Understanding capital for loans and equity is critical to real estate investing. The more you know, the easier it is to attain capital.
On this episode of Zen and the Art of Real Estate Investing, Jonathan interviews Jake Clopton, founder of Clopton Capital. Jake founded Clopton Capital in 2009 as a way for property owners and operators to efficiently access debt and JV equity for commercial properties. He also owns Clopton Insurance Services and multiple apartment communities in the Chicagoland area.
Jonathan and Jake begin by discussing Jake’s interest in real estate investing and how he initially got involved in the real estate world. Jake shares some of the mistakes in commercial assets over the last few years and the impact interest rates have had on the industry. You’ll hear why you need to know your market and how to invest in it, especially in a city like Chicago. Jake shares why you should view your assets as operating assets that complement one another, understand your insurance policies, and what to look for in commercial financing. He reveals his ideal client for lending, why there is no such thing as passive income, the future of office space, and why everything in real estate returns to relationships.
Learning the cost of capital and how insurance can impact your investments is critical, and Jake Clopton shares some of these must-knows in real estate.
In this episode, you will hear:
- Jake Clopton’s interest in real estate investing and how he initially entered the field
- The mistakes in commercial over the last few years and the impact of interest rates
- Why Jake chose a 20-unit multifamily as his first investment
- Knowing your market and how to invest in it
- Growing the business, viewing your assets as operating assets, and how they complement one another
- The importance of understanding your insurance policies
- What to look for in commercial financing
- Jake’s ideal client for lending and why businesses like car washes are hidden gems
- Why there is no such thing as passive income in real estate and the assets Jake likes right now
- The best options for vacant commercial real estate and the future of office space
- Relationship-building’s importance in real estate
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Supporting Resources:
Clopton Capital website – www.cloptoncapital.com
Clopton Capital on Facebook – www.facebook.com/CloptonCapital
Find Clopton Capital on Instagram – www.instagram.com/cloptoncapital1
Connect with Jake Clopton on LinkedIn – www.linkedin.com/in/jakeclopton1
Clopton Capital’s X/Twitter – x.com/CloptonCapital
Website – www.streamlined.properties
YouTube – www.youtube.com/c/JonathanGreeneRE/videos
Instagram – www.instagram.com/trustgreene
Instagram – www.instagram.com/streamlinedproperties
TikTok – www.tiktok.com/@trustgreene
Zillow – www.zillow.com/profile/StreamlinedReal
Bigger Pockets – www.biggerpockets.com/users/TrustGreene
Facebook – www.facebook.com/streamlinedproperties
Email – info@streamlined.properties