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All Forum Posts by: Noah Bacon

Noah Bacon has started 127 posts and replied 686 times.

Post: Using security deposit as last months rent

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054

Hi Ashlee,

Have you and the tenant signed paperwork documenting the lease break?

Starting the eviction process with a demand will only give you more piece of mind with clear future dates on when you will inevitably get possession back of your property if the tenant does not surrender. I would encourage you to go the legal route instead of trusting the tenants word on their move out date if you are skeptical. They can just as easily change their move out which may ultimately hurt you financially more in the long run if they are delinquent. 

Post: Pro Exclusive Live Workshop: Picking a Market

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054

In this 60-minute session, @Dave Meyer will walk you through the key stages of picking a real estate market. While market selection is one of the most important parts of your investing journey, it doesn’t have to be intimidating. Every investor’s goals, resources, and strategy are different, and there is no one-size-fits all solution to market finding.

You’ll walk out understanding:

  • How to balance your goals for cash flow and appreciation
  • Why home prices don’t paint the whole picture for affordability
  • How metrics like the rent-to-income and rent-to-price ratios are similar (and how they aren’t!)
  • Which markets are best for your strategy of choice
  • How to compare similar markets
  • Why some key metrics matter more than others
  • How to find data on conditions like population growth and demographics
  • Which markets are the most affordable this year

Don't miss the live webinar TOMORROW!
Wednesday, February 28 at 2 pm EST

👉👉👉Register here
👈👈👈

Post: Introduction: Newbie to real estate investing

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054

Hey Tiffany! Welcome to BiggerPockets and thanks for joining!

Here are some tips for networking and making the most of your account.

1) I'd fill out your profile fully before you do anything else! As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio. Particularly be sure to include your goals for real estate investing so that folks can help you.

2) Follow your favorite forum topics and set up keyword alerts! Adding keywords related to your investment strategy or market locations can be updated in your settings. You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!

3) Check out some of the local meetups that you can find in this forum! There are so many so be sure to filter by your location.

4) Review Dave Meyer’s The State of Real Estate Investing Report 2024 (in your resource page as a member of BiggerPockets!) for real estate investors available to all BiggerPockets members!

5) Consider meeting with a few agents in your area even if you are just getting started! An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do.

6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

Hope this helps! Please reach out with any questions you may have!

Post: Which professional is the hardest for you to find?

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054

Which of the following team members do you find most challenging to find for your real estate investments? If you have a great strategy for finding a team member, please share it here so our community knows!

Post: Vote for your Favorite Cover!

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054

The publishing team is buzzing with excitement for @Grace Gudenkauf and @Amelia McGee's upcoming book, and we need your help to pick the perfect cover! Your feedback is crucial in making this decision, so please take a look at the options below and let us know which one you think suits the book best. Thank you for your responses and being a part of this exciting journey with us!

Post: 📚 Dave Meyer's New Book Available for Pre-Order! 🔥

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054
Quote from @Nicholas Davaul:

Has the Strategy Planners been shipped/sent out?   I ordered well before the deadline to have the Planner included, but I haven't received the planner yet.    I have received the book, which is AWESOME!   However, I haven't received the planner.


 Sorry for the delay, Nicholas! The planners shipped at the end of last week and you should be receiving it soon. Thank you for your patience and your feedback about the book!

Post: BiggerPockets Pro Partner Update - Stessa!

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054
Quote from @Yvette Fragile:

Hi, @Noah Bacon!

I'm already a Pro Stessa member and am slightly confused after reading through all of the comments here what exactly would be included on Stessa if I go Pro with BP. Are ALL Stessa Pro features included if I am BP Pro member? ZERO difference?

We've been utilizing Stessa Pro for over two years and I don't want to lose any of our previous data. Stessa is getting ready to move from $20 per month to $35 per month unless you pay annually. If you pay annually cost will be $16 per month. I was getting ready to do this but if I can get ALL of the same features, not lose any previous data, AND get my BP Pro membership all for the $32.50 per month, I'm willing to do that.

Who could I speak with to help me get the information that I need because I need to make a decision in the next two weeks before my annual payment to Stessa will be due.


 Hi Yvette!

BiggerPockets Pro members get access to all Stessa core (free tier) functionality – plus unlock exclusive access to advanced features, like unlimited portfolios and Schedule of Real Estate Owned (SREO), all at no additional cost.

If you use the same email address on your BiggerPockets account, you should not lose any data but there is more included in your current Stessa Pro account than switching over to BiggerPockets Pro. 

      Post: Which hardware store do you use?

      Noah Bacon
      ModeratorPosted
      • Property Manager
      • Lansdale, PA
      • Posts 826
      • Votes 1,054

      We're curious about your go-to hardware store! Do you head to the big-box retailers, or do you have a soft spot for your local hardware store? 

      Please consider factors like price, location, product variety, customer service, and brand loyalty. Let us know what keeps you going back to your chosen hardware store. Share your preference and tell us why it's your top choice!

      Post: Tax Books Bundle SALE: Today Only!

      Noah Bacon
      ModeratorPosted
      • Property Manager
      • Lansdale, PA
      • Posts 826
      • Votes 1,054

      Your 2023 tax deadline is coming up. Get the support you need with The Tax Books Bundle. 40% off, today only!

      When it comes to taxes, it’s not about how much money you make—but how much you actually keep. Are you tired of working hard all year to lose the largest chunk of that money to the IRS? Saving on taxes means more money for you, your family, and your real estate investments. Learning tax strategies could be the easiest money you ever make.

      Prepare to save big on your taxes this year.

      👉Buy Now👈

      Post: Connecting with Investors in Orange County NY

      Noah Bacon
      ModeratorPosted
      • Property Manager
      • Lansdale, PA
      • Posts 826
      • Votes 1,054

      Hey Jake! Welcome to BiggerPockets and thanks for joining!

      Here are some tips for networking and making the most of your account.

      1) I'd fill out your profile fully before you do anything else! As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio. Particularly be sure to include your goals for real estate investing so that folks can help you.

      2) Follow your favorite forum topics and set up keyword alerts! Adding keywords related to your investment strategy or market locations can be updated in your settings. You’ll receive notifications when there is conversation in the forums you follow or if a user mentions those keywords—so keep them updated often!

      3) Check out some of the local meetups that you can find in this forum! There are so many so be sure to filter by your location.

      4) Review Dave Meyer’s The State of Real Estate Investing Report 2024 (in your resource page as a member of BiggerPockets!) for real estate investors available to all BiggerPockets members!

      5) Consider meeting with a few agents in your area even if you are just getting started! An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do.

      6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).

      Hope this helps! Please reach out with any questions you may have!