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All Forum Posts by: Noah Bacon

Noah Bacon has started 127 posts and replied 688 times.

Post: Followed Locations Function

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

Hey Sebastian!

I just checked your settings, and it looks like you have location notifications turned off. You can adjust your settings here.

I received this notification yesterday, and can verify it is still sending notifications!

Post: Confused on BP Pro

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

I believe it was the formatting of the photo. I changed the format from webp to jpg and it seems to have worked. You will see an analysis for "Test 123" with the photo that you are able to edit with the correct data. 

I will also send you a PM to the URL to edit directly. Please let me know if you are having any trouble editing the analysis!

Post: Looking for Female who Might like to share an oceanside room at BPCon

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

Hey Ginnie!

We created a discussion here to find your BPCON buddy, if you'd like to copy this post onto that discussion for more visibility!

Thank you for sharing, and I really hope to see you in Cancun this October!!

Post: Home Depot Perks

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

Hi @Victor Soni!

You can find the enrollment instructions here. Take advantage of the discount as it looks like it could save you a lot in your painting project!

Post: Is it smart to buy a house hack that we couldn't afford without the rental income?

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

I am not a lender, but I would not expect you to qualify for a mortgage on a SFH that you would not be able to afford. Even with future income to offset the mortgage, I would not expect a lender to underwrite a SFH as an income producing property like they would for a multifamily property.

I would not advise you to pursue a house hack that you cannot afford without a tenant, due to the nature that it will certainly take time and mistakes for your first rental to stabilize. 

I wouldn't skip it entirely until you've done all of your due diligence; you can seek additional loan options or even a parter on the deal if the carrying costs are too high. Of course your numbers will need to work if you are going to seek partners!

I wouldn't get too hung up on a specific number or rule about how much of the mortgage you are responsible for after your rental income WHILE LIVING IN THE PROPERTY. What I would really concentrate on is analyzing the deal as a traditional long term rental without you living in the property in 1-2 years. A few things to think about:

Does it cash flow? 
If not, how much of a loss are you taking? 
Will it cash flow in year 2-3, or will I need to sell after I move out?

Offsetting any part of your mortgage is going to be a huge benefit while you live in the property, hence why I am less focused on a certain rule or number. You need to make sure the next 25+ after you move out of the property make sense as a rental and where I would shift some of the focus!

For reference, I have moved out of 2 house hacks, turned them into LTRs, and one cash flows while the other doesn't just ever so slightly :)

Post: Confused on BP Pro

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

Can you send me the photo that you are trying to upload? I will create a test analysis with your photo to make sure the formatting is correct.

I also sent you a PM if you'd like to send it over privately!

Post: Confused on BP Pro

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

Hi Eric,

I am impersonating your account, and wanted to confirm this is the page you are not able to upload the property photo?

You're account is still active as a Premium account. which has all of the benefits of a Pro account. 

Post: Hello from Richmond VA

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052

Hey Punit! 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: 🎉 BPCON Registration is Now Open! 🎉

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052
Quote from @George Martin:

Does the pricing include airfare?


Hi George,


 It does not. The pricing includes your stay and ticket to the conference. 

After securing your spot at the 2024 BiggerPockets Conference, all you need to do is book your flight to Cancún International Airport (CUN) and your ride to Moon Palace and you’re all set for a fun-filled, educational getaway!

Post: 🎉 BPCON Registration is Now Open! 🎉

Noah Bacon
Pro Member
ModeratorPosted
  • Property Manager
  • Lansdale, PA
  • Posts 826
  • Votes 1,052
Quote from @Dan H.:

I could not extend after the conference and could only extend 1 day before the conference.  Is this an issue with the website or are rooms unavailable.   If rooms are unavailable this early in the booking cycle, I believe you chose a poor location.   If I go to Cancun, I want to stay longer than the conference.  

Hopefully it is just a website issue and the rooms are available for extending the stay.  


 Hi Dan!

The website will only allow you to select the 3 days of the event. For any hotel needs, including extending your stay, adding guests, or changing your room type, please reach out to [email protected] and they will help you extend your stay longer!