Investment News
Newsletter of Mid-America Association of Real Estate Investors
2009 : What Might Happen
As I sit here today on January 1, I have to say good-bye and good
riddance to 2008. It has not been a good year for many people
across the real estate investing community, the country, or the
world. But it has set us up for a very good 2009 if we can figure
out how to take advantage of the opportunities, with 100’s of bar-
gain homes across the metro and the country.
About a month ago, KCRAR (the Kansas City Regional Associa-
tion of Realtors) hosted a Broker breakfast with local economist
Frank Lenk, Director of Research Services for the Mid-America
Regional Council. He gave us a quick look at his best guess for
how the economy, at least in the Kansas City area would look. He
had 3 models. The first of which has our area seeing recovery
about the 4th Quarter of 2008, which he had already thrown out.
The second had the economy making a quick recovery in the
early part of 2009, which he though highly unlikely. His third that
he though was the most viable was to see
economic recovery start in the first and sec-
ond quarters of 2009, but just a start with a
very slow improvement throughout 2009 and
into 2010.
So it seems we are in for a long hard road,
but Kansas City does have a lot of things
going for it. We don’t have an entire metro
area depending on one industry. Because
we have such a diverse city with a very low
cost of living, many different industries
have made the Kansas City area home.
Secondly we have very mild property
valuation swings, so while we have seen a
drop in real estate sales and price, we
didn’t see a huge up swing in both like the
coasts, so we didn’t have so far to fall
when our prices started going down.
And personally I see this as a bright spot
for the next two years: all the science industries that are looking to
the Kansas City Metro and surrounding areas as their potential
new places to build new businesses meaning new jobs, more peo-
ple, and people who need places to live.
So as a Real Estate Investor, I am very glad to be in an area like
ours as I think we have some of the best opportunities in our area.
Just do a little research online and you will see that a lot of buyers
from other areas agree. I am seeing buyers from California, Ari-
zona, Washington, South Carolina, Florida, and many other states
from far away. These buyers see the opportunity here, so we
should not overlook the opportunities in our own back yard.
We will need to go back to actually working to sell or rent a prop-
erty, like we did when I first got into real estate. We had to work
January 2009
to find buyers and help buyers find financing, Then the sub-prime
mortgage market popped up and it became very easy to sell a
house because virtually anyone could get a loan with a subprime
mortgage. But no more! Now we need to learn new ways if you
were not around before subprime or relearn some things that you
may have forgot.
In reading the January 2009 copy of Realtor magazine from
Realtor.org I found quite a few ideas that may be of help in our
business in 2009 and beyond.
1. Michael J Russer suggest we learn how to effectively
utilize social networking sites like Facebook, MySpace,
LinkedIn, ActiveRain, or RealTown. Learn how to cre-
ate an effective profile and then reach out and meet
new people, not to shove your real estate down their
throat, but to just meet new people. Then when it
comes up, which is usually does, tell
them what you do when they ask.
This was not around 5 to 10 years
ago and we will see more and more
of this in our business in 2009 and
beyond.
2. Melissa Dittmann
Tracey, talks about the problems
of selling a vacant house, from
having to heat and cool an
empty home, not being able to
insure a home vacant for more
than 30 days, and the potential
for vandalism when a home is
unoccupied. She suggest
hiring a house sitter that will
pay a small fee to “rent the
house” possibly and also take
care of utilities and lawn
maintenance. Just be sure to check out your home
sitting service. A quick search on google turned up
www.HouseCarers.com as a place to start. This might
be a service that agents may want to offer up to their
clients to help them defray the cost of having vacant
homes and protect the house from vandalism.
3. Robert Freeman discussed selling houses by the bus-
load. An Atlanta area realtor loads up 12 buyers on a
bus to tour 8 to 10 houses in a particular neighborhood.
These are all buyers looking in the area, but they save
time and gas by all going together on the mini bus and
educates the buyers in a much quicker fashion.
(Continued on page 10)
 MAREI
Mid-America Association
Of Real Estate Investors
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.
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.
BADGE POLICY
All members of Mid-America Association
of Real Estate Investors and guests
must wear a name badge to all General
Meetings. There will be no exceptions.
Mid-America Association of
Real Estate Investors
PO BOX 8685
Prairie Village, KS 66208
Phone: 816-523-4400
Fax: 816-523-4448
www.MAREInet.com
Info@MAREInet.com
Page 2 ———— Investment News —————
Investment News
INVESTMENT NEWS © 2009 by Mid-America Association of Real Estate Investors
(MAREI), a Real Estate Trade Association. Published monthly by MAREI and in-
cluded as benefit for our members. Quotations and reprints are permitted with full
credit given to author, plus “The Investment News: Newsletter of Mid-America As-
sociation of Real Estate Investors.” Subscriptions are $59 per year or are included
with membership.
MEMBERSHIP
Twelve month individual membership is $99, 2 Person Membership is $149. Guest
Fee is $25.
Articles must be received by the 1st of the month two months prior to issue date to
be considered for publication. To be considered for a specific issue, it is recom-
mended you contact the Editor at least three months prior to issue date. All submis-
sions are at the discretion of the editor and are subject to editing.
Advertising space deadline is the 1st of the month one month prior to publica-
tion. All camera-ready artwork and materials for non-camera ready ads are
due by that date. Please see www.MAREInet.com for more information.
CODE OF ETHICS
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. We shall not discriminate against any person with regard to race, color, religion, age, national origin, sex, handi-
cap or familial status as defined by current Kansas, Missouri, or Nebraska law.
2. We shall recognize that real estate is a service related industry.
3. 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.
4. We shall endeavor to stay informed and updated on matters affecting housing in our communities, and adhere to
local, state and federal laws.
5. 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.
The information contained herein is believed to be accurate; however, it is not guar-
anteed 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.
Mid-America Association of Real Estate Investors
is a Member of the National Real Estate Investors Association
And the National Association of Responsible
Homebuilders & Remodelers
www.MAREInet.com
 Private Lending
While working on my New Year’s Resolution to actually utilize
They then discuss how to set up and implement a Private
the treadmill in the extra bedroom for something other than a
Lending program in your business and what they do on a
dust collector, I decided it was time to kill 2 birds with one
daily basis to set one up and keep it running in their business.
stone so to speak. I have been collecting more and more real
They talk about creating your program and marketing pieces
estate training teleconference calls but have not had time to
and your 30 second elevator speech, just in case you are on
listen to them. I also have not been able to find time to actu-
an elevator with Bill Gates or someone else who could be a
ally exercise, so here’s the plan. Set aside 30 minutes 2 or 3
potential lender.
times a week to listen to a teleconference while taking a walk
on the treadmill. So won’t you join me in getting more exercise
They talk about then taking your program and your elevator
on your own treadmill and listening to some training teleconfer-
speech and talking to people you know about what you do
ences at the same time.
and over the course of time, many of the people you know
will come around to you. Courtney gave an example of a
On this particular day I was listening to the call in our past
family member she had who acted like they were broke and
TeleSeminar / Webinar Replays from Mike Moulton and Court-
had no idea how they would pay for their next meal. In the
ney Jones. If you have not had a chance to listen to one of
course of conversation one day she was talking about what
our teleconference calls, this might be the one you should start
she did in investing, how she borrowed money from private
with in 2009. MAREI members can log into the member area
individuals, and the kind of return these people were getting
at www.MAREInet.com to gain access to our Teleseminar Ar-
on their money. Her penniless family member it turns out had
chives.
substantial funds to lend and wanted to get in on the action
and do a deal or two with her. So don’t rule anyone out, they
I was very impressed with the call as they had some great
may have funds available or they may know someone who
ideas for people looking for funding for their real estate invest-
ing business, especially in this time of very tight lending prac- (Continued on page 12)
tices from traditional lending institutions. Everyone should
take the time to cultivate several private lenders both for short
term loans and long term holds.

Think about it! What if you had a very close friend, family
member, or business associate who had $100,000 sitting in
the bank. They did have $200,000 but when the stock market
tanked, their investments went south and they pulled out at
$100,000 and dropped it into the bank in a CD making 4%
interest. What if you further had a great duplex that you could
buy for $100,000 if you only had the money. You could go to
the bank to get a loan, but sorry you already have 4 loans in
your name so you can’t get any more plus as you are self em-
ployed and write off all your expenses, your tax return looks
pretty bad. But if you had $100,000 you could buy a great
duplex with great cash flow. What if you could get together
with your friend with $100,000, they could lend it to you, se-
cured by real estate, and earn 6%, 8% , 10% on their money,
what ever you decide.

Much better than their 4% interest, you could buy the property
and start cash flowing now, and then in 2 or 3 years when
lending loosens up you could refinance and pay your friend
back with a balloon payment. Or maybe they might be happy
getting 6 to 10% interest for a full 30 years, who knows.

You never know until you ask, and that is one of the things that
Mike and Courtney talk about, getting over asking for money.
Many people feel like they are begging for money, but they
(Mike & Courtney) advise us to think more along the lines of
we are helping people by telling them of an alternative place of
investing their money.

www.MAREInet.com ———— Investment News ————— Page 3

General Meeting ~ January 13 ~ 6pm Networking ~ 7:30 pm Presentation ~ Marriott, Overland Park

MAREI Presents:

Wholesale Investing Case Studies

We have all heard about wholesaling houses. We have heard from Larry Goins last fall how he does it (check out the General
Meeting Archives) or on our archived Tele0seminars you can get the how tos from Brian Dickerson, Dwan Bent-Twyford, or
Vena Jones-Cox. But tonight we are going to hear 3 different case studies from 3 different LOCAL WHOLESALE INVESTORS.
We have asked 3 of our very own members to pick out one of their most memorable deals and walk us though the deal from
beginning to end:
• Where did the deal come from . . .

• How did they find the owner . . . Rick Zeitun

Investor
• What did the seller want . . .
www.KansasCityInvestmentDeals.com
• Analysis of the Deal . . . Rick@KansasCityInvestmentDeals.com
• What they offered and how they negotiated . . .

• How they structured the deal to buy. . .

• Who they sold it to and how they found the buyer . . .

• End result. . . Kevin Martin

Investor
Our guest members
www.TheInvestorConnector.com
• Rick Zeitun

• Kevin Martin with the Investor Connector

816-813-1602

• Don Tucker from Tucker One Properties

If you want to find out how real live deals are being put together in Kansas
City for quick cash, then this the meeting to be at to kick off your 2009. Be
sure to be in the front row and ready to take notes. Don Tucker
Investor / Broker

This meeting is sponsored by www.TuckerOneProperties.com

Would you like to sponsor a meeting? 816-523-4400

Includes your information here in the newsletter & online.
Includes a vendor table at the meeting.
Includes a listing on the Vendor Page Online for 2 months.
We will include a 1 page article you provide in the newsletter.
You receive 10 minutes to speak before the main presentation.
You have the right to place your marketing materials on the seats in the meeting room.
Call the MAREI office at 816-523-4400 for more information.

Tuesday January 13th, 2009 Overland Park Marriott

6:00 pm Networking 10800 Metcalf
7:30 pm Presentation Members Attend FREE
$25 Guest fee at Door
Sponsor Meeting: $200 Reregister for $15 on Web Site
Reserve Networking Table: $35 for Member’s More info www.MAREInet.com

Page 4 ———— Investment News ————— www.MAREInet.com

 Wholesale Investing : an Introduction
I get many calls from people who have recently read a book or
attended a seminar and they have decided to be real estate
investors. I received on just last week that I swear the guy just
heard a commercial on the radio as he was driving down the
road; somehow he found my number and dialed it up as he was
on his way to where ever he was going.
He wanted to know where he could buy a good deal, and if I
could help him find them. He planned on buying several and
flipping them for quick cash, and could I help him with that. The
more he asked questions, the more I realized he either wanted
me to teach him how to be a wholesale investor on the phone in
5 minutes or he wanted me to do everything for him for a real
estate commission as a Realtor.
So this article is for the gentleman who called me the Monday
after Christmas.
First of all if you are going to buy and flip a house for quick
cash, you need to do a bit of homework up front. A Realtor is
not going to be able to necessarily tell you what a good deal
would be that you can buy and then sell for quick cash. If the
Realtor has that knowledge more than likely they will be buying
and flipping and making the quick cash themselves rather than
working for a paltry 3% commission that they have to then split
with their broker.
work. I would start by developing a relationship with a Realtor or
an appraiser and get them to email you live links to everything
listed, pending, sold, expired, etc in the MLS system for the past
year in the given area. If they can convert this to PDF as well so
you can save it as a reference to look back at later, this will give
you a really good idea of accurate values of properties in your
area. Also take time to look at the live links they send and review
the interior photos so you know what the “typical” house looks like
on the inside.
Secondly you need to have a way to accurately estimate repairs
on a home. If repairs are totally new to you, you might want to
hire a contractor or an inspector to walk through several fixer up-
per houses that are typical for your area and show you the all the
items that need repaired, what they look like, and a rough esti-
mate of what it would cost to repair. Do this two or three times
and you will be able to come up with a rough estimate of repairs
needed on a give house.
As a wholesaler, you may end up selling the fixer upper whole-
sales with a recommended contractor, so you may be able to de-
velop a relationship with a good contractor in your area who will
actually go do a repair bid for you that you can use in marketing
the property with the hopes that the person who buys your whole-
sale property will use the contractor’s services to make the
needed repairs.

Second, you can learn how to be a wholesale investor in a short
5 to 10 minute phone call. And if you are going to try to learn
something from someone in such a short call, please make it
from a place where you can take notes, not driving down the
road where you have a strong possibility of driving up a tree or
running over a little old lady.
After you know how to figure out what houses are worth through
the neighborhood values and the needed repairs, you are now in
a position to start figuring out what you will offer. As most whole-
sale investors sell to other investors, you can roughly figure that
the average investor buyer will pay up to 70% of the After Repair
Value less Repairs.

To learn how to wholesale houses you need a little bit of educa-

tion. Myself, I have gone through several different training pro-
So if the “typical”
house sells for Wholesale
grams from Scott Rister, Larry Goins, Kathy Kennebrook, and $100,000 and it Real Estate
Than Merrill to name a few. I have taken the best from each of needs $30,000 in
these programs as well as stuff I have learned first hand from repairs, the average
Investing
some of the bigger wholesale companies in the Kansas City investor would pay
market such as observing HomeVestors and the old Ridgemoor $100,000 x 70% or
Company. And I have also learned from experience in the past $70,000 less
10 years. So sorry to say, it can’t be condensed into a short $30,000 in repairs.
phone call, but I will give you a brief intro. Or they would pay
about $40,000 for
There are several steps you need to take: the house. The
number you will
1. Educate yourself on the area & the properties need to verify in your
2. Educate yourself on estimating repairs area is the 70%. In
3. Figure out how much to offer some areas, like What you can’t learn
4. Find the money mine here in Kansas On the
5. Find the right title company or attorney City, in areas where Telephone
6. Build a list of buyers there are high num-
7. Develop a team of service providers bers of foreclosures, Kim Tukcer
8. Create YOUR plan to find deals you might find that
9. The start doing deals. the 70% factor might
be 60% or 50%, so
First of all if you are going to be buying and selling houses in a figure this out before you start making offers.
particular area it would be worth your time to do a little home- (Continued on page 14)

www.MAREInet.com ———— Investment News ————— Page 5

 INVITE A FRIEND
To a MEETING
.MAREI Members do you have a friend, coworker, or per-
son who provides you a service that is interested in real
estate investing? Our Next meeting will be an excellent
opportunity for a new potential member to check us out.
Please cut out or copy this page and provide it to all of
your friends who want to attend and have never been to a
meeting and they will be able to attend for FREE!
If they have attended before, please encourage them to
join, it’s only $99 a year and the get access to so much
training through the web site. And if they are just not quite
ready to join, and they have attended before, remind them
that the guest fee at the door is $25, but if they reregister
at www.MAREInet.com through the Calendar of Events,
they can save ten bucks.
FREE GUEST ENTRANCE
FOR FIRST TIME ATTENDEES
NAME: _________________________
PHONE: ________________________
EMAIL: __________________________
ADDRESS: _______________________
CITY: ___________________________
STATE: _______ ZIP: ____________
REFERED BY: ___________________
Free entrance is limited to the October 2008 meet-
ing at the Overland Park Marriott from 6 pm to 9
pm for first time guests. If you have attended be-
fore, remember guest fee at the door is $25.
Membership is just $99 for one and you can join
right now on our web site at www.MAREInet.com!
Be sure to bring your business cards and flyers for
networking. Don’t forget your note pad, because
you will want to take notes during the presentation
and take down names and contacts while you are
networking. Arrive early and have dinner at one of
the fine establishments in the area!
Page 6 ———— Investment
Membership Benefits
♦ Free entrance to General Meetings
♦ Printed Version of this Newsletter
♦ Discounts to Paid Events
♦ Access to Online Library -
♦ Post Houses on our Classifieds
♦ Interact on Member’s Only Message Board
♦ Post your Profile & Read Profiles for Other
Members
♦ E-Messaging System through Profiles
♦ Membership List in Excel (no emails)
♦ Discount Card to Sherwin Williams
♦ Discount Card to Office Max
Cost: $99 annually for one, $50 per additional
To Join, fill out form below.
Name #1: ______________________________________________
Email: _________________________________________________
Name #2: ______________________________________________
Email: _________________________________________________
Company: ______________________________________________
Address: _______________________________________________
_______________________________________________________
Phone: ________________________________________________
Standard Membership $99
Add on Spouse or Partner $50
Business Membership $499
Additional Employee $50
Check Enclosed (make payable to MAREI)
Credit Card: ____________________________________________
$______________________________ ___________________
Total Amount Expiration Date
_______________________________________________________
Name as it Appears on Card
_______________________________________________________
Billing Address (if different from left)
______________________________________________________
Signature Date
www.MAREInet.com
 Service Guide
Advertising Supplement

Tucker One Properties, Inc. This is a Business Card

Rehab ~ Wholesale ~ Foreclosures
www.TuckerOneProperties.com Sized Ad
115 E. Gregory Phone: 816-523-4400
Kansas City, MO 64114 Fax: 816-523-4448 MAREI members place
Joe Reece An ad for one month $25
Property Specialist
Cell: 816.507.4203
Email: jrprops@yahoo.com
Or included in Business Membership

Kyle Bush
Yellowletter.com
Yellow Letter Automated Mailings
Pre NOD Leads Available
Vice President
Mortgage Lending
John & Donna MacNeil
Guaranteed Rate, Inc.

Phone: 816-777-1244 Phone: (904) 880-2742

Cell: 913-940-7058 Fax: (904) 880-2741
Fax: 816-817-2822 Email: dmacneil@yahoo.com

http://www.GuaranteedRate.com//KyleBush

Beth Langston JEFF BASLER

PORTFOLIO MANAGER
Homefront LLC
O: 816-474-0010
Call me to review your portfolio! C: 913-568-9344
200 NE Missouri Rd, Ste 200 F: 816-474-0016
Lee’s Summit, MO 64086
FOR TURN KEY RENTAL PROPERTIES
816-246-5999 cell CONSISTENT CASH FLOW & APPRECIATION
Beth@homefrontcapital.com WWW .JBFUNDINGLLC.COM

Accurate Title Company, LLC

Ron Kraft

Title, Closing, & Escrow Services

FLATIRONS FINANCIAL, INC
INVESTMENT PROPERTY REHAB LOAN SPECIALIST 7011 W 121st St, Ste 100, Overland Park, KS 66209
Jackie White / 913-338-0100 / Fax 913-338-0107
EMAIL: SALES@FLATIRONSFINANCIAL.NET
PHONE: 913-393-2448 or 866-393-2448
www.FLATIRONS.LENDINGSTATION.COM
www.AccurateTitleCo.com
Ask us about MAREI membership reimbursement with your loan!

www.MAREInet.com
— Page 7
Vendor Expo
Each of our General Meetings feature about an hour trade show before the presentation. Please arrive around 6 pm to visit with all
of our vendors who have reserved tables. If you would like to have a table at the meeting or would be interested in sponsoring a
meeting, please visit the calendar on the MAREI web site for more information. Vendor Tables are $35 for members and $75 for
non members or sponsor the entire meeting. Reserve your table through the Calendar online or email us at info@MAREInet.com.

Want an Alternative:
I Buy Private Mortgage Notes,
No house hunting & Land Contracts, Lump Sum Cash
No contractors
No tenants Edward Griffin
No toilets
913-499-6518
PropertySolutions@everestkc.net
Find out how to invest in
Real Estate with no
Headache. Very Little Time Needed.

Earn Safe Return on your Investment

Great way to build up IRA Funds.

www.ROIwithTuckerOne.com Contact Realty Resource when you are ready to dis-

816-523-4400
Don or Kim Tucker
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Affinity Group Management Company:
1-800-790-4872 PHONE, 913-894-6534 FAX
Email Debbie@wrennins.com
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cuss your options with Kansas City Area Real Estate
Investments. Consult with one of our Specialists to help
you find the property to fit your investing needs.
Contact Realty Resource when you are ready to dis-
cuss your options with Kansas City Area Real Estate
Investments. Consult with one of our Specialists to help
you find the property to fit your investing needs.
We understand that buying a primary residence is much
different that buying an investment property. You have a
lot more factors involved that need to be looked from
specialized financing, exit strategies, repairs, mainte-
nance, management, and more.
Our agents have expertise with:
• Listing Bank Owned Properties
• REO Properties
• Wholesaling Properties
• Rehabbing Properties
• Renting Properties
• Section 8
• Short Sales
• Apartments
• Property Management
Having a Kansas City Realtor who specializes in Real
Estate Investment Properties such as Bank Owned Prop-
erties, Short Sales, Pre-foreclosures, Cash Flowing
Rental Properties, Apartments, and Lease Options is a
must if you are investing in Residential Investment Prop-
erties.
www.RealtyResourceKC.com
816-523-4400

Page 8
— www.MAREInet.com
Newsletter & Service Guide
Our monthly newsletter is the Investment News. All of our MAREI Business members receive a Business Card ad or a monthly $25
credit for a larger ad. The Investment News is currently mailed out in paper version to approximately 320 addresses and handed
out at our monthly meetings. We also post our newsletter archives on our web site for any new members or guest to read past arti-
cles. Or write an article to be included in our newsletter that will showcase your expertise. We will include your contact information
at the end of the article. Cost is currently just $50 for a one page article in the newsletter and posted on the web site for members.

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www.MAREInet.com ———— Investment News ————— Page 9
 2009 . . . Continued from page 1
4. Use the actual home sales in an area to your advantage.
The article from Robert Freedman was using this idea for
Realtors, but the investor who has just sold a house in a
neighborhood might want to send out a post card or hang
door knockers on houses showing off the home that just
sold. On one side talk about the great home sold and on
the reverse mention how your lease to own program
works, this would be especially effective in an area that
has a good mix of owner occupied houses as well as
rentals, you just might convert a renter into a buyer. You
may want to target these just sold items to an area apart-
ment area that has a nice housing area close by.
5. Mr. Freedman also encourages us to get to know all you
can about loan programs and first time home buyer pro-
grams in your area so you can educate buyers. Team up
with an FHA lender, compile a comprehensive list of
home buyer assistance programs in the areas, get to
know all the community banks and credit unions in the
area so you can have a resource for your buyers. Bor-
row a local church or library or other public space and
hold a first time home buyer seminar. Here in Kansas
City you should get to know about
www.KCHomePrograms.com and if you can get in – at-
tend a Workforce Housing Specialist class through
www.KCRAR.com
6. When I started in real estate, the investor took the time to
teach the potential buyers how to be a buyer. They
would show them how they can buy with little to no
money down through FHA and similar programs, how
they could get funding from local area resources for the
down payment, how they can save money on their taxes
by having interest and house insurance to pay in the
mortgage payment, and how the mortgage payment
could be about the same as rent in many cases. If you
can show a first time homebuyer how they can be a
buyer, how they can save money through tax deductions,
and how it can cost almost the same as rent, you can sell
them a house.
7. Learn about the tax credits available to buyers who buy a
home that have not owned a home in the last 3 years.
Right now the credit is 10% of the home price up to
$7,5000 with income limits and it must be paid back over
time. Essentially by using the tax credit, they are getting
a zero percent loan from the government that they can
take 15 years to pay back. And the National Association
of Realtors is lobbying the government to extend the tax
credit for a few more years in advance (it ends July 1
2009 right now) and also to remove the need for the
home buyer to pay it back.
8. As Realtors and Investors we need to be THE VOICE of
Reason to counter act all the doom and gloom in the
media. We can write articles, make posts on our social
networking sites, blog away, get interviews with the me-
dia to show them that interest rates are low, that people
Page 10 ———— Investment News —————
can still buy a houses, and that people are buying
houses. If you have a special niche you serve, offer up
some education on your special niche: rent to own,
lease to own, seller financing. Etc.
9. We will see more lease to own and seller financing tak-
ing the place of the now missing sub-prime loans. Once
utilized quite a bit by Realtors and Investors as a way to
sell more houses, it fell out of favor during the subprime
era, but we should see more of this come back into
play. However we are also seeing quite a few states
put more rules and regulations on both, so brush up on
how they work in your area. Kansas City has not seen
much in the way of regulation yet, but I have heard ru-
mors that the Kansas Attorney General is looking into
how Lease Options work. But just a rumor.
10. On the commercial side, we will not see much improve-
ment in 2009 until the housing market start to recover.
With more and higher home sales, the economy will
improve and businesses will then go back to growing
while right now they are staying the same or shrinking.
What do you think will be happening in 2009. Please log in
and voice your opinion on our online forum at
www.KCRealEstateInvesting.ning.com, we would love to
read what you have to say. With so many very well in-
formed people in our association, I am sure we could come
up with some excellent plans to help move more housing
inventory in 2009. (If you are not in the Kansas City market,
please see visit your local REIA group to share your
thoughts with your group.
About the Author: Kim Tucker is an Investor and Real Estate
Broker in the Kansas City Market. Along with her husband Don,
they have been investing in Kansas City Real Estate since 1999.
You can find more about Kim online by visiting her blog at
www.TuckerOne.wordpress.com or you can reach her by phone
at 816-523-4400. Currently in 2009 the Tuckers are buying and
wholesaling a house or two each month and focusing their efforts
currently on building their real estate brokerage
www.RealtyResourceKC.com that caters to the Kansas City
Real Estate Investor.
About the Author: Kim Tucker is an Investor and Real Estate
Broker in the Kansas City Market. Along with her husband
Don, they have been investing in Kansas City Real Estate
since 1999. You can find more about Kim online by visiting
her blog at www.TuckerOne.wordpress.com or you can reach
her by phone at 816-523-4400. Currently in 2009 the Tuck-
ers are buying and wholesaling a house or two each month
and focusing their efforts currently on building their real es-
tate brokerage www.RealtyResourceKC.com that caters to
the Kansas City Real Estate Investor.
www.MAREInet.com
 MAREI News
FREE MEMBERSHIP: that’s right you can earn a FREE
membership. When ever you refer a friend or business asso-
ciate to MAREI and they join, we will extend your Standard
membership by 3 months. Refer 4 and gain a full extra year.
Be sure to tell your friend to put your name down on their
membership application or if they join online, to put your name
down as the person who referred them. They need to be new
to MAREI not a previous member. And they need to be their
own separate membership, not a 2nd person added on to your
membership.
Online Networking: we have had our yahoo group for years
and that is still in place, but we have also added a new net-
working site that is a little easier to join and utilize late last
year. Go to www.KCRealEstateInvesting.ning.com to join!
Email Updates: we have switched our email provider for
sending out our updates. If you are not getting these updates
via email be sure to visit www.MAREInet.com and register for
this newsletter in the upper left hand corner. You will receive
notices of newsletters being posted, upcoming events, and
important information to the real estate community. Don’t miss
out, be sure you are signed up today. If you are getting emails
but you don’t want them or you want them sent to a different
address, please look for the unsubscribe or update links on the
emails. They do work.
Gone Green: in an effort to reduce costs of printing and post-
age and to keep the membership fees at the same low rates
we have opted to send out the newsletter in 2009 via email.
This saves MAREI about 700 and saves a full case of paper
that would other wise end up in about 400 trash cans after a
few weeks. We are emailing out the newsletter and posting on
the web site for up to a year for the general public to read and
the archives are available back further through the members
online library.
Teleseminars: Last year we teamed up with Norm Reid to
provide a monthly teleseminar on about the 3rd or 4th Tues-
day of the month. We will be continuing this teleseminar in
2009. Members can log in to the member area, click on
GURU and follow the link back to Norm’s Archives for currently
51 calls. At about 90 minutes a call you have over 75 hours of
training at the click of a mouse.
Meeting Location: We have signed up at the Overland Park
Marriott for another 6 months, so you can mark your calendar
for the 2nd Tuesday of the month from 6 pm to 9 pm at the OP
Marriott through June.
Calendar of Events: As the local paper stopped offering a
place for Investors and Realtors to post their real estate invest-
ing events in the past year we have all been at a lost where to
post our events. So for MAREI members, if you have a net-
working event, a cash flow game, a free workshop or seminar,
please get with us to post your event. If you know of an event
that is a public event that would be of interest to the member-
ship: crime free housing by the police department, Section 8
meeting for landlords, foreclosure summit by a community,
www.MAREInet.com ———— Investment News —————
please let us know so we can post the event. Also post your
events at www.KCRealEstateInvesting.Ning.com
Networking Events: We currently have 4 networking groups
outside of the main meeting. Northland Investors, Northland
Cash Flow Club, Lee’s Summit Investors, and Kansas City
Investors. Each meets once a month and their events are on
the calendar. If you are a member and have a networking
event or would like to start a networking group, we are hoping
to add: Women Investor Group, Commercial Investors, Mo-
bile Home Investors, Johnson County Investors, Short Sale
Group, Lease to Own Group, and we are open to ideas for
other groups.
Lease to Own: We are hoping to put together a small group
of investors & realtors who have experience selling lease to
own properties and coming up with a standard plan that could
be used to list lease to own properties in the MLS that is fair
to the Seller, the agents involved, and the buyer. Define how
the agents are to get paid, how we are to post this informa-
tion on the local MLS, and get our standard plan approved by
KCRAR. This is in an effort to get more of the lease to own
properties into the MLS, so that we can create valid compara-
bles for appraisers who are appraising homes that are in the
final financing stages in a lease to own process. If you have
an interest in being on this committee, please email us at
info@MAREInet.com
Library: Our library at MAREI is growing, just log in and click
on library. Articles, E-Books, Forms are filed by topic. We
have a file of about 75 new E-Books to add and will be add-
ing a few each month until they are all in the Member Library.
Access them all from your own computer. A few are rather
large and will be zip files that you will need to unzip. If you
have an article, and e-Book, or form that you would like to
share with the group, please email it to info@MAREInet.com
so we can load it into the library. If you would be interested in
being the librarian, please email us your interest as well.
Volunteers: Would you like to earn MAREI dollars to be
used to extend your membership or go to training classes?
We need a few volunteers to work the check in table from 6 to
7:30 pm on meeting nights. We need a volunteer to work a
few hours on an afternoon the week after the meeting to
process new memberships.
Member Resources: We have created a new page on the
web site that has links to more resources in an effort to make
the site easier to navigate.
Member Discounts: We still have the discount card for Sher-
win Williams. If you have an expired card and need a new
one, please drop us an email and we will put a new one in the
mail. We also have discount cards to Kinkos for copies. We
have been unable to obtain more cards for Office Max, we will
be posting the online discount information under Discounts
for Members in the Resource area. If you are a MAREI mem-
ber and have a discount through your business that you
would like to offer, please let us know so we can add it.
Page 11
 Private Lending . . . Continued from Page 3
has the funds. Private Lending : What’s Your Program

Another idea they had was a soft sell to people you know. The
idea being that you create a short presentation either on power Protect Your Lenders
point or an audio cd and you give it to a few key friends that
you think might have an interest. Tell them that you have put Buy with good equity position.
this presentation together and are getting ready to send it out Title Insurance for Buyer & Lender
to the masses and would they please review it and let you Proper Hazard Insurance
know what they thought of the presentation, critique it if you Promissory Note
will, so it could be improved upon. They said that invariably Mortgage / Deed of Trust
they would get some interest from some of the people doing Assignment of Rents
the review. All Funds Go through Title Company / Closing Attorney

They had quite a few ideas.. From this call as well as a few Get an Outline of Your Presentation
other sources I have found that many people are putting to-
gether the “elevator speech”, and then a one on one or group What is Private Lending
presentation to do at a lunch or a dinner. And recording the Benefits to Lenders
presentation on a CD. Then they are going to networking How You Protect Your Lender
groups that are outside of real estate – groups for anything, Your Bio / Resume
just so they can meet people from all walks of life, profession- Example Deals
als, doctors, attorneys, retired people, what ever. Through out How to Do a Deal with You
the networking events they meet people and as you do at
these things you talk a bit about what you do, share with them Create Several Media Outlets
your elevator speech. If they are interested, you have handy
the CD for them to take home and listen to, and then if they Brochure
want more info you can set up a one on one meeting. Power Point
Web Site
Another source also recommended that as you go to these Email
networking events, that people may want to provide a presen- One on One Presentation
tation to their one special group that may not be at the event: Group Presentation
a select few clients for an accountant who might want to learn Video & Audio CD
about self directed IRAs, the doctors in a doctors office, a re- Teleconference
tired professional with his golf buddies, the retired school Webinar
teacher with her retired school teacher friends.
Elevator Speech
If you take the approach that you are teaching people about an
alternative way to invest their money – into mortgages secured 2 Minute Presentation
by real estate or teaching them about self directed IRAs, you Get Interest
will find that you don’t really have to ask so much for the Set Up Time Later to Follow Up
money.
Circle of Influence
So my plan for 2009, besides the treadmill and the
teleconferences is to polish the elevator speech, update my List of everyone you know & contact info
presentation and get it onto a CD, make a few copies and then Let them know what you do
find some new places outside of real estate to network. I hope to Share your “elevators speech”
find a way to squeeze at least 2 extra events in a month and If they have interest, tell them more
share my elevator speech and find an extra $1,000,000 for 2009. Ask for referrals
About the Author: Kim Tucker is an Investor and Real Estate Bro-
ker in the Kansas City Market. Along with her husband Don, they Start your new year right!
have been investing in Kansas City Real Estate since 1999. You
can find more about Kim online by visiting her blog at Find the Money to Fund the Year!
www.TuckerOne.wordpress.com or you can reach her by phone
at 816-523-4400. Currently in 2009 the Tuckers are buying and
wholesaling a house or two each month and focusing their efforts
currently on building their real estate brokerage
www.RealtyResourceKC.com that caters to the Kansas City Real
Estate Investor.

Page 12 ———— Investment News ————— www.MAREInet.com

 Education at MAREI
Member Orientation: This is a short 1 hour workshop we will be
offering for FREE for MAREI members. We will cover the benefits Registration Information
available to the MAREI members and walk you through the web PLEASE CHECK THE APPROPRIATE Workshop
site so you know how to log into the member area, create your
profile, view the profile of others, post a classified, and access our
online networking. Must be a Member of MAREI to register. Member Only Orientation Free for Members: Jan 17
Buying REO Properties for Members: $25
Saturday January 17th 8:30 am to 9:30 am
Buying REO Properties Non-Members: $50
Saturday February 21st 8:30 am to 9:30 am
Private Lending for Members: $25
115 E Gregory Boulevard, Kansas City, MO Private Lending for Non-Members: $50
Buying REO Properties: This is a 2 hour workshop devoted to
teaching: what an REO property is, where to find a list of REO
properties, pros & cons of using a buyer’s agents, how to make
offers, negotiation strategies, and more. If you want to take ad-
vantage of the record number of REO properties this workshop is _________________________________________________________
a great starting point. All attendees will receive a digital copy of a Name
sample bank addendum outlining the basics of an REO purchase
and what you need to watch for. This class is open to MAREI _________________________________________________________
members for $25 a person and the general public for $50 a per- Company
son.
Saturday January 17th 10:00 am to 12:00 pm _________________________________________________________
Address
115 E Gregory Boulevard, Kansas City, MO
Offered by Realty Resource of KC _________________________________________________________
City / State / Zip
Private Lending: This is a 2 hour workshop devoted to teaching:
what a private lender is, how to structure your private loans, how
to find private lenders, how to build your credibility. All attendees _________________________________________________________
will receive a digital copy of sample loan documentation. This Email Address
class is open to MAREI members for $25 a person and the gen-
eral public for $50 a person. _________________________________________________________
Saturday January 17th 1:00 pm to 3:00 pm Business Telephone Business Fax

115 E Gregory Boulevard, Kansas City, MO

Offered by Tucker One Properties Payment Information
Investing with your IRA: This is a 2 hour workshop devoted to Credit Card
teaching you the basics of investing with your IRA. We will cover
the 2 larger IRA custodians, who you can and can’t do business _______________________________________________________
with, how to buy and sell a house in your IRA, and how to lend Credit Card Account Number
money from your IRA. This class is open to MAREI members for
$25 a person and the general public for $50 a person.
$______________________________ ___________________
Saturday February 21st 10:00 am to 12:00 pm Total Amount Expiration Date

115 E Gregory Boulevard, Kansas City, MO

_______________________________________________________
Offered by Tucker One Properties
Name as it Appears on Card
Getting Started as a Bird Dog: This is a 2 hour workshop devoted
to teaching you: what a property bird dog does, how you can get
paid legally, how to build your buyer’s list, how to find motivated _______________________________________________________
Billing Address (if different from left)
sellers, and touch on becoming a Realtor. This class is open to
MAREI members for $25 a person and the general public for $50
a person. ______________________________________________________
Signature Date
Saturday February 21st 1:00 pm to 3:00 pm
115 E Gregory Boulevard, Kansas City, MO Check fax registration to 816-523-4448
Offered by Tucker One Properties Seating is very limited: only 12 per workshop.
Questions, please call 816-523-4400 x 222.
Seating is limited—register with form to the right or through the
Calendar online at www.MAREInet.com

www.MAREInet.com ———— Investment News ————— Page 13

 Wholesale . . . Continued from Page 4
So once you know what the typical investor will pay for a house,
then you are all set on your Third task of figuring out what to offer.
Just take the number we figured above that the investor will pay,
subtract out your profit and maybe just a bit more for a cushion
and you have a number to target for your purchase price.
But before you start actually making offers, your fourth step is to
find your money. I know, many of you are saying that if I am
wholesaling houses I am going to assign the property or double
close, what do I need money for?
So let’s step back a minute and define what assign or double
close means.
With an assignment, you get a property under contract to buy a
house at a particular price. Then you get a contract with someone
who wants to pay you a fee to take your place at closing.
An example might be that you have 123 Main St under contract to
purchase at $25,000 with Suzie Seller and Larry Landlord who is
willing to pay up to $28,000 for the property. You have a pur-
chase contract with Suzie Seller to buy at $25,000 and hen Larry
Landlord signs an assignment that says he will pay you $3,000 at
closing for the right to close in your place and pay Suzie Seller
$25,000. In this transaction on the HUD, both Suzie Seller and
Larry Landlord will know that you Willie Wholesaler are making
$3,000
Where the need to have money comes in would be when Larry
Landlord backs out the day before closing and you have to either
close on the property or extend the contract with Suzie Seller.
With a double close you have the same house at 123 Main St
under contract to purchase at $25,000 with Suzie Seller. You find
Larry Landlord who is really excited and ready to buy at $35,000
because the property is rented for $750 a month. But because
you don’t really want Suzie and Larry finding out that you are mak-
ing $10,000 in the middle as the wholesaler, you want to Double
Close. So you have two contracts: one for you to buy from Suzie
Seller and one for you to sell to Larry Landlord. You, Suzie, and
Larry all close on the same day and the funds that Larry brings to
closing to buy pays Suzie for your purchase with about $10,000
left over for you as profit.
But again, what if Suzie has to sell on that particular day or she
will back out of the contract with you and sell to someone else.
Further Larry wants to buy the house, but can’t quite get his fund-
ing put together until a few days after you are supposed to close.
If you don’t have the funding ready to go, you loose out on doing
the deal and making $10,000.
So you need to pay particular attention to step number 4: Finding
the Funding. You also need to find the funding, because many
times your buyers might need help in financing the purchase. If
you have funding lined up that your buyer can use, you may be
able to turn lookie lou phone calls in to actual buyers. So spend a
large portion of your time calling lenders at your Investor Club,
your networking groups, and out of your local phone books to line
Page 14 ———— Investment News —————
up some funding. I would try to find one or two of each of the
following:
1. FHA Lender for those few houses that could be sold
directly to the general public.
2. Hard Money Lender that would be willing to lend you
funds for a few days to a few weeks.
3. Mortgage or Bank Lender who will lend you the funds
for a longer term for those houses you might need to
buy and do a few minor repairs and sell in a few
months.
4. Private Lenders should be your main focus because
these will be your best source for cheaper funding if you
need to buy a property. Private Lending will be a topic
for another article on another day.
As you call and talk to all of these lenders, tell them what you are
doing, what kind of funding you might need or that your buyers
might need, and if they can’t help you ask them for referrals to
other lenders who might be able to help you.
You have one more homework step before you are ready to deal
with buyers and sellers and that is number six, finding the right
title company. If you don’t have a title company that is willing
and able to double close for you or to close an assignment con-
tract, then you will be very hard pressed to do deals. It is much
better to have this title company lined up in advance than trying
to find one to put a deal together for you quickly at the last min-
ute.
Further your title company needs to be investor and for sale by
owner friendly. Many companies in our area charge an extra fee
if there are no realtors involved and that could eat into your prof-
its. You also want a title company that is good at solving prob-
lems. If you wholesale more than one or two houses a year, you
will run into some major title issues sooner rather than later that
need to be dealt with.
Now you are ready to start the fun part of wholesaling. Building
your buyers list. I would start at your local REIA and if possible
using the old fashioned phone. If at all possible get a list of the
members and start calling them and asking them a few basic
questions:
1. Do you buy houses?
2. Do you have 5 minutes to talk?
3. Where do you buy?
4. What do you look for in a house?
5. Price range?
6. How many a year?
7. What is your end use? (Rehab flip, section 8 rental,
lease to own)
8. If I have a good deal how fast can you close?
9. How do I get a good deal in front of you?
10. Get their name and contact information.
I have tried email and found that it just does now work. You can
(Continued on page 15)
www.MAREInet.com
 Wholesale . . . Continued from Page 14
send out 1000 emails and you will more than likely get 2 or 3 peo-
ple respond back. Use the above information to build a contact
database online and devise a way to email out your deals as you
get them.
I would also invest some time in calling all the “I Buy Houses” ads
in the newspaper as well as the for rent by owner ads. Then I
would learn how to market houses through your local REIA group
both at meetings and online and find some national online outlets
for marketing properties. The best online place I have found is
craigslist.com.
On your buyer’s list you want to add everyone who says they
would like to be notified of properties, but I would also try to build
a special buyers list of people that are cash buyers and could
close in less than a week if you find them a good deal. As you do
deals, add to this special list the people who do buy houses. I
would contact this special list first and give them a 24-hour head
start before sending out the property to your full list.
Along the way in getting this far you have probably talked to a lot
of people: contractors, inspectors, lenders, realtors, property
manager, etc. Be sure to keep all of them in a database of ser-
vice providers so when your buyer’s ask, and they will, you have
some key contact to share with them.
Now at step number 8 you need to figure out how you are going to
find deals. If you look at all the training programs out there, this is
where they devote the majority of their time in training you.
They talk about what a motivated seller is and what they do to find
that very motivated seller:
• Larry Goins mainly hires buyers to sit and call For Sale
and For Rent by owners in the newspaper.
• Scott Rister likes to mail a series of letters and postcards
to out of stat owners, code violation lists, and owners in
eviction court among others. He is focusing mailing on
rental properties and junkers.
• Kathy Kennebrook also likes the direct mail approach
also and mails to out of state owners on higher end
homes, homes in probate, and nicer areas.
• Than Merrill program takes a multi approach from direct
mail to people in foreclosure, to bandit signs, to buying
leads.
There are virtually 100’s of ways to find motivated sellers and get-
ting them to call you. For example as I am writing this paragraph
above, Larry Goins has an auto dialer to call up people who have
given him their contact information in some way and this auto di-
aler just called me to promote his latest training. You could set up
an auto dialer with a message on how you buy houses and set it
up to call all the for sale and for rent buy owners and direct them
back to your web site for more information.
Take a little time and review all the articles and tele-seminars
online devoted to wholesaling and finding motivated sellers and
you will get a very good idea of things you can use to find the
deals. Then pick three or four methods based on the money you
have to devote to finding deals and implement them. Don’t get
discouraged if a deal does not fall in your lap.
www.MAREInet.com ———— Investment News —————
It could take 2 to 3 months or more to get the right deal in front of
you. This may be because your marketing plan or your finding
plan needs to be learned and you need to practice a bit. Also
many times a person may not call you the first time you contact
them or they see your sign. They may need to “hear” from you
through a sign, letter, phone call, email, web site several times
before they get up the courage to call you.
Now this last part in getting the sellers to contact you is probably
the most important. You need to have a phone number (local if
you are working inner city), a web site, and an email to provide
them several ways to find you and learn more. And be sure that
if you get a phone call or an email to contact them back as soon
as possible, because if they are ready to sell today and you don’t
call them back, they will find another potential buyer or a realtor
and go with them. Once they raise their hand and say, please
help me with my problem, you have about a 12 hour window if
that to get back with them before they either change their minds
or go with someone else.
Now you have all the basics you need to decide if you want to
wholesale houses. I would still recommend doing a little more
homework with a book from the book store, information from
online or a training course or two. My team and I bought and
sold about 23 house in 2008 and 17 in 2007 on a part time basis
and we have been working on perfecting the first 8 steps since
the year 2000. We have attended many training events and pur-
chased several training courses and talked to other active whole-
sale investors in order to tweak our system and we continue to
make improvements. Take the time to utilize the free or low cost
training offered by your local Real Estate Investor Association
and don’t be afraid to ask questions on those online networking
boards.
As you can see you can’t do it all in a 10-minute phone call and a
Realtor is not going to be able to do it for you. So far with this
brief overview I see we are up to about 4 pages. So set aside
some time and start working on the steps.
About the Author: Kim Tucker is an Investor and Real Estate
Broker in the Kansas City Market. Along with her husband Don,
they have been investing in Kansas City Real Estate since 1999.
You can find more about Kim online by visiting her blog at
www.TuckerOne.wordpress.com or you can reach her by phone
at 816-523-4400. Currently in 2009 the Tuckers are buying and
wholesaling a house or two each month and focusing their efforts
currently on building their real estate brokerage
www.RealtyResourceKC.com that caters to the Kansas City
Real Estate Investor.
Page 15
 Saturday February 14th
Mark Your Calendar Lee’s Summit Investors Breakfast

KC Northland Cash Flow Club Evening

Saturday January 17th
Member Orientation Workshop Wednesday February 18th
Buying REO Properties Workshop Northland Investor Lunch
Private Lending Workshop
See page13 Saturday February 21st
Member Orientation Workshop
Wednesday January 21st Investing with your IRA Workshop
Northland Investor Lunch Getting Started as a Bird Dog
Monday January 26th Monday February 23rd
Kansas City Metro Investors Lunch Kansas City Metro Investors Lunch
February 7th—Week End Please visit the Calendar
National REIA Cruise Online at www.MAREInet.com
For other events
Tuesday February 10th Times & Location
General Meeting Registration
Legal Eagle Night
with 2 of MAREI’s Attorney Members

General Meeting
Real Estate Questions
Overland Park Marriott
Do you have questions? 10800 Metcalf
Not sure how something works? 110th & Metcalf, S of I435
Need to find a service provider? Tuesday January 13th, 2009
Can’t remember a name or a contact?
We have several sources for answers and
Wholesale Investing
they all start with our web site: Case Studies
www.MAREInet.com
Registration, Networking, and Vendor
Trade Show open at 6 p.m.
Read Articles & Past Newsletters See page 4 for more information.
Listen to Recorded Meetings & Teleconferences
Check the Vendor’s Online
Online Forums linked from Web Site
KCREI on Yahoo Groups
http://kcrealestateinvesting.ning.com/
Member’s Only Forums
Member’s Only Profiles

You will probably find your questions discussed in an arti-

cle or recording or answered in a past question on the fo-
rums. Ask again and get even more answers.