2024 Real Estate Market Forecast & Is Right Now a Good Time to Buy? | Kenny Simpson E182

The Rich Somers Report

Rich Somers

Business, Investing

5.0 • 1K Ratings

🗓️ 2 May 2024

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s episode Rich sits down with Kenny Simpson - Mortgage Broker, Entrepreneur, and Co-host of the Get in the Cashflow Game podcast. Kenny has been in the mortgage broker game for 20 years, has funded over $1.5 Billion in loans and helped 5000+ clients. He used to manage several multifamily properties (properties with upwards of 2000 units,) but sold them and now focuses his time strictly on the mortgage business, his wife and 2 girls, and his podcast. He also personal owns 50+ units wi...

Transcript

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0:00.0	If you're willing to work hard and stuff like that, like I think it's a great time to start.
0:04.7	Ryan Surhan, if people forget, the day he got his real estate license, Lehman Brothers crashed.
0:10.4	He started in 2008. He's like the worst time. The guy is one of the most, you know, most popular, famous, you know, and I always tell that story because I'm like,
0:19.0	what a bad time to start. Was it a bad time?
0:22.0	Welcome to the Rich Shummers Report where we talk real estate business and
0:25.8	wealth building all while keeping it real no fluff no BS I hope that you
0:30.0	enjoy the show. All right guys, welcome to another episode of the report.
0:39.0	Today I got someone that I have not seen in a little bit.
0:41.6	I know. Someone who is crushing it in the real estate investing space in the loan
0:45.6	industry he knows the capital markets better than anyone that I know I got my
0:49.1	man for the second time repeat guest my man Kenny Simpson and Kenny welcome to the show brother what's up rich how are you
0:54.6	dude I'm doing amazing man it's been forever I think the last time you were
0:58.0	here was for a holiday party two years ago yeah which is crazy crazy
1:02.0	time it feels like it was yesterday.
1:03.6	Dude and you're crushing it so it's awesome to watch so congrats and everything.
1:07.0	I appreciate you bro, I appreciate you. We were just talking before we
1:09.6	started recording my first ever in prison podcast was at your studio here in Mission Valley.
1:15.0	I want to say that was like summer of 2022.
1:19.0	So it wasn't that long ago.
1:20.0	It's less than two years ago.
1:21.0	And I remember that was my first in-person podcast.
1:23.0	I was so freaking nervous dude.
	...

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