Kanye West is not only a great boyfriend, but a great cook as well. These lines refer to the popular usage of “dessert” as a term insinuating sexual activities.
Here, Malone refers to Chakras, which are energy centers in the body. Many people believe that becoming aware of these can create a balance that takes your mind, soul, and body to a higher level.
In the body, there are 7 major chakras, as displayed here:
Santa Claus is a highly popular figure in terms of Christmas. One of the many characteristics of this mythical figure is that he’s extremely jolly, and always says “Ho, Ho, Ho, Merry Christmas!”
Malone takes this to a new level, as he rides around with three hoes. If he has three hoes, then he must be riding in a sleigh.
Dual exhaust is a setup in which there are two exhaust pipes, instead of one. This setup is offered on many various car models, and is highly popular. Ross is most likely referring to the exhaust system on a BMW, as dual exhaust Bimmers were highly popular at the time this song was released.
Referring to the previous line, this girl is wearing UGG boots. These are meant to be worn in the winter time, as they are extremely warm and comfortable to wear.
This line plays on the popular romantic usage of a “beating heart.” While Ross falls deeper in love, his heart beats faster for this girl.
Checkerboard luggage refers to the luxurious fashion brand Louis Vuitton. This brand makes expensive, but fashionable clothing, bags, and much more. Some of these items implement the famous checkerboard pattern that LV is famously known for. You can check out their travel collection by clicking here.
Here, Ross seems to be comparing his previous relationship to a game. With old school arcade games, one could put in a quarter (or two, depending on the game), and have a couple minutes of fun.
After the game is over, the heartbroken Ross moves on to the next one.