Joint Ventures and Building Communities with J Myers

Jerome Myers, also known as “J”, is a developer of people and place, an engineer, real estate entrepreneur, an expert in multifamily, investor, educator, coach, and the host of the podcasts DreamCatchers and Myers Methods Presents Multifamily Missteps. J is the founder and the Chief Inspiration Officer of DreamCatchers and the Myers Development Group, who built a multi-million-dollar portfolio following the principles of Myers Method - a real estate education company created to educate investors on his 4-step process to owning and operating apartments.

KEY POINTS

Why engineers make great multifamily investors
How to start in multifamily investing with no experience
Joint venture model versus Syndication
Why it’s an opportunity to be turned down by banks
The process of Myers Method (4Fs)
Mistakes to avoid when starting out in joint ventures
The 4 challenges of every investor to overcome
The power of using leverage in real estate
Why invest in multifamily real estate
Landlords responsibilities to their tenants & sense of community

LIGHTNING QUESTIONS

What was your biggest hurdle getting started in real estate investing, and how did you overcome it? -

J couldn’t get into the game because he didn’t know anybody and he didn’t have the experience. J went out and met with people who were already in the field and learned from them.

Do you have a personal habit that contributes to your success?