The RE Investment News: August 2019

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DEADLINE FOR JACKSON COUNTY PROPERTY TAX ASSESSEMENT APPEALS EXTENDED AGAIN When the Jackson County Property Tax Assessments came out this spring, home owners and news stations were baffled as to how the assessments were calculated. Investigations show that because of lack of access to the local Multiple Listing Service data provided by local Realtors, free generalized data was used. A class action lawsuit was filed, an extension through July 29th was granted and community leaders are still working to freeze the current process, to have the state investigate, and to change the process. This past Tuesday, July 30th, the Board of Equalization decided to extend the formal appeal deadline yet again to September 3rd. ———-

GRANDIEW TO REVIVE CRIME FREE MULTI-HOUSING INITIATIVE Grandview police just revived an old crime reduction program whereby tenants can be evicted for illegal activity. Taught by the Police Departments in many of the metro cities in conjunction with Mid America Crime Free Inc, this program gives the tenants the option to sign a lease addendum that says if they engage in criminal activity, they can be evicted immediately. To learn more about the program and its coordinators, and to sponsor or attend a future FREE Crime Free 8 Hour Seminar, go to KCCrimeFREE.com ———-

FROM THE FACEBOOK GROUP Daily discussion on real estate related issues. Bring your questions and your answers, and join the discussion at Facebook.com/groups/kcrei/

TREATING CEILING WATER STAINS Option 1 Bleach: Mix 3 parts water to 1 part bleach in a spray bottle. Mist the area, let dry. Repeat till stain is gone.

MAREI.org

Option 2 Kilz: Spray Kilz Upshot lightly. Feather it in as you spray to blend it in. Option 3 Ceiling Texture: Buy popcorn ceiling texture and sift out the popcorn part. Mix with remaining powder with water to paint consistency, then use as paint. Option 4 Paint: Paint the entire ceiling ———-

HOW MANY VIEWINGS TILL YOU GET A DEAL The Gurus tell us you must look at 100 properties before you get that deal, but is that correct? Newbie Investor: Should view at least 100 deals and analyze them so they actually know what a deal is. Wholesale Investor or Marketing Investor: Would probably send out 1000 letters or get 1000 online views of a paid ad that would result in 100 leads. Out of those 100 leads, a small portion would be motivated enough and qualify as a potential deal. Then the investor might look at 10 deals, to make 2 or 3 offers, to get 1 deal. Experienced Investor: That is established as a player that knows a good deal when it is put in front of them, who is known for making full price offers and closing as planned, gets deals handed to them. Relators and Wholesalers who have a good deal and don’t want to waste time and money call these experienced investors with their deals who look at one deal and buy it. Establishing a good reputation as a buyer gets you deals. Often you are the only person who ever sees or gets the chance to make an offer on the deal. ———-

MAKING YOUR BID STAND OUT WHEN IN MULTIPLE OFFER When you are making an offer on a home and the listing agent tells you that they are in multiple offer situation, what can you do to make your offer stand out? Make Your Best Offer: No matter what anyone else does, make your best offer in price, terms, inspections and closing dates, that way you know you put your best foot forward.

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