Kimberly Stepp

11 statements across 1 episodes · 6 bullish · 2 bearish · 1 people on the record · first statement Sep 22, 2025 by Kimberly Stepp · across every show →

On the record as a speaker too: Kimberly Stepp's record, appearances and statements → this page counts the times other people say the name.

Everything said about Kimberly Stepp, oldest first

Sep 22, 2025 bullish

Assertion Not checkable as stated

Stepp: Out-of-state multifamily costs $50,000 per unit versus $500,000 in coastal markets

“Florida, Texas, Tennessee, Phoenix, some Nevada. It's just opportunities are, you can buy a heck of a lot more for your dollar. You know, the cost per units are like 50,000 a unit versus 500,000 a unit.”

Kimberly Stepp Sep 22, 2025 ▶ 26:19 Turning Rent Control Into Profit

Sep 22, 2025 positive

Opinion

Stepp: Women Represent Disproportionate Share of Top CRE Brokers

“I think there's a Small percentage of women, but the women that are in the business do very, very well. I think the top one percent of commercial real estate brokers that a lot of women are in that pool.”

Kimberly Stepp Sep 22, 2025 ▶ 0:23 Turning Rent Control Into Profit

Sep 22, 2025 positive

Insight

Stepp: Female commercial real estate brokers have an advantage securing client meetings

“It's a, there's some benefits of being a woman in this business for many reasons. I mean, I think getting indoors where men can't get in. I mean, it's, they seem to say yes to women a little bit more than they do to men. If I say, call someone up and say, Hey,…”

Kimberly Stepp Sep 22, 2025 ▶ 0:57 Turning Rent Control Into Profit

Sep 22, 2025 bullish

Disclosure

Stepp: Indiana real estate properties regularly yield 12% to 13% returns

“The like say in Indiana, I get 12%, 13% returns regularly.”

Kimberly Stepp Sep 22, 2025 ▶ 26:12 Turning Rent Control Into Profit

Sep 22, 2025 neutral

Assertion Not checkable as stated

Stepp: Rent Growth Has Slowed in Prime Areas but Persists in B Locations

“The demand for affordable units, units in my business also remains very strong and rent growth has slowed very much so in the prime primaries, but not in the B locations.”

Kimberly Stepp Sep 22, 2025 ▶ 16:18 Turning Rent Control Into Profit

Sep 22, 2025 positive

Insight

Stepp: Professional CRE investors prioritize cost per square foot above all

“That's why most astute, and I'm not saying you're not astute. Investors tend to look at cost per square foot. That's the number one. The pros, all the pros do. That's all I care about.”

Kimberly Stepp Sep 22, 2025 ▶ 31:31 Turning Rent Control Into Profit

Sep 22, 2025 bearish

Assertion Supported

Stepp: Austin multifamily market became oversaturated, causing high vacancy

“Austin's a hip town that everybody was like, oh my god, you have to buy in Austin. And yes, it's cheaper than United, I mean, in Los Angeles, but it's, but it got oversaturated with too much product. And then you can't rent your units, you have high vacancies,…”

Kimberly Stepp Sep 22, 2025 ▶ 39:59 Turning Rent Control Into Profit

Sep 22, 2025

Disclosure

Stepp: Deal sourcers receive an automatic 10% equity partnership stake

“We also incentivize, incentivize someone to bring us a deal. They immediately become a 10% partner.”

Kimberly Stepp Sep 22, 2025 ▶ 28:29 Turning Rent Control Into Profit

Sep 22, 2025 neutral

Insight

Stepp: Pros buy from mom-and-pops and sell back to mom-and-pops

“There's only two people in the food chain and commercial real estate do really is the pros and the mom and pops. So the buy mom and pops buy from the pros and the pros buy from mom and pops over and over and over again. It's just the way it is. So pros and pro…”

Kimberly Stepp Sep 22, 2025 ▶ 36:25 Turning Rent Control Into Profit

Sep 22, 2025 bearish

Assertion Supported

Stepp: 20x Gross Multiplier Deals Are No Longer Happening

“There's no more 20 times gross deals happening. There's certainly not. I'm shocked. I'm shocked. How low even the most prime locations are going on the gross rent multiplier level, cap rate level.”

Kimberly Stepp Sep 22, 2025 ▶ 15:58 Turning Rent Control Into Profit

Sep 22, 2025 positive

Disclosure

Stepp: Used cost segregation tax depreciation to fund new real estate acquisitions

“I mean, I did cost segregation on all our buildings and that was nice. Nice. Nice amount of change to go buy more real estate.”

Kimberly Stepp Sep 22, 2025 ▶ 19:39 Turning Rent Control Into Profit

Kimberly Stepp

Everything said about Kimberly Stepp, oldest first

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