• UNLOCKING HOMEOWNERSHIP with NON-QUALIFIED MORTGAGE LOANS
    Jun 6 2024

    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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    19 mins
  • Modular Housing Investor Elevates Housing, Community, and Focuses on Affordability
    May 31 2024

    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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    1 hr and 2 mins
  • Timing the Housing Market: Buy Now or Wait?
    May 24 2024

    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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    1 hr and 13 mins
  • The Top 5 Must-Haves for your Real Estate Professionals
    Mar 29 2024

    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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    24 mins
  • NAR LAWSUIT NEEDS US TO STEP UP OUR GAME!
    Mar 21 2024

    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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    15 mins
  • Why I Wake Up At 2:55 AM Everyday
    Mar 14 2024

    Waking up at 2:55 AM might seem extreme for most, but it highlights the broader benefits of rising early, an idea that's catching on for those dedicated to maximizing productivity, wellness, and personal growth.


    Early risers often find that they get a head start on the day. Waking up early gives you extra hours in your day that can be dedicated to personal development activities.


    People who wake up early tend to have more consistent workout routines. Exercising in the morning boosts your metabolism, improves your physical energy levels throughout the day, and enhances sleep quality at night.


    Waking up early encourages consistency in your sleep schedule. Going to bed and waking up at the same time every day can improve your sleep quality and has been linked to better health outcomes. This regularity can help stabilize your body's internal clock, leading to more restful sleep.


    The early morning hours are typically the quietest time of the day. This can be particularly refreshing for those living in bustling environments. The peace and tranquility of the morning can help foster creativity, reflection, and relaxation.


    By shifting your productive hours to the morning, you might find more free time in the evenings to spend with family and friends or to engage in leisure activities. This can improve your work-life balance and overall happiness.

    Waking up early offers the chance to witness the sunrise, a daily natural phenomenon that many people miss. This connection with nature can boost your mood and inspire a feeling of gratitude and mindfulness.


    While waking up at 2:55 AM might not be for everyone, incorporating even a slightly earlier wake-up time can yield significant benefits. The key is finding a balance that works for your lifestyle and health needs, allowing you to reap the rewards of those precious early morning hours.

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    20 mins
  • AIRBNB EXPERT REVEALS SECRETS TO STR SUCCESS
    Feb 29 2024

    The allure of short-term rentals, particularly through platforms like Airbnb, continues to captivate individuals seeking both travel experiences and income generation. But navigating this dynamic world can be tricky.


    Bryce Cano, a seasoned Airbnb Superhost with a treasure trove of insights to unlock the doors to a successful short-term rental venture.

    Make sure you watch this episode until the end! Highlights: 01:06 Getting into STR

    20:25 Top 3 Things to Do to Get a Superhost Status 38:00 How to Handle Direct Bookings 45:15 To Add a Hot Tub or Not


    Bryce Cano's story exemplifies the transformative power of the short-term rental industry.


    By combining strategic planning, unwavering dedication, and a commitment to guest satisfaction, anyone can turn their space into a source of income and forge meaningful connections with travelers worldwide. So, take inspiration from Bryce's journey, embrace the learnings, and embark on your adventure in the exciting world of short-term rentals.

    #superhost #airbnb #shorttermrentals #str #sandiego #podcast #getintehcashflowgame

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    1 hr and 15 mins
  • The Housing Market is Stalled!
    Feb 22 2024

    What's up, everybody! I'm bringing to you another solo on how unfortunately the housing market just isn't moving as expected. Highlights: 03:30 Commercial Real Estate is in a Recession 07:00 Best Season to Earn from Rentals 08:20 Tips for Homebuyers in a Volatile Market 1210 Getting Deals Done 14:30 Rate Cut in June? Make sure you watch this episode until the end. Follow us on Instagram @kennybsimpson @krystlersimpson ----- 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 get started every day. They will help you form the best entity 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! #realestate #podcast #realestateinvesting #housingmarket #inventory #sandiego #networking #raisingmoney #sandiegorealestate #realestateinvestor #success #commissionlawsuit #successmindset #mortgageofficers #loanofficers #socialmedia #socialmediamarketing #socialmediastars #realestate #realestateinvesting #investing #investingtips #investing101 #investingforbeginners #realestateagent #realestatetips #realestateinvestor #realestatelife#investor #realestatepodcast #podcast #podcasts #kennysimpson

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    19 mins