Why I Am Thankful For Real Estate Investing

2 min read
Kevin Perk

Kevin Perk is a full-time buy and hold and fix and flip real estate investor with over 15 years of experience. He and his wife Terron operate Kevron Properties, LLC, a boutique real estate investing company in Memphis, Tenn.

Experience
Kevin was a past president and is a current board member of the Memphis Investors Group. He’s also a blogger and writer who has authored hundreds of real estate investing articles on BiggerPockets and his own blog, SmarterLandlording.com, some of which have been featured on The Motley Fool and MONEY: Personal Finance News & Advice.

Kevin is also host of the SmarterLandlording podcast.

Originally from the Washington D.C. area, Kevin moved to Memphis to attend graduate school at The University of Memphis. After receiving his master’s degree in City and Regional Planning, Kevin climbed the planning career ladder to eventually become planning director of a county in the Memphis metro area. He “retired” from planning in 2003 to pursue real estate investing full-time.

Since “retiring,” Kevin’s main real estate investment strategy has been to buy and hold, otherwise known as landlording. Generally working in historic Midtown Memphis, Kevin is also known to fix and flip grand, historic homes when the right opportunity presents itself. He and his wife Terron (who is the principal broker at Perk Realty) have participated in dozens of real estate transactions in the Memphis metro area.

Kevin has the heart of a teacher and believes in helping others through education. An instructor of college-level geography for over 25 years, Kevin also regularly participates in seminars and panel discussions at such forums as the Memphis Investor’s Group and the Single-Family Rental Summit.

In addition, Kevin has been interviewed in publications such as the Memphis Commercial Appeal, the Memphis Daily News, and the Foreclosure News Report.

Education
Kevin earned a master’s in City and Regional Planning from The University of Memphis.

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Thanksgiving is just around the corner, a good time to sit back and reflect a bit on what you have to be thankful for.  Hopefully, your list is a long one and includes real estate investing.

I have been investing in real estate for over 10 years now, so I thought I would take this time to reflect on what real estate has done for me that I am most thankful for.  Yeah sure, there is the money, but I am thinking on a bit deeper level.

So here are five things real estate has made me thankful for.

Real estate investing got me out of the rat race

No I am not sitting on a beach in Panama (yet) running my business over the internet.  But I was able to quit the 9 to 5 job.  No more commutes, no more bosses, no more stuff like this.  I now have more time for things I like to do, such as running, spending time with my wife and of course investing in real estate. 🙂

Real estate investing taught me many new skills

I can install a kitchen sink and fix minor plumbing.  I can hang a door and do minor carpentry.  Sure I hire many of these things out now, but it is nice to have these skills.  Having these skills has provided me with a confidence (especially when deal with contractors) I did not have before.

Real estate investing has introduced me to many, many new friends and colleagues

From bankers and lawyers to wholesalers and contractors and even other investors, I have met and worked with a lot of great people that I otherwise would have likely never met, and if I had, would only have been in passing.

Real estate investing has broadened my scope of knowledge

Throughout my real estate career I have invested in and read many books and courses which opened my brain to ideas I had never thought of before.   My interaction with the folks listed above has taught me about accounting and taxes, law, markets and banking, housing and construction and a host of other things.  These are things I would have never had the time or inclination to learn in my 9 to 5 job.

Finally, I am thankful to real estate investing because it has, I believe, made me a better person

My perspective and life has been greatly broadened because of the four items listed above.  Real estate investing forces me to get outside of my comfort zone and try things I would never have thought of trying before such as marketing, blogging and writing and just plain talking to people to see if I can help them out or work a deal.

Looking back over these five items, I guess I can say that I am just thankful I got into this business.  Sure it has its ups and downs, but overall life is just better and for that I am truly thankful.

So what has real estate investing made you thankful for?  Please share your thoughts and stories.   Everyone have a great Thanksgiving!
Photo Credit: Viewminder