CEO, Managing Partner & Licensed Realtor
Megan started in the real estate industry working for Wells Fargo Home Mortgage in 2008. Despite the huge recession and housing crisis Megan achieved the coveted President's Club award 8 months for her sales closed. While at Wells Fargo Megan built a network of real estate investors and learned some best practices for real estate investing during a recession. While working full-time Megan began house hacking her primary residence while also convincing her tenants to help her implementing the Buy, Renovate, Rent, Refinance, and Repeat (BRRRR) strategy. Megan, and her husband Darik, were gazelle intense about getting out of debt so they worked overtime, had 3-4 side hustles and were able to pay off $535,000 of personal debt, including their mortgage and $188,000 in student loans in under 5 years. One of Megan's side hustles was using her sales and marketing skills to rapidly grow a local property management company which required Megan to get her real estate license. Megan and Darik realized that by BRRRR, house hacking their home had doubled in value and that becoming debt free they had the opportunity to sell their primary residence and use the profits to passively invest in multifamily syndications to replace Megan's corporate salary. So they sold their home, started passively investing in multifamily syndications all throughout the United States.
Megan was able to resign from all of her side hustles and corporate job to pursue real estate investing full time. Shortly after becoming a passive investor, Megan became a General Partner in her first real estate syndication. Today, Megan (35) & Darik (37) have a rapidly growing portfolio of over 2,225 units valued at over $461 million dollars. They both work from home and have the time freedom and financial freedom to spend quality time with their 3 year old daughter. Now, Megan and Darik get to go sailing, play rugby and travel as much as they want. Megan volunteers to teach aspiring investors how to get out of debt quickly and build wealth. Megan helps DIY landlords sell their real estate portfolios and scale up into multifamily syndication, just like she did. Megan loves helping the accredited and sophisticated investors transform their checkbooks into true wealth and financial freedom. In our business Megan focuses on building relationships, investor relations, asset procurement.
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When Megan isn't working, you can find her sailing on Lake Minnetonka, volunteering at local non-profit organizations, or traveling with her family to a State Park.
Managing Partner, Passive Investor & Engineer
Darik graduated from the University of Minnesota Duluth with several engineering degrees and a math minor. He has worked as an Engineer since 2008. Darik's passion for number crunching proved useful when the Lamkes embarked on their first Financial Peace University class in 2014. Since then, Darik and Megan have paid off over $535,000 including their mortgage, and are completely debt-free! Darik's true passion is engineering and loves his current 9-5 job as the Director of Systems Engineering Kannegiesser Etech. With in our company Darik focuses on asset management and all things financial.
Darik is grateful that together they prioritized getting completely out of debt and fully funding an emergency fund before investing in real estate. There is so much more peace and stability when investing with cash. Darik highly recommends that individuals get their "Four Walls" and a personal budget in order before scaling up to multifamily real estate.
When Darik isn't working, he can be found in his workshop woodworking, reading a good book or playing board games.
Lyra is adorable and the driving force behind what we do , why we do it, and who we choose to impact. We love making the world better so that she will reap the benefits. Lyra loves building things like her dad and delights in connecting with people like her mom does.
When Lyra isn't attending real estate closings and conferences with her parents, she can be found playing with something musical, dancing around, creating art or building with Magnatiles.
At Megan Lamke Real Estate we are driven to help our clients achieve long-term financial security through real estate investments that can successfully be passed from generation to generation. We do this not only by offering sound financial investments, but by creating an atmosphere of trust, dedication, communication, and integrity. Our values drive us to operate our real estate investments with honesty, integrity and a heart for the common good in the communities we serve. Our values mean we treat our investor clients and tenant clients with the utmost respect. In every project we work on we partner with local faith-based organizations to teach life skills, like Dave Ramsey's Financial Peace University, to our tenants.
1. Safe, quality housing that provides like new condition, state-of-the-art amenities
2. Maintaining open communication between investors in order to ensure the highest level of satisfaction and long lasting relationship within the team and community.
3. To continue to expand the number of properties purchased, re-positioned, rented and/or sold, while also increasing the level of profits for all investors.
Minimalism, becoming a digital nomad and trading the mega mansion in for a condo and lifestyle of traveling are IN! We love helping people downsize their possessions and live off of passive income from real estate. Whether you are looking to sell your residential investment portfolio, downsize your primary residence, or find your dream home in Minnesota, the Megan Lamke is here to help. Megan Lamke holds her MN Real Estate License with Bridge Realty and believes that real estate is a powerful tool to enabling her clients to design the lifestyle they desire.
Giving back to the communities in which we live and invest is an integral part of our mission. Having the ability, courage and dedication to building financial freedom is important, but in our humble opinion, it is how one uses that blessing that is truly important. By serving faith-based organizations and neighborhoods we can help strengthen communities.
Main areas Megan Lamke Real Estate gives to:
1. Local faith-based organizations in the communities we serve
2. Neighborhood stabilization programs
3. Multi-generational education
4. Micro-financing for empowering women, especially moms
5. Female entrepreneurship, investment, and development
After providing providing double digital returns for investors and covering real estate expenses, Megan Lamke personally gives a large percentage of her net income from every real estate transaction to four local charities in order to make a difference in the lives of children locally and globally.