MAREI May 2013 Magazine

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  • 7/30/2019 MAREI May 2013 Magazine

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    REinvestmentNEWS

    May 2013

    FINANCIALFINANCIALFINANCIAL

    PLANNING FORPLANNING FORPLANNING FOR

    YOUR FAMILYYOUR FAMILYYOUR FAMILY

    S t r e t cS t r e t cS t r e t c hhh YourYourYour

    Self Directed IRASelf Directed IRASelf Directed IRA

    What is a Self What is a Self What is a Self

    Directed IRA?Directed IRA?Directed IRA?

    Building WealthBuilding WealthBuilding WealthTo p R e a l E s t a t eTo p R e a l E s t a t eTo p R e a l E s t a t eI n v e s t i n g S t r a t e g i e sI n v e s t i n g S t r a t e g i e sI n v e s t i n g S t r a t e g i e sf o r G r o w i n g y o u r I R Af o r G r o w i n g y o u r I R Af o r G r o w i n g y o u r I R A

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    The Mid-Wests Resource for Real Estate Investors Rental Property Owners Apartment Owners Industry Providers

    Based in the Kansas City Metro

    FAST IN AND OUTTime is money well get you back to work quickly.

    Dedicated Pro Desk Associates.

    Two hour advance order pulling.

    In Store Hands OnHow To

    WorkshopsWant 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 websitelook for our Pro-

    ject Guide Library

    10% Price GuaranteeIf 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 otherssee website

    for complete details.

    GREAT PRICES JUST FOR PROSWe Offer everyday low prices, plus more ways to save on larger or-

    ders. You can count on competitive pricing on everything in every de-

    partment Volume pricing discounts available on purchases as low as

    $2,500. Instant bulk price savings available 1000s of items.

    MAREIMid-America Association of Real Estate Investors

    A Real Estate Community

    MAREI, through its partnership with the Home Depot, offers itsmembers a 2% Bi-Annual Rebate on top of any discounts you

    already receive through the Home Depot & its Pro Desk.

    Join MAREI Today, and start saving THOUSANDS TODAY . . .Program is retroactive backto Jan 1, 2013

    Visit MAREI at www.MAREInet.com for more informationon Membership Meetings, Discounts on Products and Svices, and education for Real Estate Investors, Landloand Industry Service Providers.

    PRO DESKGet the job done withHelp from the Pro Desk.

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    cover story

    22Financial

    PlanningFor your FamilyStretch YourSelf Directed IRA

    10

    BuildingWealthTop Real Estate InvestingStrategies for Growing Your IRA

    8What is aSelf Directed IRAWhat are the Basic Benefits andWhy Do Yu Want One!

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    6

    March Market ReportIs it a Flat Market?

    6

    WebsitesTop 5 Capturing Larger Share of RealEstate Traffic

    7

    Social MediaProtect Your Company

    7

    Small Steps

    To New Strategies

    14

    One DayTurnover12 Easy Steps to Rent Up Unit

    16

    Fight Global WarmingHomeowners battle with Old A/CMaintenance

    20

    Dont be a CreepWhen Personalization gets Creepy inDirect Mailing Pieces

    38

    Wholesale Real EstateGetting Started Investing

    Regular Features

    18Member Benefits at a Glance

    28KCInvest Properties for Sale

    30Monthly Meetings & Events

    April 2013

    PUBLISHERKim Tucker

    ADVERTISING INFORMATI913-815-0111

    [email protected]

    RE INVESTMENT NEWS IS PUBLIN ASSOCIATION WITH

    MID-AMERICA ASSOCIATIONOF REAL ESTATE INVESTOR

    P.O. Box 8685

    Prairie Village, KS 66

    www.MAREInet.com

    913-815-0111

    DISCLAIMERMid-America AssociationReal Estate of Investor

    the RE Investment News

    not exist to render and

    not give legal, tax, eco

    or investment advice and

    claims all liability fo

    action or inaction take

    not as a result of commu

    tions from or to its mem

    officers, directors, em

    ees and contractors.

    individual should co

    his/her own counsel, acc

    ant and other advisors

    legal, tax, economic, in

    ment and related matters

    cerning real estate and

    investments.

    The views and opinions

    pressed by authors of

    cles contributed to

    newsletter do not necess

    reflect those of the ass

    tion, the board of dire

    or the staff.

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    Welcome to

    RE Investment News

    The media keeps hyping everything: jobs or the lack of them, the

    budget or the sequester, the shadow inventory and more. But de-

    spite the media, families keep going and plugging along. Things

    do seem to be getting better, just at a very slow pace.

    Families are working to build up the nest egg and many are very

    cautious of the traditional savings institutions that pay minimal

    interest for bank CDs. And are often afraid of the stock market

    because of the huge losses in the past few years with mutual

    funds, stocks and bonds despite their rebound.

    Real estate is holding up as an incredible opportunity for industry

    insiders to buy portfolios of bank owned properties or non-

    performing mortgages. But for the little guy and gal, there is also

    huge opportunity in buy and hold properties, performing and non-

    performing notes, rental property and seller financing.

    Those in the know have the ability to invest their hard earned

    funds in real estate to generate more income. Those in the know

    have the ability to invest their retirement funds in real estate as

    well.

    One of the best kept secrets is the Self Directed IRA and 401k that

    will allow those in the know to invest retirement funds in Real

    Estate and Notes as well as just about anything that one can inves

    money in.

    Hard working Americans can start retirement funds or roll retire-

    ment funds over into accounts with qualified custodians and use

    those funds to become the bank for other investors, buy real es-

    tate, buy mortgage notes and even invest in the stock market.

    In this months issue of the Investment News you will read about

    methods of investing in real estate as well as a focus on the SelfDirected IRA strategies to create a more secure financial future f

    American families. At the May monthly meetings of Mid-

    America Association of Real Estate Investors you will have the

    opportunity to learn first hand from experts as well as real live

    local investors how to utilize Self Directed IRAs to invest in Rea

    Estate. Last, be sure to check out the MAREI Blog as Facebook

    page through out the month for further educational information.

    Then take this information, perform your due diligence and build

    your families wealth with a Self Directed Retirement account!

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    Short Takes

    1. Zillow: With 11.39% of Market &49.9 million total visits

    2. Truia: With 7.72% of Market &33.9 million total visits

    3. Realtor.com: With 6.56% of Mar-ket & 28.8 million total visits

    4. Yahoo Homes: With 4.34% ofMarket & 19.0 million total visits

    4. Homes.com: With 3.92% of Mar-ket & 17.2 million total visits

    Source: Experian Marketing Services

    WebsitesTop 5 capturing largershare of real estate traf

    5

    March Real Estate Market Report

    Neither Buyers or Sellers FavoredKansas City Regional Association of REALTORS reports that inventory is down and prices are upacross the metro area.

    Sale Price:All counties experienced an increase in the average sale price of existing homes and newhomes were up in Cass, Johnson, Miami and Platte Counties over last year. Overall both showed a5.7 increase over March 2012.

    Home Sales: All counties experienced an increase in the total number of existing homes soldat 7 percent as well as new homes at 11 percent with an over all increase of 8 percentthis March over 2012.

    Home Inventory: Existing home inventory is down by 17 percent and new homes aredown by 9 percent with an overall decrease of 16 percent from March 2012.

    Pending Sales: Are about the same with existing homes down 2 percent and newhomes up 4 percent, giving us an overall increase of 1 percent.

    Supply of Homes: Supply of homes is the calculated by dividing inventory by the 12month average number of sales. A 5 to 6 months supply is a balanced market. Existinghomes have a 5.3 month supply and new homes are at a 5.5 month supply with an overall 5.3 supply putting us in a balanced market favoring neither buyers or sellers.

    The decrease in inventory could be contributed to less bank foreclosures on the market andwith less foreclosures on the market, prices are up.

    Read more about market data at www.KCRAR.com

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    Short Take

    Social Media

    Protect Your Company

    Social Media is a vast new world of communications for very little cost. Be sure totake steps to protect your company.

    Follow a Security Plan You dont want to release confidential or sensitive infor-mation or allow hackers to gain access to protected information. Is computersencrypted to protect your and client data.

    Emergency Plan Do you have a plan in place just in case you get hacked, a com-puter gets stolen and a list of steps that must be taken in case of a breach in data.

    Terms of Use / Privacy Policies Do you have policies in place that govern howyour company interacts with users of the website. Remember that you need tocontinually update security so dont promise something that you cannot keep.

    Social Media Policies When hiring remember there is often information on socialmedia that you cannot consider when hiring, so be sure you have procedures toensure you are not basing hiring on social media data. Also companies can beheld liable for comments employees make, so be sure to have policies to monitoremployees.

    Regular Training Managers should know and understand employee privacyrights, laws against discrimination, labor laws and other laws regarding communi-cation. Using the internet and social media should be a part of new-employee andon going training to protect the employee and the company.

    A real decision is measured by the fact thatyouve taken a new action. If theres no action,you havent truly decided.

    - Tony Robins

    The number of times I succeed is in direct pro-portion to the number of times I can fail and keepon trying.

    - Tom Hopkins

    Small StepsTo New StrategiesThe real estate industry is always changing

    What worked yesterday may not work today

    and we may need to implement new strategi

    to compete.

    Take a Course: Attend a training work

    shop and learn not only from the instruc

    tor but talk to your fellow students. Be

    sure to take notes that you can bring ba

    to your business and implement. If you

    purchase a home study course be sure

    open it up and work through it step by

    step.

    Action Plan: After your live course or a

    you work through a home study course,

    break it up into manageable sections.

    Create an implementation plan, get that

    section working and then move on to th

    next section.

    Test and Evaluate: What works for

    someone else will probably work for you

    But your knowledge and experience ma

    implement in a different way. So track

    success with the new strategy and makchanges as needed.

    Analysis Paralysis: Dont let all the ne

    ideas paralyze you into doing nothing.

    Select just one item and implement it,

    evaluate it, and make it yours. Then go

    back to the training and select another

    item to put into action.

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    Article

    What is a Self DirectedIRA or Real Estate IRA?What are the Benefts?

    With a self-directed IRA an investor has many more options

    beyond stocks, bonds and CDs allowing you to diversify your

    IRA portfolio. You are not limited to the narrow investment

    options of banks and brokerages. You can select how to

    grow your IRA funds, based on your own expertise, in areas

    such as notes, real estate, private funds or precious metals.

    A real estate IRA is simply an IRA that holds real

    estate.

    The real estate IRA is that the investor is able to

    invest in what they know: Real Estate and related

    investments.

    With the wider variety of investment choices of the self-

    directed or real estate IRA, you have the ability to combine

    the great tax advantages with your own expertise or the ex-

    pertise of others to build your wealth more effectively thanwith traditional investing options.

    Those that understand flipping houses or holding rent-

    als, you can leverage that knowledge.

    If you understand the rules of lending in your state, you

    can use your IRA to be a lender.

    If you found a solid company raising capital, you can

    invest in that company.

    With a self-directed IRA you are not limited to only the offe

    ings of the IRA custodian, you can virtually invest in just

    about everything, including stocks and CDs. By selecting

    qualified third party administrator and opening a self-

    directed IRA you have the ability to invest in things you

    know and understand: real estate, notes, apartments, op-

    tions, gold, oil, stocks, bonds and more.

    Explore your options today

    Most people have their local bank or brokerage or a compa

    ny selected by their employer to hold their IRA or other re-

    tirement fund. If you ask these traditional custodians abou

    investing in real estate, more often than not they will tell yo

    it is not an option. Why? Because they dont offer that op

    tion, they would loose your business to another custodian,

    so its easier to tell you know. However, IRS regulations d

    in fact allow IRA and 401k account holders to invest in just

    about anything as long as you have a qualified third partycustodian and administrator holding the funds.

    You can start a traditional or Roth IRA or other savings ac

    count. You can roll over all or part of an existing fund with

    traditional company to a self-directed custodian. To get

    started make a search online for Self Directed IRA Custod

    ans and do your homework. Also through networking, as

    for referrals for companies as not all self-directed custodi-

    ans are created equal.

    http://www.theentrustgroup.com/planshttp://www.theentrustgroup.com/planshttp://www.theentrustgroup.com/plans
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    Real Estate Investment Funds

    Build Your Own Bank

    Get Your FREE Real EstatePartnering Report Today!

    Partnering Report

    Download Includes:

    Educational insights into how you

    can purchase property with a self-

    directed IRA by partnering with

    other investors

    Examples of the different ways

    you can partner an IRA

    Rules of partnering

    A partnering case study

    www.theEntrustGroup.com

    SAVE THE DATEPatrick Hagen

    Business Development ManagerFrom the Entrust Group

    Guest Speaker atMAREIs NorthlandMay 2nd Meeting

    www.MAREInet.com/KCnorth

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    Top Strategies

    10 RE investment News 2013

    PatrickHagenBusiness DevelopmentManager andSelf Directed IRAExpert from theEntrust Administration

    Self-direction is a key component to true

    retirement plan diversification. I hope to use

    my expertise in the industry to help

    investors in the Mid-West understand how

    to diversify their retirement options and

    better position themselves for retirement.

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    Top Strategies

    2013 RE investment News

    There is no one-size-fits-all strategy for successfully growing your self-directed IRA with real estate investing.

    What will work well for you may not be the best option for someone else. The best strategy for you will de-

    pend on your own personal situation and your own knowledge of how the various strategies work. Knowledge

    of the various strategies will help you determine how best to move forward.

    BuildingWealth

    TOP REAL ESTATE INVESTING STRATEGIES

    FOR GROWINGYOUR SELF DIRECTED IRA

    With the repeated extreme ups and downs of the stock market, more and more investors are turning to

    self-directed IRA options for their retirement accounts. Many of these investors know that the opportu

    nities for investing in real estate are phenomenal right now, however each one is going to have a dif-

    ferent set of goals with their IRA and different tolerances to risk when it comes to investing.

    Some folks are looking to build their IRA with the purchase and rental of residential properties. Others

    want the cash flow income, but not the issues of being a landlord. Others want to build their funds

    quickly and there are options for all of theses strategies.

    Lets take a look at some of the top strategies to build wealth in your Self Directed IRA. Note we are

    going to shorten this to SDIRA

    Real Estate Fund

    For the investor who already has a substantial amount of money in the SDIRA and wants to earn a re-

    turn on investment with out the hands on work, there is a Real Estate Fund. These funds range from

    large Real Estate Investing Trust (REIT) or a small private placement, that allow the investor to pool

    Real estate with out a self directedIRA is just Real Estate. Combine thetwo and you have MEGA Real Estate,do not overlook the power of thiswealth building tool."

    ThomasTraversReal Estate Investor andReal Estate BrokerEntrepreneur

    About Houses, LLC

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    funds with other investors into a di-

    versified portfolio of real estate activ-

    ities manages by the Fund. These

    Funds offer a variety of returns

    based on the strategy and risk,some examples include funds to buy

    and hold properties for cash flow

    and long term appreciation, others

    offer hard money lending to other

    investors for higher returns in the

    short term, others might invest in tax

    deeds or trust deeds.

    The more diversified the fund is into

    a variety of activities, the potentials

    for good returns with out a huge risk.Other funds might focus more on

    one particular area for higher re-

    turns, but could have a potentially

    higher risk.

    Private Lending

    Another strategy for the investor

    who wants to earn the returns with

    out the time commitment of chasing

    down deals is the option of becom-

    ing a private lender. The private

    lender options can range from shortterm hard money loans to investors

    with higher turn over and higher

    rates to the long term notes. By be-

    coming the bank, the SDIRA can

    earn points and interest while the

    borrower goes out and puts the

    deals together.

    So for example if there are two in-

    vestors Bob and Jack at the local

    Real Estate Investor Associationwho find each other and note that

    both Bob and Jack have SDIRAs

    and both are successful rehab in-

    vestors with different models. Bob

    buys small houses to renovate, rent

    and resell. Bob needs $20,000 to

    $30,000 to put his deals together

    and Jacks SDIRA can lend the

    funds for a few points up front and

    10% interest.

    Conversely Jack bought a house

    and renovated it with $90,000 of his

    own cash. He then sold the house

    with a seller financed loan $120,000.

    Jack got $20,000 in down payment

    and received a $100,000 loan that is

    to pay back over 30 years at 6% in-

    terest.

    With the $20,000 cash he got as

    down payment, he still has $70,0

    of his own money tied up in the

    house and if he waits will make asubstantial return through the pay

    ments he receives every month.

    But Jack wants to go buy and ren

    vate another house, and needs th

    $70,000. So he goes to Bob and

    sells Bobs SDIRA his $100,000,

    year, 6% interest note for $80,000

    So if we add up the numbers Jac

    initial investment was $80,000, he

    got $20,000 down and another$70,000 for selling the note to Bo

    IRA, leaving him a profit of $10,0

    and money to go invest again.

    Jacks IRA has a long term cash

    flow of 30 years coming in at 6%

    interest, which is actually a bit be

    yield if you consider he purchase

    the $100,000 note at a discount.

    If we compare these Jack with the

    short term loan has a higher retur

    but his IRA will have more transa

    tion fees and down time if he kee

    doing short term loans to Bob.

    Bobs IRA is going to have the low

    rate of return, but it will not have

    down time or transaction fees.

    12 RE investment News 2013

    Top Strategies

    Josephdela PasionReal Estate InvestorGenesis RealtySolutions

    The more you know about self direction

    and your IRA the more you are truly self di-

    recting

    Quote Warren Buffett ..

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    Buy and Hold

    Since we are discussing real estate

    investing in a self directed IRA, the

    most obvious way to invest is

    through buying real estate to hold asa short or long term investment and

    renting or selling with seller financ-

    ing for cash flow.

    This can be done with several differ-

    ent strategies as well. Most inves-

    tors simply have the SDIRA pur-

    chase with all cash. Other investors

    leverage their IRA funds with the

    use of a non-recourse loan from a

    bank that specializes in this form ofloan, or from another SDIRA fund.

    It is important to note that when a

    SDIRA obtains a loan it must be non

    -recourse meaning that the only

    thing securing the loan is the proper-

    ty and if the SDIRA defaults on the

    loan, the only thing the lender can

    go after is the property, the SDIRA

    cannot be sued for performance.

    Another option in the Buy and Hold

    model which is a bit more advanced

    is to have the SDIRA purchase a

    percentage of the property and part-

    ner with another IRA or person or

    entity.

    Lastly some investors choose to do

    the buy and hold model with Notes

    and Deeds of Trust or Mortgages

    most commonly known as buying

    Notes.

    Options

    For the investor who wants to grow

    a small SDIRA quickly the real es-

    tate option is an excellent strategy.

    So lets go back to Investor Bob.

    Remember he bought a long term

    hold note for $90,000 and in this ex-

    ample he still has $3,000 left in the

    IRA. Bob finds a really good buy on

    a single family house and his IRA

    pays the property owner $100 for

    the option to purchase the home for

    $40,000. Then Bob goes out and

    tells Jack about the house and Bob

    agrees to purchase it for $50,000.

    Bobs IRA can sell Jack his $40,000

    option for $10,000 or Bobs IRA can

    To get a few more ideas of how real live investors have utilized a Sel

    Directed IRA, join us at the May South MAREI meeting on the 14th,

    where real live investors from Mid-America Association of Real Estat

    Investors will be sharing a case study of one of the deals that utilized

    a Self Directed IRA.

    See details at www.MAREInet.com/KCSou

    go ahead and purchase the proper

    for $40,000 and then resell it to Ja

    for $50,000. They could also assig

    the contract for a fee, the bottom li

    is that through his real estate expe

    tise Bob invested $100 of his IRA

    money in a deal and earned $10,0

    back in a fairly short time.

    Any strategy that the wholesale in-

    vestor employees could be utilized

    by a SDIRA to wholesale for quick

    cash build up.

    The good news is that with real es

    tate investing and the Self-Directed

    IRA there are strategies to help evry investor Build Wealth. It is im-

    portant to remember that before ta

    ing on any real estate investment

    opportunity, to make sure to protec

    your SDIRA by completing your du

    diligence and consulting with profe

    sionals.

    2013 RE investment News

    Top Strategies

    As a real estate investor, CPA, and formerbanker, I have found that investing in realestate through self directed ROTH IRA's isthe best way to earn tax free income forretirement. I have personally used selfdirected IRA's to purchase multiple

    properties.

    BrettGossenReal Estate ProfessionalResidential, Commercialand Distressed Assets

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    One DAY TurnoverTwelve Easy Steps From MR Landlord.com

    Many of you veterans out there may already know all of this, but just in case I wanted to share "the system" that has me 3 fo

    3 of my last vacancies at a one day turn over.

    Step 1: Communication with current residents.Make sure

    you get that 30 day notice of intent to renew or move. I con-

    tact them 45 days out from expiration of current lease. If I

    hear nothing by 30 days out, then we're on for another

    month. Repeat this step at middle of next month. Get their

    desire in writing, signed, and dated!

    Step 2: Start advertising.I get my Craigslist & Postlets ad

    up around the first of the month. Renew the post every 2

    days or as often as allowed.

    Step 3: Communicate my bonus program to the current

    residents.$100 if they bring me a qualified prospect who

    signs a lease (and pays!). $50 if I get someone on my own

    prior to their move out to pre-lease, and as a thank you for

    them keeping the place nice enough to show and being ac-

    commodating to repeat showings. Yeah, my lease says they

    have to do it anyway for free BUT this encourages compli-

    ance and they say nice things about me to the prospect too!

    Step 4: Get a "anytime is fine" showing agreement with

    residents.Basically, anytime between X and Y times it's

    okay for me to show the rental with 30 minutes notice ahead

    of time. Or get them to agree to show it for you when they're

    home. Saves gas, saves time, and it's less stress.

    Step 5: Repair List. While doing showings, make the handy-

    man providea fix-it list for repairs as soon as the old resi-

    dents are done moving out.

    Step 6: One week out, line up your cleaning / mainte-

    nance / carpet-scrubbing crew(s).

    Coordinate so theyaren't stepping on each other to get it done the

    dayresidentmoves out, if possible. If all else fails and its a

    fairly clean turnover, you can probably leave the maintenance

    for last unless there's a major issue that affects habitability.

    The cleaning gal shows up in the morning, carpet scrubbers

    finish up in the evening. The next day everything is dry and

    ready for new resident.

    Step 7: Fax copy of lease (or email the leaseas an at-

    tachment) to resident 3 days priorto signing to ensure they

    have ample time to review and ask questions. Remind them

    that you need the rent and deposit in certified funds (no per

    sonal checks, thank you) when you meet to sign the lease.

    No money, no keys, no signing anything.

    Step 8: Utilities Day prior to lease begins.Make sure uti

    ties are switched over effective the first day of the lease. Ca

    the power company or ask the resident to show you a recei

    as proof of service.

    Step 9: Walk Through Day lease begins.Do walk through

    with residents. Note deficiencies and write down everything

    you agree to fix / repair / upgrade on a list that says: "Only

    these items will be fixed / repaired / upgraded. RESIDENT

    agrees landlord has not promised, verbally or in writing, to

    any other repairs, fixes or upgrades that are not listed. Prem

    ises are accepted in "as is" condition, unless otherwise note

    on this sheet."

    Step 10a: Get money, sign lease.Give resident a run dow

    of rules and procedures for maintenance requests and eme

    gency contact information. Show them where the circuit

    breaker box is, water shut off, etc. Give each resident a cop

    of your business card with phone number and email addres

    Step 10b: Hand over keys.(this is last for a reason, folks!

    Step 11: Deposit money in your bank.

    Step 12: Go enjoy a cold beverage of your choice in cel

    bration.Ah, another turn over complete!

    Of course there will be some turn-overs that are more com-plex: eviction, slobs, damages, etc. This is meant as a basic

    blue print for an otherwise successful tenancy that is comin

    to a close. Add or subtract steps that you feel make the pro

    cess smoother.

    "Management tips provided by landlords on MrLandlord.com. Toreceive a free Rental Owner newsletter, call 1-800-950-2250orvisit our nationwide Q&A Forum, LandlordingAdvice.com,where you can ask landlording questions and seek the advice ofother rental owners 24 hours a day."

    For Landlords

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    Industry Services

  • 7/30/2019 MAREI May 2013 Magazine

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    Fight Global WarmingHomeowners battle with Old A/C MaintenanceFrom Discover Heating and Air

    Properly working A/Cs do not leak any refrigerant at all, so if a system needs refrigerant there is a leak somewhere. But aHVAC units age, leaks happen. Simply dumping more FREON, or R -22, into a slowly leaking system every season used t

    be the choice of many property managers and homeowners. A couple hundred dollars to re -charge and make it through th

    year was a better choice than a couple thousand dollars to replace the A/C. That R -22 cost has now quadrupled. Heres w

    There are two major types of refrigerants used in home air conditioning systems: R-22 and R-410a. The government ban

    the manufacture of systems that use R-22 in January 2010. However, R-22 is still commonly used to charge existing air co

    ditioners. Since this regulation occurred several years ago, the number of old R-22 systems has decreased as systems ha

    been replaced and old units have failed. This has therefore led to a decreased

    production of R-22 by manufacturers. Naturally, the price has skyrocketed for R

    -22 replacement refrigerant. Its like trying to buy leaded gasoline now, 30+

    years after its regulation. The price of R-22 doubled in 2012 and has re-

    doubled in 2013. Now, the cost to re -charge and repair a leaking system isnear most replacement costs of a new R-410a system.Due to the higher pres-

    sures needed to be effective, 410a cannot be used in R -22 systems.

    Essentially, economics drives environmental conservation. The government

    couldnt force homeowners to replace their A/C units when it was determined

    that R-22 (which has chlorine in it) was depleting the ozone layer. Instead, they

    regulated it at the source knowing that supply and demand would lead to an

    economically driven better environment.

    Contractors Corner

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    Industry Services

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    Free issues of both magazinesavailable at the monthly

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    We have several services as part of our

    website to help you grow your business.

    Calendar of Events to stay up to date withall of our activities.

    Browse the member properties to findyour next deal. Take the time to post yourinvestment opportunities for other mem-

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    At Click2Mail, we believe that personalizing your mail is more than just a nice touch it's a smart marketing strategy. WithMailing Onlinyou can easily personalize your mail with information from your mailing list, integrating a customer name, salutation, account number, bdue, appointment date, or other details into your direct mail.

    When done right, personalization can increase the impact of your mail piece. But when is personalization too much? Can you go too faroff your customers in prospects with a piece of mail that seems creepy rather than customized? In short, yes.

    The Power of Personalization

    Personalization is rampant in the world of online marketing, where there's a wealth of data on customers that can be used to customizething from the ads they see on Facebook to the deals they're offered on their favorite shopping sites. But personalization isn't just for themarketer. Whether it's online or in print, sending messages that are designed specifically for a certain customer can be a great strategy boosts response rates. For example:

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    Personalization gets creepy when the recipient can't figure out how (or why) you know something about them. If you're contacting somethe first time, and you send a piece of mail that indicates you know how many kids they have (or their ages), that they suffer from a parti

    health problem, or some other piece of private information they haven't shared with you, it may rub people the wrong way. Rather thanering your great offer, they're thinking about whether they can trust you. Now, that doesn't mean that you can't use customer informationget your mailing, but simply that you need to be careful about how you go about personalizing your direct mail.

    When personalizing direct mail, it's also critical that the information you have on recipients is current. Sometimes, making an assumptiowhat a particular type of customer wants can backfire if the recipient feels that they're being stereotyped. Get the personalization wrongcan permanently alienate an otherwise loyal customer. (To avoid that, use Click2Mail'sMailing List Servicesto get a high-quality, reliablist.)

    Like any direct mail technique, you need to have a smart approach when it comes to personalization. Go too far, and you may not get thyou want. But used wisely, personalization is a powerful way to help your mailing resonate with recipients.

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    Industry Services

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    If you will not need all of the assets in yourIRA to cover yourretirement years you may want to consider stretching yourIRA. This is a strategy that will extend the life of yourIRA,allowing the assets to grow tax deferred or tax free in thecase of the Roth over a period much longer than your life.

    This stretchability of yourIRA makes it a very important toolwhen estate planning.

    FINANCIAL PLANNING

    FOR YOUR FAMILY

    S t r e t c h a R o t h I R A f o r G e n e r a t i o n s

    o f Ta x F r e e I n c o m e

    What is a Multi Generational IRA or the Stretch or Beneficiary IRA

    A technique using distribution rules to extend the tax-deferred or tax free status of IRA assets across multiple ge

    erations through the rules pertaining to an inherited IRA.

    What are the rules?

    Traditional IRA

    With a traditional IRA, distributions must begin no later than April 1 of the year following the year the IRA ownerreaches 70 . If the IRA owner dies and the spouse is a beneficiary, the spouse can inherit the traditional IRA

    and roll the balance into their own traditional IRA and then name a new beneficiary or just keep the original IRA

    place and treat it as if it is her own.

    The spouse can make contributions to the inherited IRA and allow it to keep accumulating and not take any distr

    butions until reaching 70 , when the required minimum distributions (RMD) must be taken. Or the spouse cou

    convert the inherited traditional IRA into a Roth IRA, pay the taxes and eliminate the need to ever take distribu-

    tions.

    If a non-spouse inherits the RMD kicks in immediately based on the age of the person inheriting. So for example

    consider Bob, who leaves a $100,000 IRA to his granddaughter who is 21 when Bob dies at 69. The grand-daughter must start receiving RMDs the year after Bobs death and stretch those out over her lifetime. So the

    granddaughters first required distribution a year later at age 22 is the $100,00 balance (or what ever the new ba

    ance at this current year later) divided by her remaining life expectancy of 68 years (based on a life expectancy

    90 years from the IRS table less her current age of 22), or $1515.15. Or they can take larger distributions or the

    whole lump sum.

    Note that because this is a traditional IRA, the beneficiary will be taxed for the distributions.

    Roth IRA

    COVER STORY

    2013 RE investment News

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    The Roth IRA can be inherited much

    the same way as the traditional IRA,

    but the distributions will be TAX

    FREE!

    The original Roth IRA owner is never

    forced to take distributions once the

    reach 59 and and they can keep

    making contributions after tax and the

    IRA can keep earning based on in-vestment tax free. Also unique is that

    because the contributions are made

    after tax, any contributions (not prof-

    its) made can be withdrawn at any

    time before age 59 1/2.

    So the big question is do you want a

    tax deferred Traditional IRA or a Tax

    FREE Roth IRA?

    WHEN SHOULD YOU USE A

    "STRETCH" IRA?

    The experts tell us if you do not need

    all the assets in your IRA to cover

    expenses during retirement, you

    should or would probably stretch the

    IRA over to an heir.

    As a totally legal tax reduction strate-

    gy, you may want to consider helping

    older family members establish sev-

    eral small Roth IRAs, with a different

    beneficiary named, for each account.

    So lets take an example of Bob from

    earlier.

    Bob and his father Joe are Real Es-

    tate Investors. Bob has a wife, a

    married son, and two grandchildren.

    Joe still works with Bob in the real

    estate business and drives around

    checking on rental properties for

    which Bob pays Joe an income of

    about $10,000 a year.

    Because Joe has the income, Bob is

    able to gift Joe with $3,000 and help

    Joe establish 6 Roth IRAs with $500

    in each, one that names Bob as heir,

    one that names Bob Wife as heir, one

    for Bobs Son as heir, one for his

    Daughter In Law as heir and one

    each for each of the grandchildren.

    Bob and Joe are fairly set with the

    rental income they both receive from

    their rental properties, they dont real-

    ly need much extra income to live on,

    but like every other real estate inves-

    tor out there, they cant pass up a

    good deal. They take the time to

    wholesale a house from time to tim

    and to do a rehab flip or two each

    year as well. So for the next five

    years instead of earning the incom

    from their wholesales, Bob and Jo

    direct these transactions within th

    Self Directed Roth IRAs they have

    set up for the benefit of all the fam

    members.

    On average they earn $8,000 a

    wholesale and complete about 1 a

    month so they are able to do 2 tra

    actions per IRA each year earning

    $16,000 for each IRA. At the end

    5 years each Self Directed Roth IR

    now have a balance of $80,000.

    being the landlords that they are,

    have invested the $80,000 in each

    the IRAs to buy and hold 2 Renta

    properties each with $700 a montrental income coming in adding ev

    more income into the IRA.

    At the end of 5 years Joe passes

    away and the 6 IRAs are now inhe

    ed by each of the family members

    Each of the family members are r

    quired to take RMD based on thei

    own life expectancy all tax free. A

    COVER STORY

    24 RE investment News 2013

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    the same time Bob and his Son Jack

    who are also investing in real estate

    can continue to direct the IRAs to do

    real estate transactions.

    So lets say Jack goes out and finds

    an awesome real estate deal that he

    knows should profit him about

    $40,000. He must decide if he

    should to this transaction with his

    own money or directed the Inherited

    Self Directed IRA to do the transac-

    tion. Jack looks at his own personal

    tax bracket and sees that he would

    have to pay about of that $40,000

    out in federal and state income taxes.

    However if the ISDIRA were to com-

    plete the transaction and that he

    could take $20,000 out as a tax free

    distribution and leave $20,000 in the

    ISDIRA for future distribution or hecould take the entire $40,000 out as a

    tax free distribution.

    Interesting so far?

    Lets take a look at one of the Grand-

    children in this example. At the time

    of Grandpa Joes death, Granddaugh-

    ter Susie is 8 and until she reaches

    age 18 and goes off to college, she

    does not have a lot of expenses. So

    each year she receives a RMD based

    on her life expectancy and the bal-

    ance of the ISDIRA at the time that

    she and her parents put away for a

    college fund. At the same time

    Grandpa Bob and Dad Jack keep

    investing Susies ISDIRA. At age 18

    Susie goes off to college and uses

    the college fund they have set up forliving expense and they wholesale

    four houses a year within the SDIRA

    and take the profit as tax free distri-

    butions to pay the college tuition and

    books

    Back to the question becomes when

    should you use a stretch or benefi-

    ciary IRA? How about whenever you

    can?

    What about other family?

    So you may say, great, I know real

    estate and my Dad would go for this.

    But I have brothers and sisters? One

    strategy would be to set up the Self

    Directed IRA for Grandma or Grand-

    pa at a bank or other traditional com-

    pany that has very low fees to main-

    tain and just keep the $500 balances

    for everyone. Then when it comes

    time to inherit there is not a whol

    heck of a lot of money sitting there

    be inherited and thats when you co

    vert them to Self-Directed and start

    investing them in real estate and ta

    ing distributions tax free.

    Please take a bit of time to do a bit

    more research on this. We wouldsuggest starting on the internet with

    search for Inherited IRA,

    Beneficiary IRA and Stretch IRA

    Some of the resources we found in

    clude:

    Stretch IRA Strategy Merrill

    Lynch

    How To Stretch Out An IRA Forbes.com

    How to Stretch a Roth IRA to L

    More Than 150 Years

    COVER STORY

    2013 RE investment News

    http://wealthmanagement.ml.com/wm/pages/ArticleViewer.aspx?TITLE=stretch-irahttp://wealthmanagement.ml.com/wm/pages/ArticleViewer.aspx?TITLE=stretch-irahttp://wealthmanagement.ml.com/wm/pages/ArticleViewer.aspx?TITLE=stretch-irahttp://www.forbes.com/2010/05/04/stretch-ira-roth-estate-taxes-personal-finance-deborah-jacobs.htmlhttp://www.forbes.com/2010/05/04/stretch-ira-roth-estate-taxes-personal-finance-deborah-jacobs.htmlhttp://www.forbes.com/2010/05/04/stretch-ira-roth-estate-taxes-personal-finance-deborah-jacobs.htmlhttp://questira.com/how-to-stretch-a-roth-ira-to-last-more-than-150-years/http://questira.com/how-to-stretch-a-roth-ira-to-last-more-than-150-years/http://questira.com/how-to-stretch-a-roth-ira-to-last-more-than-150-years/http://questira.com/how-to-stretch-a-roth-ira-to-last-more-than-150-years/http://questira.com/how-to-stretch-a-roth-ira-to-last-more-than-150-years/http://www.forbes.com/2010/05/04/stretch-ira-roth-estate-taxes-personal-finance-deborah-jacobs.htmlhttp://www.forbes.com/2010/05/04/stretch-ira-roth-estate-taxes-personal-finance-deborah-jacobs.htmlhttp://wealthmanagement.ml.com/wm/pages/ArticleViewer.aspx?TITLE=stretch-irahttp://wealthmanagement.ml.com/wm/pages/ArticleViewer.aspx?TITLE=stretch-ira
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    Wholesale Real Estate

    Get Started Investing

    I want to get into this real estate investing. Where should I start?

    This is a question that I often receive and while many factors should go into where you personally start like time and money, I qoften recommend getting your start in this business by learning how to wholesale properties. It does not take a bunch of moneywholesale a house and all the tasks needed in wholesaling should be learned in just about any other type of residential real estatvesting.

    What is Wholesale Real Estate Investing?

    The Wholesale Real Estate Investor identifies a highly moti-

    vated seller, who needs to sell quickly or a property that has

    some sort of problem that makes it harder to sell, usually in

    need of repairs. The Wholesaler then constructs some sortof negotiated purchase of the property at a discount or favor-

    able financing terms, then writes that up in a contract or pur-

    chase out right with the intention of quickly reselling to anoth-

    er real estate investor at wholesale prices.

    Where do I start?

    1. Learn Your Market: A very wise Real Estate Investor I

    know said that any new real estate investor should take the

    time to look at a minimum of 100 properties BEFORE they

    ever make a single offer. This is very good advice and where

    I always tell the new investor to start, looking at houses andlearning a market.

    You will want to learn things like where are the rental mar-

    kets, where are the retail markets and where are the local

    investors buying houses. You will want to focus your efforts

    on areas where the cash investors are buying houses and

    where houses are actually available. For example if all the

    cash investor buyers in your market are looking for houses

    that retail in the $50,000 to $120,000 market, you would not

    want to waste your efforts in an area where homes retail for

    $30,000.

    Likewise if you are focusing your efforts on an area where not

    many homes are sold and when a house does come on the

    market it sells very quickly, the sellers in that area might not

    be highly motivated to take your below market offer.

    2. Build Your Buyers List: If you talk to a business consult-

    ant about starting a business, they will tell you to complete a

    market analysis and find out if there is anyone out there inter-

    ested in your product. Building a buyers list is your market

    analysis. You KNOW that real estate investors and landlords

    buy houses, thats a given, but what kind of houses do

    want to buy, where do they want to buy and how much

    they want to spend.

    2.Dont get all hung up on building a huge list, you just n

    or 5 quality cash buyers. So one or two trips to the locaEstate Investment Group could help you find those buy

    and then figure out what it is they are looking for and go

    for them.

    3. Implement a Marketing Plan: Figure out what you

    going to do to generate leads. Are you going to drive a

    and locate vacant houses and hang door knockers. Ar

    going to put signs on your cards and in high traffic area

    you going to post ads in online classifieds. Are you goi

    send direct mail. Are you going to target people who c

    refer you leads. Figure out one way to generate leads,

    ment it and then add in 2 or 3 other lead generation tec

    niques.

    3. Qualify Leads: Have a good form to collect much i

    mation from the seller about the deal as possible. You

    more interested in the why they are selling than the det

    about the house. The details about the house are thing

    do need to know to crunch numbers, but you really nee

    know the sellers story to find out if it is a deal.

    4. Due Diligence: This is going to mean doing resear

    learning two things: the value of the home and what it

    in repairs. Then crunch the rough numbers. Remembethe numbers do not work it is not a deal. Dont get emo

    ly caught up in the price, just because you want to help

    that person, if you cant make the numbers work, move

    the next deal.

    5. Contract: Until you get the seller to sign a contract

    dont have anything to work with. If they are really mot

    they are going to keep calling buyers until they get their

    house sold. So if you dont get the motivated seller tied

    Wholesale

  • 7/30/2019 MAREI May 2013 Magazine

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    a contract, the next person that comes

    to their home might beat you to the

    contract.

    You may want to work directly with your

    buyers list at first to get very comforta-

    ble with what they are looking for in aproperty. That way you will be putting

    together deals that your buyers are go-

    ing to want to purchase. If you are not

    sure of numbers and putting a contract

    together, you may want to have one of

    your key buyers from your list to walk

    you through a few deals and show you

    want they are doing so you can under-

    stand how to do it.

    7. Get Paid: You need to understand

    how you get paid. It may be that youwrite an option on the property and sell

    the option. Or you might write a pur-

    chase contract with a few clauses you

    can use to get out of the contract that

    you could then assign to your end buy-

    er for a fee. Other investors who have

    either a little more funding available or

    who have negotiated a transaction with

    a large profit may want to actually pur-

    chase the property and the resell.

    8. Follow Up: For the seller leads that

    are not a deal right now today, you

    want to implement a follow up plan to

    call them in 30, 60, 90 and 120 days to

    see if their motivation has changed. Itmay be that you are the first low offer

    that they have received and they are

    not ready for that low of a price, but the

    4th person who makes the same offer

    gets the deal. So you want to be the

    first person and the follow up so you

    are the 2nd offer, the 3rd offer and keep

    trying.

    9. Qualify the leads. There may be a

    few leads that just are not a good fit for

    your investing model, so you may wantto refer those leads to a real estate

    agent to list or to another investor

    whose investing model matches the

    deal. As you get more practiced you

    will want to find a way to monetize as

    many leads as you can by purchase

    now, referring out to agents and other

    investors and then following up with the

    non-motivated people on down the

    road.

    10. Grow Your Business: As you d

    a few deals, review what you do and

    what you have learned. Possibly get

    friend who is also know in the busine

    to practice with and to hold each otheaccountable. Go over deals and see

    where you can improve. Also as you

    put profits in your pockets, reinvest

    these funds in things like marketing

    materials, technology and support so

    you can generate and evaluate more

    leads faster to do more deals.

    11. Do it Again: Keep that marketin

    going. Many people in all kinds of bu

    nesses market for business then whe

    they get a transaction they stop mark

    ing as the do their transaction. Then

    they have to restart their marketing a

    over. The goal here is to find a balan

    of continual marketing that brings in a

    consistent, steady stream of leads.

    The steadier your lead stream the mo

    consistent you are going to be at get-

    ting deals and making money.

    Dont Toss another Seller Lead for Lack of Buyers!Let Us Review Your Lead . . .

    Assign to us or partner with us.

    kcmoHomeBuyer.com816-200-2198

    Rehab and Retail Houses Turn Key Rental Properties Fixer Uppers & Multi Family Non-MLS Preferred

    Call and speak with Don or ScoSubmit Through Websi

    Houses & Seller Financed Notes

    Wanted

    Wholesale

  • 7/30/2019 MAREI May 2013 Magazine

    28/3228 RE investment News 2013

    3800South Main StIndependence, MO 64055

    $64,000 3 bed1.5 bath

    Turn-Key Rental!!! Al-ready Rent-Ready in Inde-

    pendence

    Paul [email protected]

    7314 Southwest Patton Rd

    Amity, MO 64422$80,000 4 bed

    2 bath

    One Level on 3 Acres inAffinityWest of Camer-on Missouri

    Charise [email protected]

    3015 Indiana AveKansas City, MO

    $27,000 4 bed1.5 bath

    Livable 4 bdrm 1.5 bath homein Kansas City, MO, shouldrent for $850 a month

    Christoph BeckerBlueprint Properties, IncBlueprintPropertySoltions.com(816) 419-1165

    3128 Waverly AveKansas City, KS

    $23,000 2 bed1 bath

    Freshly RehabbedBargainHome, Everythings New.Proposed Rent $650 a month

    Christoph BeckerBlueprint Properties, IncBlueprintPropertySoltions.com(816) 419-1165

    6736 South Benton

    Kansas City, MO

    $15,000 2 bed

    1 bath

    Investors and Rehabbers

    Dream Property

    Sherrit or David

    4real4real44.com

    [email protected](888)505-6915

    4 4522 Forest AveKansas City, MO

    $10,000 3 bedth Attention Rehabbers! 3 bdrm1.5 bath on good block

    Christoph BeckerBlueprint Properties, IncBlueprintPropertySoltions.com(816) 419-1165

    4035 Paseo BlvdKansas City, MO

    $19,500

    Duplex

    2 bd ea1 ba ea

    Fixer Upper bottom isnot bad, mostly cosmet-ic, top is gutted to thestuds

    Christoph BeckerBlueprint Properties, IncBlueprintPropertySoltions.com(816) 419-1165

    8803 E 49th StKansas City, MO

    $37,500 3 bed1 bath

    Completely Remodeled 3Bedroom Home, RaytownSchools.

    Christoph BeckerBlueprint Properties, IncBlueprintPropertySoltions.com(816) 419-1165

    1415 N 27th StKansas City, KS

    $12,500 2 bed1 bath

    Cheap Home in KansasCity KS with 2 bdrm, Mi-nor Repairs Needed.CheapMUST SELL

    Christoph BeckerBlueprint Properties, IncBlueprintPropertySoltions.com(816) 419-1165

    KCInvestMAREInet.com/ Properties

    Properties

    28 RE investment News 2013

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    MAREIMid-America Associationof Real Estate Investors

    Market Your Properties

    Members can MarketInvestment Properties

    Through the MAREI website

    Property Listings: log in and post prop-

    erties on the MAREI property listingpage with complete details, photos,contact information and links to yourwebsite.

    E-Updates: properties listed in theproperty listing pages are included inour bi-weekly e-update emails that goout to over 3500 local investors.

    Newsletter: properties listed in theproperty listing pages are included in

    this newsletter once a month. Thisnewsletter goes out via email to 3500local investors and to our various sociamedia outlets.

    Member Forums: members receive anemail of all posts through the forum.Log in and post a classified for yourproperty in the member forums

    Benefit included in all MembershipPlans - Join Today!

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    Monthly

    MeetingsTheres not a better investment inyourself that you could make!

    At our monthly meetings we host guest speakers, panels androundtable discussions with industry experts providing insightful andcurrent information for attendees. MAREI meetings are an essentialtool for building a comprehensive team for real estate professionals.

    MAREI works to keep its members up -to-date with the latest infor-

    mation on the real estate industry. MAREI has built relationships withmembers and the community at large who provide our members withinformation they need to be successful in todays world.

    We are the place to go for the information you need from the novice tothe experienced Real Estate Investor. Monthly meetings are the bestplace to connect and build relationships with like-minded people andlearn a thing or two along the way.

    MAREI MEMBERSHIP

    MEETINGS HELD AT:

    Northland

    (1st Thursday of the Month)

    North Kansas City Community Center

    1999 Iron Street

    North Kansas City, MO

    (816) 300-0433

    MAREInet.com/KCNorth

    Southland

    (2nd Tuesday of the Month)

    Career Education Systems/ In Mall

    8600 Ward Parkway, Ste 2080

    Kansas City, MO

    (816) 444-7277

    MAREInet.com/KCSouth

    Upcoming DatesMay 2nd Meeting: Self Directed IRAs: Get all your Self Directed IRA Questions answered with Expert PatrickHagen with the Entrust Group. Plus Haves and Wants and Networking!May 14th Meeting: IRA Case Studies: Real live actual deals completed by real live MAREI members. Find out

    how to utilize your Self Directed IRA in your Investing Business. Plus Networking

    May 31st to Jun 2nd Bootcamp: Big Money from Bad Debt. 3 Day Bootcamp in St Louis with Eddie Speed

    and NoteSchool on profiting from non-performing loans.

    MAREI

    Mid-AmericaAssociation

    ofRealEstateInvestors

    ARealEstateCommunity

    GUEST PASS

    Name: ______________________________

    Date: _______________________________

    Email: _______________________________

    Source: ______________________________

    For first time guest to visit meeting.GuestPassisavailableforfirst

    timeattendeestoMAREI.If

    you

    haveattendedbefore,explore

    membershipoptionsorpay

    guestfee.

    Events

    More Education & Networking OpportunitiesMAREInet.com/Calendar

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    I nvestment News Page

    LET US HELP

    KEEP PROPERTIES MARKETABLEKeep Costs Under Control & Meet Tight DeadlinesDedicated to your Success, With Solutions for Every Surface & All the Essentials

    EXCLUSIVE MEMBER DISCOUNTMAREI as a member of National REIA is able to bring ourmembers the exclusive Sherwin William Discount Card thatoffers unbeatable savings on paint, applicators, floorcovering,paint sundries, wall covering, spray equipment, and even windowtreatments!Members look for your discount card in your members Benefit Package or download from the Members Discount Section of the MA-REI Member Library.

    National Account Services Our strategic account teams can simplifyprocesses and maximize efficiencies withcentralized account management.

    LEED & VOC CoatingsDownload the latest guide on our prod-ucts that meet LEED and low VOCspecs.

    Color ServicesFind out about our color design servicesfor properties and read about the latestcolor trends.

    Flooring Products & InstallationWide variety of name brands, 24-hourturnaround and reliable installation.

    Commercial WallpaperSherwin-Williams is your one-stopsource for commercial wall covering.Over 5,000 residential and commercialwallpaper collections available.

    Commercial Floor CoveringsFrom carpeting to sheet vinyl, select theright floorcovering specific to yourneeds. Fully stocked national network,fast turnaround and reliable service.

    HomeScapesEnhance curb appeal and make selectioneasier with pre-selected exterior colorschemes.

    Finishing Touch Builder SuppoProgramComprehensive Program for your HomBuyers: Welcome Kits, Discount Cardand Model Home Programs.

    ASK SHERWIN WILLIAMSFind out more about all these products and ser-vices offered by Sherwin Williams plus theirChip It Online Color Matcher, ColorSnap Studiofor iPad and their Paint Pro Alerts by Text atwww.Sherwin-Williams.com .

    http://www.sherwin-williams.com/home-builders/services/builder-support/sw-article-pro-finishingtouch.htmlhttp://www.sherwin-williams.com/home-builders/services/builder-support/sw-article-pro-finishingtouch.htmlhttp://www.sherwin-williams.com/home-builders/services/builder-support/sw-article-pro-finishingtouch.htmlhttp://www.sherwin-williams.com/home-builders/services/builder-support/sw-article-pro-finishingtouch.htmlhttp://www.sherwin-williams.com/home-builders/services/builder-support/sw-article-pro-finishingtouch.html
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    Increase Your Prof i tabi l i ty

    Join Mid-America Association of Real Estate InvestorsMembers receive a complimentary e-subscription to RE Investment News

    Become a Part of a Local, State and NationalNetwork that Supports YOUR Industry!

    MAREI MEMBERSHIP AUTOMATICALLY GIVES

    YOU NATIONAL REIA MEMBERSHIP

    MAREI is the local Chapter of National Real Estate Inves-tors Association (National REIA), a federation of local asso-ciations through out the United States representing 40,000members across the U.S.

    LEGISLATIVE MONITORING & ADVOCACY

    MAREI monitors and promotes the enactment and enforce-ment of local, state and federal laws and regulations benefi-cial to the real estate industry. Support and create local and

    national advocacy initiatives and grass roots mobilization.

    EDUCATIONAL SEMINAR AND COURSES

    MAREI offers all National REIA Programs locally.

    Professional Housing Provider Designation National REIA UniversityMAREI also offers local training events 2 Monthly Meetings a Month Weekend Workshops and Full Day Seminars

    Partnering with National Education Events locally andacross the country.

    MAREI WEBSITEMAREI maintains a website that includes our event calendar,

    service provider list, government affairs updates, articles ofinterest and member properties for sale. All members areable to interact through our website with member forums.

    MAREI SOCIAL MEDIA

    MAREI maintains active social media spaces on Facebook,LinkedIn and Google+ for the benefit of members to interact

    NETWORKING & BUSINESS BUILDING

    MAREI holds a variety of events that enable members tointeract with other industry professionals, develop contactand gain knowledge that helps them grow their business.MAREIs calendar also includes a variety of events held bymembers and outside groups that are open to the generalpublic.

    NATIONAL REIA BENEFITS INCLUDE

    National Cruise: Network and learn about new tech-niques on the National REIA annual cruise.

    Industry Resources: Brining member benefits to the national buying power of our local associations.

    I went to the MAREI meeting and was very im-pressed with the quality of people I met, as wellas the content that was presented. Thank youfor putting that on, and I look forward to nextmonths meeting!

    Joe McDonald, Real Estate Investor

    The main reason for joining was to meet withother Real Estate Investors in the Kansas City

    area. Not only have we done that but we havealso received access to services from other MA-REI members, among them rehab insuranceand a general contractor.

    Tami and Kerry Hardinger, RE Investors

    I cant afford to let my membership expire! Itpays for itself. I think you have really done agood thing creating MAREI. It is a