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Welcome back to a NEW Season of Get in the Cashflow Game with K&K, and what better time to start the season than right before the 2023 New Year begins! In today’s episode, Krystle and Kenny Simpson go over their thoughts and predictions of what will happen to the real estate market based on current trends and data, along with what opportunities may lie on the horizon.

HIGHLIGHTS:

The trend the Fed has done with interest rates, what’s next?

Unemployment trends

Are there opportunities in the market?

2023 Predictions

SOCIAL MEDIA:

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/

TIMESTAMPS:

00:00 – PRELUDE

00:16 – INTRODUCTION

00:53 – The waiting game in the market because we’re waiting for the Fed to Pivot

01:30 – Money in and money out

03:30 – Getting paid more money with no risks

04:40 – Average saving rate in the United States

06:00 – The Wall Street buyers will start coming back into the market (big sign in the market!)

07:45 – How does unemployment look like right now?

10:45 – Liquidity in the system, will something break?

14:45 – You have to watch the market for the opportunities

17:00 – Career/Job migration

18:00 – Kenny’s Predictions

19:00 – Krystle’s Predictions

28:29 – END

SPONSORS:

Prime Corporate Services: Whether you’re new to owning a business or owning property or your an experienced business owner, Prime Corporate Services is going to not only help you but 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, 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 everyday. 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 us and our clients 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!

Support this podcast: https://anchor.fm/getinthecashflowgame/support

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