Real Estate Investing: Opportunities in 2023 in Top Pandemic Markets – Business Insider

Kenny Simpson and Krystle Moore have built a thriving real estate portfolio from the ground up in just a decade. Courtesy of Kenny Simpson and Krystle Moore

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Kenny Simpson and Krystle Moore have amassed a $19 million, 47-unit real estate portfolio. They shared why there’s “significant opportunities” for investors in the one- to four-unit space. The couple also broke down how to find the top housing markets to buy in for 2023.

With a recession on the horizon, inflation remaining at decades-high levels, and rapidly climbing interest rates, the future of the real estate market heading into 2023 seems bleak.

But it’s not all doom and gloom for investors, said married real estate experts Kenny Simpson and Krystle Moore, who collectively have 35 years of industry experience between them. “I think the general theme of 2023 is going to be significant opportunities for people in real estate,” Moore told Insider in a recent interview.

Today, the 42-year-old Simpson and 38-year-old Moore reside with their two daughters in San Diego, where they’ve amassed a real estate portfolio that spans 47 units and is worth a combined total of almost $19 million, according to documents verified by Insider. Simpson and Moore estimated that these investments net them over $360,000 in annual cash flow. Combined with the couple’s partial ownership in a few other properties, their total cash flow amounts to nearly $400,000 annually.

Outside of their personal investments, Moore focuses on commercial real estate financing at her firm, Pacific Shore Capital, while Simpson heads his own firm, The Simpson Team, dedicated to residential financing. Each firm has funded over $1 billion

The original article can be found here