November 18, 2014 • 71 mins
Episode 6 of the Smarter Landlording Podcast is an interview with Joe Kirkland, real estate attorney. Joe is my go to guy for real estate closings and real estate legal advice. Joe has been practicing law here in Memphis, TN since 1975 and today focuses solely on real estate transactions. Joe is a wealth of knowledge and in this episode he shares some basic information on titles and closings that every real estate investor should know. Listen and learn
• What is equitable vs. legal title,
• Why local counsel is so important,
• What the most important part of the real estate deal is,
• What is the secret to reading a HUD-1 closing statement,
• What rights come with your title,
• Why a title search is so important,
• Why you want a warranty deed,
• What is the “Badge of Fraud,”
• About red flags to look for in a title search,
• Should you record your deed,
• What types of transactions should investors generally avoid.
• And much, much more!
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