April 2013 newsletter


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The Investment News is the monthly newsletter for Real Estate Professionals from Mid-America Association of Real Estate Investors based in the Kansas City Metro and serving the Real Estate Industry since 2003.

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April 2013 newsletter

  1. 1. Mid-West Real Estate Expo from Realty 411—April 20th, at time of printing 160 people registered! Page 27. MID-AMERICA ASSOCIATION OF REAL ESTATE INVESTORS Investment News NETWORKING : EDUCATION : COMMUNITY : GOVERNMENT April 2013 M A R E I’S M E Y M O B U A E R R T M B -A E E M P N B E a -G E FI ge R T S B L E 12 P A N R E O N F G IT R C S A M E
  2. 2. In This Issue Multi Family Fundamentals— 6 Do Not Face a Cliff The Real Estate Industry 8 Has Seriously Dropped the Ball Audio Postcards 10 Grab Attention & Increase Leads Self Storage Market Your Self Storage Facility 14 at Maximum Velocity Getting Established 18 Your Business Resume 20 Case Study Real Estate Investing Food for Thought 24 Funding Your Deals 8 Step Process Every Issue 12 Benefits at a Glance 18 Membership 22 Investment Opportunities 28 Monthly Calendar FREE Gift for APRIL Meeting Attendees @ Check out our Website MAREInet.com Personal Real Estate Contact us by Phone Investor Magazine 913-815-0111 March / April 2013 Email US Special Feature Section info@MAREInet.com NoteWorthy Guide to Join The Conversation Profitable Investing in MAREInet.com/Blog Real Estate Notes Join Association MAREInet.com/MembershipPage 2 MAREInet.com
  3. 3. SERVICES THAT PUT PROSAND INVESTORS FIRSTWith our FIRST for Pro initiative, The Home Depot is takingEven better care of our best customers. FAST IN AND OUT Time is money — we’ll get you back to work quickly.  Dedicated Pro Desk Associates.  Two hour advance order pulling. In Store Hands On—How To Workshops Want to learn How a project is completed. Check out our workshops.  In store workshops each month, check out our website and your local store.  Access step by step video 24-7 on our website—look for our Project Guide Library 10% Price Guarantee If you find a lower price on identical in-stock item  We will match the price & beat it by 10%.  Excludes special orders & bid pricing and others—see website for complete details. GREAT PRICES JUST FOR PROS We Offer everyday low prices, plus more ways to save on larger orders.  You can count on competitive pricing on everything in every department  Volume pricing discounts available on purchases as low as $2,500.  Instant bulk price savings available 1000s of items. SPECIAL DISCOUNTS FOR MAREI MAREI members receive special discounts at The Home Depot nationwide.  Two percent rebate paid twice a year on all purchases made through all registered accounts.  Twenty percent discount on selected paint brands.  Exclusive to members of National REIA. EXCLUSIVE PROJECT ESTIMATOR APP Coming in 2013, the Home Depot Project Estimator App for iPad, a business changing tool for National REIA Chapter members nationwide. Watch your local REIA Chapter for Investment News Page 3 more information.
  4. 4. Mid-America Association of Real Estate Investors The only National REIA Chapter in the Tri State Region Serving KS, MO & NE Honor’s of Merritt Winner National REIA Contact Information Awards of Excellence 2011 & 2012 PO Box 8685, Prairie Village KS, 66208 Phone: 913-815-0111 Email: info@MAREInet.com Read Newsletter Online Anytime MAREInet.com/Newsletter Our Mission Statement Mid-America Association of Real Estate Investors is dedicated to promoting ethical real estate investing and to protect and promote the best interest of our membership through educational Connect with us Online and networking opportunities as well as community, legislative and public relations. LinkedIn Group: Kansas City Real Estate Investors 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 Facebook Page: his/her own counsel, accountant and other advisors as to legal, tax, economic, investment and related matters concerning real estate and other investments. Kansas City Real Estate Investing Content Disclaimer Facebook.com/Groups The views and opinions expressed by authors of articles contributed to this newsletter do not necessarily reflect those of the association, the board of directors or the staff. Kansas City Real Estate: /kcrei/ Mid-Missouri Real Estate: /MidMo/ Advertise in the Investment News Omaha Real Estate: /OmahaRE/ Rate Schedule Topeka Real Estate: /TopekaRE/ Size Non-Member Member Business Associate Wichita Real Estate: /WichitaRE/ Full Page $175 $140 $115 Special Groups Facebook 1/2 Page $145 $105 $85 KCMO Water Dept Issues: /badbilling/ 1/4 Page $75 $65 $50 1/8 Page $55 $35 $25 MO Creative Finance Legislation Find us on Twitter A 10% discount is given on ads pre-paid for 6-12 months. Any changes to a pre-paid ad will incur a minimum charge of $20. The deadline to submit ad copy is the 1st of each month. All @MAREInet ads must be prepaid. Contact to verify ad format can be accepted. PDF preferred. There is an additional charge of $25 to typeset a business card ad or 1/4 page ad layout, $60 for a 1/2 Tweet #KCREI 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 Village, KS 66208 or request an online payment for to use credit or debit card.Page 4 MAREInet.com
  5. 5. LET US HELPKEEP PROPERTIES MARKETABLEKeep Costs Under Control & Meet Tight DeadlinesDedicated to your Success, With Solutions for Every Surface & All the Essentials National Account Services LEED® & VOC Coatings Color Services Flooring Products & Installation Our strategic account teams can Download the latest guide on Find out about our color design simplify processes and maximize our products that meet LEED® services for properties and read Wide variety of name brands, efficiencies with centralized and low VOC specs. about the latest color trends. 24-hour turnaround and reliable account management. installation. Commercial Wallpaper Commercial Floor Coverings HomeScapes® Finishing Touch™ Builder Support Program Sherwin-Williams is your From carpeting to sheet vinyl, Enhance curb appeal and make one-stop source for commercial select the right floorcovering selection easier with pre- Comprehensive Program for wall covering. Over 5,000 specific to your needs. Fully selected exterior color schemes. your Home Buyers: Welcome residential and commercial stocked national network, fast Kits, Discount Cards, and Model wallpaper collections available. turnaround and reliable service. Home Programs. EXCLUSIVE MEMBER DISCOUNT MAREI as a member of National REIA is able to bring our members the exclusive Sherwin William Discount Card that offers unbeatable savings on paint, applicators, floorcov- ering, paint sundries, wall covering, spray equipment, and even window treatments! Members look for your discount card in your members Benefit Package or download from the Member’s Dis- count Section of the MAREI Member Library. ASK SHERWIN WILLIAMS Find out more about all these products and services offered by Sherwin Wil- liams plus their Chip It Online Color Matcher, ColorSnap Studio for iPad and their Paint Pro Alerts by Text at www.Sherwin-Williams.com . Investment News Page 5
  6. 6. g Columnist REI Contributin ictor Calanog, N Nov 13, 2012 11:59 AM, By V Much has been written recently about potential 2014, so that 2013 figures hover closer to 130,000 risks to overbuilding in multifamily—in fact, I com- units—not far off from the pre-recession 10-year av- mented on this issue last April in my NREI column, erage. The “bubble” now shows up in 2014, but if but I noted that analyzing the supply side is not economic growth ramps up by then (Moody’s Econo- enough. Demand for apartments will remain strong, my.com is projecting GDP growth of over 4 percent and will rise further if economic growth quickens. in 2014, up significantly from 2.0 percent in 2012 and 2.9 percent in 2013), the additional supply will most Apartment fundamentals have bounced back robust- likely be absorbed relatively painlessly. ly since the recession ended in June 2009. Despite middling economic growth, the national vacancy rate This is not to say that certain metros will not be at dropped sharply from a peak of 8.0 percent at the risk. Washington, D.C. and suburban Maryland, for end of 2009 to 4.6 percent in the third quarter of instance, both face historically high inventory growth 2012. Vacancy rates that are this low have not been prospects over the next couple of years; these met- observed since late 2001. ros cannot rely on solid demand drivers like strong employment growth in certain sectors such as tech Asking and effective rents have risen for 11 consec- to push demand for rentals like Austin, Texas or Se- utive quarters and in many areas have surpassed attle. previous peaks achieved in the third quarter of 2008, before the fall of Lehman Brothers. Landlords face While the single-family housing market finally ap- little pressure to offer concessions given how tight pears to be on the mend, this does not automatically mean less demand for multifamily. Jay Lybik, vice rental markets are in most places. president for market research at Equity Residential, Construction also remains tight, with less than 37,000 units coming online over the last three quarters of 2012. An additional 18,000 units are expected to open their doors in the fourth quarter; that adds up to about 55,000 units for the year, a slight increase from 2011 but well below the 125,000 annual average from 2000 to 2009. GRADUAL RETURN TO NORMALCY Earlier in 2012, there were signs that con- struction would spike in 2013, in the order of 150,000 to 200,000 units. Developers have since postponed many projects to (Continued on page 7)Page 6 MAREInet.com
  7. 7. a Chicago-based REIT, tracksmove-outs very closely every APARTMENT HOUSEquarter and has witnessed little to INVESTINGno change in the number of resi-dents leaving to buy a home. Data MAREI April 4th Monthly Meetingfrom the National Association of With Worcester InvestmentsRealtors also shows first-time 6:00 pm Networkinghome-buyers percentage of sales 7:00 Announcementsflat after spiking due to the Home 7:15 PresentationBuyer Tax Credit, which expired in The Trusted Name in Kansas City Investor & Business Members No Charge2010. Single-family homes that are Apartment Investing Non-Members / Internet Members Fee (Continued on page 26) www.Worcester-Investments.com More info at MAREInet.com/KCNorth www.CoffeltLandTitle.com ASSET PROTECTION For title, escrow, INSURANCE AGENCY 1031 & foreclosure.  REO Insurance  Forced Place  Vacant Property  One Policy All Properties  Monthly Billing Bud Whisler 816-380-3441 Investment News Page 7
  8. 8. The Real Estate Industry iously Dro pped the Has Ser Ball!The Real Estate Industry has seriously the fact that the RE industry has languisheddropped the ball! And this is not a recent behind in allowing the average John Doe anoccurrence…. avenue to invest his hard earned money in Real Estate is a realThe big winner through the past few dec- shame.ades has been the financial services indus-try. People have to invest their money Now dawns a new age of investing . . .somewhere, and when real estate agents, where geography and physical presencebrokers, property managers made it FAR mean nothing. In the same way that youTOO complicated to invest in houses, they don’t need to drive to Atlanta and tour theturned to the sophisticated and finely tuned Coca Cola plant to feel comfortable invest-model of the stock market. This well-oiled ing in Coca Cola stock, SBD Housing’s de-machine has done a great job of catering tailed 9-page Investment Prospectus moreto those in their wealth accumulating than prepares an investor to make an in-phase of life. And it seemed that only formed buying decision. SBD Housing So-those real estate investors lutions is a Kansas City based operation butthat were ‘hands on’ with (Continued on page 9)their investments were theones able to buy and properlymanage rental property.The fact that Financial Advisors have in-grained themselves in American culture tothe point that anyone wanting to put somemoney aside for retirement is naturally go-ing to do it through mutual funds or stockinvestments says a lot about their customerservice!Not that investing in the stock market is abad thing! Not at all…..but by comparison,Page 8 MAREInet.com
  9. 9. (Continued from page 8) ing properties, the acquisi- Although I am not naïve tion, utilities, construction enough to think I can changehas clients from as far as estimates, project manage- an industry single handedly,Brazil, the U.K., Australia, ment, remodel, bill payment, I believe that we in the RealSouth Africa and Hong Kong. leasing and property man- Estate services industry canMost have never seen the agement. Our clients know all do our part to bring someassets that they own, and that the ‘value added’ is in credibility back to the soundyet are cashing the monthly the details. Being able to in- investment option thatrental checks every month vest in Real Estate with the is…..housing.like clockwork. same ease as the stock mar- Marck de Lautour, BBA MBAAs an all-inclusive real estate ket has always been the SBD Housing Solutionsinvestment firm, we special- goal.ize in building wealth for ourclients. Taking a leaf fromthe Financial Planners book,we actually take the time tosit and discuss a plan of ac-tion with our clients; wheredo they want to invest, whatcash do they have available, Building Wealthdo they plan on leveraging Through Real Estatetheir assets, when will they www.SBDHousing.combe looking to use the cash 816-994-9401flow as an income source forretirement, all of which arejust pieces of a very personal CASE STUDIES Why Buy Now Inand unique puzzle. DUE DILIGENCE Kansas CityAt SBD Housing Solutions we MAREI April 9th Monthly Meeting Realty 411’s With Marck de Lautour Mid-West Real Estatehandle the entire operation Investing Expofor our clients. From target- 6:00 pm Networking 7:00 Announcements Saturday April 20th 7:15 Presentation No Charge Register Investor & Business Members No Charge MAREInet.com/Realty411 Non-Members / Internet Members Fee Buying Bus Tour More info at www.MAREInet.com/KCSouth Sunday April 21stInvestment News Page 9
  10. 10. se Audio P ostcards to How I U ttention an d Increase Grab A Leads from FSBO’s. Duncan Wierman Real Estate Investor & Internet Marketer Article from Duncan Wierman at www.DuncanWierman.comAudio Postcards will bring leads faster working I set up the search toFSBOs display results: All houses within 10 miles of ZIPCODE with 3 bedroom, 2 bath , gar- age. Then I will view each property the search returns to me. Then I go to the contact information section. In the email reply form, I simply cut and past the codeListen to my Sample: from AudioGenerator to the form and press submit. http://www.MAREINet.com/Audio-Gen Voila. Offer is done. I direct them back to my website andThis is such a great marketing method. On our FSBO mar- then I collect only the motivated seller leads.keting we do, we get nearly 30% calling us back. That is This is also a great way to post your customers audiophenomenal. Below is the audio I used in the postcard as a testimonial right on your website. I also recommend us-sample for you to listen to. ing these postcard to make generic house offers to open the door to negotiations. This simple postcard took all ofMaking Offers with audio postcards about 5 minutes to create.The strategy I use is quite simple for making offers. I will Think of the impact this type of product could make on aset up searches on sites: promotional campaign. You could announce your house www.fsbo.com buying program to motivated FSBO sellers, talk about a www.forsalebyowner.com new property you just listed, send a thank you note. The www.owners.com ways you can use this are plentiful. Best of all the pro- www.4salebyownerusa.com cess is very simple doesnt require the listener to down- www.topfsbo.com load any software or plug ins. www.buyowner.com On first thought, they may seem like a a cutesy-gimmickyPage 10 MAREInet.com
  11. 11. HARNESS THE INTERNET AND EXPLODE YOUR REAL ESTATE BUSINESS WITH DUNCAN WIERMANsolution but not many people are using this techniques SPEAKING AT THE REALTY411to bring them deals. Try it! AudioGenerator created a MID-WEST REAL ESTATE EXPOgreat service! www.MAREInet.com/Realty411 accurate Accurate Closings: Smooth, Timely, Professional. Title Services Provided for: Offering a range of flooring  FSBO, Wholesale, & REO Transactions options to give wholesale  New Construction Closings  Commercial Purchases and Refinance pricing and discounts to  All Types of Loan Closings trade professionals.  1031 Exchanges  FHA, VA, USDA, Conventional Loans, and Hard Money Loan Closings  Refinance & Reverse Mortgages  Doc Prep, Prelim HUDS, Curing Issues ProSource of KC West  Short Sale Closing & Assistance 7228 W. Frontage Road  100 Years of Combined Service! Overland Park, KS 66203 www.APIA Protects.com 913-599-4488 www.AccurateTitleCo.com 913-338-0100 phone Investment News Page 11
  12. 12. 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 News & Information E-Update MAREI’s award winning weekly email update with what’s happening in real estate including properties for sale, gov-Screening for tenants & workers with ernment affairs and local market data. 20% discount for members. Learn how to save money at Home De- pot and register for a 2% Rebate for all Investment News purchases & rentals across the US. FORMS & DOCS Plus 20% Discount on Paint in Kansas The award winning newsletter for Mid-Member Library is packed with forms City. And coming in 2013 the New America Association of Real Estate In-and docs, plus 15 % discount at EZ Home Depot App for iPad exclusively for vestors: published monthly and distrib-Landlord Forms for premium forms. Chapter Members to use in project esti- uted both in print at our meetings and mation on home repair and remodel. digitally to our database of over 5000 people. One of the best ways to get your message in front of a targeted group of real estate professionals.Market your rentals on the nations topranked rental site. Member discount All members receive a discount card is 20% off Regular Prices. to access our exclusive discounts up to 40% off all paint, supplies, and flooring—nationwide.Office Solutions MarketingSave on select FedEx Office copy andprint services up to 20% and on Fed- Ex Shipping up to 22%. Websites for investors, landlords, and Free issues of both magazines other services. FREE trial. available at the monthly meetings of MAREI.Receive discounts up to 65% on over 12,000 products you use the most online and in store. Email and Social Media Marketing, Free Trial and Discounts for paying in ad- vance.Page 12 MAREInet.com
  13. 13. Other Discounts Member Service We have several services as part of our website to help you grow MAREI’s Political Advocacy Group your business. actively monitors national legisla- tion and rule-making that im- pacts the real estate industry and harnessing the strength of MAREI Nearly 70% of QuickBooks users say members at the grassroots level.that it makes their business more prof- itable. Get your Accounting on track. Buy at a 20% discount our special MAREI mem- links from the MAREI Web Site. bers also re- ceive timely Calls to Action REAL ESTATE BOOKS Calendar of Events to stay up to when there is a date with all of our activities. The nation’s largest provider of time for our real estate training materi- members to als, DEARBORN is America’s take action on Premier Real Estate Publish- an important vote. er. Members receive up to 40% off. Members also have access to the latest Browse the member properties to in Market Da- find your next deal. Take the ta. time to post your investment op- portunities for other members Special member discounts for and site visitors to browse. members at Avis, Budget, and Enterprise Rentals. VISIT ww.MAREInet.com The Member Library is packed Look under Resources & and ever growing with pdf ver- Members Only The Local Market Monitor tracks real estate sales and economic sions of entire books, EBooks, trends nation wide. Offering Articles, Forms, and Documents. 25% Discount for Members. Member Benefits Page 13
  14. 14. Market Your Self Storage Facility At MAXIMUM VELOCITY Wow, you have the keys! NOW WHAT? First impressions are always the BEST! Customer service, that’s a huge key to success in this industry. We go through You are at YOUR self storage facility. Even though occu- a checklist in our training, it goes something like this: pancy is lower than you want it to be, suddenly you feel your excitement level building. Why? This is your dream, • Find out the needs: large vs. small, long term vs. short you are an entrepreneur now. You see the future, your term dream and are ready to make it happen. • Why do they need self storage? Then appeal to them on What does the average renter think about when they think that level: moving, business, divorce, downsizing, college self storage? Downsizing? De-clutter? Too much stuff, student. but want to keep it? •Have you told them about the discounts, perks and added advantages you offer? 24 hour security, easy rental pay- Think about how often you see self storage facilities. It ment, temperature controlled units. must be a busy business with people storing their treas- ures, because self storage is everywhere. • Don’t forget to tell them about how they can save money: referrals, upgrading, first month free, savings for auto pay. It would be nice if those of us in self storage had a magical self storage wand to wave and “Voila, we have 100% oc- • Let them know about extended services: need a truck? cupancy!”. How about a business center? Boxes? No problem we offer those here. Let them know everything that they can do in Unfortunately the average is 76% occupancy. Why? Be- your one stop location. cause we do not use everything available to us. So, how do I promote my facility. What will make my place stand •Have them fill out a visitor’s card and the show them out and above the rest? around, let them know the units available in the size they want. Owning or managing a self storage facility will allow you to get to know the customer service industry up and close **Extra tip: follow up with them if they leave and reach out and personal. BUT, it goes beyond that!!! asking if they found what they needed. If not you are still there to help. How do you spread the word about your facility? Do you do any of these? You can bet that “in the day of the life” of a self storage owner or manager, it will rarely be a dull one. It takes pa- • What is your web presence? Do you have a website? Is tience and the outstanding ability to communicate well with it accurate? Does it do what you want? Have you tried both agencies, your staff and your tenants. local advertising? Flyers, newspapers and signs. Your potential hinges on happy tenants. With the right tools • Community sponsorship; i.e., churches, community and the right education or coaching, your experience as a sports, parades... Self Storage Owner or Manager can be the start of a re- • Media: do you have a Facebook or Twitter account? Air warding career in the self storage industry. spot on the radio, TV news commercial? Author: Kevin Rollings, CSSM© is the owner and CEO of •Your current clients: Did you let them know that there was Alcatraz Storage, Hoosiers Self Storage, and Self Storage a change in management, have you asked them to tell Facility Management. He will have a booth at the Real- friends? Have you let them know you appreciate them? ty411 Mid-West Real Estate Investor Expo. • Are you promoting it: car wash, free dump day, customer Whatever the situation is Kevin and his team have the an- appreciation day? Typically when visiting a self storage swers! Visit online at: unit facility, you will be greeted by the self storage manag- www.selfstoragefacilitymanagement.com er or owner. and get your 30 minute evaluation FREE!Page 14 MAREInet.com
  15. 15.  Residential Full service construc-  Commercial tion company offering  Renovation upgrades, curb ap- peal, remodel, or  Demolition complete renovation.  Flatwork  Foundations Call for References! Robert Massey Building Trades 816-868-1817SHOWHOMES ADDS VALUE TOVACANT HOUSES BY: Property Management Section 8 Housing KC Metro Wide Transforming vacant houses into valuable, cared-for homes that buyers respond to. Jeff Woods Keeping each home in show-to-sell condition seven days a week. Employing a professional decorator to decorate each home Broker using proven staging techniques, maximizing its appeal to buyers. www.MyPremierLeasing.com Hiring carefully screened and qualified Home Managers to live in and manage each home throughout the sales process. 816-849500 www.ShowHomesKansasCity.com 913-227-4364Investment News Page 15
  16. 16. Renewing New Members Albert Abraham (since 2009): Shawnee, KS Brant Asbell: DeSoto, KS Josephine Abraham (since 2009): Shawnee, KS Daniel Ashley: Oak Grove, MO Jerry Blair (since 2010): Weston, MO Kevin Baird: Independence, MO Jeffrey Bonner (since 2010): St Joseph, MO Larry Christensen (since 2008): Weatherby Lake, MO Albert Becorra: Shawnee, KS Jennifer Crouch (since 2011): Overland Park, KS Charles Buk: Harrisonville, MO Chris Elliott (since 2009): Leawood, KS Lonnie Clark: Grain Valley, MO Ed Ethington (since 2008): Kansas City, MO Brennan Cribbs: Lenexa, KS Mark Fortin (since 2010): Raytown, MO Bog Docman: Kansas City, KS Eric Gentry (since 2013) Brian Fletcher: Olathe, KS David Klein (since 2011): Kansas City, KS Kevin Flippin: St Joseph, MO Dick Klein (since 2011): Kansas City, KS Sharon Klein (since 2011): Kansas City, KS Robyn Flippin: St Joseph, MO My Le-Tam (since 2008): Grain Valley, MO Kamal Fuleihan: Olathe, KS Nan Li (since 2010): St Joseph, MO Roberto Gonzalez: Kansas City, MO Rod Longanecker (since 2010): Osage Beach, MO Courtney Hollars: Olathe, KS Joyce Myer (since 2009): Kansas City, MO Zack Kern: Overland Park, KS Marilyn Mai (since 2007): Salina, KS Kara Knisely: Peculiar, MO David Nachman (since 2004): Kansas City, MO Travis Knisely: Peculiar, MO James New (since 2007): Kansas City, MO George McMillian: Platte City, MO Tom Novacek (since 2012): Grandview, MO Dena Odom (since 2011): Prairie Village, KS Marjorie Mudari: Ben Rao (since 2011): Lee’s Summit, MO Gene Ormsby: Liberty, MO Kathleen Stegman (since 2007): Leawood, KS Phillip Syrios: Kansas City, MO Steven Swanson ( since 2007): Lee’s Summit, MO George Verdugo: Kansas City, KS Bob Van Cleave (since 2008): Basehor, KS Marc Willis: Blue Springs, MO Business Members KC Show Homes: Kent Welch & Michelle DavisPage 16 MAREInet.com
  17. 17. MEMBERSHIP OPTIONS join now MAREInet.com/JOIN INTERNET MEMBER INVESTOR MEMBER BUSINESS MEMBERMAREI Member Forum   Online Member Library   Post Properties   Submit Blog Posts   Reduced Entrance Fees   Complimentary Monthly Mtg  Discounts (See list pg 10 & 11)   Member’ s Included 1 1 2Add Additional Members $50 $50Pricing $50 Annual $99 Annual $499 AnnualAuto Renewal* $45 $90 $450Quarterly Pricing NA  Monthly Pricing Service Provider Listing Ad in Monthly Newsletter 3 Vendor Tables ** * Credit or Debit Card Required for Auto Renewal Discounts, ** 3 Vendor Tables with Annual PaymentInvestment News Page 17
  18. 18. Establish Your Business RESUME This article was adapted from an article written by W. Eddie present yourself. If they do Speed for the training of buyers and sellers of mortgage not know you they will need notes, but the concepts are valid for all forms of Real Es- to have some tangible evi- tate and for finding private lenders. dence of your stability, so a good resume with practicing One of the most important tools for success is presentation knowledge of what you are doing is good also. of your company. In the beginning a company needs to make a statement about itself. This can be accomplished in “I have been in the note buying business for 5 years and the name you select and any logo or design that you create have traded notes with ABC lender, Colonial Finance, and becomes your signature. This signature becomes your etc… Something that says you did not wake up this morn- identity and makes a clear statement of your business. ing and decide I want to buy something… ahh, notes Your signature needs to appear everywhere, and every sound good! They do not have time to teach you. In addi- time you do business. it should be attached to each of your tions you will need some reputable references. Your bank emails on your signature line, on your letterhead, on your President, if you do not know him well enough to put him fax cover sheet, on your business cards, on your bid on your resume shame on you! Two bank presidents, sheets. Your company name, your logo, your signature is even better. Officers of Civic groups, references that say your statement you are ready to do business. It makes you you are in good standing and well known and respected in powerful. your community and business world. Consider the clientele when you select your operating Remember you are going to be collecting notes that had name or DBA, Doing Business As; FBN, Fictitious Business their company name on them, they do not want to risk sell- Name; LLC, Limited Liability Corporation; INC, Incorpora- ing them to inexperienced, potential problem makers, they tion. You will be knocking the doors of Financial Business- cannot afford to risk their reputation. Join the Chamber of es and Corporations. From your very first introduction you Commerce. Let everyone you know, know you buy de- want to lay the ground work to be taken serious in this very faulted notes. Carry your business cards and pass them serious business. When notices are sent to the mortgagors, out frequently. You never know who has a connection with attorney’s, Bankruptcy trustees, you will want your signa- which bank or lender who would perhaps be interested in ture to make a short and powerful statement. something you have purchased. So if you were to select KC Home Buyers, LLC or ABC LLC If you are looking for private funding, your credentials will would be a better choice that Super Cool Real Estate In- come into play as it does in note investing, and can also vestors. be helpful in other areas of real estate. Credentials Chamber Member Building a resume, remember your resume is a business Belonging to your local Chamber of Commerce and at- resume not a personal one. Of course you are your busi- tending their weekly meetings are a good habit to get into. ness, but at the same time they are not so much interested There is usually a representative from each local bank at in the jobs you had in the past 10 years but in the the meeting. In fact, there is a wide variety of businesses knowledge you have acquired from those jobs. They want at each meeting. it is a wonderful place to become com- to see an establishment worthy of doing business with and fortable in introducing yourself, explaining what you do, the leaders of that establishment. It is important how youPage 18 MAREInet.com
  19. 19. who you would like to do business notes they have to sell. self:with and what you may have to offer Most of these companies will not be www.activefilings.com/resourcesor gain. The Chamber is always a full local to you so in order to “meet” themhouse of businesses who want to talk www.entrepreneur.com you will be making a phone call andabout themselves and listen to you www.mycorporation.com you will want to have a resume withtalk about yourself; a great place to good credentials and references. You Creating you own domain namebecome proficient in your favorite sub- want them to feel confident in yourject, your business. Listen to what If you would like to create an email ability to purchase the notes and topeople have to say about themselves address and include your company handle them under the same legaland tailor your speech by picking up name there are many avenues to ac- guidelines they must.good habits you hear, not repeating complish the task. Depending on whobad habits. Name and Organization you are getting your email serviceFinancial Ability The process of setting up your busi- from will drive the selection choices ness offers a wise variety of choices for your email address.You are going to be doing business with each has pros and cons. Listed These are some of the many freewith corporations, lenders, banks, and below some web sites that have easy email services:mortgage companies. All of these in- to follow guidelines and helpful infor-stitutions are governed by lending www.hotmail.com mation. If setting up a corporation orlaws. They will want to know as much www.yahoo.com LLC is more that you want to take on www.google.comas possible about who they are selling at the moment filling a DBA may betheir loans to. You will want to build a With free web mail services you can better suited for you. One fabulousgood report with the institutions you create a name like: certainty, we live in a time when therewant to do business with. You will is an overabundance of information cweaver@hotmail.comwant them to be so confident in you on the web if you look. Some good colonialfunding@hotmail.comthat they will come to depend on you websites to explore if you are attempt-as the person who will be reliable to Or you can purchase your own do- ing to establish a new company your-make a quick solid purchase of the main and create versions like: ve W H Y E V E RY See Eddie Speed Li St Louis Missouri REAL ESTATE INVESTOR MUST LEARN NOTES Saturday April 27th Sign Up At www.StreetREIA.com < 500,000 REO’S IN USA MARKET W. Eddie Speed is Founder of NoteSchool. Since 1980, Eddie has dedicated his career to the science of 12 MILLION buying both Performing DELINQUENT and Non-performing Notes. MORTGAGES Investment News Page 19
  20. 20. Case Study Kim Tucker I recently attended a training event and was exposed to an going to want about $1000 in fees and the Happy Family is interesting real estate investing model that I wanted to bringing $3,500 to the table, then the Facilitator needs to share to get feedback from everyone who reads this arti- bring $18,500 to the closing table to purchase the note and cle. fund the deal. This model involves finding motivated sellers, using a bird Motivated Seller wants: $20,000 dog, seller financing and buying and selling notes. Bird Dog gets paid: $ 1,000 At the start of the scenario the person in charge of every- Title Company Fees: $ 1,000 thing is the Facilitator. The Facilitator has been working on Total Needed: $22,000 coaching a group of bird dogs on how to go out and find Less Down Payment: $ 3,500 highly motivated sellers in lower end priced neighborhoods Cash from Facilitator: $18,500 that retail around $50,000. In the process one Bird Dog finds a motivated seller who wants to sell their property for $20,000. The Facilitator $20k helps the bird dog figure out what areas to approach, how $50k to connect with sellers, how to talk to sellers and then sends the Bird Dog out to start looking for properties and $3,500 the Facilitator helps in the negotiation of the purchase con- Bird Dog Makes $1k tract. 46,500 The Bird Dog then goes out and finds and end buyer who wants to purchase the home to live in for $50,000. The buyer is going to put $3,500 in down payment money and the remaining purchase price would be in the form of a seller financed mortgage for $46,500. $18,500 Are you with me so far, house for sale for $20k to the Bird Dog who is then selling to Happy Family for $50,000. Happy Family has $3,500 to put down and are going to So at the end of the transaction: sign on seller financed note for $46,500. Sounds great so The Motivated Seller got paid $20,00 far, but where is the money coming from? That was my question. The Bird Dog Got Paid $1,000 The Facilitator is going to be the one with the money. He Happy Family Got a New House for only $3,500 is going to buy the mortgage note for a discount from the down Bird Dog. What he pays will depend on what the Bird Dog And the Facilitator holds a $46,500 Note with only is to get paid. So if the Bird Dog is to get paid $1000 and $18,500 into the deal. the Motivated seller wants $20,000, the title company isPage 20 MAREInet.com
  21. 21. Now, assuming everyone does their $750 a month, then he wants the pay- and their total payment is about $620.homework and paperwork correctly ment to be about $650. So it would Now, this is where it really gets inter-and the Happy Family Buyer is cost the home buyer more to default esting. The Facilitator can sell thescreened properly, this is a very prof- on the loan and go rent the house first 1/2 of the loan to another Inves-itable deal for everyone involved. across the street. On the opposite tor who does not have the time or side of the coin, the low interest rate,But with a bit of work, it can be even inclination to go out and do real es- keeps them in the seller financed notemore interesting. tate deals, but who want to get better rather than refinancing to a traditional returns on their money that they areOne option for this case study is for lender as their credit improves be- currently receiving from the bank orthe Facilitator to do this deal directly cause their seller financed interest the stock market. In the scenario Ifrom a Self Directed IRA Account and rate is not too much higher than what saw, the Facilitator could sell the firstthen the Facilitator’s SDIRA is receiv- banks are offering. 1/2 of the $46,500 note for $20,000.ing payments on the note instead of So what does this $46,500 note look So if the Investor were to purchasetaking profit for his own use. like if we put some numbers to it? the first 60 months of payments theyIn the workshop I attended, the Facili- Remember the goal is to have princi- would be scheduled to receivetator wants to offer the house at a ple, interest, taxes and insurance at $29,592 in principle and interest pay-price a bit under market, with an inter- less than monthly rent. So in this ex- ments. Then after 5 years the Facili-est rate and amortization time frame ample the loan is amortized over 10 tator gets the note back and the rightthat will allow the monthly principle, years or 120 months and the interest to the last 60 months of $493.20 pay-interest, taxes and insurance to be rate for Happy Family is 5%. This ments.significantly LESS than what market makes the P & I payment $493.20.rent is in the area. So if market rent is Add $120.00 for taxes and insurance, (Continued on page 26) Hard Money is the Answer . . . . Insurance for  Leverage available investment capital and triple Vacant Properties your cash on cash returns.  Have the ability to close in 2 - 5 days. Rehab Properties  Take down investment properties FAST. Renter Insurance for Your Tenants  Get feedback from an experienced lender who did over 150 deals last year. Business Insurance  Build cash-flow quickly and simply through real estate. Umbrella Liability  Diversify your capital across multiple properties Health Insurance and spread your risk. Private Funding for Life Insurance Serious Real Estate Investors 1 Point Discount for MAREI Members www.MOFB.com www.LonghornInvestments.com Mike Friedl 913-634-6386 Stephanie Cunliff 816-781-4370 Investment News Page 21
  22. 22. 3709 E 36th St $2,950 3 bed Dirt Cheap House for Larry Myer Kansas City, MO 1 bath Sale $2,950. Make kcRealEstate1@gmail.com me an offer I can’t ICRRealEstateServices.com refuse. 12002 E Alberta St $26,500 3 bed Hottest Deal –12002 E Beatrice Gicharu Sugar Creek, MO 1 Bath Alberta St—Newly Re- kcPropertiesSite@gmail.com habbed, Quite Area 816-974-8404 7806 E 113th St $39,900 4 Bed Ruskin Ranch, Turn Key Donald Tucker Kansas City, MO 1.5 Bath 4 Bed, 1.5 Bath, Rented GBIFunding.com $650 a month, ask about Don@GBIFunding.com Package Pricing. 816-523-4400 14115 Merrywood Dr $39,900 3 Bed Turn Key Grandview Donald Tucker Grandview, MO Townhouse 1.5 Bath Townhome. Rented for GBIFunding.com $700 a month. Don@GBIFunding.com 816-523-4400 2 Houses Near $120,000 3 Bed 2 Great Properties, 1 Stephen Davies Ft Leavenworth 1 Bath Great Price near Ft Leav- DCHomeINvestors.Webs.com Each enworth Base. 1 duplex 816-756-2186 & house. 650 –700 / unit 3342 Bellefontaine $30,000 4-5 Bed Recently Renovated. Stephen Davies Kansas City, MO 2 Bath 2251 sq ft. $30k Or DCHomeINvestors.Webs.com best offer. 816-756-6735 913 NE 44th ST $60,000 3 Bed Newly Renovated Stephen Davies Kansas City, MO 1 Bath Home with 20K po- DCHomeINvestors.Webs.com tential Profit 816-756-6735 15400 Johnson Dr $275,000 4 Bed Deeply Discounted!! Makeba Hart Shawnee, KS 3.5 Bath Shawnee Home Virtue Investments, LLC Needs your Special Makeba@Virtue- Touch. Investments.com 816-665-0491 4220 Brooklyn Av $39,500 4 Bed Turn-Key with 2 Car Christoph Becker Kansas City, MO 2 Bath Garage. $800 / Blueprint Properties, Inc month Rent 20$ Net BlueprintPropertySoltions.com ROI (816) 419-1165Page 22 MAREInet.com
  23. 23. MAREI Member PropertiesMAREInet.com/Properties 2421 Stewart Av $14,000 2 Bed Cash Cow! Livable Home Christoph Becker Kansas City, KS 1 Bath in Kansas City Blueprint Properties, Inc BlueprintPropertySoltions.com (816) 419-1165 2903 NB 74th St $29,500 2 Bed KCK Property in 66109 Christoph Becker Kansas City, KS 1 Bath zip. Steel Siding, Good Blueprint Properties, Inc Windows BlueprintPropertySoltions.com (816) 875-6226 2019 E 82nd Tr $12,000 2 Bed Fixer Upper, KCMO. Christoph Becker Kansas City, MO 1 Bath Mechanicals are pre- Blueprint Properties, Inc sent and working order BlueprintPropertySoltions.com (816) 875-6226 8080 W 51st $79,900 3 Bed Cheap 2 Story Mission Chad Bartlett Mission, KS 3.5 Bath House on Acreage. HomeRemedyKC.com Walk ARV $150k. HomeRemedyKC@gmail.com Out 913-735-5598 2212 E 70th St $22,000 2 Bed, Turn Key Rental Prop- Donald Tucker Kansas City, MO 1 Bath erty in KCMO. Rented GBIFunding.com for 550 moth Don@GBIFunding.com 816-523-4400 2203 E 70th ST $22,000 3 Bed Turn Key Rental Prop- Donald Tucker Kansas City, MO 1 Bath erty in KCMO. Rented GBIFunding.com $779 / mo Section 8. Don@GBIFunding.com 816-523-4400 805 NE Lindberg Dr $79,000 3 Bed Excellent Investment - Christoph Becker Kansas City, MO 2 Bath Fully Rehabbed - Move Blueprint Properties, Inc in Ready BlueprintPropertySoltions.com (816) 875-6226 3028 NE 53rd St $59,000 3 Bed Excellent Investment Christoph Becker Kansas City, MO 2 Bath or Retail Flip—80% Blueprint Properties, Inc Bsmt Rehabbed in North- BlueprintPropertySoltions.com land. Multiple Exits Gar (816) 419-1165 2 Properties $19,500 2 Bed 2 Houses for the Price Christoph Becker Independence, 2 Bath of 1. 2220 & 2222 S Blueprint Properties, Inc MO Arlington. BlueprintPropertySoltions.com (816) 419-1165Investment News Page 23
  24. 24. rocess for F inding and 8 Step P sing Invest ors for Deals Clo l. By Craig Haskel Craig Haskell is author of, The Inside Game to Real Estate Value Investing, and founder of an invest- ing site, ValueHoundAcademy.com, that brings together a community of opportunistic and value minded real estate investors who are serious about learning new approaches to capitalizing on to- days "Once in a lifetime" buying opportunity. Did you find a great deal? If you tial people that may have an interest in investing in real cant factually support a great deal estate. The best place to start is friends and family. This list to your potential investors, then it will be hard to raise mon- outlines some of the best places to find investors for your ey. Its the most critical thing you need in your arsenal list: when approaching investors for money. 1. Business associates With a great deal, using this 8-Step process will almost 2. Accountants who have clients who want to invest in guarantee your fund raising success. real estate 3. Financial planners Raising money is a process and it gets easier every time you do a deal because you are planting seeds with poten- 4. Attorneys who have clients who want to invest in real tial investors. Some investors may not invest in your first estate deal, but will invest on other deals. 5. Real estate agents know potential investors 6. Insurance agents who have wealthy clients The best source of future equity is from your existing inves- 7. Property owners who invest in real estate tors. Happy investors want to invest more, and the best This list will be your starting point. Make sure you ask peo- part, they spread the word and bring in other investors. Its ple on your list if they know anyone else that might have an like a snowball going downhill; the longer it goes down the interest in investing in real estate. Youll be amazed at how hill, the bigger the snowball gets. I want to help you start many people will refer others. building your snowball. 8-Step Process to Finding and Closing Investors 3. Conduct Investor Meetings: Make breakfast or lunch meetings with people on your list. Review your pitch book I have created an 8-Step process to raising equity for your during your meeting and determine if there is interest. Dur- great deals that will allow you to get your snowball rolling ing this meeting you are not selling anything, you are only downhill. The most important thing to stay focused on when finding out if an interest exits with your potential investor. using this system is that raising money is a process not an The most important element coming out of these meetings event. You have to stay focused on working each and eve- is new relationships. ry step, as outlined below. is the 8-Step Process: 4. Build Investor Database: Potential investors who have 1. Develop a Pitch Book: Create a unique business plan an interest in your plan are added to your database. Your and investment strategy to capitalize on todays great buy- goal is to build as many potential new investors in your da- ing opportunity. Whats your strategy to make money in- tabase. Stay in contact with potential investors in your data- vesting in real estate? Package your plan up in a short 6 – base by sending them articles, stories, stats, and so forth 8 page pitch book. relative to real estate investing and your business plan. 2. Develop a Potential Investor List: Make a list of poten-Page 24 MAREInet.com
  25. 25. 5. Investor Documentation: Investor review the investor documentation todocumentation is created using pro- make sure investors are qualified and If you find a great deal that you andfessional assistance. Your attorney have correctly completed the infor- your investors can get excited aboutwill prepare the legal documents re- mation. and follow this 8-step process Ive justquired to approach potential investors. outlined above, you will have muchDont skip this step because you are 7. Close the Deal: You are ready to success raising money for your deals.afraid to spend money. When you close the deal using the funds you Remember, raising money is a pro-close on the deal, the legal fees will have raised from your investors. In- cess not an event. Investing your timebe paid from the partnership entity vestor funds should be deposited into and money in the 8-step process willyou created and raised money for. the partnership entity. Once all the help you become a success at finding investor funds are deposited into the and closing investors for your deals.6. Deal Fund Raising: Now that you partnership account and ready for While I have only covered the surfacehave the proper documentation, you closing, the sponsor (you) will wire on this 8-step process, you have thecan approach potential investors in funds from the partnership account to framework to put it into action.your database to raise money for the the closing agent. When the deal clos- Start small and stay focused on thegreat deal you have uncovered. Why es, you should communicate to your 8-steps. Make it a point to beginis it so important to find a great deal? investor that the deal closed. setting up you process today.Because potential investors will see Its never too early to begin, so getthe fantastic profit potential, taking 8. Investor Management: Since one started now!much of the spot light off of you, the of the best sources of raising new eq-new sponsor. Also, having a great uity is from exiting investors, manag-deal will get you excited, and that ex- ing and communicating with your in- Article Reprinted with permissioncitement, will show during your com- vestors is critical to your long term from Craig Haskell, Val-munication with potential investors. success. Make sure each investor ueHoundAcademy.com and gets your personal attention. They willInvestors who are not suitable for your become a great equity source for fu- REIClub.comdeal must not be accepted. Carefully ture deals. The best place on the entire planet to buy kitchen cabinets. We Have The Best Prices Property Management Everything Is In Stock Rental Services We Ship Fast Kansas City Metro Free Design Help www.JamiesonHomeTeam.com www.CabinetGiant.com Kevin Jamieson Josh Burns 913-384-8331 1-877-484-4268 Investment News Page 25
  26. 26. (Continued from page 7) Multi Family (Continued from page 19) Resume (Continued from page 21) Case Studybeing purchased by investors for rent cweaver@customlending.net Or the Facilitator could borrow thecater to different household types than espeed@firstfunds.com $18,500 from the Investor and payinvestment-grade multifamily proper- the Investor back over 5 years andties. Single-family rentals see house- www.efax.com offer the investor an 8% return for aholds with children as their largest monthly payment of $375.11 and With eFax you can receive your faxeshousehold type compared to invest- pocket the difference of $118.09 for the anywhere you can check email, theyment-grade multifamily properties in first five years and then have a free and are received just like email. You dowhich singles dominate, especially in clear investment for the last 60 monthsurban locations. not need to have a fax machine to and then pocket $493.20 a month. receive eFax. In the event you want aTHE NEAR FUTURE paper copy of the fax you simply print Again remember the Facilitator can do this within a Self Directed IRA or outsideApartment fundamentals do not face a one. This will save you money on pa- of the IRA for income to live on.cliff, given the rise in new completions. per and ink and allow you to only printConstruction activity has been so de- the faxes you want. It will allow you to So why would the Investor buy a part ofpressed over the last two years that the note? Well in this scenario the Fa- forward a fax onto someone else aftereven new units coming on line only cilitator is a well respected investor in you have reviewed it simply be send-represent a return to recent average his market and known for offering rent- ing an email. als and seller financing and doing whatinventory growth rates. 800 Number he says he is going to do. He agrees toHowever, that does not mean that step in and deal with issues should theapartment vacancies will continue to Another nice tool is an 800 number. Happy Family Borrower default andcrater more than 100 basis points per Although certainly not necessary, assist with foreclosure and then rentingyear, since current levels are already sometimes a plus to have. The de- or selling the house again for the Inves-so tight. Reis projects vacancies to faulted notes may still have original tor.remain in the low 4 percentages mortgagors in place and often it will The other important point to rememberthrough 2015, not much lower than its is that the Investor is more than likely be necessary to contact them. As withcurrent 4.6 percent. Landlords recog- someone who we know who is a bit any phone call made, contacting themnize this, and have shifted their focus older and has money in a retirement on the first call is more than likely notfrom improving occupancy to raising account earning a few percent in inter-rents to meet revenue goals. to happen. An 800 number makes it est at the bank or maybe a bit more if easier for a debtor to return your call. they have it invested in conservativeThere is a limit to how much landlords www.800number.org stock market investments who want tocan raise rents as well, given that make a better return on their invest-household income levels have re- www.instant1800.com ment.mained relatively stagnant. But if GDPgrowth improves and the economic Now some may say, but the Bird Dogpie starts growing at a faster rate, found the deal and only got $1000. Fair We hope you have found a few helpful enough, we could pay the Bird Dog a bitapartment properties are poised to tidbits in this article. They are vital more. But for the most part, the Birdshare in the benefits as well. tidbits for the Note Business. Eddie Dog is finding the deal and then theAs such, apartment investors are like- will be traveling to St Louis for an all Facilitator is stepping in to assist withly to do well in the foreseeable future. day training presented by Street the contract and potentially bring theCertain transactions with going-in cap end buyer and all the money require to REIA. This is an excellent opportunityrates below 3 percent will encounter make the deal happen. to reach a new facet of the real estatesignificant exit challenges if and when investing business. It may also be able to bring in a secondinterest rates rise, but market partici- Bird Dog to find the buyer. Or the Birdpants with realistic expectations will Dog position could be taken by a Real-find it difficult to pick a sector with pro- tor who gets paid a commission for rep-spects as sound as multifamily. resenting the motivated seller, the Facil-Victor Calanog is head of research and economics for itator or the Happy Family Buyer. PlayNew York-based research firm Reis. Reprinted from with it and let me know what you thinkhttp://nreionline.com/distressedinventory/ of this case study. Email me atmultifamily_fundamentals_no_cliff_11132012/ Kim@GBIFuding.comPage 26 MAREInet.com
  27. 27. EXPO: Saturday, April 20th, 2013 Holiday Inn, Overland Park West Realty 411 No Charge for General Admission if You Pre-Register VIP Seats $10 Mid - West Expo Mid- Register: MAREInet.com/Realty411 Real Estate Investing is has become one of the hottest VENDOR BOOTHS STILL AVAILABLE trends for entrepreneurs to make money. Attendance at real estate associations meetings is way up. Many of the Richest People in the Country, earned their wealth through Real Estate. Find out the reasons for this at the Expo.√ SAVE THE DATE Join 200 or more local, national and international Inves- tors at one of the Biggest Events in the Mid-West to√ REGISTER learn:  How to Harness the Internet to Explode Business√ BUSINESS CARDS with Duncan Wierman, Internet Marketer Turned Real Estate Investor√ INVITE A FREIND  The “Power of Zero” for True Wealth with Chris McClatchey, Veteran Real Estate Investor & Coach  Why NOW is the Time to Invest in Kansas City Properties with Marck de Lautour, local Kansas City Investor The Self-Storage NICHE is STILL one of the Best Investments and Kevin Rollings with Self Storage Facility Management CAN Network. Learn. help you Compete with the Big Guys Build Your Team Meet Tim Herriage, Top Investor, Wholesal- REGISTER NOW er and National Development Agent for www.MAREInet.com/411 HomeVestors® Leverage your Available Investment Currently over 160 LOCAL, NATIONAL and INTERNATIONAL Investors registered to attend this event. Only 300 seats available, so if you Capital and Close Quickly on your have not registered yet, get your seat reserved today! Rehabs and Flips with Hard Money Loans from Longhorn Investments After Party Find out about the California Market and Markets from Around the Country from Unwind After the Big Event our host, the Linda Pliagas, Investor and Further your new connections over a quick Bite and a Publisher of Realty 411, reWealth and Game of Pool at an Establishment Near the Hotel. CashFlow Express Magazines KC Area Foreclosure Bus Tour: Sunday April 21st Build YOUR Kansas City Team and Portfolio while supporting the Real Estate Learn about the Local Market - Visit Properties Observe Local Rehabs - Meet Property Managers Investing Industry with Mid-America Associ- Hosted by SBD Housing Solutions ation of Real Estate Investors