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.
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HIGHLIGHTS:
The trend the Fed has done with interest rates, what’s next?
Unemployment trends
Are there opportunities in the market?
2023 Predictions
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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/
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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
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SPONSORS:
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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!
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Support this podcast: https://anchor.fm/getinthecashflowgame/support