Is Fix and Flip a Bad Idea?
Manage episode 426970122 series 3559097
In this insightful episode, Paul Neal sits down with the seasoned real estate investor and developer, Jerome Maldonado, who has over 30 years of experience in the industry. Jerome shares his incredible journey from working at a grocery store to becoming a successful real estate investor and author. We dive deep into why Jerome believes the traditional "fix and flip" model is not the best strategy for building long-term wealth and explore more effective approaches to real estate investment.
Key Highlights:
--Jerome's early career and transition into real estate
--The pitfalls of the fix and flip model
--Building wealth through strategic long-term investments
--Navigating market corrections and economic downturns
--Tips for aspiring real estate investors
Don't miss this episode filled with valuable advice and lessons from Jerome's extensive career in real estate. Whether you're a seasoned investor or just starting out, there's something for everyone!
Connect with Jerome Maldonado: https://jeromemaldonado.com/
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