The SmarterLandlording Podcast
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.
The SmarterLandlording Podcast
Episode 11 – Buying, Rehabbing and Managing Class D Apartments
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Kevin Perk – Landlord, Real Estate Investor and Founder of SmarterLandlording.com
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Episode 11
Episode 11 of the SmarterLandlording Podcast focuses on buying, rehabbing and managing class D apartments. Class D apartments look great on paper, but are more of a challenge than you might realize. My guest, Erik Nowacki, has taken on that challenge by investing in, rehabbing and managing distressed class C and D apartments. He has built up a portfolio of hundreds of apartments here in Memphis, TN.
During this episode Erik and I discuss:
- The difference between apartment classes and the risks involved in investing in them.
- Why class D properties look so good on paper while other classes might not.
- What you must do if you are considering purchasing a class D property.
- The features of the Memphis, TN apartment market.
- The tenant base characteristics for class D properties, especially here in Memphis, TN.
- What to look for when screening tenants for class D properties.
- The goals when rehabbing a class D property.
- Property management for class D properties.
- How you can be scammed when looking at buying these types of properties.
If you are looking at the numbers of a class D property and wondering how you can go wrong, then this episode of the SmarterLandlording Podcast is for you.