Jonathan is President and Managing Member of Two Bridges Asset Management LLC. Before founding Two Bridges, he was a partner in the real estate investment firm TRB Investment Group LLC. He began his career as a lawyer and spent over a decade practicing in American Lawyer Top 100 firms, where he focused on real estate and hospitality matters. Jonathan holds a bachelor’s degree from Harvard College and a law degree from Columbia University School of Law. He currently serves as a vice president of the Harvard Real Estate Alumni Organization.

Although he only made his first apartment acquisition less than a year ago, Jonathan is already working on his third apartment deal and currently owns/manages 234 Multi-Family units in the Greenville-Spartanburg, SC area and has plans to build his portfolio up to 1000+ units within the next few years.

In this episode, Jonathan will speak with us candidly about his real estate investing business and how anyone listening to this show can yield the same results if they take the right path.

In this interview with Jonathan you’re going to learn:

•         The roadblocks he ran into financing his first deal and how he overcame them
•          What key indicators he looks for in a market which determine whether or not he’ll invest
•          How finding an already experienced investor to partner with proved invaluable to his current success
•          Why it’s so vitally important to get your first few deals done to create a track record for yourself
•          Why he feels it’s imperative to build lasting relationships with brokers if you want to be successful in this business
•          Why he prefers multi-family properties over the other asset classes
•          Why he wholeheartedly believes in using 3rd party management companies to run your properties

•          And much more…

Commercial Real Estate Investment expert and the President of Toben Partners, Thomas Jorglewich, started out his real estate career as a sales broker with the Marcus and Millichap.  Within a few short years, Thomas realized that although he was making great money as a broker he would never reach the point of financial freedom he strived for unless he got on the other side of the table and started owning real estate versus just selling and making commissions.  

The next step Thomas took was quitting his job at Marcus and Millichap and taking a position with one of his previous clients, an investor who owned and operated over 1 million sq. ft. of retail space – this was how Thomas would learn the ropes. It wasn’t long before Thomas began building his own RE portfolio and making a name for himself in this industry niche. 

Thomas currently owns/operates over 100,000 sq ft of retail space, has completed multiple successful ground up developments as well as distressed turnaround deals, and has become quite successful in the opportunistic and value-add retail shopping center space. Toben Partners main focus is strip and neighborhood shopping centers from 10,000 to 50,000 square feet in size  in the Northern Atlanta Market

In this episode, Thomas will pull back the curtain and talk to us about investing in retail shopping centers and why he feels that any active investor looking for a “TRUE” passive income stream and secure returns should strongly consider adding this investment to their real estate portfolio.

In this interview with Thomas you’re going to learn:

·         Why Thomas prefers retail property types over the other asset classes like multi-family, office, industrial

·         How getting his start as a commercial RE broker has proven invaluable to his overall success in the industry

·         How his boots on the ground effort and personal connections with his tenants has resulted in high occupancies at his centers

·         His unique approach to pre-leasing his spaces and the strategy behind his method

·         The key components he looks for when considering a new shopping center investment opportunity

·         Why he prefers to invest in his local market rather than expanding his business into new areas.

·         And much more…  

Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times and Bloomberg Magazine.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest, and consults to mobile home park owners in California.  

Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.  Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company.  

In this episode, Jefferson shares with us the Top 10 mistakes he made when getting started in this business with the hopes that you can learn from his mishaps and avoid these same pitfalls

In this interview with Jefferson you’re going to learn:

·         The benefits of having a dedicated greeter at each one of your parks

·         Why you should never rely on mobile home park dealers to fill your parks with new residents

·         Why outsourcing key parts of your business is essential if you want to scale

·         Why you’re letting money walk out the door if you don’t have a website showing the amenities of your park and the available units

·         The benefits of using local banks on deal sizes of less than 1.5 million vs. the larger regional multi-state banks

·         How syndicating deals and raising private equity has allowed Jefferson to grow much faster than he would have doing it on his own money

Jefferson Lilly is a mobile home park investment expert, educator, and industry consultant who has been featured in the New York Times and Bloomberg Magazine.  Prior to co-founding Park Street Partners in 2013, Mr. Lilly spent seven years investing his own capital at Lilly & Company where he acquired and continues to operate mobile home parks in the Midwest, and consults to mobile home park owners in California.  

Prior to becoming an investor full-time, Jefferson spent 10 years in sales leadership roles with several venture-backed startup companies in Silicon Valley that were acquired by Openwave Systems and VeriSign.  Earlier in his career he held operational roles at Viacom and was a consultant with Bain & Company.  

In this episode, Jefferson shares with us the Top 10 mistakes he made when getting started in this business with the hopes that you can learn from his mishaps and avoid these same pitfalls

In this interview with Jefferson you’re going to learn:

·         Why building a team and surrounding yourself with other successful people in your niche is vital to your success

·         Why you need to be slow to hire and quick to fire with park employees and managers

·         How to dramatically increase your bottom line by buying 4 br MH’s instead of the common 3 bd units (almost the same price)

·         The dangers behind not being fully involved with your park i.e., working a full-time job and trying to manage a park in a different state

·         Why he loves tax season soooo much and looks forward to it every year

·         And much more…