- Before the age of 30 and within his first three years in real estate, Jim was listed in the Wall Street Journal as one of the top 100 agents in the US.
- Co-founders Yizhen and Jim both loved the idea of breaking the properties into fractional shares so that all people can access the best real estate investing opportunities.
- As a successful real estate agent with 15 years in the game, Jim knows what to look for when purchasing investment properties and feels comfortable advising on what’s best.
Who is Jim Holt?
Born in Indiana, Jim Holt was surrounded by housing as his father worked in residential construction. Every weekend, he and his father would visit open houses, instilling him with a love for interior design, architecture, and ultimately, real estate.
Jim went to Stanford University for his undergraduate degree and graduated in 2003 with a degree in mathematics and computational science. This background assists him in researching properties, locations and markets to find the best investment. He started doing real estate in 2006 with Caldwell Banking. Within his first three years working in real estate, Jim was listed in the Wall Street Journal as one of the top 100 agents in the country. Later, he helped Redfin grow from a company with 30 employees to over 400. He then founded Elevate Group, his highly ranked real estate agency. His experience in business and real estate makes Jim a pillar of safety for Ark7.
The Beginnings of Ark7
Jim first met Yizhen Zhao, CEO of Ark7, as a client around 2009 when he helped Yizhen and his family purchase a home. Through the process, Yizhen expressed his frustration with the difficulties of real estate investment, which later fostered itself into the budding idea of Ark7.
Two years ago, Yizhen and Jim met to discuss property investing and the roadblocks to making the best investments. Initially, their plan was to help Yizhen get involved in property investments, but it soon transformed into the creation of Ark7. Jim guided Yizhen on property investing details and toward multi-family properties, as these tend to have higher return rates.
Jim noticed that many of his clients also had numerous questions about property investing and understood that prices could make real estate investments not feasible for many. Yizhen and Jim both loved the idea of breaking the properties into fractional shares so that all people can access the best real estate investing opportunities.
“It’s an industry that’s dominated either by investment firms or people that have a large amount of money that are established as investors,” Jim said. “As we talked through the whole possibility of Ark7, I think that the main starting point was creating a platform that made it alot more accessible for everyday people that want to invest.”
What Jim thinks is so exciting about Ark7
Jim is looking forward to expanding Ark7’s property markets throughout the country and hopefully globally to find the best and most attractive markets. He’s proud of the growth so far, as Ark7 started in the Bay Area and expanded to Seattle and Austin already.
Additionally, Jim likes the idea of investors having control over their own finances and choices in investing. Ark7 is developing a platform for investors to liquidate. He likened the platform to eTrade when it first began and gave investors the freedom to buy and sell as they like.
“I feel like this will really empower investors to make some of their own decisions,”
How Jim evaluates the properties
As a successful real estate agent with 15 years in the game, Jim knows what to look for when purchasing investment properties and feels comfortable advising on what’s best. He focuses on good, short-term initial returns, good appreciation and makes sure the Ark7 properties are in hot markets with long-term potential for growth. Of course, he then begins inspections and covers all the bases for property management and repairs. With income coming in monthly from rental dividends and the hope of future growth in property markets, real estate is just waiting for you to get involved.