About Working Theory Investments
Glenn and Kara Clapp formed Working Theory, LLC in 2016 to invest in real estate. We chose the name to reflect our background in science and engineering, and with the definition:
"The primary function of this theory is to explain important elements in the process of securing decent work— [...] and describe how performing decent work leads to [...] satisfaction, work fulfillment, and wellbeing" -- The Psychology of Working Theory, Journal of Counseling Psychology © 2016 American Psychological Association 2016, Vol. 63, No. 2, 127–148
We felt like the definition summed up our why for this endeavor and our desired outcome while setting us apart from the more common names for real estate-focused entities.
We are excited to share our journey and help like-minded STEM professionals achieve their financial freedom goals.
Management
Glenn Clapp
Managing Partner
Glenn has 40 years of experience in the technology industry as a software engineer and manager. His industry experience ranges from video games to flight simulators to home automation and control.
Glenn began his real estate journey in 2012 when he and Kara took advantage of lower prices to move to a home suitable for home automation. At this market low, we chose not to sell our old house but to make it a rental. After Glenn read Rich Dad/Poor Dad, we refinanced the old home to buy a 4-plex; we sold it to buy two more single-family rentals.
The snowball began to roll and grew to three more single-family rentals in other parts of the country and multifamily investments in three apartment buildings in Texas and Florida. These have grown to more multifamily assets in Texas. Kara and I have found the power and scale of this investment and have dedicated our investing trajectory to helping others achieve their dreams and goals.
Education
- The University of Utah, Bachelor of Science, Computer Science 1990
- Brad Sumrok Personal Mentoring, 2021-Present
- David Monroe Strategic Partnerships, 2022 - Present
Kara Clapp
Managing Partner
Fifteen years as an RN in clinical and management roles, including budgeting. Twenty-five years as a Clinical Nurse Specialist or self-employed Nurse Practitioner in health program design, service implementation, and outcome measurement. Kara's Ph.D. research skills apply to database analysis and community surveys for Market Survey mastery of targeted markets and submarkets.
Education
- Wright State University, MS, Community Health Clinical Nurse Specialist, 1995
- University of Utah, Ph.D., Nursing Research, 2005
- University of Utah, MS, Family Nurse Practitioner 2006
- Brad Sumrok Personal Mentoring, 2021-Present
About Us
Our Values
Our values drive our vision and every decision and every action.
- Faith - Our faith in Christ as we live for Him ensures we think and act as He would expect.
- Transparency - Good news is always easy to share, but sometimes the information is not always good. We hide nothing from our investors, and our investors may reach us at any time.
- Ownership - We own our responsibilities and our relationships
- Teamwork - We are part of a team and value teamwork to accomplish our goals. Whether passively investing or actively investing, we are all One Team.
- Customer Obsession - Our investors and our residents are our customers. We obsess over our customers and all we do must reflect our obsession and our core values.
Our Vision
Our values drive our vision. Our vision is to provide the best-in-class affordable housing for the target market, whether workforce housing or luxury, we help create communities our residents love. Those who choose us for their home are our customers. We take care of our employees, so our employees take care of our customers. By having this customer focus, we enhance our competitive edge and improve the returns to our investors.
Our Strategy
We buy "B," and "C" class stabilized properties with strong fundamentals. We focus on high job and wage growth markets and submarkets with low crime in desirable locations near churches and good schools with opportunity to improve the property, increase revenue, and reduce expenses.
We then add value that our customers desire. Value may be a pet exercise area, washers and dryers or hookups, or Internet. We update the units to match modern trends and desires.
We reduce consumption and expenses by addressing opportunities to reduce our energy footprint through water and energy conservation.
We address any outstanding maintenance and safety issues and update the exerior.
It doesn't end there. We are always watching for ways to improve our relationships with our residents, be more responsive, and be the most desirable property in the area.
Contact Us
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