46: Six Figure Profit Spec Building and Marketing for Incredible Deals with Jon Klaus

On today’s special Thanksgiving Day show, we sit down with one of BiggerPockets’ most active members and biggest success stories, Jon Klaus. Jon has flipped homes, built new properties, rented homes, and done a huge variety of other activities in the real estate space. Not only is Jon an incredibly nice guy, he’s also one of the smartest investors you’ll ever hear from. Don’t miss a second of this powerful show, where we cover everything from marketing for killer good dealsoutside of the MLS, arranging financing for your deals, getting started with no money, and even a step by step journey through a six-figure spec build. Read the transcript for episode 46 with Jon Klaus here. In This Show We CoverHow Jon got started…using lawn mowing moneyMistakes Jon has made involving War ZonesThe 7,000 sq ft house flipThe 2% Rule – what it is, when to use itWhen to change your strategyThe secret for beating other investors with great dealsHow to market for incredible dealsHow a single trees can cost you over $200,000A step by step guide for spec buildingThe four elements needed for a successful spec houseBooks Mentioned in the ShowRich Dad Poor Dad by Robert KiyosakiThe 4 Hour Workweek by Tim FerrissThe E-Myth Revisited by Michael GerberThe Richest Man Who Ever Lived: King Solomon’s Secrets to Success, Wealth, and Happinessby Steven K. ScottLinks from the ShowThe Rental Property CalculatorBP Podcast 022 – Building a Marketing Machine, Spec Houses, Flipping & Wholesaling with Tucker MerrihewWade Cook – WikipediaThe Definitive Guide to Using Seller Financing to Buy Real EstateHow to Hack Your Housing and Get Paid to Live for Free from Brandon TurnerForum Threads on Dodd Frank and Safe Act 1, 2, and 3BP Podcast 038: Unique Strategies for Buying Real Estate with Travis DaggettJ Scott Diary of at Spec BuildRich Weiss – BiggerPockets ProfileJon’s recent project (with Photos)Tweetable TopicsWith determination, focus, and a little bit of money – you can get started as a real estate investor today. (Tweet This!)The deal flow will always be there; people will always buy and sell real estate. (Tweet This!)Buy the property right – that makes all the difference in the world. (Tweet This!)The key to success is determination and endurance. Winners don’t quit when it gets hard. (Tweet This!)Connect with JonJon’s BiggerPockets’ Profile