Handling Marriage + Money as a Married Couple | Real Estate Investing

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.

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.

Jonathan and Paula are the cofounders of Apogee Capital, 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.

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.

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.

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!

Key Takeaways 

How Jonathan and Paula got into real estate

How real estate evolved into a business for the Nichols

How Jonathan and Paula got on the same page

The steps Jonathan and Paula took to get started investing

  1. Dreaming about financial freedom
  2. Getting educated (mentorship program)
  3. Networking to shift mindset
  4. Taking consistent action to build confidence

How Jonathan and Paula made time for real estate

Jonathan and Paula’s first multifamily deal

How Jonathan and Paula met their partners

Jonathan and Paula’s big setback 5 months ago

How Jonathan and Paula raised $700K for their first deal

What’s ahead for Jonathan and Paula in the next 2 years

Jonathan and Paula’s plan to scale

Jonathan and Paula’s advice for aspiring investors

Connect with Jonathan & Paula Nichols

Apogee Capital 

Jonathan on LinkedIn

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How to Build Your Network as a Young Investor

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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki

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