All Forum Posts by: Jon Klaus

My BP search didn't work, but my Google BP search did:

https://www.biggerpockets.com/blogs/673-frank-rolf...

Search "Frank Rolfe" under member blogs here at BP. 

Originally posted by @David Dachtera:

Originally posted by @Jon Klaus:

"Those returns aren't that hard to find. The folks in my investing group pay their private lenders 12% to 20% for 6-month loans (1% to 1.67% monthly)."

Sounds like hard money lending which isn't quite risk free  

Show me a risk-free investment (RE is not it). 

Paying off high interest credit cards?

"Those returns aren't that hard to find. The folks in my investing group pay their private lenders 12% to 20% for 6-month loans (1% to 1.67% monthly)."

Sounds like hard money lending which isn't quite risk free  

Sounds like you have close to $2k per month in free cash flow.  Knock out that 14-15% debt in 5-6 months and then start banking down payment money.  Guaranteed return of 14-15% over the short term. Hard to find that anywhere else. 

Google was up $50 and Amazon was up $35 on Friday. I don't think we can look at the stock market as a bearish indicator for Bay Area real estate. The tech market is still on fire, albeit with volatility.

With over 384,000 members, if BiggerPockets was a city, it would surpass New Orleans as the 50th largest U.S. city.  

https://en.m.wikipedia.org/wiki/List_of_United_Sta...

And we would also be the fastest growing U.S. city by far.

Keep growing, BP Nation!

Welcome to BiggerPockeys, William.  What kind of multi-family are you thinking of building for your own portfolio?  

We're glad you've joined us!

Welcome aboard, Joe. It's great to have a seasoned pro join our ranks. What/where are your favorite types of investments these days?

Can't she do a self directed Roth IRA, and then systematically withdraw her original contributions while letting the gains ride?