All Forum Posts by: Kim Tucker

Tony approaches sellers on the Hidden Market with 3 questions:

1. Have you ever considered selling?
2. Do you know someone in the area who might need to sell?
3. Do you know of any vacant properties in the area?

Using these 3 questions on his route of target properties with the sellers and their neighbors as well as the random distressed property he comes across he is able to consistently find 30 Hidden Market Properties in a day.
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One of the keys to finding deals on the Hidden Market is to understand that "Life Happens" and once you understand life happens you can use these situations to target properties and sellers, plot a course and find people who need your help.

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Here’s what you’ll learn in Saturday’s “Hidden Market” seminar from long time investor Tony Youngs:

Part One: Developing Your Plan

• Introduction to the Hidden Market: It's important to understand the thought behind finding houses that are not on a list somewhere and that no one else knows about. If you joined us at Tuesday's Meeting last week, you are ahead of the game.
• How to Plot Your Course: It's more than just aimlessly driving for dollars in areas you want to buy, but planning your initial target properties so you know where to go.
• How to Find 30 Hidden Market Properties in One Day: If you have a plan and a system, you can do this consistently, over and over.
• Hidden Market Characteristics: What to look for as you are driving your course, it is often more than just high grass and overgrown bushes.

Part Two: The Research

• Master the Tax Assessor Info: Knowing how to use this office, hopefully online, can help you located owners, even if they don't live in the target property.
• Do Your Own Title Search: Why waste time and money, learn how to do a title search for little to no money.
• Court House Records: There is a ton of info in public records and the courthouse can yield a treasure trove: Probates, Bankruptcies, Divorce, Judgments, and more.
• Buyers List: Learn how to build a list of buyers, because you can't always buy the house because you already have too many deals going or it's just not quite your type of property.

Part Three: Assessing the Property

• Running Comps: How to figure out a realistic value, even if you are not a Realtor with access to the MLS, there are quality tools to help you.
• Inspection Walk-Throughs: What to look for as you walk through the house with the seller to help you negotiate a better price.
• Estimating Repairs: Learn how Tony estimates repairs

Part Four: Keys to Success

• Fears: What if they say no . . . or worse, they say yes, now what. How to overcome your fears and just go do it.
• The Offer: Formulating your offer from the seller's point of view for a better outcome and more accepted offers.
• Fast Cash: Because not everyone can rehab or hold all deals for rental, knowing how to wholesale a house and do it legally is a must.
• Rehabbing: How to get them renovated to flip retail or to hold as a rental. Yes, there are flipper properties and BRRRR properties on the Hidden Market.
• Owner Financing: When seller financing might be an option

This all-day seminar is on Zoom and will be recorded. If you miss a part or want to go back through a section, you will have access to the replay. Tony will also be taking time throughout the day to cover your questions and because we are on zoom, we will all get to learn from each other's questions.

Join us this Saturday, June 19th from 9 am to 4 pm Central Standard - Kansas City / Chicago Time. 

Click Here to Reserve your seat or call Kim at 913-815-0111.

*$59.00 is the Early Bird Member Price, this price will go up Wednesday. Non-Member Early Bird Price is $79 and if you would like to join and save the $20, we have memberships from $25 a month to $99 a year. And starting in July we will have an in-person monthly meeting and a virtual meeting.

** Note that Tony will be coming back to Kansas City for a live and in-person 3-day Training on July 31, August 1, & August 2nd as a follow-up to this 1-day virtual class.

As always our monthly meeting is FREE for members of MAREI and 1st Time Guests.  All others can join for as little as $25 a month or pay a $25 guest fee.

With Low Inventory and Houses Selling in Just Hours, There are Still Deals!

They are On the Hidden Market . . . You Have to Know Where to Look and How to Solve Problems.

If you are tired of the bidding wars that are the norm in today’s market, then maybe it’s time to try something different and we have invited long time real estate investor and trainer, Tony Youngs to join us at this last Virtual MAREI meeting to share how he finds and acquires distressed properties every week from the Hidden Market that he can then buy to rehab or wholesale on to other investors.

Register at http://www.marei.org/junemtg/

***All Events Open to the Public***

Agenda for Meeting:

5:30pm Central: Networking Tech Check: Log in early to make sure all your tech is working correctly.
6:00pm Central: Networking with Zoom Breakout Rooms: Meet the Right People and make connections in small groups of 3 to 5!
6:30pm Central: Main Meeting Begins
— Local Market Update: Hear what is actually happening in the Kansas City Market from Local Investors & Providers!
— Continued Networking: Share your deals in the chat!
— Industry Partner Introductions: Build Your Dream Team!
7:00pm Central: The Hidden Market, Tony Youngs
8:40pm Central: Q & A
9:00pm Central — Meeting After the Meeting

Register at http://www.marei.org/junemtg/

Plus full-day workshop June 19th
http://www.marei.org/junetraining/

This is our last Virtual Main Meeting - we go back to in-person in July.

There are 650,000 Airbnb hosts worldwide, competing to book about 43.3 million travelers on the platform. Less than 7% of hosts qualify as “Superhost”. Less than 0.04% of those hosts have been invited into the Airbnb Plus program. What if you could open your vacation rental business with the basic knowledge needed to start at the top right away?

Elizabeth Sickels is joining us on Saturday, May 1st to outline the items you need to know and understand to successfully start your vacation rental business with confidence. Or, to optimize your current business. Just a few of the topics she will be sharing so you can leverage the knowledge of an Airbnb Superhost.

Evaluation
Systemization
Design & Furnishing
Business Development
Client Acquisition
Regulations & Taxes
Guest Hospitality
Expert Guidance

MAREI Members save at least $20. Not yet a member? Join now to save on this and future events and to attend most monthly meetings at no charge.

Get all the details and register to attend at http://www.marei.org/aprilworkshop/

I really hope you can make the MAREI meeting tomorrow night (4/12 at 6pm). We will be talking about Airbnb Rentals.  And no they don't have to be in Kansas City, they could be anywhere.

Our Networking Break Outs is a great time to meet new people and make connections and Airbnb Rentals as a side gig works for a lot of folks for extra money or a side business.

Be sure to reserve your seat asap at www.MAREI.org, it takes the system a minute to send access, so registering early is a good idea.

Kim

Short Term Rentals (aka AirBnB) can generate double or more of the Gross Income of Traditional Rentals, But That’s Just PART of the STORY!

Learning The “Numbers” of Short-Term Rentals as InvestmentBefore you decide to purchase a property for short-term rental or convert an existing rental to short-term, you need to get the whole story so you can anticipate the REAL numbers.

From furnishings all the way down to silverware to daily management, to extra maintenance and monthly costs, these are all factors that SHOULD be considered as you crunch your numbers.

Make sure you join us at MAREI on April 13th to get the skinny with experienced short-term rental provider and manager, Elizabeth Sickles.

Register at www.MAREI.org/AprilMtg

***All Events Open to the Public*

**5:30pm Central: Networking Tech Check: Log in early to make sure all your tech is working correctly.
6:00pm Central: Networking with Zoom Breakout Rooms: Meet the Right People and make connections in small groups of 3 to 5!
6:30pm Central: Main Meeting Begins
— Local Market Update: Hear what is actually happening in the Kansas City Market from Local Investors & Providers!
— Continued Networking: Share your deals in the chat!
— Industry Partner Introductions: Build Your Dream Team!
7:00pm Central: The Numbers You Need to Know in Short Term Rentals with Elizabeth Sikles
8:30pm Central: Q & A
9:00pm Central — Meeting After the Meeting

Elizabeth will be presenting a 1/2 day workshop for those that want to dig into being a Super Host on Airbnb and getting there when starting from scratch.  She also has a training course for those that might want more.

TONIGHT's the night in Kansas City - but we are VIRTUAL so while I will be sitting in Kansas City at this MAREI meeting you can attend and be sitting anywhere the internet or phone connections reach.  So if you are out in the backwoods - sorry.

5:30  Set up and Tech Check on Zoom

6:00 Networking Break out Sessions - small groups of 3 to 4 people for speed networking

6:30 Kansas City Market Updates

7:00 The One Thing You Need to do to Build an Insanely Profitable Business that YOU LOVE with our Special Guest Star, Guru to the Guru's, the Real Estate Investor Coaches Coach - @Shaun McCloskey from St Louis Missouri

8:30 Q & A 

Share Your Deals, your Shares, and your Asks via the break out sessions at 6:00 and the chat and be sure to save chat for follow up tomorrow!

Event is on Zoom and we have filled well over 1/2 of our Zoom Seats.  If we hit 300 registered, we will broadcast live on Facebook.

It's morning. The room is getting brighter . . . do you
A. Throw back the covers with the excitement 😊😊 of tackling a new day . . .
B. 😟 Groan and hope you can sleep through the ⏰ alarm . .

If your answer is B, maybe your SUCCESS IS KILLING YOUR HAPPINESS and you need to step back and redesign your business and your life.

#LivetheLifeYouLove #MAREI
Read our guest author, Shaun McCloskey, in this months newsletter
https://issuu.com/mareistaff/docs/marei_2021_february_newsletter/s/11685469