis Abbot: Parker, CO ► George Cherian: Prairie Village, KS Since 2011 ► Andrew Bacon: Parker, CO ► JE Hutchens: Blue Springs, MO Since 2008 ► Adam Doran: Tonganoxie, KS ► Steve Hulme: Overland Park, KS Since 2011 ► William & Tina Gentry: Kansas City, MO ► Steve Kelman: Mission, KS Since 2009 ► Steve & Kelly Gilliland: Liberty, MO ► Mark Klinkenberg: Raymore, MO Since 2011 ► Scott Harvey: Olathe, KS ► Richard Romines: Independence, MO Since 2011 ► Christopher Heintzelman: Gardner, KS ► Renee Swain: Lees Summit, MO Since 2010 ► Brian Johnston: Kansas City, MO ► Melissa Wurtz: Overland Park, KS Since 2008 ► Maggie Lee: Stilwell, KS ► Kevin Mason: Leawood, KS ► ► Paolo Mesia: Parkville, MO Paul Panos: Parkville, MO Business Members ► Corinna Sander: Gardner, KS ► Lisa Goodner with Asset Protection Insurance Agency ► Mike Stroud: Overland Park, KS Member Since 2006 ► EzeQuiel & German Uresti: Lees Summit, MO ► Jim Jrolf with National Real Estate Insurance Group ► Marty Watson: Gladstone, MO Member Since 2008 ► John Whitfield: Kansas City, KS ► Josh Burns with Cabinet Giant New Member ► Mary Wilcox: Independence, MO ► Bud Whisler with Coffelt Land Title New Member Investment News Page 15
  • 16. Real Estate Article (Continued from page 14) a new federal budget must be passed before Humphries, Zillow's chief economist. "As home the end of the year for the economy to continue values slowly increase and these home owners to move forward.” continue to pay down their principal, they will surface again." The housing forecast has been upgraded, with existing-home sales expected to reach 4.66 Realtor.org, May 30th: Pending home sales million this year, compared with 4.26 million in retrenched in April following three consecutive 2011. The outlook for 2013 is now 4.92 million, monthly gains, but are notably higher than a but could vary significantly depending on two year ago, according to the National Association scenarios. of Realtors®. If lending returns to normal, the 2013 outlook The Pending Home Sales Index,* a forward- for existing-home sales would measurably im- looking indicator based on contract signings, de- clined 5.5 percent to 95.5 from a downwardly prove to 5.3 million. However, a fiscal cliff sce- revised 101.1 in March but is 14.4 percent above nario of higher taxes and sharp spending cuts April 2011 when it was 83.5. The data reflects beginning in early 2013, which is an unlikely contracts but not closings. event but still worth noting, would lower the sales projection to 4.5 million. Lawrence Yun, NAR chief economist, said a one -month setback in light of many months of gains Because of measurably lower inventory sup- does not change the fundamentally improving plies, the forecast for home prices has been housing market conditions. “Home contract ac- upwardly revised with the median existing- tivity has been above year-ago levels now for home price projected to rise 2 to 3 percent this 12 consecutive months. The housing recovery year and 4 to 5 percent in 2013, with wide local momentum continues,” he said. market variations. Yun notes home sales are staying well above To access sales data, please go to: http:// the levels seen from 2008 through www.realtor.org/research-and-statistics/ 2011. “Housing market activity has clearly housing-statistics Local data can be found at broken out at notably higher levels and is on http://www.kcrar.com/market-statistics track to see the best performance since 2007,” he said. “All of the major housing market indi- cators are expected to trend gradually up, but Page 18 MAREInet.com
  • 17. Visit www.MAREInet.com/PMB Or email info@MAREInet.com Investment News Page 19
  • 18. CALENDAR OF EVENTS Locations, Costs & Registration At www.MAREInet.com/Calendar Wednesday, June 5th Saturday, June 23rd  9:00am Sub-Group: Weekly Wednesdays  4:00pm Sub-Group: Blue Springs / Inde- pendence Real Estate Investors Saturday, June 9th  4:00pm Sub-Group: Blue Springs / Inde- Sunday, June 24th pendence Real Estate Investors  9:00am Sub-Group: Lees Summit Real Estate Investors Sunday, June 10th  9:00am Sub-Group: Lees Summit Real Es- Wednesday, June 27th tate Investors  9:00am Sub-Group: Weekly Wednesdays Tuesday, June 12th Saturday, June 30th Monthly Meeting Career Education Systems,  4:00pm Sub-Group: Blue Springs / Inde- Ward Pkwy Shopping Center pendence Real Estate Investors  5:30pm Pre-Meeting—Set up Sunday, July 1st  6:00pm Monthly Vendor Hall / Networking  9:00am Sub-Group: Lees Summit Real Estate Investors Wednesday, June 13th Wednesday, July 4th  9:00am Sub-Group: Weekly Wednesdays  National Holiday, no Meeting Saturday, June 16th Tuesday July 10th  4:00pm SubGroup: Blue Springs / Inde- pendence Real Estate Investors  Major League Baseballs 83rd All Star Game and Events here in Kansas City. No Meet- Sunday, June 17th ing, watch for alternative events.  9:00am Sub-Group: Lees Summit Real Es- Tuesday, August 14th tate Investors  Lease Options with Marck DeLatour Wednesday, June 20th Saturday, August 25th  9:00am Sub-Group: Weekly Wednesdays  Realty 411 & reWealth present their Mid- June 20th—27th West Real Estate Investor Expot  MAREI offices closed. Directors travel to Na- Sunday, August 26th tional REIA Mid Year Conference  Bus Tour with SBD Housing Page 18 MAREInet.com
  • 19. For Investors By Investors In this market, you want an agent on your side that has the knowledge, the ability, www.APIAProtects.com 1(877) 752-2742 the EXPERIENCE, Lisa Goodner and the resources to help you! 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- Realty Resource vices. 8014 State Line Rd, #210 816-523-4400 www.RealtyResourceKC.com HOUSES WANTED  Built After 1950 Minimum 3 Bed, 1.5 Bath On Demand Training Eastern Jackson County 30 Minute Segments MO or Johnson County KS Top Investor Trainers Retail Value $100k-$200k From the Comfort of Your own Internet Connection No Rental $39.00 Training Courses Local Cash Buyer Looking for 2 to 4 Houses a REO & Lease Option month to purchase, rehab and sell. Money Part- Creative Financing ners want their money placed quickly so they can Automated Investments turn their money fast and make a profit. Can’t do Auctions & Foreclosures that with out houses! Bring us a deal! Short Sales Wholesaling 101 Email: kcmoHomeBuyer@gmail.com Submit Online: kcmoHomeBuyer.com www.MAREIU.com Investment News Page 23
  • 20. Using the Member Website Accessing the Forum . We recommend you check out the MAREI Member Forums. This is where you can ask a question about anything real estate related or business related. This is not a place to “advertise” yourself by just posting ads, but you can still advertise in a sneaky and devious manner . . . Interacting with the other members. On the past two pages, we walked you through updating your profile. Now when you visit the “Member Forums” and see other people posting questions, you are more than welcome to share you knowledge and post a responses that fits the question. When you make a response, your contact name will appear with a link. They click on the link and your bio will come up. We further suggest putting a signature line at the bottom of your post: So first how do you get to the member forums? If you are still logged in from updating your member profile, you will probably still be in your “Dashboard”. You need to navigate from the “Dashboard” back to the main site. To do this, hover your mouse over the words “MAREI member forum” at the top left and you will see a link open up that says “Visit Site” - click that to go back to the main site. From there, go to the “Resources Tab” and click on the little downward pointing carrot and select “Forum” in the drop down menu. If you are starting fresh and have not yet logged in, go to www.MAREInet.com. From there, go to the “Resources Tab” and click on “Forum” in the drop down menu. Last you would need to scroll to the bottom right hand corner and log in, when you log in, you should remain on the page where you started. Once you are on the forums and logged you will see we have quite a few forums. If there is one topic of particular interest to you, click on it and Subscribe. For now we will show you how to Subscribe to the “Available Whole- sale Properties” under the “Wholesaling Forum.” Step One: click on “Available Wholesale Properties” listed within the Wholesaling Forum The forum will open up . Step Two: click on the Subscribe on the tab. Now whenever anyone makes a post of a property for sale, you should receive an email. You can subscribe to any forum you like or if you are getting post you don’t really want, you can do the same basic steps to unsubscribe. Page 20 MAREInet.com
  • 21. INVESTMENT OPPORTUNITY Member Properties More at MAREInet.com/Properties 109th & Marsh $34,900 3 bed Great Opportunity on Don Tucker 1.5 bath this turn key rental 816-523-4400 Kansas City, MO 1 car gar home in South Kansas kcmoHome- Basement City Buyer@gmail.com Www.GBIfunding.com 4025 Agnes $45,000 4 bed ROI with cash sale— Laura Johnson 2 bath 15%. ROI with Finance Adept Properties Kansas City, MO Full bsmt d sale 48% adeptproper- ties@gmail.com AdeptPropertiesLLC.com 19418 E 5th Ct N $45,000 4 bed Needs very little to b e Rick Zeitun 2 bath rent ready or could Prime KC Homes Independence, Mo 2 car make easy flip property 913-461-8560 in the low $80s PrimeKCHomes.com 209 NE Country Ln $157,000 3 Bdrm Rehabbed home in Lees Listed by Paula Hight 2 bath summit from Greg with Platinum- Lee’s Summit, MO 2 Car Gar Billeisen. RealtyKC.com 816-820-1144 609 SE Douglas $89,000 2 bdrm Excellent Rental Prop- Russell Armstrong 1 bath erty, Ready to Occupy Mid-West Cottages Lee’s Summit, Mo 2 car in Lee’s Summit Mo 888-689-6878 11829 W 100th Tr $129,900 3 bdrm Just off Quivera, liv- Don Tucker 2.5 bath able, comps near $200k 816-523-4400 Overland Park, KS 2 car kcmoHome- Buyer@gmail.com 2236 Quincy $12,500 3 bdrm Handyman Special, Christoph Becker 1 bath Easy Rehab Blueprint Properties Kansas City, MO Full bsmt 816–419–1165 BlueprintPropertySolu- tions.com 13035 Canaan Dr $389,000 Restaurant Turn Key—Pizza Place. Adam Doran Wholesale Priced Make It Move Props. Bonner Springs, KS 913-735-5673 makeitmoveproper- ties@gmail.com Investment News Page 25
  • 22. What to look for in a Kansas City Area Title Company lost due to skittish buyers or sellers on the other end of the transaction. From Accurate Title Company 4. Affordable Rates: 1. Your Title Company Do a quick survey of fees among title companies. Always choose your own real estate title closing Most will have similar fees. Some will offer special agent to guarantee against any conflict of inter- deals for buyers or sellers who do repeat transac- tions. Here in Kansas City, one common fee is an est. Problems can arise when a title company is extra fee if no Real Estate Agent is part of the trans- owned by the mortgage broker or lender. By request- action, so be sure to find out these bonus fees up ing that your lender use a title company that you front. Don’t wait till closing to find out about fees, so have selected, your best interests are protected. you don’t have extra fees pop you really don’t want the day of closing. 2. Attorney on Staff. Having an Attorney on Staff that is highly familiar with 5. Friendly & Prompt Service: Real Estate means that every transaction is subject Having a title company that will offer the extra service can often save you time and money. Having numer- to a high level of independent legal real estate ous ways to communicate including phone, fax, and experience. This also ensures that the company has email as well as face to face will accommodate all of the resources available to anticipate problems and your buyers and sellers. When you need a closing at a remote location, for example a buyer or seller who address them if they arise. The result is an efficient might be out of the country or in the hospital, having a transaction that closes smoothly and free of prob- way to get the paperwork and notary to them is vital. lems, both for the Seller and the Buyer or owner refi- Secondly having a company that can push the en- nancing. velop and turn around a file in a day or two or will of- 2. Experience: fer extra services when you need estimated HUDs for Look for a company that has been in business with Short Sales, or help with a quick question on title or experienced staff who have established business re- closing rules at the end of a phone call can save you lationships with the associations, lenders, and integral time and money. support companies providing management, insur- Many will also offer extra services like 1031 Ex- ance, realty, survey, and appraisal services in the change, Ownership & Encumbrance Report. Many area. This will allow them to completes every transac- will also have a complete set of forms and contracts tion smoothly and quickly, with no time lost tracking to help you put together a transaction. down the people and companies necessary to get the real estate transaction completed. An experienced So as you build your real estate investing team, title company and experienced staff can get your spend some time in finding the right title company transaction closed more efficiently and with less is- before you need them so you have the time to get the sues popping up. one who will represent your interests. Then take the time to get set up with them. If you are buying in an 3. Local Convenience: corporate entity, get your necessary paperwork that Having a established local company is going to be they are going to prove the entity does exist and that able to access local systems and be more convenient you have the authority to sign for company in place. to your buyers and sellers and allow an on hands ap- A good company will want to keep this on file. proach. When working with a jumpy buyer or seller having a local, professional to apply hand holding can help you complete your transactions, often times get- ting some transactions closed that might have been Page 22 MAREInet.com
  • 23. Affordable, Hands-on Mentoring in KC "Doing Deals” Property Insurance for Experienced Investor/ over 150 deals done/ all Rental, Vacant & Construction areas creative finance / Wholesaling/ Seller Finance/ Subject to / Short Sales/ Private Residential & Commercial Lenders / Affordable Marketing/ Probates / Pay-As-You-Go Cash Buyers / Apartments & MORE! Jim Jrolf Please text or email for your FREE information package Or complementary appointment / Toll Free: 888-741-8454 Direct: 913-951-3232 832-766-6997 NREInsurnace.com MentorMarkPantak@gmail.com MAREInet.com/NREIG accurate Accurate Closings: The best place on the entire Smooth, Timely, Professional. planet to buy kitchen cabinets. Title Services Provided for: We Have The Best Prices  FSBO, Wholesale, & REO Transactions  New Construction Closings Everything Is In Stock  Commercial Purchases and Refinance  All Types of Loan Closings We Ship Fast  1031 Exchanges  FHA, VA, USDA, Conventional Loans, and Free Design Help Hard Money Loan Closings  Refinance & Reverse Mortgages www.CabinetGiant.com  Doc Prep, Prelim HUDS, Curing Issues  Short Sale Closing & Assistance  100 Years of Combined Service! Josh Burns www.AccurateTitleCo.com 1-877-484-4268 913-338-0100 phone Investment News Page 27
  • 24. 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. GUEST SPEAKERS Marck Delatour Tim Norris, Lloyd Segal, SBD Housing So- President of Na- Trained as an at- lutions, formed tional Real Estate torney, working in 2003 to capi- Insurance Group as a mortgage talize on the and Affinity banker, real es- growing number Group Manage- tate investor, and of financially dis- ment is an in- public speaker. tressed homes in the Kansas dustry-recognized investor, Author of City area. Since that time, SBD speaker and educator. He is “Everything You Wanted to Know has grown to become the pre- Treasurer of the National REIA About Chapter 11 Bankruptcy . . . mier supplier of foreclosure and and is a member of their Indus- But Were Afraid to Ask” and pre-foreclosure homes in the try Partner Council. Tim is an “Stop Foreclosure Now”. Founder Jackson County Area, attracting active real estate investor and of California Foreclosure Institute investors from all over the resides in the Kansas City area which provides in-depth educa- world. with his wife and 2 daughters. tion on all aspects of foreclosure. Hilton Garden Inn Independence RSVP: FREE VIP Passes 19677 East Jackson Drive http://mid-westrealestateexpo.eventbrite.com/ Hotel Phone: 816-350-3000 Or call 310-994-1962 Independence, MO 64057 Email: realty411guide@msn.com Saturday, August 25, 2012 Find out about the Bus Tour on Sunday the from 9:00 AM to 4:00 PM (CT) 26th (Prices: $95 for 1 / $145 for 2)