Kansas City Real Estate Blog

Multi-family Short Sale in Kansas City Metro Just Listed

Paul Surles (Realty Resource, LLC) — Mon, 02 Nov 2009 13:36:40 -0600

Just listed! Take a look at this great 4-plex located at 230 W Kump Ave in Bonner Springs, KS and property management is already in place. Visit our website to see the video, many photos and details we have for you.

Looking for financing? We have a local lender who would be glad to take a look at financing qualified buyers!

3 out of 4 units already rented!

Potential Rental Income: $22,800
Less Operating Expenses: $7,241
Net Operating Income: $15,559
Cap Rate: 11.53

Have investment property you would like to sell? Looking to buy investment property? Call Paul Surles at 913-488-7588 to talk about your goals and see if we can help.

Paul Surles
Realty Resource, LLC
www.PaulSurles.com
Paul@PaulSurles.com

Have Retirement Funds from Your Previous Employer?

Paul Surles (Realty Resource, LLC) — Mon, 19 Oct 2009 15:09:17 -0500

For the millions of people who've been layed off because of corporate downsizing, there is one bright spot. . .you can likely rollover the funds in your former employer's 401k into a self-directed IRA. This gives you lots more options in addition to the usual stocks and mutual funds. And, this can be done with no early-withdrawal or penalties. A custodian who has a wealth of experience and has a good track record with us in helping people with rollovers is Equity Trust Company.

We have been talking more and more lately with fellow Realtors in our local market and throughout the country about the importance of working with an experienced professional who has helped investors through the process of the rollover and all the way through purchasing real estate in their self-directed IRA.

We'll provide a case study below about how you can purchase a turn-key rental investment in Kansas City with your self-directed IRA and keep it as a long-term rental property.

The property will have approximately 25% in instant equity. Based on it's net operating income, it's set to be paid off in less than 10 years. Your IRA can purchase the property before or after all the repairs have been completed so that it's ready to rent. For this example, let's assume you purchase it when it's ready to rent.

Retail price: $80,000

Your self-directed IRA purchases the property at a discount: $56,000

Instant Equity: $24,000

Gross Rental Income: $8,400

Less 10% Vacancy: $840

Effective Rental Income: $7,560

Less Operating Expenses (taxes, maintenance, insurance, property management): $2,612

Net Operating Income (NOI): $4,948

Cash-on-Cash Return: 9%

How many years will it take in NOI to replinish the initial investment of $56,000? 11 ----- YEAH!!!!!

This is an example of what you can do with real estate in your IRA. Obviously, the numbers can and probably will vary based on market conditions, rent increases, vacancy fluctuations, etc.

For more information about how to invest with your self-directed IRA with Kansas City real estate investments, contact Paul Surles at 913-488-7588 or e-mail me at psurles@gmail.com. We also have information about Kansas City real estate investing, earning passive income with your self-directed IRA and much more on our website.

Funding Now Available for Kansas City Rental Properties

Paul Surles (Realty Resource, LLC) — Mon, 19 Oct 2009 14:53:51 -0500

Just a quick post here to let you know we're not sure how much longer this lender will be offering this program for Kansas City single-family to 4-plex investment properties. If you've been wanting to add to your existing portfoltio and have been limited because of financing this might be the opportunity you've been waiting for. Following are the terms the broker provided to me, so take a look these and then look at our website to see which properties you'd like to take a closer look at acquiring.

•· Lender will loan up to 75% of the After Repaired Value! This can be a ZERO down payment loan. Yes, ZERO!

•· Funds available for long-term hold.

•· Great program for experienced investors with good credit (680+), cash reserves, and verifiable income.

•· Individual loan for each property. This is not a blanket loan.

•· Sample terms:

•o 7.5% interest

•o 5-year fixed term

•o 30-year amortization

•o Estimated $1,250 in closing costs, excluding origination fees

•o 1% origination fee to lender; 1% origination fee to mortgage broker

Are you looking to buy an investment property and need a buyer's agent to help you get it with this program? Let's talk about what you're trying to accomplish and see if together we can make it happen.

For more information about real estate investing in Kansas City with traditional lending or with your Equity Trust Company self-directed IRA, contact Paul Surles at 913-488-7588 or Paul@PaulSurles.com.

Looking for a Johnson County home in the Blue Valley School district or Olathe school district to live-in? Visit www.PaulSurles.com to search available homes.

Paul Surles

Realty Resource, LLC

Paul@PaulSurles.com

913-488-7588

www.MetroREOSales.com - search investment properties

www.PaulSurles.com - search homes to live-in

Residential Rental Property Financing is Back in Kansas City

Paul Surles (Realty Resource, LLC) — Fri, 09 Oct 2009 18:00:26 -0500

I could hardly wait to write this post because it's been about a year since I have heard anything close to what my new mortgage broker contact has to offer. Have you been wanting to purchase more residential rental properties in Kansas City but couldn't because of financing? Take a look at the following terms the broker sent to me and look at our website to see which properties you'd like to take a closer look at adding to your portfolio.

•· Lender will loan up to 75% of the After Repaired Value! This can be a ZERO down payment loan. Yes, ZERO!

•· Funds available for long-term hold.

•· Great program for experienced investors with good credit (680+), cash reserves, and verifiable income.

•· Individual loan for each property. This is not a blanket loan.

•· Sample terms:

•o 7.5% interest

•o 5-year fixed term

•o 30-year amortization

•o Estimated $1,250 in closing costs, excluding origination fees

•o 1% origination fee to lender; 1% origination fee to mortgage broker

Looking for a Johnson County home in the Blue Valley School district or Olathe school district to live-in? Visit www.PaulSurles.com to search available homes.

Paul Surles

Realty Resource, LLC

Paul@PaulSurles.com

913-488-7588

www.MetroREOSales.com - search investment properties

www.PaulSurles.com - search homes to live-in

Paul Surles Provides Practical Short Sale Tips to Local Realtors

Paul Surles (Realty Resource, LLC) — Thu, 10 Sep 2009 14:42:32 -0500

Ever since I started providing practical tips about short sales to fellow Realtors here in Overland Park and the Kansas City area, I've had numerous agents and potential clients contact me for more advice. So, I thought I'd post a link on my website and scroll down to Foreclosure Avoidance for more info. This is an 8-week series, so check back often for timely tips.

Contact me at 913-488-7588 or through my website if there is anything I can help you with here in the Kansas City market . . .or nationwide. I have an extensive referral network so if you're in another part of the country, perhaps I could connect you with a local contact who can assist you further.

Here's what I contributed in this week's publication. . .

Q. What are the seller's options if a short sale is rejected by a lender?

Paul: One of the most common reasons lenders reject short sales is because the purchase offer was too low and didn't meet their criteria. Often times, the lender will go back to the listing agent and ask him/her to go back to the buyer and attempt to get a better offer. They generally need a minimum "net proceeds" amount on the HUD after all fees and commissions are paid.

Another option sellers and listing agents should consider is to ask the lender if they would agree to an unsecured promissory note between them and the seller for any difference in the proceeds between the buyer's offer and what they need to have. Often the terms are very attractive and the seller would have several years to repay the note.

There are other options in addition to a short sale that sellers should consider to avoid foreclosure. I always recommend sellers seek advice from a tax professional and/or attorney to help them decide whether a short sale, deed-in-lieu of foreclosure or loan modification would be a good option based on their individual circumstances.

Socially Responsible Realtor Expands Service in Overland Park

Paul Surles (Realty Resource, LLC) — Fri, 04 Sep 2009 11:52:42 -0500

Most of you have known me as a real estate investor here in the Kansas City metro as seen on our investor website www.MetroREOSales.com. Some have said that since I have a lot of experience buying and selling real estate for my company and other investors, I should expand to provide Realtor services to retail buyers and sellers for homes they buy/sell to live-in. Especially right now because of the incentives for first-time homebuyers. So, let me know if you're thinking about buying or selling anytime soon. . .or know of someone else who is.

Well, I've listened and have created a new top-notch website www.PaulSurles.com and an exceptional "commitment to green" internet marketing plan to help people sell homes for top dollar in Overland Park and surrounding areas.

What makes Paul Surles stand out among the thousands of Realtors here in Kansas City? Well, let me know what you think about this excerpt from our website. . .

"Feel good about choosing us to sell your real estate for top dollar because proceeds from our transactions go directly toward helping improve the quality of life in Kansas City inner-city neighborhoods. This is what sets us apart from the competition.

The largest initiative underway where proceeds are being directed is toward providing financing through Home Run Properties, Inc. to local providers who are upgrading inner-city homes as a result of President Obama's recent American Reinvestment & Recovery Act (ARRA) stimulus funding in Kansas City. Our commitment to other neighborhood stabilization initiatives include purchasing and remodling homes for familes to rent or purchase."

Even if you're not in the area, we would help you with getting a Realtor referral where you live or are going to live. Proceeds from referral transactions count to! See more about homes in Overland Park and the Kansas City metro on our website. Contact us today at www.PaulSurles.com.

Have a great Labor Day Holiday!

Paul Surles

Having Trouble Getting a Loan for that Perfect Commerical Real Estate Deal?

Paul Surles (Realty Resource, LLC) — Mon, 29 Jun 2009 11:10:20 -0500

Isn't this a great time to acquire a commercial real estate investment? Having a tough time getting the financing? Don't want to part with all the up-front cash required by the lenders? We have finally found a program that's a good match for sellers who have some equity in their properties and buyers who don't want to part with so much of their cash today. Following are a few benefits about the program. . .

Minimal Up-Front Cash Requirement
Minimal (if any) Credit Qualifying
No Need for a Loan Application or Approval Needed
Legal Protection, Privacy and Safety
Ease of Transfer, Especially When there is to be No New Loan
Income Tax Deduction
Asset Protection
Shields Property from Litigation, Creditor Judgment, Tax Lien and/or Probate

Does this sound like a good solution for you? If you've ever heard about lease-option, lease-purchase, owner financing, seller financing, contract-for-deed, etc., our program is hands-down better for asset protection and ease of transfer. Call Paul Surles at 913-488-7588 to talk about this more.

Missouri First-time Homebuyers to Get Up to $6,750 for Down-Payment

Paul Surles (Realty Resource, LLC) — Thu, 04 Jun 2009 13:31:38 -0500

If you're a first-time homebuyer in Missouri, you'll want to see if you're eligible to move into one of our homes with this benefit through the Missouri Housing Development Commission.

How the MHDC Tax Credit Advance Loan Program Works:

MHDC makes a second mortgage to the homebuyer at the time of closing worth up to 6% of the home purchase price or a maximum of $6,750, which is used to cover downpayment and closing costs. The tax credit advance loan is paired with MHDC financing for the first mortgage in the form of a safe, 30-year, fixed-rate mortgage. The homebuyer then files for the federal taxcredit and uses the credit refund to pay off the MHDC tax credit advance loan. If the tax credit advance loan is paid off by the designated deadline, the homeowner pays no interest other than a modest servicing fee. If the tax credit advance loan is not paid by the deadline, principal and interest payments to repay the loan over 10 years begin automatically.

All MHDC first-time homebuyer loans are made through a statewide network of certified lenders, and serviced by U.S. Bank. The MHDC loan programs are available for households with incomes up to $85,000. Interested first-time homebuyers can find a list of participating lenders and other information about the program on the MHDC website.

For homes immediately available for this program to move into, take a look at 5143 Euclid Ave, Kansas City MO, and 3318 College Avenue, Kansas City MO on the Metro REO Sales website. Both are newly remodled, spacious 4-bedroom, 2-bathroom homes. Do these not meet your criteria? Contact Paul Surles at 913-488-7588 to talk about your home preferences.

Get Your IRA Questions Answered

Paul Surles (Realty Resource, LLC) — Wed, 29 Apr 2009 13:14:54 -0500

Come to this IRA Workshop and Learn How to Grow Your Retirement Account

Smart Investors Looking for Funding for Real Estate Deals are Finding Out that there is a Huge Untapped Source of Money That Exists in IRAs and other Retirement type accounts, which can be used to buy & sell real estate.

Right now is an awesome time to build up tax-free and tax-deferred nest egss in your new or existing retirment accounts. Find out how you can start from as little as $1000 or grow an existing account.

And with the current mortgage & foreclosure mess, make using other people's IRA money to fund deals even more attractive than ever. It's a win-win for both the borrower and the lender as each get a better interest rate. So why should any of us deal with the bank?

Kim Tucker, the director of MAREI uses her own Self Directed IRA as well the IRA's of others to invest in real estate. She and her partners at Tucker One Properties, Inc. offer assistance in getting your IRA set-up so you can buy real estate or lend to your funds. Join her at this Wednesday's workshop to find out how you can invest your funds and get a better return that the stock market and get started making positive changes with your retirment funds.

Whether you have money in a retirement account now or not, Does Not Matter...This strategy can be, and is being used very successfully by investors at all levels. (Including the super-rich folks who are not even RE investors, they just know it's a good place to put money for great returns)

Visit the MAREI website to find out more about this Wednesday Afternoon Workshop: 05/06/2009 -Wednesday Workshops - Self-Directed IRA's

Can't make it or have other questions, please call 816-523-4400 and ask for Kim.

For more information about investing in Kansas City real estate, using Equity Trust Company as an IRA custodian, etc. contact Paul Surles at 816-523-4400 or e-mail at paul@paulsurles.com.

We'll be talking Tonight About How Your IRA Can Earn More with Real Estate

Paul Surles (Realty Resource, LLC) — Tue, 14 Apr 2009 15:01:42 -0500

Isn't it a struggle to come-up with any investment idea that can earn anywhere close to 17% a year in today's market. Stop by our table tonight between 6pm and 7:30pm prior to the Mid-America Real Estate Investor Association meeting. Joe and I will be there to talk with you about your IRA goals and how real estate might be a good diversified part of your portfolio. We'll be right outside the ballroom at the Overland Park Marriott at I435 & Metcalf (10800 Metcalf).

When: Tuesday April 14th, 6pm to 9pm

What: Networking and Education

Vendor Tables Reserved:

Paul Surles & Joe Reece: Tucker One Properties, Inc. Helping you invest your IRA funds in rental property, from rehabs, turn key rentals, and apartment buildings.
Vickie Clevenger: Guest Speaker and Real Estate Investor using her IRA
Ed Griffin: Guest Speaker, retired retirement account specialist, Note Buyer
Matt Allen: Guest Speaker, North American Savings Bank - making loans to IRA's for real estate
Mike Wrenn: Renovators Insurance, specializing in insurance for investors
Marck de Lautour: SBD Housing promoting his FR*EE Foreclosure Seminar next week
Ron Levin & Rusty Saighman: Real Estate Prep School, specializing in Realtor Training in Kansas and Missouri.

Education: Our guest speakers are Ed Griffin, Vickie Clevenger, and Matt Allen discussing how to do real estate deals with your IRA. If you are looking for new ideas for financing your properties or converting your IRA to investments that you understand and can control with your real estate knowledge. Presentation at 7:30

Cost: Members can attend with no costs, guest fee in advance through our calendar online is $15 and at the door is $25. Membership is $99 at the door for one or $149 for two. Check or Charge only, no cash please.

Networking: From 6pm to 7:30 our vendor hall will be open for networking . . .

Be sure to bring paper and a pen to take notes. Bring your questions, we have a set of starter questions, but the panel will answer your questions as you have them. Please keep in mind that they are not CPAs, Attorneys, Accountants, or IRS people. They will be answering from experience.
Arrive early for dinner at Panera Bread or Applebees before the meeting and avoid rush hour traffic.

Kansas City Income Properties Needed for Commercial Buyer

Paul Surles (Realty Resource, LLC) — Thu, 26 Mar 2009 10:23:56 -0500

In today's challenging commercial real estate market, there are select buyers who have the financial resources necessary to do a deal. We are fortunate to be working with one today. If you have a property that meets the following criteria yourself or have one listed, let me know.

Income Properties (apartments, neighborhood retail centers, leasehold interests, mobile home parks)
1-4 family properties on oversized lots which can be easily re-zoned
Value-added opportunities
10% Cap Rate
No War Zones (meaning if the average vacancy for the entire city is lower in the neighborhood where the property is located)
Negotiable/Realistic Seller
Purchase price: $100k - $5 million
Kansas City metro area

For more information about real estate investing in the Kansas City metro, call Paul Surles at 816-523-4400 or e-mail at psurles@gmail.com

Taking a Snapshot of Today's Kansas City, MO Small Multi-Family Market

Paul Surles (Realty Resource, LLC) — Thu, 12 Mar 2009 16:40:38 -0500

We've had several inquiries recently about the small multi-family market of up to $500k in Kansas City, MO so I felt like posting a quick article would help others get up to speed as well. Let me know if you or a group would like to take a closer look at one or more of these. You might have heard that I'm progressing through the CCIM candidate program and as a result can provide you with an additional level of expertise.

In addition to a few stats below, there is a link at the end of the post you can use to get directly into our local Multiple Listing Service (MLS) to see photos and many more details.

The lowest-price building is a 4-plex at $19,900. The most expensive one in this list is a 24-plex for $479,900.

Use the following URL to see the listings:
http://portal.heartlandmls.com/de.asp?k=3890XH8QP&p=DE-181747-987

For more information about real estate investing in the Kansas City metro, contact Paul Surles at 816-523-4400 or psurles@gmail.com. Paul is a licensed real estate broker-salesperson in MO and part of the Tucker One Properties, Inc. wholesale real esate team.

Are you in the market for a Multi-Family Apartment Complex?

Paul Surles (Realty Resource, LLC) — Wed, 18 Feb 2009 12:08:14 -0600

We just found out about a multi-family apartment complex opportunity in Wichita that might fit your investment criteria. Following are a few details about the deal. Let me know if you or your client has an interest in taking a closer look. . .

$11 million asking price
342 Apartment units
19 Buildings plus Clubhouse/Office
Unit Mix:
174-1 BR 650 s.f. (
42 with monitored security)
168-2 BR 900 s.f.
(48 with monitored security)
Total Land Area: approximately 10 acres
Cap Rate: 8.0% year end December 2008
Based on the Cap Rate and Asking Price, I estimate the NOI would be $880,000.

The property has an excellent history of maintaining high occupancy since it was built in 1986. There is a mix of 174 one bedroom/one bath 650 s.f. units and 168 two bedroom/two full bath 900 s.f. units. All of the units have electric heat pumps and full size washer/dryer hookups. Many of the units feature fireplaces and monitored security alarms as well.

Common area amenities include a pool, large clubhouse with on site office, party room, laundry facility and rest rooms. A centrally located playground sits nicely in the courtyard. The Arkansas River runs adjacent to the community, complete with a City bike path. The property is professionally landscaped with colorful flowers throughout the area.

For more information about this or other investment opportunities in the Kansas City metro, call Paul Surles at 816-823-4400 or e-mail at psurles@gmail.com.

Kansas City Cash Cows - A Package of 3 Single-Family Investment Homes

Paul Surles (Realty Resource, LLC) — Mon, 16 Feb 2009 16:06:35 -0600

Ever thought you'd see a small investment package that you could purchase and likely get your initial investment back in the 1st year? This might seem strange to folks from out-of-state, but take a look at the cash flow forecast on Loopnet.

Two of the three homes are occupied by residents participating in our government's Section 8 program. This means you'll get the rent every month on time and don't have to worry about chasing folks down for the rent. The net operating income even includes property management and repair reserves.

Let me know your interest in taking a closer look at these. We can help you invest with your retirement account, with local financing, and/or cash accounts. For more information about Kansas City cash-flow investments, call Paul Surles at 816-523-4400.

Testament to the Quality of HSA Training and Real Estate Funding

Paul Surles (Realty Resource, LLC) — Sat, 31 Jan 2009 15:50:01 -0600

Wow, what a day. We processed an average of 3 Private Funds Deals per hour yesterday. Short Sale and REO flips are the key to making money in today's market.

This is a testament to the quality of training and funding power HSA members receive. If you aren't all over your local foreclosure market with our system, you are missing out on the biggest real estate boom in US history.

We will examine some of these deals next Monday on our newly added day.

We have increased our weekly Live Webcast to 3 times a week due to the numbers that are joining HSA. Watch live deals happen every Monday, Tuesday, and Wednesday at 8:00pm EST.

Watch last week's webcast on a replay and see actual back to back deals detailed and shown at

http://www.ChooseHSA.com/HSA_Overview.php

Paul Surles

Our Government Pays the Rent

Paul Surles (Realty Resource, LLC) — Wed, 21 Jan 2009 13:11:21 -0600

Ever thought about how great it would be if the government would pay the rent. . .and always on time? As a real estate investor or an agent looking for deals for an investor, this is very appealing considering the current state of our economy.

Following is a list of properties we are marketing that the government is paying the rent via the Section 8 program here in Kansas City. The prices noted are taking into account the seller's price reduction on several of these yesterday. Also, we have two lenders locally in Kansas City that can provide a loan for 2 or more of these properties.

6303 E 147th St (sec 8 pending)
2248 E 69th Terr
6238 E 15th Terr
4100 E 53rd
4333 Flora
4144 Montgall (sec 8 pending)
5606 Michigan
3948 Paseo
5615 Michigan

Could you use another $2,655 a month in positive cash flow? This is our estimate based on a 7% loan, 10% down, property management, and the mortgage payment including taxes and insurance.

Take a look at this or share it with your clients. For more infomation about this and other Kansas City investment opportunities, call Paul Surles with Realty Resource of KC, LLC at 816-523-4400 x266 or e-mail at psurles@gmail.com.

The Real Estate Market Has Made a Big Shift - Now What?

Paul Surles (Realty Resource, LLC) — Mon, 05 Jan 2009 15:33:09 -0600

Here's a good opportunity for real estate agents to grow in the Kansas City metro. Note this is open to all agents regardless of which brokerage you are working with today.

*************

The real estate market made a big shift, now what?

Invest two hours a week for 12 weeks to learn what to do NOW.

This course is based on Gary Keller's book Shift-How Top Agents Tackle Tough Times,

Jan 8th 12:30 to 2:30 (and each week following same time, same place!!)

11005 Metcalf Ave
Overland Park, Ks 66210

Investment? free

Seating is limited, please e-mail me your contact info to register at Surles@KW.com or call me
or 913 266-5847.

Shift Week 1 1/8/09 Gaining Mind Over Market

When the market shifts, you must shift with it--in two ways. You must make a mental shift and an action shift. Let's visit the mental shift first, the shift to the opportunity mindset. The condition of the market does not have to equal the condition of your business. Ask yourself this question, "How are agents having the best real estate year of their career in today's market"

Shift Week 2 1/15/09 Upshifting Your Lead Generation

Lead Generation is not a new concept, nor is it necessarily hard to do. Most likely you are already aware of the many different options to generate leads, and perhaps you've tried several. The question is, are you devoting at least three hours a day to lead generation? If you're not, what kind of reward, your BIG WHY, and what form of accountability will help you attain the POWER OF ONE?

Shift Week 3 1/22/09 Lead Capture and Conversion

Leads Don't Matter if they don't turn into business. Your lead capture and conversion systems work in conjunction with your lead generation efforts to turn leads into business. You need both systems. Lead capture and conversion is the ongoing process of managing leads, captured through prospecting and/or marketing, systematically and strategically toward closed transactions.

Shift Week 4 1/29/09 Internet Lead Capture and Conversion

Do you have systems in place that capture your internet leads and notify you immediately? Are calling these leads with-in 5 minutes to communicate with potential sellers or buyers? When you do have a conversation, what are your results? Are you converting them to appointment

Shift Week 5 2/5/09 Seller Pricing Strategies

A shift in the market absolutely underscores the importance of pricing and can expose agents who don't give pricing the research and serious thought it requires. The most successful agents become masters at pricing and masterful in getting their sellers to trust the findings and act on them.

Shift Week 6 2/12/09 Seller Staging Strategies

A home can be sold in virtually any condition if the seller isn't concerned about price. Staging is your ticket to getting your listing sold. It is money that your sellers don't always get back, but can mean the difference between months of holding costs and mortgage payments or a quick sale. Fact: staged listings sold almost twice as fast as non-staged houses, and on average, at substantially higher prices.

Shift Week 7 2/19/09 Bulletproofing Transactions

What do we mean by bulletproofing the transactions? It's about keeping your transactions together in the critical time between signing the sales contract and signing documents at the closing table. In today's competitive market, in a buyer's market a tension is created when sellers feel like they are selling too low and buyers feel like they are paying too much.

Shift Week 8 2/26/09 Creating Urgency to Buy

Are you frustrated by buyers who won't make a decision to buy? Do your buyers expect every home to be a steal? Do your buyers think something better will come on the market next week? Would you like to work more effectively with buyers? If you answered yes to any of these questions, then you need this class

Shift Week 9 3/5/09 An Agents Guide to Financing Solutions

Shift, it happens and everyone involved in the real estate world needs to shift. This includes financing, I know BIG SURPRISE! This class will expose you to some creative ways to work with sellers and buyers to bring the transaction to fruition, with out giving away the "Farm" and leaving everyone feeling that a win-win has been achieved.

Shift Week 10 3/12/09 Expense Management "Thriving is about lead generation, but surviving is about expense management"

Protect your margin-sellers and buyers are taking up more of your time; on the other, your listings are sitting and your closings are becoming more difficult, meaning you are working more for less money. But if you protect your margin, you will give yourself time to develop new strategies for today's real estate market.

Shift Week 11 3/19/09 Short Sales, Foreclosures, and REOs

Are you able, Ready, and Willing? You can do this. You can learn the ins and outs of short sales, foreclosures, or REOs. You can use these skills to build a business that has a robust life of its own. But before you commit yourself and business energy, pause for a moment to ask yourself if you are able, ready and willing.

Shift Week 12 3/26/09 Effective People Leverage

Learn from the High Achievers; know that all three forms of leverage-People, Systems and Tools, must be used in concert, but that the people are the most powerful form of leverage. In fact, if you find the right people, they will bring with them the systems, tools and know-how to automate, standardize, streamline, and organize your business.

Looking for a low price-per-unit multi-family investment?

Paul Surles (Realty Resource, LLC) — Mon, 05 Jan 2009 15:25:31 -0600

Looking for a good multi-family investment? We can customize a direct MLS link for you to see all the multi-family properties in the Kansas City metro. E-mail us at Paul@PaulSurles.com with your criteria and we'll let you know by e-mail of any active listings. Take a look at what's available today:

4-plexes starting at $19,900
6-plexes starting at $30k
8-plexes starting at $44,900
10-plexes starting at $100k
12-plexes starting at $119,900
16-plexes starting at $149,900
24-plexes starting at $159,900

Looking for multi-family financing? We have local lenders in Kansas City that would welcome a conversation with you. For more information about Kansas City real estate investing, call Paul Surles at 913-266-5847, e-mail at Paul@PaulSurles.com or visit www.MetroREOSales.com. As an investor and agent with Keller Williams Realty, Partners Inc., we understand real estate investing and would be glad to talk with you about how we can help you achieve your investment goals.

Custom MLS Links Now Available for Multi-Family Real Estate Investments in Kansas City Metro

Paul Surles (Realty Resource, LLC) — Wed, 17 Dec 2008 10:13:53 -0600

4-plexes starting at $19,900
6-plexes starting at $30k
8-plexes starting at $44,900
10-plexes starting at $100k
12-plexes starting at $119,900
16-plexes starting at $149,900
24-plexes starting at $159,900

Treasury Secretary Paulson Announcement Good News for Small Private Investors

Paul Surles (Realty Resource, LLC) — Wed, 10 Dec 2008 14:21:51 -0600

Washington DC - Treasury Secretary Paulson announces that banks will be on their own in disposing of REO's and short sales. The Government will not use TARP money to buy bad mortgage loans made by banks. It is estimated at over 1.6 million foreclosures will occur this year and 1.9 million is projected for 2009. This is great news for small private investors wanting to take advantage of flipping short sale and REO's.

Where's the opportunity for small private investors?. . . .

Use all the various HSA programs in all 50 states.

Use our No Down Payment Program to eliminate down payment requirements on your end buyers.

Get full access to our various Flipping Courses as part of your membership.

You get access to our weekly training webcast where we teach you how to become a Short Sale expert in the next few weeks.

The Live WEBCAST Overview and Q & A Broadcast Starts at 8pm EST Every Tuesday & Wednesday

To ask your questions: CLICK HERE at 8:00 EST ...Then Enter Conference ID: 432777, Name and Email

Time Zones: 8:00 EST pm / 7:00 CST pm / 6:00 MTN pm / 5:00 PST pm

For more information about Kansas City real estate investing, visit www.MetroREOSales.com. Click here to see active multi-family listings in Kansas City.

MLS Link for Multi-Family Real Estate Investment Property in Kansas City, MO

Paul Surles (Realty Resource, LLC) — Wed, 10 Dec 2008 10:45:33 -0600

Just a quick note here for anyone looking for multi-family real estate investment units in Kansas City, MO. Can you believe prices are as low as $10k in the northeast area for a fixer-upper duplex???

Click Here to see active multi-family properties in Kansas City.

Enjoy shopping and let us know if you'd like to take a closer look at these.

Need to sell your multi-family units in the Kansas City Metro? Let us interview for the job to help you get top dollar even in today's tough credit market.

Paul Surles
913-266-5847
Keller Williams Realty, Partners Inc.
11005 Metcalf Ave
Overland Park, KS 66210
Paul@PaulSurles.com

Earn More Income with our new Asset Finder Program

Paul Surles (Realty Resource, LLC) — Mon, 08 Dec 2008 17:24:26 -0600

Our new Asset Finder program is "just in time" to help us all earn more income during these tough times! This course is just one of the several other programs available. . .see www.ChooseHSA.com. We will teach you how to locate and obtain the details on Non-Preforming Assets from Local Banks and Credit Unions. You will learn what to say to get Asset Managers to provide you the information on their assets.

You then email this information with the Asset Application to our investor (hedge fund). They will make contact with the bank and bid on the assets.

You earn 1/2 % of the Asset portfolio purchased by our investor.

This is available in all 50 states. You get access to our weekly training webcast and online training videos!

LIVE WEBCAST THIS WEEK at www.ChooseHSA.com at 8pm EST. Can't make the webcast? Last week's call will be online for viewing 24x7.

Need a Proof of Funds Letter?

Paul Surles (Realty Resource, LLC) — Mon, 08 Dec 2008 14:00:05 -0600

Just a reminder here to let you know that as a Platinum Member of HSA, you are entitled to use our Investor's Private Funds.

As you may know, banks won't consider your offer on Short Sales or REO's without a "Proof of Funds" Letter.

Here's a 2 minute video on how to obtain and print out your Proof of Funds Letter.

http://www.wealthontv.com/publicwebcasts/pofinstructions1/pofinstructions1.html

If you are not a member yet, visit us at www.ChooseHSA.com and find out how you can be flipping short sales and REO homes using NO CREDIT AND NO CASH. We also have live webcasts every Tuesday and Wednesday you can join and learn more about it.

P.S. Looking for turn-key rental homes? Look no further than www.MetroREOSales.com to see some of the very best real estate investments in the Kansas City metro.

Flip Real Estate - NO Cash or Credit Necessary

Paul Surles (Realty Resource, LLC) — Mon, 24 Nov 2008 08:45:58 -0600

No Cash / Credit needed!!!

Use our investor's funds to buy homes from banks then flip them to end buyers.

As a member, we provide you complete training and access to our Private Funds to use for Flipping Short Sale Transactions.

We teach you how to find and contract with a prequalified buyer as well as providing you the Proof of Funds and the Cash to buy the short sale from the Bank.

Here's how it works:

Line up a shortsale purchase (we teach you how to find unlimited numbers of shortsale deals), use our method to line up a buyer, then use our investor's funds to buy the home and flip it to your ready buyer. No credit needed on your part since the buyer's loan at closing pays off our private investor. This is a No Cash / No Credit transaction on your part.

Cost of Funds is 1% plus $300 flat fee all paid from your profits at closing. Buy a home worth $200,000 in a short sale for $100,000 and resale for $150,000. You keep $50,000 minus 1% (1,000+$300 flat fee). You pay for the use of the money from your profits at closing, meaning no cash out of your pocket to use the funds.

Use our program in all 50 states.

You get access to our weekly training webcast that teach you how to become a Short Sale expert in the next few weeks.

LIVE WEBCAST THIS WEEK at www.ChooseHSA.com

Time Zones: 8:00 EST pm / 7:00 CST pm / 6:00 MTN pm / 5:00 pm

One Bright Spot Shines After a Corporate Downsizing - What to Do with your Nest Egg

Paul Surles (Realty Resource, LLC) — Wed, 19 Nov 2008 16:06:48 -0600

With the disappointing trend of corporate downsizing, there is one bright spot. . .you can rollover the funds in your former employer's 401k into a self-directed IRA and do more with it other than the usual stocks and mutual funds. And, this can be done with no early-withdrawal or penalties. A custodian who has a wealth of experience and has a good track record with us in helping people with rollovers is Equity Trust Company.

We have been talking more and more lately with fellow Realtors in our local market and throughout the country about the importance of working with someone with experience working with investors through the process of purchasing real estate in their self-directed IRA.

We'll provide a case study below about how you can purchase a turn-key rental investment in Kansas City with your self-directed IRA and keep it as a long-term rental property.

Retail price: $80,000

Your self-directed IRA purchases the property at a discount: $56,000

Instant Equity: $24,000

Gross Rental Income: $8,400

Less 10% Vacancy: $840

Effective Rental Income: $7,560

Less Operating Expenses (taxes, maintenance, insurance, property management): $2,612

Net Operating Income (NOI): $4,948

Cash-on-Cash Return: 9%

How many years will it take in NOI to replinish the initial investment of $56,000? 11 ----- YEAH!!!!!

This is an example of what you can do with real estate in your IRA. Obviously, the numbers can and probably will vary based on market conditions, rent increases, vacancy fluctuations, etc.

For more information about how to invest with your self-directed IRA with Kansas City real estate investments, contact Paul Surles at 816-523-4400, e-mail me at psurles@gmail.com. We also have information about Kansas City real estate investing, earning passive income with your self-directed IRA and much more on our website www.TuckerOneProperties.com.