Real estate investor and entrepreneur Jerome Maldonado is here to talk about building wealth, good debt vs. bad debt, and how to take advantage of business opportunities during times of financial distress.
On this episode of Investing in Real Estate, Jerome is sharing his best business insights. You’re going to learn about building wealth during a pandemic, how to evaluate debt, the future of the economy, and much more!
On this episode you’ll learn:
- Jerome’s entrepreneurial background.
- The difference between good debt and bad debt.
- The biggest thing holding new investors back.
- And more!
Jerome’s Entrepreneurial Background
Jerome Maldonado is a real estate investor, entrepreneur, and business coach. Jerome has built an eight-figure business, and his personalized real estate coaching program helps investors build their businesses from the ground up.
The Difference Between Good Debt and Bad Debt
Jerome wants you to relinquish bad debt, meaning to stay away from financing cars, personal residences, and vacations. Instead, consider leveraging good debt in a way that grows your business. This includes creating assets, buying business expenses, and building cash flow that allows you to live the life you want.
The Biggest Thing Holding New Investors Back
When Jerome works with new investors, he typically identifies one common hangup. Most new investors are not in the right mindset to build wealth. That’s why in his course, Jerome teaches mindset before he teaches real estate.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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