You need to know these 2 things before starting in multi-family development…
The values of multifamily properties have gone up over the last few years, but so have interest rates.
That means not only is the property itself more expensive, but the cost of the loan from the bank is as well.
Since that only leaves developing multi-family properties, there are 2 things you should know first.
1. Know what your build cost and cap rate is.
2. Know what rents it will take to make the build profitable
Follow my account for my tips, tricks, and strategies in real estate and real estate development:
Follow 👉🏻 @thejeromemaldonado
Follow 👉🏻 @thejeromemaldonado
Follow 👉🏻 @thejeromemaldonado
Compound your success!
The quickest way to make real estate profits right now is LAND.
Watch our free webinar on how to turn Dirt into Dollars by entitling & subdividing land at the link below:
💻 NEW Free Training: Turn Dirt to Dollars (Land Investor)
[ Ссылка ]
💻 Free Training - How To Buy Land and Build a House:
[ Ссылка ]
Jerome Maldonado is a 25+ year veteran in the real estate investing industry. 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.
👍 SUBSCRIBE for more videos on real estate investing. Compound your success!
💻 GET COACHING AND LEARN MORE:
[ Ссылка ]
🔵 NETWORK WITH OUR FACEBOOK MENTORSHIP GROUP:
[ Ссылка ]...
CONNECT ON SOCIAL MEDIA:
📣 Instagram: [ Ссылка ]...
📣 Facebook: [ Ссылка ]...
📣 Twitter: [ Ссылка ]
📣 Linkedin: [ Ссылка ]
---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.
Ещё видео!