Jerome Maldonado real estate developer training

[Leslie LaBranche]

Hello all,

I'm interested in taking the real estate developer training with Jerome Maldonado here is a link to his website https://jeromemaldonado.com/ I want to know if anyone has taken the course and what was your experience with it?

[Brikkelle Thompson]

My husband and I joined Jerome Maldanado's Build Wealth Mastermind program, as 12 month program that cost $20K. First, know that Jerome is exceptionally knowledgeable on buying land and building SFR, MFR, and apartment buildings.

We just withdrew our membership to the program for a full refund. The program is not what we had hoped for. It lacks organization, members are logged into WhatsApp and the community is expected to support one another. We also receive access to a library of Jerome's videos to watch and learn from. Most, if not all, can be found on You Tube. Many questions have been posed on WhatsApp that took staff several days to respond to, if they responded at all. There are 2 group calls per month with Jerome leading the call; it is scheduled at 2 pm PST (not ideal for most people regardless of time zone), Jerome was always late, there is no agenda or plan for the call, his phone reception was interrupted constantly to the point that his line would drop, and each call has ended abruptly with Jerome saying he had another commitment he had to get to. As members in this program we didn't feel like we were a priority.

There are other programs available to support your RE investing journey. I would not recommend this one. Good luck with your business!

[Dan Zambrano]

Quote from @Brikkelle Thompson:

My husband and I joined Jerome Maldanado's Build Wealth Mastermind program, as 12 month program that cost $20K. First, know that Jerome is exceptionally knowledgeable on buying land and building SFR, MFR, and apartment buildings.

We just withdrew our membership to the program for a full refund. The program is not what we had hoped for. It lacks organization, members are logged into WhatsApp and the community is expected to support one another. We also receive access to a library of Jerome's videos to watch and learn from. Most, if not all, can be found on You Tube. Many questions have been posed on WhatsApp that took staff several days to respond to, if they responded at all. There are 2 group calls per month with Jerome leading the call; it is scheduled at 2 pm PST (not ideal for most people regardless of time zone), Jerome was always late, there is no agenda or plan for the call, his phone reception was interrupted constantly to the point that his line would drop, and each call has ended abruptly with Jerome saying he had another commitment he had to get to. As members in this program we didn't feel like we were a priority.

There are other programs available to support your RE investing journey. I would not recommend this one. Good luck with your business!

 I was considering the mentlring befkre reading these reviews. What other courses specifically would folks recommend for building sfh?

[Dan Zambrano]

Thanks for all of those that provided constructive feedback. I was strongly considering joining before I read this, now I am going to go the hard route, but probably best to just stay active on here and go the extra effort to network with accomplished developers in my area. Loving this community....

[Kamari Eason]

Quote from @Clarence Swift:

Quote from @Joe S.:

Quote from @Justin Perez:

Hey Leslie!

I Joined Jeromes Buying land and building homes program back in 2019

Heres my opinion on my experience....

First and foremost He offers two different programs. a 6 month program and a 12 month program.

BOTH PROGRAMS ARE EXACTLY IDENTICAL THE ONLY DIFFERENCE IS:

You can choose to have the weekly mentoring by Jerome once a week for 6 months or 12 months on a zoom call and you can have access to a private networking group of real estate professionals whether that be (realtors, contractors, brokers, Private/Hard money lenders, loaning institutions, Surveyors, Engineers, Zoning Board members in different municipalities, pretty much anyone you would need to get a project completed) for either 6 months or 12 months.

6 month program will run you $5,997 if you decide to pay all at once

or you can make a $2,300 payment every 2 months totaling $6,900

12 month program will run you $9,997 if you decide to pay all at once

or you can make a $3,000 payment every 3 months totaling $12,000

I decided to join the one year program and chose the payment option as i figured within 6-8 months i would have my 1st project completed therefor my last two payments would essentially be covered by the return on investment from that project.

PROS:
The group is really a family oriented space where you meet a vast variety of people from all types of background throughout the country and other countries that are doing business just like you. Everyone is truly your team member and not your competition. I have been able to take my real estate portfolio to a level in which i really didn't think possible and educate myself on so many things not only in real estate but in creating wealth throughout the power of networking with others that have experience and proven track records in other types of businesses. I honestly would be here all day about Pros.

CONS:
Not every single state has dozens of contacts at your access but majority of states do.

I wish i would've started when i was 18.

NOW THE BIG QUESTION IS IT WORTH IT? 

In my opinion it was well worth every penny. I'am now on my 4th year with Jerome but no longer am in the 12 month course. instead last year i joined another private group Jerome offers to students that have been apart of the program for a minimum of one year which is running me $30,000 a year which includes another course that dives in deep mostly with Muti-family apartment complexes, Manufacturing warehouses, Commercial Property and even High Rise skylines for people looking to scale their real estate portfolio to a massive level and attain nine figures.

I Hope this helps if you have any specific questions or are thinking about joining the program I don't mind referring you to someone! Good luck and much success to you in your real estate business!

 I’m not sure if you’re a real poster or you are part of Jeromes marketing team. If you’re a real poster, they need to give you some sort of commission on the sales you bring in. 🧐🤓

 I enrolled  in his course  this time last year. Since then I've bought two apartment complexes and will be building additional units on them using knowledge  and processes learned for Jerome and his colleagues. If you are worried about the price then the program isn't for you  but just consider you spend 4 years and about 50 to 100k+ to get a degree that pays you around 75k. This training can make you a multi millionaire  at best or put 50 to 100k+ in your pocket every year part time.  The house build  course is pretty straight forward  and walks you like a baby through  every step from finding the land and entitling it to building and selling. The multi family course  is a bit more complicated  and costly but it's worth it price too.  These are pics from the build wealth summit the tickets  were 8 dollars in Vegas.  And no I'm not a team member  of Jerome. I'm a black country boy from tuskegee alabama  that don't mind promoting someone  that actually has a course and community  of investors  that's worth much more then the money you will pay for a course

This was the review I needed, any tips to make the best out of the program and did you have to use a lot of your own capital to get started in the construction process or was the network of private lenders. helpful enough.

[Clarence Swift]

Quote from @Kamari Eason:

Quote from @Clarence Swift:

Quote from @Joe S.:

Quote from @Justin Perez:

Hey Leslie!

I Joined Jeromes Buying land and building homes program back in 2019

Heres my opinion on my experience....

First and foremost He offers two different programs. a 6 month program and a 12 month program.

BOTH PROGRAMS ARE EXACTLY IDENTICAL THE ONLY DIFFERENCE IS:

You can choose to have the weekly mentoring by Jerome once a week for 6 months or 12 months on a zoom call and you can have access to a private networking group of real estate professionals whether that be (realtors, contractors, brokers, Private/Hard money lenders, loaning institutions, Surveyors, Engineers, Zoning Board members in different municipalities, pretty much anyone you would need to get a project completed) for either 6 months or 12 months.

6 month program will run you $5,997 if you decide to pay all at once

or you can make a $2,300 payment every 2 months totaling $6,900

12 month program will run you $9,997 if you decide to pay all at once

or you can make a $3,000 payment every 3 months totaling $12,000

I decided to join the one year program and chose the payment option as i figured within 6-8 months i would have my 1st project completed therefor my last two payments would essentially be covered by the return on investment from that project.

PROS:
The group is really a family oriented space where you meet a vast variety of people from all types of background throughout the country and other countries that are doing business just like you. Everyone is truly your team member and not your competition. I have been able to take my real estate portfolio to a level in which i really didn't think possible and educate myself on so many things not only in real estate but in creating wealth throughout the power of networking with others that have experience and proven track records in other types of businesses. I honestly would be here all day about Pros.

CONS:
Not every single state has dozens of contacts at your access but majority of states do.

I wish i would've started when i was 18.

NOW THE BIG QUESTION IS IT WORTH IT? 

In my opinion it was well worth every penny. I'am now on my 4th year with Jerome but no longer am in the 12 month course. instead last year i joined another private group Jerome offers to students that have been apart of the program for a minimum of one year which is running me $30,000 a year which includes another course that dives in deep mostly with Muti-family apartment complexes, Manufacturing warehouses, Commercial Property and even High Rise skylines for people looking to scale their real estate portfolio to a massive level and attain nine figures.

I Hope this helps if you have any specific questions or are thinking about joining the program I don't mind referring you to someone! Good luck and much success to you in your real estate business!

 I’m not sure if you’re a real poster or you are part of Jeromes marketing team. If you’re a real poster, they need to give you some sort of commission on the sales you bring in. 🧐🤓

 I enrolled  in his course  this time last year. Since then I've bought two apartment complexes and will be building additional units on them using knowledge  and processes learned for Jerome and his colleagues. If you are worried about the price then the program isn't for you  but just consider you spend 4 years and about 50 to 100k+ to get a degree that pays you around 75k. This training can make you a multi millionaire  at best or put 50 to 100k+ in your pocket every year part time.  The house build  course is pretty straight forward  and walks you like a baby through  every step from finding the land and entitling it to building and selling. The multi family course  is a bit more complicated  and costly but it's worth it price too.  These are pics from the build wealth summit the tickets  were 8 dollars in Vegas.  And no I'm not a team member  of Jerome. I'm a black country boy from tuskegee alabama  that don't mind promoting someone  that actually has a course and community  of investors  that's worth much more then the money you will pay for a courseThis was the review I needed, any tips to make the best out of the program and did you have to use a lot of your own capital to get started in the construction process or was the network of private lenders. helpful

 So i started off on the program focused on building houses. Later i found out I actually wanted the class focused on building apartments.   Because I had already purchased  the house building courses I got a nice  discount  on thw course I wanted.  Since thw course upgrade I have entitled and acre  to have 24 apartments units on it.   I learned the entire process of entitlement from jerome.  Entitlement is the process of getting municipality authorization  to build a specific  structure  on a specific peace of land for a particular  reason.  Once entitled( with it is)I can now sell the land I bought for 55k for several hundred dollars and if a get building permits  I can sell for substantially  higher. I will build the 24units though.   If money is an issue I would tell you to take the course that is about building and flipping houses.  The course is not expensive.   If your credit ****** you need to hit up creditrepair.com or some other credit repair  company  and work on getting yp to about a 680 or more with you learning  from jerome.   While you building your score you will be looking for land to buld a home on and jerome will be telling you how to go about finding best location to buld the house the best criteria  to use to pick that locTion and thw price point you want to pay. This is called underwriting.   So you will work on your credit while learning to underwrite deals.  By time your credit is straight  you should be a master at underwriting and have identified  a few properties  ypu think are suitable.  If you got your credit decent you can start soft shopping for conventional/fha home loans if you didnt do so well improving  your credit this is where you start looking for private  lenders, partners and investors. Luckily you will be in a class and larger group of investors and future investors looking for a good deal to participate in.  If you are strapped for cash  this is a great place to bring a good deal and get it funded.    I said all that to say this its several folk in both classes that have spent money and time and will get nothing out of it . Its also several folks that spent their money and have become  successful  at building houses and apartments and entitling land. It just a matter of learning the info and doing the leg work of going out finding and talking to the people you need to talk to and emplimenting what you have learned. The hardest part is finding the right people  to talk to i.e sellers, lenders, contractors, and not stopping until you find them the rest will fall into place because you have thw info in your head and a mentor(jerome) that will guide you when you get your deal rolling. I hope that helps some.  

[Nate Marshall]

I need to

research this guy and his program more. When I hear of new gurus I feel like Red... 

[Haijin Wu]

Quote from @Ken Williamson:

Quote from @Shawn Fletcher:

Hi Leslie, Did you move forward with RE Developer Training offered by Jerome Maldonado. I've been giving lots of thought buying a lot for build and sale of a SFR, and would like to touch base with like minded folks.

Thank you,

Shawn

 I was in the 6 month program and paid $5000. Didn’t get any value from it due to not being able to be on almost all the zoom calls due to my job. I guess that’s my fault for having to work during the times when the calls are scheduled.I Feel his program should’ve been billed for actual calls that you attended vs 6 to 12 months and you’re out. The zoom calls are packed with other wanna be aspiring developers/investors trying to ask him questions. Never once did anyone from his staff call and ask why I wasn’t getting on the calls that I paid to be on if there were problems etc etc. However they did call and ask me to give a good review and once they removed me from the WhatsApp and no longer allowed to network with other individuals from the group they have called trying to get me to sign back up for even more money. I found way better courses since then that actually go over what it takes to build a home for way less money! I’m sure there are a few successes stories in his group but for the majority of people that get in his group they are just wasting their money! You can get most of what he talks about for free on YouTube. And not to mention that once your out of the group you lose access to the zoom calls that you paid to be on so no going back and reviewing them! 

Hi Ken, would you be willing to share the course/instructor name that helped you go over the new build process? Appreciate it!

[Marcus Gonzalez]

Quote from @Jay Hinrichs:

Quote from @Stuart Udis:

I am always skeptical of these real estate "gurus" and course providers. If you are going to pay for mentorship, find an experienced operator in your market or better yet, offer to invest in the experienced operators projects and get an inside look at their process and systems. This way you learn and make a return on your money. These course providers tend to sell their customer base on  unrealistic expectations or teach the most basic of concepts which are easily picked up through a book or merely browsing through these forums. 

its all great on the surface.. but where is the financing coming from for ground up ???  Folks with zero experience unless that have CASH to buy the land and build are not going to do anything with the information without financing and well vertical development financing is basically not available  for beginners. So my thought is before you spend money on how to run entitlement work and build a home get your financing in order first without it just wasting money.  Even most HML will not fund if you have zero experience  maybe some will do easy fix and flip type projects that anyone can figure out how to put back together but new construction NO WAY.  Save your money until you get financial backing of some sort.

 Agreed, I was looking into Jeromes Workshop but the financing issues always comes to mind. I'm based in Vegas and was looking into lenders and financing options. Most want experience, coupled with personal/business credit. I am looking into different avenues to counter this experience barrier but I figured that unless you partner up with someone that has that experience then you maybe SOL. 

[Jay Hinrichs]

Quote from @Clarence Swift:

Quote from @Kamari Eason:

Quote from @Clarence Swift:

Quote from @Joe S.:

Quote from @Justin Perez:

Hey Leslie!

I Joined Jeromes Buying land and building homes program back in 2019

Heres my opinion on my experience....

First and foremost He offers two different programs. a 6 month program and a 12 month program.

BOTH PROGRAMS ARE EXACTLY IDENTICAL THE ONLY DIFFERENCE IS:

You can choose to have the weekly mentoring by Jerome once a week for 6 months or 12 months on a zoom call and you can have access to a private networking group of real estate professionals whether that be (realtors, contractors, brokers, Private/Hard money lenders, loaning institutions, Surveyors, Engineers, Zoning Board members in different municipalities, pretty much anyone you would need to get a project completed) for either 6 months or 12 months.

6 month program will run you $5,997 if you decide to pay all at once

or you can make a $2,300 payment every 2 months totaling $6,900

12 month program will run you $9,997 if you decide to pay all at once

or you can make a $3,000 payment every 3 months totaling $12,000

I decided to join the one year program and chose the payment option as i figured within 6-8 months i would have my 1st project completed therefor my last two payments would essentially be covered by the return on investment from that project.

PROS:
The group is really a family oriented space where you meet a vast variety of people from all types of background throughout the country and other countries that are doing business just like you. Everyone is truly your team member and not your competition. I have been able to take my real estate portfolio to a level in which i really didn't think possible and educate myself on so many things not only in real estate but in creating wealth throughout the power of networking with others that have experience and proven track records in other types of businesses. I honestly would be here all day about Pros.

CONS:
Not every single state has dozens of contacts at your access but majority of states do.

I wish i would've started when i was 18.

NOW THE BIG QUESTION IS IT WORTH IT? 

In my opinion it was well worth every penny. I'am now on my 4th year with Jerome but no longer am in the 12 month course. instead last year i joined another private group Jerome offers to students that have been apart of the program for a minimum of one year which is running me $30,000 a year which includes another course that dives in deep mostly with Muti-family apartment complexes, Manufacturing warehouses, Commercial Property and even High Rise skylines for people looking to scale their real estate portfolio to a massive level and attain nine figures.

I Hope this helps if you have any specific questions or are thinking about joining the program I don't mind referring you to someone! Good luck and much success to you in your real estate business!

 I’m not sure if you’re a real poster or you are part of Jeromes marketing team. If you’re a real poster, they need to give you some sort of commission on the sales you bring in. 🧐🤓

 I enrolled  in his course  this time last year. Since then I've bought two apartment complexes and will be building additional units on them using knowledge  and processes learned for Jerome and his colleagues. If you are worried about the price then the program isn't for you  but just consider you spend 4 years and about 50 to 100k+ to get a degree that pays you around 75k. This training can make you a multi millionaire  at best or put 50 to 100k+ in your pocket every year part time.  The house build  course is pretty straight forward  and walks you like a baby through  every step from finding the land and entitling it to building and selling. The multi family course  is a bit more complicated  and costly but it's worth it price too.  These are pics from the build wealth summit the tickets  were 8 dollars in Vegas.  And no I'm not a team member  of Jerome. I'm a black country boy from tuskegee alabama  that don't mind promoting someone  that actually has a course and community  of investors  that's worth much more then the money you will pay for a courseThis was the review I needed, any tips to make the best out of the program and did you have to use a lot of your own capital to get started in the construction process or was the network of private lenders. helpful

 So i started off on the program focused on building houses. Later i found out I actually wanted the class focused on building apartments.   Because I had already purchased  the house building courses I got a nice  discount  on thw course I wanted.  Since thw course upgrade I have entitled and acre  to have 24 apartments units on it.   I learned the entire process of entitlement from jerome.  Entitlement is the process of getting municipality authorization  to build a specific  structure  on a specific peace of land for a particular  reason.  Once entitled( with it is)I can now sell the land I bought for 55k for several hundred dollars and if a get building permits  I can sell for substantially  higher. I will build the 24units though.   If money is an issue I would tell you to take the course that is about building and flipping houses.  The course is not expensive.   If your credit ****** you need to hit up creditrepair.com or some other credit repair  company  and work on getting yp to about a 680 or more with you learning  from jerome.   While you building your score you will be looking for land to buld a home on and jerome will be telling you how to go about finding best location to buld the house the best criteria  to use to pick that locTion and thw price point you want to pay. This is called underwriting.   So you will work on your credit while learning to underwrite deals.  By time your credit is straight  you should be a master at underwriting and have identified  a few properties  ypu think are suitable.  If you got your credit decent you can start soft shopping for conventional/fha home loans if you didnt do so well improving  your credit this is where you start looking for private  lenders, partners and investors. Luckily you will be in a class and larger group of investors and future investors looking for a good deal to participate in.  If you are strapped for cash  this is a great place to bring a good deal and get it funded.    I said all that to say this its several folk in both classes that have spent money and time and will get nothing out of it . Its also several folks that spent their money and have become  successful  at building houses and apartments and entitling land. It just a matter of learning the info and doing the leg work of going out finding and talking to the people you need to talk to and emplimenting what you have learned. The hardest part is finding the right people  to talk to i.e sellers, lenders, contractors, and not stopping until you find them the rest will fall into place because you have thw info in your head and a mentor(jerome) that will guide you when you get your deal rolling. I hope that helps some.  

getting entitlements and build are to completely different things.. And entitlement cost can vary greatly.. from say minimum 50k and you need the money to over 1 mil per project.. this simply is not realistic especially if you have to go to credit repair LOL.. I mean come on.. this is big boy/ girl deals.. best one can do if they are cash challenged or credit challenged is somehow talk thier way into a contract and flip it.

[Matt Galindo]

Quote from @Brikkelle Thompson:

My husband and I joined Jerome Maldanado's Build Wealth Mastermind program, as 12 month program that cost $20K. First, know that Jerome is exceptionally knowledgeable on buying land and building SFR, MFR, and apartment buildings.

We just withdrew our membership to the program for a full refund. The program is not what we had hoped for.

Ha at least you got a full refund! Most programs I see out there, you're $hit out of luck getting your money back. 

[Travis Moffat]

A good friend of mine convinced me to buy a ticket for one of Jerome Maldonado’s speaking events. I’ve been interested in real estate for a while, so the event sparked my interest, but I’m also aware that there are a lot of scammers and “hucksters” out there who simply take your money and don’t offer much in return. I wanted to see if he was legitimate or not, so I did my due diligence. 

[Nate Marshall]

Quote from @Travis Moffat:

A good friend of mine convinced me to buy a ticket for one of Jerome Maldonado’s speaking events. I’ve been interested in real estate for a while, so the event sparked my interest, but I’m also aware that there are a lot of scammers and “hucksters” out there who simply take your money and don’t offer much in return. I wanted to see if he was legitimate or not, so I did my due diligence. 

 What did you find out? 

[Travis Moffat]

@Nate Marshall I put my notes in a Microsoft Word document. Here's the link:
Jerome Maldonado Research.docx

[Marcus Gonzalez]

Good to know. I get the same vibes from him. 

[Chris Seveney]

There is no guru or course on the planet that can teach you real estate development in the span of days or weeks

Someone can teach your college level 101 stuff but I would love to see how these courses tell you how to interact with planning and zoning boards, how to negotiate proffers, how to deal with disgruntled neighbors and community members. How to hire a design team, what to look for - do you run all the agreements under the architect or separate and why…..

To me anyone going into a this type of program is going to be disappointed.

[Nate Marshall]

Quote from @Chris Seveney:

There is no guru or course on the planet that can teach you real estate development in the span of days or weeks

Someone can teach your college level 101 stuff but I would love to see how these courses tell you how to interact with planning and zoning boards, how to negotiate proffers, how to deal with disgruntled neighbors and community members. How to hire a design team, what to look for - do you run all the agreements under the architect or separate and why…..

To me anyone going into a this type of program is going to be disappointed.

 What Chris said X100!!!!