SA916 | Renovate, Flip, and Hold Properties for Long-Term Cash Flow with Megan Stafford

In this episode, Megan Stafford shares her continuous investing success in Arkansas. She talks about utilizing FHA loans, remodeling properties, flipping undervalued assets, and long-term property holding. By tuning in, we’ll also pick up on some of the nuances of investing in the California market, finding deals, and diversifying a portfolio across multiple asset classes. Key Points & Relevant TopicsMegan’s entry into real estate investing and renovating duplexesProcesses and requirements to qualify for the FHA loanAdvantages of Arkansas over the California marketHow Megan got into flipping distressed properties and finance renovations The challenging part of flipping properties Ways to find deals online Megan’s criteria for evaluating a good dealThe importance of having a mentor and networking with peopleResources & LinksBiggerPocketsBrandon Turner BooksApartment Syndication Due Diligence Checklist for Passive InvestorAbout Megan StaffordMegan is the founder and CEO of Dreamy Capital, a real estate investment firm specializing in 3-5-year holds on SFR properties. Megan started her real estate career in 2013 by selling a few bitcoins she had bought earlier that year. With less than a $4,000 down payment, she bought her first duplex with an FHA 203k loan in Central Arkansas. Since then, she has managed a commercial real estate portfolio in the San Francisco Bay Area worth over $200 million in multiple asset classes- multifamily, retail, office, and mixed-use. She has grown her personal portfolio from a start of $400 to a value of $2.28 million with over half of that value coming from the last 2 years.   Megan enjoys making music, playing with her pups, and traveling the world with her life partner. Her ultimate goal in life is to help others achieve their goals by investing in real estate. Get in Touch with MeganWebsite: https://dreamycapital.com/ Email: [email protected]; [email protected] Instagram: @dreamycapitalTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!