Syndication Made Easy with Vinney (Smile) Chopra
1,562 episodes — Page 27 of 32
How To Take Control of Your Financial Future
Dan Handford is our guest this week. He is a managing partner with PassiveInvesting.com. He has led his apartment syndication company to acquire 2,000+ units with a portfolio valued over $220mil in just under 24 months. Like I said a systems expert. He is also a passive apartment investor himself in 4,590+ units in 19 different syndication investments located across the Southeast USA and Texas. Dan is also the founder of the Multifamily Investor Nation (#MFIN) where he provides free multifamily education to a nationwide group of over 25,000 members. The #MFIN has over 53 meetup groups across the USA and Canada that meets on the first Monday of every month. He also has one of the most popular apartment investing podcasts on iTunes called "Multifamily Investor Nation." There is no fluff on this multifamily podcast and only getting down to the nuts and bolts of deal sources, financing, structuring, investor relations, closing, due diligence, etc. Go to www.MFINPodcast.com to subscribe. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Cultivating a Healthy Mindset (Part 3/3)
Cultivating a Healthy Mindset with Special Guest: Karlene Rose Falco! Karlene Rose Falco, a native of Brooklyn, NY., has worked in the Real Estate Industry for 24 years. Not one to ever back down from a challenge, she directs her courageousness, creativity, and commitment to her business. She's gone from New York to the Bay and now LA. Karlene brings the flavor everywhere she goes! After 20 plus years, Karlene decided it was time to stop playing it safe and made the jump from Property Management to Add Value/ Investment Management. Her current book of business ranges from developers, construction, and management companies that span 10 US markets with over 170 thousand units and 2 billion-plus in assets! When asked why she loves multifamily investing, she responded with- "I have a deep love for multifamily… there's nothing more personal than being in a home. Life happens in your home. I get to bring people together, build a community and give others an opportunity to generate wealth and create a legacy." Karlene's home base is in LA, where she lives with her 16-year-old son. When she's not busy running her business, hosting her real estate investing summits with experts in the field, or advocating for the Black Lives Matter movement. You can find her at her Functional HIIT class with her son deadlifting 160 lbs all while keeping perfect form. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
How to Buy Your First Property in Multi-Family
How do you get a multi-family property with no money? Pick up Vinney's book and find out. Or listen up and pay attention. Vinney goes into how he got his first property and how you can get yours. Are brokers important? Credibility kits are key! Know the language. What percentage are you in closing deals? If you are going to buy your fist multi-family property, then this is the podcast to listen to. - Closing your first deal - Prove your worth - Go big or small? - How many units? - Where do you buy? - Who's money do you use? - Never pay the first price? - Commercial loan manager ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney and Beau Show with Zach Roesinger (Part 2/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Zach specializes in Opportunity Zone real estate acquisitions and third-party capital placements in QSRs (Quick Service Restaurants). ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Ways to Finance Your First Deal in Multi-Family
What do you need to have in place to close your fist commercial property? Well, guys listen up because Vinney gives all the goods to finance your first deal. Learn the tricks of the trade from a multi-family/commercial real estate guru. A great podcast if you are new to the business and trying to get a true understanding of how to finance a multi-family deal. What the banks are looking at and what are you expected to show to the banks? - What is your net worth? - Assets - Liability - Loans - What counts? - Promissory notes - Interest - Qualifications - Taxes ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Cultivating a Healthy Mindset (Part 2/3)
Cultivating a Healthy Mindset with Special Guest: Karlene Rose Falco! Karlene Rose Falco, a native of Brooklyn, NY., has worked in the Real Estate Industry for 24 years. Not one to ever back down from a challenge, she directs her courageousness, creativity, and commitment to her business. She's gone from New York to the Bay and now LA. Karlene brings the flavor everywhere she goes! After 20 plus years, Karlene decided it was time to stop playing it safe and made the jump from Property Management to Add Value/ Investment Management. Her current book of business ranges from developers, construction, and management companies that span 10 US markets with over 170 thousand units and 2 billion-plus in assets! When asked why she loves multifamily investing, she responded with- "I have a deep love for multifamily… there's nothing more personal than being in a home. Life happens in your home. I get to bring people together, build a community and give others an opportunity to generate wealth and create a legacy." Karlene's home base is in LA, where she lives with her 16-year-old son. When she's not busy running her business, hosting her real estate investing summits with experts in the field, or advocating for the Black Lives Matter movement. You can find her at her Functional HIIT class with her son deadlifting 160 lbs all while keeping perfect form. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Having The Right Team In Place
Having the right people in place is extremely important to the success of your syndication business. Vinney goes into detail on what you are looking for when it comes to working with someone and building your team. How having a partner you can trust in your business is the most important. Having a good business partner is worth splitting profit. - Learn from Vinney's mistakes - Who is on your team? - Make sure you and your partner have different strength - How many key partners do you need for your 1st deal? - Spit the weight of syndications - Make sure your partners have experience - Have a 90 day trial period during a new partnership ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney and Beau Show with Zach Roesinger (Part 1/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Zach specializes in Opportunity Zone real estate acquisitions and third-party capital placements in QSRs (Quick Service Restaurants). ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
More Tax More Money
How do taxes affect a multi-family deal? Listen up and find out the tricks of the trade. Is it worth hiring someone to do your taxes? Vinney says it is a necessity. He goes into detail on what depreciates and what doesn't. What is straight-line depreciation? Dirt is dirt! - CAPEX - Depreciation - You don't pay taxes at the LLC level - Income minus expenses - NOI - Paper-loss - K1 - Do's and Don't's ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Cultivating a Healthy Mindset (Part 1/3)
Cultivating a Healthy Mindset with Special Guest: Karlene Rose Falco! Karlene Rose Falco, a native of Brooklyn, NY., has worked in the Real Estate Industry for 24 years. Not one to ever back down from a challenge, she directs her courageousness, creativity, and commitment to her business. She's gone from New York to the Bay and now LA. Karlene brings the flavor everywhere she goes! After 20 plus years, Karlene decided it was time to stop playing it safe and made the jump from Property Management to Add Value/ Investment Management. Her current book of business ranges from developers, construction, and management companies that span 10 US markets with over 170 thousand units and 2 billion-plus in assets! When asked why she loves multifamily investing, she responded with- "I have a deep love for multifamily… there's nothing more personal than being in a home. Life happens in your home. I get to bring people together, build a community and give others an opportunity to generate wealth and create a legacy." Karlene's home base is in LA, where she lives with her 16-year-old son. When she's not busy running her business, hosting her real estate investing summits with experts in the field, or advocating for the Black Lives Matter movement. You can find her at her Functional HIIT class with her son deadlifting 160 lbs all while keeping perfect form. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
How to Qualify for a Larger Loan to Buy Multi-family Properties
Today's show is all about qualifying for a loan in the multi-family business. It is scary to qualify for a big enough loan to buy a multi-family property. Vinney talks about the big elephant in the room. How do you qualify? Vinney goes through the truth of investing in the multi-family/syndication world. What is the point of an LOI? Five units or more are considered multi-family. Don't waste your time or your brokers. Always go to the experts. What is your net worth? - Commercial loan broker - Five units or more - It is not as easy as you think - Vinney breaks down the qualifying for a loan - What are the 3 T's - Baby boomers - Supply VRS. Demand - Net worth ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Journey to Financial Freedom and Beyond (Part 3/3)
The Journey to Financial Freedom and Beyond with Special Guest: Jacob Ayers! Jacob Is a real estate investor. His journey started when he graduated from Oklahoma State University (Go Pokes!) with a degree in Fire Protection and Safety Engineering. After college, He moved to Houston, Texas, and dove into the corporate world. He always had a knack for building things, both physical and intangible, and a passion to help people solve problems. He always felt there is more to life than working a 9-5. Life is full of opportunities. Leave no stone unturned So, he set out to engineer a lifestyle he had designed on paper. This has been quite the adventure and one he is still figuring out every day. It prepared him to help others navigate down this similar path to financial and lifestyle freedom through real estate investing. The resources he makes available - podcasts, blogs, and newsletters – all stem from his passion for real estate investing. He is simply an aspiring entrepreneur, just like you, avid learner, constantly reading books, listening to podcasts and audiobooks, and absorbing information any way he can. He started acquiring real estate in 2015 and have grown his portfolio with multifamily properties ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
How To Grow Your Passive Investor Base Fast
I dig into Vinney's expertise on how the beginners get investors. We go int the step by step on how to build your brand and get investors without messing up with the SEC. He goes through what you need to start and what to do once you get the basics down to get investors. How do you start the conversation? Where to find investors? Elevator pitch… If you are looking for how to build relationships with investors and keeping track of your engagements with investors, then listen up. Vinney explains how he does it and how you can do it too. Vinney has a portfolio worth over 350M! So, he knows what he is talking about when it comes to getting investors. You never know where your investors will come from. Vinney and I even roleplay on how he approaches a potential investor. Listen while Vinney try's to get me and my husband to invest in multi-family. I am not an easy close – If you want to hear how a professional gets investors, then this podcast is for you. - Business cards - Headshot - Logo - Website - Don't pre-judge - Meet-ups' - Do's and Don't's of building trust ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney and Beau Show with Robert Creamer (Part 2/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Robert is a dedicated Father to his little boy Knox, Commercial Broker and Entrepreneur. He loves to Travel, play golf, and experience the world. Graduating with a degree in Real Estate Robert dove headfirst into the industry. Giving true meaning to the term 'Failing Forward'. Since 2005 Robert has been actively engaged in the Commercial RE industry. From being a solo agent, to forming a team, to growing a division of a company, to launching a new team - the 7S Commercial Group ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
How Do You Increase Your Investments NOI?
Mr. Chopra explains the importance of NOI and how to increase the net operating income. He also explains how NOI is different from net operating cash. The total rental income should be as close to the market rent as possible. Occupancy is key, and if you are buying 97% means you need to bring up the rent to match the current market rent. There are several value plays where the current owner was not operating the property the right way. By increasing amenities like dog wash, valet trash, upgrades to units, media centers, and workout rooms are all things that you can use as an opportunity to bring the property to the current market rent. Also, reducing concessions and reducing the loss of lease is going to increase your NOI. You need to consider other expenses like taxes, insurance, marketing cost, property management, and payroll. To increase the rent, you need to justify the increase by increasing the amenities. Vinney goes into such detail on how to increase your NOI and all the considerations that you need to take into account when taking over the property. - Amazon lockers - How to make income and increase the rent? - Make sure that each unit is uniquely placed and charge for the difference. - Putting in nests - USB, cameras and making it more of a SMART property. - Security equals peace of mind. - Special events for the residents. - The accounting department must be on point - Don't get ripped off. - Make sure the takeover is seamless or you will lose your tenants - It's all about negotiations when dealing with contractors. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Journey to Financial Freedom and Beyond (Part 2/3)
The Journey to Financial Freedom and Beyond with Special Guest: Jacob Ayers! Jacob Is a real estate investor. His journey started when he graduated from Oklahoma State University (Go Pokes!) with a degree in Fire Protection and Safety Engineering. After college, He moved to Houston, Texas, and dove into the corporate world. He always had a knack for building things, both physical and intangible, and a passion to help people solve problems. He always felt there is more to life than working a 9-5. Life is full of opportunities. Leave no stone unturned So, he set out to engineer a lifestyle he had designed on paper. This has been quite the adventure and one he is still figuring out every day. It prepared him to help others navigate down this similar path to financial and lifestyle freedom through real estate investing. The resources he makes available - podcasts, blogs, and newsletters – all stem from his passion for real estate investing. He is simply an aspiring entrepreneur, just like you, avid learner, constantly reading books, listening to podcasts and audiobooks, and absorbing information any way he can. He started acquiring real estate in 2015 and have grown his portfolio with multifamily properties ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Raising Money, Social Media and the SEC
This week, Vinney and I had the privilege to have Kim Lisa Taylor, Vinney's go-to SEC attorney on the show. Vinney and Kim have done 26 syndications together. She gives the do's and don'ts of the syndication rules when it comes to complying with the rules of the SEC. Kim explains the difference in how to market to different types of investors and the difference between 501B and 501C. She also gives invaluable information to keep your business and investors protected. Kim makes sure that her clients have a deep understanding of the SEC rules and regulations when dealing with other people's money. The wealth of knowledge that Kim brings to the table is impeccable. If you are in the syndication space, you need someone like Kim on your side. She goes into so much detail in this podcast that she probably should have charged us for the education. MUST LISTEN TO…….. - What are the top 3 mistakes that new syndicators make? - How do you raise money for your syndications? - Transparency is key. - Take care of your investor's money before yours. - Follow the rules and be trustworthy. - Can you market for investors on social media? - Can you find the deal and then find the investors? - 1-2-3 Rule - Keep records Kim Lisa Taylor, Esq. Syndication Attorneys, PLLC Saint Augustine, FL office (904) 584-4055 [email protected] www.SyndicationAttorneys.com Kim Lisa Taylor is a nationally recognized corporate securities attorney and best selling author. She is the founder of Syndication Attorneys, PLLC, a Florida based law firm that provides Securities Offering Documents and Investor Marketing Materials for clients nationwide. Kim has been the responsible attorney for hundreds of securities offerings. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney and Beau Show with Robert Creamer (Part 1/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Robert is a dedicated Father to his little boy Knox, Commercial Broker and Entrepreneur. He loves to Travel, play golf, and experience the world. Graduating with a degree in Real Estate Robert dove headfirst into the industry. Giving true meaning to the term 'Failing Forward'. Since 2005 Robert has been actively engaged in the Commercial RE industry. From being a solo agent, to forming a team, to growing a division of a company, to launching a new team - the 7S Commercial Group ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Where is Vinney Chopra NOW?
With over 14 years of real estate expertise behind him, this year has brought so many opportunities and successes to Vinney. In this episode, Vinney explains how he was prepared for 2019 and was excited to find his preparation paid off. Vinney has bought several big syndication deals in Florida with Enzo Multifamily, a business partner. He also published a book called "Apartment Syndication Made Easy" and became a #1 International bestselling author taking #1 spot in every real estate category in multiple countries. His book is also in audio and soon to be published in Spanish. Vinney is writing another book called "Positivity Brings Profitability" due to come out early 2020. He has also launched two podcasts: Syndication Made Easy, where he gives free training on the multi-family business and brings on influential guests that bring so much education to the listeners. The second one is called "Motivation Power Talk" where Vinney gives his years of experience in motivational public speaking to his audience. You can find either podcast on Youtube, Itunes, IHeart, Spreaker, Stitcher, and Business Innovators radio. Vinney is on a roll and crushed it in 2019. Vinney also gives his expectations for 2020 and some good advice on how to get ahead of the game - #1 International Best-Selling Author. - Launched two powerful and influential podcasts. - Teamed up with Enzo Multi-Family. - Vinney's crystal ball. - Set yourself up for 2020. - Building momentum. - Senior living. - Launching multiple new businesses in different industries. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Journey to Financial Freedom and Beyond (Part 1/3)
The Journey to Financial Freedom and Beyond with Special Guest: Jacob Ayers! Jacob Is a real estate investor. His journey started when he graduated from Oklahoma State University (Go Pokes!) with a degree in Fire Protection and Safety Engineering. After college, He moved to Houston, Texas, and dove into the corporate world. He always had a knack for building things, both physical and intangible, and a passion to help people solve problems. He always felt there is more to life than working a 9-5. Life is full of opportunities. Leave no stone unturned So, he set out to engineer a lifestyle he had designed on paper. This has been quite the adventure and one he is still figuring out every day. It prepared him to help others navigate down this similar path to financial and lifestyle freedom through real estate investing. The resources he makes available - podcasts, blogs, and newsletters – all stem from his passion for real estate investing. He is simply an aspiring entrepreneur, just like you, avid learner, constantly reading books, listening to podcasts and audiobooks, and absorbing information any way he can. He started acquiring real estate in 2015 and have grown his portfolio with multifamily properties ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Don't Mess with the SEC
Vinney, with 27 syndications under his belt makes him extremely experienced when working with investing other people's money. Vinney gives great advice only, but he is not an SEC attorney. Vinney goes into the differences and opportunities that are available when investing in real estate. You have to play by the rules, and the rules change based on how you structure the deal. He explains how he structures his deals and how important it is to have pre-existing relationships. These relationships one of the keys to not getting in trouble with the SEC. What is the difference between an active and passive investor? Vinney goes into the tricks of the trade to put yourself in a good position, but you will have to listen to find out how he does it. - CRM - Lists - What plates are you spinning? - What is your net worth? - PPM - Operating agreement - How big is your database? - This is a business! ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Leap of Faith - Abundant Life - Manifestation (Part 3/3)
Leap of Faith - Abundant Life - Manifestation with Special Guest: Derek Clifford & Dr. Sophie Lorn-Clifford! Derek Clifford and Dr. Sophie Lorn-Clifford are a happily married entrepreneur couple in real estate and health industries. Together, they have grown their private equity firm, Elevate Equity, from 0 to over 250 units under management in about 4 years, while working full time jobs. The couple run a podcast entitled "Elevate Your Equity" where they discuss the real conversations that happen at home while building a real estate portfolio in single and multifamily assets part-time. Derek wrote his book "Part-time Real Estate Investing for Full Time Professionals" in 2020 for people who were looking to follow in his footsteps. Dr. Sophie Lorn-Clifford is a licensed naturopathic doctor who has launched Live Whole You, a platform for wellness focused on entrepreneurs wanting to keep their mind and bodies sharp, informed from personalized genetics and cutting edge techniques from the functional and naturopathic medicine world. Together, they love to travel and spend time with friends and family. They are currently AirBNB nomads living throughout the USA. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Financial Freedom using Multi-Family Investments
A special guest co-founder of Jake and Gino. Gino Barbaro a true entrepreneur, investor, business owner, not including the best selling author of 2 books and author of the new book The Honey Bee. Vinney and I get into detail with Gino on the why and how he became a multi-family expert with a portfolio of over 1400 units. This is an exciting interview, learning how Gino's mind works and how he got into the multi-family industry. Gino goes into detail on the things he would have changed and the things that motivated him to succeed in the syndication business. The story of how the Jake and Gino multi-family business was built and their business philosophies is a great example of entrepreneurship success. Gino's value-based decision making is the culture of the Jake and Gino team. Having the privilege to interview Gino and listening to these two experts in multifamily business going back and forth was a learning experience for me. A must listen to for anyone in the multi-family business - Have skin in the game! - Transparency to your investors. - Claim your responsibilities. - You can't control everything! - Gino and Vinney agree that culture is key. - Principles when dealing with both investors and investors. - Gino explains education and massive action is the way to go. - Stay in your lane because it is a marathon. - Gino's key to success for the newbies. - Systems are key. Gino's books Wheelbarrow Profits – https://amzn.to/2CIr0Od The Honey Bee – https://amzn.to/2O6YQSo Family, Food and the Friars – https://amzn.to/372z7mL Gino's Website Website: https://jakeandgino.com ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney & Beau Show with Tiffany Rose (Part 2/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! We will deep dive into residential mortgage/lending questions and talk about Tiffany's personal development journey. She is hosting a free summit which we will discuss as well. Find out more here: http://2022.springintosuccessevent.com/be1 With over a decade of experience in home financing, Mortgage Loan Originator Tiffany Tuazon believes that buying a home should be an exciting, fulfilling experience. She shares her wealth of knowledge with every borrower as she works to deliver a smooth transaction that is respectful of her client's time, budget and financial goals. Tiffany's background in loan processing and real estate provides her with a valuable perspective into the mortgage process. She takes full advantage of Guild Mortgage's wide array of lending products as she recognizes the importance of providing borrowers with the loan that best fits their financial and personal needs. She prides herself in acting with 100% honesty and integrity, and is extremely efficient with every borrower's time. As a result, Tiffany has successfully helped guide borrowers through home purchase and refinance transactions during the mortgage market ups and downs. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Understanding The Tax Benefits Of Multifamily Real Estate
Death and Taxes, that's what they say! Vinney goes into everything from single-family to multifamily and explains that in certain states, the taxes are different. Some states have a state tax, and some do not. Which sounds good, but you usually pay more in these states in property tax. The real estate tax is different when you are investing in multifamily. If you are in the multifamily syndication, the taxes to due is based on the type of property, and the value of the property will determine that amount. Vinney explains the right way to buy a multifamily and why. Always pay your taxes through the LLC and never mix with your accounts. The asset value of taxes also known as the "Mill Rate" of the county. What is the secret of depreciation? Listen and find out….. - Expenses - Insurance - Management companies - Lead maintenance manager - Value of the structure - What are your expenses? - Exculpated deprecation ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Leap of Faith - Abundant Life - Manifestation (Part 2/3)
Leap of Faith - Abundant Life - Manifestation with Special Guest: Derek Clifford & Dr. Sophie Lorn-Clifford! Derek Clifford and Dr. Sophie Lorn-Clifford are a happily married entrepreneur couple in real estate and health industries. Together, they have grown their private equity firm, Elevate Equity, from 0 to over 250 units under management in about 4 years, while working full time jobs. The couple run a podcast entitled "Elevate Your Equity" where they discuss the real conversations that happen at home while building a real estate portfolio in single and multifamily assets part-time. Derek wrote his book "Part-time Real Estate Investing for Full Time Professionals" in 2020 for people who were looking to follow in his footsteps. Dr. Sophie Lorn-Clifford is a licensed naturopathic doctor who has launched Live Whole You, a platform for wellness focused on entrepreneurs wanting to keep their mind and bodies sharp, informed from personalized genetics and cutting edge techniques from the functional and naturopathic medicine world. Together, they love to travel and spend time with friends and family. They are currently AirBNB nomads living throughout the USA. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Economic Downturn and Recovery
When will the big crash happen? Vinney and I go into detail on where the market is now and where Mr. Chopra thinks the market is going. Vinney talks about the BIG 11-year BULL and how he thinks this will affect the market. We discuss everything from what happened in 2008 and what to expect to see in the next 6 to 12 months. When will the corrections happen in this market? How is it different now compared to the last correction? Vinney insists that these upcoming corrections will be very different than the last ones that caused the last crash. Vinney gives the goods on how to protect your investments and to make sure you do not go down with the next crash. - No income requirements? - What amounts to crash? - Where is your crystal ball? - If the crash happens, what do people do? - How does the economic downturn help the apartment syndication industry? - Not every market will be affected. - Manage your risks. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney & Beau Show with Tiffany Rose (Part 1/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! We will deep dive into residential mortgage/lending questions and talk about Tiffany's personal development journey. She is hosting a free summit which we will discuss as well. Find out more here: http://2022.springintosuccessevent.com/be1 With over a decade of experience in home financing, Mortgage Loan Originator Tiffany Tuazon believes that buying a home should be an exciting, fulfilling experience. She shares her wealth of knowledge with every borrower as she works to deliver a smooth transaction that is respectful of her client's time, budget and financial goals. Tiffany's background in loan processing and real estate provides her with a valuable perspective into the mortgage process. She takes full advantage of Guild Mortgage's wide array of lending products as she recognizes the importance of providing borrowers with the loan that best fits their financial and personal needs. She prides herself in acting with 100% honesty and integrity, and is extremely efficient with every borrower's time. As a result, Tiffany has successfully helped guide borrowers through home purchase and refinance transactions during the mortgage market ups and downs. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Property Takeover Strategy - Multifamily Done Right!
Vinney says, " taking over a multifamily property is like taking over a very expensive set of keys." You need to have several things lined up before the takeover. Who is going to be the property manager? How are you going to find the right one that is going to run the investment right? What about the maintenance manager? Those are key players to the takeover. Be careful and do your due diligence on who will be running your investment. One month before the takeover is when the work begins. Vinney gives so much information on what to be prepared for all of the things that can go wrong if you are not prepared. - Be prepared - Property manager - Maintenance manager HVAC qualified – proficient in all aspects of the duties the property will need. - Leasing agent - Helper to the lead maintenance - Who is in charge of who? - Payroll - How do the tenants pay rent? - How to get your due diligence for free? ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Leap of Faith - Abundant Life - Manifestation (Part 1/3)
Leap of Faith - Abundant Life - Manifestation with Special Guest: Derek Clifford & Dr. Sophie Lorn-Clifford! Derek Clifford and Dr. Sophie Lorn-Clifford are a happily married entrepreneur couple in real estate and health industries. Together, they have grown their private equity firm, Elevate Equity, from 0 to over 250 units under management in about 4 years, while working full time jobs. The couple run a podcast entitled "Elevate Your Equity" where they discuss the real conversations that happen at home while building a real estate portfolio in single and multifamily assets part-time. Derek wrote his book "Part-time Real Estate Investing for Full Time Professionals" in 2020 for people who were looking to follow in his footsteps. Dr. Sophie Lorn-Clifford is a licensed naturopathic doctor who has launched Live Whole You, a platform for wellness focused on entrepreneurs wanting to keep their mind and bodies sharp, informed from personalized genetics and cutting edge techniques from the functional and naturopathic medicine world. Together, they love to travel and spend time with friends and family. They are currently AirBNB nomads living throughout the USA. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The First $50 Million in Multi-Family Acquisitions
Dylan Marma and Mr. Chopra crossed passed a little over two years ago. Dylan born and raised in upstate New York has jumped into the real estate world and not looked back. When Vinney and Dylan met, Dylan had already caught the real estate bug and also new learning from someone like Vinney that has worn every hat in the multifamily syndication business was going to be key to his success, and it was. A great success story to learn from, a story about hard work and massive action brings massive reward$. Dylan started learning the apartment syndication business and all the ins and outs; then, in a little over two years, Dylan Marma was able to build a portfolio of 50+M and over 700 units. That's what having the right mentors, and massive action accomplishes. Dylan has taken huge risks, and they have paid off tenfold. He tells his story and the why behind his decision to get into the apartment syndication side of the real estate business. Once, Dylan figured out what he wanted; he then found the right person to educate him on the process. Dylan tells his story on how when he moved to Atlanta, he made a smart decision that while his company was new and he had no connections, no brokers and no one in the multifamily business to start marketing. So, he started his own Meetup group and started heavily marketing himself on social media even before he moved there. Before he got busy, he took advantage of that time to build relationships and his tribe, which paid off in the next few years. This podcast is not only about success between a student and a mentor but relative and real information anyone in the multifamily syndication world would want to listen too. WHAT IS VINNEY'S PREDICTION FOR DYLAN MARMA? IS IT TRUE? - Mindset - The first CLOSED DEAL - What's your 100-day plan? - Create your own Meetup group! - What's next? - What does your business card say? - What do you want your life to look like? - Who are you serving? - What can they afford? - Check out Dylan's "NUGGET OF ADVICE" ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Things to Look for Before Investing in Multifamily Syndication (Part 3/3)
Things to Look for Before Investing in Multifamily Syndication with Special Guest: David Mulvaney! For the past 30 years, David Mulvaney has been a self-employed entrepreneur and investor building sales, marketing, and global distribution channels. Dave's companies have generated over a quarter of a billion dollars in sales. Dave has been married to his wife Beth for over 30 years and has two adult children, David and Rachel. At a very young age, Dave saw the opportunity in real estate. Purchasing the Carlton Sheets course just after high school, he bought every course and read every book he could find on the subject. His study paid off. In 1992 Dave and Beth purchased their first investment property, a duplex. The cash flow allowed them to live for free and generate positive cash flow. Later that year, he bought his first company. Since then, Dave has been building companies and investing in real estate, mainly focusing on single-family homes and small multifamily properties; they've bought and sold close to 50 properties. In 2021, Dave started BDM Capital Group to focus on commercial real estate assets. Dave follows a proven formula for building wealth. At 47, one of Dave's companies filed bankruptcy, and he nearly lost everything. What sustained him was the parachute built into his wealth formula. A philosophy to live by, if you are going to fly, you better have a parachute, and it better be packed well when you need it. His passion is helping entrepreneurs to find clarity of vision and purpose, uncovering how to successfully start, run and grow businesses while obeying the laws of wealth. Dave's simple formula for wealth accumulation works 100% of the time for those who adhere to its laws. The formula allows anyone to achieve financial prosperity and the ability to ride through the worst of times. If you'd like a free copy of Dave's 11 step formula for building long-term wealth, go to DavidMulvaney.com/wealthformula ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Find The Listing Path
The key is to build great relationships with the brokers. This way, they will want to give you the cream of the crop. Vinney explains when your new, the brokers are going to test you and to see if you are serious. So, even if they send you a not so great deal, make sure you respond to the broker and explain to them why you do not want the deal and show that them that you are a serious player. Vinney even gives you all the buzz words to use with the brokers to get their attention, but you will have to listen to find out what they are. Vinney's Listing Path Napkin Listing Pre – Pocket Listing Pocket Listing Office Office floor Web listing Do you know the lingo? Do you have pre-existing relationships? Make sure the brokers know your criteria What is your pitch to the brokers? Reputation is key – brokers talk….. Don't waste my time Email campaigns ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney & Beau Show with Jasmine Willois (Part 2/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Topic: Note Investing Former Wall Street trader Jasmine Willois is the founder and Managing Director of The Note Assistance Program. A platform providing a proven proprietary system to empower individual investors and family offices to optimize their time and finances through mortgage note investments. Jasmine Willois' proprietary system is predicated on her more than two decades of working in finance from coast to coast. In addition to her MBA, Ms. Willois has obtained and held at least 25 different trading, securities and other professional licenses. Before becoming an entrepreneur she worked with some of the most notable firms including Morgan Stanley, Dean Witter, Metlife and GMAC Homecomings. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Letter of Intent - to purchase
Bring your business to the next level with Mr. Chopra. We have a good one for you guys this week! Retrades and LOI= Letter of Intent – to purchase. Vinney explains that an LOI is something that is done after a long list of research. A letter of intent is a document, not binding, not a contract. A document to tell the seller stating that you have the intent to buy the property at XYZ with XYZ terms. Vinney explains that due diligence is important and what is all involved in proper due diligence. You should always ask for 30 days to complete this. This was extremely educational because Vinney explains each step after the seller accepts the LOI. Brokers and Sellers frown upon retrades. What is a retrade? Basically, after the inspection period, there were some major expenses that the buyer was not aware of. The buyer would then like to get estimates done because the buyer would want a repair credit at closing. Contingency PSA – NOW IT IS LEGAL How do you get your due diligence done for free? Financial due diligence Physical due diligence Schedule of repair Underwriting is key Money is ready ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Things to Look for Before Investing in Multifamily Syndication (Part 2/3)
Things to Look for Before Investing in Multifamily Syndication with Special Guest: David Mulvaney! For the past 30 years, David Mulvaney has been a self-employed entrepreneur and investor building sales, marketing, and global distribution channels. Dave's companies have generated over a quarter of a billion dollars in sales. Dave has been married to his wife Beth for over 30 years and has two adult children, David and Rachel. At a very young age, Dave saw the opportunity in real estate. Purchasing the Carlton Sheets course just after high school, he bought every course and read every book he could find on the subject. His study paid off. In 1992 Dave and Beth purchased their first investment property, a duplex. The cash flow allowed them to live for free and generate positive cash flow. Later that year, he bought his first company. Since then, Dave has been building companies and investing in real estate, mainly focusing on single-family homes and small multifamily properties; they've bought and sold close to 50 properties. In 2021, Dave started BDM Capital Group to focus on commercial real estate assets. Dave follows a proven formula for building wealth. At 47, one of Dave's companies filed bankruptcy, and he nearly lost everything. What sustained him was the parachute built into his wealth formula. A philosophy to live by, if you are going to fly, you better have a parachute, and it better be packed well when you need it. His passion is helping entrepreneurs to find clarity of vision and purpose, uncovering how to successfully start, run and grow businesses while obeying the laws of wealth. Dave's simple formula for wealth accumulation works 100% of the time for those who adhere to its laws. The formula allows anyone to achieve financial prosperity and the ability to ride through the worst of times. If you'd like a free copy of Dave's 11 step formula for building long-term wealth, go to DavidMulvaney.com/wealthformula ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Pros and Cons of Multifamily Investing
Today, Vinney have a special guest TJ Hines. TJ Hines also know as "Mr. Flipperhouse". TJ Hines has a long history in wholesaling and flipping homes and has now come to play with the big boys in multifamily. TJ has some incredible incite on the benefits of switching from wholesaling to multifamily. He talks about the real money or lack thereof, that people make in wholesaling and flipping homes. This is why he has come on our show to share his years of experiences and lessons learned. Congratulations to TJ for making the jump to multifamily. The level of education that TJ has learned about multifamily syndications in such a short time is incredible and is currently closing his first multifamily syndication deal this month. I think the relationship between Vinney and TJ will be fruitful. If you are wholesaling or flipping and want to learn how to have complete control over your asset and hear how incredible this opportunity from one of the best then – TUNE-IN - Blind fools' money - Day to day operations - What is the riskiest real estate investment? - How do you have complete control of the asset? - This is a team sport - Run from the rat race - Bring your hustle ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney & Beau Show with Jasmine Willois (Part 1/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Topic: Note Investing Former Wall Street trader Jasmine Willois is the founder and Managing Director of The Note Assistance Program. A platform providing a proven proprietary system to empower individual investors and family offices to optimize their time and finances through mortgage note investments. Jasmine Willois' proprietary system is predicated on her more than two decades of working in finance from coast to coast. In addition to her MBA, Ms. Willois has obtained and held at least 25 different trading, securities and other professional licenses. Before becoming an entrepreneur she worked with some of the most notable firms including Morgan Stanley, Dean Witter, Metlife and GMAC Homecomings. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Steps on How to Analyze A Deal
You got a deal from a broker, now what? What are the first steps when analyzing a deal? It all depends on how it is packaged. Get the address, school district, crime reports, demographics and so much more. Make sure you segment on where you are asking the brokers to look. You must be a detective. 20,000-foot view – learn how Vinney does it. How does he work the numbers? He gives so much detail that you may want to grab a pen and paper. - What is a whisper price? - UNDERWRITING – UNDERWRITING – UNDERWRITING - How does the CAP rate work in a deal? - Do you have the right tools to analyze a deal? - What is the market rate? - Loss of Lease - LOI - Taxes - Insurance ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Things to Look for Before Investing in Multifamily Syndication (Part 1/3)
Things to Look for Before Investing in Multifamily Syndication with Special Guest: David Mulvaney! For the past 30 years, David Mulvaney has been a self-employed entrepreneur and investor building sales, marketing, and global distribution channels. Dave's companies have generated over a quarter of a billion dollars in sales. Dave has been married to his wife Beth for over 30 years and has two adult children, David and Rachel. At a very young age, Dave saw the opportunity in real estate. Purchasing the Carlton Sheets course just after high school, he bought every course and read every book he could find on the subject. His study paid off. In 1992 Dave and Beth purchased their first investment property, a duplex. The cash flow allowed them to live for free and generate positive cash flow. Later that year, he bought his first company. Since then, Dave has been building companies and investing in real estate, mainly focusing on single-family homes and small multifamily properties; they've bought and sold close to 50 properties. In 2021, Dave started BDM Capital Group to focus on commercial real estate assets. Dave follows a proven formula for building wealth. At 47, one of Dave's companies filed bankruptcy, and he nearly lost everything. What sustained him was the parachute built into his wealth formula. A philosophy to live by, if you are going to fly, you better have a parachute, and it better be packed well when you need it. His passion is helping entrepreneurs to find clarity of vision and purpose, uncovering how to successfully start, run and grow businesses while obeying the laws of wealth. Dave's simple formula for wealth accumulation works 100% of the time for those who adhere to its laws. The formula allows anyone to achieve financial prosperity and the ability to ride through the worst of times. If you'd like a free copy of Dave's 11 step formula for building long-term wealth, go to DavidMulvaney.com/wealthformula ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
What Advantage can be found in Multi-family Housing?
What is Vinney's Chopra's investment philosophy and why multifamily? When did the light bulb come on? Vinney shares the details of what apartment syndication is and where to find the money. With an 18 to 26% returns on average, no wonder why his investors love his investment philosophy. What is the difference between flipping 20 homes or buying 20 units and why is Vinney's philosophy to buy the 20 units? Vinney is big on teaching millions of people about apartment syndication and teaching his philosophy to change peoples life. - What are the 3 T's? - How much is the management fee? - Educate your investors. - How to deal with lash back from investors? - What is a due diligence company? - Be transparent – Be transparent – Be transparent - Communicate with your investors and keep them updated. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Learn The Mindset of The $600MM Man (Part 3/3)
Learn The Mindset of The $600MM Man Hosted by: Gualter Amarelo of Alchemist Nation and Vinney Chopra as the Guest! Gualter Amarelo is the author of the book "Broker To A Quarter Million", as well as the creator of numerous life-changing trainings on wealth and mindset. He earned $3 million through his businesses – nearly half a million simply by using his own real-world experiences to help hundreds of students create high levels of success in their own lives. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Seller's Market VS. Buyer's Market
It's a seller's market right now – how does an investor get in? Find the market cycle and make sure there is meat on the bone. Vinney talks about what all is involved when you take over a property. There are many different steps involved from taking over the staff to making sure the tenants can pay their rent. "Think positive – Think Big and it will happen", Vinney says. Don't worry if you don't close on your first deal right away. Tune in and listen to Vinney tell his story and how it took him about 11 months to close his first deal and now he closes deals almost every other month. Vinney explains how making sure the numbers are right is the only way to keep your investors happy and that if you stay in the game and keep at it you will find the right deal. Does Vinney think the BIG BULL will affect the apartment syndication world? Tune-in and find out! ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney & Beau Show with The Donis Brothers (Part 2/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Jeffrey, Kenneth, And Kerwin Donis built a portfolio of cash-flowing rentals and a six figure business as single family real estate investors. The Donis Brothers are passionate about helping others reach their financial goals through real estate investing. You can check out their podcast– the Real Estate Monopoly - where they interview professionals who are dominating the real estate industry. Their multifamily portfolio consists of 600+ units across the southeast. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
How to Overcome Objections - Let's Close more Deals!
"When you are passionate about something time does not matter", according to Vinney. What is an objection? Vinney says one should be happy to get an objection and it is key to getting a deal. Learn to love the "NO's"! Do the numbers. Use the word NO to explain why the answer is YES! Vinney talks about the true objection and I dig in with him on how to overcome objections before you get them. I roleplay back and forth with Vinney giving him real-life scenarios that he educates and overcomes. This is some great banter and education between two sales professionals. This is a great podcast. One of my favorites. If You are Not Getting a No – then You will Never get a YES! SHOW TAKEAWAY'S - Take notes - Be professional - Make the prospect feel important - Make it personal - Be modest - Educate - Think ahead ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Learn The Mindset of The $600MM Man (Part 2/3)
Learn The Mindset of The $600MM Man Hosted by: Gualter Amarelo of Alchemist Nation and Vinney Chopra as the Guest! Gualter Amarelo is the author of the book "Broker To A Quarter Million", as well as the creator of numerous life-changing trainings on wealth and mindset. He earned $3 million through his businesses – nearly half a million simply by using his own real-world experiences to help hundreds of students create high levels of success in their own lives. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Buyer's Market VS. Seller's Market
Get Vinney's input on the BUYERS MARKET- which means a high supply of inventory. Did you know, as a buyer, you can dictate the terms of the deal? Vinney tells me his philosophy on what the reasons are for sellers selling a good investment and why is it important to always be out there looking for deals. I get Mr. Smiles to get into the nitty-gritty of the mindset of both the buyer and seller. When is the best time to buy and under what terms? Listen-up and Vinney will explain… What is the BIG BIG BULL? Where are the BEARS? Wait until the notes are due! Underwriting is KEY! How to analyze a deal? The motivation of the seller creates huge profits in a tight market. Have your money ready! ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
The Vinney & Beau Show with The Donis Brothers (Part 1/2)
Join us LIVE for The Vinney and Beau Show!! Every Friday at 9:30am PST or 12:30pm EST on all social media websites! Jeffrey, Kenneth, And Kerwin Donis built a portfolio of cash-flowing rentals and a six figure business as single family real estate investors. The Donis Brothers are passionate about helping others reach their financial goals through real estate investing. You can check out their podcast– the Real Estate Monopoly - where they interview professionals who are dominating the real estate industry. Their multifamily portfolio consists of 600+ units across the southeast. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
What does a Property Manager Do? - Do You Have What it Takes?
This week Vinney aka MR. SMILES talks about property management. Is this something you should take on if you are new to the syndication business? Mr. Smiles will give up the goods on what your options are when you are just starting out and what your end goal should be when it comes to property management. This week's GOLDEN NUGGET is getting down and dirty to learn the techniques so you can scale your business. TODAY'S TAKEAWAYS - What is the role of the property manager? - What are they responsible for and why are they key to not losing your shirt? - Smiles looks for 15 to 20 years of experience from a property manager. Do you know why? - If you are new and need a property management company how do you choose the right one? - A stable employee that has longevity is key. - If you don't know what questions to ask when interviewing a property manager then listen up, Chopra will tell you where to find it. - Vinney explains the roles of the 4 key individuals you need to have at each property. - Managing expectations of your team members at each property will keep people renting and keep you in the loop. - The importance of making it easy for your residents to pay. - How to deal with the sellers giving up! ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------
Learn The Mindset of The $600MM Man (Part 1/3)
Learn The Mindset of The $600MM Man Hosted by: Gualter Amarelo of Alchemist Nation and Vinney Chopra as the Guest! Gualter Amarelo is the author of the book "Broker To A Quarter Million", as well as the creator of numerous life-changing trainings on wealth and mindset. He earned $3 million through his businesses – nearly half a million simply by using his own real-world experiences to help hundreds of students create high levels of success in their own lives. ------------------------------------------------ About Vinney (Smile) Chopra: Vinney is a real estate investor, syndicator, International best-selling author, host of 4 podcasts, multifamily educator, mentor, dedicated husband of over 40 years and father of 2 children-Neil and Monica, residing in Danville, California (near San Francisco) for 40+ years. Vinney came to this country with only $7 in his pocket and a dream. Vinney has now built a portfolio of over 6,500 units amounting to over $650 Million in the multifamily, senior assisted living and hospitality arenas. He is passionate about helping others achieve financial freedom and giving back to our seniors who have given us so much. Learn more about Vinney: https://vinneychopra.com/ Learn more about investing with Vinney: https://vinneychopra.com/investor/ Apply for Mentorship: https://vinneychopra.com/mentorship/ Vinney's Youtube: https://www.youtube.com/c/VinneyChopra/videos Vinney's Linkedin: https://www.linkedin.com/in/vinney-smile-chopra/ Vinney's Instagram: https://www.instagram.com/vinneychopra/ Vinney's Free Book: https://vinneychopra.com/freebook/ ------------------------------------------------