Most investors are looking for a model that isn’t as energy draining as flips and wholesaling, or as risky as the stock market, but we never really think of new builds. We all see builders and think what they do is untouchable, that it’s too expensive, and it involves too many moving pieces.
But what if you could make it happen with one project, one set of contractors and one job site? In today’s episode, I’m joined by an entrepreneur who’s teaching beginners exactly how to do this, with very little up-front cost.
Through multiple market events, he’s been hardened by failure and has a lot of wisdom every investor needs to listen to.
What makes this model way less stressful? How do you get started? How does my guest see the market playing out?
In this episode, I’m joined by coach and serial entrepreneur, Jerome Maldonado. We talk about the model he’s teaching, and the advantages it offers.
With fix and flips, there’s always unforeseen circumstances behind the sheetrock and under the concrete. When you build new it’s very transparent, you know your expenses going in. – Jerome Maldonado
Things You’ll Learn In This Episode
Why we have to learn from battle-tested entrepreneurs
What is the most valuable lesson we can learn from successful people who have been bloodied up by failure but came out stronger?
The headache-free way to invest in real estate
Can we have success in real estate investing without tenants, termites, and the headaches of flips and wholesale deals?
Why raising money for new builds is easier than you think
If you have bad credit and no capital, how can you raise money for a new construction deal?
Guest Bio
Jerome Maldonado is an investor, coach, and serial entrepreneur with a multi-million dollar empire. He is teaching people how to buy land and build houses through his proven 14-step process to make $100k on every build without any experience. Starting from scratch, he struggled for many years to get his business off the ground, but from this, he learned what it really takes to build an empire from the ground up. After years of honing his skills in sales, team building, and real estate concepts, Jerome finally built his first 6 figure business in his 20s. In 1998, Jerome pioneered a new construction company which he took to seven figures, in less than one year. With much success came the need for expansion. Understanding the simple concepts and benefits of leasing real estate, he purchased multi-use retail and commercial property to house his business. Jerome found the traction and confidence which has allowed him to do millions upon millions of dollars in residential and commercial real estate transactions and holdings.
For wealth creation, other examples include how he is buying distressed hotels and turning them into multi-family properties, how he sees the rise of e-commerce driving the need for warehouse space over the next 5 years and why he and his team have purchased failing brick and mortar businesses such as Radio Shack, Pier 1 Imports and Modell’s Sporting Goods to turn into thriving e-comm businesses, which increases the value of their commercial warehouses.
For more information, visit https://jeromemaldonado.com, and find out more about his coaching on YouTube, Facebook and Instagram.
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