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May 12, 2025 4 mins

Confidence comes from numbers—not vibes. Underwrite like your future depends on it.

 

In this power-packed episode of The Abundance Mindset, Vinney Chopra shares the true foundation of confidence when dealing with multimillion-dollar deals: underwriting.

 

Gualter Amarelo presses Vinney on how he developed the emotional strength to close 42 out of 42 real estate deals. The answer? Mastering the numbers and removing emotion from decision-making.

 

📊 How underwriting gives you conviction to raise and deploy capital

📍 The mindset that turns $3M deals into $67M wins

💼 Why being “sold” on the deal makes your investors say YES without pressure

 

Vinney breaks down how data-driven underwriting—not gut feeling—gave him the boldness to buy, scale, and win big. If you’re afraid of big numbers, it’s time to sharpen your pencil and start loving the math.

 

Check out this episode wherever you like to listen or watch podcasts!

Episode Page: vinneychopra.com/podcast/

Youtube: https://youtu.be/oUMegFTzpSk

Spotify: spoti.fi/423B4fz

iTunes: apple.co/3tQ9Tsf

 

Catch Abundance Mindset on Thursdays,  09:00 AM (PST) | 12:00 PM (EST)

 

#CapitalRaising #RealEstateDeals #InvestorConfidence

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Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
How can somebody, because I know Vinny,it's been a long time since you've
had to do this, but if you were goall the way back to the beginning,
I know for me it was hanging aroundyou, it was listening to your deals
and looking to what you've done.
What are other ways to, to develop thatemotional strength to handle big deals?
You know, I'm
so glad you're asking me that.
I'm introspectively, I'mthinking I've never given

(00:23):
underwriting outside my company.
Never ever.
Because I feel like when I'mbuying $20 million, 30, 40
million buck stops with me.
And the numbers have to be rightand assumptions have to be right.
So it's the strength of underwriting.
And by the way, anybody who wants thatunderwriting just DM me or Brother Walter.

(00:47):
We'll give it to you.
We'll give it to you becausethat will put everything in
perspective where the residents are.
How much.
You know they are paying andall those into Excel worksheets
and it calculates everything.
The key thing is it's the underwritingthat gave me strength to purchase.

(01:08):
$3 million deal, $5 million deal,10 million, 20 million, 64 million,
67 million, all that stuff.
Because if that underwriting is right,and we know the area is growing.
And we know that our resumptionsof increase in rent have been met

(01:28):
and rightly so and everything.
Then it gives you confidence.
Wow.
'cause if we are sold on the deal, andI think I've mentioned it many times,
42 deals I've done, I have closed.
Every single one from letter of intentto closing because once the underwriting

(01:49):
is sensitive, it's totally taken care of.
Then you figure out waysto make that deal happen.
Right.
Once you committed to the deal, then it'sjust Well, how we get there is a details.
Yes.
Right.
That's extra steps.
I, I'll add to it in Jackson, right?
We still, or with the 80 units, the onlything that I needed in Jackson to confirm

(02:09):
whether I was gonna buy more was to see ifI could fill units and what the rents were
gonna be, what the terms were gonna cost.
I what I needed to confirm thatterm costs were exactly what
I thought they were, would be.
They were that I needed to confirmthat the rents were gonna be what I
thought they were gonna be, and thenI needed to confirm that we could fill
quickly the way I thought we could.
Once we confirmed thatin 2030 units, it's like.
So this, this is a worse neighborhood,so any ne better neighborhood has

(02:33):
to operate like this or better.
So my assumptions are now solid.
Now.
It's like this is what it has to be.
It can't be anything else.
That's so great.
You mentioned, I was thinking about192 units over there in Angleton,
Texas, south of Houston, and Istarted bidding at 7 million or
something, and I got it at 8.9 million.

(02:56):
I. Wow.
But I sold it at 14, 15 million.
So the thing was, it was fully renovated.
The builders brothers, uh,brothers, I think they didn't
wanna sell at a lower price.
So I had to come higher.
But my underwriting was telling me,winning, get it, get it, get it.
So I think that's the key.

(03:17):
I find you've got to be totallydriven by the formulas, by the.
Numbers don't lie.
That's what I say.
Don't get, you know, carried awaywith the building from outside or
any kind of project from outside.
Look inside, look at thenumbers, the real numbers.
What's happening right now,not the performer numbers.

(03:40):
Real numbers and how it's gonna increasemore rents and a more abrupt system
and everything we talk about and howto reduce the expenses and all that.
So that's what gives you strength.
And if you are sold on it as asyndicator, as a fund manager.
Investors will catch on also, excitement,enthusiasm, positivity, which I like

(04:05):
to say that, you know, you've got tohave that whole edge so that if you
are totally sold on it, you should knowall the answers to every objection,
every question that the investors ask.
Hey there!
The upcoming episode isscheduled for Thursday.
We appreciate your viewershipof The Abundance Mindset Show.

(04:26):
Tune in every Thursday at 9am PacificStandard Time or 12pm Eastern on
various social media platforms hostedby Vinny Chhabra and Gualter Amarello.
Don't forget to subscribe, share yourcomments, and leave a 5 star review.
Thank you for your support!
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