5 Tips for Building a Fourplex Real Estate Investment

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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.

[WildChair-ryty]

Incredible info, thank you Jerome. As a real estate rookie, this was very eye-opening. I'll be joining that inner circle very soon.

[sarachristian]

This is all new to me but good information. Thanks.
I just found out you can buy/build a quadplex as a residential multifamily property, living in it while renting out 3 of the units to pay the mortgage and the other expenses plus make a living on it.
I'm interested in building a fourplex because I like it to be brand new and designed it so everyone would be happy and comfortable.
I've always lived in apartments and am always remodeling them in my head, and there's never enough storage.
I'm checking out how to get started even with no experience and very little money. I think maybe I can make it work here in california. Townhouses with a garage sound like a good idea.

[crypto_ai_v]

How do you parcel all units individually? What office does that? And do you tell the lender you want terms of a break-away loan?

[AmandipSingh-nfpo]

Hey Jerome, This is exactly what I was thinking about doing! But I have a question, I wanted to use my VA loan to build the 4-plex. Will a VA loan allow me to parcel the land prior too for individual sale later. My original thought was build a 4-plex but build to townhome/condo code and when I'm ready sell parcel land then.

[FahamivuAmun]

💎💎💎 your dropping gems! No fluff! Thankful I ran across your content!!!

[kimberiysmarketstrategy]

What do you think about doing this in California with a VA loan. What % will we need?

[kimberiysmarketstrategy]

Are there "land agents?" Where they 7:35 survey the land to see what we will need to build? ( or if its too hard to build or cost prohibitive?)

[thetechstack]

Great info and your idea about building individual blocks instead of everything in a single block is great. To build them as a seperate parcel do we need to keep an open space between each block?

[ysllife]

Great informative video .. I’m curious on how the banks would
Qualify me for . Rn by myself I prequalify for 275k

[davidoneil]

Thanks Jerome great information keep up the good work

[mikejr]

Bang💥 bruh! You did your thing again on this

[Kozzi]

Thank you for being so straightforward and make it easier to understand. You are amazing!!

[xrpprince]

this is good, , problem is, , banks wont lend if you are not a contractor or a general ? correct ? and that too a duplex is out of question

[markeldcarter]

Thank you. Definitely gives me more confidence to do this.

[MasotaMau]

In the processes of getting a loan for a four plex, here in El Paso Texas. Im a Roofing Contractor if you ever need a bid im here . or property checked out . Masota Construction.
thank you for the videos

[ufkeys]

Man maybe yo might have some advice for me. My network is 150k, I do have excellent credit, but my job history is not good. What would you do if you were me to get into this 4 plex business? Great channel, by the way.

[Resto]

Wait i didnt know you could actually do that when building a multiple units

[TheZeedler]

My goal is to build one of these next year. I'm going to do a live-in loan. I got 5% on it.

[aarongullion]

I was just talking to my loan officer friend about this idea last wk. lol

[tyjameson]

Jerome is a high end flipper 🙌🏾🙏👏🏿❤️👍🔥he loves Tai 👎🏾