RE Investment News: February 2019

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MAREI.ORG/CALENDAR

THE CALENDAR FEBRUARY MEETING Profiting from Short-Term & Vacation Rentals: Guest Panel Why are short-term rentals (e.g., Airbnb, VRBO, HomeAway, etc.) so attractive to investors? Since travelers spend more on lodging while traveling than they do on monthly rent, the investor conversely makes more money from short-term rentals than by traditional leases with tenants. Some investors report that they earn up to 275% or more by switching to short-term rentals. We have asked several of our members to share their experiences with short term and vacation rentals. Locally Kim & Joe Donaway have converted a few single family rentals to short term. Local Investor Debra Felderhoff hosts a vacation rental at the Lake of the Ozarks and in Texas. Also Locally, Johnny Youssef renovates and rents Airbnb. We have also asked local Realtor and Landlord, Stacey JohnsonCosby to join us for a quick update on Kansas City Missouri’s official housing policy and how it could affect you and how to get involved.

Mailing Address: 6709 W 119th #332 Overland Park, KS 66209 Phone: 913-815-0111 Web: MAREI.org Web: MAREIMember.com Email: Kim@MAREI.org Views and advertising expressed in the RE Investment News are not necessarily endorsed by MidAmerica Association of Real Estate Investors. The information contained within should not be construed as a recommendation for any course of action regarding financial, legal, or accounting matters by MidAmerica Association of Real Estate Investors. Email to inquire about advertising opportunities or membership.

MAREI.org MAREI.org

Doors open at 6pm for Networking. Build your team with our Vendor Hall. Share a Deal or a Business Card on the Deal Table, Ask a Questions and make connections. Monthly Meetings held at the Holiday Inn at 8787 Reeder Road in Overland Park, KS. MAREI Members & First Time Guests who pre-register attend for free. Non-Members and Internet Members pay $25 at the door or pre-register for $15 online. Networking 6 to 7. Presentation 7 to 9. Meeting After the Meeting 9 to 11.

MARCH EVENTS Profiting from Short-Term & Vacation Rentals: Guest Panel We are very excited that local Real Estate Investor, Andrew Syrios will be joining us at the March 12th MAREI meeting to walk us through how to Build Wealth with the BRRRR Method: Buying, Renovating, Renting, Refinancing and Repeating. Then on Saturday March 16th Andrew and his brother Phillip will be teaching a 1/2 day workshop at KCRAR on the Management of that Buy and Hold Investment. Details and registration are posted on the MAREI calendar of events.

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