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Join Taylor Loht and Jonathan Nichols to explore transitioning from a traditional career to full-time real estate investing. Jonathan, an aerospace engineer, shares his inspiring story of leaving the corporate world to take a risk on himself and pursue his passion. Listen as they discuss the differences between active and passive investments and the thought process behind Jonathan's decision to focus on active investing over passive. Learn what motivated Jonathan to invest in a fourplex house hack before scaling his investments into short-term rentals and how he built business systems that allowed for growth without losing sight of his long-term goals. This conversation provides insight into the mindset of a successful real estate investor, touches on the risks and rewards associated with taking professional risks in one's twenties, and offers helpful advice for anyone looking to make a similar transition.\n\n[00:01 - 08:08] Opening Segment\nJonathan started as a busy professional and engineer investing in one fourplex\nThe thought processes and mindset differences between active and passive real estate investing.\nJonathan's story provides insight into his journey to becoming a full-time active real estate investor, the mindsets, principles, and processes employed to get there\n\xa0\n[08:09 - 13:55] Pros, Cons, and Challenges of Active Real Estate Investing\nMulti-family syndications involve pooling a group of investors together to purchase a large multi-family complex\nThere are two classes of shares: general partnership shares (active) and limited partners (passive)\nBeing an active investor involves significant risk, effort, and stress\nPassive investing allows individuals to participate in the benefits of real estate investing without as much risk and effort\n\xa0\n[13:56 - 24:04] Taking Risks and Building Systems: A Look at How Age Factors Into Risk Tolerance and Business Growth\nRisk tolerance changes with age and life circumstances\nThe importance of weighing the cost-benefit analysis of investments\nPivoting from short-term rentals to more significant multi-family investments\nBuilding business systems is an investment that requires mental fortitude\nFocusing on the next step ahead to achieve long-term goals\nThe corporate world limited potential rewards for hard work\n\xa0\n[24:05 - 30:08] Closing Segment\nBest investment: first multi-family property in Tulsa, Oklahoma\nWorst investment: a passive investment with poor sponsorship team\nMost important lesson: don't set limiting beliefs for yourself and write down goals to make them real\n\nConnect with Jonathan:\nLinkedIn: https://www.linkedin.com/in/jonathan-nichols45/\nWebsite: www.apogeemfc.com\n\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your terms.\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.\n\nQuotes:\n\xa0\n"Passive investing gives individuals an opportunity to participate in most of the benefits of real estate investing without as much risk and as much effort." - Jonathan Nichols\n\xa0\n"It's out of the desire to help my passive investors. It's out of the desire to be successful in what I've promised to my passive investors." - Jonathan Nichols\n\xa0\n"Don't set limiting beliefs for yourself." - Jonathan Nichols