In this episode, we talk with Jerome Myers about multifamily investing and we uncover how he was able to build a multi-million dollar real estate portfolio in three years.
We also dig deeper into the reason why he prefers the smaller multifamily units, and his process and strategies for finding a good small or intermediate multifamily project (you’ll be surprised with Jerome’s strategy!).
In addition, we ask Jerome Myers what are some key metrics used in analyzing a potential deal, and his due diligence process in knowing if a contract is a good deal and you will learn a lot of tips on his answers.
As an asset manager, Jerome also breaks down his tips on managing the manager. He also shares how close he looks at the market and submarket he’s buying in and what are some of the main factors that he considers to make sure he buys in the right area.
Finally, Jerome graciously shares the most important skills needed for a successful real estate investor. Plus, he also provides his top 20 % of his activities that delivers results.
Jerome Myers (a/k/a “J”) is a developer of people and places. He is the founder and Chief Inspiration Officer of DreamCatchers and The Myers Development Group.
Through these entities he gets to live out his childhood dreams of helping people manifest the things they imagine and create social proof that dreams should be real.
Since leaving corporate America after building a 20MM division, J has become one of the most sought after thought leaders in the multifamily development space. His company, The Myers Development Group, built a multi-million-dollar portfolio following the principles of Myers Methods.
Read more about Jerome Myers here: https://www.jeromemyers.co/lead-magnet1589065232830
Get to know the Myers Method here: https://www.myersmethods.com/home