These are the steps we follow ever single time we look at a piece of land that we want to develop into multifamily. We only build big complexes (100+ units) now, but these items still apply to smaller complexes like a 4-plex. In this video we'll cover:
1. What makes a good piece of land for multifamily 2. Architecture 3. Pre-development meeting 5. HOA & Neighbors 6. Underwriting the numbers before you build 7. Soft Costs: engineering, utilities, etc. 8. Hard Costs: construction & etc.
Meet me LIVE in Las Vegas on Nov. 3 to 5 at Build Wealth Summit! Past speakers include Cody Sperber, Cole Hatter, Eric Thomas, Dan Bilyeu, Jen Gottlieb, and more. Tickets on sale now:
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 develope 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.
