Meet the Tatted Investor!
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Connect with Megan!
Instagram - https://www.instagram.com/the_tatty_investor/
In this episode, Ryan introduces Megan Ahern, also known as the Tatted Investor, who embarked on her real estate journey in 2018. Megan initially hails from California, but noticed the favorable bank financing conditions in the Nebraska. Expressing her entrepreneurial aspirations, Megan shares the challenges she faced early on, including a problematic contractor who led to substantial financial losses on her first flip.
Relocating to Nebraska, Megan delves into her real estate ventures, focusing on rental properties and flipping. She underscores the advantages and disadvantages of flipping inexpensive houses, such as the ability to purchase more properties at once and avoid private money for financing. Megan highlights the support she receives from local banks, offering favorable interest rates to foster community growth.
Megan's team, comprised of herself, her husband, a full-time assistant serving as a COO, and a showing agent, manages various aspects of her real estate business. With a monthly marketing budget of around $4,000, Megan employs diverse strategies, including text blasting, cold calls, paper lead ads, and PPC ads, to generate leads.
The conversation shifts to Megan's involvement in the sober living space. Drawing from her personal experience as a recovering addict, Megan shares her journey to sobriety and the positive impact of real estate on her life. She emphasizes the addicting nature of closing deals in real estate and its appeal to those seeking a high-risk, high-reward profession.
Megan discusses her approach to sober living properties, collaborating with sober living programs that handle the challenging aspects. The properties are often leased to such programs for extended periods, contributing to community support. The conversation touches on mindset, addiction recovery, and the role of real estate in providing a positive focus for individuals overcoming addictions.
As the episode concludes, Megan anticipates potential economic challenges and prepares by acquiring more flips. She reflects on Nebraska's resilience to economic fluctuations and discusses the difficulties investors face when interest rates are high.
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If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://www.briandavila.co/home-7863
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