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All Forum Posts by: Noah Bacon

Noah Bacon has started 127 posts and replied 686 times.

Post: Eager New Investor

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

Hi Don! 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: I Am A New Member

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

Hi Craig! 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: Can you really househack every year?

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

Hey Alec! 

Buying a duplex every year is certainly a high bar to set, not to say it can't be done. 

I have not heard of qualifying for a loan based on the amount of equity in a different property. I purchased 2 SFHs back to back years, and my biggest hurdle was proving a low DTI with a mortgage on my tax return.

Maybe I am misunderstanding the question, but I would talk to your lender and see how much of your mortgage you are able to offset with your rental income to position you for another loan. 

Post: New investor just started

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

Hey Ananda! 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: Discrepancies for PRO membership (RentRedi)

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

Sorry for the confusion! The above photo is old copy and has been updated on the following page: https://www.biggerpockets.com/blog/pro-partners

Self-manage unlimited rental properties – powered by RentRedi.

  • Screen tenants, accept applications, and e-sign leases
  • Collect rent online without any hidden fees
  • Reduce vacancy with syndicated network postings and professionally-designed listings

RentRedi is typically $19.95/month, but Pro members get it for FREE ($240 annual value)

Please let me know if you have any issues accessing your account!

Post: Connect with Investors across Southern Mn!

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

Hi Grant!

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!

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.

I hope this helps!

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

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

Last call for our January Bootcamps! Today is the absolute final day to enroll in our Bootcamps that are starting next week. We've retooled and updated our Bootcamps to address today's market to help you achieve your investing goals for 2024.

Bootcamps are 8-week comprehensive online courses to get you ready for 2024. Courses include:

  • Real Estate Rookie - with Ashley Kerr & Tyler Madden
  • BRRRR Strategy - with Henry Washington
  • Mastering Multifamily - with Matt Faircloth and Justin Fraser

Don't miss out! Join a group of like-mind individuals and take on 2024 with confidence.

Enroll Now

Post: Playlist Beta Member!

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

Hi @Sarah Stages!

The Playlist Beta Membership will help shortcut the learning curve with unlimited audiobooks and ad-free podcasts.

Playlist Beta subscription accounts are separate from BiggerPockets accounts. In order to access BiggerPockets free or paid membership benefits, users must create a BiggerPockets account, too.

With the Membership you get:

Unlimited audiobook downloads of 38+ real estate investing and business books ($1,250 value)
Unlimited ad-free podcasts including Real Estate, On The Market, Money, Rookie Business, and Daily

Post: 📺 FREE Registration open for FIRST-EVER 2024 Live Virtual Summit! 🎉

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

This January 29th to February 1st, join thousands of BiggerPockets members for four mind-blowing nights of pure real estate wisdom led by your favorite real estate experts and make 2024 your year for real estate success! 

👉 Register now for the 2024 Live Virtual Summit: biggerpockets.com/virtualsummit. Day 1 is FREE for all members! Days 2-4 are FREE for all Pro members. Upgrade to Pro for 20% OFF ASAP to join us! 

DAY 1: FREE FOR ALL MEMBERS: 2024 State of Real Estate, with Dave Meyer

Date: Monday, January 29th @ 7PM EST

  • Understand what happened in the real estate market in 2023
  • Learn what to expect from the real estate market in 2024
  • Adjust your investment strategy based on the latest market conditions
  • 10 new tactics to drive your investing success in 2024

DAY 2: Fantastic Deals and Where to Find Them, with Kathy Fettke and Henry Washington

Date: Tuesday, January 30th @ 7PM EST

  • Discover Henry's fool-proof strategies for finding killer deals
  • Explore Kathy's top markets to find deals in in 2024
  • Understand key migration and development trends to focus your deal-finding efforts
  • Determine when to confidently jump on a deal and when to "wait it out"

DAY 3: Investing in 2024 Panel

Date: Wednesday, January 31st @ 7PM EST

  • Learn which certain strategies promise the best returns in 2024
  • Understand when to stick to your strategy and when to pivot your approach
  • Discover insider tricks to keep your investments safe and profitable in current conditions
  • Find the best strategies for maximum portfolio growth in 2024 and beyond

DAY 4: Uncovering Hidden Value with James Dainard

Date: Thursday, February 1st @ 7PM EST

  • Become a better investor with a confident, value-add mindset that will give you control of your returns even in tough markets
  • Learn exactly how to create your own equity and cash flow with a low-cost, high return renovation plan
  • Learn to see the value that others can't and confidently buy winning deals with multiple use options and exit strategies
  • Optimize your existing portfolio's cash flow and equity through strategic construction and rehab

👉 Learn more and register here: biggerpockets.com/virtualsummit

Post: Nice to meet everyone

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

Hi! Welcome to BiggerPockets and thanks for joining!

Are you looking to invest in Colorado Springs? If so, what strategy are you following?