MB309: How to LAUNCH a Syndication Business – With Jonathan & Paula Nichols

<p><span style="font-weight: 400;">In aerospace engineering, ‘escape velocity’ is the amount of power a rocket needs to break free of the Earth’s gravitational field. And if you ask Jonathan and Paula Nichols, launching a real estate syndication business is no different.</span></p> <p><span style="font-weight: 400;">It takes a tremendous amount of effort up front to do your first deal. You have to commit to the outcome and do whatever it takes to persevere through setbacks and disappointment. But once you’ve picked up momentum and closed on your first apartment building, the next deals follow in quick, almost automatic succession.</span></p> <p><span style="font-weight: 400;">Jonathan and Paula are the cofounders of</span> <a href="https://www.apogeemfc.com/" target= "_blank" rel="noopener"><span style="font-weight: 400;">Apogee Capital</span></a><span style="font-weight: 400;">, a multifamily firm dedicated to helping investors reach their financial potential. The Nichols closed on three deals in the last year, raising $2.7M as they built a portfolio of 200 units, and Jonathan quit his job as an aerospace engineer six weeks ago to pursue real estate full time.</span></p> <p><span style="font-weight: 400;">On this episode of Financial Freedom with Real Estate Investing, Jonathan and Paula join cohost Garrett Lynch and me to discuss the sacrifices they made to make time for real estate while they both worked full-time corporate jobs.</span></p> <p><span style="font-weight: 400;">Jonathan and Paula walk us through the steps they took to get started in multifamily syndication, describing how they got on the same page as a couple and started networking with potential partners.</span></p> <p><span style="font-weight: 400;">Listen in for insight on reframing a lost deal as a learning opportunity and learn how to stay the course in tough times and keep taking action—until YOUR investing business takes off!</span></p> <h3>Key Takeaways<span style="font-weight: 400;"> </span></h3> <p><span style="font-weight: 400;">How Jo