Jerome Maldonado is a business owner and real estate investor. From humble beginnings, he was able to build what is now a multimillion-dollar name for himself. In this episode, Jerome discusses what the 2008 recession taught him (and how he survived it), the importance of scaling, why there is security in large numbers, what he believes people are looking for in affordable housing right now, and why it is time to get rid of your ‘get rich quick’ ideas. You will hear Jerome’s 2023 real estate predictions, the impact of an almost catastrophic car crash, how he is able to spot an opportunity and monetize it, and the different ways in which he can problem-solve in challenging business and economic situations. Investing in both commercial and private real estate and having experience in retail development and construction, this episode is full of motivation, encouraging advice, and inspiring insight you won’t want to miss!
Key Points From This Episode:
- Some important milestones that led to Jerome's business success.
- Jerome’s experiences during the 2008 recession.
- Businesses and real estate Jerome has invested in.
- Jerome’s business experiences owning and leasing franchise stores.
- A look at the affordable housing model Jerome uses.
- Why there is more to Jerome’s story than the audience knows.
- When investors are able to take ownership of businesses.
- How Jerome’s problem-solving and solution-based thinking have led to his success.
- Jerome's parents: his inspiration for working hard and the lessons they taught him.
- How an almost catastrophic car crash has been a point of reflection in Jerome’s life.
- Jerome’s words of advice for new investors.
- The power and importance of mindset and Jerome’s tips for strategic investing.
- Jerome’s relationship, experiences, and advice for overcoming fear.
- Attributes/traits that Jerome believes create success.
- What Jerome believes makes a successful business partnership.
Links Mentioned in Today’s Episode:
Vertical Street Ventures National Conference
Passive Income Through Multifamily Real Estate Facebook Group
