All Forum Posts by: Megan Fredrickson

We went to visit my partners family and see the progress on a home she purchased last year that her brother was remodeling. We actually had an offer in on a house in ca but the countered our offer higher than the original asking price so we pulled out and began looking in Springfield. We were interested buy and hold and since most people rent in the area we were interested in we began to look at properties and stumbled upon a 4 plex our agent found in the MLS. That's the very short version! We like the idea of multi family units and there are a lot in Springfield.

thanks for the info and invite Casey! We definitely will. We just arrived back in California to get the rest of our stuff but we have to be back in Springfield to close around April 15.

Hi, my name is Megan and my partner and I are brand new to real estate investing. We are both veterans (she is 100% disabled) and have been wanting to do something with the little money we have and gain financial freedom. So last semester I left graduate school so we could put all our efforts into figuring out how this real estate thing really works. We have been researching information and listening to the BP podcasts almost non stop and have decided to pull the trigger on a property we were looking at for about a month in Springfield, Mo. It is a 4-plex and we will be occupying one of the units because we got a VA loan which requires us use the property as our primary residents. Initially we were looking at property in eureka, ca (where we were living and I was attending graduate school) but we couldn't quite make the numbers work for us using the BP calculator. Since my partner has family in Missouri and knows the market pretty well we decided to pack up and move out there. The market is better for buy and hold rental properties and potential flips which we would like to do in the future. So, we are officially under contract on our first property and I thought it was a good idea to start getting involved in the community since this just got very real. Any advise, tips, or hello's are graciously welcomed!

Thanks!

Megan