JF2644: What One CRE Investor Did to Survive--and Conquer--the 2008 Recession with Jerome Maldonado

<p><span style="font-weight: 400;">Jerome Maldonado was nearing the end of his retail center construction and about to start developing office condos when the 2008 recession hit. Overnight, his bank stopped all funding, leaving him without the remaining $300,000 needed to complete the project. Jerome takes us through his journey of navigating the recession and how he managed to pull through and succeed with his property.</span></p> <p><span style="font-weight: 400;">Jerome Maldonado Real Estate Background</span></p> <div style="margin-left: 2em"> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Full-time Commercial Real Estate Investor</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">20+ years of experience</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio consist of 400 real estate transactions between buy/hold, flip, development, and more</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in Albuquerque, NM</span></li> </ul> </div> <p> </p> <ul> <li style="list-style-type: none;"> <ul> <li aria-level="1"><strong><span style="font-weight: 400;">Say hi to him at:</span> <a href= "http://www.jeromemaldonado.com"><span style= "font-weight: 400;">www.jeromemaldonado.com</span></a><span style= "font-weight: 400;"> </span></strong></li> </ul> </li> </ul> <p> </p> <p><span style="font-weight: 400;">Check out our previous episode with Jerome,</span> <a href= "https://joefairless.com/podcast/jf2562-7m-in-less-than-2-years-with-jerome-maldonado/"> <span style="font-weight: 400;">JF2562: $7M in Less Than 2 Years with Jerome Maldonado.</span></a></p>