When Megan Ahern’s husband, Jeff, was medically released from the Marines, the couple knew they needed to explore alternative career paths beyond the W-2 job. On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Megan, who, since 2018, has been investing in real estate in Lincoln, Nebraska, with Jeff. Megan persuaded Jeff to dive into real estate investing, and together, they accumulated over 80 units in the Lincoln area, including some mid-term rentals. Additionally, Megan runs a staging company and has experience investing in sober living homes, which showcases their diverse approach to real estate.
Jonathan and Megan begin their conversation by exploring why Megan and her husband chose Lincoln, Nebraska, and how she aligned their goals. They delve into their initial acquisition methods, the limitations they experienced using hard money for flips, and how forming relationships with local banks helped propel business growth. Megan emphasizes the importance of reputation and authenticity in her success, their criteria for deciding whether to keep a property, and what she loves about sober living properties. She also discusses her interest in expanding into mid-term rentals, a challenging seven-plex property, and her staging business. You’ll hear the importance of staging in home flipping, Megan’s advice for new flippers, and the benefits of becoming a licensed agent.
You’ll hear more on the following topics:
- Megan and her husband settled on Lincoln, Nebraska, for its affordability, safety, amenities, and activities.
- Hard money lenders helped Megan get her start in real estate investing, but she eventually needed to branch out to local banks.
- She finds deals through wholesalers, relationships she’s built in the area, and some marketing campaigns.
- Staging is important for buyers because it helps them visualize how to use the space.
Megan Ahern and her husband Jeff made Lincoln their home, and they quickly found success as house flippers in this affordable market.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/150/.