All Forum Posts by: Noah Bacon

Hi Frank,

Our local forums are deprecated and do not show up in the forum navigation menus (Top Level and Left Rail). Discussions that have not received any engagement after 3 months are rolled off of the forum interface, but are not archived and still discoverable. Tagging your location is the recommended replacement and can be added when creating your forums posts as shown below:

You also have the control to select your frequency of delivery for location notifications found here. I am sorry for the confusion with our transition, and look forward to assisting in setting up your new followed locations to keep you in alerted of discussion in your area!

Hey Bettina!

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. Also, as a Pro Member you are able to create your own meetups/events if you are looking to host your own!

For information about meetups hosted by BiggerPockets, I would recommend following @Alexandra Hughes Pailet for updates!

Hey Tony! Welcome to BiggerPockets and thanks for joining!

I'd recommend you 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!

Also, 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!

Lastly, 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!

Hope this gets you started in the right direction, and please let me know if I can help answer any questions!

 Thank you for your response, Greg. With your opinion and expertise, would you expect increases similar to this over the next 2 years?

This morning the HOA on one of my properties located in Colorado Springs informed the owners of a "Special Meeting Notice" to ratify an amended 2024 HOA budget due to an unexpected high insurance renewal. I reviewed the proposed operating expenses for 2024 to see that our Insurance expense increased 386% YOY! ($99,600 ---> $484,206)

I contacted the HOA Community Manager this morning to seek more clarity on such an astronomical increase, but am left scratching my head. The 2 main reasons for increase were as follows:

-Many carriers have moved out of Colorado or no longer offer coverage for HOA communities, so there’s a smaller pool of insurance companies to choose from.
-The insurance climate related to HOAs in Colorado has been worsening in the past few years due to the hail storms and wildfires

The dues on the property were relatively low at $166/ month, but are now being increased to $329 / month. 

I am shocked that an increase could come at this scale YOY and am considering deploying the capital elsewhere to prevent any future loss on valuation.

Have any other owners in CO or nationally experienced a massive increase like this in 2024?
How has the value of your property been impacted by a large dues increase?

Hi Melanie,

Ignoring a user is a Pro-Only function and will not be visible on your free account with the instructions on this thread. If you have a Pro account, you can ignore users as Chris described above. Thank you for understanding and I apologized for the the confusion!

Yes, I will follow up on this. Thank you both for keeping me in the loop @Scott Trench @Tom Gimer

We're excited to kick off 2024 by sharing some good news with you! In response to your valuable feedback, we've made significant updates to our forum notification settings, putting you in control of your experience.

What's New:

You now have the power to customize the frequency of your notifications based on your preferences. Whether you crave instant updates, prefer a daily digest, or opt for a weekly summary, the choice is yours. Explore the updated user control settings in your profile to tailor the following notifications:

• Forum Activity:
  • New topics in a forum you follow
    
  • New topics in a location you follow
• Connections, Following, and Followers:
  • New followed keyword mentions

Our goal is always to enhance your experience within our community, providing you with a more personalized and enjoyable platform. To achieve this your input is crucial, and we welcome any feedback you may have regarding the updated settings. Your insights help us refine and improve BiggerPockets platform, ensuring it meets the needs and expectations of our community.

Please don't hesitate to reach out to me directly or to our support team at [email protected] if you have any questions.

We look forward to hearing your thoughts on these exciting updates and appreciate your continued support!

Congrats Ken!

Can you elaborate more on what's in the "sauce"? Creating $225,000 of equity at purchase is very impressive and I'm sure I'm not the only one interested in how you were able to get such a great deal! Looking forward to hearing from you!

Great! Way to take action kicking off the New Year!