Join Mike Cavaggioni with Jonathan New on the 188th episode of the Average Joe Finances Podcast. Jonathan shares about accomplishing big goals through teamwork, scaling up from single-family to $100m+ AUM of multi-family, and life balance/stress management.
In this episode, you’ll learn:
• Finding your work-life balance while investing in multi-family
• Technicalities of Property management, in-house and out
• How to determine the perfect roles for each team member
• How to find the right deal for your business
• And so much more!
About Jonathan New:
Jonathan, originally from Anniston, AL, graduated from Auburn University in 2004 with a degree in Psychology and received his commission as an Ensign in the US Navy. During his 17 years of Naval service, he also earned his Master of Science in Defense Analysis from the Naval Postgraduate School in Monterey, CA.
During his Navy career, he has had the privilege to lead a department of 226 Sailors while managing an annual budget of $6.5M. In 2007, Jonathan bought his first house while stationed in Jacksonville, FL. He rented this house while stationed in Japan, Hawaii, San Diego, Monterey, Rhode Island, Washington DC, and Virginia.
20.06M of investor capital to actively acquire real estate in the Hampton Roads, VA area, accomplishing 13 single family flips, developing 21 single family rentals, closing seven multi-family syndications of 396 units total, including a 104-unit acquisition with Phil Capron, and overseeing $8.43M in renovations in both residential and commercial real estate.
As of March 2022, Jonathan’s total portfolio accounts for $61.8M AUM.
Jonathan is a two-time guest on Anthony Pinto’s “The Lessons in Real Estate Show,” Active Duty Passive Income’s podcast, a founding member of Alex Breshear’s Private Lending Lessons Group, a frequent presenter in ThInk’s local investor meetups, and is a mentor to several budding entrepreneurs estate, he has added 8 commercial cash-flowing properties to his portfolio.
Find Jonathan on:
Website: www.fwcinvestments.com
Facebook: https://www.facebook.com/FWCInvestments/
Instagram: https://www.instagram.com/fwcinvestments/
Youtube: https://www.youtube.com/channel/UC3HcDQEEuKsS6GsibsinDDA
LinkedIn:
https://www.linkedin.com/company/fair-winds-capital-investments/ https://www.linkedin.com/in/jonathan-new-6800471b5/
Average Joe Finances®
All of our social media links and more: https://averagejoefinances.com/links
About Mike: https://themikecav.com
REWBCON: Join me at the Real Estate Wealth Builders Conference. Use promo code “Mike” to save 10% on tickets. https://averagejoefinances.com/rewbcon
Important Tools and Resources that I Use
Financial Resources: www.averagejoefinances.com/resources
CRM Tool: www.averagejoefinances.com/crm
Pay Off Your Mortgage in 5-7 Years:
www.theshredmethod.com/averagejoefinances
https://bit.ly/replaceyourmortgage
Find a REALTOR® in any state: www.averagejoefinances.com/realtor
Make Real Estate Investing Easier with DealMachine:
www.averagejoefinances.com/dealmachine
Podcast Hosting: www.averagejoefinances.com/buzzsprout
Podcast Editing Services: www.editpods.com
*DISCLAIMER* www.averagejoefinances.com/disclaimer
See our full episode transcripts here: www.averagejoefinancespod.com/episodes
Support the Show. (https://www.buymeacoffee.com/avgjoefinances)
