The Egan Team Berkshire Hathaway Home Services Ambassador
Counties: Douglas, Sarpy, Washington, Saunders
Cities and Towns: Omaha, Papillion, La Vista, Bellevue, Elkhorn, Gretna,
Bennington, Fort Calhoun, Blair, Bellevue, Blair
Chris Egan | Licensed Since: 2007 | NE License # 20060790
Joe Hoagland | Licensed Since: 2018 | NE License # 2018008
Moira Bickford | Licensed Since: 2019 | NE License # 20190630
About Chris Egan
I started in real estate in 2007 after graduating from college. I joined my father in the business; he has been a licensed agent and investor since 1980. I love helping other investors achieve their goals through real estate investing. I personally buy single family rentals mostly in the midtown Omaha area. I try to by one new rental every couple of years. As an agent I work with a number of investors. Most of them subscribe to the buy and hold philosophy buying residential single-families and some multi-families. I also work with some clients who buy to flip.
To learn more about Chris, listen to his interview on The Rental Income Podcast:
His Plan to Own 15 Rentals Free and Clear with Chris Egan (Ep 240)
About Moira Bickford
I started my career in real estate career 2019 after graduating from Dana college. In college I was on the soccer team, a resident assistant, and had a on campus job and was on a high academic scholarship. I joined my family in business. I am a go getter and like to search off market and send out letters for my investors clients to try to get them a head of the competition. I personally own one single family rental and plan to invest in more in the future. I have been involved in property management, facility management, and leasing for over a decade. I am very determined to help investors buy, manage, flip, buy, and sell in the Omaha area.
About Joe Hoagland
I started in real estate in 2018. I joined my father-in law, brother-in-law, and sister-in-law in the business. I own a few rentals in the Omaha area, and hope to acquire more in the future.
Market Overview
The Midwest and more specifically Omaha, Nebraska is a fabulous market to invest in real estate. Here in Omaha our existing home median price is $260,000. The median rent for a single family home is $1,398. Our unemployment rate in Omaha is very low at 2.2%. We have a very diverse economy with many different industries, making Omaha a very attractive market to invest in. Omaha grew by 19% according to the last census over the last 10 years. Rental rates in Omaha have increased by 8.86% per year since 1980.
Investment Price Points
In Omaha our entry price point for most properties is about $175,000. For a property in that price range. The vast majority of investors I work with including myself will buy single family homes between $75,000-$300,000. These properties will typically rent between $1,000-$1,600 a month. These properties seem to be the most popular because you are buying a quality property and also maximizing your rental return. Over $300,000 the rents do not seem to keep pace with price of the property unless they are multi-family properties.
Free Report: Demographic and Housing Data on the Omaha Market
Would you like free demographic and housing data on the Omaha market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.
This report has all the info you need to help you decide if the Omaha market is right for you! Click here to get your free report.
