May 30, 2025 • 20 mins
Running faster doesn’t always mean you’re progressing. In this grounded episode, Vinney and Gualter explore the counterintuitive truth that taking a step back often unlocks the biggest breakthroughs. Learn how slowing down can help you optimize lead funnels, rethink strategy, and build deeper investor relationships.
🧘 Real success isn’t rushed. Learn how to recalibrate your energy and speed up with precision—not panic.
🚀 Connect, Invest & Learn with Vinney (Smile😊) Chopra
👉 https://linktr.ee/VinneySmileChopra
📚 Free Investor Resources
✅ Accredited Investor’s Guide to Passive Income
📘 Download here: https://bit.ly/passive-income-guide-lead
✅ How to Determine Emerging Markets
📘 Download here: https://bit.ly/emerging-markets-lead
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
To do the things in a systematicway, not to stress out.
(00:04):
And that's the other thingI'm thinking more and more, I
need to slow down to speed up.
I say that a lot, but maybe I needto do it literally more of that
because sometime we are running andgunning and running and gunning.
And we are not spending the qualitytime with the prospects, and the
(00:25):
prospects are not the right prospects.
The leads are not the right leads.
One needs to take a step back and see.
What's important?
Could we have put a better funneltogether to ask them qualify their
questions because it's not just our time.
Hey friends, this is Winnie Chopra.
(00:46):
Thank you for liking the episodes thatwe bring the guests in our podcast.
Please do go to winnie chopra.com and freeslash free benefits so that you could get
a lot of good things, goodies, all that.
And also please follow.
Walter and I do a show AbundanceMindset on Thursday Morning Live,
(01:08):
which is on 9:00 AM Pacific, and alsoNIE and Bo Show, which we also go
live on Friday at 9:00 AM Pacific.
See you on the other episode.
Take care.
Enjoy this show.
Welcome back to AbundanceThursdays of myself, Walter More
and the great Vinny smile Chopra.
Vinny is finally back.
(01:29):
He's been gone for two weeks.
He's been traveling all over Italy.
Vinny, you were all over the place.
I know the last place youvisited was Isin Bull.
I know you're there for two days.
Yes.
But where else were you in Italy?
What?
What was the tour like?
It was amazing, brother.
We started in Milan, Milano, they call it.
Then Lake Cuomo and then over there.
Beautiful.
Such a beautiful cruise and all.
(01:51):
And then of course to Venice.
That was amazing.
And the hotel was amazing.
Also, in all the places mydaughter books it, she likes the
high end five star and five, fiveratings, so that was really good.
From there we went to Venice, to Florence.
That was a lovely stay overthere for two days I think.
(02:13):
Then we went to Rome, so that'swhere we spent quite a bit
of time in Rome and Vatican.
And then looking through theCossum and at all these sites,
I. And then we went to Istanbul.
Yeah.
And then arrived Rome.
What was it like tostand near the Coliseum?
(02:34):
Oh, true.
It's just brings back, we don'thave that many older things in USAS,
but over there, when you're lookingat 4,000 years back or 5,000 years
back, and you look at the ruins and.
How now the old and the newin Rome get quite a bit.
They show the old excavated thingsand a architecture things, and
(02:57):
then the new is right next to it.
Uh, it was wonderful.
Vatican.
Oh my gosh.
And the museum.
Oh, out this world.
They were like mobs of people.
Maybe a hundred thousand peoplewho 50, I don't know how many.
Every half an hour.
Probably 3000 every half anhour probably going through it.
(03:22):
And then you have to go throughall the different places to see
artifacts and everything to goto this celestial chapel and all.
It was wonderful.
No, it was, I think the highlight.
For me and my wife, hun, was tohave Neil and Monica with us.
I think I was reminiscing yesterdaywhen we came back that the time we
(03:45):
spent in breakfast together, thetime we traveled to see this touring
and uh, took pictures and then lunchtogether, then dinner together.
So those were big highlights.
I think I enjoyed the timespending with the family.
You go different place to enjoy andtour, see the sites and everything, but
(04:08):
it's the company of the family makes itreally special and they appreciate it.
And all your hard work, all the hard work.
Then you come to realization.
It's good to really show family.
Places if you can afford to showthem that your hard work is paid off.
(04:29):
I, I agree with that.
And, and Vinnie, so did you do a lot oftravel, this is kind of a side question.
Did you do a lot of travel withthe kids when they were younger?
Or is this something that reallystarted more in the last few years?
This is very interesting what youasked me today, because I've been
with this one company for a long time.
I don't talk too much about it.
(04:49):
It was in fundraising and promotionalconsulting and sales, and every year
there was a trip I. So if you grow yoursales, you go on the trip and they would
put us in Western hotels, everything.
We were not making that muchmoney, but they always spent
five to 6,000 on the trip.
(05:11):
In the summer always.
And uh, then of course the kids,when we start having more money.
We have been traveling as a family,maybe not as lavish as now business
class and all the five star hotels.
We probably went to threestar hotels then and so forth.
And when, you know, uh, regularclass, the flights and all.
(05:33):
But no, I think traveling hasbeen a big thing in our family.
Yeah.
Yeah.
Why again?
'cause you do this is now in the lastyear your fourth major vacation, two
of which were three week vacations,and this one was two weeks.
Why, again, 'cause I ask it every time,but why again, is travel and vacation
(05:55):
so important to the success of yourbusiness and the happiness of your family?
Oh my gosh, that that's something.
I think it's to, I look at it as a timeto reset yourself, get excited about
life rejuvenate, and again, if you keepon going on, on, just like sharpening
the saw, we talk about that, right?
(06:17):
You have to reset yourself.
You have to think about what'shappening in your life and then you.
When you come back after somerelaxation, it doesn't have to
be two weeks, even few days.
We come back with a vigor, with moredirection, with more vision, I think.
And the purpose of life is toreally be happy where we are.
(06:41):
But at the same token, to let the familyknow that how hard you are working the
evenings and the weekends and all thosetimes, our precious times with the family
and with our kids, grown up now with us.
A lot of people have young kids, right?
So it's very important that we take timeout from our schedules so that they could
(07:07):
feel that there is reward at the end ofthe tunnel, and don't wait until they
grow up because by just not waiting thatlong, it'll time will never come back.
I say that the time will never come back.
So, Stanbul, that was the last trip.
It was the last spot you texted me.
You said, Hey, I'm gonna be back 9:00AM PS uh, a eight in the morning, PST.
(07:33):
I said, you're ready to come back.
Vinny, two days ago you texted me, yousaid, Hey, by the way, I'm gonna be back.
I'm ready to get the podcast going.
Yes, yes.
What was it about Stan Buell?
What was it going in your head whenyou texted me just saying, Hey,
I, I gotta get back to business.
How is it that in two weeks yougot more excited about work?
That's a good point.
Last couple of days have been prettytough days in the sense to get a lot
(07:54):
of meetings planned out because youcan't just show up and not have meetings
and closing happening in Knoxville,some loans, things happening somewhere
else, and construction loans and all.
And then I have a part I'm presentingtomorrow to a very big group over there.
They're online on the assisted living,RA LS, residential assisted living.
(08:18):
So I was preparing those in my mind.
Then this morning I got up at two30 because the time difference is so
much, so I couldn't sleep, but we sleptearly, eight 30 last night or something.
Anyway, but the thing is.
You got to be always not stressing outon the things that will happen, but you
(08:39):
got to give yourself time and energy.
So this morning I had five meetingsalready before 9:00 AM when I'm with you.
So it's always possible.
Do things in a systematicway not to stress out.
And that's the other thing I'm thinkingmore and more, I need to slow down speed
(08:59):
that, but maybe I need to do literally.
More of that because sometime we arerunning and gunning and running and
gunning, and we are not spending thequality time with the prospects, and the
prospects are not the right prospects.
The leads are not the right leads.
(09:20):
One needs to take a step back andc. What's important, could we have
put a better funnel together toask them qualify their questions?
Because it's not just our time,it's the time with the people.
Yep.
Their time is precious too.
So if we cannot help them with theservice of the product we have,
(09:42):
then why to waste their time.
So that's how I feel.
That's how I feel.
Everybody's time is veryprecious time, myself included.
And shorter the time, the better it is.
I've been just thinking about 15minutes meetings, not an hour long
meetings or 45 minutes, just 15 minutesto find out what their mind structure
(10:05):
is, what their needs are, and if Ican help, I cannot help everybody.
And that's the situation.
Yeah.
I wanted to really start the business ofinvesting in real estate, but guess what?
I had zero money.
Zero money at all.
(10:27):
Hey there, this is Vinnie Chopra.
Actually, I came from India with $7 inmy pocket, and I wanted to really start
the business of investing in real estate.
But guess what?
I had zero money.
Zero money at all.
I mean, you know, to invest in.
So that's when I was getting sick andtired of my W2 job, and I wanted to
(10:51):
start working for me so that I canget, you know, financial freedom.
And I know you might be lookinginto that also, but how I did
that was by pulling the moneytogether from different investors.
It's called syndication.
I started with one investor and nowI have a list of 370 investors, and I
(11:12):
started from a duplex of two units, duplexto $440 million business in business.
And actually you could get thatall from this book I wrote.
You know this apartmentsyndication made easy.
You could get a free copy of that by goingto VC free book.com, VC free book.com,
(11:37):
and you'll be able to get all the tricksand all the strategies that it took
me to be able to go from zero money.
Literally zero money I had left my job,and also now able to, you know, uh, do
all the syndications and purchase lot ofapartment complexes and things like that.
(11:58):
So please click the link below inthe my bio so that you could get this
free book, which is@vcfreebook.com.
Vinny, I'm gonna sharemy screen real quick.
I've been doing 15 minute calls,so in the morning I have these
(12:19):
thirties, but then I have these littlebreaks of 15 minutes and tomorrow.
Love it.
Tomorrow's a lot of thirties,but um, ah, look at that.
Two weeks ago, Vinny, I was doingthe same thing you're doing.
I was testing out the relationshipsand so I was 15 minute, 15 minute,
15 minute just to see how many.
People I could talk to and find outwho's, is this the right audience or not?
You know, is this the rightaudience for what I'm doing?
(12:42):
Yeah.
So can I add value to them or not?
You know, that same mentality.
Fantastic.
Wow.
Okay.
That's, that's the thing.
That's the thing.
And you know, automation, likethe call I just did before.
I came on the show, I was ableto just copy paste into texting.
So I have a new thing now when I'mtalking to somebody, I text them, Hey,
(13:05):
I'm looking forward to meeting youmaybe five minutes before the call.
Right?
I do that.
Then when they are telling mesome things, I keep on writing in
the text so that I don't forget.
Some salient points and Isay, this is my habit, sorry.
This way you'll remembertoo what I talked about.
And that way it helps mea lot to just take notes.
(13:27):
And it's making sure that they knowthat I'm very interested in helping
them with what they are telling me.
And that way it reinforces.
Uh, my commitment to them, that's alittle hack I started doing, and then
I go ahead and put that copy, paste itinto the notes section so that it's much
(13:48):
easier because we talk to so many people.
Uh, it's good to reallyremember as much as you can.
The best way to remember themis by taking notes, good notes.
The, the best.
You've said this to me many times.
The best CRM you have is your iPhone.
It's the phone in your pocket.
Yes.
Fill the notes section up.
Stay in touch with people.
(14:09):
Totally.
So Vinny, I got another.
Call jumping in two minutes, soI wanna respect your time because
I know you're busy today as well.
The big thing that we were talkingabout, like I had another call right
before this and there was a gentlemanin there and he was looking for
passive investing and he was really,I had him on the Mastermind the other
night and he is, Hey, look, I love themastermind, I love the syndication,
but he said, I don't want to be the gp.
(14:31):
And he, he, he looked at me like, look,I'm at a different place in my life.
I got my kids, I got my wife, I gotmy, my company is running really well.
He said, I don't wanna be the gp.
I really wanna learn aboutthe LP side of things.
And so I took him through the Apartmentsyndication Academy and I showed him,
I was like, look, you still need tolearn all of this as an underwriter so
you can underwrite as an LP so you canunderstand like how a good deal is done.
(14:52):
And he was like, yeah.
So in the Mastermind I'm gonnaget access to good deals.
I was like, Vinny's aboutto jump on a call with me.
So we're we're Thursdays and yousaid you would actually put out your
opportunity fund, the, the fund that you.
On Facebook, but in the mastery programwhere we have all that put aside.
Sure.
Video that you did theother day and then Yep.
(15:13):
The PowerPoint presentation.
The or the deck.
The whole brochure.
The, yep.
The whole deck.
You bet, brother.
It's a strategic incomefund for passive investors.
Credited passive investors.
I should say that because.
It's with the 5 0 6, and that way Ican talk about it, the percentages,
the IRRs, everything, and wecan share it with the public.
(15:37):
We can do advertising,all that stuff, right?
But the key thing is it'sa strategic fund to help.
The investors gps, who are verystrong, they have very good assets,
which are newly built, 21, 20, 22, 23.
We are looking at 1 23 builtlast year, and it's huge.
(15:58):
It's 97% occupied and they justneed that little cash from us.
16% return by the way,they'll give us and also.
Take it for nine months or so.
They're going through hard financingand all anyway, but the key thing
is we are giving 12% of that16% back to passive investors.
(16:21):
So not bad.
12%. We keep that 4% for the GP side, so.
The, our investors will be happy to getwith the turmoil in the stock market.
It's way down today, hugedown, and uh, all that, right?
But this way passively, peoplecan invest with us and get 12%, or
they could choose in this strategicincome fund, 10% plus the upside.
(16:45):
So that's the equity gain.
If they want to take a littleless on the cash flow per year,
let's say we pay quarterly.
In our company not pay monthlyat all, so we pay quarterly and
so forth, and we reduced it.
Also, some people reached out to us,meaning to put 50,000 or a hundred or
(17:06):
200, so we dropped the level to 50.
Also, in this one, we wantto help a lot of people.
Yeah.
Yeah.
So this is a little different from your ahundred million dollar hospitality funds.
Yes.
A little different from thea senior assisted living fund
that you have running this.
This is more of an income fund.
So the strategic income fund, Ilike that they're all 5 0 6 Cs.
'cause you and I chat all the time.
Mm-hmm.
So on the internet.
(17:26):
So it's nice you'regonna put that out there.
His big concern for me was he,look, I know there's a lot of
newer operators in the mastermind.
He said, he said, I love the ideaof investing in new operators.
He said, I love that, but.
I'd really like to invest withpeople who've done things.
Got big good track records.
So one of the investments, the strategicincome fund, I told him is that it's
(17:47):
minimum a UM of half a billion dollars.
Is that still?
Yes.
Yes.
Totally.
Because the thing is, see,we have so many deals.
They want us to invest in them, but we arenot, 'cause we want to really help those
where the properties are performing well.
(18:08):
It's not a rescue fund.
It's not the foreclosure.
And right there.
Yeah.
I'll stay right there.
Okay.
Okay.
Yeah.
Lou is in the room full.
Oh, okay.
Okay.
Okay.
Beautiful.
You're right.
The key thing is we want to be veryprotective of the capital of our investors
and make sure we make the right decisions.
And my partner and I, we haveover 2 billion, 3 billion, almost
(18:32):
under AUM ourselves together.
But the key thing is we want to help theoperators who are very savvy like us.
And they have lots of theirown money into the deal.
We wanna look at their equity.
And we are the seniorfund, senior income fund.
Right behind the main lender.
Right?
(18:52):
Senior debt we call it.
Yeah.
Yeah.
Perfect.
So for everybody who is.
Interested in learning more aboutsyndication, about how Vinny operates.
We do this every single Thursday.
It's a part.
It's wow abundance.
Thursday's been two weeks.
Vince Abundance Thursdays with myself,Boston Real at the Great Vinny Smile chop.
You can go to vinny chopra.com.
You can learn more about his deals.
(19:13):
We'll learn more about his experienceand his mentorship program and
all of the wonderful thingsthat Vinny's doing in the world.
His website will be updated from what Iunderstand in the next three to four days.
So it's coming.
It's coming.
Very call to action and thank you somuch and please do send me the link
also, if you don't mind, brother.
And I'll see you next week.
See everybody please share andcomment and we are here for you
(19:37):
to take you to the next level.
Thank you so much.
Cheer your success.
We have a choice.
I always work with thebest Abundance Thursdays.
That's 9:00 AM PST, and that is12:00 PM EST. See you the next one.
Yes.
Cheers.
See you.
Bye-bye.
Hey there.
The upcoming episode isscheduled for Thursday.
(19:57):
We appreciate your viewershipof the Abundance Mindset Show.
Tune in every Thursday at 9:00 AM PacificStandard Time, or 12:00 PM Eastern on
various social media platforms hostedby Vinny Chopra and Gal Amarillo.
Don't forget to subscribe, share yourcomments, and leave a five star review.
Thank you for your support.
To do the things in a systematicway, not to stress out.
(00:04):
And that's the other thingI'm thinking more and more, I
need to slow down to speed up.
I say that a lot, but maybe I needto do it literally more of that
because sometime we are running andgunning and running and gunning.
And we are not spending the qualitytime with the prospects, and the
(00:25):
prospects are not the right prospects.
The leads are not the right leads.
One needs to take a step back and see.
What's important?
Could we have put a better funneltogether to ask them qualify their
questions because it's not just our time.
Hey friends, this is Winnie Chopra.
(00:46):
Thank you for liking the episodes thatwe bring the guests in our podcast.
Please do go to winnie chopra.com and freeslash free benefits so that you could get
a lot of good things, goodies, all that.
And also please follow.
Walter and I do a show AbundanceMindset on Thursday Morning Live,
(01:08):
which is on 9:00 AM Pacific, and alsoNIE and Bo Show, which we also go
live on Friday at 9:00 AM Pacific.
See you on the other episode.
Take care.
Enjoy this show.
Welcome back to AbundanceThursdays of myself, Walter More
and the great Vinny smile Chopra.
Vinny is finally back.
(01:29):
He's been gone for two weeks.
He's been traveling all over Italy.
Vinny, you were all over the place.
I know the last place youvisited was Isin Bull.
I know you're there for two days.
Yes.
But where else were you in Italy?
What?
What was the tour like?
It was amazing, brother.
We started in Milan, Milano, they call it.
Then Lake Cuomo and then over there.
Beautiful.
Such a beautiful cruise and all.
(01:51):
And then of course to Venice.
That was amazing.
And the hotel was amazing.
Also, in all the places mydaughter books it, she likes the
high end five star and five, fiveratings, so that was really good.
From there we went to Venice, to Florence.
That was a lovely stay overthere for two days I think.
(02:13):
Then we went to Rome, so that'swhere we spent quite a bit
of time in Rome and Vatican.
And then looking through theCossum and at all these sites,
I. And then we went to Istanbul.
Yeah.
And then arrived Rome.
What was it like tostand near the Coliseum?
(02:34):
Oh, true.
It's just brings back, we don'thave that many older things in USAS,
but over there, when you're lookingat 4,000 years back or 5,000 years
back, and you look at the ruins and.
How now the old and the newin Rome get quite a bit.
They show the old excavated thingsand a architecture things, and
(02:57):
then the new is right next to it.
Uh, it was wonderful.
Vatican.
Oh my gosh.
And the museum.
Oh, out this world.
They were like mobs of people.
Maybe a hundred thousand peoplewho 50, I don't know how many.
Every half an hour.
Probably 3000 every half anhour probably going through it.
(03:22):
And then you have to go throughall the different places to see
artifacts and everything to goto this celestial chapel and all.
It was wonderful.
No, it was, I think the highlight.
For me and my wife, hun, was tohave Neil and Monica with us.
I think I was reminiscing yesterdaywhen we came back that the time we
(03:45):
spent in breakfast together, thetime we traveled to see this touring
and uh, took pictures and then lunchtogether, then dinner together.
So those were big highlights.
I think I enjoyed the timespending with the family.
You go different place to enjoy andtour, see the sites and everything, but
(04:08):
it's the company of the family makes itreally special and they appreciate it.
And all your hard work, all the hard work.
Then you come to realization.
It's good to really show family.
Places if you can afford to showthem that your hard work is paid off.
(04:29):
I, I agree with that.
And, and Vinnie, so did you do a lot oftravel, this is kind of a side question.
Did you do a lot of travel withthe kids when they were younger?
Or is this something that reallystarted more in the last few years?
This is very interesting what youasked me today, because I've been
with this one company for a long time.
I don't talk too much about it.
(04:49):
It was in fundraising and promotionalconsulting and sales, and every year
there was a trip I. So if you grow yoursales, you go on the trip and they would
put us in Western hotels, everything.
We were not making that muchmoney, but they always spent
five to 6,000 on the trip.
(05:11):
In the summer always.
And uh, then of course the kids,when we start having more money.
We have been traveling as a family,maybe not as lavish as now business
class and all the five star hotels.
We probably went to threestar hotels then and so forth.
And when, you know, uh, regularclass, the flights and all.
(05:33):
But no, I think traveling hasbeen a big thing in our family.
Yeah.
Yeah.
Why again?
'cause you do this is now in the lastyear your fourth major vacation, two
of which were three week vacations,and this one was two weeks.
Why, again, 'cause I ask it every time,but why again, is travel and vacation
(05:55):
so important to the success of yourbusiness and the happiness of your family?
Oh my gosh, that that's something.
I think it's to, I look at it as a timeto reset yourself, get excited about
life rejuvenate, and again, if you keepon going on, on, just like sharpening
the saw, we talk about that, right?
(06:17):
You have to reset yourself.
You have to think about what'shappening in your life and then you.
When you come back after somerelaxation, it doesn't have to
be two weeks, even few days.
We come back with a vigor, with moredirection, with more vision, I think.
And the purpose of life is toreally be happy where we are.
(06:41):
But at the same token, to let the familyknow that how hard you are working the
evenings and the weekends and all thosetimes, our precious times with the family
and with our kids, grown up now with us.
A lot of people have young kids, right?
So it's very important that we take timeout from our schedules so that they could
(07:07):
feel that there is reward at the end ofthe tunnel, and don't wait until they
grow up because by just not waiting thatlong, it'll time will never come back.
I say that the time will never come back.
So, Stanbul, that was the last trip.
It was the last spot you texted me.
You said, Hey, I'm gonna be back 9:00AM PS uh, a eight in the morning, PST.
(07:33):
I said, you're ready to come back.
Vinny, two days ago you texted me, yousaid, Hey, by the way, I'm gonna be back.
I'm ready to get the podcast going.
Yes, yes.
What was it about Stan Buell?
What was it going in your head whenyou texted me just saying, Hey,
I, I gotta get back to business.
How is it that in two weeks yougot more excited about work?
That's a good point.
Last couple of days have been prettytough days in the sense to get a lot
(07:54):
of meetings planned out because youcan't just show up and not have meetings
and closing happening in Knoxville,some loans, things happening somewhere
else, and construction loans and all.
And then I have a part I'm presentingtomorrow to a very big group over there.
They're online on the assisted living,RA LS, residential assisted living.
(08:18):
So I was preparing those in my mind.
Then this morning I got up at two30 because the time difference is so
much, so I couldn't sleep, but we sleptearly, eight 30 last night or something.
Anyway, but the thing is.
You got to be always not stressing outon the things that will happen, but you
(08:39):
got to give yourself time and energy.
So this morning I had five meetingsalready before 9:00 AM when I'm with you.
So it's always possible.
Do things in a systematicway not to stress out.
And that's the other thing I'm thinkingmore and more, I need to slow down speed
(08:59):
that, but maybe I need to do literally.
More of that because sometime we arerunning and gunning and running and
gunning, and we are not spending thequality time with the prospects, and the
prospects are not the right prospects.
The leads are not the right leads.
(09:20):
One needs to take a step back andc. What's important, could we have
put a better funnel together toask them qualify their questions?
Because it's not just our time,it's the time with the people.
Yep.
Their time is precious too.
So if we cannot help them with theservice of the product we have,
(09:42):
then why to waste their time.
So that's how I feel.
That's how I feel.
Everybody's time is veryprecious time, myself included.
And shorter the time, the better it is.
I've been just thinking about 15minutes meetings, not an hour long
meetings or 45 minutes, just 15 minutesto find out what their mind structure
(10:05):
is, what their needs are, and if Ican help, I cannot help everybody.
And that's the situation.
Yeah.
I wanted to really start the business ofinvesting in real estate, but guess what?
I had zero money.
Zero money at all.
(10:27):
Hey there, this is Vinnie Chopra.
Actually, I came from India with $7 inmy pocket, and I wanted to really start
the business of investing in real estate.
But guess what?
I had zero money.
Zero money at all.
I mean, you know, to invest in.
So that's when I was getting sick andtired of my W2 job, and I wanted to
(10:51):
start working for me so that I canget, you know, financial freedom.
And I know you might be lookinginto that also, but how I did
that was by pulling the moneytogether from different investors.
It's called syndication.
I started with one investor and nowI have a list of 370 investors, and I
(11:12):
started from a duplex of two units, duplexto $440 million business in business.
And actually you could get thatall from this book I wrote.
You know this apartmentsyndication made easy.
You could get a free copy of that by goingto VC free book.com, VC free book.com,
(11:37):
and you'll be able to get all the tricksand all the strategies that it took
me to be able to go from zero money.
Literally zero money I had left my job,and also now able to, you know, uh, do
all the syndications and purchase lot ofapartment complexes and things like that.
(11:58):
So please click the link below inthe my bio so that you could get this
free book, which is@vcfreebook.com.
Vinny, I'm gonna sharemy screen real quick.
I've been doing 15 minute calls,so in the morning I have these
(12:19):
thirties, but then I have these littlebreaks of 15 minutes and tomorrow.
Love it.
Tomorrow's a lot of thirties,but um, ah, look at that.
Two weeks ago, Vinny, I was doingthe same thing you're doing.
I was testing out the relationshipsand so I was 15 minute, 15 minute,
15 minute just to see how many.
People I could talk to and find outwho's, is this the right audience or not?
You know, is this the rightaudience for what I'm doing?
(12:42):
Yeah.
So can I add value to them or not?
You know, that same mentality.
Fantastic.
Wow.
Okay.
That's, that's the thing.
That's the thing.
And you know, automation, likethe call I just did before.
I came on the show, I was ableto just copy paste into texting.
So I have a new thing now when I'mtalking to somebody, I text them, Hey,
(13:05):
I'm looking forward to meeting youmaybe five minutes before the call.
Right?
I do that.
Then when they are telling mesome things, I keep on writing in
the text so that I don't forget.
Some salient points and Isay, this is my habit, sorry.
This way you'll remembertoo what I talked about.
And that way it helps mea lot to just take notes.
(13:27):
And it's making sure that they knowthat I'm very interested in helping
them with what they are telling me.
And that way it reinforces.
Uh, my commitment to them, that's alittle hack I started doing, and then
I go ahead and put that copy, paste itinto the notes section so that it's much
(13:48):
easier because we talk to so many people.
Uh, it's good to reallyremember as much as you can.
The best way to remember themis by taking notes, good notes.
The, the best.
You've said this to me many times.
The best CRM you have is your iPhone.
It's the phone in your pocket.
Yes.
Fill the notes section up.
Stay in touch with people.
(14:09):
Totally.
So Vinny, I got another.
Call jumping in two minutes, soI wanna respect your time because
I know you're busy today as well.
The big thing that we were talkingabout, like I had another call right
before this and there was a gentlemanin there and he was looking for
passive investing and he was really,I had him on the Mastermind the other
night and he is, Hey, look, I love themastermind, I love the syndication,
but he said, I don't want to be the gp.
(14:31):
And he, he, he looked at me like, look,I'm at a different place in my life.
I got my kids, I got my wife, I gotmy, my company is running really well.
He said, I don't wanna be the gp.
I really wanna learn aboutthe LP side of things.
And so I took him through the Apartmentsyndication Academy and I showed him,
I was like, look, you still need tolearn all of this as an underwriter so
you can underwrite as an LP so you canunderstand like how a good deal is done.
(14:52):
And he was like, yeah.
So in the Mastermind I'm gonnaget access to good deals.
I was like, Vinny's aboutto jump on a call with me.
So we're we're Thursdays and yousaid you would actually put out your
opportunity fund, the, the fund that you.
On Facebook, but in the mastery programwhere we have all that put aside.
Sure.
Video that you did theother day and then Yep.
(15:13):
The PowerPoint presentation.
The or the deck.
The whole brochure.
The, yep.
The whole deck.
You bet, brother.
It's a strategic incomefund for passive investors.
Credited passive investors.
I should say that because.
It's with the 5 0 6, and that way Ican talk about it, the percentages,
the IRRs, everything, and wecan share it with the public.
(15:37):
We can do advertising,all that stuff, right?
But the key thing is it'sa strategic fund to help.
The investors gps, who are verystrong, they have very good assets,
which are newly built, 21, 20, 22, 23.
We are looking at 1 23 builtlast year, and it's huge.
(15:58):
It's 97% occupied and they justneed that little cash from us.
16% return by the way,they'll give us and also.
Take it for nine months or so.
They're going through hard financingand all anyway, but the key thing
is we are giving 12% of that16% back to passive investors.
(16:21):
So not bad.
12%. We keep that 4% for the GP side, so.
The, our investors will be happy to getwith the turmoil in the stock market.
It's way down today, hugedown, and uh, all that, right?
But this way passively, peoplecan invest with us and get 12%, or
they could choose in this strategicincome fund, 10% plus the upside.
(16:45):
So that's the equity gain.
If they want to take a littleless on the cash flow per year,
let's say we pay quarterly.
In our company not pay monthlyat all, so we pay quarterly and
so forth, and we reduced it.
Also, some people reached out to us,meaning to put 50,000 or a hundred or
(17:06):
200, so we dropped the level to 50.
Also, in this one, we wantto help a lot of people.
Yeah.
Yeah.
So this is a little different from your ahundred million dollar hospitality funds.
Yes.
A little different from thea senior assisted living fund
that you have running this.
This is more of an income fund.
So the strategic income fund, Ilike that they're all 5 0 6 Cs.
'cause you and I chat all the time.
Mm-hmm.
So on the internet.
(17:26):
So it's nice you'regonna put that out there.
His big concern for me was he,look, I know there's a lot of
newer operators in the mastermind.
He said, he said, I love the ideaof investing in new operators.
He said, I love that, but.
I'd really like to invest withpeople who've done things.
Got big good track records.
So one of the investments, the strategicincome fund, I told him is that it's
(17:47):
minimum a UM of half a billion dollars.
Is that still?
Yes.
Yes.
Totally.
Because the thing is, see,we have so many deals.
They want us to invest in them, but we arenot, 'cause we want to really help those
where the properties are performing well.
(18:08):
It's not a rescue fund.
It's not the foreclosure.
And right there.
Yeah.
I'll stay right there.
Okay.
Okay.
Yeah.
Lou is in the room full.
Oh, okay.
Okay.
Okay.
Beautiful.
You're right.
The key thing is we want to be veryprotective of the capital of our investors
and make sure we make the right decisions.
And my partner and I, we haveover 2 billion, 3 billion, almost
(18:32):
under AUM ourselves together.
But the key thing is we want to help theoperators who are very savvy like us.
And they have lots of theirown money into the deal.
We wanna look at their equity.
And we are the seniorfund, senior income fund.
Right behind the main lender.
Right?
(18:52):
Senior debt we call it.
Yeah.
Yeah.
Perfect.
So for everybody who is.
Interested in learning more aboutsyndication, about how Vinny operates.
We do this every single Thursday.
It's a part.
It's wow abundance.
Thursday's been two weeks.
Vince Abundance Thursdays with myself,Boston Real at the Great Vinny Smile chop.
You can go to vinny chopra.com.
You can learn more about his deals.
(19:13):
We'll learn more about his experienceand his mentorship program and
all of the wonderful thingsthat Vinny's doing in the world.
His website will be updated from what Iunderstand in the next three to four days.
So it's coming.
It's coming.
Very call to action and thank you somuch and please do send me the link
also, if you don't mind, brother.
And I'll see you next week.
See everybody please share andcomment and we are here for you
(19:37):
to take you to the next level.
Thank you so much.
Cheer your success.
We have a choice.
I always work with thebest Abundance Thursdays.
That's 9:00 AM PST, and that is12:00 PM EST. See you the next one.
Yes.
Cheers.
See you.
Bye-bye.
Hey there.
The upcoming episode isscheduled for Thursday.
(19:57):
We appreciate your viewershipof the Abundance Mindset Show.
Tune in every Thursday at 9:00 AM PacificStandard Time, or 12:00 PM Eastern on
various social media platforms hostedby Vinny Chopra and Gal Amarillo.
Don't forget to subscribe, share yourcomments, and leave a five star review.
Thank you for your support.
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