Cork and Rick Clark grew up in Reno, Nevada watching their father build and invest in real estate. They felt very fortunate to not only enjoy the direct benefits but also for the opportunity to learn about real estate investing.
"He paved the way and showed us the financial rewards," Rick shares, "Pops taught us the importance of a strong work ethic. If you want to be successful, you need to be on the job everyday."
The Clark family motto if we are going to reach a particular goal, you MUST be consistent by being on the job and working diligently everyday got the brothers through the 2008 crash, and lead their property management company into record-breaking growth and momentum.
Cork and Rick have used their knowledge of real estate and expertise in construction along with their unwillingness to sit still to build Clark Real Estate to over 700+ doors (households) under management.
Their favorite part of managing properties and real estate investments is that every day is different, every project is different, every house is different. They get to problem-solve every day--either from the office or out at a construction site. Their father and uncle, now in their 80s, modeled how to successfully work as brothers, and they have enjoyed working as a team. "Knowing somebody's got my back and that we have the same goals is the best part about working with my brother," Cork says. Rick is the second of seven children, and Cork is the younger brother as the fifth child.
The Clark brothers got started in real estate investing and property management by way of the construction industry. They had been in the construction industry since they were teenagers. With the construction experience "we could visualize firsthand all the possibilities," Rick says.
"We would look for the biggest problem property in a neighborhood," remembers Rick, "we would make offers on properties that weren't for sale." It wasn't long and the brothers had a handful of renovated properties that now needed to be managed. They started a property management company and took on leasing and maintenance for other real estate investors.
"No one knows the community better than we do. We're lifers," Rick smiles.
"We're hands on. We've started from the ground up. There are very few aspects of the real estate and investing game that we have not experienced first-hand," adds Cork.
Clark Real Estate brings drive and enthusiasm to folks looking to invest in the Reno area. Would you like to see their Map for building your real estate investment portfolio?
Clark Real Estate, Investments and Property Management offers a few fun tips for reaching your health, wealth and happiness goals for the New Year by making a few adjustments with your home!
1. Clear the Distractions: Have you ever noticed you get a boost of creativity or physical energy when you go on vacation? What if it's not because of the long day at the beach, but because of the clutter-free hotel room? The beds are made, the floor is clean, none of the usual paperwork is laying around. You're free to think and move about! When you make plans, you can go do it--without tripping over your kid's homework or frantically searching the house for something to wear.
What if your home always functioned this way?
Start with one distracting room or closet, and rethink it like you're going on vacation: If I was going on a 30 day trip, which items would I need to take with me? Pull those few items, and then move the rest. You can experiment by packing unnecessary items in your suitcase or in a distant closet or the garage to see if life is more enjoyable without the clutter. Or just move the items out of your every day line of sight. If you're feeling extremely bold and are ready for a complete change in your life, donate items to a Shelter or Thrift Store.
Continue to go through each room of your home each week or month. The more you clear, the easier it will be--as you'll start to feel the positive effects of a distraction-free home.
2. Live in your Investment: Robert Kiyosaki (Author of Rich Dad, Poor Dad) talks about how your home is a liability, because you're spending more on it than you're making from it. Many Americans assume that because their home may be increasing in value, it's automatically a good investment. Unfortunately, the math doesn't quite work that way! The Reno area is in an exciting growth period, and those who have invested in rental properties are going to be reaching those Wealth Resolutions sooner rather than later.
You can turn your home into an investment by finding a way to make money from it. Hrmm, how? If you own your home, you're free to rent out a room, or even your garage as a storage space. Tools like AirBnB allow everyday homeowners to make some extra income from their empty guest room or den.
If you're not comfortable with sharing your space, let's schedule a consultation to review the possibilities of purchasing your own income-generating property.
If you're renting the home you live in, there may be ways to generate income from it, as well. Please be sure to run any ideas by our office to ensure it is in compliance with your lease agreement!
Please feel free to call us when you're debating remodeling projects; we can help determine which projects will return the most value down the road if you choose to sell or rent out your home.
3. Tune In: Take a day to just observe your thoughts and feelings when you wake up, walk through your home, leave the driveway, and return. What parts of your home made you smile? What was frustrating? What can you fix, and what can you let go of? When our homes are in disrepair for extended periods of time, it can negatively affect our day, and wreak havoc on the property. Is there a strange smell in the cupboard? A crack in the wall? A dim light bulb? Let's get those things addressed right away! If you're just feeling resentment toward your home, it might not be a maintenance issue, it might be time to upgrade!
We are here to connect the right tenants with the right properties, and the right investors with the right investment properties. If you are feeling unsatisfied with your home, let's talk! We have a growing inventory of options just for you!
Gratitude is the first thing we like to decorate our homes with during the holiday season. The simple act of reviewing what we're thankful for is the fastest and easiest way to make your space brighter. Here is a list to get you started:
I am thankful for
-the roof over my head
-a place to eat
-a place to sleep
-a place to put my things
-a place to connect with family and friends
And what else?
What are the special features of your home that make it unique? What furnishings and appliances make your life easier? What decor makes you feel special and luxurious?
Take a walk through your home reviewing each and every thing that you're thankful for.
Are you finding that you're frustrated, and can't find anything good about your home?
That's where we come in! We've found that the best place to start if you're frustrated with your home is to list off what you WANT your home to FEEL like.
When you walk in and kick off your shoes, do you want to feel relaxed or energized? Warm or cool? When you wake up in the morning do you want to see the sun shining through, or do you want those extra hours of sleep in a darkened room?
Let's review your wishlist so we can get you into a home that fits! Whether you want to rent or buy, Clark Real Estate wants you to be thankful for your home--and we'll work hard to make it happen!
Clark Real Estate offers Sparks and Reno property management services for landlords and homeowners out of state and out of town. Maximize your investment dollars by investing in Reno/Sparks! Keep enjoying the Southern California lifestyle, while we take care of your money-maker in Northern Nevada!
When I bought my first home in Sparks, NV, I didn't realize I would be moving to Southern California.
In the first quarter of 2014, Clark Real Estate and Investments exceeded its 400 rental unit mark. Brothers Cork and Rick are excited to continue the legacy, now third generation owners. A powerful team has been working to fill rentals, find new houses, and assist investors in the purchasing process. The Clark Real Estate team is shooting to reach 500 units by 2015.
Reno, NV, May 27, 2014 --(PR.com)-- In the first quarter of 2014, Clark Real Estate and Investments of Reno, NV exceeded its 400 rental unit mark. The company manages over 400 properties with a record low vacancy rate.
Brothers Cork and Rick Clark are excited to continue the legacy of real estate investment and property management, now third generation owners. The brothers have been helping with the family business since they were kids, working during the summer.
"Growing up within a family of real estate investors, contractors and plumbers, has given me a very diversified and complete understanding of what our clients expect," says Cork. The company focuses on building trust with both their tenants and landlords. “The philosophy is simple: we treat each unit as if it were our own,” notes Kristin Gandolfo, property manager.
The Reno/Sparks real estate market was hit hard in the recession, but with an excessive inventory of properties and an influx of tenants (ex-homeowners) the rental market is growing faster than ever. According to the US Census, 52.3% of Reno residents are renting their homes.
A powerful team at Clark Real Estate has been working to fill rentals, find new houses, and assist investors in the purchasing process.
The Clark Real Estate team is shooting to reach 500 units by 2015.
"Honestly, at this point, we just need more units because we don't want to turn away any quality tenants," Rick explains.
The team works aggressively with tenants to find the right home, or with owners to find the right tenant. “Just tell me what kind of place you want, and I’ll go find it for you,” says Isaac Conde, property manager. Conde looks beyond the current inventory at Clark Real Estate, confident that he can turn the property of a tenant’s choosing into an addition to the Clark collection.
With a proven track-record Clark Real Estate and Investments is confident that they will continue to hit their inventory milestones.
Clark Real Estate
305 W. Moana Ste C
Reno, NV 89509