JF2953: Why It Takes Courage to Raise Capital ft. Jonathan Tonks

<p>Jonathan Tonks’s background is in the automotive industry. He began his studies as a mechanical engineer with the goal of following in his family’s footsteps. However, after purchasing and house hacking his first duplex, Jonathan was immediately hooked on real estate. He decided to pursue his passion through mentorship and coaching and quickly found himself on the route to commercial real estate syndications. </p> <p> </p> <p>Today, Jonathan is the managing partner at Provision Space, which specializes in multifamily syndications and raising capital. He also works full-time as a continuous improvement engineer at Magna International.</p> <p> </p> <p>In this episode, he shares his biggest learning curve as a sponsor, the most valuable skill he’s developed as an apartment syndicator, and how he approaches and builds relationships with potential investors. </p> <p> </p> <h2><strong>Jonathan Tonks | Real Estate Background</strong></h2> <ul> <li aria-level="1">Managing partner at Provision Space, which specializes in multifamily syndications and raising capital.</li> <li aria-level="1">Portfolio: GP of 297 units</li> <li aria-level="1">Works full-time as a continuous improvement engineer at Magna International.</li> <li aria-level="1">Based in: Holland, MI</li> <li aria-level="1">Say hi to him at:</li> <ul> <li aria-level="2"><a href="http://www.provisionspace.com/" target= "_blank" rel="noopener">provisionspace.com</a></li> <li aria-level="2"><a href= "http://www.facebook.com/jonathan.tonks.92" target="_blank" rel= "noopener">Facebook</a></li> <li aria-level="2"><a href= "http://www.linkedin.com/in/jonathan-tonks-14b329150" target= "_blank" rel="noopener">LinkedIn</a></li> </ul> <li aria-level="1">Best Ever Book: <a href= "https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151" target="_blank" rel="noopener"><em>Who Not How</em> <span style= "color: #1155cc; text-decoration: underline;">by Dan Sullivan & Benjamin Hardy</span></a></li> <li aria-level="1">Greatest Lesson: Ask and you shall rece