Newsletter - October Newsletter - [PDF Document] (2024)

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Investment News

MI D- AME R I CA ASSOCI ATI ON OF R E AL E STATE I N VE STORS

October 2011NETWORKING : EDUCATION : COMMUNITY

DO NOT PASS

GO!

the greatest

opportunityto acquire wealth

our generationmay ever see!

Andy HellerIs teachinglong term

wealth buildingmodel

October 22nd

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Honors

Of Merit

2011

Electronic

Communication

&

Membership

Development

Page 2 MAREInet.com

MAREINotes

Contact Information

PO Box 8685, Prairie Village KS, 66208

Phone: 913-815-0111 Fax: 816-523-4448

Our Mission Statement

Mid-America Association of Real Estate Investors is dedicated topromoting ethical real estate in-vesting and to protect and promotethe best interest of our membership through educational and

networking opportunities as well as community, legislative andpublic relations.

Legal DisclaimerMAREI does not exist to render and does not givelegal, tax, economic or investment advice and

disclaims all liability for the action or inaction taken or notas a result of communications from or to

its members, officers, directors, employees and contractors.Each individual should consult his/her

own counsel, accountant and other advisors as to legal, tax,economic, investment and related

matters concerning real estate and other investments.

Content DisclaimerThe views and opinions expressed by authors ofarticles contributed to this newsletter do not neces-

sarily reflect those of the association, the board of directorsor the staff.

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Investment News Page

MAREIStaff

Kim Tucker 816-523-4400

Director

[emailprotected]

Don Tucker 816-523-4400

President

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Audio Visual

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Meeting Ambassador

816-268-3849

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Meeting Ambassador

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volunteers: Be sure to thank our volunteers who

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[emailprotected] or call 913-815-0111.

Special Thanks to Marty Seiss and Melissa Wurtz for their

assistance this past month.

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Page 4 MAREInet.com

BUSINESS MEMBERS

ADDRESSING THE NEEDS OFmarei

Real Estate Investors and Landlords depend on a well

rounded team of professionals. If you are building your

team or looking to make a trade, start your recruiting with

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complete list of suppliers and any discounts they may of-

fer to MAREI members by visiting, www.MAREInet.com.

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Attorney Wise / Anderson BobWiseLaw.com 816-942-5925 BobWise

Contractor Te-Tee Light MAREI Vendor 816-356-1870 George Bai

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Lender Argentine Federal Savings ArgentineFed.com 913-402-1500Ann Wilkinson

Prop Mgr Abraxas Prop Mgmt AbraxasMgmt.com 816-474-8800 MekaCayce

Prop Mgr Jamieson Home Team JamiesonHomeTeam.com 816-503-4671Kevin Jamieson

Prop Mgr Premier Leasing MyPremierLeasing.com 816-841-9500 JeffWoods

Realtor Realty Resource RealtyResourceKC.com 816-523-4400 KimTucker

Security Devcon Security DevconSecurity.com 913-907-4942 MarianCollins

Supplier Canyon Stone Canyon-Stone.com 913-254-9301 MattPuckett

Title Accurate Title Company AccurateTitleco.com 913-338-0100Jackie White

Wholesale kcmoHomeBuyer kcmoHomebuyer.com 816-200-2198 DonTucker

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Investment News Page

Join the Conversation

https://www.facebook.com/

KansasCityRealEstateInvesting

https://www.facebook.com/

groups/kcrei/

http://twitter.com/#!/mareinet

In This Issue

MAREI Business Members

MAREI Meeting Staff

Notes from Director

Fraud in Real Estate

Real Estate: the Perfect Storm 1

Risk vs Reward: Protect Yourself as a

Landlord

1

Coalition for Sensible Housing Policy 1

Market Data: Investing Research 1

Top Tips for Landlords 2

MAREI Calendar of Events 2

Registering for MAREI Events 2

Classifieds 2

New & Renewing Members , Guests 2

ContentsMAREI NewsSpeed Networking

In December

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next page. The trainers in these places might charge y

$500 to $2000 for a home study course, maybe $1000

$3000 for a bootcam

What you need to realize is that these pitch people, w

are bypassing your REIA group and going straight to yo

newspaper, TV, mailbox, or email in box, bypass your RE

group for a reason. If they came through the REIA gro

(1) they probably would not get pass the REIA groups ga

keeper because of the quality of their training and cost a

(2) if they did get in to speak at your group, the REIA lea

ers would probably be telling you it was a big rip off. Mys

I have seen these pitch people offer a free 2 hour hype a

local hotel on how easy it is to get rich. The sell you int

$300$500 week-end with some books and a lot mo

hype on how easy it is. What I dont get is that if it is

easy and if you can get so rich, why I need to spend a

other $10,000, $20,000 or more to find out how to do

why cant I figure it out from the 3 day training I just a

tended and all the books and tapes they already sold m

These weekends sometimes have good material, a

sometimes dont. But still you really need to spend anoth

$5,000, $10,000, $20,000, and more because you rea

cant get rich unless you invest money in your educatio

And I agree, you do need to invest in training, but w

spend $20,000 on something that really is basically t

same training you could buy from trainers vetted by yo

REIA group for much less. It probably has a fancier pa

age and comes with some highly trained sales people f

lowing up with you to tell you that you are going to be r

in real estate, but you really need to spend anoth

$20,000 for this or than! To top it all off, many of the

pitch people dont invest in real estate . . . Imagine that .

And are just repackaging materials they bought from t

guy that spoke at your REIA last mon

For example, this month MAREI has a training person co

ing in to speak: Andy Heller. He will be offering real, va

able training at the Saturday event and he will be selling

training course that he and his partner created. But kn

this, His course runs around $2000 according to his we

site and I know he does not have a staff of phone sa

people following up with you trying to sell you somethi

else. He comes highly recommended from many REIA

and their members from across the country and he does

fact invest in real estate

Kim Tuck

I recently opened my mail box to find a

special invitation to a Private Pre-

Auction Event. The invitation goes on

to say smart investors are making mil-

lions from tax deed auctions, foreclosure

flips, and pre-auction events.

As I read through the invitation I cant quite figure out whatI

am being invited too? Is it an pre-auction event in advanceof

a tax deed auction, where the speaker is going to train meon

tax deed auctions. Hmm, those have already passed for

2011 here, so that cant be it. They might be going to train

me, or sell me training on how to do a foreclosure flipbefore

an auction, but still when is the auction? There are nolarge

auctions planned in Kansas City as those always end up in

the Kansas City Star and in my email in box. So back to the

invite. It also says we can make millions from attendingthis

pre-auction events. But again I am stumped as to what this

event isis it how to make money or is it an auction. What

ever it is, I can go for free, its limited to 100 attendees,I

could win an I-pad, and it will be eye opening.

Great, but what is it. So my next task was to check thisevent

out a bit more. As we will talk about at the Tuesday Meeting

we should check out everything before we spend, and I am

sure at this event, what ever it is, they will have a hugeeye

on my credit card and check book. . . So lets check this out

and see what he is all about.

So my next step was to head off to my good friend Googleand seewhat it had to say about this event. After a few clicks

I start seeing a lot of promos for this guy and others withsimi-

lar events all across the country. Not really any positivefeed-

back, but a lot of negative feedback. In fact on one webpage

from this promoter, there is a notice that he is violatingCana-

dian real estate laws by acting as a broker in a real estate

transaction without a real estate license. Then I found a

blogger that described a past pre-auction event from last

year. He said it really did not feature the guests speakers

promoted except via recorded video. That it was presented

by polished pitch people telling you how easy it is to getrich

in real estate and how much banks want to sell you their

houses. Now if you have a couple of hours to kill and wantto

go get your free camera (and it looks like a free one in the

photo too) and a chance to win an I Pad, well great. Butfrom

what I am seeing you are not going to learn a whole lot anda

few people are going to leave with less money in theirpocket.

As a practicing real estate investor for almost 12 years now,I

am all for education: go buy a book, go to your local real

estate investment groups meetings and trainings, even buy a

training course or a bootcamp, or check out MAREIU on the

Directors Notes

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Investment News Page

www.MAREIU.com

www.MAREIU.com

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Page 8 MAREInet.com

Fraud in Real Estate

Kansas CityThe Kansas City Star reported on 10/4 that A

former Lees Summit real estate agent will

spend 20 months behind bars and must pay

more than $5.6 million in restitution for a mort-

gage fraud scheme that left banks holding bad

loans and caused property values to plummet.

The builder involved in the scam was sen-

tenced to 2 1/2 years in prison and ordered to

pay restitution of more than $5 million for hisrole in thescheme including mortgage fraud,

wire fraud, and transferring funds obtained

across state.

The FBI found that a woman from California

and a man from Florida helped three people

build false credit histories so they could obtai

fraudulent loans. These were the straw buy-

ers and all were sentenced for using false

numbers to artificially raise their credit scores

allowing them to purchase six propertiesworth more than $2.7million.

October Monthly Meeting:

Tuesday October, 2011, 6pm to 9pm

Career Education Systems,

FREE for members, Guests $25 at the door, $15 ifyoupre-register

Dont miss this eventMonthly MeetingAgenda

5:40 PremeetingMarket Report

6:00 Check in / Vendors / Networking

7:00 Announcements / Q & A w/ Andy Heller

7:30 Presentation

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Investment News Page

Due Diligence

Considering a Transaction

Considering doing businesswith someone.

Check them out First

Check County Records forOwnership of Property

Check Secretary of State Website for Company Ownership

Use ZabaSearch.com to matcnames with phone numbers

GOOGLE a Name

See if they are on Facebook oLinkedIn

Check for people or companynames in CaseNet in Missour

or JocoCourts.com in KS

Check for licensing with StateRegulatory Boards:RealtorsMortgage Brokers, Appraisers

Check with the State AttorneyGenerals Office

Look on the FBIs website tosee if they have been in troubl

Dont fill out online applicationwith companies or people you

dont know.

Ask lots of questions and getanswers that make sense.

Ask for references and checkthem out, dont take them at

their word, especially if they uswell known peoples names.

Leawood Attorney pleads guilty

to participating in a conspiracy

to commit wire and mail fraud.

Investors lent $52.5 Million to

this attorney and others through

a Real Estate Ponzi scheme

where they thought they were

lending for legitimate real estatedevelopment projects, butmost

of the money was being kept or

used to pay interest to other

lenders. Look up British Lend-

ing Program Online or BLP.

August 2010, Kansas City Kan-

sas man sentenced to 145

months in prison and ordered to

pay more than $5.8 million inrestitution for mortgage fraud.

Plead guilty to mortgage fraud,

wire fraud, money laundering,

and aggravated identity theft.

Conspirators obtained loans for

purchasing and refinancing

properties by submitting fraudu-

lent loan applications with false

statements, false sales con-tracts, and false appraisals by

unlawfully making use of the

identity of a licensed appraiser.

Scammers using Craigslist to

target would be renters in an

Identity Theft Con. They steal

another persons photos and

property information from a

house for sale to create a newrental ad on Craigslist with a

very attractive rent and ameni-

ties. Then once a potential

renter contacts them, they ask

for them to fill out an application

online. When they stop by the

property to see it, they are told

the house is not for rent and

they know nothing about the

rental application.

You can search for stories

about fraud in real estate and

mortgages on the internet for

hours and never run out of sto-

ries.

In an effort to educate our

members and guests, we have

invited in FBI Special Agent

Julia Jensen for her 3rd presen-

tation at MAREI. Her first two

were very informative and very

well attended. As she has cutway back in her speaking en-

gagements due to an increased

case load with her investiga-

tions, we are very lucky to have

her join us for this meeting. WE

EXPECT A PACKED ROOM!

So get there early to reserve

your seat.

We hope that you take awayinformation from this presenta-

tion that will keep your name

out of the paper as a person

taken in by a scam or the per-

son going to jail for committing

fraud. We have seen numer-

ous people in trouble over the

years with fraud schemes on

both side of the scam due to

their lack of knowledge about

the situation. So we ask you to

pay close attention, take notes,

and if ever faced with anything

you dont understand, ask for

help.

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Today: The Perfect Time to Invest

By Andy Heller, Co-Founder, Regular Riches Invest-mentSystem

Should an investor swim or reach for a life preserver?

Just a few years ago, the number of real estate inves-tors wasgrowing by leaps and bounds; however, todaymany investors that wereattracted to real estate in theearly part of this decade due toskyrocketing property

values have retreated to the sidelines. The market hasbeencooling nationwide, and so it seems has the ap-petite of manyinvestors. The million dollar question is,are they right? Shouldother investors follow theirlead?

To help answer this question, lets look at a similar oc-currencethat happened in the late 1990s in the stockmarket. Stocks began toappreciate rapidly in the mid1990s. In response, stock investmentclubs popped upall over the country. The increased interest in thestockmarket drew more attention to stocks from previouslyinactiveand novice investors. This brought moremoney into the stock market,which in turn drove prices

even higher. The bubble burst on the stock market inthe early2000s. Stock investment clubs closed andinterest in the stockmarket waned in response to thedeclining values.

The end of the bull market and start of a bear market ithe early2000s sent many of these new stock investoto the sidelines, just asreal estate investors attracted skyrocketing property valuesearlier this decade havealso just recently retreated to thesidelines. As we

asked above, are the retreating investors right? Theanswer is aresounding NO.

An astute stock market investor makes good money inboth a bullmarket and a bear market. The same occuin the real estate market.There is a GREAT opportu-nity for todays real estate investor.Todays investor isunlikely to find and profit from skyrocketingprices thatdominated many real estate markets just a short timeago.Therefore, investors who plan only to profit frompropertyappreciation are right to retreat if that is theirprimary means toprofit. But todays market provides aeven greater opportunity toreal estate investors thanyears past. It is just a DIFFERENT, andvery special,

investing opportunity. Large profits will not come fromonlyproperty appreciation but from othersources.

We refer to the special opportunity that is jusstarting todevelop in Todays real estate maket as a Perfect Storm. The PerfectStorm ithe name of a movie staring George Clooneyand Mark Wahlbergthat depicted the mostviolent storm of our generation. Thisonce-in--generation storm occurred in the mid-1990sand was causedby three separate and dis-tinct weather patterns that occurredsimultanously. One happened a lot, two every coupledecades, and allthree together was some-thing seen once in a lifetime. Thiscreatedwhat was nicknamed The Storm of the Cen-tury or The PerfectStorm.

So what in the world does that have to do wittodays real estatemarket?

Like the Perfect Storm, today we find threethings happening inthis real estate marketthat is the start of what is potentially aonce-i

Real Estate

The Perfect Storm!

Page 10 MAREInet.com

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a-generation investing opportunity.Three market developmentsthat havenever occurred all at the same time:

1. Record Foreclosures Withforeclosures today at record num-bersand going even higher, thisin short means that the poolofproperties available for investorsto purchase at a discount isIN-CREASING. Also, because manycommunities across the UnitedStatesare seeing added foreclo-sures coming onto the market,this isforcing the average home-owner to also discount their homein orderto attract a buyer. Fore-closures are up all across theUnitedStates, with annual in-creases of 100% in many parts ofthe country.In short, it is easiertoday to get a huge discount oninvestmentproperty that it hasbeen in years.

2. Rising Rents With loan stan-dards tightening up thepastmonths, fewer people can qualifyfor home loans and thereforede-mand for rental property is in-creasing. In response to thisris-ing demand, landlords are able torent their properties faster,keeptheir properties rented longer, andraise rental rates. Soinvestorswho like to rent, lease/purchase,or are unable to flip aproperty,can take advantage of a rapidly

strengthening rental market.

3. Less Competition Without theattraction of profits fromskyrock-eting property values, fewer inves-tors are active today.Fewer in-vestors means less competitionand even more opportunitiesforbig profits.

How is todays investor able to takeadvantage of this PerfectReal Estate

Investors Storm?Simple, on the purchasing end, aninvestor todaywill be able to use theincreased supply of properties at adiscount,and the lack of competition,to achieve investor discounts thatwerevery hard to achieve before.Where two to three years ago anin-vestor may have been happy to se-cure a discount of 10 percenton a

Investment News Page 1

Maximize your profits in Todays Perfect Storm Invest TODAY inestablishing your network of realty contacts and property

sources.

Seek a much greater investor discount upon acquisition than youwould haveaccepted a couple of years ago.

Secure an exit strategy that allows you to acquire cash outevery now and

then (such as a lease/purchase)

Do frequent rental analysis wherever you have rental property(i.e., dont be

so quick to ask for $1500 when today you might be able to get$1700 be-cause of the growing number of renters).

Consider locking in tenants to two, and even three, year leases(our shortesis three years). This gives you a chance to get rentsup with annual in-creases, and hold onto enough properties inanticipation of property valuesgoing up again (which theyeventually will).

Seek out educational products (books, seminars, home studycourses) thatteach investing strategies where the investors profitsare not dependentsolely upon property appreciation.

Andy Heller is co-author of the Fortune Magazine recommendedbook

Buy Low, Rent Smart, Sell High and together with his partner,Scott

Frank, have approximately 40 years of combined real estateinvesting

experience and have purchased, rented and sold approximately100

residential properties. For more on the Fair Lease/

Purchase and other real estate investing tips go dont

miss out on his workshop in Kansas City on the 22nd.

Go to www.MAREInet.com/AndyHeller to sign up for the

event, and to register for some FREE Bonuses. Every

person that Pre-registers for the event will receive a free

copy of Andys BookBuy Even Lower.

given property, that same propertycan be purchased in asoftening mar-ket 40 percent or more below market.

On the marketing end, investors whor*nt or lease/purchase willbe able toachieve greater profits from less va-cancy periods andrising rents. Forthose investors who try to flip can usethe hugediscounts they obtainedwhen they purchased their propertytodiscount the property more than they

could have a few years ago and at-tract an buyers quickly. If abuyerdoes not purchase quickly, the inves-tor can simply fall backon a rapidlystrengthening rental market and at-tract a qualitytenant, and patientlywait for property values to head upagain.

How is this playing out today allacross the USA? I have beeninvest-ing for approximately 20 years. In thearly part of thisdecade, I admittedlypaid a bit more for properties than Iwould haveliked, mainly due to theintense competition due to so manynewinvestors competing for discounproperties. Today, there aremoregood opportunities to buy than I couldhave ever imagined just afew yearsago. My world is a microcosm of theoverall real estateinvesting markettoday. I can sum this up in 3 words:

Deals, Deals, Deals!

Throw away the life preserver, dive inand enjoy the bestswimming an in-vestor has had in decades.

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Page 12 MAREInet.com

units setting empty any longer than is necessary,but you dontwant to be just inserting warm bodieinto your properties that willflee in the night orneed to be evicted in a couple of months.

The answer is to turn to tenant screening. Thisshould not besomething you learn and do it your-self, you want a formal processthat works every

time and to do that you need a professional screeningservice.

While we cant know with 100% accuracy that aperson will make agood tenant, but we can knowwith a percentage of accuracy if aperson will havea higher likely hood of paying rent, notcausingproblems, and making you more money.

There are numerous screening services that youcan turn to thatdo as little as a credit check, to anonline screening, to a fullblown background checkPrices can vary greatly, but for a goodscreening

for one person expect to pay between $25 and$35, which by theway can be an application feepaid for by the prospective tenant.Which onceupon a time, a burly old landlord told me was ascreeningfunction in itself. If the tenant is not willing to pay $25 to $35per adult in the property forscreening, that tells you right therethat they wouldnot be a good tenant and you would not be receiv-inga good report.

So what should a good screening company pro-vide? A lot morethan a credit score as a creditreport is about the persons credit,but how much

does the way a person pays their visa bill have todo with howwell they will take care of your properand pay rent and not set upa crack lab in yourbasem*nt.

So be sure to look for a screening company thatwill look at allaspects of the tenant history and provide you with:

There are numerous ways to invest, but the moreyou read andstudy, you will find that all routes toreal wealth is throughmaking a profit day in andday out through rent payments.

You may be a landlord and rent out houses, smallmulti family,apartments, or commercial proper-ties. You might do a more advancedapproach

and look at lease options, contract for deed, orsellerfinancing. All choices allow an investor tomake money in severalways. First when you buyit under value, instant profit. Second,when youimprove the property through renovations orrentalincreases. Third through rent income. And Fourthtroughappreciation.

Now you may hear the old veterans talking aboutdifferent typesof problems from tenants tearing uptheir properties to not gettingtheir rent on time.But remember they are old veterans and arestillout there renting properties, so there must besomething tothis being a landlord or they wouldhave thrown in the towel longago.

What these people know and that you need tolearn if you are new,is that whether you are alandlord managing your own properties, ora land-lord who has hired a property manager, or you areone ofthose people with a huge rental propertyportfolio, you have lessproblems and make moremoney when you know more about yourtenant.

You can learn how to spot a good property or hirea realtor andproperty inspector to help you. You

can hire a contractor to do the repairs and main-tain theproperty. You can even hire a propertymanager to manage theproperty. But to actuallylearn more about your tenants, you have tofind away to screen them thoroughly and not discrimi-nate againstthem at the same time.

Risk in being a landlord is minimized by renting apropertyquickly and further keeping the good ten-ants as long as possible.You dont want your

Risk Vs Reward

Protect yourself as a Landlord

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Investment News Page 1

Credit History that is easy toread and understand so youcan seewhat they pay andwhat they dont.

Civil History and evictions fromcourt records so you can seewhythey have been sued in-cluding rent, damages, andpossession ofproperty.

Criminal History so you can seewhat type of crimes they mayhavecommitted. The guy whoshoplifted 20 years ago mightbe ok, they guywho was con-victed of dealing drugs or as a

sexual predator might not be. Employment and Income Verifi-

cation to make sure they dowork where they say they doand infact make what they re-ported to you on your applica-

tion. And statistically speaking,is that enough income fortheamount of rent you are charg-ing.

Rental references from currentand prior residences so youmightfind that the current land-lord who wants this person outgives youa glowing report andthe three landlords before thattell you how badthey were.

Some screening companies mightoffer a risk rating factor to helpyouin the process, but in the end youneed to make sure you form afor-

mal screening criteria you apply toeach and every potentialtenant soyou do not find yourself in violationof any fair housingregulations.

Formal Screening Criteria means itneeds to be written down, itneeds

to be a step by step process ap-plied to each and everypotentialtenant. It needs to be objectiveand repeatable. And lastyou nee

to document your process and theobjective results so you have apaper trail should a fair housing audior investigation come tolight.

As we talk about formal, objectiveand documented, all of theseas-pects point to using a screeningservice to provide you theformalitthe yes and no answers, and a paper trail to put in yourtenant andrejected application files.

One last item that you can use toprotect yourself is rentalpaymentinsurance to make sure you getpaid rent should the tenantskipbefore the lease expires or if youneed to evict the tenant.

More Profits

More Information . . .

More Confidence

Tenant Screening

Pre Employment ScreeningContractor Screening

Collection Services

www.AAAScreening.com

816-436-0085

Discounts for MAREI Members

Do the math.Your vacancy is costing you every day.Fill yourvacancy faster and save moneywith Rentals.com!

Discounts for MAREI Members:

Receive 20% off all Regular

Priced Advertising. Log into

Members Area, click on Member

Discounts and look for MAREIs

Discount code!

8/3/2019 Newsletter - October Newsletter

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Page 14 MAREInet.com

You may have heard of Qualified Residential Mortgage Re-

quirements, or QRM, which proposes rules that would in

essence require borrowers of higher risk loans to make a 10

to 20% down payment.

In an effort to make sure the general public understands

what QRM is and the drawbacks that it will cause, MAREI

through its membership as a part of National EIA has joined

forces with the Coalition for Sensible Housing Policy

(www.SensibleHousingPolicy.org) which is made up of 46

key associations across the country including: National As-

sociation of Realtors, the National Association ofHomebuild-

ers, American Bankers Association, the Mortgage Bankers

Association, the NAACP and other consumer groups, civil

rights groups, lender, real estate professionals, insurersand

local governments. This coalition was established to combat

the possible passage of the proposal by federal regulators

that would raise costs for creditworthy homebuyers, deny 25

million current homeowners the ability to refinance intolower

rates because they lack 25 percent equity, slow the eco-

nomic recovery by further stifling the housing market andensurea large government strangle hold of housing markets

for a very long time.

While in the past the requirement of 10 percent to 20 per-

cent down payments was very common, we have seen that

wellunderwritten, low down payment home loans have

been a significant and safe part of the mortgage finance

system for decades. The proposed QRM exemption ignores

historical data and imposes minimum down payments of 10

to 20 percent and equity requirements for refinancing of 25

to 30 percent equity.

This would result in responsible consumers who have goodcreditand seek good loan products to be forced into more

expensive mortgages under the new proposed rule just be-

cause they do not have 10 to 20percent to put down.

These mortgages will be more expensive for consumers

because the capital and other costs of retaining the riskwill

be passed onto them, if the private lending market chooses

to offer loans outside of the QRM standards at all.

What are the proposed rules and their potential effects:

For consumers, the QRM was intended to prove cred

worthy borrowers access to well-underwritten product

at good prices. Although Congress intended for the

QRMs to be accessible to a broad range of borrowers

the regulators acknowledge that they crafted this rule

to make the QRM a very narrow slice of the market.

Despite specific Congressional rejection of down pay

ment requirements in the QRM legislative provisions,factattested to by the QRM sponsors, the regulators

have insisted upon a punitive down payment require-

ment, even when confronted with ample historical loa

performance data that show low down payment loans

perform well provided the loan has been properly un-

derwritten and has consumer-friendly features.

For the housing market, the statutory intent of the

QRM was to provide a framework for sound and re-

sponsible liquidity provided by private capital that

would be broadly available to support a housing reco

ery. However, the QRM definition in the proposed ru

will force the vast majority of both first-time and exist-

ing homeowners to face potentially significantly high

interest rates, or to postpone purchases and refi-

nances.

For the structure of the housing finance market, the

QRM was intended to help shrink the government

presence in the market, restore competition and miti-

gate the potential for further consolidation of the mar-

ket. Again, the proposed rule is likely to have the op-

posite impact.

Coalition Recommendations

Regulators should redesign a QRM that is consistent with

Congressional intent: encourage sound lending behavior

that supports a housing recovery, attract private capital an

reduce further defaults without punishing responsible bor-

rowers and lenders.

For more information visit, www.SensibleHousingPolicy.o

and for more information on MAREIs Legislative Affairs g

to www.MAREInet.com and look under the Government

Tab.

CoalitionFor Sensible Housing Policy

8/3/2019 Newsletter - October Newsletter

15/29

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8/3/2019 Newsletter - October Newsletter

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In life as they say knowledge is power. The more youknow aboutmarket statistics in your given field of businessand the betterable to interpret and apply the data, the betterbusiness person youwill be.

Real Estate is no different than any business, you need togatherdata, study it and use it to plan your business. Thereare virtually100s of source of data for the real estate inves-tor from the localMLS service, the local Real Estate Asso-

ciation, the Regional Federal Reserve Boards, the US Cen-sus andothers. We have just started tracking several differ-ent factorsgleaned from all of these services and combinedthem into a marketdata report that you will find on the Mem-bers Only side of theMAREI website and that we will belooking at briefly at the October11th PreMeeting from 5:40to 6:00.

If you are like many real estate investors, knowing what youarelooking at is a bit tough, because if you were luckyenough to havesome sort of formal training on statistics itwas a long time ago,and in many cases, you may havenever had any training. So we aregoing to look at the chartbelow and see if we might be able tofigure out what we arelooking at. This data came from both theHearland MLS andKCRAR websies.

Below you will find three sets of information includingInven-tory (how many houses are on the market), Days on Market(thenumber of days properties have been formally listed forsale), andthe Average Sales Price as reported by the sellingagent. It also islooking at residential properties only andwhere possible breaksdown New Construction Homes fromExisting Resale Homes and thenCombines the two.

But looking at just these numbers we can see how muchinventoryis increasing and decreasing. Which when youare looking at just oneparticular point in time will not tell youa whole heck of a lot.But if you track it over time as wehave shown in a spreadsheetbelow or in a full year chart, asyou will find in our MarketReport, you will see trends that

can help you. So in this chart looking at August Numbers,we seethat number of new homes in inventory is going

down compared to last year and that the inventory of exisinghomes is a little less than last month and about 10%less than lastyear. If we look at the number of days ittakes to sell a house onAverage, we see that in Augustthis was 110 days, which is just abit better than last montbut a little longer than it took lastyear. When we look ataverage sales prices, we again see a bithigher than lastmonth, yet a bit lower than last year.

Keep in mind that the numbers below are an overall photoof allareas of the Kansas City Metro and all price ranges,which can be agood snap shot. But if say for example yoare primarily concernedwith first time home buyer housesbetween $100,000 and $200,000 insuburban Kansas CityMetro, you might want to look at raw data andfactor outhigh end homes and the 100s of urban core, bankownedproperties that are selling for almost nothing andaffectingthe overall numbers.

If you watch data like this over time you will be able to seehowrising and shrinking inventory will affect price and howquicklyhomes will sell.

Once you have mastered the basics of tracking your mar-ketspecific to your investing needs you might want to add

in other trends such as:

Employment or Unemployment Numbers more peoplooking for jobswill create less of a demand, while anew business opening with 100sof new jobs couldcreate a demand in an area.

Rental Demand and Rental Rates: If there is a shortage of rentalunits, rental rates might be rising, while there are too manyrentals, you might see rental ratesgo down and move in incentivesgo up.

Aging of the population, is very important to the investorbecause if your main population is older, you mighwant to focus onproperties for older tenants or buyerYet if you are in say acollege town where you have a

Market DataInvesting Research

Aug Invent.

Mo/Mo

Change

Yr / Yr

Change DOM

Mo/Mo

Change

Yr/Yr

Change Price

Mo/Mo

Change

Yr / Yr

Change

New 1312 0.46% -22.10% 307839 -0.51% 3.73%

Resale 15165 -3.46% -10.74% 146381 0.52% -3.71%

Total 16477 -3.14% -11.65% 110 -0.91% 10.0% 157372 0.32%-3.94%

Inventory Change Days on Market Average Sales Price

Page 16 MAREInet.com

8/3/2019 Newsletter - October Newsletter

17/29

unusually younger population, you may want to focus on housingforcollege students or families with small children.

One chart to pay particular attention to is one that looks atnumbers ofhomes sold by month over a several year period so you cannote when

sales drop off and sales values go down. For example here in theKansasCity metro, if you look at such a chart you will see valuesand sales dropoff from December to February. So as a person in thereal estate busi-ness you would need to plan for less sales andincome during thosemonths.

Some other great resources for real estate market trends:

www.KCRAR.com

www.RealTrends.com

www.Realtor.org

Property Management

Section 8 Housing

KC Metro Wide

Jeff Woods

Broker

ww.MyPremierLeasing.com

816-849500

www.AccurateTitleCo.com913-338-0100 phone

Title Services Provided for:

FSBO, Wholesale, & REO Transactions New ConstructionClosings Commercial Purchases and Refinance All Types of LoanClosings 1031 Exchanges FHA, VA, USDA, Conventional Loans,

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Investment News Page 1

When investing in the Kansas City Metrowhether you live here orare out of state, startyour investing with Mid-America AssociationofReal Estate Investors: Our members are fromall areas of the realestate industry and areready to help you plan your Real EstatePortfo-lio, find the perfect property, do all the neces-saryrepairs, and manage those purchases formaximum performanceovertime. Before you invest yourtime and money, start withMAREI andconnect with ourmembers!

8/3/2019 Newsletter - October Newsletter

18/29

Page 18 MAREInet.com

2011 National REIA Honors of Merit Winne

BUILDON SUCCESSWITH

MAREI

JOIN NOW! Education, Training & Support Networking for team& skill building Discounts from local & nationalvendors

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Call

913-815-0111or visit

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Stay capitalized. One of the mostserious problems smalllandlordsface is lack of cash, as being alandlord involvesunexpected ex-penses. These range from tenantssuddenly ceasing topay their rent,to unexpected repairs, to lawsuits,

but the only predictable aspect tothese unexpected expenses isthatthey will happen, and with somefrequency. Set aside aheftyamount of cash specifically forrental expenses, and resistthetemptation to use it for anythingelse.

Understand the eviction process.Although many of us dont wishtothink about worse case scenarios,it is important to becomefamiliar

with the eviction process and beready to start the processimmedi-ately when a tenant violates thelease. While the specificdocu-

(Continued from page 20) ments required are different ineachstate, all states involve thesame general eviction process.Thelandlord or property managermust serve the defaulting tenantwith aparticular notice, wait aspecified period of time, file incourt,attend a court hearing,schedule a date for the actual evic-

tion, and so on, and landlords arewell advised to understandthisprocess before actually having togo through it, because it isex-tremely expensive and takes farlonger than most landlordsantici-pate.

Understand the Fair Housing Actand how it applies to yourrental.When advertising for a new tenant,it is critical thatlandlords and prop-erty managers understand and

comply with the Fair Housing Act.The Fair Housing Actprohibitslandlords from using any of thefollowing criteria whenevaluating

potential tenants: race, color, na-tional heritage, religion,gender,disability, and familial status. Whithat may sound simple onthe surface, consider that stating in arental listing "perfect fora singleprofessional" is a violation of theAct (bias againstfamilial status).Advertising only in your church's

newsletter discriminates by relig-ion. What landlords canandshould use to evaluate potentialtenants is financial data,credit histories, and other background data

Author Brian Davis is a seasonedlandlord and marketingprofes-sional. As Vice President of onlincompanyEZLandlordForms,BriaDavis works to empower landlordand property managers acrossthUnited States with valuable infor-

mation and documents to supporttheir work.

8/3/2019 Newsletter - October Newsletter

19/29

Investment News Page 1

TE-TEE LIGHT

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Asset Protection

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877-752-2742

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8/3/2019 Newsletter - October Newsletter

20/29

Page 20 MAREInet.com

Building a strong relationship with a new tenant andprotectingyour real estate investment is of para-mount importance whencrafting a lease agreement.There are a multitude of considerationsat this junc-ture that are essential to understand. As aseasonedlandlord and top expert on landlord-tenant relation-shipshere are my top tips for new landlords as ahelpful tool fornavigating lease creation and the on-going considerations ofmanaging a rental property.

How to Build a Strong Lease & Relationship withYourTenant

Build an airtight lease agreement by knowing thelaws that applyin your state through a state-specificlease. Each state hasslightly different laws that im-pact a landlord-tenantrelationship. Accordingly, usea state-specific lease instead of ageneral lease tobest protect your real estate investment. Forexam-ple, California requires all lease agreements to in-cludeclauses mandated by Megan's Law, and everystate has differentlimits on security deposits, late

fees, etc.

While not an exhaustive list, other elements a leaseagreementshould clearly define include: Who is re-sponsible for paying theutilities, which appliancesare included and who is responsible formaintainingthem, whether the lease auto-renews and for whatterm,details surrounding fees and deposits, andwhether is there anoption to purchase - and if sowhat are the terms?

Know your tenant by thoroughly screening each pro-spectiverenter to avoid problems down the road.

This can be accomplished by a few simple steps.First, conduct aprofessional credit check to learn anapplicants credit history andif they have been fis-cally responsible in the past. Bad credit canserve asa red flag and you may wish to avoid such tenants.

Next, ask for references from past landlords. How-ever, be onnotice that while references from priorlandlords are worth a quickphone call, they aren'tparticularly telling, because tenants cangive fakenames and numbers, and even if they don't, the old

landlord may well be painting a rosy picture of thetenant inorder to get rid of them.

What a landlord should verify are the rental appli-cants'credit, employment/income (and historicalstability), criminalbackground, and eviction his-tory. When landlords run these checks,not onlycan they determine the best rental applicant, butthelandlord can defend against any discriminatio

lawsuits by producing hard data used to chooseone rentalapplicant over another.

Devise a Moving In and Moving Out procedureand be sure it isclearly defined. One helpful tool a comprehensive walk-throughchecklist. Thisdocument will be used for the landlord/manager twalkthrough the rental unit with the tenant anddocument the conditionof the unit upon move-inand move-out.

Offer performance incentives: While most leaseagreements includea late fee, landlords can fur-ther incentivize timely rent byoffering a reward foearly rent payment, renewing for a longertermperiod, and/or any other behavior you want to en-courage.Rewards can range from the simple,such as rent discounts, to thecomplex, such aspoint systems where tenants earn points andex-change them for rebates, gift cards, updates to thrental unit,etc.

Establish a relationship with at least two goodcontractors.Landlords and property managersneed at the very least a licensedcontractor whocan handle large jobs, and an inexpensive handy

man who can affordably fix minor issues. Don'twait until yourtenants' heating system stops working in January, or the roofcollapses, as the timelost in trying to find a contractor by thattime willcost real money. Instead form these relationshipsbeforeyou actually need them, and then you willsimply be able to make aphone call and have theproblem resolved immediately.

(Continued on page 1

Top TipsFor New Landlords

8/3/2019 Newsletter - October Newsletter

21/29

Investment News Page 2

More Profits

More Information . . .

More Confidence

Tenant Screening

Pre Employment Screening

Contractor Screening

Collection Services

www.AAAScreening.com

816-436-0085

Discounts for MAREI Members

Do the math.Your vacancy is costing you every day.Fill yourvacancy faster and save moneywith Rentals.com!

Discounts for MAREI Members:

Receive 20% off all Regular

Priced Advertising. Log into

Members Area, click on Member

Discounts and look for MAREIsDiscount code!

Presentation is Everything!

Canyon-Stone.com

550 E. 56 Highway, Suite B

Olathe, KS, 66061

Phone: (913) 254-9300

Fax: (913) 254-9301

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Property Management

Rental Services

Kansas City Metro

www.JamiesonHomeTeam.com

Kevin Jamieson

816-503-4671

8/3/2019 Newsletter - October Newsletter

22/29

Page 22 MAREInet.com

C

ALEND

AR

Details,

Times,

Locatio

ns,

Cost&Registrationatwww.M

AREInet.com

Oct 1st Networking Independence / Blue Springs: Panera Bread

40 Hwy & 291 4pm to 6pm: Debra Felderho

Oct 2nd Networking Lees Summit: Panera Bread on Chipman

Road in Lees Summit: Debra Felderhoff

Oct 5th Networking Weekly Wednesdays: 103rd & State Line9

am to 11 am : Michelle Winberry

Oct 6th Training CESKC.com Creating Welath - 6pm-9pm,1

Credit PHP, 3 Hrs Realtor Contin. Ed

Oct 8th Networking Independence / Blue Springs: Panera Bread

40 Hwy & 291 4pm to 6pm: Debra Felderho

Oct 9th Networking Lees Summit: Panera Bread on Chipman

Road in Lees Summit: Debra Felderhoff

Oct 10th Deadline Deadline to Reserve a Vendor Table for

Tuesday Meeting by Noon

Oct 11th Monthly

Meeting

Monthly Meeting: Career Education Systems

South East side of Ward Parkway 6pm-9pm

Oct 12th Networking Weekly Wednesdays: 103rd & State Line9

am to 11 am : Michelle Winberry

Oct 12th Networking Commercial Sub Group: 103rd 7 State Line

5:30 to 7:30 : Larry Prato / Spencer Cullor

Oct 15th Networking Independence / Blue Springs: PaneraBread

40 Hwy & 291 4pm to 6pm: Debra Felderho

Oct 16th Networking Lees Summit: Panera Bread on Chipman

Road in Lees Summit: Debra Felderhoff

Oct 19th Education Crime Free: Fair Housing Seminar &Prem-

ise Liability Seminar www.KCCrimeFree.com

Oct 19th Networking Weekly Wednesdays: 103rd & State Line9

am to 11 am : Michelle Winberry

Oct 19th Deadline Last Day for Early Bird Pricing for theBuyLow, Rent Smart, Sell High Seminar

Oct 22nd Education Buy Low, Rent Smart, Sell High SeminarA

Day Training Workshop with Andy Heller

Oct 22nd Networking Independence / Blue Springs: PaneraBread

40 Hwy & 291 4pm to 6pm: Debra Felderho

8/3/2019 Newsletter - October Newsletter

23/29

Investment News Page 2

Larry Prato

Commercial Subgroup

Spencer Cullor

Commercial Subgroup

Oct 23rd Networking Lees Summit: Panera Bread on Chipman

Road in Lees Summit: Debra Felderhoff

Oct 24th Training CESKC.com 1031 Exchanges - 1pm4pm 1

PHP, 3 Hours Realtor C E

Oct 25th Training CESKC.com Commercial Leasing - 9am-

12pm1 Credit PHP, 3 Hrs Realtor Contin. Ed

Oct 25th Training CESKC.com Commercial Lawsuits - 1pm-

4pm 1 Credit PHP, 3 Hrs Realtor Contin. Ed

Oct 26th Networking Weekly Wednesdays: 103rd & State Line9

am to 11 am : Michelle Winberry

Oct 26th Networking Weekly Wednesdays: 103rd & State Line9

am to 11 am : Michelle Winberry

Oct 27th Training CESKC.com Credit Scores - 6pm-9pm 1

PHP, 3 Hours Realtor C E

Oct 29th Networking Independence / Blue Springs: PaneraBread

40 Hwy & 291 4pm to 6pm: Debra Felderhoff

Oct 30th Networking Lees Summit: Panera Bread on Chipman

Road in Lees Summit: Debra Felderhoff

Ne

twork

ing&

Educ

ation

Details,Times,Locations,Cost&Registration

atwww.MAREInet.com

Michelle Winberry

Weekly Wednesdays

Many thanks to our Volunteers

who sponsor a Networking. If

you need more networking and

interaction, please check out

the Networking Group on the

Calendar. First Networking

event is free and does not re-quire membership. After thatif

you want to continue as a part

of the subgroup, we request

that you become a member of

MAREI to gain more knowledge

and access all the tools and

benefits of membership

THANKYOU!

Debra Felderhoff

BS, LS, Indep Subgroup

8/3/2019 Newsletter - October Newsletter

24/29

Page 24 MAREInet.com

To register for an event, first you need to log in using theinstructions from page 4 of this guide, which as page 4 says,

lands you on the calendar of events.

Find the event you want to register for and click on it, in

this example, click on MAREI Monthly Meeting on the

14th. This lands you on the event page with the Mem-

ber Registration Button at the top.

Click on the member registration button.

And you end up with the registration op-

tions. Pick the one you want, which as a

member in this case would be the FREE

option using the drop down button, and click continue.

Continue clicking the Continue Buttons until you hit the

final screen below

Events

Register for

8/3/2019 Newsletter - October Newsletter

25/29

Investment News Page 2

Offered As Address City Price Bed/Bath Contact Phone

Leased 2 Houses Lake Ozarks $58,000 Danny Hammond816-985-4950

Turn Key 2 Houses South KCMo $76,00 varies Christoph Becker816-419-1165

Fixer N 47th & Georgia Kansas City KS $18,000 2/1 PaulRedmond 913-626-2967

Fixer 2904 E 35th St Kansas City, MO 5/1.5 Christoph Becker816-419-1165

Fixer Waldo Kansas City, MO 3/1 Maggie Sheehan

propertyloca-

[emailprotected]

Rental 4132 Agnes Kansas City, MO $15,000 2/1 Christoph Becker816-419-1165

Lease Option North of River 4/2 Laura Johnson 732-670-4940

Rehab 2327 NE 45th Place Kansas City, MO 3/1 Sue Robertson816-589-0975

Turn Key 2005 E 58th St Kansas City, MO $23,000 3/1 AdrianWilliams 816-616-2475

Fixer 701 E 70th St Kansas City, MO You Name 3/2 Bilal Hazziez816-686-4805

Rehab 3509 Lexington Kansas City, MO $22,000 5/6 Joseph Grimm913-489-9566

Turn Key 300 Kensington Kansas City, MO 25000 4/2.5 Joseph Grimm913-489-9566

Wholesale 2510 Myrtle KCMO $13,500 3/2 Christoph Becker

Wholesale 310 E 81st ST KCMO $48,000 2/1 JD Asbell913-583-1199

Wholesale 8701 N Troost KCMO $115,000 4/3 JD Asbell913-583-1199

Wholesale 8413 E 85th Tr Raytown $48,000 4/2 JD Asbell913-583-1199

Rehabbed 9436 Hakins Lenexa $85,000 2/1 JD Asbell913-583-1199

Wholesale 5500 College KCMo $17,500 3/1 Christoph Becker816-419-1165

Wholesale 5241 Olive KCMO $17,500 3/1 Christoph Becker816-419-1165

Wholesale 5161 Hardesty KCMO $14,500 3/1 Christoph Becker816-419-1165

Owner Fin Townhome Smithville Not priced 2 / 1.5 Rajeev Verma913-735-5234

Wholesale 2904 E 35th St KCMO 14,999 5/ 1.5 Joey Kramer816-510-4259

Renal 7411 Forest KCMO 39900 2/2 Scott Tucker, Realty Resource913-620-7934

Turn Key 8516 W 69th Tr Overland Park 119,900 3/1.5 Don Tuckerowner/ broker 913-208-3017

Fixer No address No city No price 3/2 Kevin Jamieson Reece &Nichols 816-686-2955

Rental 1811 S Cedar Independence No price NA Kevin JamiesonReece & Nichols 816-686-2955

See more details on each property in the Classifieds atwww.MAREInet.com.

8/3/2019 Newsletter - October Newsletter

26/29

Page 26 MAREInet.com

Welcome

Dean Bammer

Brandon Jackson

Amanda Palomba

Julie Schoemeht

Lisa & Mark Stang

Ray Stuck

Chris Zembrenski

Noelle Bear: Bonner Springs, KS

Carol Cutler: Kansas City, MO

Gregory Dorrel: Overland Park, KS

Jason & Angela George: Oak Grove, MO

Joseph Grimm: Bonner Springs, KS

Bill Loftus: Kansas City, MO

Rod & Karen Messier: Independence, MO

Lauren Norwood: Grandview MO Paula Swenson: Overland Park,KS

Eric Wayne: Pleasant Hill, MO

We would like to welcome the New Members andGuests from the pastmonth and to thank our Newand Returning Members for being a vitalpart of thisassociation!

New Members Guests

Glenn Davis: Lexington, SC

Johanna Koppen: Kansas City, MO

Mara Meade: Lees Summit, MO

Ariel Moore: Overland Park, KS

Marcus Painter: N Kansas City, MO

Ben Rao: Lees Summit, MO

Mike Reid: Shawnee, KS

Scott Shore: Independence, MO

Tim Stauffer: Kansas City, MO

Luke Weber: Olathe, KS

Roy Worley: Kansas City, MO

Returning Members

New Business

Premier Leasing: Lees Summit, MO

8/3/2019 Newsletter - October Newsletter

27/29

Investment News Page 2

On Demand Training

30 Minute Segments

Top Investor Trainers

From the Comfort of

Your own Internet Connection

$39.00 Training Courses

REO & Lease Option

Creative Financing

Automated Investments

Auctions & Foreclosures

Short Sales

Government Grant Money

www.MAREIU.com

Wireless Security Systems

Keypad, 3 doors, 1 motion,1 primary & 1 door siren

One time Charge of $99 plus tax

Includes installationRequires 36 month contract.

Monthly Monitoring Fee $39.99

Sell housetransfer to new owner

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DevconSecurity.com

Marian Collins: 913-907-4942

Gary Hartman: 913-991-1612

Recommended by Fortune Magazine!

On Saturday October 22nd, real estate expert Andy Heller willshow you why

TODAYS real estate market is the best time EVER for investors,and this win-

dow of opportunity will be open only so long. Learn how to useAndys Fortune

Magazine recommended strategy. Andy will show you how to buybank-owned

properties directly from banks and REO Agents for pennies on thedollar BE-

FORE the properties hit MLS, and how to cash in on todaysstrengthening

rental market with his Rent Smart lease/option program. Theworkshop will

include:

Why todays COOLING market is a

RED HOT opportunity for investor

Buying Low: Learn about the un-tapped fortunes with bank-ownedrealestate

What types of properties can you buyfrom banks

How to buy REOs BEFORE they arelisted on MLS

How the typical lease options mini-

mize, not maximize, an investors profit

How to make a fortune in real estateAND help your tenants at thesame time

How to sell for top dollar WITHOUTpaying real estatecommission

Achieve your REGULAR RICHES: Realestate fortunes for regularpeople . . . .without the hassles.

Free Copy for al

who register

Earlysee calen

dar on

MAREInet.com

8/3/2019 Newsletter - October Newsletter

28/29

INVESTOR

MEMBERSHIP

BUSINESS

MEMBERSHIP

informed MAREI

Professionals

targeted group

OfClients

From Motivation to How To Optimization of Your

MAREI members are above the

crowd. They enjoy a informative

newsletter, blog, and social me-

dia experience. They connect,

ask questions, and share oppor-

tunities through the MembersMessage Board. And they save

$100 using the many member

discounts.

MAREI sets the standard for real

estate investor networking and

education, drawing the type of

client you want to do business

with. Our meetings and online

presence gathers targets thequalified leads your business

needs. But there is only one way

to get in front of them . . become

a Business Member today!

$99.00 / year

Additional Member $50

$499.00 / year

Includes Advertising

See the Membership Benefits tab under Membership

on our web site at www.MAREInet.com for more

info and look for our orientation webinar on the

calendar of events.

See the Business Benefits tab under Membership on

our website at www.MAREInet.com for more info or

call the office at 913-815-0111 .

8/3/2019 Newsletter - October Newsletter

29/29

Mid-America Crime Free Inc.

Proudly Presents!

Date: 10/19/2011

Time: 7AM to 5PM

FAIR HOUSING & PREMISE

LIABILITY SEMINAR

Seminar Schedule

08:00-09:30 Registration / Buffet Breakfast

(Fresh Fruit, Pastries, Eggs, Biscuits & Gravy)

09:30-11:45 Fair Housing w/ Robert J Wise

11:55-12:30 Foreclosure Issues w/ Wise & Anderson

12:30-1:30 Buffet Lunch

(Beef Brisket & Blackened Chicken)

01:30-02:30 Premise Liability w/ Julie Anderson

02:30-02:45 Afternoon Break (refreshments)

02:45-03:15 Bed Bugs w/ Det. Todd Butler

03:15-03:25 Break (refreshments)

03:25-05:00 Physical Security / Lighting Issues w/

P.O. Mike Betton

05:00 Seminar Concludes

This is YOUR chance to learn and discuss all the aspects of FAIRHOUSING in anOPEN FORUM with landlord/eviction ATTORNEYS Robert J.Wise and Juli Anderson.

Also DISUCSS the ever changing ideas that surround PREMISELIABILITY with AT-

TORNEY Julie Anderson. We also will have a presentation on theBED BUG infesta-

tion with Detective Todd Butler and then wrap it all up withupdated information on

PHYSICAL SECURITY with P.O. Mike Betten. All of this greatinformation, breakfast

and lunch for one GREAT PRICE of $99.00. Dont miss out on thisgreat SINGLE

DAY SEMINAR.

Location:

Holiday Inn Kansas City

CoCo Key Water Resort

9103 East 39th Street

Mid-America Crime Free Inc.

Metro Patrol Division

7601 Prospect Ave

Kansas City, Mo 64130

To Register Go Online to

www.kcCrimeFree.com

If you have any questions please contact

P O Aaron McKie at 816 581 0723 or aaron mckie@kcpd org