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All Forum Posts by: Noah Bacon

Noah Bacon has started 127 posts and replied 686 times.

Post: Final Enrollment Deadline for January Bootcamps: Today!!

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

Hi @Ellen Mitchell,

I just messaged you the Zoom Link!

Post: BiggerPockets Meetup | Come meet your favorite podcast hosts!

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

@Meghan O'Quinn there is not a structured agenda for tonight. If you have a copy of Start with Strategy, bring it with you for @Dave Meyer to sign! Plan to arrive accordingly as there is limited parking.

Post: Has anyone delt with an abandoned house build investment?

Noah Bacon
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,054
Quote from @Alan F.:
Quote from @Brandon Patrick:

Hello All,

I came across a lot for sale? The builder and the homeowner could not agree to terms for a house build. The owner sued the builder and was paid out leaving the property abandoned for 2 years now. The lawsuit has been finalized and the owner has made the decision to just sale the land for $170k. $204K of work was completed, but the owner is ready to dump the property and move on.

Arv is worth $800k. All inspections were good, but the home would need new permits.

My question is if the abanded property can still be salvaged or does it have to be torn down and redone after sitting in the elements for so many years?

2 years is quite a bit of time, but this could be a great deal non the less. IMHO it needs hands on it to really tell. Theres a great GC on the forum and he lives in AZ. I can't tag from my phone lol. His name is Bruce Woodruff. Maybe find him on forum and DM. Hopefully he'll see this thread anyway . I really hope this works for you!

@Bruce Woodruff tagging you for visibility! Any recommendations on the above with your long time GC experience? 

Post: Where to start?

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

Hey Nikki! 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: Should I Tell the Roommate that I'm the Landlord?

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

Hi Jacob,

Personally, I found success telling my roommates/tenants that I was the landlord which helped me be more transparent with property questions. If you decide to let your roommates know that you are the landlord, I would also recommend handling the leasing process instead of using an agent to be very clear up front that you are the landlord and roommate of the prospective applicants. 

I recommend this because I found that my roommates took more precaution when asking for certain things and actually did take really great care of the property. I am of course assuming they took better care of it with me actively living there, but it made a lot of conversations proactive instead of reactive after a question or concern would arise.

I know there will be opposite opinions, but I am certainly pro letting your roommates know that you are the landlord of the property!

Post: BP Calculator and Pro Service issue

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

Hi Christopher!

I'm sorry to hear you are having issues with the calculator and Pro sign up page. Please email [email protected] and we'll help you get all sorted out!

Post: Starting out in Denver

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

Hey Randy! 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: CPA - Looking for a CPA who's creative and savvy

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

Thanks @Noah Bacon! I found this link in a previous post but unfortunately it doesn't work anymore. It says the page can not be found.


 My mistake Adam! I apologize for the confusion. I will keep you posted as soon as we have that link working again in the near future!

Post: New to Investing and Bigger pockets

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

Hey Anthony! 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: CPA - Looking for a CPA who's creative and savvy

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

Hi Adam!

Have you tried looking at BiggerPockets Tax Partners?

BiggerPockets can help you find an Investor-friendly CPA or Enrolled Agent to help you maximize your tax savings potential.

Hope this helps, and please reach out with any questions you may have!