Forged In Fire

Episode 29: From Teaching Elementary to Building a Real Estate Empire: One Woman's Journey

Nate Pharmer-Eden & Cole Farrell Season 1 Episode 29

Jonna Weber transforms from a reluctant investor who viewed real estate as risky to a community leader and team builder with a thriving portfolio spanning decades of experience. Her journey illustrates how consistent action over time, learning from others, and pushing through fear creates lasting success in real estate investing.

• Sold an underperforming property losing $800 monthly during a market downswing to purchase two positive cash flow properties 
• Discovered the power of investor communities by attending the first-ever BiggerPockets conference
• Created the Boise Real Estate Investor Network after recognizing Idaho's potential market growth
• Weathered the 2008 recession by holding properties despite significant value drops
• Managed challenging tenant situations including unauthorized pets and even a tenant suicide
• Used traditional financing methods initially but now leverages creative financing including seller financing
• Places high value on learning through community rather than expensive coaching programs
• Implements simplification and focus on what works rather than constant pursuit of new ventures
• Emphasizes that discomfort is essential to entrepreneurial success

Head to BoiseREIN.com to learn more about the Boise Real Estate Investor Network or JonnaWeber.com for anything else real estate related.


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Speaker 1:

Forget what you've heard. Forged in Fire is where real entrepreneurs come to share the untold truths of success the late nights, the crushing setbacks, the moments that change everything. No fluff, just fire, ready to step into the heat and unlock what it really takes to build a business.

Speaker 2:

This is where legends are made for multifamily investors, showing you how to go from zero to your first or next cash-flowing property. And I did say free right, head to ForgeReiAcademycom, slash MF. Again. Forgereiacademycom, slash MF.

Speaker 3:

Welcome back, ladies and gentlemen, to another exciting episode of Forged in Fire. I am your co-host, nate Farm-Reedon, but again, cole is on vacation, so I am just your host. So you've got me. Today, we're going to bear with it, we're going to go and roll with all the punches, but we've got an exciting episode today. Before we dive all the way in, though, let's go through a few of the housekeeping. So, number one, please make sure that you leave us a rating and a review. Number two, make sure that you subscribe and click that bell so that way you get alerted anytime an episode of Forge and Fire drops. And lastly, make sure that you buckle up, because this is going to be a hell of a ride. I'm so excited to dive in.

Speaker 3:

Today we are talking to a dear friend of mine, jonna Weber. She is remarkable. She has done tons of amazing things in the real estate world. She's an entrepreneur. She's been on tons of different podcasts. Enough about me, about her. Let her talk about her. So, without further ado, come on stage, jonna. How are you doing? It's so great to see you.

Speaker 4:

I'm doing amazing. Thank you, I love your energy, nate.

Speaker 3:

Good morning Good morning, good morning and thank you so much. So please let us into your world, tell us a little bit about yourself. What got you here? What brought you here?

Speaker 4:

All right, well, thank you.

Speaker 4:

It's so cool being involved with, touching base with so many great investor and entrepreneurial-minded folks throughout the country. I'm in the great state of Idaho and what brought me here is I have been on a couple of decade long entrepreneurial journey and investing journey started back in the day I had a first career. I was a corporate meeting planner and then had my kids stayed home with them for several years, had that blessing, had a short stint in teaching elementary school and quickly developed a passion during that time for real estate investing and my husband and I started our investing journey when our kids were really little, been building a portfolio ever since. I am a real estate agent and team leader, been doing that for about 12 years and a couple of years ago I started a full forge talk about being, you know, forging into something but started an investor community here in the state of Idaho called the Boise Real Estate Investor Network and we've got hundreds and thousands of investors pouring into that community here in the state of Idaho and it's been a fun journey.

Speaker 3:

It is such an honor, a pleasure and a privilege to have you here on Forged in Fire and just hearing some of the things that you've been through, I had no idea that you taught it at one point in your life. This is amazing. It's a very short stint. It's very short stint. It happened, thoughint. It happened, though, and that's what counts. So talk to me a little bit about, um, your business strategy and what like got you into the real estate side of things and then what it looks like kind of today absolutely well the business.

Speaker 4:

My first like what I would say real business ownership because my husband and I have on multiple businesses um was really real estate investing. Getting serious about that. We purchased our first investment property back gosh, a long time ago, 21 years ago and at that time my husband was all full bore, wanting to get involved in real estate investing and I was the scared one. I was dragging my feet, I thought it was risky and I didn't want anything to do with anything that might involve losing money. And I'm just so. It's so funny we look back today because I'm the one who really is the real estate professional in the family now. But I was dragging my feet. But you know, what we had is a real pivotal, pivotal time back when there was the, the national recession and things were changing and the economy was scary and my husband nearly lost his corporate job at that time. And all of a sudden, when I was like safely thinking, we were fine, we were living the American dream, we had two kids, we had a house that we owned, we had a few rest investment properties thanks to him, but I wasn't really wanting to increase our portfolio at that time and we had that scare where we realized, oh my gosh, we could be, like one mortgage payment, away from having to make some very scary decisions. Now, fortunately, that didn't happen. He didn't lose his career at that time, but it was very close and we decided I say we, but really that's when it got into my heart that we needed to have some other options besides one, like we say, w-2 income coming into our family.

Speaker 4:

And we had a rental property at that time that we had moved out of a big house, moved across the country for his work, and it was just sitting there as a rental property. But it was $800 negative cash flow a month and it was not. We didn't, I didn't know what. I didn't know. It was not a good investment. And so we made the difficult decision at that time to sell that property we have some equity in it and to take that and turn it into two cash flowing rental properties. At that time and once I saw that work, even though it was so scary, we sold at the bottom of the market that property. But once I saw it work and we actually generated positive cash flow, I was hooked and we started growing our portfolio from there.

Speaker 3:

Oh my gosh, holy cow. So many things I want to dive into, but okay, that's the start. Yes, oh my gosh. Okay, well, let me ask you this. So this is phenomenal. I appreciate you diving in. So, before I really dissect everything, I've got to ask you this one. Then, talking about some of that mindset of negative cashflow 800 month over month let's just go ahead. We're going to sell this one, and what was going on with your thought process behind? Okay, we've been seeing it month over month with it losing money. Let's just go ahead and we're going to attempt to buy two more. What?

Speaker 4:

were you thinking, yeah, it was something bigger than me, I tell you, but one thing that made such a difference? And then I think there's two things. One thing that made such a difference. And then I think there's two things. One I had the, just the nudge, like you know, when you have those internal feelings that something is supposed to change and that you have an idea and it may work. So there was that, and that, I think, really comes from prayer and meditation and sitting with yourself and being open to listening.

Speaker 4:

Two is I started to get involved. It was actually bigger pockets at the time, um, which was still fairly small at back at. This is back 2011 and uh, it was something where I found out that there were more people that were actually doing real estate investing and that it actually could work for people, and and so it was a combination of listening and really feeling that internal feeling from within and from above that this is supposed to happen, but also getting in affiliation with others that were like-minded and were actually doing that, and that built my faith that we could actually do something like that. But it wasn't a straight journey, so we went ahead and did that. We turned it into two properties and then we started to look for more and we did.

Speaker 4:

We're fortunate enough to buy several during that that economy slowdown, where it was a great time to buy. But I tell you for everyone we picked up, there were two that I was scared about and walked away from, because that fear didn't just like magically go away. Right, it was still very scary and there were sleepless nights, and that's what I'd like to tell a lot of new investors is you're going to feel the fear, no matter what, but you've got to trust the numbers and your first deals are not going to be perfect, right, but they are going to get you in the game and it's those first couple that are the scariest and that's what you got to get over the hump and then it really gets fun.

Speaker 3:

Oh my gosh, you've touched on so many different like key nuggets that I just want to backtrack. So you found out about BP or BiggerPockets. For those that are listening who might not know about BiggerPockets, it's an amazing platform, one-stop shop. Make sure that you look into it. But was it there that maybe you found other people or different resources? Did you find mentors as well to collaborate with?

Speaker 4:

It was the start of it. So here's the real game changer. So once we started the ball rolling and we had a couple of rental properties that at the time we had purchased two those two that I talked about rental properties and I was looking for resources, getting more involved with Bigger Pockets, and then Josh Dorkin, who was the founder of BiggerPockets, he announced they were going to do a real estate summit and it was in Denver. Colorado was their first ever. Again, they were so small. I don't think Josh had any employees at that time and I, on faith, I had no business. I was teaching school and I said to my husband like what do you think if I, if I go down to this conference, I don't know, I might learn something? And I did and went by myself, didn't know a soul, but there were 300 people there Again, it was very small back then met so many incredible people that I still am in touch with several of them to this day and I realized that I was the only person that I know of from the state of Idaho that was at that conference.

Speaker 4:

So there we talked about little nudges. There there was someone speaking on stage that said Boise, idaho. If you don't know Idaho yet. Trust me, in five years you're going to know this name Boise, idaho, and everyone around the room was writing down. Like Boise, by the way it's spelled, it's pronounced Boise. There's no Z in Boise.

Speaker 4:

And if you're local, you know that. But everyone was going Boise and I looked around. I just said there was like a light bulb moment, there was opportunity. And that's when I started to think I'm going to get my real estate license because there's opportunity for investors investing in Boise, idaho. And that is that aha moment that truly changed the trajectory of my career and made me unemployable because I couldn't go back to teaching that I was going to do this.

Speaker 4:

And that is the power of community and getting together with others and having that concentrated time with others that are like-minded and that inspire you to do things that you think would be crazy. If you're sitting in the break room of your, your job, you know it's just amazing how that transformation can happen. So that's how it kind of all spiraled and I got the confidence to move forward. I didn't have a fancy or expensive mentor or coach. I learned through osmosis, I learned through podcasts, I learned through books, I learned through the forums and then I started my own meetup here in Idaho right after that conference. I was so excited and that's how kind of everything has grown since then and I'm so grateful for that time in my life where I just was scared, but I jumped into something new and it's just powerful. You can't even describe it. If you're listening to this, you've never been in a room with others that are full of fire, like you are Nate, that are entrepreneurial and investors. I mean, that's what's going to catch your spark in most instances.

Speaker 3:

Oh my gosh mic drop. So let me just retrace this entire journey here, because you did a deep dive in and I appreciate it, because this is what we asked for, but cool mic drop. So, if I'm understanding correctly, first you actually attended the very first meetup for BiggerPockets.

Speaker 4:

I'm an OG mate. I'm an OG Yep An.

Speaker 3:

OG in the game. Holy cow, hats off to you. So you went in, knew nobody went by yourself 300 people in the room. You're like I'm just going to go and the worst that's going to happen is I'm going to learn something. So you stepped in the room and then not Z but Boise. Did I pronounce that correctly?

Speaker 4:

That's correct.

Speaker 3:

Yes, okay, I was practicing with the mic off, okay, so Boise was mentioned and you're like. You know what I'm thinking, outside of the box. If, in five years, this place is actually going to become the hub of where most real estate change acts is going to happen, I need to be sitting at the table somehow, some way. So why not be that center person that everybody's going to need to get to know? Is that? Was that the?

Speaker 4:

thought process that's kind of I mean, I wasn't quite as black and white, it just was something that, like I knew, I knew that we have a. We have a saying like at my real estate brokerage, for example I'm at eXp Realty the saying is once you see it, you can't unsee it. Brokerage, for example I'm at eXp Realty the saying is once you see it, you can't unsee it. That's what I felt Like once you see the possibilities, you can't go back. I couldn't go back to the classroom and just pretend that I hadn't seen that possibility and move forward. So it was just something bigger than me that I just I needed to move forward and I that after really one year in our true teaching capacity.

Speaker 4:

I also had a series of events. I had two family members with cancer that wound up passing away. I had my principal with cancer and he, he, he knew as much as teaching is such a beautiful passion and calling. He knew it wasn't mine and he, as someone who was gravely ill, he kind of spoke that truth into me and he said you need to be doing what you want to be doing, you need to be finding your passion and doing what you're meant to be doing truly, and so I appreciate it was a little hard to hear at the time, but it was a gift and I had the opportunity to continue teaching. I wasn't being let go or anything a gift and I had the opportunity to continue teaching. I wasn't being let go or anything.

Speaker 4:

I decided to make that leap and move into getting my license and then furthering our investing journeys as a family. It was powerful, it was scary and it was something that I'm so grateful for today. I cannot even tell you how thankful I am and how much further we are as a family financially because of that decision. And it wasn't like some huge fancy deal we did, it was just some consistent action for a period of years, period of years that you know you talk about the compound effect and just doing that consistently and being aligned and both being real estate as an agent to bring in that ordinary income and then the investing side of it married so beautifully together that we never could have done if I was split and working for 40 hours a week in a completely different industry, you know. So it was. It was a great thing.

Speaker 3:

I appreciate your vulnerability and, as one of my mentors and coaches calls it, opening up the kimono and bringing us into your world and prayers and condolences for those that you had lost. But thank you for sharing and talk to me a little bit more about, and I love hearing you talk about consistency and being able to. I don't yet see the entire plan, but as long as I just continue to move forward and I like to say moving that needle forward, you see the action steps and you make things attainable, so I love hearing that from you. But tell me a little bit about some of the journey You've been invested for a while now. Yeah, Trials, tribulations, some of the struggles from you can take it from when you first got started to going through different cycles in the market, to what you've got going on now.

Speaker 4:

And there's a couple of things that I think are interesting but related to the cycles in the market. I'm glad you brought that up because that is scary. So once I mentioned during that recession, we had a few properties already and we had actually moved into a property. We had moved back, we had lived in North Carolina for a couple of years which is what made that one house that we were losing $800 a month on a rental. We came on back to the Boise area, moved into a house we bought intentionally to become a rental, but we were going to live in it for a year and that was 2007. And that's when, right after that, the market just plummeted and we watched this house we had moved into drop in value by half, house we had moved into drop in value by half, as well as our rental properties, and that was so scary. But the thing that can and again, this is why it was so important to get in communication and alignment with other real estate investors we were all in it together and what I knew and what others had taught me is like, as long as your tenant is paying the mortgage and your current and your payments, there's no reason to panic and sell. So we didn't sell anything other than that one.

Speaker 4:

Losing rental property during the recession. We held on it was painful and we weren't able to move out of that house. We had wanted to be a rental after a year. We actually wound up there for nine years and which was fine. It was a great entry level house. Our kids, we got very close because we were in a small space together and no regrets there. But it was just a huge learning experience.

Speaker 4:

But and we may, we may, enter some kind of that was cataclysmic almost. But if someone's in a market where all of a sudden they're like, oh my gosh, I paid $500,000 for this home, I'm living in it. It's worth 350. If you're able to make the payments completely and easily like, there's no need to panic. It's a, it's a waiting game. Things do get better, right, and so that was. That was part of it. That was a very hard experience to go through, but it was one of the ones that was not so glamorous about rental properties.

Speaker 4:

And then just self. We've self managed most of these properties all throughout the year, so we've had things from. You know. Obviously there's been lots of instances where pets come in when they're not supposed to be there. We've had a suicide in a property, we've had some very interesting situations and you'll hear people a lot of times say they don't want to have rentals because they're afraid of the 3 am toilet call, plugged up toilet call and all these kind of things. You just, you just flex that muscle and you don't let it overtake you because at the end of the day, it's just real estate. Yes, we had a suicide in a property, somebody did actually die, but 99.9% of the time it's just real estate and you got to treat it like a business. You talk to a lot of entrepreneurs I know a lot of your listeners are entrepreneurs and you treat your real estate investments like a business, like everything else. And you can. What's the word Carpet? I can't say the word today, carpet.

Speaker 2:

You put it in a box right, I don't know.

Speaker 4:

Nate. But you do. You kind of have to just put it in its own little place and just treat it like a business and can't get all emotionally wrapped up in it. So there's been a lot of ups and downs, but the more that you systemize things, put your screening process into place, have things set so that you can rinse and repeat on every tenant that comes in, all those sort of things it makes it a lot easier. But no, is it passive? No, but is it worth it? 100%? We talk about choose your hard, right. Your hard is working for somebody that you don't like, doing something you don't want to do for 50 hours a week, right? It's just so funny when I hear that that people don't want to do something like have a rental property because they're afraid of the toilet needs plunged.

Speaker 3:

Oh my gosh, oh my gosh. Again, mic drop. I love it. Choose your heart. Everybody out there, make sure you pause, rewind that, the entire section, the entire segment, the entire episode. Re-listen to everything because John is freaking, spitting knowledge right now. So just kind of a formality question. We kind of talked about property that was losing money, grabbed the equity from it, was able to tap into that after the sale to be able to drop it into two properties. But what does it look like in terms of financing and funding for your current deals and are you still buying right now to expand and talk to us a little bit about your strategy now?

Speaker 4:

Great question. Well, there's so much available today that I so wish I would have tapped into and known about back in the day, so to speak, because we didn't know what we didn't know. And we did do conventional funding for conventional loans. For our first like 10 properties, we were able to use the one to four properties and then use portfolio loans local lenders for that. But we were very fortunate because my husband had a great, you know, w2 income and that's another thing. We we scrimped and we saved and we put down traditional down payments. So even during the downturn and most times we did have some equity in the property and we made sacrifices, like our friends were buying new furniture and new escalades and all the things, making good livings and going on the fancy vacations and we were living in that house, like I mentioned, for nine years that we intended to have as a rental and we were taking every extra penny that we made and putting them into those rental properties, and so it wasn't easy. Now today there's so many great options with creative financing, seller financing. I just sold our first commercial deal this year.

Speaker 4:

We did, I should say that seller financing and that's really fun to be on that side of it. So there was just a lot that we didn't know. But since then there's just so many opportunities to tap into the equity you already have in rental properties. So we were been able to purchase additional through pulling out money out of the existing properties and then purchasing from there.

Speaker 4:

So we've gotten creative since, but I didn't know any different at the beginning. It wasn't easy, but we use traditional, traditional loans and part of now having a real estate community that's so much fun. I mean I started this it's called Boise Real Estate Investor Network and we started it a couple of years ago and I cannot even believe how much I have learned from other investors that are showing me how to do things ethically, creatively and that work and are able to help you scale so much faster than we did. I could have bought 10 times the properties we did back in the day during that once in a lifetime opportunity if I would have had exposure to some of the yeah, I've heard some of your guests Nate people that are doing such great things or invest in passively and other opportunities that have really better returns. So I love that there's so many incredible options available today that I didn't know about at the time.

Speaker 3:

Thank you so much for sharing all that. Thank you so much for the kind words. I appreciate it. You are amongst all of the great guests that we've had, so thank you so much. We haven't even finished the episode but, my gosh, I want to make sure that all of our listeners out there caught just that one piece and that one nugget that was just dropped. There was so many, but I want to pinpoint. It is the fact that Jonna created this network and even though she was like let's come together, let's work together, she's still consistently and continuously learning from everybody. That's still coming together. Oh, my gosh, completely Pinpoints all the way back to the beginning of the conversation of when she was able to go to the BiggerPockets first convention. Og in the room. Again, hats off to you.

Speaker 3:

And just networking and surrounding yourself with other like-minded individuals helps propel, helps move the needle forward. As I say so much on this, I'm forcing fire in any of our talks and I just want to make sure that that's highlighted the fact that it doesn't matter how much of an expert that you think you are or that you believe that you can be. You can always learn something. New strategy. We talked seller finance. Hats off to you on doing that. How's that deal going, by the way?

Speaker 4:

It's great they're paying, they're paying.

Speaker 3:

Oh, I love it, I love it, I love it. Ok, so before we get into the next fun segment, I have to. We have a little bit of a surprise for you. We are going into what we call the fire round. Now, if you heard our show, you know a little bit about it. We've got six questions we're going to throw at you and you can answer as succinctly as possible. Or, if you'd like to go off and elaborate a little bit more, that's cool, but the only caveat is that I want you to answer with the first thing that comes to mind.

Speaker 3:

Oh, gosh okay got it okay, all right. So question number one what separates top performing entrepreneurs from the rest of the crowd? The ability to be uncomfortable, being scared and doing it anyway. Ooh, so good. I've not heard that one, but I love it.

Speaker 4:

Okay, and what is a daily habit that's contributed to your success? Oh gosh First thing. Oh gosh first thing. I don't really listen to music. I listen to, I mean people give me a hard time. I listen to so many learning podcasts. I mean just podcasts where when I'm walking my dog, when I'm at the gym, you know whether I'm in drive time. I just don't waste that opportunity. Getting ready in the mornings, I'm always learning.

Speaker 3:

Always learning. Oh, I love it, I love it, I love it. Okay, what is a piece of advice that you would give to yourself if you were starting over again?

Speaker 4:

it doesn't all have to be done in one year, and if I were starting over again, I would be much more intentional on what activities are actually going to move the needle, which and which are just like kicking tires and wasting time, because time is as I. As I'm an empty nester now I know that time is the most valuable thing that we have, and so I would really pay attention to and learn from others what really moves the needle and carve out time for that, family time and what's the other things that are really important in life.

Speaker 3:

I love it. What's one of your favorite business books?

Speaker 4:

Oh, lastly, I know you've heard this a lot, but the Darren Hardy books, excuse me. Well, darren Hardy books are great. The compound effect, and then Benjamin Hardy that's the one I meant to go to but who, not how. And the new 10 X is better than two X. Those are game changers, whether you're investing or any kind of entrepreneurial venture. Who, not how, my favorite books oh so good Journey, always learning to outsource and leverage.

Speaker 3:

Yes, yes, ok, so what is your favorite part about owning a business? And this can be any or all of your ventures.

Speaker 4:

My favorite part is it's so funny. We talk about time freedom. We all know we all work harder than almost anyone that has a job. But um, but that freedom, that time freedom and ability to control my own future, is just huge. You know I always laugh. I'm unemployable, I know I am, so I better it's up to me because I'm not going to go back and work for somebody else again. And that is one of those things where you've got to be uncomfortable or comfortable with being uncomfortable, but there's nothing like having that control of your future. I know it's not for everybody, but for most of us it's pretty addicting.

Speaker 3:

Say that again yes, yes, yes, okay. And final question. I'm failing at this, by the way, I was not supposed to have a single word in between the things that you say, but everything you say.

Speaker 4:

It's so catchy. I've been grinning from ear to ear throughout this whole show. Well, I appreciate you. Thank you. People are listening. They just have to imagine this huge grin on his face Amazing.

Speaker 3:

You're making me blush. Okay, hold on Back to it. Okay, fire round. Final question we can get through this. Here we go.

Speaker 2:

All right.

Speaker 3:

So what is something new that you've implemented that's driven success for your business?

Speaker 4:

It's a work in progress, right, the idea that it's okay to do the same thing over and over again. And what I mean by that is we, as entrepreneurs and investors, we get the shiny object syndrome and we're always off into new things, new ventures. So one thing that I've implemented is taking some things, really looking hard at some things that are working well and just taking the time to hone in on those and to fine-tune them and make them better, rather than just ditch them for something new because I'm bored. It's painful sometimes because we want to do that all the time and start fresh because the startup is so much fun.

Speaker 4:

But I've implemented not just ditching things If I'm bored of them. We got to fine tune them, automate them, you know, as much as possible, let someone else do them, but don't give up on them and don't quit. I'm guilty of that, I will tell. I'll be the first to admit. So I'm working this year. My words I have more than one word, but it's simplify and execute and just get narrowing even more on the few things that we're really, really good at and executing them, but executing them well and over and over, and just growing that piece of it.

Speaker 3:

So freaking good.

Speaker 4:

Oh my gosh, I can tell you about my failures, where I ditch things that were just about ready to take off because I was bored and I don't recommend it Seriously.

Speaker 3:

Oh, just stick with it. Like we go back and forth all the time. Heck, we were just talking, was it? It was like a week or two ago and Cole and myself we were just laughing and we're like anybody that works with us has to just hate us at times because we're Chinese. Then, like we come up with an idea in the middle of the night, we're on the phone working till three am. We call an office meeting. Everybody comes together. We're like we're going in this direction. Now here we go. It just happens. I'm laughing because it sits and resonates with me so well. So thank you.

Speaker 4:

Of course, yeah, no, it's a work in progress. I can tell we're both visionaries and you get out there and yeah, and then I'll come back to my team and throw out my whole all my ideas I've had with meeting with other visionaries and you know, then they quickly get me back to earth on what makes money.

Speaker 3:

This is great. However, let's reel it back in. And okay, here we go. Trust me, I get it. So you have survived the fire round. That wasn't too bad, was it?

Speaker 4:

No, it was awesome, I love it.

Speaker 3:

I love it. You are amazing. All right, so this has been phenomenal, but I've got two final questions for you. Okay, question number one any other advice that you'd like to give to all of our listeners out there? And then question number two is where can people find you? So?

Speaker 4:

lay it on Advice that I'd like to give listeners. Well, I think we've kind of outlined I mean the biggest messaging that I have is to give listeners. Well, I think we've kind of outlined. I mean, the biggest messaging that I have is surround yourself with others, get involved, get in those circles, get in the right rooms is the biggest thing. Don't go it alone. That is so important, I think, no matter what industry you're in. And then, as far as people can find me, if you happen to be in the state of Idaho, our network is statewide, so you can go to BoiseRein B-O-I-S-E-R-E-I-Ncom Find out all about what we're doing. We've got a podcast Idaho Real Estate Investor Show all of that good stuff. For anything else about me or real estate related, you can head over to jonnawebercom.

Speaker 3:

I love it. Jonna, this has been phenomenal. You've taken us on an amazing journey from all the way back to early 2000s and then your experience with the recession and then deciding to double or triple down on having an asset that was losing month over month. And, like you know what we're going for this we're going all in Buying two more off of that succeeding. And now you're crushing it in this industry and you are a trend center of magnitude, of proportion, I guess we could say. To where you're starting, different groups, people are coming together. Folks look at you and look to you for guidance. You're also learning and leveraging the folks that are inside of your circle and I want to say it's truly an honor, it's a pleasure and a privilege to have you on this show. So thank you so much for everything.

Speaker 4:

Thank you, Nate. This has been great. I'm a big fan of what you guys are doing. I appreciate the opportunity and I wish you all the best in 25 and beyond.

Speaker 3:

Let's go In 2025, we thrive For those that are listening. Make sure that you get home safe. Thank you so much for tuning in to Forged in Fire. Again, make sure that you like leave a rating. Leave a review Only helps us grow. And also make sure that you reach out to Jonna. Reach out to her, Ask her questions, Pick her brain, have her on your shows as well. She is amazing. This has been awesome, but without further ado, we will see you all on the next episode of Forged in Fire. Thank you all so much. Take care.

Speaker 2:

Before we get on with the show, we have a bonus for you. We created a free program for multifamily investors showing you how to go from zero to your first or next cash flowing property. And I did say free right. Head to ForgeREIacademycom, slash MF. Again. Forgereiacademycom, slash MF.

Speaker 1:

Thanks for tuning in to another episode of Forged in Fire. If you enjoyed today's raw, unfiltered stories, don't forget to like, subscribe and leave us a review. Your feedback helps us bring more real-world insights to entrepreneurs like you. Be sure to join us next time for even more lessons, struggles and breakthroughs on the road to success. Keep forging ahead.