Why Invest in Kansas City
Content
Buying or Selling Property? MAREI members post properties on their own free website.
Properties flow through to the MAREI website where they are sent out to the Member Database and the MAREI Facebook pages. If you are buying, please check the MAREI website
at www.MAREI.org if you are selling, please join and market your property
INVESTMENT NEWS
Mid-America Association of Real Estate Investors Newsletter
March 2015
Ten Reasons to Invest in
Kansas City
VISIT
Kansas City
“Kansas City, Mo., is increasingly becoming a national hub for entrepreneurs,” said Pete Fullerton, president and CEO of the Economic Development Corporation of Kansas City.
But is it a good place for real estate investors to park their money?
Well we would like to think so because if the city and the region as there
are quite a few cities in the area are growing for entrepreneurs as well as
big companies, that means more people will be coming here to live. More
people moving here for new jobs or to start their new company means
more people buying houses and needing places to rent.
2nd Tuesday Monthly
6pm to 9pm
Networking
Speaker
Active Social Media
Facebook
Google Plus
LinkedIn
See MAREI.org
So why is Kansas City – MISSOURI so awesome?
As an aside – if you don’t know our region has two Kansas Cities – one is
on the Missouri side and where we are discussing today, the other is on
the Kansas Side.
(Continued on page 2)
FREE BONUS!
How to Get Started Wholesaling
on the MAREI Facebook Page:
Direct Link: MAREI.org/411
Member
Benefits
Monthly Meetings
Monthly Seminars
Local & National
Events
FREE Website*
Member Library
Member Newsletter
Member Property
Marketing
Local & National
Vendors
Local & National Discounts
Social Media Pages
for Members to
Connect & Market
National Legislative
Watch Keeps You
Informed and
Protects Our Industry
Membership
Annual $99
Internet Only $50
Business $499
Monthly & Quarterly
Payment Plans
CHAPTER
(Continued from page 1)
So let’s take a look at the Top Ten Reasons why Kansas City is great . . .
1. Everyone Meets in the Middle: Kansas City has long been considered a
fly over state. There is not a lot here, but it is fairly centralized east to west
and north to south in the US. So it has become a great connector for shipping
and is by far the largest rail network by tonnage.
2. Everyone is Smart in Kansas City: Ok, so maybe not, but Kansas City
does have quite a few major research institutions like Stowers Institute for
Medical Research, KU Cancer Center and many other cutting edge new companies. The region is working to attract bio research and tech start ups and
Kansas City is the first city to have Google Fiber, creating even more buzz.
3. We are very cultural: Just last week, the Kansas City Star reported the
millions of dollars that is generated in the region by the arts. One quote from
the article: “We really have had a cultural renaissance in the past 10 to 15
years,” said Harlan Brownlee, president and CEO of ArtsKC. “The state of the
arts is really pretty good. We are in a lot of top five and top 10 lists in comparisons among regions. People are spending more per capita than anticipated,
and demand is higher.”
4. Downtown is coming back: Many major metro areas have already revived their downtowns. Kansas City’s downtown has been struggling to revived. Many projects put in place before 2008 are just now starting to bear
fruit as Millennials are moving downtown and in turn new and innovative companies are moving downtown. So while the city is slow to catch up with other
cities, right now is when we are starting to see it happen, so investors are getting in on the ground floor of the future Kansas City.
5. Everything is up to date in Kansas City: Again because of Google Fiber, we are getting a lot of new high tech start ups and PC Magazine named
the city as one of the top cities for High Tech.
6. Everything is bigger in Kansas City: We have a lot of major corporations, names you probably have seen in the news or in stores . . . like Hallmark, Russell Stover, Sprint, Burns & McDonald, Cerner, Garmin and many
more.
7. It’s cheap here: Well not cheap, but Kansas City does have a very low
cost of living compared to the national average. According to Forbes Magazine, Kansas City is more than 3% lower than the national average.
8. Slow and steady wins the race: If you look at housing you will see that
our prices did not have huge growth before 2008 and when the housing market collapsed, we really didn’t see huge losses. So investment dollars in the
Kansas City housing market, will be fairly steady as the region saw between
3% and 3.5% growth since 1975.
9. Affordable housing costs: If you look at the average house price in Kansas City you are looking at $160,000 on average and $105,500 at the median. However if you are looking in the rental markets that number goes
down. You can purchase a house in Kansas City that is 100% move in ready
and quite often already rented for anywhere from $20,000 and up. We feel the
(Continued on page 4)
BUSINESS
directory
Service
Company
Contact
Phone
Web
Auction Company
Cates Auction
Staff
816-781-1134
CatesAuction.com
Contractor
Building Trades
Robert Massey
816-868-1817
Contractor
Discover Heating & Air
Curt Whitlock
816-500-2970
Discover HVAC.net
Contractor Supply
Home Depot
Sharon Beck
913-313-8912
HomeDepot.com
Contractor Supply
Odor Universe
Mike Riddle
816-718-9136
OdorUniverse.com
Contractor Supply
Sherwin Williams
Mike Steiner
816-589-8506
SherwinWilliams.com
Hard Money
Crossroads Investment Lending
Staff
913-766-2900
CrossroadsInvestmentLending.com
Hard Money
Great Plains Funding
George Hersch
913-735-6605
GreatPlainsFunding.com
Hard Money
Investor Choice Funding
Dave Williams
303-500-7088
InvestorsChoiceFunding.com
Hard Money
Kansas City Investor Funding
JJ Pawlowski
816-916-4593
KCInvestorFunding.com
Hard Money
Longhorn Investments
Mike Friedl
913-634-6386
LonghornInvestments.com
Home Buyer
kcmoHomeBuyer
Scott Tucker Tucker
816-200-2198
kcmoHomeBuyer.com
Insurance
Asset Protection Insurance
Lisa Goodner
877-752-2742 APIAProtects.com
Investor
3B Real Estate Investments
Bob Hult
913-940-0992
3BREI.com
Mortgage
Pulaski Bank
Beth Langston
816-234-8660
PulaskiBank.com
Realty
Realty Resource
Staff
816-523-4400
RealtyResourceKC.com
Realty & Management
Arrow Realty
Candace Davis
913-956-5003
ArrowRealtyKC.com
Realty & Management
Executive Asset Realty Group
Jim Goodwin
816-866-1159
ExecutiveAssetRealty.com
Realty & Management
Home Rental Services
Kandy Meehan
913-469-6633
Home4Rent.com
Realty & Management
Jamieson Home Team
Kevin Jamieson
913-384-8331
JaimesonHomeTeam.com
Security
COPR Security
Geoff Miles
816-398-4045
COPRcage.com
Title & Escrow
Accurate Title
David Green
913-338-0100
AccurateTitleCo.com
Title & Escrow
Alpha Title
Patsy Archer
913-498-8999
AlphaTitleLLC.net
Title & Escrow
Continental Title
Sharon Bower
913-744-7011
CTitle.com
Turn Key & Wholesale
KCInvest
Don Tucker
913-735-0118
KCInvest.com
See full details on all Business Associates at MAREI.org/Business-Directory/
Mid-America Association of Real Estate Investors does not render legal, tax, economic or investment advice. All programs, properties and services are provided with the understanding that Association is not engaged in rendering legal, tax,
or other professional services. If legal, tax or other expert assistance is required, the services of a competent professional
should be sought. Everyone should complete their own due diligence!
In March: Wholesaling Houses With Vena Jones Cox
(Continued from page 2)
sweet spot in good working class neighborhoods is between $40,000 and $70,000, and you can find a very good
supply of houses for your rental portfolio.
10. Show Me the Money: Kansas City like many mid-western cities can return an excellent return on investment
based on the risk the investor is willing to accept. From a solid and steady 10 percent in more stable higher priced
neighborhoods, 10 to 12% in solid blue collar neighborhoods and 12 to 20% in our urban core neighborhoods. It all
depends on the investors risk tolerance and selection of on the ground teams.
We invite you to take a good look at Kansas City. One of the best reports out there continues to be the Real Estate
Report for Metropolitan Kansas City from Block Real Estate Services and if you want to drill down to the metro residential numbers you can visit the Kansas City Regional Association of Realtors for local stats.
This article written by Kim Tucker and posted the KCInvest blog.
To read this article with live links to much of the data sited in
this article as well as the report from Block and to
KCRAR.com please visit www.KCInvest.com
The team would love to hear from you one why you invest in Kansas City and if you
have a question about Kansas City, please visit them online to ask as well as to see
FREE BONUS!
one of the many cash flowing rental properties available for sale. You can
Today’s Note Business reach the team both at www.KCInvest.com or by phone at 913-735-0018 and
A Webinar & 5 Day e– Course:
find them on Facebook and LinkedIn.
Direct Link: MAREI.org/Eddie
NoteSchool in Kansas City
March 6, 7 & 8
A Trade Association for
Real Estate Professionals
Member
Discounts
For landlords, wholesalers, rehabbers, note sellers, multifamily investors,
exchangers or anyone else who use real estate as a way to build
wealth. We welcome full time investors as well as those just getting started or people who provide a product or service to the industry.
Home Depot 2% Rebate
Sherwin Williams Discount Card
Office Depot Max Discount Card
Rentals.com 20% Off Reg Price
ISC Tenant Screening
More . . . .
With something for everyone from beginner to pro!
The experienced real estate professional will find the support they need stay informed of the issues and tools to take action. The new investor will find the education they need to get started and the products, services and connections to build
profitable businesses. The product or service provider that caters to the real estate industry will find active professionals who need their services. And everyone
benefits from our community, from live meetings and events to our very vibrant
social media destinations. Please join us . . . .
Contact Us
Learn more about
Mid-America Association
of Real Estate Investors
Meeting Location
Chapter of National REIA
MAREI Meets every 2nd Tuesday at the Holiday Inn & Suites at 8787 Reeder
Road in Overland Park, KS. Conveniently located just off 69 & I35 Highways
at 87th Street.
Kansas City Office
8014 State Line Rd,
Suite 210
Leawood, KS 66208
Meeting Agenda
6:00 pm: Networking & Vendors
6:00 pm: Announcements & Introductions
7:30 pm: Why (& how) You Should Buy & Hold with Stewardship Properties
9:30 pm: Late Night Networking in the Lounge
February Meeting on 8th Floor in Sunset Ballroom
(913) 815-0111
[email protected]
Visit us on the web at
www.MAREI.org
Properties flow through to the MAREI website where they are sent out to the Member Database and the MAREI Facebook pages. If you are buying, please check the MAREI website
at www.MAREI.org if you are selling, please join and market your property
INVESTMENT NEWS
Mid-America Association of Real Estate Investors Newsletter
March 2015
Ten Reasons to Invest in
Kansas City
VISIT
Kansas City
“Kansas City, Mo., is increasingly becoming a national hub for entrepreneurs,” said Pete Fullerton, president and CEO of the Economic Development Corporation of Kansas City.
But is it a good place for real estate investors to park their money?
Well we would like to think so because if the city and the region as there
are quite a few cities in the area are growing for entrepreneurs as well as
big companies, that means more people will be coming here to live. More
people moving here for new jobs or to start their new company means
more people buying houses and needing places to rent.
2nd Tuesday Monthly
6pm to 9pm
Networking
Speaker
Active Social Media
Google Plus
See MAREI.org
So why is Kansas City – MISSOURI so awesome?
As an aside – if you don’t know our region has two Kansas Cities – one is
on the Missouri side and where we are discussing today, the other is on
the Kansas Side.
(Continued on page 2)
FREE BONUS!
How to Get Started Wholesaling
on the MAREI Facebook Page:
Direct Link: MAREI.org/411
Member
Benefits
Monthly Meetings
Monthly Seminars
Local & National
Events
FREE Website*
Member Library
Member Newsletter
Member Property
Marketing
Local & National
Vendors
Local & National Discounts
Social Media Pages
for Members to
Connect & Market
National Legislative
Watch Keeps You
Informed and
Protects Our Industry
Membership
Annual $99
Internet Only $50
Business $499
Monthly & Quarterly
Payment Plans
CHAPTER
(Continued from page 1)
So let’s take a look at the Top Ten Reasons why Kansas City is great . . .
1. Everyone Meets in the Middle: Kansas City has long been considered a
fly over state. There is not a lot here, but it is fairly centralized east to west
and north to south in the US. So it has become a great connector for shipping
and is by far the largest rail network by tonnage.
2. Everyone is Smart in Kansas City: Ok, so maybe not, but Kansas City
does have quite a few major research institutions like Stowers Institute for
Medical Research, KU Cancer Center and many other cutting edge new companies. The region is working to attract bio research and tech start ups and
Kansas City is the first city to have Google Fiber, creating even more buzz.
3. We are very cultural: Just last week, the Kansas City Star reported the
millions of dollars that is generated in the region by the arts. One quote from
the article: “We really have had a cultural renaissance in the past 10 to 15
years,” said Harlan Brownlee, president and CEO of ArtsKC. “The state of the
arts is really pretty good. We are in a lot of top five and top 10 lists in comparisons among regions. People are spending more per capita than anticipated,
and demand is higher.”
4. Downtown is coming back: Many major metro areas have already revived their downtowns. Kansas City’s downtown has been struggling to revived. Many projects put in place before 2008 are just now starting to bear
fruit as Millennials are moving downtown and in turn new and innovative companies are moving downtown. So while the city is slow to catch up with other
cities, right now is when we are starting to see it happen, so investors are getting in on the ground floor of the future Kansas City.
5. Everything is up to date in Kansas City: Again because of Google Fiber, we are getting a lot of new high tech start ups and PC Magazine named
the city as one of the top cities for High Tech.
6. Everything is bigger in Kansas City: We have a lot of major corporations, names you probably have seen in the news or in stores . . . like Hallmark, Russell Stover, Sprint, Burns & McDonald, Cerner, Garmin and many
more.
7. It’s cheap here: Well not cheap, but Kansas City does have a very low
cost of living compared to the national average. According to Forbes Magazine, Kansas City is more than 3% lower than the national average.
8. Slow and steady wins the race: If you look at housing you will see that
our prices did not have huge growth before 2008 and when the housing market collapsed, we really didn’t see huge losses. So investment dollars in the
Kansas City housing market, will be fairly steady as the region saw between
3% and 3.5% growth since 1975.
9. Affordable housing costs: If you look at the average house price in Kansas City you are looking at $160,000 on average and $105,500 at the median. However if you are looking in the rental markets that number goes
down. You can purchase a house in Kansas City that is 100% move in ready
and quite often already rented for anywhere from $20,000 and up. We feel the
(Continued on page 4)
BUSINESS
directory
Service
Company
Contact
Phone
Web
Auction Company
Cates Auction
Staff
816-781-1134
CatesAuction.com
Contractor
Building Trades
Robert Massey
816-868-1817
Contractor
Discover Heating & Air
Curt Whitlock
816-500-2970
Discover HVAC.net
Contractor Supply
Home Depot
Sharon Beck
913-313-8912
HomeDepot.com
Contractor Supply
Odor Universe
Mike Riddle
816-718-9136
OdorUniverse.com
Contractor Supply
Sherwin Williams
Mike Steiner
816-589-8506
SherwinWilliams.com
Hard Money
Crossroads Investment Lending
Staff
913-766-2900
CrossroadsInvestmentLending.com
Hard Money
Great Plains Funding
George Hersch
913-735-6605
GreatPlainsFunding.com
Hard Money
Investor Choice Funding
Dave Williams
303-500-7088
InvestorsChoiceFunding.com
Hard Money
Kansas City Investor Funding
JJ Pawlowski
816-916-4593
KCInvestorFunding.com
Hard Money
Longhorn Investments
Mike Friedl
913-634-6386
LonghornInvestments.com
Home Buyer
kcmoHomeBuyer
Scott Tucker Tucker
816-200-2198
kcmoHomeBuyer.com
Insurance
Asset Protection Insurance
Lisa Goodner
877-752-2742 APIAProtects.com
Investor
3B Real Estate Investments
Bob Hult
913-940-0992
3BREI.com
Mortgage
Pulaski Bank
Beth Langston
816-234-8660
PulaskiBank.com
Realty
Realty Resource
Staff
816-523-4400
RealtyResourceKC.com
Realty & Management
Arrow Realty
Candace Davis
913-956-5003
ArrowRealtyKC.com
Realty & Management
Executive Asset Realty Group
Jim Goodwin
816-866-1159
ExecutiveAssetRealty.com
Realty & Management
Home Rental Services
Kandy Meehan
913-469-6633
Home4Rent.com
Realty & Management
Jamieson Home Team
Kevin Jamieson
913-384-8331
JaimesonHomeTeam.com
Security
COPR Security
Geoff Miles
816-398-4045
COPRcage.com
Title & Escrow
Accurate Title
David Green
913-338-0100
AccurateTitleCo.com
Title & Escrow
Alpha Title
Patsy Archer
913-498-8999
AlphaTitleLLC.net
Title & Escrow
Continental Title
Sharon Bower
913-744-7011
CTitle.com
Turn Key & Wholesale
KCInvest
Don Tucker
913-735-0118
KCInvest.com
See full details on all Business Associates at MAREI.org/Business-Directory/
Mid-America Association of Real Estate Investors does not render legal, tax, economic or investment advice. All programs, properties and services are provided with the understanding that Association is not engaged in rendering legal, tax,
or other professional services. If legal, tax or other expert assistance is required, the services of a competent professional
should be sought. Everyone should complete their own due diligence!
In March: Wholesaling Houses With Vena Jones Cox
(Continued from page 2)
sweet spot in good working class neighborhoods is between $40,000 and $70,000, and you can find a very good
supply of houses for your rental portfolio.
10. Show Me the Money: Kansas City like many mid-western cities can return an excellent return on investment
based on the risk the investor is willing to accept. From a solid and steady 10 percent in more stable higher priced
neighborhoods, 10 to 12% in solid blue collar neighborhoods and 12 to 20% in our urban core neighborhoods. It all
depends on the investors risk tolerance and selection of on the ground teams.
We invite you to take a good look at Kansas City. One of the best reports out there continues to be the Real Estate
Report for Metropolitan Kansas City from Block Real Estate Services and if you want to drill down to the metro residential numbers you can visit the Kansas City Regional Association of Realtors for local stats.
This article written by Kim Tucker and posted the KCInvest blog.
To read this article with live links to much of the data sited in
this article as well as the report from Block and to
KCRAR.com please visit www.KCInvest.com
The team would love to hear from you one why you invest in Kansas City and if you
have a question about Kansas City, please visit them online to ask as well as to see
FREE BONUS!
one of the many cash flowing rental properties available for sale. You can
Today’s Note Business reach the team both at www.KCInvest.com or by phone at 913-735-0018 and
A Webinar & 5 Day e– Course:
find them on Facebook and LinkedIn.
Direct Link: MAREI.org/Eddie
NoteSchool in Kansas City
March 6, 7 & 8
A Trade Association for
Real Estate Professionals
Member
Discounts
For landlords, wholesalers, rehabbers, note sellers, multifamily investors,
exchangers or anyone else who use real estate as a way to build
wealth. We welcome full time investors as well as those just getting started or people who provide a product or service to the industry.
Home Depot 2% Rebate
Sherwin Williams Discount Card
Office Depot Max Discount Card
Rentals.com 20% Off Reg Price
ISC Tenant Screening
More . . . .
With something for everyone from beginner to pro!
The experienced real estate professional will find the support they need stay informed of the issues and tools to take action. The new investor will find the education they need to get started and the products, services and connections to build
profitable businesses. The product or service provider that caters to the real estate industry will find active professionals who need their services. And everyone
benefits from our community, from live meetings and events to our very vibrant
social media destinations. Please join us . . . .
Contact Us
Learn more about
Mid-America Association
of Real Estate Investors
Meeting Location
Chapter of National REIA
MAREI Meets every 2nd Tuesday at the Holiday Inn & Suites at 8787 Reeder
Road in Overland Park, KS. Conveniently located just off 69 & I35 Highways
at 87th Street.
Kansas City Office
8014 State Line Rd,
Suite 210
Leawood, KS 66208
Meeting Agenda
6:00 pm: Networking & Vendors
6:00 pm: Announcements & Introductions
7:30 pm: Why (& how) You Should Buy & Hold with Stewardship Properties
9:30 pm: Late Night Networking in the Lounge
February Meeting on 8th Floor in Sunset Ballroom
(913) 815-0111
[email protected]
Visit us on the web at
www.MAREI.org
