Marblestone Property Group (MPG) is a testament to the power of resilience, vision, and community-driven entrepreneurship. Founded by Jared Kott, MPG has transformed from an interest in ”getting into real estate” into a leading property management company on Chicago’s South Side.
From Corporate Life to Rental Property Management
Jared Kott’s professional journey began in the corporate sector, where he held a stable job in downtown Chicago. However, the confines of corporate life left him unfulfilled. A turning point came when he was fired, an event that, while initially distressing, opened the door to new opportunities. Embracing change, Jared saw this as an opportunity to do something he’d thought about for a long time: venture into real estate.
In 2013, Jared purchased his first property—a $25,000 two-flat building on Chicago’s South Side. This investment began his hands-on experience in property management and real estate investment. Recognizing the potential to provide quality housing and revitalize communities, Jared immersed himself in the industry, learning the intricacies of property management and tenant relations. And he made a few mistakes along the way, but he learned from those mistakes and kept growing.
The Birth of Marblestone Property Group
As Jared’s experience and property portfolio grew, so did the demand for his expertise. Friends and acquaintances sought his guidance in managing their properties, finally (and reluctantly) leading Jared to formalize his operations.
Marblestone Property Group was born. Jared founded the organization to offer professional property management services, prioritizing property owners and tenants.
Marblestone has built a reputation for reliability and responsiveness by focusing on its core values. Today, MPG continues Jared’s commitment to improving the South Side neighborhoods by providing safe, affordable housing and fostering community development.
Embracing Innovation and Financial Inclusion
Recently, MPG adopted Bitcoin as part of its business model. Jared has done extensive research into cryptocurrency and blockchain technology. This led him to believe in Bitcoin’s potential to promote financial inclusion. By accepting Bitcoin for rent payments and other transactions, MPG aims to offer more flexible and accessible financial options for clients and tenants alike.
Looking Ahead
Marblestone Property Group continues to expand its reach and impact. Jared aims to grow Marblestone to manage more than 400 units and collect more than $4 million in rent annually.
But no matter how big Marblestone becomes, Jared said they will always focus on providing exceptional property management services, embracing innovation, and contributing positively to the communities it serves.
Are you interested in learning more about Marblestone Property Group or exploring property management services? Contact us today or book a 30-minute call.