From Aerospace to Apogee: How Jonathan Nichols Engineered His Multifamily Success

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 on LinkedIn

📅 Book an Intro Call

📱 Brad’s Cell: [phone]