Archive of Kevin Perk
Kevin Perk is co-founder of Kevron Properties, LLC with his wife Terron and has been involved in real estate investing for 10 years. Kevin invests in and manages rental properties in Memphis, TN and is the past president and vice-president of the local REIA group, the Memphis Investors Group.
Kevin has written 50 articles for The BiggerPockets Blog.
Real Estate Investing
by Kevin Perk
June 17, 2013
There was an auction for a couple of investment properties in my area not to long ago and I decided to go and try my hand. I have never had any success buying properties at an auction. Someone always seems to be doing too much at auctions, such as asking for or paying too much. [...]
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Landlord Tenant
by Kevin Perk
June 10, 2013
Buying an investment property always means calculating the expected return and evaluating the potential risk. Running the numbers is one way we investors calculate our expected return and attempt to evaluate risk. When buying an investment property with existing tenants, the tenants are one of those risk factors. Most tenants may be prompt paying, honest [...]
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Landlord Tenant
by Kevin Perk
June 3, 2013
As a buy and hold investor, tenants are the lifeblood of my business. They pay our bills plus give us a little extra to put food on our table and gas in the car. There are many tenant horror stories out there, but most of these can be avoided with proper tenant screening techniques and [...]
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Business Management & Productivity
by Kevin Perk
May 27, 2013
It is Memorial Day weekend, the unofficial beginning of summer. The time when many go on or start thinking abut vacations. One of the most difficult things about being your own boss can be finding the time to get away. We all need the chance to recharge our batteries once in a while, but when [...]
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Investor Psychology
by Kevin Perk
May 20, 2013
How many of you have been here before? You are making small talk at a party or other social gathering and someone asks, “What do you do?” I do not try to hide anything and am pretty proud of what I have accomplished so I usually will tell people something along the lines that I [...]
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Real Estate Investing
by Kevin Perk
May 13, 2013
Most of the properties I have bought over the years were distressed properties. By distressed I mean that the property is either in or very near to foreclosure. Since I generally buy smaller apartment buildings (with some single family homes thrown in there as well), I find that this is the easiest way to acquire [...]
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General Real Estate
by Kevin Perk
May 6, 2013
Squirrels are really crafty creatures. They manage to get into some pretty tight places. Here in Memphis, and I am sure in other places as well, they really love to get into attics and crawl spaces. And I am here to tell you, nothing freaks a tenant out more than hearing the pitter patter of [...]
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Real Estate Investing
by Kevin Perk
April 29, 2013
If you are thinking about becoming a real estate investor, I want to say congratulations. Real estate investing is one of the most interesting and satisfying ventures you can get into. Real estate was completely new to me when I started and it may be to you as well. Don’t worry about that, you can [...]
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Investor Psychology
by Kevin Perk
April 22, 2013
When I first started thinking about becoming a real estate investor, I knew I would have to learn many new things. Over the years as I learned, practiced and became successful something unexpected happened – I noticed my mindset was changing. I began to think about and see the world in ways I had not [...]
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Taxes
by Kevin Perk
April 15, 2013
It is tax day, April 15th. A good time to remind people that it is not about what you make, it is about what you get to keep. One of the best things about being a real estate investor is the many federal income tax advantages that are available. Real estate investing lets you keep [...]
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Real Estate Investing
by Kevin Perk
April 8, 2013
Dear Tenant, Thank you for recent maintenance request. We take every request seriously. Please understand that we want your stay with us to be a good one. In that respect, here are some things we ask you to consider. We know you want your particular problem fixed as soon as is possible. We do too. [...]
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Real Estate Investing
by Kevin Perk
April 1, 2013
Selecting good tenants is one of the keys to being a successful landlord. Getting those good tenants to stay for the long term is another. Long term tenants are good for business as they reduce the costs associated with tenant turnover. However your property’s location and the associated tenant base may not foster long term [...]
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Real Estate Investing
by Kevin Perk
March 25, 2013
Every year about this time as I do my taxes, I think about my LLC. I incorporated my landlording business about 10 years ago. I recall that I was at a real estate seminar listening to one of the gurus talking about how you had to incorporate to protect your anonymity and your assets. This [...]
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Real Estate Investing
by Kevin Perk
March 18, 2013
Investment properties are bought by investors. Investors are generally looking for one thing: a good rate of return. Numbers are what drives the purchase decision. Emotions and other factors (like schools, etc) generally do not fit into the equation. Both buyers and sellers of investment properties need to be clear on this. The Truth about [...]
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Landlord Tenant
by Kevin Perk
March 11, 2013
I have listened to many real estate seminars over the years where the speaker has touted the benefits of anonymity. We were told that you should never tell your tenants that you own the property. Instead, we were told to tell tenants that you work for a group of investors/owners. This would provide you with [...]
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