Get in the Cashflow Game with K&K | A Podcast for Multifamily Real Estate Investors and those Looking to get in the Game

Krystle Moore and Kenny Simpson

Krystle Moore and Kenny Simpson, active multifamily investors, convene a panel of industry experts from a variety of backgrounds to discuss all elements of multifamily investing.  Personal tales and expert advice from apartment investors, apartment syndicators, brokers, attorneys, lenders, analysts, economists, passive investors, property managers, and others are shared with our listeners. These gurus offer their experiences, strategies, and advice on how they created their multifamily real estate investing businesses and fortunes.  This podcast is for you if you invest in, advise on, develop, own, or rent commercial property. Investing for your family’s future has never been explained like this! Support this podcast: https://anchor.fm/getinthecashflowgame/support

  • 47 minutes 30 seconds
    Proven Ways to Excel at Property Management in California!

    Hey there! Kenny here and I'm excited for you to join us in this insightful episode of "Get in the Cashflow Game with K&K" as we sit down with Steve Welty from Good Life Property Management. Steve shares his journey in the property management industry, emphasizing the importance of balancing financial goals with personal values and time. We talk about the challenges and opportunities in the San Diego real estate market and discuss the impact of rent control. We also explore how to create a thriving business without sacrificing well-being. Whether you're an investor, a property owner, or just interested in real estate, this episode offers valuable insights and strategies to help you succeed. Highlights: 0:05 - The Challenge of Optimizing for Money vs. Life 2:13 - Building a Strong Team: Local and Global Insights 2:33 - Educating First-Time Landlords: The Key to Success 4:24 - Creating a Self-Managing and Self-Multiplying Company 5:05 - The Portfolio vs. Departmental Approach: Advantages and Challenges 7:09 - Lessons Learned in 10 Years of Property Management 12:07 - Balancing Financial Goals with Personal Values and Faith 16:04 - Onboarding New Clients: Setting Expectations and Building Trust 28:55 - Rent Control and Its Impact on Property Owners 39:43 - Building Wealth Through Real Estate: Long-Term Strategies If you enjoyed this episode, please give it a thumbs up, subscribe to our channel, and share it with your friends! Also, let us know in the comments what topics you’d like us to cover in future episodes. Don't forget to follow us on social media for more updates and insights from the world of real estate. If you have questions or need advice on property management, reach out to us or Steve Welty directly. Your feedback is invaluable to us, so leave a comment below and join the conversation! #investing #housingmarket #housingprices #propertymarket #stevewelty #kennysimpson #housing #housingmarket #money #housingloans #mortgagerates #mortgage #mortgagesecrets

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    8 August 2024, 3:16 pm
  • 24 minutes 25 seconds
    IS IT THE WORSE TIME TO BUY A HOUSE?

    Is Now the Worst Time to Buy a House? Let's Discuss! Welcome back to another episode of Get in the Cashflow Game with K&K! It's just K today discussing for you the hot topic that’s crossed every potential homebuyer’s mind at least once... a day: Is now really the worst time to buy a house? I'm giving you the answer here complete with data!🏡💭 Join the Conversation: Have you been thinking about buying a house? What concerns do you have? Share your thoughts and questions in the comments below or reach out to us on social media. Follow Me: Instagram: @kennybsimpson Facebook: Kenny B. Simpson Our Podcast is also on YouTube:

    https://www.youtube.com/@GetintheCashflowGame


    Thank you for tuning in, and we hope this episode helps you navigate the complexities of buying a home in today's market. See you next time! #RealEstate #HomeBuying #HousingMarket #BuyOrWait #RealEstateAdvice #FirstTimeHomeBuyer #PropertyInvesting #HousingTrends #MarketAnalysis #Podcast #RealEstatePodcast #Homeownership #MortgageTips #Investing #Finance #Economy

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    11 July 2024, 3:58 pm
  • 51 minutes 58 seconds
    RIGHT WAY TO PROTECT YOUR REAL ESTATE ASSETS

    🔒 Protect Your Real Estate and Wealth 🔒 Welcome back to my channel! In today's episode, we are going to learn about the crucial topic of protecting your real estate investments and wealth. I had the privilege of interviewing the brilliant Tommy Thornburgh from Prime Corporate Services, who shares invaluable insights and strategies on how to safeguard your assets and ensure long-term financial stability. Tommy Thornburgh, a renowned expert in asset protection, takes us through the essential steps every real estate investor should know. From setting up the right legal structures to understanding tax implications and leveraging corporate services, this interview is packed with actionable advice that can save you from costly mistakes.Click this link if you want to consult with Prime Corporate Services: https://primepartner.info/cashflowgame 📌 Key Topics Covered: The importance of asset protection for real estate investors. Legal structures and their impact on your investments. Tax strategies to maximize your wealth. Common pitfalls and how to avoid them. Real-life examples and success stories. Whether you're a seasoned investor or just starting in the real estate market, this video is a must-watch to ensure you're taking the right steps to protect your hard-earned wealth. 📅 Stay Tuned: Don't forget to like, comment, and subscribe for more expert interviews and tips on real estate investing and wealth management. Hit the bell icon 🔔 to get notified whenever we upload new content! 👉 Follow Us: Instagram: @kennybsimpson Facebook: Kenny B. Simpson 📧 Get in Touch: For business inquiries or to schedule a consultation, contact us at https://calendly.com/the-simpson-team. #realestateadvice #WealthProtection #AssetProtection #RealEstateInvesting #TommyThornburgh #PrimeCorporateServices #FinancialStability #InvestingTips #ProtectYourWealth Disclaimer: This video is for informational purposes only and does not constitute legal or financial advice. Please consult with a professional for specific advice tailored to your situation.

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    4 July 2024, 4:36 pm
  • 9 minutes 11 seconds
    Lenders Reveal Mortgage Secrets You Need to Know!

    Welcome to our channel, where today we drop insider secrets that mortgage lenders wish you knew! As a seasoned loan officer with 20 years of experience in the San Diego market, Krystle and I have seen it all. We've teamed up with  @biggerpockets  for their On The Market podcast  @BPOnTheMarket  to share those golden nuggets of wisdom to help you navigate the mortgage maze like a pro. Check out the full podcast here: https://youtu.be/V7wkZovl8ks?si=HmjhWVXRNTFPIiMP Whether you're a first-time homebuyer or looking to refinance, these tips can save you thousands and make your home-buying journey smoother. Plus, I'll sprinkle in some of my favorite dad jokes and personal anecdotes to keep things fun and engaging! 👨‍👧‍👧 As dubbed "the world's best loan officers" by our two young daughters, we promise to deliver expert advice with a touch of humor and warmth. 📈 Stay Informed with Up-to-Date Market Data! Don't forget to subscribe for weekly updates on conventional, FHA, and VA loan rates, and hit the bell icon so you never miss out on our latest tips and tricks. 👍 Like, Comment, and Subscribe! If you find this video helpful, please give it a thumbs up, share it with friends and family, and drop your questions in the comments below. I'm here to help you every step of the way! Watch Now and Unlock the Secrets to Your Dream Home! Follow Us for More Expert Tips: 🌐 Website: Getinthecashflowgame.com 📸 Instagram: @kennybsimpson @krystlersimpson 📘 Facebook: Get in the Cashflow Game #MortgageSecrets #HomeBuyingTips #SanDiegoRealEstate #FirstTimeHomeBuyer #MortgageRates #LoanOfficer #RealEstateTips #HomeLoanHelp #biggerpockets Get ready to unlock the door to your dream home with these must-know mortgage secrets!

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    28 June 2024, 6:01 am
  • 30 minutes 39 seconds
    Biden V Trump: Who Will Crash Real Estate?

    Welcome back to another episode of Get in the Cashflow Game with K&K! It’s just K today but don’t worry I’ll get K back in here soon. We are now in Season 3 on Episode 32 and our topics just keep getting hotter and hotter! I'm your host Kenny Simpson. I’m a loan officer for over 20 years now and I’ve helped more than 5,000 clients achieve their first home, dream home, or investment properties. If you just discovered us, welcome, glad to have you here today. Stick with me for this episode and feel free to browse through our older episodes. I have also started a new channel: https://www.youtube.com/channel/UCCl6RPXUs7R6D42Aa5hT-fA and I would love it if you take a look and subscribe to learn more about the mortgage process and everything current about the housing market. Before we dig deep, please hit that subscribe button and make use of the comment section, I always love to hear from you. With the upcoming election, it's important to understand how each candidate's policies could impact housing. We'll cover everything from affordable housing initiatives and tax policies to deregulation and energy independence. So, whether you're a homeowner, renter, or real estate investor, stick around. We'll break down what Biden and Trump’s plans might mean for you and the future of the housing market. #podcast #biden #trump #presidentialcandidates #presidentialelections #housingcrisis #housingmarket #housingcrash #marketcrash

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    20 June 2024, 1:06 pm
  • 19 minutes 48 seconds
    How To Win and Beat Out Cash Buyers!


    Welcome back to another episode of "Getting the Cash Flow with K&K"! This is Kenny, and today we talk about the secrets of winning in the real estate market without having to spend a lot of cash. Perfect for first-time homebuyers, we cover essential strategies and tips to help you secure your dream home without breaking the bank. If you're struggling to beat cash buyers and get your offer noticed, this episode is for you!We'll cover:How to create a winning offerBuilding a dream team (agent, lender, inspector)Understanding and leveraging seller pain pointsFast-tracking your contingencies and approvalsMake sure to like, comment, and share this video with anyone who needs this information. Don't forget to subscribe to stay updated on our latest content!🔗 Book a free call with Kenny: https://calendly.com/kennysimpson 🔗 Contact Tim Looney for mortgage questions: 619-302-2020Episode Highlights:0:00 - Introduction and importance of confidence in your team0:22 - Welcome and episode overview0:35 - Challenges in competitive markets1:00 - Strategies to get your offer accepted1:21 - Importance of having a solid team2:00 - Quick tips for winning offers2:31 - Detailed strategies for removing contingencies4:00 - Fast-tracking loan approvals7:00 - Communicating effectively with the seller's agent9:00 - Making your offer more attractive than cash buyers12:00 - Final tips for beating cash offers14:00 - Saving the seller money and offering rent-back options16:00 - Recap and final thoughts 📢 Subscribe to our channel for more real estate tips 👍 Like this video if you found it helpful! 🗣️ Share this video with friends and family interested in real estate. 💬 Comment below with your questions or experiences as a first-time homebuyer. 🔔 Turn on notifications to stay updated with our latest content. Plus + Follow me on Instagram for more content like this! https://www.instagram.com/kennybsimpson/ #realestateinvesting #RealEstateTips #InvestingForBeginners #HomebuyingSecrets #FirstTimeHomebuyer #RealEstateStrategies #cashbuyer

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    14 June 2024, 6:06 pm
  • 19 minutes 28 seconds
    UNLOCKING HOMEOWNERSHIP with NON-QUALIFIED MORTGAGE LOANS

    Welcome to another episode of "Getting the Cash Flow with K&K"! In this episode, Kenny dives into the essential strategies to help you win deals in competitive real estate markets. Learn how to get your offers accepted, beat out cash buyers, and close deals quickly. Whether you're in San Diego, California, Florida, or New York, these tips and tricks are designed to give you an edge.

    Non-Qualified Mortgage (Non-QM) loans are a type of home loan designed for borrowers who may not meet the traditional lending standards set by Qualified Mortgage (QM) rules. These loans offer flexibility in terms of documentation and borrower qualifications, allowing for alternative methods of proving income, creditworthiness, and other factors. Non-QM loans do not necessarily mean "getting a home without requirements," but rather having more flexible and varied requirements compared to traditional loans. This can include:

    - Self-employed borrowers who have difficulty documenting their income through standard methods.

    - Borrowers with recent credit events (like bankruptcy or foreclosure) who need more time to re-establish credit.

    - Investors looking to purchase multiple properties.

    - Borrowers with irregular or seasonal income streams.


    Learn about: - Strategies to win deals in competitive markets - Importance of having a strong team - Understanding the seller's pain points - How to present a compelling off Highlights 0:00 - Introduction: Importance of confidence in your team to win deals 1:00 - Challenges in competitive markets like San Diego, California, Florida, and New York 2:00 - Introduction to the series on beating cash offers and winning deals 2:50 - Kenny's background and expertise in real estate financing 3:40 - Importance of having a strong team: agents, lenders, inspectors 4:30 - Understanding seller's pain points and tailoring offers 5:00 - Tips on how to make your offer more attractive: closing speed, contingencies 6:00 - Importance of pre-qualification and having a ready-to-go lender 7:00 - Strategies to save the seller money and make your offer stand out 8:00 - Detailed discussion on building a dream team and their roles 9:00 - Importance of reputation and relationships in real estate deals 10:00 - Breaking down the offer: pre-approval, loan, and appraisal contingencies 11:00 - The significance of quick inspections and having responsive team members 12:00 - How to prepare and strategize before making an offer 13:00 - Concluding tips on winning deals and final thoughts 🔔 Subscribe to our channel for more real estate insights and tips! 👍 If you find this video helpful, please like and share it with others. 💬 Have any questions or tips? Comment below and let's discuss!

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    6 June 2024, 4:00 pm
  • 1 hour 1 minute
    Modular Housing Investor Elevates Housing, Community, and Focuses on Affordability

    Welcome to a new episode of Get in the Cashflow Game! It's a special episode for today as we feature not only one but two guests on our show! I'm happy to introduce you to Larry Blackman and Demetre Booker. In this episode, we discussed transformative real estate strategies and the importance of housing affordability. Demetre, the founder of Elevate Commercial, shares his mission to create a path to homeownership and elevate communities through innovative and socially responsible practices. About the Guests: Larry Blackman has a 40 -year Career focused on the Financial Services Industry. He is passionate in delivering the most suitable and relevant Products and Advisory to the Client marketplace. Larry as both an Investor, and now an Elevate Commercial Advisor is driven to share their Mission and Story of this Special Asset class of Investing. As a long-time High School Basketball Coach he always emphasizes the Team Approach both in Business and Life. Demetre Booker Jr is the Principal Partner of Elevate Commercial, a full-service, socially responsible, and vertically integrated commercial real estate firm. Since 2015, the firm has either acquired, partnered, and/or consulted on over 1,500 manufactured home park lots, 1,400 workforce housing multifamily units, and commercial properties totaling over 200,000 square feet. Total transaction capitalization to date is in excess $200 of million. 👍 Like, 📢 Share, and ▶️ Subscribe for more real estate insights, and don’t forget to hit the 🔔 to never miss out on our weekly updates! #SanDiegoRealEstate #HomeBuyingTips #RealEstateMarket #SanDiegoHomes #MortgageRates

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    31 May 2024, 12:44 am
  • 1 hour 12 minutes
    Timing the Housing Market: Buy Now or Wait?

    Do you know what the top dilemma for first-time home buyers is? Timing. In this industry, a lot would say that timing is everything. Some say that you should buy whenever you can afford to. Whether you’re a first-time homebuyer or looking to invest in property, understanding the perfect timing can impact you for years and even decades after. Thanks to my buddy  @rich_somers  for this episode. Check out his channel to get incredible housing market insights! 👍 Like, 📢 Share, and ▶️ Subscribe for more real estate insights, and don’t forget to hit the 🔔 to never miss out on our weekly updates! #SanDiegoRealEstate #HomeBuyingTips #RealEstateMarket #SanDiegoHomes #MortgageRates #richsomers

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    24 May 2024, 4:25 am
  • 23 minutes 41 seconds
    The Top 5 Must-Haves for your Real Estate Professionals

    Hey guys! It's Kenny on a solo podcast for this week. Welcome to those who are new and I hope you enjoy this latest video! Buying a home is a milestone journey, and having the right team by your side makes all the difference. 🏡✨ What separates a good agent from a great one, includes unmatched market knowledge, negotiation prowess, transparency, dedication to your needs, and seamless communication. Whether you're buying your first home or your forever home, these qualities ensure your real estate agent and your loan officer are truly in your corner. Don't forget to subscribe for more insights, tips, and guides to empower your real estate decisions. Hit the bell icon to stay updated on all our latest content. Your journey to homeownership starts here! 🌟 #HomeBuying #RealEstateAgent #LoanOfficer #HomeOwnership #RealEstateTips

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    29 March 2024, 1:00 pm
  • 14 minutes 59 seconds
    NAR LAWSUIT NEEDS US TO STEP UP OUR GAME!

    Hey there, welcome back to Get in the Cashflow Game with K&K! We're tackling something juicy – the big lawsuit hitting the National Association of Realtors (NAR). It’s not just courtroom drama; it’s the kind of shake-up that could change the game for everyone in the housing market. We’re diving into what this all means for the people selling homes, the ones buying them, and everyone in between.

    Highlights


    01:15 VA buyers will not be able to pay commissions 05:30 The best of the best are used to putting out fires at all time

    6:30 Transparency and customer service 011:16 Buyers are going to be the biggest losers


    So, whether you're in the market, in the business, or just plain curious, tune in to this episode. Let’s figure out together how this legal twist is turning into an opportunity to shake things up for the better in real estate. Don’t forget to hit subscribe and ring that bell – your guide to the changing world of property starts right here!

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    21 March 2024, 4:39 pm
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