Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In today’s episode, I sit down with Kimberly Stepp, one of the most respected brokers in Los Angeles multifamily real estate. Kimberly shares how she went from acting in Hollywood to dominati...
Welcome back to Radical Wealth Plan, hosted by Paul Mark Morris and brought to you by Entrepreneur Media. In today’s episode, I sit down with Kimberly Stepp, one of the most respected brokers in Los Angeles multifamily real estate. Kimberly shares how she went from acting in Hollywood to dominating one of the toughest, most competitive markets in the country. We dive into why B-class properties are the hidden gems in today’s environment, how pros evaluate deals differently than amateurs, and the strategies investors are using to turn even rent-controlled buildings into long-term wealth. If you want an insider’s perspective on where the real opportunities are right now, you won’t want to miss this conversation.
Connect with Paul:
https://www.instagram.com/paulmarkmorris/
Connect with Kimberly:
https://www.instagram.com/kimberlystepp/
Timestamps:
00:00:00 Welcome to Radical Wealth Plan
00:01:27 Building a Successful Real Estate Career
00:03:09 Institutional vs. Non-Institutional Marketing
00:08:33 Opportunities in the Current Market
00:09:46 Challenges and Strategies in Real Estate
00:22:53 Investing in Prime and B Locations
00:26:11 High Returns in Various States
00:26:39 Three Rules for Real Estate Success
00:27:35 Building Relationships with Realtors
00:28:00 Importance of Management Companies
00:29:02 Evaluating Real Estate Deals
00:36:28 Mom and Pop vs. Pro Investors
00:50:01 Rapid Fire Questions
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