Paul Kraaijvanger is an experienced San Francisco-based Real Estate Developer and Property Manager and founder of Real Equity Group One LLC. Paul got his start in San Francisco in 2008, just as the United States was entering one of the deepest recessions in modern history – caused ironically by an overinflated national real estate market. Real Equity Group One LLC has focused primarily on the rehabilitation and repositioning of multi-unit properties and single family homes. Looking towards 2017, Real Equity Group One LLC is also pursuing new construction projects.
Real Estate Requires:
Originally from the Netherlands, Paul Kraaijvanger came to the United States in 1981 with Real Estate in his blood. His grandfather was a well-known Dutch architect whose firm was asked to help rebuilt Rotterdam after the devastation of Word War II. Other uncles followed in his path and the firm continues to design unique buildings to this day.
The real estate market is an imperfect market, which means that some properties sell below market value and some sell above market value. Find the right deals means looking at 100, to establish a sense of value and spotting an opportunity. It also requires local knowledge, due diligence and crunching the numbers. Additional coursework in real estate valuation Berkeley extension helped hone those skills.
Passion For Real Estate
On Paul’s first project, he was fortunate to meet an incredible General Contractor that has continued to work on all of Real Equity Group’s projects going forward. Paul Kraaijvanger approaches each project as its own startup and mini-business. A typical project lasts around two years and encompasses a wide range of challenges. From the acquisition of the project, drafting the plans, and obtaining the necessary permits to securing the financing, picking the finishes to finally exiting from the project with the right brokerage firm – each project runs a full business life cycle.
San Francisco is currently one of the most expensive cities in the USA and affordability is at an all-time low. Upgrading older housing stock with modern amenities and adding additional units (converting garages and basement space to residential units) is one way in which Real Equity Group One LLC is making a difference in this difficult environment.
A graduate of Tufts University, Paul Kraaijvanger holds a Bachelor’s degree in Economics and International Relations. Several years later, Paul went on to attend Thunderbird School of Global Management, earning his Master’s Degree in Business Administration. Outside of his professional endeavors, Paul is passionate about a wide range of causes, including the Vital Voices organization which invests in women leaders who improve the world.