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All Forum Posts by: Jon Sanborn

Jon Sanborn has started 4 posts and replied 178 times.

Post: Looking to rent out in Philadelphia suburbs

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69

@Jennifer Fernéz Like previously mentioned, it really depends on your goals and exactly what you are looking for. 

These sites may help you identify where you yourself want to be, since everyone has different wants/needs/goals. 

http://www.city-data.com/city/Philadelphia-Pennsylvania.html (The site breaks its info down by zip code)

http://data.inquirer.com/crime/

Hope this helps! 

Post: Giving friend of friend preference over other applicants

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69
I would agree with Greg S. But if you run his application just like a regular applicant and he meets your requirements you should be good to go without having to worry about discrimination etc since you did your regular application process.

Post: Wholesaler from Philadelphia

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69
Blair Frazier Welcome to BP! You've come to the right place. There's so much to learn here, and so many people to network with. Best of luck!

Post: Brewerytown PA

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69
Kevin Branin I also ride my bike to and from a lot of places in the city and I also use that indicator as well.. If I'm willing to bike a street at night, that says something. That's great that you saw positive signs up on Oxford!

Post: We have $80k to invest but we dont know where to start.

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69
Mel Kline It really depends on your ultimate goals. Do you want larger spreads, more involvement, and basically creating another job for yourself? Then flip. Or, do you want passive income as a landlord? This is up to you and your family how you want to operate. Best of luck!

Post: Mentors

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69

@Alan Wolkov @Andrew Ruscak You guy's should attend as many REIAs as you can. They are a great place to meet partners, and mentors. Best of luck!  

Post: Investing local or not, want to build through flip

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69

@Cindy Donley Be careful with the $5,000 homes. There are a lot of rough parts of this city. It's very block by block. These sites may help: 

http://data.inquirer.com/crime/ 

http://www.city-data.com/city/Philadelphia-Pennsylvania.html

Post: New Member

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69

@Josh Turner You've came to the right place! What are you ultimate goals?  

Post: Newbie from Philadelphia, PA

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69

@Anastasia Tran Great idea to house hack, You can't beat the 3.5% down with an FHA! Great areas. I am also interested in Fancisville, and parts of West Philly. Best of luck with everything!

Post: Supply Vs. Demand

Jon SanbornPosted
  • Real Estate Agent
  • Philadelphia, PA
  • Posts 180
  • Votes 69

@James Brand That is a question I also ask myself. With all the large developers building huge apartment complexes all over the city, what's the breaking point? At what point will there be more places to live than people, or at least places that people can afford.