Many of the people that have gotten wealthy will tell you that one of the most effective vehicles to get there is real estate investing. The great thing about real estate is the fact that even though you might get it wrong a few times, when you do your due diligence, the returns are amazing. One man that has learned how to invest in real estate the hard way is Jason Halpern and through his experience, he has become the busiest business man in the entire western hemisphere. Jason currently operates between New York, Miami and has a company with a capital base of half a billion dollars.
There are many companies that he has collaborated with to create the property that is part of his portfolio. These include Madden Real Estate and the projects that they did together, The Aloft South Beach Miami project that was finished two years ago. Currently, his company is planning to convert the Wild Turkey Bourbon building into condos. According to the agreement, the company will make 338 condo units from the current building. Jason has also in the past teamed up with Madison and purchased the Brooklyn Heights Cinema to make condos out of it.
He confides that he has had a few setbacks when he was investing. One of the most memorable of these setbacks for him was watching a major deal that had cost him a lot debacle at the last minute. He states that these are the failures that make an investor tough. Through mistakes, he has learned to make better investment choices.
Jason’s father was a real estate developer too. He worked for his father before setting out on his own. When Jason is not busy working, he really enjoys staying at home and spending quality time with his family. He has a son that he really enjoys engaging in activities such as car racing and others. There was a time that he wanted to be taking part in car racing as a hobby, but being the busy man that he is in business, this has been put in the backseat for now.