This episode of Zen and the Art of Real Estate Investing features Jake Clopton, founder of Clopton Capital, to discuss the importance of understanding capital when it comes to loans and equity in real estate investing. Jake started Clopton Capital in 2009 to help property owners and operators access debt and joint venture equity for commercial properties more efficiently. In addition to his work at Clopton Capital, Jake also owns Clopton Insurance Services and several apartment communities in the Chicagoland area, making him a seasoned finance and real estate expert.
As their conversation begins, Jonathan and Jake dive into Jake’s journey into real estate investing. Jake reflects on mistakes made in commercial assets and how fluctuating interest rates have impacted the industry. He emphasizes knowing your market, particularly in cities like Chicago, and treating your assets as interconnected operations. Their conversation touches on understanding insurance policies, what to look for in commercial financing, and Jake’s ideal lending clients. He also explores office space’s evolving future and stresses relationships’ central role in real estate. Jake highlights the critical need to grasp the cost of capital and how insurance can influence investments.
Jonathan and Jake delve deeper into:
- Jake saw an opportunity to start Clopton Capital with the credit crisis of 2008-2009.
- Having a lot of investor capital but not enough personal money led to difficulties for investors when they needed more capital as the market shifted.
- Multifamily, commercial, and repurposing vacant office space all offer potential to real estate investors.
Jake Clopton offers a unique perspective on capital and insurance for real estate investors with insights on what you could be missing.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out https://zenandtheartofrealestateinvesting.com/podcast/176/.