The SmarterLandlording Podcast

Kevin Perk – Landlord, Real Estate Investor and Founder of SmarterLandlording.com

The SmarterLandlording Podcast is about helping you become a smarter landlord. Hosted by Kevin Perk, he brings over 15 years of landlording experience to the show. Listen as he and his guests discuss many different landlording topics including getting started, finding properties, screening tenants, managing your property, landlord law, taxes and more. read less
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Episodes

Episode 18 - The Real Estate Investor's Guide To A Stronger Purchase And Sale Contract
May 7 2020
Episode 18 - The Real Estate Investor's Guide To A Stronger Purchase And Sale Contract
Episode 18 of the Smarter Landlording Podcast is a detailed discussion with Attorney Joe Kirkland of CloseTrak Title and Closing Services on one of the most important documents you will use in your real estate investing career, your purchase and sale contract. On the surface, this topic may not seem very interesting or stimulating, but your purchase and sale contract is the blueprint you use to acquire investment property. And, if this blueprint is not worded properly, it can cost you time, money and even the deal.This in depth conversation with Joe on the nuts and bolts of a purchase and sale contract will make you a better and smarter real estate investor. Follow along as we discuss:· Minimum terms and clauses your purchase and sale contract must have.· Items that lead to the most disagreements and how they can be cleared up.· The clause that lets you set the standards.· The assignability of contracts (listen up wholesalers!).· Working both the purchase and sale sides to make the contract happen.· Earnest money.· Escape clauses.· Is “Time of the Essence?”· How my own personal purchase and sales contract should be improved.I know that I will be making some changed to my own purchase and sale contract after talking with Joe, and I bet you will to yours as well after listening.If you are looking for a purchase and sale contract to get yourself started in real estate investing you can download the one I have used over the years by clicking here and then listen in as Joe and I pick it apart.
Episode 16 - A Conversation With Fellow Real Estate Investor and Landlord Delois Brown
Feb 5 2020
Episode 16 - A Conversation With Fellow Real Estate Investor and Landlord Delois Brown
Episode 16 of the Smarter Landlording Podcast starts a new series called Conversations With Real Estate Investors.  Conversations With Real Estate Investors is exactly what it sounds like, a conversation with a real estate investor who is actively working in and on their investing business.  Episode 16 begins this conversation series by sitting down and talking with fellow landlord Delois Brown.  Delois has been building up her portfolio of rental properties here in Memphis, TN for the past dozen or so years.  Since that time she has earned her stripes as a real estate investor and she shares part of her real estate investing journey with me today on the show.The conversation begins by talking with Delois about how she got into real estate and better yet, why she largely got into real estate after she retired from her full-time job of 30 years!  Delois had a great job that she generally liked with the great salary that nearly everyone strives for.  She had a family and two kids.  Many of us would have said that Delois had it all.  But, even having it all, she still felt there was more to life and that real estate would be able to provide it for her.  What more did she want?  Listen in to find out and to hear about the many lessons that both Delois and myself have learned as we bought, rehabbed and managed rental properties. Our conversation touches on many topics, including:· The advantages of having a real estate license.· Understanding and timing the real estate market.  Maybe buy in bulk?· Buying properties at tax sales and the issues that can come with them.· Who you should talk to before buying that investment property.· The Section 8 Program.  A guaranteed check but with strings attached.· We even got into Air B and B and how you “live on your ratings.”This podcast episode runs a little long, but that is only because the conversation was great and there was so much information discussed.  Delois has built up a outstanding business for herself and her family.  She definitely provides great Advice From Experience.
Episode 15 – Advice From Experience To New Real Estate Investors
Sep 11 2019
Episode 15 – Advice From Experience To New Real Estate Investors
Episode 15 of the Smarter Landlording Podcast welcomes back real estate investor extraordinaire Richard Scarbrough.  Focusing on my new book, Advice From Experience To New Real Estate Investors, Richard and I discuss 5 key pieces of advice from experience that every new real estate investor must learn and know.   During the first part of the show, we remember why we both got into real estate investing and Richard explains why real estate is more advantageous than just about any other investment out there.Listen in as Richard and I go over 5 key pieces of Advice From Experience taken from the book:Don’t Wait to Buy Real Estate, Buy Real Estate and Wait - Learn how time is a great healer that can cover almost any newbie mistake.Work On Your Business, Not In It - Change your mindset and avoid “entrepreneurial optimism.”Don’t Fudge the Numbers - Learn what numbers you can and cannot control in any deal and what number you must have in any rehab budget.Don't Be Too Trusting - You would think that people will do what they say, but that is not always the case.  What you as a new investor must do to protect yourself.  On Working with Friends and Family - Doing so may sound like a good idea.  But give us a listen first.Everyone out there wants to share their advice on real estate investing.  But before you take that advice, ask this question.  “How many houses have you bought and sold?”   If the answer is one or none, you may want to think about where that advice is coming from.  If the answer is in the hundreds, like Richard and I can say, than you may want to listen to that Advice From Experience.
Episode 9 – Landlords and Lawsuits – With Attorney Joseph T. Kirkland
May 3 2018
Episode 9 – Landlords and Lawsuits – With Attorney Joseph T. Kirkland
Episode 9 of the Smarter Landlording Podcast focuses on something every landlord fears, lawsuits. In this episode, I sit down again with attorney Joe Kirkland to delve into this interesting and sometimes troubling aspect of the landlording business. Joe has over 40 years experience practicing law and this experience will show as we get into the nuts and bolts of getting sued. Joe and I start off by discussing what exactly a lawsuit is. What do the terms plaintiff, defendant, service, arbitration and bench trial really mean? We then move on and get into six types of lawsuits that a landlord is likely to face, including negligence, liability, breach of contract, code violations, discrimination and criminal activities. No conversation about lawsuits would be complete without an examination of the methods a landlord can use to protect themselves from them. There are many methods that Joe and I describe, but we take the discussion a step further by looking at some of the costs and burdens of those methods. Are they all worth it? What is right for you? Figuring out how to seek a balance between costly and cumbersome legal structures and other less complicated measures is a major part of our discussion. Finally, we briefly discuss what you should do if you find yourself on the wrong end of a lawsuit. Should you move assets? Sell everything and move to Brazil? Tune in to find out. Give us a listen today!