How To Build $5M of Real Estate in 5 Years (with No Experience)
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- Опубліковано 5 вер 2024
- This is the EXACT breakdown of my 5 year plan that will resume you as a top tier developer, while also creating $5 million in real estate assets for you along the way. This is a digestible business model that I created for beginners with no real estate development experience, and my students who are following it are actually making even more than what I describe in this video!
For more in depth info, check out the webinar which will show you the steps to build one house:
💻 Free Training - How To Buy Land and Build a House:
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Jerome Maldonado is a 25+ year real estate developer, investor, and author. With a staggering $600 million portfolio under his belt and on track to hit $1 billion by 2025, Maldonado is a titan shaping the contours of property investment. Over the last four years, he has molded $247 million in multifamily assets, solidifying more than 1,100 doors. He specializes in real estate development, and teaches his students how to develop single family homes, multifamily complexes, and entitle land to sell to developers (or develop themselves!). Jerome also owns multiple 7, 8, and 9-figure businesses including a construction company and a realty company, founded in 1998 and 2000.
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--DISCLAIMER-- The suggestions, advice, and/or opinions that are given by Jerome Maldonado are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Jerome Maldonado and Jerome Maldonado brands harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by Jerome Maldonado as a perspective based upon experience.
#repeat 💯🙌
Love your videos great info!
What about the debt service on the multifamily? Youre grossly overstating income from those properties. However the strategy overall is correct and basically what I am working on doing myself as an owner builder. Good plan, like the content, thanks!
Just talking NOI
Debt service will vary
Great content
Thank you
Keep up the great work Jerome.
🙏🏼
Killer breakdown!
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☝🏼repeat!!
Have you seen veterans experience success with your program through leveraging the VA Home Loan?
Yes, we have quite a few veterans and we leave in work on discount enrollment for veterans
What do you do about the banks not willing to finance unless you've already built one house? I've come across this. Perfect credit and income, 13 years building for other people but I was told this.
Hire a general contractor on your first couple builds to that experience!
We teach this what the pay how to pay options, types of contractor so forth, and so on
Another fantastic video! Thank you!
Thank you, Brandon
invested $120 in the land and earned $116 with the contractor. total minus $4k. correct me if I'm wrong
Why would you pay a Contractor $116,000 is my question to you? Sounds like you can use some help from my team. Schedule a call happy to help you out.
My boyfriend realized he loves building properties and would like to do this for himself as an income wealth builder.
Love to see him crush it
Great video. Only problem is you didn’t factor in the cost of the year 3-5 duplex and fourplexes unless you assuming ppl have 700k-1m lying around to pay for the builds cost obviously it wasn’t financed.
These are simple short form underwriting. Financing will vary. Can get you a PhD in a 15 minute video. Unfortunately but those willing to learn which we have thousands of them all over the country we can help you extensively understand exact underwriting, numbers, values, and profitability forward and backwards education and knowledge his key
Follow my live webinars
Tough to cover A to Z get n one video but is all on UA-cam. Keep following
You forgot a step in year two after only selling only one house, you begin your online course and become an online guru passive income😂 jk