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All Forum Posts by: Jon Simpson

Jon Simpson has started 3 posts and replied 23 times.

Post: My first flip project!!!

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

It may have been a thin deal.  The experience will help on all future deals.  I know some of my deals have been thin.  It has helped me shop for better prices on materials and labor.  Great job and happy investing.

Jon Simpon

Berks REI

Post: How Much Time do you spend on Bigger pockets

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

I have set up blocks of time.

From 5am-630ish  depending on length of podcast.

Post: New member in Pottstown, PA

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

I am new to the Pottstown area.

Do you have a team in place?

Do you know people that are looking for work on rehabs?

Need good Good people that are not way expensive as profits are thin on the rehabs there in Pottstown.

Thanks

Jon

Post: 401k loan for real estate investing

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

That is great to hear.

I used my 401K three times.

Used the rent to pay it back sooner so I could borrow back.

Now I'm using others peoples money to buy.

Post: Started out with $25k 5 years ago, now I have 90 rentals!

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

Very good read. I love how you scaled up so fast.  I told people around me that the faster you go the easier it gets.  Before I left me 9-5 job I was going slow.  Now I am scaling up fast. 9 deals already this year.

Post: My First Real-Estate Investment

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

Nice on your purchase.  Chris is a great guy.

Post: Water, Sewer, & Trash in Pottstown PA

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

Steve what did you find out?  Is it passed on to the tennets?

Post: Berks County Real Estate Investors Meetup Group

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

Do you update this when meeting are coming up?

Post: Pottstown Meetup: Wholesaling

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

Do you update when your meeting is coming up.

Post: does it matter where your electric panel box is?

Jon SimpsonPosted
  • Berks County Blandon Pa
  • Posts 24
  • Votes 5

I'm from Southern Calif. Always been outside.  

Moved to New York was inside with the meter and gas meter.

Moved to PA.  All the properties I have been have panel box inside...Been inside very old and new homes.