EP239 How He Fixes Broken Apartments with Jerome Myers

Published: Aug. 3, 2020, 5 a.m.

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My guest today is a big fan of the Keanu Reeves movie \\u201cThe Matrix\\u201d, and he believes that most people really are living in the Matrix and it\\u2019s his job to help them escape. He does this by teaching them the benefits of multifamily and apartment real estate investing

Since leaving a successful corporate America career, Jerome Myers has become a thought leader in the multifamily development space.\\xa0 Jerome leads The Myers Development Group which focuses on buying broken apartment building businesses and using innovative thinking and solid execution strategies to optimize the operational efficiency of the business.\\xa0

Jerome asset manages 90 units and 90,000 square feet of workforce housing across Virginia and North Carolina and he\\u2019s on a mission to hold 1,000 doors in the next 8 years.\\xa0 He also hosts the podcast \\u201cMyers Methods Presents Multifamily Missteps\\u201d.

Today Jerome will take us through the process of acquiring, rehabbing and profiting from two of his multifamily properties, and we\\u2019ll also discuss why he prefers Joint Ventures over Syndications, why it\\u2019s so important to know how to convey the \\u201cStory\\u201d when applying for a loan, and how critical it is to establish a relationship with your lenders.

I know you\\u2019re going to enjoy and benefit from listening to this conversation with Jerome.\\xa0 You can contact Jerome through: https://www.jeromemyers.co

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