Newsletter - December 2009

Investment News www.MAREInet.com

November 2009

Professional Housing Provider A Designation Program Professional Housing Provider or PHP Benefits:

PHP Mission: ENABLE . . . Members to expand their education and knowledge via courses as valuable tools to attain successful goals and present a professional image to the public and government.

PROFESSIONALISM – This level of high esteem for Graduates is perceived by peers, the local media and local government officials.

What is PHP? MAREI’s PHP designation is an education based certification program designed to recognize the high level of knowledge and professionalism among the designation holder. It is sponsored and overseen by the National Real Estate Investor's Association. (National REIA) Why obtain PHP designation? Only persons completing the educational requirements will be permitted to hold themselves out to the public as a National Professional Housing Provider. The designee will be recognized in the form of an award certificate and the right to use the designation, and should recognize that having a basic education in the topics outlined will increase his or her ability to reach their goals in real estate investing. Further, as MAREI & National REIA works to make the PHP designation more recognizable, it is hoped that the PHP holders will have an advantage in dealing with legal and governmental bodies when a "my word against his" situation occurs. It will also aid in encouraging legislators to think of educated investors as a larger group for political action. Other tangible benefits, including discounts on courses and educational materials, may be added as the program develops.

ACCREDIDATION – Graduates qualify to use the National REIA PHP title and/or initials on their business cards, for rent signs, name badges, etc. AWARDS - Personal award lapel pin/ certificate awarded to each graduate. NATIONAL GRADUATION - National REIA honors graduates with a graduation and sessions at the Mid Year Investor Real Estate Conference. LOCAL GRADUAITION – MAREI honors graduations yearly in December meeting. NATIONAL PHP – Graduates from states with identical programs automatically qualify for the National Professional Housing Provider Award. Courses & Topics The course of study will be divided into 43 clock hours of core topics and 17 hours of elective topics for a total of 60 hours of formal education. Course topics on page 10. Credit hours will be obtained through local association meetings and seminars and through approved courses taught outside of the association. More Information, continued on Page 8.

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Why are EDUCATED Real Estate Investors More PROFITABLE? Because in today’s ever changing markets, there is no room for mistakes by the uneducated.

MAREI Mid-America Association of Real Estate Investors (MAREI) is one of the largest real estate investor associations in the mid-west. MAREI members consist of full and part-time investors, beginning investors, real estate brokers and agents, attorneys, contractors, accountants, property managers, renovation specialists, appraisers, bankers - people who want to enjoy the many benefits of real estate investing. MAREI was established in 2003 and promotes networking and educational opportunities to its membership.

PUMP UP your investments and follow the tried and true practices of the successful. Mid-America Association of Real Estate Investors (MAREI), has been offering educational opportunities for Real Estate Investors since 2003       

Educational Speakers Low Cost Workshops & Seminars FREE Tele-seminars & Webinars Downloadable E-Books & Articles Live Networking Opportunities Online Networking Opportunities Discounted Training Programs from National Trainers Take a step toward YOUR future, And Financial Freedom. The Time is NOW! Visit www.MAREInet.com Call (816) 523-4400 JOIN TODAY GET INVOLVED

MAREI services members in Kansas, Missouri and Nebraska. MISSION STATEMENT To provide education, discussion and networking opportunities to help real estate entrepreneurs & investors reach their financial goals using sound, honest business practices. PO BOX 8685 Prairie Village, KS 66208 Phone: 816-523-4400 Fax: 816-523-4448 www.MAREInet.com [email protected] INVESTMENT NEWS © 2009 by MidAmerica Association of Real Estate Investors (MAREI), a Real Estate Trade Association. Published monthly by MAREI and included as benefit for our members. Quotations and reprints are permitted with full credit given to author, plus “The Investment News: Newsletter of Mid-America Association of Real Estate Investors.” The information contained herein is believed to be accurate; however, it is not guaranteed or warranted in any manner and is subject to change without notice. Writers’ and speakers’ opinions are not necessarily those of MAREI. You are advised to seek professional advice.

Member National REIA

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CHANGES COMING . . . . The last half of 2008 and all of 2009 has been a very tough year for real estate and investors. From the stock market crash in October of 2008, to the record number of foreclosures, to banks not lending to anyone - especially investors, and many people having trouble staying employed, our Membership has had a rough time. We have seen many of our members drop out of real estate investing or related business in record numbers and that means our membership has declined. With a decline in membership, we have seen a decline in revenue. We have taken steps to cut back on expenses and keep MAREI running at the same high level of service with out changing our membership fee structure. Going into 2010 we are going to be taking even more steps. First, the biggest change that our members will notice is that we are moving our meeting locations. We are moving our meeting location from the Overland Park Marriott to the Sylvester Powell JR Community Center just off of Johnson Drive and Nall in Mission. This move will allow us to let vendors sponsor a meeting with food or drink of their choice. It should also allow us the funds to add a meeting once a quarter to in the northland and in eastern Jackson County. And save us a considerable amount in rental fees. Second, we are going to transition from Constant Contact that we have been using for email notifications to sending emails out through the website and Facebook. So if you don’t like clutter in your email, you can join our group on Facebook and unsubscribe from the emails. Just be sure to check your messages on Facebook. All events and

Third, we are implementing a new designation program. Several years ago National REIA of which MAREI is a part, adapted the Professional Housing Provider (PHP) designation program started by Ohio REIA. As you read through this newsletter you will find the details on this program. You see real estate investors and agents rank right up there with use car sales people in the publics perception of good people. By first being part of MAREI a trade association, you present yourself to the public as a professional person. When you take the second step to acquire training in your profession and earn a designation, you take a step up and become more professional. By presenting a united professional group of associated real estate investors in the Kansas City Market through MAREI and across the country through National REIA, we hope to raise the public’s perception of the Real Estate Investor. We also hope to use our professionalism to influence new and existing laws as law makers work to legislate our business. As Realtors have their local Boards of Realtors and National REIA, Investors have their local REIA’s like MAREI and National REIA in their corner helping bringing them benefits, training, and working on their behalf with legislators at the local and national level. We hope that these changes will allow MAREI to continue to serve you for many years to come.

CODE OF ETHICS

MAREI Online Message Board Have you visited and subscribed to the Online Message Board? Go to MAREInet.com -> Online Networking Forum - -> Log In, then surf the different forums and Subscribe/Send Emails to have the conversations in that forum sent to your email inbox! Don’t miss out on the unlimited knowledge our collective members have to offer in this forum. New Investors please ask questions. Experienced Investors share your knowledge, it may just bring another great deal your way. Post your requests for referral, extra leads, news you pick up. Remember MAREI is a networking trade association for Real Estate Investors and the Online Networking Forum is one of our best tools to reach out to each other.

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announcements will be posted and sent out through our Facebook Group (not our Page).

MAREI members are expected to be civic minded and willing to operate with high standards of honesty and integrity. It is our duty to conduct ourselves with the highest principles of the free enterprise system. We strive for MAREI to be synonymous with competence and fairness. As MAREI members, we hereby bind ourselves to this code of ethics: 1. 2. 3. 4. 5.

We shall not discriminate against any person with regard to race, color, religion, age, national origin, sex, handicap or familial status as defined by current Kansas, Missouri, or Nebraska law. We shall recognize that real estate is a service related industry. We shall refrain from engaging in any illegal practices, or defrauding any member, customer, or association, with the aim of always conducting business in a professional manner. We shall endeavor to stay informed and updated on matters affecting housing in our communities, and adhere to local, state and federal laws. We are individually responsible for our own due diligence and continuing education. Members are expected to verify any and all assumptions regarding business decisions to prevent falling victim to fraud, misrepresentations and illegal practices.

Further, if any allegations of conduct considered detrimental to the purposes and interest of MAREI are received in written and signed communication to the management, we will consider the matter. Should a decision to take further action be made, a furnished copy of said allegation (s) to the accused, who shall be given adequate time to reply. Thereafter, management shall take such further action as it may deem property and in accordance to this code of ethics.

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MAREI & Harvester’s Virtual Food Drive Give Food: Food drives are an important source of nutritious food for those in need.

While some families are planning their holiday feasts, one in seven households in both Missouri and Kansas may not know where their next meal is coming from. The U.S. Department of Agriculture reports that 49 million Americans lived in food insecure households in 2008, an increase of 36 percent from the previous year. These national numbers correspond to what Harvesters is experiencing in our communities. During the 12 months ending last June, the number of requests for food assistance increased 38 percent from the previous year. The U.S.D.A. also reports that 17 million children, or one in four, were living in homes without dependable access to sufficient amounts of nutritious food. Harvesters feeds more than 60,000 people each week, and 43 percent of them are children. Based on the U.S.D.A. data, Missouri ranks 8th in the nation in the number of food insecure households, and Kansas ranks 6th. This year more than ever, Harvesters needs the community's support to give food and hope to the growing number of families in our community who are at risk of not having food on their tables this holiday season. How you can help: Give Money: With each $1 donated, Harvesters can provide five meals. Donate at your local grocery store through CheckOut Hunger. Look for $1, $5 and $10 Check-Out Hunger coupons at the cash registers of 130 local grocery stores. Make an online donation. We need your support to feed more than 60,000 people each week. Please make a gift online. Donations in honor of family and friends can be made as holiday gifts. Purchase holiday cards. Harvesters holiday cards are available individually or in packages of 25. Harvesters will personalize, address and mail honor cards. Orders for hand-addressed cards must be received by December 4. Stuff those stockings with Forks & Corks tickets and save. Tickets for Harvesters' 2010 Forks & Corks food and wine tasting event on April 29, 2010, are available at the discounted price of $75 through December 31. Purchase four Forks & Corks tickets before January 1 and be entered into a drawing for two tickets to Harvesters' 2010 Chefs Classic at The American Restaurant, a $500 value.

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Donate non-perishable food at area grocery stores. Harvesters' most-needed items are canned fruits and vegetables, soups, peanut butter, boxed meals and cereal. Additional food drop-off locations can be found at businesses and organizations throughout the community. Host a food drive to collect non-perishable items at your school, business, neighborhood or place of worship. Harvesters will provide flyers and bags or boxes. Download our Food Drive Toolkit with helpful hints to make your food drive for Harvesters a success. Give Time: Harvesters relies on 3,300 volunteers a month to sort and repackage donated food. Volunteer at Harvesters. Harvesters needs volunteers on Monday through Saturday, from 8:30 a.m. to noon and 1:00 to 4:00 p.m. to sort and repackage food. Sign up online to bring your class, co-workers or family. Provide Project STRENGTH bags. Your work, civic or neighborhood group can help provide 2010,000 pound bags of seasonal food items to participants of Harvesters' Project STRENGTH nutrition education classes. Your group collects food items and as8333 sembles the bags at your location. Learn More about Harvesters online at www.Harvesters.org

6667

Virtual Food Drive 5000

MAREI’s Goal is 10,000 Meals That’s $2,000

3333

That’s Roughly $5 per member Go to Marei.Harvesters.org/

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Donate Now At the time of printing We are at 425 meals!

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PHP More Information Goals MAREI is dedicated to making this program a success. It is understood that the program will evolve as time goes on, and that time will pass before the public at large to recognize the value of this education. National REIA & MAREI believe the concept of creating educated investors is important in the fight to make our industry a respected one. We also believe that the ability to present ourselves as dedicated, educated professionals will aid in the political action to which we are committed. While this education is already the mission of our association, we hope that a statewide/nationwide designation will further this goal by making legislators, regulators, and the public at large recognize that we are not simply “landlords” and “investors” but informed business persons who make an ongoing contribution to our communities. Keeping Track of Hours/Credits - Paperwork It is the responsibility of the individual candidate to keep track of his/her own attendance certificates. At PHP events provided by MAREI, candidate will pre-register online, check in at the beginning of the meeting, and collect certificate at the end of the event. At events outside of MAREI, candidate will collect attendance certificate or letter of attendance from the speaker, then provide a copy to MAREI for their records. MAREI will maintain a registration for PHP certified meetings on the calendar and hand out attendance forms at the end of each event. MAREI will also keep a back up record of hours and credits from MAREI events and outside events. How Will I Obtain Credit Hours? The hours may be obtained through local association meetings and seminars, or through accredited courses taught outside of the local association. All outside courses and seminars must meet the following requirements: they must be taught live; they must be pre-approved by the PHP committee, and they must provide a certificate of attendance acceptable to MAREI. Attendance In order to receive credit for any meeting, the candidate must be in attendance for 100% of the meeting. NO credit will be given for partial attendance. Candidates must sign in (or verify attendance), and pick up the PHP attendance form at the end of the meeting. Remember that Attendance means in the room at the presentation, not in the hall networking. It is suggested to keep the Master Record Sheet on Page 9 & 10 in a file and add attendance certificates to the file.

complete 20 hours of PHP approved continuing education every two years in order to maintain the designation. These hours are elective and may be used by the designee to continue his or her education as they see fit. Many state, local, & national REIA classes, conventions, conferences, workshops, and events are already certified.

Re-certification and Reinstatement PHP Graduates who drop their membership and/or certification can re-certify with 20 additional credit hours within 2 yrs. Renew membership and take 20 hours of PHP continuing education Assigning Credit Generally, monthly meetings will be accredited for 1 hour of education in a single category for elective or continuing education. Some meetings may not be credited at all – for instance, when we have a networking or vendor night. When the meeting meets requirements for a required class, this will be noted on the publication of the meeting. Other training events on evenings and week ends will also include course credit value and if it meets required or elective states. And when there are training events offered by outside groups or vendors that meet requirements, these will be on the calendar of events. Outside Courses Candidates can receive credit for educational opportunities held outside of MAREI, if the course or seminar outline has been pre -approved by the MAREI’s PHP Committee. Attending meetings of other local associations participating in the NaPHP program will be accredited automatically; however, the candidate will need to obtain the entire attendance form and return a copy to MAREI’sPHP liaison. Attendance to the yearly National REIA conference will automatically count for 2 hours elective credit, and certain sessions within the conference will be credited for additional hours. No college courses and professional education (for realtors, appraisers, home inspectors, contractors, etc.) will automatically carry PHP credit; however, they may qualify but must be preapproved by the MAREI PHP Committee. If you offer courses that you think would fit into our PHP program and would like to designate it for required or elective course credits, please email course outline and details to [email protected].

Past Graduates - How do I keep my designation? Once the PHP designation has been obtained, designees must

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MASTER RECORD SHEET Required Core Classes PHP Candidate: ___________________ Please fill in speaker’s name, date and number of credits Appraisal 2 hours ___________________ ___________________ ___________________

Contract Law 3 hours ___________________ ___________________ ___________________

Ethics 2 hour ___________________ ___________________ ___________________

Fair housing law 2 hours ___________________ ___________________ ___________________

Finance 6 hours ___________________ ___________________ ___________________

Inspections 2 hrs ___________________ ___________________ ___________________

Insurance Property 1 hr ___________________ ___________________ ___________________

Insurance Worker's comp 1 hr ___________________ ___________________ ___________________

Insurance Liability 1hr ___________________ ___________________ ___________________

Landlord/Tenant Law 2 hrs ___________________ ___________________ ___________________

Management 4 hours ___________________ ___________________ ___________________

Marketing 2 hrs ___________________ ___________________ ___________________

Negotiation 3 hrs ___________________ ___________________ ___________________

Purchasing 2 hours ___________________ ___________________ ___________________

Rehab-Classroom 2 hrs ___________________ ___________________ ___________________

Rehab Hands-On 2hrs ___________________ ___________________ ___________________

Regs - EPA 1 hour ___________________ ___________________ ___________________

Regs - Federal 1 hour ___________________ ___________________ ___________________

Regs - Local: 2 hours ___________________ ___________________ ___________________

Tax Law-Income: 1 hr ___________________ ___________________ ___________________

Tax Law-Other: 1 hour ___________________ ___________________ ___________________

The remaining 17 hours may include further education in any or all of the above topics, as selected by the PHP candidate. __________________________ PHP Liaison Signature

__________________ Contact #

_________________ Date

Mid-America Association of Real Estate Investors

MASTER RECORD SHEET: Elective / CE PHP Candidate: ___________________ Please fill in speaker’s name, date and number of credits Electives 17 hours / Post Graduates, 20 hours CE in 2 years ___________________ ___________________ ___________________

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The remaining 17 hours may include further education in any or all of the above topics, as selected by the PHP candidate. __________________________ PHP Liaison Signature

__________________ Contact #

_________________ Date

Mid-America Association of Real Estate Investors

MAREI PHP CERTIFICATE This certifies that ________________________ has attended the meeting held on _____________. ____________ presented for credit of ________ hour(s) of _______ ______________________ MAREI PHP Representative

PHP Instructor Certification Request Name of Instructor: ___________________________________________

Date _________, 200_______

Address: ________________________________________ City: __________________ State: ________ Zip: __________ Phone: _________________________________

Email: ___________________________________

Instructor Profession: ______________________________________________________________________ Desired subject(s) to teach & hours on each: ___________________________________________________ Biography : ( attach separate sheet) ________________________________________________________ Teaching/Instructional Experience: __________________________________________________________ Can you also provide an outline of a subject to teach? Y/N Could you teach outside your local area or assoc, to other groups or associations? EACH COURSE 1 PAGE OUTLINE NEEDS TO INCLUDE (Handwritten or typed)

   

Number of hours instructor can provide Introduction Subjects to cover Handout of outline for attendees.

Each instructor will be responsible to sign off a completions form for each attendee at each event, by having attendees fill in the form provided by instructor as a group, indicating subject, PHP classification of subject, instructor, and number of hours credited. X_________________________________ _____________ MAREI PHP approval Date

X____________________________ _____________ National PHP approval Date

Mid-America Association of Real Estate Investors [email protected] / fax 816-523-4400

PHP Required Course Outline Topic

Required Hours

Course Description

Appraisal

2 Hours

Includes formal appraisal methods (cost, income, & replacement), Pace instruction, how to compare properties, etc.

Contract Law

3 Hours

Including basic contract law; using contracts and clauses to protect yourself; developing contracts such as leases, options, purchase contracts, etc. for the real estate investment business.

Ethics

2 Hours

Including enacting and actual use of, national, state, local, and personal business ethics statements, policies and practices featuring Ethics and Your Bottom line presentation from Ray Nichols from REIA of Greater Cincinati

Fair Housing Law

2 Hours

Including federal, state, and local fair housing regulations.

Finance: Owner Occupant

2 Hours

Including conventional financing, FHA/VA financing, owner financing, lease option, home buyer programs, and other programs for owners.

Finance: Investors

2 Hours

Including conventional financing, Hard Money Loans, Non-Recource Loans, Owner Financing, Subject To, and other programs for investors

Finance: Advanced

2 Hours

Including Private Lending, Syndication, REITS, SBA Loans, and Unsecured Lines of Credit, and Self Directed IRAs.

Inspections

2 Hours

Including pre and post purchase inspections, and pre and post move-out inspections of properties held.

Insurance: Property

1 Hour

Including what type of property insurance is appropriate for investment property; negotiating for the best rates, and renters insurance.

Insurance: Worker Comp

1 Hour

Including when, why and for whom to carry worker's compensation insurance. Hiring Contractors and your liability.

Insurance: Liability

1 Hour

Including why and how much for your properties, your place of business, for your auto and more.

Landlord Tenant Law

2 Hours

Including Landlord & tenants’ responsibilities, evictions etc. 1 hour for class for Kansas, 1 hour class for Missouri.

Management: Houses

2 Hours

Including records to keep on all houses, bookkeeping issues, adding technology & employees, maximizing cash flow, etc.

Management: Tenants

2 Hours

Including record keeping for tenants, repairs and maintenance, paperwork. Protection files and personal information.

Marketing

2 Hours

Including how to market properties for sale and for rent; how to market buying services, etc.

Negotiation

3 Hours

Including negotiating with sellers, buyers, renters, contractors and vendors, banks, etc.

Rehab: Classroom

2 Hours

Including estimation of repairs, ranking of repairs in importance, hiring contractors, and the schedule.

Rehab: Hands-on

2 Hours

Including actual tour of homes, hands-on estimate of repairs, and review of actual house in progress.

Regulations: EPA

1 Hour

Including regulations affecting real estate investment such as lead paint regulations, wetlands regulations, underground storage tank regulations, Environmental Quality Zone regulations, etc.

Regulations: Federal

1 Hour

Including regulations affecting real estate investment other than tax laws, fair housing laws, and EPA regulations.

Regulations: Local

2 Hours

Including local zoning and building codes, & licensing

Tax Law: Income

1 Hour

Including hiring a CPA, calculating and minimizing taxes, and tax laws as they affect the real estate investor.

Tax Law: Other

1 Hour

Including property taxes, 1031 tax deferred trades, etc

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PHP Elective / Continuing Ed Course Outline Topic

Required Hours

Course Description

Finance: Private Lending

1-2 Hours

Including what is private lending, why use it, documents to protect your lender, and how to find private lenders.

Finance: Subject 2

1-2 Hours

Including what is buying subject to the existing financing, how to find sellers, due diligence, and structuring the deal.

Finance: Lease to Own

1-2 Hours

Including what is lease to own, selling homes lease to own, due diligence, structuring the deal, what happens if it doesn’t work out, and sandwich leases.

Inspections

1-2 Hours

Includes a hands on walk through at a real live inspection. Problems and cures to be pointed out, things to watch for, etc.

Management: Bookkeeping

1-2 Hours

This is an introduction to bookkeeping utilizing Quickbooks Pro, with step by step on how to set up accounts and get started.

Marketing: Finding Motivated Sellers

1-2 Hours

What is a motivated seller, how you find them, building vs buying lists, and direct mail.

Marketing: Internet

1-2 Hours

Marketing your properties / services on the internet. Including web site basics, syndication tools, search engine optimization.

Marketing: Social Networking

1-2 Hours

Marketing using blogs, Wordpress, Facebook, Twitter, YouTube and other social media outlets.

Marketing: Tenants

1-2 Hours

When marketing your rental units you need to have a brilliant marketing, excellent phone presentation, and a well maintained property that shows well. Featuring Getting them in the Door presentation from Rebecca McLean with National REIA

Negotiation: REO

1-2 Hours

What is an REO property, where to locate properties, how to make an offer, and negotiation techniques.

Negotiation: Short Sales

1-2 Hours

What is a Short Sale, how does a short sale affect credit, the initial offer package, and negotiation techniques.

Negotiation: Tenant Screening

1-2 Hours

Covering the Tenant Application, Screening Services, Credit Reports, application fees, and other due diligence

Strategies: Apartment Houses

1-2 Hours

Covering the basics of cash flow, proforma vs actual numbers, NOI, ROI, Cash on Cash Return.

Strategies: Commercial

1-2 Hours

Covering the basics of commercial, lease options, zoning changes, highest and best use, property values.

Strategies: Internet Investing

1-2 Hours

Stop working face to face and do it all on the internet. Find sellers and buyers and wholesale the deal right from home.

Strategies: Land Trusts

1-2 Hours

What are the different types of trust, why land trusts, beneficiary vs trustee , 3rd party management and more.

Strategies: Mobile Homes

1-2 Hours

Learn the buy low and sell high strategies of mobile home investing. Owner financing, working with parks, and taking the property back.

Strategies: Note Buying

1-2 Hours

What is note buying. How to originate a note and sell it. Finding notes to buy and resell, and short selling notes.

Strategies: Section 8

1-2 Hours

What is Section 8, why you should considerer it. Landlord and tenant responsibilities, leases and inspections, and getting paid.

Strategies: Self Storage

1-2 Hours

Self Storage investing as a business. Types of units, the best investments, additional income streams.

Strategies: Wholesaling

1-2 Hours

Includes building your buyers list, finding the best deals, marketing to end buyer, deal structuring.

Tax Law: Self Directed IRAs

1-2 Hours

What is a self directed IRA, how can you benefit tax wise, what can you do with one, and how do you get started.

Tax Law: 1031 Exchange

1-2 Hours

Includes history of 1031 Exchange, Rules and Regulations, and the structure of a 1031 Exchange.

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Membership Application / Renewal CONTACT INFORMATION

Date:

NAME #1:

NAME #2:

COMPANY NAME: _________________________________________________________________________________ CITY: ________________________

ADDRESS: OFFICE PHONE: ______________________

FAX: _____________________

STATE: __________ ZIP: ______________

EMAIL #2: _________________________________ EMAIL #1: (need a good email address for each member to send your web site passwords) PAYMENT INFORMATION Select type of membership: ( ) Standard / $99 ( ) Business / $499 ( ) Add a 2nd Person $50 Pay as you go: ( ) For one, $19 start up, $10 a month ( ) Add a 2nd Person $5 start up, $5 a month With pay as you go you will be charged the start up fee with your first month and then the monthly fee on the 5th of the month each month thereafter. Please make checks payable to MAREI

(

)

Check Payment

Check # _______

( ) MC ( ) Visa ( ) Discover ( ) Am EX

Expiration Date: _________

Credit Card #: Billing Address: ________________________________________________________________________________ Of Credit Card PROFESSIONAL INTEREST How did you hear about our association? __________________________________________________ Application for MAREI membership shall in no way be considered or deemed to be providing investment or financial advice and all applicants agree to waive any and all claims against this organization. In no event shall the applicant seek to hold the organization, it’s officers, or directors liable; either directly, or as a principle or agent of any other member organization. Applicant releases any and all claims it my presently have or may have in the future. Memberships are not transferable or assignable. We reserve the right to refuse or cancel Membership. If cancelled a Pro-rated refund for unused portion of membership will be returned. MEMBERSHIP IS FOR ONE YEAR FROM THE DATE OF APPLICATION.

Applicant #1 Signature: ______________________________ Date: ____________ Applicant #2 Signature: ______________________________ Date: ____________ Please mail completed forms & payment to: MAREI (attention membership) PO Box 8685 Prairie Village, KS 66208 Or fax to 816-523-4448 Or Join Online on our secure server at www.MAREInet.com

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For Office Use Membership Packet ______ Web Site ______ Quick Books ______ Name Tag ______ 09.09.09

www.MAREInet.com

WEBINARS THIS MONTH Turing Bankruptcies Into Gold Discover a Real Estate Niche within Bankruptcies where: There is little to no competition. Homeowners welcome and need real estate investors. Potential Profit is High Guest Speakers: Mark Klee & Caryn McKinney of the Post Bankruptcy Report Only 200 seats available per time slot Register: Wednesday December 9th at 8pm EST Go to the calendar of events online to register

On the Message Board As we post new blogs, add new items to the web site, or have important information on rules and regulations we will be posting in the general section of the MAREI Message Board.

We have shared notices of webinars and tele seminars that are coming or available for replay

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We have posted several Teleseminar Replays from Kris Kirschner on putting your business on autopilot, David Lindahl on apartment housing investing, and Clint Coons on paying less in taxes.

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Replays available in the member area with Andy Heller on buying REO’s and Albert Aiello on tax savings in your life, family, and business.

Recently we have added several new files to the library:

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Brochure on Fair Housing which all landlords and home sellers need to review to make sure they stay in compliance. Profile of Buyers and Sellers in 2009 from National Association of Realtors, what we all need to review!

There are several governmental regulation issues we have posted.

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There is a new issue for the November 2, 2010 Ballot in Missouri regarding transfer taxes, if you buy and sell in Missouri, you need to be aware of this issue. Fannie Mae is planning on adopting a selling rule similar to HUD. When HUD has a home for sale, only an owner occupant can purchase in the first 10 days. Fannie is taking it a step further to 15 days. Details on the new short sale guidelines from the Treasury department.

www.MAREInet.com

There are several money saving or making items:

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Information on marketing tools from Lowes that have been set up as a benefit for Realtors, but landlords and home sellers could utilize them as well.

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Career Education Systems (www.ceskc.com) is offering 1/2 price Broker Class, save a pile of money, become more professional and become your own broker .

And we have some potential seller leads in outlying areas:

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A few seller leads in St Joe and Marshall MO.

To access, go to www.MAREInet.com, look for “MAREI Message Board” under the member resources tab. Log in to subscribe and have posts come to your email and to become active on the board.

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Member Benefits General Meetings: Members attend General Meetings for not additional costs Workshops: Discounted pricing for members on all workshops Professional Housing Provider: Professional designation Library: Log in to access 100’s of articles, ebooks, and documents. Classifieds: Post your properties for sale or Rent, things for sale, job openings Newsletter Archives: All of our newsletters, The Investment News, are archived in our library. General Meeting Archives: General Meetings are recorded back to 2007. Kinko's Discount: Discount card for 20% off regular priced prints. Bandit Signs: 25 Free Bandit Signs, you pay shipping. Vista Print: 30 to 75% coupons off print jobs or 250 business cards FREE. FREE Trial Web Site: Test out a free web site for 10 days. FREE Trial Web Site: Test out a free web site for 10 days. Constant Contact: FREE 60 Day Trial Go to Meeting / Webinar: FREE Trial & $10 off Apartment Moves / Smart Moves: FREE copies for your clients Avis & Budget & Enterprise Rent-A-Car: Car rental discounts CybrCollect: FREE check collection. Dearborn Publishing & Nolo Press: Discounts up to 40% off. Rentals.com: Twenty percent discount on regular advertising prices. REIARentals.com: Advertise your rentals & syndicate for FREE

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www.MAREInet.com

Member Benefits First Advantage Safe Rent: Discounts on tenant screening.

The Home Depot: 2% biannual rebate program and volume discount pricing. Humana One: Offering health insurance for self employed. Office Max: Discounts of up to 65% off retail prices with card or special web site. Sherwin Williams: Discount card for national contractor account. Discounts from 20 to 60%. Solveras Payment Systems: Discounted automatic check transfer services. Trak-1 Technology: Discounts on background checks. Lead Paint Disclosures: Find these in our library to stay in compliance with the EPA. Legislative Updates: Log into access legislative updates in the library from National REIA. Landlord Tenant: Copies of the landlord tenant law for Kansas & Missouri. 8 Day Carnival Cruise: Trade Association cruise annually. National Speakers: For top training and DISCOUNTS and BONUSES on their training materials. Networking: Many opportunities to network with others in the industry. FREE Membership: Refer 10 people who join and receive ten $10 credits to use for your next renewal.

Do you offer a great discounts our members could use? Please contact us for local discounts and if you have a national discount, we can put you in touch with National REIA.

Membership Pricing  

Standard Membership: $99 for one person Add Additional Person: $50 per person

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Business Membership: $499 for up to two people includes ad in newsletter, listing on vendor page, and a benefit listed on this page.

www.MAREInet.com

or $19 for 1st month and $10 a monthly for pay as you go or $5 for 1st month and $5 a month for pay as you go

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Mid-America Association of Real Estate Investors Presents:

6th Annual Holiday Networking Party An Evening of Networking

Tuesday December 8th, 2009 5:30 to 8:00 Fox & Hound Pub & Grill 103rd & Metcalf

2010 Meetings We are relocating to the Sylvester Powell Jr, Community Center in Mission KS. Please watch for the January newsletter for more information.

Stop by early or late Or Come for the full evening No Charge except for Food & Drink Members & Guests Welcome Calendar MAREI’s office’s will be closed most of the month of December. You will be able to reach us via email at [email protected]. Newsletter will be published and sent out on the 3rd. Subgroups, be sure to check with the leaders of the subgroups as they may or may not be meeting in December. We look forward to starting back up in January. Virtual Food Drive in conjunction with Harvesters from December 1st to December 23rd. Next Meeting, January 12th, 2010 Please watch your email for online events and the December Newsletter. Please see the Calendar of Events at www.MAREInet.com for complete details online. Look for “Kansas City Real Estate Investors” on Facebook, Linked In, and Meetup to receive event updates in your inbox.

Invite a Friend to Attend Do you have friends, family, and business associates who would benefit by becoming a member either through the networking, the education, or one of the many discounts we have to offer. Invite them to their very first meeting as your guest for FREE. Give them this coupon from the newsletter (or maybe the whole newsletter). They bring the coupon to the door and fill out a guest registration form and enter their first meeting for free. If they have attended before, they can preregister online for $15, or cost at the door will be $25. Guest Name: _____________________________________ Referred By: _____________________________________ You receive $10 MAREI Credits to be used for membership & events.