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Noah Bacon
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Noah Bacon
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Noah Bacon
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What was your FIRST Post on BiggerPockets?

Noah Bacon
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ModeratorPosted Jun 21 2023, 13:22

What was your first BP post reaching out for help to get started in investing? Or did you recently just post & are looking for help?

Check out this post from @Craig Curelop who wrote BiggerPockets book The House Hacking Strategy!

We all got started somewhere, and it is extremely important to recognize your growth in this journey! Reply with images of your first post on BiggerPockets below and let's see where we all began.

You'll never know how far you can go, if you don't get started!

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Engelo Rumora#5 All Forums Contributor
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Replied Sep 28 2023, 13:27
Quote from @Jay Hinrichs:
Quote from @Katie Miller:

@Engelo Rumora—definitely sending you a big fat "thank you" from over here in the BP HQ! 

How did you find Jay to be your realtor in the first place?


Engelo was / is famous in Australia  for buying the cheapest home in the entire country back in the day.. 


It’s gotta be by far the cheapest lol. Not many folks investing in the US would probably understand it because you could and still can and probably forever will be able to buy $20,000 turds in some US markets. I guess this could be compared to buying a condo in Manhattan for $100,000 lol 

https://amp.nine.com.au/article/c6590db7-9625-469f-acc5-3dd5...

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Ned Carey
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Ned Carey
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ModeratorReplied Sep 29 2023, 11:42

15  years ago

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Scott Trench
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Scott Trench
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Scott Trench
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Replied Sep 29 2023, 11:45
Quote from @Ned Carey:

15  years ago


 That's an amazingly value-add first post! Thank you for 16,000+ of that over the years. Incredible contribution to this community and many people's investing careers!

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Mark Williams
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Replied Oct 12 2023, 11:08
Quote from @Katie Miller:

Oh boy have we come a long way in just 6 years! I think I posted this my first week on the job at BiggerPockets. 

Not only do I still have that first property I mentioned I was looking for in this post, I have 16 MORE doors with my husband

I'm also still in publishing at BP 😉


Congratulations on your incredible journey and success! It's truly inspiring to hear about your growth from that initial post to now owning 17 doors with your husband. Your dedication and commitment have certainly paid off.
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Andrew Postell
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Replied Nov 6 2023, 21:04

https://www.biggerpockets.com/forums/311/topics/401339-10-ci...

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Mike Griffin
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Mike Griffin
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Replied Nov 7 2023, 04:55

Oh man mine was about why I should choose real estate over the stock market. A lot of realistic and thorough answers from the community. I was blown away. Still investing in the market but now in love with real estate. 

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Replied Nov 7 2023, 16:37

I literally just made my first post yesterday! It was about making connections and networking in the Chicagoland area!

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Ned Carey
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Ned Carey
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Ned Carey
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ModeratorReplied Nov 8 2023, 07:42

@Mike Griffin I might have replied to that one. I bet you got a lot of feedback on that one. 

@Megan Craig welcome to BP. Congratulations on getting involved. COnnections and networking are one of the keys to being successful in this business. 

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Replied Nov 8 2023, 12:56

@Ned Carey  Absolutely!  it’s very nice to meet you! I want to learn as much as I can about real estate! I think the first thing I’d like to learn is wholesaling. I don’t necessarily want to do wholesaling forever but I think it’s a good way to get started when you don’t have a ton of capital. Right now I’m practicing on analyzing deals. I do this every day just for practice. If I don’t know the actual numbers for a category like vacancy, etc., then I’ll make it up. I just want to have a good understanding of how the equations work together. Would you by any chance know of an experienced wholesaler who wouldn’t mind guiding me? 

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Noah Bacon
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Noah Bacon
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Noah Bacon
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Noah Bacon
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ModeratorReplied Nov 8 2023, 13:04

Hey Megan!

Have you been practicing your deal analysis with the Rental Property Calculator? As a Pro Annual Member, you get unlimited calculator reports to become a master at analyzing deals!

On each field on the Rental Property Calculator, there are help fields with our suggestions if you are stuck. For your question on Vacancy Rates:

Vacancy rate is the cost of the property sitting empty due to tenant turnover. This number can vary depending on the area, so consult with a local property manager or landlord as to the local norms. Typical vacancy rates are between 3%-10% of the gross monthly rent, but again, that can depend on the area.

If you are looking to connect with Wholesalers and want more information on that specific stategy, I would check out the Wholesaling Forum Topic!

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Ned Carey
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ModeratorReplied Nov 8 2023, 13:14

@Megan Craig one thing I recomend is go look at LOTS of deals; Listed properties, open houses, FSBO, auctions, other wholesalers deals etc. One of the best things you can do is go look at another investors deal and ask them what their plans are and what the numbers are.