meta_pixel
Tapesearch Logo
Log in
The Best Ever CRE Show

JF2330: Using Closet Space to Increase Net Operating Income With Jim Monk

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7995 Ratings

🗓️ 18 January 2021

⏱️ 28 minutes

🧾️ Download transcript

Summary

Jim Monk is the founder of Clozzits which he started up after reviewing needs in the multi-family industry for optimized closet space. His goal is to differentiate beyond the normal amenities and tap into a new area of construction development, renovations, and property management. Jim has 2 years of experience in multifamily ownership with 623 units himself but his primary focus has been bringing superior closets to billion-dollar multifamily companies Jim Monk Real Estate Background:  Founder of Clozzits, Clozzits is dedicated to increasing NOI & overall asset value resulting in immediate rent increase at an average of 2-5%  2 years experience in multifamily ownership with 623 units  His current focus is optimizing closet space for multifamily companies Based in Dallas, TX Say hi to him at: www.clozzits.com  Best Ever Book: Blitz Scaling         Click here for more info on groundbreaker.co  Best Ever Tweet: “Trust your team” - Jim Monk Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.

0:23.0

InvestHERCON is not just another real estate conference.

0:27.0

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-G-O-K-G-O-K-O-K-O-Kom,

1:00.6

Promo-G-O-G best ever to get get $100 off your ticket.

1:05.0

Especially if you're a passive investor not in it on a daily basis is trust your team, but

1:09.3

make sure you vet them out, make sure that you're sitting there and talking to them.

1:13.5

If they give your references, call the references.

1:15.4

Before we get into it, I want to introduce you to Groundbreaker, today's sponsor and

1:19.1

partner.

1:20.2

They are an all-in-one suite of tools for small to medium-sized real estate syndicators.

1:25.6

They've got a special focus on real estate syndicators with 1 million to 100 million assets under management.

1:32.0

They help you increase productivity and

1:34.5

investor satisfaction by automating fundraising reporting and investor relations

1:38.6

through elegant and powerful workflows built by syndicators for syndicators.

1:44.0

Groundbreaker will help you scale your business without the need to scale your overhead

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Best Ever CRE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Best Ever CRE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.