Hey there! Kenny here and I'm excited for you to join us in this insightful episode of "Get in the Cashflow Game with K&K" as we sit down with Steve Welty from Good Life Property Management. Steve shares his journey in the property management industry, emphasizing the importance of balancing financial goals with personal values and time. We talk about the challenges and opportunities in the San Diego real estate market and discuss the impact of rent control. We also explore how to create a thriving business without sacrificing well-being. Whether you're an investor, a property owner, or just interested in real estate, this episode offers valuable insights and strategies to help you succeed. Highlights: 0:05 - The Challenge of Optimizing for Money vs. Life 2:13 - Building a Strong Team: Local and Global Insights 2:33 - Educating First-Time Landlords: The Key to Success 4:24 - Creating a Self-Managing and Self-Multiplying Company 5:05 - The Portfolio vs. Departmental Approach: Advantages and Challenges 7:09 - Lessons Learned in 10 Years of Property Management 12:07 - Balancing Financial Goals with Personal Values and Faith 16:04 - Onboarding New Clients: Setting Expectations and Building Trust 28:55 - Rent Control and Its Impact on Property Owners 39:43 - Building Wealth Through Real Estate: Long-Term Strategies If you enjoyed this episode, please give it a thumbs up, subscribe to our channel, and share it with your friends! Also, let us know in the comments what topics you’d like us to cover in future episodes. Don't forget to follow us on social media for more updates and insights from the world of real estate. If you have questions or need advice on property management, reach out to us or Steve Welty directly. Your feedback is invaluable to us, so leave a comment below and join the conversation! #investing #housingmarket #housingprices #propertymarket #stevewelty #kennysimpson #housing #housingmarket #money #housingloans #mortgagerates #mortgage #mortgagesecrets