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All Forum Posts by: Noah Bacon

Noah Bacon has started 127 posts and replied 686 times.

Post: How do you find median wage growth and population growth? (deciding on a market)

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

Hey Mary!

I would check out both of these resources:

1. These Are The Top 20 Up-And-Coming Real Estate Markets This Spring - This article was posted 3 days ago, and might give you some markets to dive into further.
2. Spring 2023 Update: Rental Market Data Author: Dave Meyer - This report will give you a very in depth analysis of Rental Market Data in various markets.

I hope these are a step in the right direction for picking your market!

I'm also very interested to hear what market you end up investing in, please keep me in the loop!

Post: Hello, I am New and Very Eager to Learn

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

Hey Jesus! 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) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

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 this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for 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: Short term rental (STR) in Soldotna/Kenai AK

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

This is an older thread but I am new to investing in RE (other than primary residence) and in Kenai/Soldotna myself. Would love to make some connections with my fellow investors in the area. If no response I'll try each of the above privately ;)


 Hey Corey! 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) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

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 this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for 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: What Phase are you in on the SMARTER way to invest in Real Estate?

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

It may be difficulty to identify what stage you're at in your investing career, especially early on! Have you heard of The SMARTER way to invest in Real Estate? 

BiggerPockets has broken down the 7 SMARTER phases of Real Estate investing and we are interested to see what stage you are in! Please post a reply below to see if any other members of the community are in the same phase as you!

Post: Good morning, my name is Susan and I am excited to get started in investing!

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

Hey Susan! 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) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

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 this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for 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: New Cash Flow Investor in Fort Lauderdale, FL

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

Hey Alexander! 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) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

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 this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for 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: Newbie at REI

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

Hey Loreto! 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) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

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 this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for 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: Caught The Bug, Looking to Connect

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

Hey Christian! 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) Go to the Search bar, and look for some local members in your area! Reach out to a few of the folks, perhaps those with hundreds or thousands of posts in this forum, and connect. You can do that here.

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 this comprehensive 64 page deck on the state of the 2023 housing market (in your resource page as a member of BiggerPockets!) for real estate investors put together by Dave Meyer and available for 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: House Hacking My First Investment Property!

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

Hey Sophie,

2023 is going to be YOUR year! 

When I was buying my first investment (which was a house hack!), I wish I would've started the leasing process sooner. I bought my property entirely remotely, and once I physically moved in that is when I started to look for leasing resources. If I had started looking for leases or an attorney to draft the leases while I was under contract, I would've been able to market the property sooner, and ultimately get my first rent check!

It slowed down the process by about 2 weeks, which isn't the end of the world! My second time around, I was much more prepared for this with professionals and leases in place. 

Post: What do you charge for Pet Fees?

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

One of the most common questions I see as a Landlord when leasing out my properties is around Pet Fees/Pet Restrictions.  When renting with my furry friend in the past, it was not uncommon to run into Non-Refundable Pet Fees, Pet Security Deposit, and a Monthly Pet Rent. 

What are you charging in Pet Fees?🐶🐱🐰
Have you increased any of your fees recently?