Get in the Cashflow Game with K&K | A Podcast for Real Estate Investors, Lenders & Entrepreneurs

What if inflation has been running lower than the number the Federal Reserve has been watching?Recent research and upcoming methodology changes suggest that certain categories within the PCE inflation measure may have been overstating inflation.And that matters because PCE is one of the key inflation measures the Federal Reserve watches when making decisions about interest rates. In this week’s The Brief, Kenny Simpson breaks down:• Why the inflation number may be overstated• The difference between PCE and CPI• What categories are creating the discrepancy• How portfolio management fees are being measured• How software and other services can affect the inflation calculation• What changes are being made to the methodology• How much core PCE could potentially change• Why this matters to the Federal Reserve• What it could mean for mortgage rates and interest ratesKenny discusses research from the Cleveland Fed, San Francisco Fed, Federal Reserve Board staff and others that has examined these measurement issues. But does this mean the Fed is suddenly going to start cutting rates?Not necessarily.There are still major factors affecting the rate outlook, including geopolitical uncertainty, the labor market, consumer spending, inflation and broader economic conditions. The bigger question is this:If inflation has been overstated, have interest rates been higher than they needed to be?Watch the full episode for Kenny’s breakdown.

Thinking about building an ADU? There are some expensive mistakes you need to understand before you start construction.After funding more than 100 deals involving ADUs, Kenny Simpson has seen what can go wrong, from appraisals and construction costs to refinancing problems and properties that don't produce the value owners expected. In this week's The Brief, Kenny breaks down 7 ADU landmines every homeowner and real estate investor should understand:1. What are you actually building?Do the comps and rents support your plan?2. What will it really cost?Spending $350,000 doesn't automatically add $350,000 in property value.3. The appraisalADUs can be difficult to value, and the wrong appraisal can create major problems. 4. Your takeout loanDon't assume you'll automatically be able to refinance and pull your construction money back out.5. Selling the propertyThe market may not value your finished project the way you expected.6. Qualifying for financingDSCR, residential and commercial lenders can treat these properties very differently.7. Your teamThe lender, loan officer, appraiser, agent, and other professionals you work with can make or break a complex ADU project. The biggest takeaway: do the research before you build.Understand the potential value, rents, appraisal, financing, refinance strategy, and exit plan before committing hundreds of thousands of dollars to an ADU project.

Big news!We've officially expanded into more states, allowing us to help even more buyers, homeowners, investors, and self-employed borrowers with their mortgage financing.In this week's Brief, Kenny Simpson shares:The new states we're licensed inWhy being a mortgage broker gives clients more optionsHow access to over 100 lenders helps find better loan solutionsWhy experience matters in today's marketHow we've invested in technology, AI, and client communication to deliver a better mortgage experienceWhy referrals continue to be the biggest part of our businessWhether you're buying your first home, refinancing, investing, or you're self-employed, we're here to help.

Kevin Warsh has officially been nominated to replace Jerome Powell as Federal Reserve Chairman and the big question now is what this means for interest rates, mortgage rates, housing, and the broader economy.In this episode, we cut through the political noise and focus on what actually matters for borrowers and investors.I break down who Kevin Warsh is, his background at the Federal Reserve, and whether he is likely to lean more hawkish or dovish. More importantly, we discuss why the bond market reaction matters more than headlines and how the 10 year Treasury ultimately drives mortgage rates.We also cover:How jobs, inflation, and consumer spending will determine future rate cutsWhy small businesses are struggling despite strong economic dataThe difference between Fed rate cuts and mortgage rate movementsOther policy levers that could bring mortgage rates down beyond the FedWhy affordability not politics is the real issue heading into 2026If you are a homebuyer, investor, homeowner, or self employed borrower, understanding how this leadership transition could impact rates is critical. Mortgage markets respond to data, confidence, and forward guidance not just announcements.As we move deeper into 2026, the real drivers will be the labor market, consumer strength, inflation trends, and bond market belief. That is where the focus should be.