She Bought 2 Rental Properties in 2 Years (While in College!)

Episode #728 The real estate investing moves you make today could change your life. Those in their 40s, 50s, and 60s often look back and regret not starting sooner. Today’s guest isn’t letting that happen, and in this episode, she’ll show YOU how to take advantage when that next rental property comes your way! Welcome back to the Real Estate Rookie podcast! When Megan Chou’s father challenged her to read the personal finance classic, Rich Dad Poor Dad , little did she know it would completely alter her life’s trajectory. The book’s lessons on building wealth inspired her to stash her money away in a brokerage account and, at just 20 years old, buy her very own rental property—a townhome she house hacked with her best friend. Then, only two years later, right as she was graduating from college, she took down a fourplex—renovating each unit while living in it, one by one. Stay tuned as Megan shares how she leveraged her home equity to buy it, what went wrong after buying the property, and how she stayed resilient when her property started fighting back! Episode Show Notes: https://lnk.to/realestaterookieYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?... 🎉Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets: https://biggerpockets.com/bpcon2026 Rich Dad Poor Dad: https://store.biggerpockets.com/produ... Sign Up for the Investor Brief Newsletter: https://www.biggerpockets.com/email-s... Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch Investing in a Fourplex: Pros, Cons, & Tips for Investors: https://www.biggerpockets.com/blog/in... Connect with Megan: https://www.biggerpockets.com/users/m... Connect with Ashley and Tony: Ashley: https://www.biggerpockets.com/users/a... Tony: https://www.biggerpockets.com/users/t... 00:00 Intro 00:50 Learning from Her Dad 06:09 House Hacking at 20! 12:51 Buying the Fourplex 16:48 DIY Rental Renovations 21:36 Costly Property Issues 31:07 Analyzing Properties & Markets 38:18 Connect with Megan!