Jon Klaus

Jon Klaus

Developer

Garland, TXMember since 2008

About myself

God and family take priority. Real estate development and investing help me live my priorities. It allows me to be as passive or as active as I want to be. It can serve you and your heirs indefinitely. Experience: I've owned and flipped a few properties over the past 25 years, Starting in 2008, I've made it my career. In 2008 I bought an office building which I still own. It's fully occupied. JOINED BIGGERPOCKETS. In 2009 and 2010 I acquired a portfolio of single family homes. I bought most of them through the HUD auctions, but picked up some REO's, too. I flipped a few, but kept most for income. In 2010 I bought a ranch that was my homestead for 6 years. I since added a pond, a small lake, a cabin, and a shop with apartment over it. I sold the home and 28 acres in the Spring of 2016, Still have 78 acres that I may sell or develop. In 2011 I started building and selling spec homes in Austin. In 2012 I flipped a ranch. I bought a 7000 sf unfinished foreclosure, 51 acres surrounding it from different owners, finished the home, and sold the entire property. In 2013 built several new spec homes. They are typically 1500-2100 SF and sold for $350K-$550K. 2014--Built and sold more spec homes in Austin. Selling off some SFR rentals. 2015--Sold some more SFR's. Bought 7 Austin homes in a package. Bought Austin commercial property. Bought land parcels. Bought new primary residence. Sold some more new construction homes. 2016--Sold multiple land parcels. Sold prior personal home. Currently building 7 homes. Rehabbing 2 homes. Bought commercial corner. Looking at development deals. Looking at raw land. 2017 - Sold a few Austin spec homes. Rehabbed and sold 2 Dallas homes. Bought 70 acres connected to 48 I already owned in Hunt County. Bought 38 acres in another part of Hunt County. Bought a commercial parcel with a small group and plan to build an office building and restaurant. Bought a small commercial building adjacent to another restaurant I own in order to expand. 2018 - Sold some Austin spec homes. Bought two restaurant buildings. Rehabbed one of them. Bought and rehabbed a bed and breakfast. Bought more land. 2019 - Started on construction on 5 more spec homes in East Austin. Developed 12 acre Greenville property with new 4/3 home. Switched several Austin rentals to STR's. Sold some acreage. Invested in ground up development of mixed use project with office, co-working, restaurant and coffee shop. 2020 - Completed 5 spec homes in East Austin. Sold 3 East Austin homes, YTD. Built new addition on personal home. Sold new 4/3 on 12 acres in Greenville. Sold several acreages in Hunt County. Completed construction and lease up of Sunnyvale mixed use project. Real Estate Goals: Upgrade portfolio. Reduce number of properties. Currently Seeking: Texas land and development opportunities. Sell some properties.

Active about 1 year ago

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