First, Worst, Best, & Next
Podcast Description
First, Worst, Best, and Next Podcast is the ultimate real estate investing podcast where top investors share their most eye-opening deals—their first investment, their worst failure, their biggest success, and what’s next on their horizon. Hosted by industry experts, this show uncovers hard-earned lessons from seasoned professionals, giving listeners a front-row seat to the strategies, missteps, and triumphs that shaped their careers.
Whether you’re an experienced investor or just starting out, you’ll gain invaluable insights into multifamily and apartment investing, along with other asset classes. Learn what works, what doesn’t, and how to scale your portfolio by avoiding costly mistakes and capitalizing on proven strategies. If you’re looking to grow in the real estate investing space, First, Worst, Best, and Next Podcast is your go-to resource for expert wisdom and real-world experience.
Podcast Insights
Content Themes
The podcast focuses on key topics within real estate investing, particularly multifamily and apartment investments, with episodes that delve into asset management strategies, investment pitfalls, and scaling techniques. For example, an episode featuring Jason Yarusi explores how he transitioned from house flipping to managing multifamily properties, emphasizing strategic planning, refinancing methods, and the importance of effective communication in partnerships.

First, Worst, Best, and Next Podcast is the ultimate real estate investing podcast where top investors share their most eye-opening deals—their first investment, their worst failure, their biggest success, and what’s next on their horizon. Hosted by industry experts, this show uncovers hard-earned lessons from seasoned professionals, giving listeners a front-row seat to the strategies, missteps, and triumphs that shaped their careers.
Whether you’re an experienced investor or just starting out, you’ll gain invaluable insights into multifamily and apartment investing, along with other asset classes. Learn what works, what doesn’t, and how to scale your portfolio by avoiding costly mistakes and capitalizing on proven strategies. If you’re looking to grow in the real estate investing space, First, Worst, Best, and Next Podcast is your go-to resource for expert wisdom and real-world experience.
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’s Cell: (845) 779-2044

Disclaimer
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