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

Episode #179

Join us for another episode on the current rollercoaster of the real estate market where inventories keep getting low while interest rates keep going high.

In this episode of Get in the Cashflow with K&K, we delve into the current state of the real estate market, where low inventories and high-interest rates are shaping the landscape for buyers, sellers, and investors.

With housing demand soaring in recent years, inventory levels have struggled to keep pace, leading to increased competition among buyers. We explore the factors contributing to this scarcity, including population growth, changing housing preferences, and limited new construction.

Next, we shift our focus to the impact of high-interest rates on the real estate market. As borrowing costs rise, we explore how this affects affordability and the purchasing power of potential buyers. But there is a glimmer of hope. We discuss how we currently are in a much better position as borrowers compared to 2008.

Additionally, we discuss the potential long-term implications of low inventories and high-interest rates on the real estate market. We explore how these factors may impact home prices, rental markets, and the overall stability of the housing sector.

Whether you're a first-time homebuyer, a seasoned investor, or someone curious about the current state of the real estate market, this episode provides valuable insights and practical advice for thriving in an environment characterized by low inventories and high-interest rates.

——

To learn more about our podcast hosts Krystle and Kenny, follow them on Instagram:

——

SPONSORS:

#realestate #podcast #realestateinvesting #housingmarket #inventory #sandiego #sandiegorealestate #realestateinvestor

Banking Crises: Understanding the Causes and Consequences

Banking crises are often disruptive and have far-reaching consequences for economies and societies. They can undermine financial stability, erode public trust, and lead to severe economic downturns. Understanding the causes and consequences of banking crises is crucial for policymakers, economists, and the general public. In this article, we will delve into the complexities of banking crises, shedding light on their origins, impact, and potential preventive measures.

First things first, let's define what a banking crisis is. A banking crisis refers to a situation in which a significant number of banks or financial institutions face severe difficulties or fail altogether. It involves a breakdown in the stability and functioning of the banking system, typically characterized by a wave of bank runs, insolvency, liquidity shortages, or excessive risk-taking.

In this episode, Kenny delves deep with Sean Puckett, a banker with CalPrivate, who has over 20 years of experience. Were there any financial imbalances, poor risk management, or macroeconomic factors? Or perhaps regulatory and supervisory failures? Was it one, several, or all of these reasons?

We now know that we are headed to an economic recession, but what are the other effects of a banking crisis?

Banking crises are complex events with far-reaching implications. Understanding their causes and consequences is crucial for safeguarding financial stability and fostering sustainable economic growth. By implementing robust regulatory frameworks, strengthening risk management practices, and adopting preventive measures, policymakers can mitigate the risks associated with banking crises and promote a resilient and stable banking system. Make sure to watch this podcast from start to finish!

—— To learn more about our guest, Sean Puckett, connect with him here: https://www.linkedin.com/in/sean-puckett-b063385 To learn more about our podcast hosts Krystle and Kenny, Follow them on Instagram: Krystle’s Instagram: krystlersimpson Kenny’s Instagram: kennybsimpson —— SPONSORS: *Prime Corporate Services: Whether you’re new to owning a business or owning property or you’re an experienced business owner, Prime Corporate Services will help you and make the process so much easier. So, if you book a call the first thing they are going to do for you is help you understand what your business structure should look like, your corporate structure, tax planning, estate planning, and all of that. Maybe you’re saying, I’m brand new to starting a business and all of this sounds foreign and complicated, remember, this company helps new people just getting started every day. They will help you form the entity that’s best for you and walk you through the process. Visit https://primepartner.info/gitcg to schedule a free call! *Cost Segregation Services: We have been working with Tim Looney at CSSI for a few years now and he has saved our clients and our hundreds of thousands, if not millions of dollars, in taxes doing Cost Segregation Studies. Let me give you a few examples. We bought a property in 2019, if we had just used straight-line depreciation, we would have saved about $18,750. Because we did a cost seg we saved $258,000 – that’s $239,350 more than standard straight-line depreciation in the first year! Call Tim Looney at (318) 469-9861 to schedule a complimentary property analysis, and tell him Krystle and Kenny sent you!

In the dynamic realm of real estate, property valuation holds a crucial role. Have you ever wondered about the intricate process of assessing the worth of a property? In this enlightening podcast episode, we delve into the captivating world of property appraisal as we interview John Dingeman - Chief Appraiser of Class Valuation, shedding light on his expertise, challenges, and unique insights. Join us as we unravel the secrets behind the art of property valuation.

Whether you're a real estate enthusiast or simply curious about the appraisal process, this episode promises to broaden your understanding and leave you with a newfound appreciation for the art of property valuation. Remember to tune in to this captivating podcast episode to gain exclusive insights from a Chief Appraiser and discover the secrets behind the valuation of properties.

——

To learn more about our guest, John Dingeman, connect with him here: https://www.linkedin.com/in/johndingeman

To learn more about our podcast hosts Krystle and Kenny,

Follow them on Instagram: 

Krystle’s Instagram: krystlersimpson 

Kenny’s Instagram: kennybsimpson

——

SPONSORS: 

Prime Corporate Services: Whether you’re new to owning a business or owning property or you’re an experienced business owner, Prime Corporate Services will help you and make the process so much easier. So, if you book a call the first thing they are going to do for you is help you understand what your business structure should look like, your corporate structure, tax planning, estate planning, and all of that. Maybe you’re saying, I’m brand new to starting a business and all of this sounds foreign and complicated, remember, this company helps new people just getting started every day. They will help you form the entity that’s best for you and walk you through the process. Visit https://primepartner.info/gitcg to schedule a free call! 

Cost Segregation Services: We have been working with Tim Looney at CSSI for a few years now and he has saved our clients and our hundreds of thousands, if not millions of dollars, in taxes doing Cost Segregation Studies. Let me give you a few examples. We bought a property in 2019, if we had just used straight-line depreciation, we would have saved about $18,750. Because we did a cost seg we saved $258,000 – that’s $239,350 more than standard straight-line depreciation in the first year! Call Tim Looney at (318) 469-9861 to schedule a complimentary property analysis, and tell him Krystle and Kenny sent you!

Episode #176 Welcome back to Get in the Cashflow Game with K&K! This is a very loaded episode with award-winning realtor Patrick Kappel. Patrick loves real estate - loves buying them, collecting a portfolio, helping people start their own portfolio, and helping them build wealth in the process. You will never get better advice than buying real estate at any time. Make that decision to buy your first real estate and don't look back. This is a must-episode! Be sure to watch until the end and share with your friends and link to your socials. Highlights: 01:25 - Introduction 02:00 - Making the first real estate purchase 05:00 - The Secret to be successful in real estate investing 07:35 - Your first property 10:03 - Building wealth through real estate 11:20 - Building a real estate team 13:00 - Metrics for the team 13:57 - Educating clients as a strategy 17:55 - House hacking 20:00 - Real estate appreciation in San Diego 28:00 - Negative cashflow real estate 32:00 - The purpose of your investments 36:50 - The biggest issue in RE 41:00 - When you should buy real estate 45:40 - When is San Diego going to have a healthy RE market 50:00 - Why you should invest in San Diego real estate 56:00 - Big money and decisions 58:51 - END Thank you so much for watching! See you again next week for another exciting episode! ------ To learn more about our guest, Patrick Kappel, visit: https://kappelrealtygroup.com/ To learn more about our podcast hosts Krystle and Kenny, follow them on Instagram: 📸 Krystle's Instagram: krystlersimpson 📸 Kenny's Instagram: kennybsimpson Learn more about property investing from Kenny & Krystle HERE: www.getinthecashflowgame.com ------ SPONSORS: 🤝 Prime Corporate Services: Whether you’re new to owning a business or owning property or you're an experienced business owner, Prime Corporate Services will help you and make the process so much easier. So, if you book a call the first thing they are going to do for you is help you understand what your business structure should look like, your corporate structure, tax planning, estate planning, and all of that. Maybe you’re saying, I’m brand new to starting a business and all of this sounds foreign and complicated, remember, this company helps new people just getting started every day. They will help you form the entity that’s best for you and walk you through the process. Visit https://primepartner.info/gitcg to schedule a free call! 🤝 Cost Segregation Services: We have been working with Tim Looney at CSSI for a few years now and he has saved our clients and our hundreds of thousands, if not millions of dollars, in taxes doing Cost Segregation Studies. Let me give you a few examples. We bought a property in 2019, if we had just used straight-line depreciation, we would have saved about $18,750. Because we did a cost seg we saved $258,000 – that’s $239,350 more than standard straight-line depreciation in the first year! Call Tim Looney at (318) 469-9861 to schedule a complimentary property analysis, and tell him Krystle and Kenny sent you!

EPISODE #175

It's another K&K solo podcast! This week it's all about Kenny and his new webinar "Data Over Drama." Ever the data nerd, Kenny shares his passion for data and housing. Here are some highlights from this episode: 01:05 - Intro to Data Over Drama 03:00 - Correlation between the number of births x buyers 03:35 - Biggest home buyers 06:41 - Number of times people move houses 10:54 - Number of housing units built 17:07 - Household Growth 22:23 - Private Securitization & Portfolio 26:00 - Foreclosure 29:20 - End The Data Over Drama PDF is coming out next week and the full video version is launching soon. Follow us on socials if you haven't already and send us a DM there to get on our mailing lists: 📸 Krystle's Instagram: krystlersimpson 📸 Kenny's Instagram: kennybsimpson Thank you so much for watching! See you again next week for another exciting episode! Learn more about property investing from Kenny & Krystle HERE: www.getinthecashflowgame.com

--------------------

SPONSORS: 🤝 Prime Corporate Services: Whether you’re new to owning a business or owning property or you're an experienced business owner, Prime Corporate Services will help you and make the process so much easier. So, if you book a call the first thing they are going to do for you is help you understand what your business structure should look like, your corporate structure, tax planning, estate planning, and all of that. Maybe you’re saying, I’m brand new to starting a business and all of this sounds foreign and complicated, remember, this company helps new people just getting started every day. They will help you form the entity that’s best for you and walk you through the process. Visit https://primepartner.info/gitcg to schedule a free call! 🤝 Cost Segregation Services: We have been working with Tim Looney at CSSI for a few years now and he has saved our clients and our hundreds of thousands, if not millions of dollars, in taxes doing Cost Segregation Studies. Let me give you a few examples. We bought a property in 2019, if we had just used straight-line depreciation, we would have saved about $18,750. Because we did a cost seg we saved $258,000 – that’s $239,350 more than standard straight-line depreciation in the first year! Call Tim Looney at (318) 469-9861 to schedule a complimentary property analysis, and tell him Krystle and Kenny sent you! #getinthecashflowgame #realestateinvesting #podcast #realestate #sandiego #inventory #investing #housingmarket #cashflow

Are Banks Too Broke to Lend?

Highlights: - Learn about how money works - Investing smartly - be the casino, not the gambler - The credit crunch started mid of last year, not just now - a combination of lenders not honoring the rates they promised and lenders backing out of lending completely - There are still banks that do loans, and there are options, but it's constantly changing - If banks are not meeting you, pivot. Especially if you are not as liquid but want to start your first building (construction loan), private money is an option - Be aggressive, if you're new in the business it's going to be very difficult - There's a view that banks are out they're not lending, but there are banks who rise to the occasion - In terms of whose lending, they are the ones who didn't lend at the bottom rates. They could still afford to lend right now because their interest was a little high and their volume rate was lower because they were not the cheapest game in town - The lenders taking a step back right now were the aggressive lenders. They lent at a very low rate and did a ton of deals.

Episode #172 - How to Build Powerful Networks

What's up, everybody! We have a special episode today as this is an episode from Justin Stoddart's Think Bigger Real Estate podcast. It's also the first time we're uploading an episode complete with the video recording. Let us know how you like it! I had a great time talking about networking because Krystle and I are natural networkers. We have been doing this for so many years and creating bonds with people and groups have helped us to tremendously grow personally and professionally.

Here's an excerpt from Justin's article on our podcast episode:

"One of their biggest value propositions is how they have created their own investment portfolio over the years by adapting to different markets. Their first pivot in the crash of ‘08 was starting a Property Management company that grew from zero to 1500 units in 3 years. They then bought a house together and flipped it for a profit of about a half million dollars. They invested this in multi-family units and started investing in Real Estate, resulting in a $20M portfolio that yields about $25k/month net today. He tells us he landed in the office of Gary Vaynerchuk, one of the most influential CEOs in the industry. His advice was to go home and give away everything they’d learned. Upon this advice, he started a podcast where they now spend their time teaching finance and how to have steady streams of passive income, helping people build portfolios and get into property management as they did. HOW DO YOU “GET GOOD”? Their network grows behind them in the wake of the personal success they created. Their results created a natural following of people with the same hunger to create these results. Kenny tells us if he could go back, he would invest in quality coaching much sooner. He has earned the attention of Gary V himself as a coach, and he says you can either pay or be invited but both are going to be equally valuable in building your network. When considering a coaching opportunity, ask yourself: “What rooms can this person get me into?” You’re not just hiring their input, you’re investing in a coach with a network, and in doing so you grow your own. You are one introduction away from the keys that will unlock doors you could never access by yourself. You can hack time based on who your coach has been around. Coaching is not an expense it’s an investment – you get a return on that dollar!" - https://thinkbiggerre.com/building-a-powerful-network-352/

------

Learn more about property investing from Kenny & Krystle:

www.getinthecashflowgame.com

Connect with Justin Stoddart: YouTube: https://www.youtube.com/c/justinstoddart Instagram: https://www.instagram.com/justinstoddart/ Facebook: https://www.facebook.com/thinkbiggerrealestate/ LinkedIn: https://www.linkedin.com/in/justinstoddart/

Monthly Update for the month of March 2023

- What rates drive demand?

- Do you know where your money is?

- Post- SVB are there still opportunities?

These are just some of the questions that I explored in this month's update. Join me as I try to make sense of the real estate landscape and interpret the data we got.

Highlights:

00:09 - Intro

04:32 - Mortgage rates

11:36- Inventory challenge

16:35 - Lookback at Q3 2022 report

22:00 - Prices of existing homes 25:50 - Watch your wealth

27:05 - Support regional banks

28:53 - Be passionate about your money

33:45 - END

Episode #171 We are very excited to drop this episode with badass boss lady Codie Sanchez - an investor, speaker, and business builder. Codie is the founder and CEO of Contrarian Thinking, with over 2.5+ million subscribers. She is the co-founder of Unconventional Acquisitions, focused on small business acquisitions in the micro-PE space with an emphasis on roll-ups. Episode Highlights: 01:40 - Intro of Codie Sanchez 02:30 - How she got started with cash businesses 05:05 - Her mentors 08:30 - Extend your time by outsourcing 10:00 - On buying businesses with a limited budget 17:20 - Permission-based leverage 20:04 - Putting out content 26:30 - Finding the right talent 31:15 - Where will be the biggest pain? 34:12 - Office and Retail impacted 41:34 - Email Marketing is where it's at 42.55 - TikTok will be gone in 5 years 46:00 - Drive to pursue small businesses 49:00 - Time management 1:04 - END Learn more about property investing from Kenny & Krystle HERE: www.getinthecashflowgame.com

Episode #170 

In the wake of the SVB Collapse, Kenny and Krystle are urging you to not take your money out of small banks.  

Highlights:  

03:15 - Intro 

05:30 - Small banks are losing a lot of deposits 

06:30 - Loss of deposits takes away small banks' ability to loan money 

12:50 - Watch your money 

16:40 - Understand the strategies of the wealthy 

17:40 - Opportunities in the wake of the SVB collapse 

19:04 - Small banks will shut down if deposits are continually being taken out 

20:56 - Recession will quickly follow 

24:15 - Development is coming to a standstill 

27:12 - Are loans safe? 

29:11 - Industries that are going to be in trouble 

31:15 - Where will be the biggest pain? 

34:12 - Office and Retail impacted 

35:00 - AirBnBs and other rentals affected 

36:12 - Hospitality industry in trouble? 

38:28 - END

Learn more about property investing from Kenny & Krystle HERE: www.getinthecashflowgame.com

Episode #169 Breaking the stigma and stereotypes of mobile homes  

For this week's episode of Get into the Cash Flow with K&K, Franco Perez guest stars in this episode on how mobile homes is slowly changing the landscape of property investing.   

Franco is a self-made entrepreneur from immigrant parents and has seen first-hand how renting can eat away at your income. For him, mobile homes are the most practical solution to owning your own property. It is also an attractive option for those who want to build their own property investment portfolio.  

LISTEN to the full episode and get that cash flow going! Like, share, and subscribe to our channel!   

------------------------- 

Highlights:  

03:46   Intro of Franco Perez 

04:45   Franco's background 

06:00   How he started in real estate 

12:00   Life-changing experience that gave him the drive to start a business 

15:00   Adapting to difficulties in life  

18:40   Defining affordable housing  

19:24   Mobile homes as an option for those struggling with housing 

20:28   Debunking the stigma around mobile homes 

22:20   Building equity in mobile homes 

23:17   The mobile home business model  

25:20   Financing mobile homes  

26:00   Government support on financing mobile homes 

28:35   Cost and appreciation of mobile homes 

30:50   Benefits of owning mobile homes   

33:27   Who buys mobile homes 

35:00   Investing in mobile homes 

40:59   Fighting stigma around mobile homes 

42:00   Overcoming poverty by investing in mobile homes 

47:09   END  

Learn more about Franco Perez HERE: https://www.francomobilehomes.com/

Learn more about property investing from Kenny & Krystle HERE: www.getinthecashflowgame.com

Be A Marketer that Sells Real Estate!

For this week's episode of Get into the Cash Flow with K&K, Kenny talks to Dustin Brohm, host of the popular Massive Agent Podcast for Realtors and Mortgage Loan Officers. Dustin is also the Founder of the Massive Agent Society, a comprehensive Facebook Ad lead gen training & coaching program.

Dustin is a natural marketer "who happens to sell real estate." After discovering content marketing a few years ago, and implementing the social media and online marketing strategies he learned along the way, he has helped hundreds of real estate agents and mortgage loan officers to get more business through lead generation.

It's clear that the real estate industry is broken which is why Kenny and Dustin share how digital marketing should be part of your strategy from day one.

LISTEN to the full episode and get that cash flow going! Like, share, and subscribe to our channel!

-------------------------

Highlights:

02:46 Dustin's introduction and early struggles in sales

05:18 Shift in his mindset and the realization of a different way of doing sales

06:45 Passion for digital marketing was ignited

15:36 Video is king in real estate marketing

17:00 Experience is the greatest teacher 

18:40 Picking a strategy 

20:00 Push yourself to start at a platform you are familiar with

22:20 The secret to mastering YouTube

24:20 Quantity finds the Quality

28:00 Dustin's tip for setting priorities

30:00 Work on your personal life to succeed in your career or business

33:50 Focus on marketing should be applied from day 1

35:00 The real estate industry is broken make your own way

37:00 Don't rely on your team leaders, make your way yourself

42:30 Find the support system you need in a mentor or business partner

47:40 Connecting with Dustin

It's Podcast Friday once again and Krystle and Kenny Simpson are back with a secret hack they have been using for 2 years! 

In this episode of Get in the Cashflow Game with K&K! Krystle and Kenny are joined by Jessica Pringer, the Founder and Owner of Concierge Clinicians.  Jessica is a registered nurse and the founder of Concierge Clinicians. 

She is a proud Kentucky native who spent her early career building a strong foundation in intensive care and emergency and trauma services at The University of Kentucky Hospital. Thereafter, travel nursing allowed her the opportunity to see the country.   She has an array of experience including Emergency Room, ICU, Hospice, aesthetic nursing, and mobile hydration. Her wide range of expertise brought about the concept of Concierge Clinicians.  

Learn more about success by visiting our website at https://getinthecashflowgame.com.

HIGHLIGHTS:  

⭐ IV gives you life when you need it; it gives you the energy to keep going 

⭐ We need drips as supplements because are all naturally dehydrated 

⭐ 7 Reasons for IV Drip Therapy

04:07 - Jessica's intro and background 

05:35 - Las Vegas as the entry point of the Ivy industry 

06:10 - IV drips as part of recovery 

07:45 - IV drip bridal parties 

09:35 - IV vitamin drips as prevention for getting sick 

11:45 - 7 Reasons for ivy drip therapy 

11:50 - #1 Cure your hangover 

12:13 - #2 Cure food poisoning 

13:31 - #3 Cure migraines  

13:37 - #4 Cure viral illnesses  

13:45 - #5 Prep for athletes before a competition 

13:52 - #6 Recovery drip for athletes  

14:40 - #7 Preventive measure 

15:17 - IV drip to take care of yourself while hustling and grinding 

18:48 - We don't get enough vitamin D 

24:25 - It decreases the inflammations in your body 

26:00 - IV drips help with seasickness 

28:46 - How long does an ivy drip last 

29:14 - Appropriate age for kids to get ivy drips 

30:00 - Jessica's passion for ivy therapy 

33:10 - Step-by-step process on what happens when you book Jessica's mobile ivy therapy services 

36:34 - Rapid fire Q&A 

41:03 - END

MORE ABOUT THE GUEST  

To know more about Jessica, visit her website at https://www.conciergecliniciansnow.com Follow her on Instagram: https://www.instagram.com/concierge.clinicians/  

ABOUT THE HOSTS Follow Krystle and Kenny on these channels:  

Get in the Cashflow Game Instagram: https://www.instagram.com/getinthecashflowgame

Check out the website: https://linktr.ee/getinthecashflowgame

Follow Krystle: https://www.instagram.com/krystlersimpson

Follow Kenny: https://www.instagram.com/kennybsimpson

Moneeka is successful as a podcast host herself and helms the top-rated show Real Estate Investing For Women. She's graced platforms like TedX, Harvard, Fox 5, and CBS.

Moneeka is the acclaimed author of The Ultimate Guide to Building Authentic Happiness and Bliss. Moneeka's philosophy as she shares in her book is to live a life full of joy, where being happy becomes a habit.

Hardcopies of her book are available on this Amazon link: https://tinyurl.com/yckj5dn9

MORE ABOUT THE GUEST

To know more about Moneeka, follow her on these channels:

Youtube - https://www.youtube.com/channel/UC4FF7vwqQI1HsZ1uXln4-uQ Linkedin - https://www.linkedin.com/in/moneeka-sawyer-4561145/ Instagram - https://www.instagram.com/moneekasawyer/

ABOUT THE HOSTS

Follow Krystle and Kenny on these channels:

Get in the Cashflow Game Instagram: https://www.instagram.com/getinthecashflowgame/ Check out the website: https://linktr.ee/getinthecashflowgame Follow Krystle: https://www.instagram.com/krystlersimpson/ Follow Kenny: https://www.instagram.com/kennybsimpson/

HIGHLIGHTS:

⭐ Change your Mindset from being a Spender to becoming an Investor
⭐ Look for your Northstar - Why, Core values, and Truthfulness
⭐ Success without Bliss is unsustainable

---
01:10 - Moneeka's intro and background
03:30 - Inspiration for Blissful Inventor brand
06:40 - Shift from spending mindset to investing mindset
10:30 - Advice on how to get there
12:00 - An investing mindset is developed by spending time with people who think the same
13:45 - Owning houses trumps owning nice things
14:30 - Realtors need to walk the talk by owning their own homes
17:23 - Decision-making should be based on the need
18:20 - Focus on what your Why is because this is key to changing your mindset
20:30 - Place your Why over your goals
21:45 - Look for your Northstar - Why, Core values, and Truthfulness
22:30 - Go to blissfulinvestor.com/values to take the exam
23:21 - Core values are key to limitless success
24:05 - No right or wrong core values, but be honest about what's important to you
25:30 - Advice on how to feel blissful in what you do
30:30 - Success without Bliss is unsustainable
32:00 - Better doesn't necessarily mean more money
33:00 - Getting caught up in the competition of life
35:00 - What Bliss looks like
38:00 - Bliss even when facing pain
40:40 - Desperation of Money makes it harder to reach Bliss
44:03 - Hang out with people who are willing to share their brilliance
48:00 - Have an open mindset and be willing to approach people
52:10 - What is generational wealth
57:12 - END

--- SPONSORS:

🤝 Prime Corporate Services: Whether you’re new to owning a business or owning property or you're an experienced business owner, Prime Corporate Services will help you and make the process so much easier. So, if you book a call the first thing they are going to do for you is help you understand what your business structure should look like, your corporate structure, tax planning, estate planning, and all of that. Maybe you’re saying, I’m brand new to starting a business and all of this sounds foreign and complicated, remember, this company helps new people just getting started every day. They will help you form the entity that’s best for you and walk you through the process. Visit https://primepartner.info/gitcg to schedule a free call!

🤝 Cost Segregation Services: We have been working with Tim Looney at CSSI for a few years now and he has saved our clients and our hundreds of thousands, if not millions of dollars, in taxes doing Cost Segregation Studies. Let me gi

Neel Dhingra is a digital creator and a leading authority within the mortgage and real estate industry. As an entrepreneur and a creator, Neel saw an opportunity in the white space created where the large firms and marketing departments were utterly unaware of the rapidly growing digital content creation space.

Welcome to the Get in the Cashflow Game podcast with your hosts Krystle Moore and Kenny Simpson. Neel Dhingra joins us. Neel started creating relevant content, educating consumers about homeownership and financial opportunities and as a result, Neel grew his mortgage business by over 1000% within three years by leveraging content marketing through multiple platforms, even within a volatile market.

👂🏻Podcast MUST LISTEN to Time Stamps:

🎧About Neel Dhingra:

Neel Dhingra is a digital creator and a leading authority within the mortgage and real estate industry. As an entrepreneur and a creator, Neel saw an opportunity in the white space created where the large firms and marketing departments were utterly unaware of the rapidly growing digital content creation space.

He started creating relevant content to bring much-deserved attention to the digital content creation space, educating consumers about homeownership and financial opportunities. As a result, Neel grew his mortgage business by over 1000% within three years by leveraging content marketing through multiple platforms.

He then created content alongside some of the biggest names in marketing, becoming a trusted resource in an otherwise stale industry. Recently he was recognized as a Top Video Influencer by industry software provider BombBomb & Tom Ferry.

On the heels of his success in the content creation space, Neel wanted to help other like-minded individuals within the industry to learn how they could do the same - and Forward Academy was born.

📲Connect with Neel Dhingra:

Website: https://www.forwardacademy.com

Instagram: https://www.instagram.com/neelhome/

TikTok: https://www.tiktok.com/@neelhome

YouTube: https://www.youtube.com/neeldhingra 

Rich Somers is an active real estate investor and entrepreneur holding a portfolio of apartment buildings and short-term rental values in excess of $35M😱. Rich started his real estate investing journey by cashing out his 401k to buy his first apartment...the rest is history.

Welcome to the Get in the Cashflow Game podcast with your hosts Krystle Moore and Kenny Simpson. We are joined by Rich Somers. Rich has grown his portfolio to over 350 units and has left his corporate job for good. Rich co-hosts a weekly real estate investing podcast, “The Multifamily Takeoff”, where he interviews top real estate investors and industry experts from all over the world.

👂🏻Podcast MUST LISTEN to Time Stamps:

00:00 Intro

06:04 Rich Somers background and how he got into real estate investing

09:17 Transition to  Fortune Cribs (Short Term Rentals and Boutique Hotels)

11:00 Overcoming the "next step" jitters and surrounding yourself with the right people.

20:00 Advice for anyone that is looking to partner with anyone in real estate investing.

22:42 Breaking down the WHY to vacation rentals and boutique hotels

32:00 Beachfront acquisition and how to deal with out-of-state management.

43:00 Praising San Diego for its real estate opportunities

01:08:10 targeting markets with regulations

01:17:26 Networking events and where you can find out more about Rich Somers

🎧About Rich Somers:

Rich is an active real estate investor and entrepreneur holding a portfolio of apartment buildings and short-term rental values in excess of $35M. Rich started his real estate investing journey by cashing out his 401k to buy his first apartment building, and today Rich has grown his portfolio to over 350 units and has left his corporate job for good. Rich co-hosts a weekly real estate investing podcast, “The Multifamily Takeoff”, where he interviews top real estate investors and industry experts from all over the world. He also co-hosts a monthly real estate networking event in his local city of San Diego.

Most recently, Rich founded Fortune Cribs as he discovered a shortage of sophisticated, performance-driven operators and a growing need for an all-in-one acquisition, design, and management firm in the short-term rental space. A graduate of California State University San Marcos College of Economics, Rich is passionate and eager to leverage his network and expertise to help you maximize your returns and grow your real estate portfolio.

📲Connect with Rich Somers:

Website: https://www.pac3capital.com

Instagram: https://www.instagram.com/rich_somers/?hl=en

Podcast: https://www.multifamilytakeoff.com

Going from a Chicago gang mindset to a real estate investing mindset, Andre Evans has done a complete mind shift to change the generational curse for his family.

Welcome to the Get in the Cashflow Game podcast with your hosts Krystle Moore and Kenny Simpson. We are joined by Andre Evans, a veteran Naval Officer, Entrepreneur, and motivational speaker who is passionate about self-development and leadership education and helping people achieve wealth through investing in multifamily real estate.

👂🏻Podcast MUST LISTEN to Time Stamps:

🎧About Andre Evans:

As the CEO of "That’s My Property," Andre Evans is on a mission to help others achieve financial freedom and uplift communities through real estate education and leadership by investing in multifamily properties.

A native of Chicago, his passion stems from his background as a former gang member.

He is a distinguished U.S Naval Academy graduate, President Truman Scholar, & MIT Fellow. Andre has 98 doors under management valued at over $13 Million.

He is the Host of the "Multifamily By the Slice" podcast and co-hosts the #1 Real Estate networking meetup in San Diego called “Opportunity Knocks”. 

📲Connect with Andre Evans:

Website: https://drmultifamily.com

Instagram: https://www.instagram.com/drmultifamily/ 

📚Purchase his, "That's my Property" Book:

https://www.amazon.com/dp/B09VWLRFS5/ref=nodl_?ref_=pe_3052080_397514860

What is currently happening in the U.S. with the economy?

Kenny Simpson, from the Simpson Team and Get in the Cashflow Game, breaks down what is currently shifting the economy.

We go through:

[0:0:06]: State of the Economy

[0:01:30]: Going back to the 2008 Recession

[0:05:35]: Current Recession -- YUP we said it

[0:07:24]: Stimulus and Increasing Rates

[0:08:27] Judy Shelton Snippet from Grant-Williams Podcast

[0:11:42]: Why Increased Rates Matter

[0:14:37]: Inflation in the Economy

[0:18:26]: Stocks, Crypto, and 401K's

[0:21:23]: Real Estate in this current Economy

[0:28:54]: Fear that comes with the current state of the Economy

[0:37:12]: Current Recession and what it means for YOU

[0:39:18] The Opportunities that come up during this time

[0:48:16]: MY Predictions during this time

[0:50:42]: Wrap up

In this episode of #TheGetInTheCashFlowGame, K&K, discusses the looming recession among us. So what is the technical term for a recession: a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Today, on July 1st, the GDP showed that we were in negative GDP for 2 consecutive quarters, thereby in a recession. 

Discussion Questions:

On this episode of #TheGetInTheCashFlowGame, K&K, are live from New York City for their first ever abroad podcast recording! Here they discuss:

Discussion Questions:

On this episode of #TheGetInTheCashFlowGame, Ahmed Seirafi, Commercial Real Estate Developer, discusses:

Discussion Questions:

[6:07] How the trend of investing AND developing in Multifamily screws up the market

[9:19] The hoops you need to jump through in California as a Real Estate Developer

[11:55] Real Estate Developer mistakes you MUST AVOID

[13:24] Market Rate Projection - there is a lack of balance and creating a supply and demand issue

[17:17] Building UP

[29:55] In Real Estate Developing, if you have the money, you will win

[32:32] Real Estate Developing Bureaucracy in California 

[35:54] Masterminds and the power of what they do

[41:04] Collaborations with Masterminds and how you can win being a part of them

About Ahmed Seirafi:

Ahmed Seirafi, founder of Andalusia Development Company, oversees all aspects of the acquisition, disposition, and development processes for Andalusia Development Company. He has led all facets of the business, spanning more than $100,000,000 in commercial assets, primarily in multifamily and retail.

A second-generation real estate investor, Ahmed successfully launched the repositioning and has spearheaded substantial growth with acquisitions of value-add multifamily properties and development opportunities since 2015.

Ahmed has led Andalusia Development Company in the execution of several development opportunities in its first few years of existence and has been instrumental in growing the development pipeline by 300%. With his expertise and experience, he has consolidated and focused the firm’s strategy to the acquisition of value-add and development opportunities, where value can be created through new construction, extensive renovations, hands-on management, and improvement of operating efficiencies.

Prior to founding Andalusia Development, Ahmed amassed his comprehensive and expansive level of expertise while serving as senior associate at CB Richard Ellis, as well as leading several projects as vice president of operations at a large commercial contracting company specializing in civic development endeavors.

Ahmed’s ability to seek out and acquire multifamily and commercial opportunities and his expertise in development has been instrumental in the growth and success of Andalusia Development Company.

As an esteemed graduate from California State University, where he earned a Bachelor's Degree in Business Administration with an emphasis on Finance and Real Estate, Ahmed has leveraged his amassed skills, experience and education to enhance and expand real estate projects across an array of specialties, most specifically, in the commercial real estate sector.