Syndication Made Easy with Vinney (Smile) Chopra

https://vinneychopra.com 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 Get your copy – Syndication Made Easy – https://amzn.to/2kwjHDN Reach out to Mr. Vinney Smile Chopra at Text: 47-47-47 Learn – https://vinneychopra.com/ Invest – https://moneilinvest.com/ Facebook – https://www.facebook.com/VinneyChopra/ Instagram – https://www.instagram.com/vinneychopra/?hl=en Linkedin – https://www.linkedin.com/i n/vinney-smile-chopra-7b7b9619/ Twitter – https://twitter.com/smilingvinney Youtube – https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

https://vinneychopra.com/ Today, Vinney and I 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 Get your copy – Syndication Made Easy – https://amzn.to/2kwjHDN TJ Hines Chief Operating Officer [email protected] Cell~ 813-919-7587 Foe more info from Mr. Vinney Smile Chopra – Text: 47-47-47 Learn – https://vinneychopra.com/ Invest – https://moneilinvest.com/ Facebook – https://www.facebook.com/VinneyChopra/ Instagram – https://www.instagram.com/vinneychopra/?hl=en Linkedin – https://www.linkedin.com/i n/vinney-smile-chopra-7b7b9619/ Twitter – https://twitter.com/smilingvinney Youtube – https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

https://vinneychopra.com/ 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 Get your copy – Syndication Made Easy – https://amzn.to/2kwjHDN Check out Mr. Vinney Smile Chopra at Text: 47-47-47 Learn – https://vinneychopra.com/ Invest – https://moneilinvest.com/ Facebook – https://www.facebook.com/VinneyChopra/ Instagram – https://www.instagram.com/vinneychopra/?hl=en Linkedin – https://www.linkedin.com/i n/vinney-smile-chopra-7b7b9619/ Twitter – https://twitter.com/smilingvinney Youtube – https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

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. GRAB YOUR COPY – Syndication Made Easy – https://amzn.to/2kwjHDN For more information text – Mr. Vinney Smile Chopra at Text: 47-47-47 Learn – https://vinneychopra.com/ Invest – https://moneilinvest.com/ Facebook – https://www.facebook.com/VinneyChopra/ Instagram – https://www.instagram.com/vinneychopra/?hl=en Linkedin – https://www.linkedin.com/i n/vinney-smile-chopra-7b7b9619/ Twitter – https://twitter.com/smilingvinney Youtube – https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

https://VinneyChopra.com 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! It's a seller's market right now – how does an investor get in? Stay in the market Be good to your brokers What should you do every 10 days? What happens when the economy takes a hit? Renter's NATION ADD VALUE TO THE PROPERTY SO YOU CAN CHARGE MONEY – HELLO Syndication Made Easy – https://amzn.to/2lYPXjx Check out Mr. Vinney Smile Chopra at Text: 47-47-47 Learn – https://vinneychopra.com/ Invest – https://moneilinvest.com/ Facebook – https://www.facebook.com/VinneyChopra/ Instagram – https://www.instagram.com/vinneychopra/?hl=en Linkedin – https://www.linkedin.com/i n/vinney-smile-chopra-7b7b9619/ Twitter – https://twitter.com/smilingvinney Youtube – https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

"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 Check out Mr. Vinney Smile Chopra at Text: 47-47-47 https://vinneychopra.com/ https://moneilinvest.com/ http://moneilmultifamilyfund.com/ https://www.facebook.com/VinneyChopra/ https://www.instagram.com/vinneychopra/?hl=en https://www.linkedin.com/in/vinney-smile-chopra-7b7b9619/ https://twitter.com/smilingvinney https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured SYNDICATION MADE EASY – bit.ly/ApartmentSyndicationMadeEasy #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

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! Check out Mr. Vinney Smile Chopra at Text: 47-47-47 https://vinneychopra.com/ https://moneilinvest.com/ http://moneilmultifamilyfund.com/ https://www.facebook.com/VinneyChopra/ https://www.instagram.com/vinneychopra/?hl=en https://www.linkedin.com/in/vinney-smile-chopra-7b7b9619/ https://twitter.com/smilingvinney https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

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! Websites Referenced https://www.rentmanager.com/ https://www.realpage.com/ Check out Mr. Vinney Smile Chopra at Text: 47-47-47 https://vinneychopra.com/ https://moneilinvest.com/ http://moneilmultifamilyfund.com/ https://www.facebook.com/VinneyChopra/ https://www.instagram.com/vinneychopra/?hl=en https://www.linkedin.com/in/vinney-smile-chopra-7b7b9619/ https://twitter.com/smilingvinney https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

This week Vinny Chopra also know as Mr. Smiles talks about "OPM" also known as other people's money. He will discuss how important it is to take care of your investors and why "OPM" is the only way to make money in the apartment syndication business. He will end our weekly power talk with his weekly GOLDEN NUGGET on other people's money and I will give you a hint, but you will have to watch and listen to get the goods. My hint is mindset……. TODAY'S TAKEAWAYS The benefits of using other people's money rather than your own. Why it is important to make your investors feel comfortable Other people's money is the only way to scale your syndication business Pulling other people's money helps investors make more money than traditional investing. Don't tie all your money in one property. Investors get paid first! Your track record will make or break you with your investors. The importance of creating a relationship before you show an investor a property. Is syndication safe? Check out Mr. Vinney Smile Chopra at Text: 47-47-47 https://vinneychopra.com/ https://moneilinvest.com/ http://moneilmultifamilyfund.com/ https://www.facebook.com/VinneyChopra/ https://www.instagram.com/vinneychopra/?hl=en https://www.linkedin.com/in/vinney-smile-chopra-7b7b9619/ https://twitter.com/smilingvinney https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

Today's episode is about brokers. To use or not to use? Vinney goes into great detail on how brokers can make or break your apartment syndication business. Vinney will explain how important a good broker is and how they will also test you. Brokers want to know that you are a big player and want to close deals. Some brokers are great and some are not. How do you tell the difference? If you want to know how to build a good relationship with the right brokers and get more info than listen, like and subscribe. SHOW TAKEAWAYS! Do you want a pocket deal or a napkin deal? Will brokers test you? As an investor do you test them? How far does a broker get involved in a deal? What to look for when a broker gives you a deal to look at? *Sorry, you want the goods then subscribe, listen and share. Vinney gives the "NUGGETS" for success* Check out Mr. Vinney Smile Chopra at Text: 47-47-47 https://vinneychopra.com/ https://moneilinvest.com/ http://moneilmultifamilyfund.com/ https://www.facebook.com/VinneyChopra/ https://www.instagram.com/vinneychopra/?hl=en https://www.linkedin.com/in/vinney-smile-chopra-7b7b9619/ https://twitter.com/smilingvinney https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

Do you have a blueprint for your syndication business? If you don't then you need to listen to this show because Vinney who has done more than $300,000,000 in apartment syndications has a blueprint that he is not only going to share with you but explain his process in detail. Vinney explains why he wishes he could change the way people think about apartment syndication. Syndication = "OPM" which means pulling other people's money together to make everyone a profit. That is what syndication is all about "OPM" if you are a smart business person like Mr. Smiles then you know your investors come first. Vinney even gives the goods on what the top 5 things you need to do continuously to build a successful and profitable apartment syndication business. SHOW TAKEAWAYS What 5 plates do you need to spin? Why is "OPM" important to grow your business? No plan = no future! The advantages of not only purchasing a building but running one Team members are KEY You may want the world but you need to qualify for a loan Check out Mr. Vinney Smile Chopra at Text: 47-47-47 https://vinneychopra.com/ https://moneilinvest.com/ http://moneilmultifamilyfund.com/ https://www.facebook.com/VinneyChopra/ https://www.instagram.com/vinneychopra/?hl=en https://www.linkedin.com/in/vinney-smile-chopra-7b7b9619/ https://twitter.com/smilingvinney https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/

In today's episode, Mr. Smiles explains what to look for when looking for a market to invest in. What an emerging market and sub-market is. Why it is important to do your research on the market you invest in and what are the key elements to look for. He ends this powerful educational conversation with his GOLDEN NUGGET OF ADVICE – the power and importance of getting operating memorandums. Today's TAKEAWAYS - How to determine an emerging market - How to find out the pockets you want to invest in. - Tertiary - What to look for and how important research is when choosing an emerging market or sub-market. - Your obligation to your investors in finding the right place to invest their money. - Why new jobs coming is key to identifying an emerging market. - What data is important when looking for an emerging market. HOW TO DETERMINE EMERGING MARKETS – Free book at https://VinneyChopra.com 5 SPINNING PLATES – Free book – https://VinneyChopra.com SYNDICATION MADE EASY – #1 BEST SELLER – http://bit.ly/ApartmentSyndicationMadeEasy Check out Mr. Vinney Smile Chopra at Text: 47-47-47 https://vinneychopra.com/ https://moneilinvest.com/ http://moneilmultifamilyfund.com/ https://www.facebook.com/VinneyChopra/ https://www.instagram.com/vinneychopra/?hl=en https://www.linkedin.com/in/vinney-smile-chopra-7b7b9619/ https://twitter.com/smilingvinney https://www.youtube.com/channel/UC_SGeOpnIHvXWqZE9dMUdlw/featured #vinneychopra #cashflow #multifamilyinvesting #apartmentinvesting #investor #multifamily #vinneymultifamily #moneil #moneilinvest #realestate #guidetosuccess #success #motivation #syndication #passiveincome #realestateinvesting #goals Syndication Made Easy with Vinney (Smile) Chopra https://businessinnovatorsradio.com/syndication-made-easy-with-vinney-smile-chopra/