Show 179: Helping Owners Maximize Their ROI With Jim Monk

About Jim :

Jim Monk is the President of CLOZZITS. CLOZZITS has developed a program to increase rents 3%-5% while improving the Net Operating Income (NOI) and Asset Value. All without multifamily owners laying out much capital. His goal is to differentiate beyond the normal amenities and tap into a new area of construction development, renovations, and property management.

A conversation with Jim Monk is the opportunity to hear the stories and experiences he’s picked up as a business owner navigating the multifamily industry.

Jim expertly discusses what led to this passion, supporting information and why companies like Katerra, Harbor Group, MMA, and Pinnacle are seeing space optimization as a game-changer in turns, make-readies, and new construction.

Creating more space for residence is more of an issue than most owners think, and Jim is changing how investors, owners, and managers look at the closet, which can provide an immediate rent increase.

On Today’s Show Jim Discusses

  • How the concept of Clozzits came about
  • Working with Multifamily Units
  • Approaching Landlords
  • Trends That Jim looks for
  • What’s next for Clozzits
  • And much more…

Podcasts Jim Recommends

  • Reid Hoffman- Masters of scale
  • The Hustle & Shaan Puri- My first million

Books Jim Recommends

  • Blitzscaling- Chris Yeh and Reid Hoffman
  • Traction- Gabriel Weinberg and Justin Mares

Links from the Podcast

Thank you Jim for being on Peer 2 Peer Real Estate Podcast

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Keep the momentum going, Good things will happen.

Thank you and Stay safe.

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