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All Networking - Official Program

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THE OFFICIAL NETWORKING PROGRAM FOR MID-AMERICA ASSOCIATINO OF REAL ESTATE INVESTORS
Transcript
Page 1: All Networking - Official Program

ALL-STARTHE OFFICIAL NETWORKING PROGRAM FOR MID-AMERICA ASSOCIATINO OF REAL ESTATE INVESTORS

NETWORKING2 0 1 6

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SUPPORTINGHARVESTERS

EVERY DOLLAR DONATED PROVIDES 3 MEALS

DONATE TODAY AT HARVESTERS.ORG

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CONTENTSMAREI INFORMATION

ARTICLES

#MAREIALLSTARS

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NETWORKING

COMMUNITYEDUCATION

CONNECT WITH AREAPROFESSIONALS

SUPPORTING THE LOCALCOMMUNITY

FOR NEW ANDEXPERIENCED INVESTORS

ADVOCACYPROTECTING YOUR INTEREST

ALL STAR NET WORKING TO BENEFITHARVESTERS

MAREI IS A CHAPTER OF NATIONAL REIA

MAREI'S CALENDAR OF EVENTS

MAREI'S BUSINESS DIRECTORY

BOTH LIVE AT OUR MEETINGSAND EVENTS AS WELL AS ONOUR SOCIAL MEDIA

tHROUGH OUR ANNUAL EVENTSFOR HARVESTERS AND TOYSFOR TOTS

aT OUR MEETINGS,IN OURWORKSHOPS AND WEBINARS

KCRAR & HARTLAND MLS MAY 2016MARKET STATISTICS

VACANT PROPERTY TIPS

REAL ESTATE HYPNOSIS

SUPPORT HR 5301

HOW TO TAKE ACTION

AT THE LOCAL, STATE AND NATIONAL LEVELS

SUPPORTING HARVESTERS

MAREI'S #ALLSTARCOACHES

MAREI'S #ALLSTARSPONSORS

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2ND ANNUAL

ALL STARNETWORKINGby Kim TuckerMAREI Founder

POSTMODERNPAINTING. Stella

alternately paints inoil and watercolor

Thank you for joining MAREI at our All StarNetworking Event to Benefit Harvesters.

This is the second year for our All StarNetworking Event, however MAREI hasheld summer networking events andcollected donations for Harvester's forseveral years.

The 2015 Event found not only the MAREIAll Stars winning, but we also found ourhometown team putting 8 players into theMLB All Star Game and Ultimately winningthe World Series. MAREI and all the great

attendees in 2015 were able to raise enoughto provide a little over 8,000 meals andbecause $1 provides 3 meals, our goal for2016 is 15,000 meals.

We thank you for your $5 donation at thedoor or more if you donated online. Wealso thank all of our Coaches for donatingtheir time and our Sponsors for theirawesome donations of time, money anddoor prizes for the raffles.

To learn more about what Harvesters andhow you can help visit Harvesters.org.

“Our goal for2016 is 15,000meals forKansas City'sHungry.”

# A L L S T A RN E TWORK I N G 2 0 1 6

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In the business world there are limitlessopportunities for those who seek them out.Finding a method to successfully invest andto receive a return on that investment is oneof the oldest principles taught by financialadvisers. Real estate investments have thereputation for helping investors to createlarge amounts of wealth. However, largereturns also normally indicate a higheramount of risk.

How can you mitigate that risk? How do youget started investing in real estate? Whattypes of financing are available to those whowant to invest? What are the rules andregulations that you need to know to getinvolved?

This is where joining a National REIA

“Optimizedto give youthe greatestchance atsuccess inthe realestateinvestingworld.”

Member Association can help. Theseassociations are a group of like-mindedindividuals who are investing in real estatenow. They are aware of the laws, bestpractices, and have invaluable experience toshare. Joining is also a fantastic way tonetwork and to create future businessrelationships.

Associations that are in the National REIAnetwork are optimized to give you thegreatest chance at success in the real estateinvestment world.

Chapters of National REIA have a highStandard of Excellence Demonstrated with aStrong Code of Ethics (COE) StatementSupports National REIA and provides local,state and national efforts in GovernmentAffairs

MAREI IS A CHAPTER MEMBER OFN A T I O N A L R E I A

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# A L L S T A RN E TWORK I N G 2 0 1 6

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MAREI'SSTAFF

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acant properties present a higher level of exposure from

almost all the perils insured by a fire policy. Particular

concerns are increased exposures from fire, theft and

vandalism. Because of these increased exposures, a minimum

level of protection and supervision are recommended to

protect your interests. These guidelines can also be used when

just a portion of a building is vacant and there are no prospects

for immediate occupancy.

Minimum visits to the location should be made per the

frequencies oulined in your policy.

Prior to entering the dwelling, a complete tour of the exterior

of the dwelling should be completed,

noting any vandalism or attempts at entry into the property.

All combustibles should have already been removed from the

exterior of the dwelling to reduce the potential for fire due to

vandalism. If it appears entry has been made, the local police

department should be contacted prior to entering the home

to complete the tour.

It is important the visits be thorough and documented and

not just a drive-by which will not reveal

the conditions inside the dwelling.

The interior tour of the dwelling should include all areas

If the roof is accessible, it should be included in the tour to

evaluate any potential exposures. These conditions can include

clogged roof drains, rooftop structure damage from recent

storms, vegetation growth on the roof, or evidence of

unauthorized access via roof hatches, skylights or stairwell

doors

VACANTPROP ER TYTips from RealProtect

V

An Insurance Policy for REIA Members

The realprotect insurance program has been designed specifically forthe 1-4 family dwelling real estate investor. Whether you own onehome or thousands, realprotect can help you reduce your insurancecosts and property manage your risk.

Buy and Hold or Fix and FlipRenovations CoveredReplacement Cost or State Value CoverageMultiple Deductible OptionsNo CoInsurance PenaltyNo Inspections on 1-4 Unit proeprtyMonthly ReportingSpecial peril CoverageBack-Up of Sewers & DrainsMold & Pollution IncludedGeneral Libaility

Renters Insurance

Protect your tenant's belongingsProvides personal liability to your tenantIf loss is due to tenant, the renters insurance plicy may becomeprimary, thus avoiding a claim on your landlord policy.Avoids you potentially becoming primarily liable for the actionsof your tenants, their guests or their pets.

Provide peace of mind. For as little as $5,00, your tenant can purchasethe renters insurance that you already require. For additionalpremiums, your tenants can cover their belongings and valuables.

Get a Quote & Learn Morewww.realprotect.com1.800.579.0652 x 3

[email protected]# A L L S T A RN E TWORK I N G 2 0 1 6

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entorship is arelationship in which a moreexperienced or moreknowledgeable person helpsto guide a less experiencedor less knowledgeableperson. The mentor may beolder or younger than theperson being mentored, buthe must have a certain areaof expertise.

MAREI is very fortunate intheir more experiencedmembers as they are willing

We have a wealth of knowledge in our membership and are lucky to have greatvolunteers who will share their knowledge .

M share knowledge with manyhosting Meetup Groups,Networking Coffees and SpecialTraining Events.

#AllStarCoaches

Several of our members havestepped up to the plate to host acoaching table for our All StarNetworking Event. Be sure tobrowse through our coaches, theirbios and their topics on the nextfew pages so you can plan whereyou want to spend time.

"We make a livingby what we get, wemake a life by whatwe give" - WinstonChurchill

They are all well qualified todiscuss most real estatesubjects.

You may also be able to bidon a few hours of their time ithe silent auction. So if youwant a more one on onediscussion, please bid.

8 ALL STAR REAL ESTATEINVESTING COACHES

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L . SCOTT FICINUS

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DEBRA FELDERHOFF ROGER GAUNT

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Starting his first company MingusKillorgen in 1999 to manage hisrental properties, which at presentnumbers 25 units consisting of 9duplexes and a 9 unit in Liberty. In2007 they started Liberty Propertieswhere they manage for otherlandlords, growing mainly by wordof mouth for the past 10 years toserve dozens of clients with singleand multi family units mostly in theLiberty MO Area. He has also servedon many different boards andassociations. Roger is our RentalManagement Coach.

An active Real Estate Investor in theKansas City metro area for 8 1/2years, and owns and manages 100properties. She is very good atcollecting rents and retainingpresent clients. She also buys andsells creatively, buying 1.4 MillionDollars worth of real estate by usingsubject to and then lease optioningthe properties to potential buyers. She buys many of the subject toand rental properties in her SelfDirected IRA. Debra is ourCreative Deal Structuring Coach,but can discuss other topics.

Local lending manager forInvestor's Choice Funding, wherehe lends for local real estateinvestments. Starting investing in2009 as a Wholesaling Realtor, hequickly became a Big Fan of OtherPeoples' Money and has spentcountless hours learning high-levelstrategies to utilize Self DirectedRetirement Accounts and CoverdellEducation Savings Plans to invest inreal estate and notes. Regularfeatured speaker on the Annual IRAFun Cruise. Scott is our SelfDirected IRA Investing Coach.

1 2 3DAVE GREEN CHRIS HIEBERT JIM KASPER

Growing up in the family business,Jim learned to appreciate thepassion for exploration andeducation in various aspects ofhome maintenance and renovation. Jim's desire is to redevelop homesand provide a warm, welcoming andupdated environment for homebuyers. Using his business ownerexperience and his knowledge ofconstruction and systems, he worksto ensure that every project isperformed professionally, preciselyand with integrity. Also a LicensedRealtor. Jim is our RehabRenovation Coach.

Along with his wife Deanna, the ownNext Step Homes, Inc. a residentialdevelopment company in KC. Theirphilosophy is to help each seller,buyer and investor with the "NextStep" of their Real Estate Goals. Joining Fortune Builders in 2012, hehas renovated multiple homes forresale and for holding and currentlyhosts a local Fortune BuildersNetworking event in Kansas City. Coming from the Mutual FundIndustry, he currently invests himselfand trains others. Chris is ourPrivate Partner Coach.

Growing with a family that hasbeen in the title business for over100 years in Iowa, Dave attendedcollege in Nebraska and joined DRITitle and Escrow out of college. Coming to Kansas City in 2015 hetook over as the OperationsManager of Accurate Title and hasworked diligently to find ways togrow the company while stillmaintaining all the relationshipsand stability that came with thegreat team there. Dave is ourDeal Closing Coach, find out howto get those creative deals closed.

# A L L S T A RN E TWORK I N G 2 0 1 6

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MARCUS BRAY DONALD TUCKER

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Coming from a project managementback ground in environmental andnew home construction, Don put hisknowledge to work buying andrehabbing houses to sell both retailto homeowners and to landlords. When it comes to the repairs ofproperties at KCInvest, the teamrelies on Don to estimate repairs,consult and manage the contractorsand subs for a quality renovation ona tight schedule. Don is our RehabCoach.

From small business to Fortune100 Companies, Marcus has been aleader n customer experience andservices. This connection with thecustomer and love of sharing withothers lead him to the real estatemarket. Starting at first helping afew friends find potentialinvestment properties to now a fulltime venture as a HomeVestorsFranchisee with his company PrideProperties. Marcus is ourWholesaling Coach.

1 2 3

Nationwide Coverage Especially for REIA MembersEasy to Enroll Online or by PhoneImmediate Quotes and Enrollment OptionsHundreds of Plans to Choose FromCompliant with the Affordable Care Act

Enroll Online today at www.REIAExchange.com

(Password is REIA) or call 855-558-9667

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MAREI Members check yourMember Guide for discounted

sign up links.

# A L L S T A RN E TWORK I N G 2 0 1 6

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REAL ESTATE HYPNOSIS

by Chris McClatchey

hyp·no·sis (hp-nss)

n. pl. hyp·no·ses (-sz)

An artificially induced

altered state of

consciousness

Real Estate Hypnosis is the artificialinduction of believing the “rules” of realestate don’t change. That well establishedprinciples of real estate must be followedor you risk failure. Real Estate Hypnosis isan industry wide belief that success canonly come by doing what other successfulinvestors have done in the past. In otherwords, Real Estate Hypnosis is teachingall investors to do the same thing. It’ssetting forth artificial guidelines thatmust be followed and therefore, we asinvestors lose the very essence of whatmakes investing in real estate so great.Creativity!

Throughout the course of history, thepeople that are remembered, are thepeople that did things differently. Theybucked the trend. They did things societyor industries told them couldn’t be done.They sang songs and played music the“public” didn’t approve of. In other words,they diagnosed the hypnosis societywas imposing upon them and did thingstheir way, despite the potential backlash.

Do you often wonder why you haven’tdone a real estate deal. Do you want to domore deals? Are you frustrated becausethere is so much competition with other

Diagnosing the 3 Biggest Lies ofReal Estate Investing

investors? How would you like to find deals otherinvestors don’t know about? If youanswered “yes” to any of thesequestions, you have to get rid of yourReal Estate Hypnosis and start doingthings differently.

Don’t know where to start? Well, let’sstart from the beginning. Have youheard other investors tell these “Lies”?1) “You make money when you buy”; 2)“You need money to make money”; 3)It’s all in the numbers.

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Ask any real estate investor and they’ll tell you that time is money and the moretime you have to spend cleaning up a mess – whether it’s coordinating others ordoing it yourself – directly eats into your bottom line. That’s why National REIA haspartnered with renowned debris removers 1-800-GOT-JUNK?.

They are the full-service professionals when itcomes to junk removal. Your membership inNational REIA earns you 10% discount on

services from 1-880-GOT-JUNK?. See themembership guide for details.

Let’s dismantle these Lies.

Lie #1: “You make money when you buy”– I can’t tell you how often I hear thisoutdated cliché. When I first startedinvesting, every “guru” I heard wasteaching techniques on how to get theseller down on his price. “Beat the SellerUp”, “Low Ball the Seller” and/or “Makethe Seller give you their price first”. Theyeven teach the “Offer Formula”. Youknow the one where they tell you to offerthe seller 65% of the ARV (after repairvalue) minus the repairs. I hate thisformula and I hated “beating up” thesellers on their asking price. Frankly, thereason most of you aren’t doing moredeals is because you are following thisarchaic formula.

Truth #1: “Price is irrelevant” – What if Itold you that you could pay full askingprice and still be massively profitable.What if I told you that you could offerMORE than asking price and still bemassively profitable. Most people lookat price and the single most important item when deciding to buy or sell a home.I could care less about the price. I wantthe seller focused on the price, so that Ican focus on what I want. Terms!

Lie #2: “You need money to makemoney” – This is the most powerful

hypnotic lie for most investors. For mostof my students this is the biggest barrierthey need to break down. This is thesingle most powerful belief preventingyour success. I know. I believed it for avery long time myself. I thought, if I don’thave money to invest, how am I going tobuy a house or rental property. However,I am living proof that you don’t needmoney to make money. I had no moneywhen I first started. When I say no money,I mean no money. In fact, myvery first deal I didn’t have the $4,000.00in closing costs needed to close thedeal. I took out a cash advance credit cardloan to pay for it. Yet today, I am awell established millionaire. You can betoo. You just have to disregard the beliefthat you need money to invest.

Truth #2: “The money is the easy part” - Itell all my students “If the deal is goodenough, the money will find you.” It’s true.There is so much money out there.www.MyRealWealth.com Just becauseyou don’t have money, doesn’t mean theguy next you doesn’t either. In fact, mostof my students are amazed at how quicklythe money comes to them when they sendit out. You see, if you are analyzing yourdeals the right way. If you are writingyour offers the right way and the dealworks, the money is the easy part. I knowthat may be hard for some of you to

believe, but I want you to really work onbelieving that that money will find you,once you have a good deal.

Lie #3: “It’s all in the numbers” – Don’tmis-read this! The numbers are veryimportant. If your numbers are off, youcan turn a good deal into a bad deal veryquickly. The reason this is a real estate lie,is because “experts” teach you to: a) FindLeads; b) analyze the numbers; and c)write your offers. Again, these 3 steps areimportant steps, however they are missingthe biggest piece. Thecommunicationpiece. How are we negotiating. How arewe overcoming the seller’s objections.How are we getting them to a “yes” state.The numbers are important. Yet, if you arefocusing on the numbers, it’s the reasonsyou are not doing more deals.

Truth #3: “Communication is the key tosuccess” - Every word you use. Everyphrase you speak has an impact. Thatimpact can be negative or positive. Thewords you use, the way you dress, howyou hold your body language and thetone of your voice, will determine howmany deals you do. You see, seller’s wantyou to be the expert. They want you to betheir problem solver. They called youto help them. To be the expert, you haveto act like an expert. This may bechallenging for someone who is new to thebusiness or may not have a lot ofexperience. That is why we teach you howto walk, talk and dress. You need toknow how to write contracts that deflectobjections. You need to know the wordsthat bypass the conscious filters. You needto know how to develop rapport witha seller simply by mirroring their bodymovement and language patterns. If youdo these things, you will be a mastercommunicator and master communicatorsare the investors doing the most deals.

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ponsorship is tosupport an event, activity,person, or organizationfinancially or through theprovision of products andservices.

MAREI is very lucky to havemany Business Associatesthat work hard to supportthe organization through outthe year by providingservices and expertise to themembers, membership duesto help cover the costs of the

MAREI has Business Associates who are here to help you grow your business . Start your search for new providers with our Associates .

S meetings and websites, and bycontinuing to promote MAREI totheir own client base.

#ALLStarSponsors

The All Star Networking event is nodifferent. All of our sponsorsstepped up to the plate to donate$50 to $100 to Harvesters in ourfund drive as well as to be at theevent to talk real estate and tobring door prizes for the raffle. When ever we ask for help, oursponsors are right there for us

through out the year. Manyalso offer small networkingand educational events oftheir where you can learnmany finer aspects of thereal estate investingbusiness. Be sure to find outwhat each one has to offer.

12 ALL STAR REAL ESTATEINVESTING SPONSORS

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PATSY ARCHER

1

DAVE GREEN DOUG & BRITTON

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We provide short-term funding forreal estate investments in theKansas City Metro so you, theinvestor, can buy and rehab and sellmore properties. Quick and easyloan process that enables you toclose the deal fast! Don't missanother deal waiting on yourfinancial institution! www.KCLend.com

Our people make the difference. Our growth and market dominanceis attributed to our professionalstaff. Their long term tenure with ourcompany has been to everyone’sadvantage. Because we tailor ourservices to meet the needs of ourclients, we have distinguishedourselves as a “go to” title companyin the Kansas City Metropolitan Area. www.AccurateTitleCo.com

We are available to answer anyquestions or concerns you mayhave regarding your settlement. Ourstaff of dedicated professionals willguide you through the entireprocess and will assure that you areprotected against adverse titleclaims or risks long after yoursettlement. www.AlphaTitle.com

1 2 3BRUCE BELANGER MARK YANDA KANDY MEEHAN

We do not sell homes or managecommercial or multifamily property.Our efforts are focused strictly onresidential property management inorder to deliver consistent qualityservices to clients without thedistraction of residential sales.Finding a renter and maintainingyour investment gets our full andundivided attention. HRS serves theneeds of investors, expatriates, andrelocation companies. www.Home4Rent.com

Style, craftsmanship andextraordinary cabinetry needed tobring your vision to life. Our team willassist you along the way in keepingyour project on time and will makeplanning your dream home easy andenjoyable. Whether you are updatingan existing room or creating a brandnew space, we’ll delivery quality,affordable kitchen and bathroomcabinets that will stand the test oftime. (913) 980-4260

A full-services private lenderspecializing in private money (aka,hard money) loans to businesses andindividuals for real estate projectswhen traditional mortgage financing isnot a good fit. We underwrite, process,fund, and service all of our loans. Ourservice is designed to help unlock thepotential of talented individuals bymaking capital accessible.www.LivingstonPrivateLending.com

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1

SUSAN AUBIN LINDSAY GRIFFIN

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Focuses on insuring yourinvestment, rental, vacation, andREO property. We specialize inadministering only this type of policyand have found that our companyhas excelled with our increasedemphasis and concentration in thisarea of your overall riskmanagement objective. We are ableto customize the policy to yourindividual needs nationwide. www.APIAProtects.com

Sets itself apart from banks,conventional and other lenders byproviding financing to investors thatis more flexible and faster thantraditional type loans, yetconsiderably cheaper than hardmoney type sources. , Merchants hashad the privilege of serving a largepercentage of repeat clients. www.MerchantsMtg.com

1 2 3TARYN KENDRICK SCOTT TUCKER CHRISTINE PUTMAN

The world’s largest homeimprovement specialty retailer.Offers customized cost reductionsolutions that target and meet theevolving needs of professionalcustomers involved in residentialand commercial construction, andfacilities maintenance. MAREIMembers have access to The HomeDepot’s Pro Xtra Loyalty program toreceive a 2% Rebate on your HomeDepot purchases, on top of theiralready low prices.

Buying and selling houses across theKansas City Metro since 2000. Offering fixer uppers, turn key rentalsand rehab properties for investorsand partnering on deals when aninvestor does not have the knowledgeor money or ability to get the dealdone. Also listing a properties for salethrough our Realty Resource whenthis is a better fit for the seller. www.KCInvest.com

Partners with investors to acquireapartment communities at pricesbelow the properties’ intrinsic value bytargeting multi-family real estatesuffering from a problem we feel wecan solve in good areas that areperforming below reasonablepotential. A successful business modelfor us, due to our understanding ofthe Kansas City area apartmentindustry and our highly specializedfocus in multi-family real estate. www.WorcesterInvestments.com

DAVID LANG

Offers a full range of Self-DirectedIRA accounts including Traditional,Roth, SEP, Simple and Individual kPlans. Provide investors thefreedom to invest their IRA moniesin real estate and other alternativeinvestments. Dedicated to deliveringsuperior service, educationalopportunities and IRAadministration to its clientele. www.MidAtlanticIRA.com

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Hosted by Brian & Michelle WinberryWednesday Mornings at 9 amLucky Brewgrill5401 Johnson Drive, Mission

Chris McClatchey is an expert on buying houses on awesome

zero percent financing TERMS. Join us at the September 13th

Meeting to learn about Zero Percent Seller Fiancing and be

sure to register early for Chris's One Day T.E.R.M.S. workshop on

September 17th. First 50 people at the #AllStarNetworking

receive Chris' CD "How to Quit Your Job in 13th Months"

ZERO PERCENTFINANCING & TERMS

SEPTEMBER >

WINVESTORS

FROM OTHER GROUPS >

Join us Tuesday July 12th at 6 pm for

networking and more networking.

Bring Business Cards and a $5 Donation for

Harvesters at the door. Connect with our

many All Star Sponsors, Learn from our All

Star Coaches, Have some All Star Hot Dogs

and Register for our All Star Raffle and Silent

Auction.

MAREI'S 2ND ANNUAL#ALLSTARNETWORKING EVENT

MEETING >

MARE I .ORG /CA L ENDAR

Everyone can register for this meeting at no

charge but all we be asked for a $5 donation

at the door. We invite everyone to join, it is

only $99 annually and get oimmediate

access to all benefits.

Next months Meeting Tuesday August 9th,

same time and same place.

1ST SATURDAYS

1ST TUESDAYS

THE CALENDAR

LANDLORD INCOF KCK

Hosted by Jim & Beth Kasper1st Saturday of the MonthNetworking Coffee at Denny's9001 Shawnee Mission Pkwy, Mission

Hosted by Crossroads InvestmentLending & JD AsbellWhite Board Discussion7759 Shawnee Mission Pkwy, OPKS

Hosted by Dave Hankamer3rd Tuesday of the MonthLone Star Steak House1501 Village West, Kansas City, KS

JACKSONCOUNTY REIHosted by Kim PittmanLast Wednesday of the MonthLifetime Investments Building4 West Monroe St, Buckner, MO

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SELLERFINANCE

S U P P O R T H . R . 5 3 0 1

N O M A D I C | 2 4I L E G I S L A T I V E S P O T L I G H T

The Seller Finance Coalition (SFC) is excited to announce theintroduction of H.R.5301, The Seller Finance Enhancement Act.We thank our CoLeaders, Rep. Roger Williams (TX-25) and Rep.Henry Cuellar (TX-28), as well as original co-sponsors Rep. JimBridenstine (OK -1), Rep. Alan Grayson (FL-9) Rep. MickMulvaney (SC -5), Rep. Randy Neugebauer (TX-19), and Rep.Bobby Rush (IL-1). We look forward to working with Congressto enact this legislation into law this Congress.

The Seller Finance Coalition was formed in February of 2014 toadvance the interest of the seller finance industry. Foundingmembers of the SFC include Glenn Lee of Texas Funding, BobRepass and Eddie Speed of Colonial Funding Group, Scot

Campbell of S.R. Campbell Properties, and Doug Smith of MyHouse Deals. Last year the National Real Estate InvestorsAssociation joined as our largest member bringing with it over40,000 members nationwide.

This bill makes minor changes to the rules governing thismarket to allow for more flexibility and greaterdynamism. Below is information on HR 5301:

HR 5301 amends the Dodd/Frank to allow up to 2 seller-financed transactions per month (24/yr.) without the needfor the seller to be licensed as a mortgage originator.HR 5301 requires the Treasury Department to study theLVH market over the next 3 years and report back toCongress with suggestions for steps to improve the salesand financing of these homes. HR 5301 does not remove any of the safeguards related tothese transactions. Seller financiers must still comply with“ability-to-pay” portions of Dodd-Frank, as well as interestrate rules and the ban on balloon payments.

HR 5301 helps ease the credit crunch in the Low ValueHome market by giving seller financiers the opportunity toprovide this much-needed service to under served buyers.

# A L L S T A RN E TWORK I N G 2 0 1 6

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(2) Contact your member of Congress at theirlocal office by first faxing to them the 1-pagepress release that is available atwww.MAREI.org/GrassRoots. Make sure youfollow up with their office by calling later to thankthem for considering co-sponsoring thebipartisan legislation known as HR-5301, theSeller Finance Enhancement Act.

If each member’s office receives multiple faxesand phone calls relative to this legislation, it’sgoing to raise their awareness.

perspective, but from a powerful multi-pointpolitical perspective. Congressman RogerWilliams of Texas (R) is a powerful voice for freeenterprise.

To continue moving forward with HR-5301,more co-sponsors need to be added. They weresuccessful in getting commitments from severalmembers of Congress to join as co-sponsors onthis legislation, and that momentum needs tocontinue.

We are asking you to do two things:

(1) Go to SellerFinanceCoalition.org and registeras a grass-roots member by giving a minimumdonation of $100.

SFC members Bob Repass, Jeff Watson andCharles Tassel went to Capitol Hill in June. Whenthey showed Members of Congress the diversityof the co-sponsors on HR-5301, you could senserelief and optimism. From Former Black PantherCongressman Bobby Rush of Illinois (D) to liberalfirebrand Alan Grayson of Florida (D), some ofthe most conservative and most liberal arecoming together. All recognize the negativeimpact that Dodd-Frank is having on theirconstituency when it comes to home ownership.

HR-5301 is a solution to allow their constituentsto buy properties with the help and assistance ofthe owners who want to carry the financing. We have a compelling argument, not just from a free enterprise

Learn Morewww.SellerFinanceCoalition.org

Twitter: @SFCdotORGFacebook: /SellerFinanceCoalition

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DIRECTORY

BUSINESSASSOCIATES

A C C U R A T E T I T L EA Full Service Title CompanyDavid Greenwww.AccurateTitleCo.com913-338-0100

A L P H A T I T L E Full Service Title CompanyPatsy Archerwww.AlphaTitleLLC.net913-498-8999

A P I AAsset Protection Insurance AgencyLindsay Griffinwww.APIAProtects.com877-752-2742

A Z U R E W A T E R F R O N TLuxury Waterfront Property InvestmentBrad Reddickwww.AzureWaterfront.com800-240-3606

Find out more about each of these associates by visitingtheir website.

Or go to MAREI.org and click on Business Directory.

CROSSROADS INVESTMENT LENDING

C O N T I N E N T A L T I T L E

Investor LendingBritton Asbell and BarakTschirhartwww.KCLend.com913-766-2900

A Full Service TitleCompanySharon Bowerwww.CTitle.com913-338-3232

# A L L S T A RN E TWORK I N G 2 0 1 6

B R I D G E M A N A G E M E N TA Turn Key Real Estate ExperienceNathan Brookswww.BridgeEquity.com913-695-8213

A Z U R E C A R P E T C L E A N I N GCarpet, Hardwoods & MoreJerry Myers & Tiffany Kroutwww.AzureCarpetCleaning.com816-668-0258

D I S C O V E R H V A C Heating & AirconditioningComplete System for $2785www.DiscoverHVAC.net816-500-2900

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DIRECTORY

I N V E S T O R S C H O I C E F U N D I N GThe Flexible Funding SolutionL. Scott Ficinuswww.InvestorsChoiceFunding.com816-668-7223

J A M I E S O N H O M E T E A MRealtor & Property ManagementKevin Jamiesonwww.KevinJamieson.ReeceNichols.com913-384-8331

K C I N V E S TInvestment Property SellerKim Tuckerwww.KCInvest.com913-735-0018

K C M O H O M E B U Y E RProperty BuyerDon Tuckerwww.kcmoHomeBuyer.com816-200-2198

REAL PROTECTInsurance for Investors Brought to you by National REIAwww.RealProtect.com1-800-579-0652

P R I D E P R O P E R T I E S

M E R C H A N T S M O R T G A G E

Real Estate ProfessionalsMarcus and Matt Braywww.PrideProperties.com913-213-5370

Real Estate Finance CompanySusan Aubinwww.MerchantsMtg.com720-554-9480

H O M E R E N T A L S E R V I C E SKansas City Property ManagementSandy Fisher or Paul Brantonwww.Home4Rent.com913-469-6633

L O N G H O R N I I I I N V E S T M E N T S

Private Lending PartnerLawrence Hopkinswww.LonghornInvestments.com214-420-7329

REALTY RESOURCEReal Estate BrokerageScott Tuckerwww.RealtyResourceKC.com816-406-0701

G U A R A N T E E D R A T EFirst Digital MortgageBeth Langstonwww.GuaranteedRate/com/BethLangston913-225-9323

K C C A B I N E T C O L L E C T I O N

Cabinet SourceMark YandaWebsite Coming913-980-4260

MAREI.org 25

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