Skip to content
Get Started
Resources & Media
Resource Hub Bookstore Blog Guides Pro-Exclusives PRO Podcasts Pro Partnerships Property Management Toolkit Newsletter NEW
Events & Training
BPCON2025 Webinars Bootcamps Upcoming Events Free Courses
Strategies
How to Manage Your Rental Property How to Operate a Short-Term Rental How to Passively Invest in Real Estate How to House Hack How Does the BRRRR Method Work How to Flip a House How to Invest in Commercial Real Estate How to Invest in Real Estate How to Invest in Multifamily Real Estate How to Build Wealth
The BiggerPockets Conference
This is your chance to learn from the best, network with the best, and become one of the best in the game.
The Podcast Investors Trust
No fluff. Just deals, strategies, and lessons from the front lines of today's market.
Pick Markets
Pick Markets
Market Finder - NEW PRO Picking a Market Workshop PRO Picking a Market Worksheet Top 100 Cash Flow Markets Market Insights - Sunbelt Region
Market finder
Pinpoint the best real estate market for your specific goals with expert recommendations and real-time data on appreciation, affordability, rent-to-price ratio, and more.
Pro membership
Get unlimited access to tools and resources that make it easier to find, analyze, and manage deals with confidence!
Find Deals
Find Deals
BiggerDeals NEW Off-Market Deal finding PRO Real Estate Syndications Investor-Friendly Agents Find Foreclosures Community Listings (FSBO) Business Directory
NEW! Find Cash-Flowing Deals Fast
Search nationwide listings with built-in cash flow analysis.
Invelo - off market deals
Scale your portfolio with off-market deals.
Analyze Deals
Calculators
Rental Property Calculator PRO Rehab Estimator PRO Rent Estimator PRO BRRRR PRO Fix & Flip PRO Short-Term Rental PRO Sell vs. Keep PRO Landlord Insurance Calculator by Steadily All Calculators
Rental property calculator
Is it a good deal? Run your numbers like a pro with this simple yet powerful calculator.
Rent estimator
Understand how much rental income you can expect based on recent reports and data for your specific property.
Manage Properties
Manage Properties
Managing Properties 101 Find a Property Manager RentRedi Property Management Software PRO Baselane Banking and AI Bookkeeping PRO Property Management Tools Ask a Management Question Finding Tenants Screening Tenants PRO Leases + Landlord Forms PRO Accounting/Bookkeeping PRO Property Insurance Property Maintenance / Rehab PRO
Property management software
Manage tenants, tasks, and your entire portfolio with one simple tool.
Property manager finder
Find reliable property management partnerships that last.
Pricing
Plans & Pricing
Pro Membership Business Membership
Try PRO for 7 days completly free
Avoid mistakes and make informed decisions with Pro.
Grow your business
Promote your business on BiggerPockets and make quality connections with the right investors.
Forums
For You
Newest Trending Unanswered My Discussions Followed Discussions Followed Categories Followed Locations Followed People
General Real Estate
General Real Estate Investing Starting Out Deal Analysis Buying & Selling Business & Marketing Landlording Property Management Reviews & Feedback
Real Estate Strategies
House Hacking BRRRR Short-Term Rentals Mid-Term Rentals Multi-Family Fix & Flip Other Strategies
Finance & Financing
Lending Creative Finance Personal Finance Taxes & Legal Issues
News & Announcements
Official Site Announcements Market Trends & Data Real Estate News & Current Events Pro Exclusive Area PRO
Events & Networking
Events & Meetups Classifieds
Store
All Books
Best Sellers Browse All New Books & Pre-Orders Bundle & Save Books for Beginners
Flip your way to financial freedom
Scale your investment framework with this valuable guide to compounding real estate success.
Outsmart the short-term rental competition
Cash in on the exploding STR market with this must-have guide from expert Avery Carl.
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

All Forum Posts by: Mackay Oakey

Mackay Oakey has started 1 posts and replied 52 times.

General Real Estate Investing

Post: Downside of the 1% rule...

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38

I get the sentiment for sure. I find it so much more valuable to calculate expected revenues and expenses associated with the property and go from there. Plus it's a great exercise to ensure you understand each step of the deal, and if there's anything you're missing--something new to learn as well!

2 Votes
General Real Estate Investing

Post: What are your Real Estate Investing goals in 2025?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38

So, so, so interesting to hear more people being frustrated with Airbnb. I'd be interested to know if Airbnb is feeling much of this pressure at all? They're such a massive campaign that it seems unlikely, but with too much guest-first action you can expect a small shifting of the tides.@Bonnie Low

0 Votes
Market Trends & Data

Post: Could Redfin be correct predicting 7% interest rates in 2025?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38

I certainly hope not. But this further affirms my belief that it's best to find deals now that work in the current interest-rate market.

0 Votes
New Member Introductions

Post: Excited (and Nervous!) to Start Our Real Estate Investment Journey

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38

Welcome to the party Rebecca! I think that's investing in markets you believe in is pretty key. It can be overwhelming at first, but spending time using the deal finder on the site is a great way to get started in the exploratory phase.

0 Votes
General Real Estate Investing

Post: What are your Real Estate Investing goals in 2025?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38
Quote from @James Wise:
Quote from @Mackay Oakey:

What are your REI goals in 2025? Are you looking to buy your first investment? Use PassivePockets and invest in a large syndication deal? Do you want to sell off some of your units? Get into glamping?

I'll share first: I plan on spending the first bit of the year saving for my next deal--I'm looking for a SFH somewhere in the midwest to long-term rent. Still open to market ideas (so if you have any ideas, please share!) but mostly considering Ohio or Indiana at this point. Open to any advice here too


 Get it bro.

🫡🫡🫡
0 Votes
General Real Estate Investing

Post: What are your Real Estate Investing goals in 2025?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38
Quote from @Jimmy Lieu:
Quote from @Mackay Oakey:

What are your REI goals in 2025? Are you looking to buy your first investment? Use PassivePockets and invest in a large syndication deal? Do you want to sell off some of your units? Get into glamping?

I'll share first: I plan on spending the first bit of the year saving for my next deal--I'm looking for a SFH somewhere in the midwest to long-term rent. Still open to market ideas (so if you have any ideas, please share!) but mostly considering Ohio or Indiana at this point. Open to any advice here too

Goal for 2025 is to help 200+ clients buy their first investment property/building financial freedom.

In 2024, I've helped over 100+ clients and did over 18 million in real estate sales. I want to double that in 2025 so that's definitely my BIGGEST goal!

In Columbus Ohio, there's so many great opportunities here for buy and holds, BRRRRs, flips, and STR/MTRs. It's a great time to get in right now when you can still find positive cash flow and amazing appreciation here. Happy to connect and answer any questions! :)


 Thanks for the offer Jimmy, I just sent you a connect request.

How do you feel about investing in small and cheap single family homes comparing Columbus to Cleveland/Akron? Higher/lower potential? More likely to run into problems? Harder to find good tenants? I'd love to hear your thoughts on the matter.

0 Votes
General Real Estate Investing

Post: What are your Real Estate Investing goals in 2025?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38
Quote from @Bonnie Low:

We just had a roundtable discussion on this very topic in THE MTR Connect today. It was inspiring to hear what others have planned for their business and personal lives. For me, my focus is going to be to go back to my roots and flip a couple of properties to generate cash flow. I had moved away from flipping for several years, but my life circumstances have changed and, fortunately, real estate provides endless opportunities to pivot when needed. I'm also working on upgrades for THE MTR Connect - better scheduling, automations, guest speakers, social media - all to help promote the collaborative and supportive space my colleague @Jamie Banks and I have created. And last but not least, I want to launch at least one more MTR in 2025. 


 Great goals Bonnie, I love to see it. Where are you looking for your next MTR? And I run a MTR myself, do you generally used furnished finder or AirBnB? Or something else?

0 Votes
General Real Estate Investing

Post: What are your Real Estate Investing goals in 2025?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38
Quote from @Femi Alakija:

As a newbie, I plan to gain a deep understanding of real estate fundamentals, including financing, property evaluation, and market trends. Connect with real estate agents, property managers, contractors, and other investors. And then acquire my first investment property

Awesome! Those are some great first goals Femi. LMK if you need any help accessing those tools on BiggerPockets. With BiggerPockets Pro you can access a lot of great calculators & tools for doing exactly what you mentioned above. Also, "On The Market" has some great content relating to market trends--does a great job of helping you understand the basics of the REI markets. Best of luck!
2 Votes
General Real Estate Investing

Post: What are your Real Estate Investing goals in 2025?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38
Quote from @Remington Lyman:
Quote from @Mackay Oakey:
Quote from @Remington Lyman:
Quote from @Mackay Oakey:

What are your REI goals in 2025? Are you looking to buy your first investment? Use PassivePockets and invest in a large syndication deal? Do you want to sell off some of your units? Get into glamping?

I'll share first: I plan on spending the first bit of the year saving for my next deal--I'm looking for a SFH somewhere in the midwest to long-term rent. Still open to market ideas (so if you have any ideas, please share!) but mostly considering Ohio or Indiana at this point. Open to any advice here too

I want to sell my underperforming assets to reduce expenses. Currently, I have a little over 100 properties and am starting to notice trends. I am interested in purchasing more triple net leases because I now have more capital. These types of investments require minimal management and also provide significant opportunities for cost segregation.

Ohio is a strong market for purchasing single-family homes (SFH). I know several investors who buy many of these properties. Some of their objectives include bundling them together and selling them to funds that invest in such assets. If you start buying properties in Class C neighborhoods, you can take advantage of higher and more stable rents/renters with Section 8 vouchers.


 Very interesting, best of luck selling off your under-performers.

Do you know if many investors have issues with renting with Section 8? It seems like the standard worry is that your place could get trashed but lower-income renters, have you/those you know had good experiences?

Yes, that is an issue. This is true for any investment property. Generally, there are more prospective tenants who may behave this way with lower-priced rentals. It's essential to screen your tenants thoroughly. Check their social media profiles to gauge whether they are reliable individuals. I like checking what the inside of the car they showed up in looks like. Chances are your unit will look like that when they are done. Personally, I prefer to target tenants with full vouchers, as they won’t have to pay anything out of pocket.


 Do you screen your tenants personally? Do you self-manage? I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).

1 Vote
Short-Term & Vacation Rental Discussions

Post: Should I pull some equity to purchase an STR?

Mackay Oakey
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 38
Quote from @John Underwood:

I use equity to buy lucrative investments with solid returns. 

So if you can find a property that pencils out to be a great investment, then absolutely. 


 I'd agree with John's simple take here. If the deal makes sense and the returns make sense, go for it. You've clearly been here before, so if you're hesitant, maybe it's with good reason?

I would definitely pull up Excel and do some of your own calculations to figure out how things will look. Otherwise check out the BP calculators if you're having a hard time getting started.

0 Votes