Episode 88: From Investing in Single Family Homes to Multifamily Deals with Jerome Maldonado

Jerome Maldonado is a seasoned entrepreneur who started investing in real estate around the 2008 crash. Since then, he has transitioned from buying properties to building them, and from the single family space he is now in multifamily and commercial too, building residential spaces, retail spaces, offices, and more.

Listen now to learn about Jerome, his journey from buying to building, the things he learned, and how his goals have changed!

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Key Talking Points of the Episode

00:00 Introduction

01:25 What is Jerome’s background?

04:02 How did the 2008 crash affect Jerome’s business?

06:35 How did Jerome get through the most challenging times in business?

08:33 What was Jerome’s transition from single family to multifamily like?

09:12 What made Jerome decide to go from buying to building houses?

12:30 Why should you pivot as the market changes?

14:28 What made Jerome look at the areas of his business separately?

18:00 Why is Jerome keeping his retail centers?

19:55 How is Jerome helping his children become financially literate?

23:20 How did Jerome and his wife use athletics to discipline their children?

27:48 How does Jerome’s mastermind help investors?

30:56 How flexible can land investing be?

32:04 Who is the ideal person for Jerome’s mastermind?

35:20 How can people connect with Jerome?

36:20 What is Jerome’s higher level mastermind about?

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Quotables

“Like I always say, if God gives me another day of health, I’m good. I can make do, I don’t worry about things as long as I’m healthy.”

“When you buy during a high market, your perspective has to change with the market because there’s ways to earn, but you have to be able to pivot to earn in those ways and capitalize on them.”

“You’re the catalyst, you’re the driving force of what makes things go, but you’re also the driving force of what makes things fail.”

“What people need to understand is there’s larger circumstances aside from you, myself, them – those driving forces that we cannot control, we have to be able to circumvent and migrate to be able to adapt to our world’s circumstances.”

“Now I’m looking at it as a vehicle not only for me, but for my kids, for generational purposes.”

“I always tell people what makes my work fun is when I make profits because then it becomes worth it.”

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Links

Social Media: Jerome Maldonado

https://www.linkedin.com/in/jerome-maldonado-1018b183/

https://www.instagram.com/thejeromemaldonado/

https://www.facebook.com/jerome.maldonado.961/
https://www.tiktok.com/@jeromemaldonado3

Website: Jerome Maldonado

https://www.jeromemaldonado.com

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