All Forum Posts by: Megan Ahern

Ya the meet up at Grata bar is the place to start and there is a new meet up starting on the 3rd Monday of the month. It meets at the Home Real Estate office on O Street to play the Robert Kiyosakis cashflow game and network. I’ll be at both so be sure to come say Hi if I don’t see you first. And if you have any questions or need help let me know. 

That’s awesome Matt! My husband and I moved to Lincoln Ne earlier this year. We lived in a travel trailer and just parked it behind whatever project we were working on, so we are no stranger to doing whatever you need to to make your goals happen. We’ve bought 4 houses and a duplex this year and my husband got his realtors license now too. If you like to meet up for coffee and chat real estate we would love to help you get started.

Hey Tim 

Welcome to BP! I’m an investor from Lincoln NE also. There is an awesome monthly meetup in Lincoln at Grata Bar on the 2nd Monday of the month at 7:00p. Hope to see you there. 

As for your condo I would run the numbers both ways. Figure out how much it would cashflow as a rental, with factoring for vacancies, cap ex, repairs, and management, and hoa. And then figure out how much you would make from selling it. Sounds like you wouldn’t have to pay capital gains tax since you lived there the last 2 years, and your equity might serve you better if you put that money down on an intentional investment property. 

If you have any questions or need help feel free to reach out. Or if you’d like to see sold comps for your condo my husband is a Realtor and he can help you out with that. 

Hey BP,

My name is Megan. I usually buy rental properties in Lincoln Nebraska. The goal is to buy 7 units a year for the next 5 years. We've got 6 so far this year but we are just about tapped out on funds and time (we're in the middle of 2 rehabs). I have another SFR under contract that would make a great flip or BRRRR, but we just don't have the bandwidth to deal with it right now. We are looking to wholesale it but don't have a very developed investor buyer network because we usually keep everything we get. If you are looking to buy in Lincoln Nebraska please, I'd love to connect with you. Let me know what you're looking for or shoot me your email and I will send you the details on the house, some pictures, comps, and scope of work. Thanks

The basics of the deal:

3/1 1246sf 

ARV $115k

Repairs $20k

Asking $57k

Potential Rent $1000-1100

Welcome Anna. Good luck on your investing journey. I also live in Lincoln NE and invest in rentals here, and my husband is a real estate agent. If there is anything we can do to help you along, let me know. Or if you ever just want to grab coffee and chat real estate I'd be happy to. 

We’ve been using Cozy for a few months now with inherited tenants and love it. And we just screened our first 2 batches of new tenants. The credit and background check process went flawlessly except the people with records on their background checks took longer than a week to get back. 

Now on the third group of tenants 2 of the 4 applicants claim they can’t verify their identity with Experian for the credit and background check. They supposedly have called in and customer support couldn’t verify them either. Has anyone had issues with this? Are these applicants just trying to hide their credit and background from me? Or are just not answering the questions right? 

Hey Jessica, congrats on your first rental property. That is very exciting. I personally have started using cozy.co for tenant applications, online rent collection and managing repair requests. And there is no cost to you. They also have a process where your tenant can input their renters insurance before move in or purchase renters insurance through cozy. 

Hi Ryan, Welcome. I’ve recently started with rentals here in Lincoln as well. Good luck on your house hunting!

Following. Good luck

Awesome Taija. I know you said you did a lot of the work but did you have someone reframe the roof joists? Who did you use, and do you mind sharing how much that part cost?

Also do any of you Lincoln investors have a good and affordable framer you use? I have a couple basements I'm looking to frame in.