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

  • By: Krystle Moore and Kenny Simpson
  • Podcast
Get in the Cashflow Game with K&K | A Podcast for Multifamily Real Estate Investors and those Looking to get in the Game  By  cover art

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

By: Krystle Moore and Kenny Simpson
  • Summary

  • 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://podcasters.spotify.com/pod/show/getinthecashflowgame/support
    Krystle Moore and Kenny Simpson
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Episodes
  • 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!

    --- Support this podcast: https://podcasters.spotify.com/pod/show/getinthecashflowgame/support
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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

    --- Support this podcast: https://podcasters.spotify.com/pod/show/getinthecashflowgame/support
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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

    --- Support this podcast: https://podcasters.spotify.com/pod/show/getinthecashflowgame/support
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    1 hr and 13 mins

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