The Short Term Show Mechanics of Micro Units and Franchises with Jerome Maldonado
Jerome Maldonado is a highly successful real estate investor, business owner, coach and speaker. He is an expert in the distressed hotel investment industry, as well as in owning franchises and owning rentals through third-party management companies. Jerome found the traction and confidence which has allowed him to do millions upon millions of dollars in residential and commercial real estate transactions and holdings. Over the span of his 20-year career, Jerome has done over $200 million in in-house transactions, with another $52 million in 2021 alone.
Avery and Jerome speak about the inner workings of turning distressed hotels into rental units, as well as the different types of markets that these units might appeal to. They also delve into Jerome’s expertise into working with a municipality, asset class considerations and the appeal of micro units. Jerome shares his plethora of knowledge within niche areas of the real estate market and how to set yourself up for sure success.
Key Topics
- Tips in distressed hotel investing
- Benefit of working within specific asset classes
- How to turn hotel rooms into multi-family units
- What rehabbing units looks like
- How to deal with municipality, and zoning
- Areas where micro units are most attractive
- Tips for managing franchises
- How to deal with compression
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