Upon reaching his 30s and unhappy with the financial and lifestyle trajectory his career path would provide, Jonathan began investing in real estate with almost no money to his name.
Using creative strategies and a fierce work ethic, he began flipping houses on nights, weekends, and school breaks. As Jonathan began to see success with house flipping, he used the capital from flipping to begin builing a portfolio of small multifamily properties. Now enjoying the financial benefits of house flipping combined with the lifestyle benefits of passive rental income, Jonathan was able to quit teaching to pursue real estate on a full-time basis.
While flipping houses became more competitive, deal-intensive, and labor-challenged, combined with small multi-family becoming increasingly management-intensive, Jonathan made the decision to pivot his focus to larger, non-residential commercial properties. Because Jonathan’s value-add approach built so much equity with his smaller properties, he was able to transition many of his small assets into larger, more passive commercial properties.
Having a strategy largely focused on NNN industrial properties, Jonathan is now able to spend less time actively working on real estate while making the same or even more money than before. The management and capital expense requirements of industrial properties are often extremely minimal, allowing Jonathan to design his lifestyle in a way that brings him the most amount of joy and satisfaction.
Because real estate only requires 5-10 hours of work per week, it allows Jonathan to contribute to the community and causes he cares about. Jonathan enjoys serving as a youth ski instructor for Steamboat Winter Sports Club, youth soccer and t-ball coach, driving for Meals on Wheels, serving as a Planning Commissioner, volunteering at his daughter’s school as well as serving on the Montessori school board.
When he’s not working or volunteering, Jonathan enjoys spending time in his mountain home with his wife and two daughters. Together, the family enjoys hiking, swimming, biking, and rock climbing. Jonathan also enjoys ultra-running in the mountains, swimming, skiing, and traveling.
