What You Need When Approaching Lenders for Loans

Robert Mohon, Credibility KitSaturday, October 8th, 9 a.m.-3 p.m. Eastern
ONLINE
Want More Money to Buy and Rehab Deals?
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Private Lenders and Banks
with Your Own "Credibility Kit"...

Here's a detailed, tools-included workshop you'll want for your permanent library:

A deep dive into what goes into a making private lenders, partners, and banks WANT to work with you, and how to put that information together in a way that’s easy for money people to say "yes" to.

It's super-cheap and money-back guaranteed. Click HERE to get all the details!


KREE's Class on NOI and Cap Rate

You know KREIA, but do you know KREE? We're not talking blue aliens from the Marvel superhero movies here, but rather the Kentucky Real Estate Exchangors — a non-profit organization for local real estate agents and satellite professionals — which happens to include a lot of folks who are members of KREIA.

KREIA's Parliamentarian, attorney Michelle Rawn, is also a member of KREE, and she wanted us to let you know about an upcoming class KREE is offering on methods commonly used to evaluate real estate, especially commercial real estate. Do you know how to figure cap rate and net operating income (NOI)? Or would you like a refresher?

Consider taking KREE's NOI Education Course on Wednesday, Oct. 12, from 9 a.m. to 4 p.m., which will be held at the KREE headquarters over near Hurstbourne Lane and Bunsen Way — not somewhere on the planet Hala.

The cost is $100 for KREE members and $125 for non-members. You have until 9 a.m. Tuesday, Oct. 11, to register. Sign up here.


State Money Is Still Available to Landlords for Back Rent

Kentucky Housing CorporationKentucky Housing Corporation’s Healthy at Home Eviction Relief fund (HHERF) helps renters across Kentucky clear their rent debt.

The HHERF program is designed to allow landlords to get substantial payments for back rent, reduce evictions cases, and streamline payment process within 7-14 days or less.

Renters and landlords in 119 Kentucky counties (Lexington has its own program) can apply at this website:

      teamkyhherf.ky.gov

Tenants must meet income restriction, be impacted by the pandemic, and provide documentation.

Landlords must provide documentation, agree to program terms, and forgive fees and penalties.

The maximum rent relief is 100% of past-due rent since April 1, 2020, plus three months of future rent. The maximum past-due rent payments covered: 12 months.

Download the flier: bit.ly/k22hherf

Watch the video: bit.ly/k22evictionrelief


A Policy to Cover Tenant-Caused Damage

Paul KaliadesAre you a landlord looking to mitigate the costs of tenant-caused damage to your property? Check out KREIA's Early Meeting from April 28th.

Paul Kaliades from Renters Legal Liability spoke at the Early Meeting and gave us permission to post the replay over on Facebook.

And if you're interested in joining the aggregate group, contact Greg Nalley of Nelson Insurance Group, 502-708-3194. 

Watch the replay here!


National REIA Now 2nd Quarter Bulletin for 2022

National REIA Now Q2 bulletinNational REIA's Legislative Update for the second quarter of 2022 brings grim warnings related to inflation, COVID-19, oil demand and pricing, the Russian-Ukraine war, and food shortages. But it also encourages us investors to flex our creativity and ingenuity to keep the real estate market strong. Click to download the update or read it online.

In the Benefits Update portion of this bulletin, National REIA takes a look at affiliates Arcana Insurance Services and REIPro. Arcana offers insurance products specifically designed for real estate investors and tenants. REIPro is an all-in-one online software


Looking for more KREIA features? Check out the News & Updates blog

 

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