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All Forum Posts by: Mackay Oakey

Mackay Oakey has started 1 posts and replied 52 times.

Post: How do you research the best areas to invest in?

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

BiggerPockets has some pro tools that let you see rent to price ratios and other cool stats, I use this to check out various markets and which seem to have better/worse profitability. Could be a good place to start!

Post: House Hacking in expensive markets - MA and RI

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

I think that VG here has a pretty great perspective. If you can save up for a slightly higher down payment your margin for success will be significantly higher.

Also, I strongly agree with the "buy the worst in a great neighborhood, live in the worst unit of the triplex and slowly fix it up yourself." Great way to go about things.  @V.G Jason 

Post: New laws in Oregon now define who can wholesale and what license is required

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

Very interesting. I'll have to read more about this on my own then. Thanks for the info. @Jay Hinrichs 

Post: Long Overdue Introduction

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

Cool, what are you focusing on to pin down which investment strategy you're looking for? I'm planning on buying a LTR at the moment, likely small multifamily.

markets are hard too. Lots of good choices!  @Thomas Farrell 

Post: New laws in Oregon now define who can wholesale and what license is required

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

Have other states taken similar actions yet? What effects would you expect to see from this legislation change?@Jay Hinrichs

Post: How to buy two rentals in one year?

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

Sean, this is a great place to start, use Robin's helpful links: @Robin Simon 

Post: Long Overdue Introduction

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

Welcome to the group Thomas! What are you investing in or considering investing in during 2025?

Have you considered going to BPCON in October this year? (las Vegas). Definitely the best place to meet like-minded investors!

Post: New to biggerpockets

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

I'm also here to recommend Dainaird's new book on flipping. Check it out! There are also some great YT vids on the topic, search "BiggerPockets house flipping" or something similar. Dainard is especially interesting to listen to on the topic.

Post: rental property and tax filing

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

You can also use the CPA Finder here on BiggerPockets to get started too.

Post: Looking for a lender

Mackay Oakey
Pro Member
Posted
  • Senior Data Analyst at BiggerPockets
  • Idaho Falls, ID
  • Posts 53
  • Votes 37

Is skipping the appraisal a cash-saving concern? Or are you worried about where the appraisal will shake out?