From Aerospace to Apogee: How Jonathan Nichols Engineered His Multifamily Success
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In this episode of First, Worst, Best & Next, host Brad Weaver sits down with Jonathan Nichols—CEO of Apogee Capital, aerospace engineer turned full-time real estate investor.
Jonathan shares his transition from side-hustling real estate with his wife into full-scale multifamily syndication. From a fourplex house hack near AT&T Stadium to a 75-unit off-market home run with zero CapEx and 100% occupancy, Jonathan walks us through the highs, the lows, and what’s coming next.
If you're curious about scaling smart, investing in tertiary markets, or finding deals without over-renovating, this one's for you.
Key Topics:
Why house hacking a fourplex (in a not-so-comfy neighborhood) was the best uncomfortable decision
Turning a negative cash-flow rental into a profitable short-term rental business
His “worst deal” and what it taught him about vetting tenants (spoiler: it ends with changing locks at 1AM)
The importance of operational improvements over major renovations
How trust and broker relationships lead to off-market opportunities
Why Apogee is pivoting back to DFW in 2025—and what makes now a smart time to buy
Memorable Quotes:
“Relationships open doors—and trust closes deals.”
“You can make money on a property without swinging a single hammer.”
“The deal of a lifetime comes around every few months—if you’re prepared.”
Connect with Jonathan:
🔗 Website & Masterclass
Connect with Brad:
🔗 Risk Strategies on LinkedIn
📱 Brad’s Cell: (845) 779-2044
6 episodes