Welcome back to another episode of the Get in the Cashflow Game with K&K. In today’s episode, Krystle and Kenny Simpson go over what they are sharing with their clients in this volatile real estate market. From different marketing approaches to getting creative with different types of financing. This is what they are doing to help their clients WIN!
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HIGHLIGHTS:
What does the current real estate market look like right now
What K&K are doing to advise their clients to continue winning in the volatile real estate market
The data never lies
There are opportunities at any given time, you just have to know and work with people that will help you find those opportunities
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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
01:44 – Start
02:03 – Be realistic about what is happening in the current market
03:00 – Staying on top of all the active and nonactive lenders in the market right now
04:14 – Tactical advice on buying an apartment building in today’s market
05:30 -The data never lies, do not think that the sky is falling
06:30 – Are loan dollars getting tighter? What option is best for you?
09:00 – It’s a game of “Would you rather”
09:45 – Commercial Lending and Residential Lending are on different playing fields
10:30 – What is the 2-1 Buy-down, 3-1 Buy-down, etc.
15:00 – The difference between the 30-year and 10 year
16:50 – How Kenny’s team is helping the Buyer
17:30 – EDUCATE YOUR CLIENTS AND KNOW YOUR DATA!
19:30 – There are opportunities in every market
20:36 – END
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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 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, 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 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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