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Updated about 10 years ago on . Most recent reply

User Stats

5
Posts
5
Votes
Scott Jones
  • Investor
  • Lafayette, IN
5
Votes |
5
Posts

Investor from Indiana

Scott Jones
  • Investor
  • Lafayette, IN
Posted

My name is Scott Jones and I have been investing in real estate for the last 5 years and come from a finance background. I currently live in Chicago but my company is located in and buys real estate in Indiana. Currently focused in the town of Lafayette (where I grew up) but am looking to expand to other IN markets this year to continue to grow the business. I have started to learn the Chicago markets for potential future deals, but my comfort zone is still in Indiana (plus real estate taxes are much lower!) I started my career in 2008 in Los Angeles where I lived and found deals for flippers during the collapse. I learned a lot over that time and started flipping my own properties in 2011. The market had gotten more competitive and margins squeezed and in 2013 moved back to the midwest to pursue new opportunities. Interested in rental properties I created a partnership in Q3 2014 to start building a rental portfolio. The company has done well and has started out 2016 with two new acquisitions. I am looking to expand into new markets this year to further diversify the holdings. I love real estate investing. Everything from running models to redesigning a kitchen or bath. I still have plenty to learn, but am seeing my hardwork in the my early years paying off. Looking forward to connecting with other investors, discussing issues and ideas, and potentially finding new acquisitions. 

Best

Scott

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