Megan McGinnis
Total live articles: 3
Questions: 0
Answers: 0
Megan McGinnis is a native Midwesterner. She moved to Southern California 5 years ago and has been pursuing real estate investing since coming here. Using OPM she acquired 3 properties valued at $800,000 with $44,000 out of pocket. She has also flipped one property for a pretty $100K and has bought tax liens and converted them to deeds and finally a note. If that’s Greek to you, keep reading as the rest of her story is less technical. Graduating in the top 2% of her class at Saint Mary’s College in Notre Dame, Indiana McGinnis studied economics and declined to go to grad school at the coaching of her professors because of her strong entrepreneurial nature. After working a few years as an employee McGinnis hit the road in pursuit of a higher purpose. Living and working in Europe for several years allowed McGinnis to pursue her dreams. Wrapping up her foreign travel with a bid for the US Olympic team in epee, McGinnis came back to the states to find her next challenge. With an appetite for adventure and risk, McGinnis moved to Chicago, knowing no one, and opening an antique store, going from concept to doors open in 3 weeks. Having accomplished what she wanted in the world of retail, McGinnis moved “shop” to California where 3 of her 4 sisters currently live. In addition to pursuing real estate, McGinnis loves to learn and to meet people. Finding the right connections for her friends and associations is one of McGinnis’ gifts and biggest joys. When folks have a question about what’s working in real estate, for example, their first call is to McGinnis. Perhaps there are some doors she can open for you.
Recent Activity
What's all the hype about residual income? Well, there are only so many hours in a day to work, 24 to be exact, and if you derive all of your income from just those hours then you have to work a lot of hours or have a very high paying wage in order to be monetarily successful. But if you can create some income streams that you don't have to work on daily, weekly or maybe even monthly then you are leveraging your time as well as your money.
Client Made a 401K Withdrawal - Uninformed Realtor Causes Client to Pay $15,000 in Unnecessary Taxes
A real estate agent who didn't know about self-directed IRAs let his client liquidate his 401K instead of introducing him to the world of Self-Directed IRAs. It's a shame more people don't know about this amazing vehicle for wealth building. Here are some key points about it. Please add your comments.
Loan modifications don't offer principal reductions and short sales mean the home owner has to move out. Where do you turn to get a principal reduction and stay in your home? These questions answered and more...
