21 | Top 3 Tips to Grow Your Real Estate Business with Jonathan & Paula Nichols

Jonathan and Paula Nichols are husband and wife. Together, they co-founded Apogee Capital a multifamily real estate investing firm where they syndicate apartments in Texas and Oklahoma. Jonathan is a real estate investor local to the DFW metroplex. He began his REI career after having worked for six years in the aerospace engineering industry as a propulsion engineer where he analyzes and integrates turboshaft engines on helicopter platforms. He holds a B.S. degree and an M.S. degree in Aerospace Engineering from Texas A&M and Virginia Polytechnic Institute respectively. Paula is a real estate professional with experience in project management, investment analysis, and contract negotiation. She began her career as a management consultant where she worked on multiple projects with clients in the banking and utility sectors.

Let’s tune in to their story!

[00:01 - 05:38] Opening Segment

Welcome to the podcast!
Get to know our guests Jonathan & Paula Nichols
- Bio
- Paula and Jonathan share their real estate career journeys

[05:39 - 18:20] Top 3 Tips to Grow Your Real Estate Business

Paula talks about the concept and practice of build to rent
Starting along with multifamily
Jonathan shares how he grew in real estate with the help of a mentor
- The Top 3 Things Jonathan and Paula learned from their mentor
Who is Apogee Capital? What do they do?

[18:21 - 28:36] The Legacy Round

A 75-Unit in a unique townhome-style community in Texas
Lessons learned from the 75-unit deal
- Broker relationships
- Good deal, good price
- Adding value comes in many flavors
The Ultimate Question: Where is your market now?
Why Location Matters

[28:37 - 38:05] Slice of Knowledge

Jonathan & Paula’s Last Words
- “I’m going home.”
One Slice of Wisdom
- “It’s a team sport. This is not an individual kind of race.”
- “Taking action.”

Real Estate Multifamily Vocabulary
- Net Operating Income
- Internal Rate of Return
- Management

Books and Masterminds to Try
- Multi-Family Millions by David Lindahl
- Find who and what you can relate to
Final words
Connect with our guests, Jonathan & Paula in the links below

Resources Mentioned

Financial Freedom with Real Estate Investing by Michael Blank

Tweetable Quotes

“Our reputation with our corporate jobs, as well as just who we are, as people, opened the door to raise over $2.7 million last year. ” - Paula Nichols

“Adding value comes in more than one flavor.” - Jonathan Nichols

“Assessing everything that you can add value with is so important when you're analyzing multifamily deals.” - Jonathan Nichols

------------------------------------------------------------------------

Connect with Jonathan and Paula on LinkedIn! Or you can check out Apogee Capital and reach your fullest financial potential as you passively invest in multifamily apartments syndications.

Thanks for listening to Multifamily by the Slice!

If you liked our show, please LEAVE A 5-STAR REVIEW, like, and subscribe!

CONNECT WITH US:

Ike Ekeh