JF2953: Why It Takes Courage to Raise Capital ft. Jonathan Tonks

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 5 October 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jonathan Tonks’s background is in the automotive industry. He began his studies as a mechanical engineer with the goal of following in his family’s footsteps. However, after purchasing and house hacking his first duplex, Jonathan was immediately hooked on real estate. He decided to pursue his passion through mentorship and coaching and quickly found himself on the route to commercial real estate syndications. Today, Jonathan is the managing partner at Provision Space, which specializes in multifamily syndications and raising capital. He also works full-time as a continuous improvement engineer at Magna International. In this episode, he shares his biggest learning curve as a sponsor, the most valuable skill he’s developed as an apartment syndicator, and how he approaches and builds relationships with potential investors. Jonathan Tonks | Real Estate Background Managing partner at Provision Space, which specializes in multifamily syndications and raising capital. Portfolio: GP of 297 units Works full-time as a continuous improvement engineer at Magna International. Based in: Holland, MI Say hi to him at: provisionspace.com Facebook LinkedIn Best Ever Book: Who Not How by Dan Sullivan & Benjamin Hardy Greatest Lesson: Ask and you shall receive. There have been so many lessons wrapped around this concept, but this is the greatest one I've learned. Join the newsletter for the expert tips & investing content. Sign up to be a guest on the show. FREE eBook: The Ultimate Guide to Multifamily Deals & Investing Register for this year's Best Ever Conference in Salt Lake City Stay in touch with us! www.bestevercre.com YouTube Facebook LinkedIn Instagram Click here to know more about our sponsors: PassiveInvesting.com | DLP Capital |Reliant Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
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1:00.6	Prom best ever to get $100 off your ticket.
1:05.0	Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.
1:18.0	For more information go to best ever show.com.
1:22.0	Just asking the other school opportunity,
1:24.7	asking for assistance or whatever it is,
1:28.4	just being open and willing to ask me
1:30.3	what the full expectation of it makes it happen.
1:33.0	Welcome to the best ever show,
1:35.0	the world's longest running daily commercial real estate podcast.
1:38.0	Our hosts interview commercial real estate experts every day
1:42.0	to get you the best advice ever with none of the fluffy stuff.
1:45.6	Best ever listeners. Welcome to the best real estate and best thing advice ever show.
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