Episode Transcript
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(00:15):
This is Vinney Chopra just to mentionagain, I'm really excited you are here
with me and it's for accredited investorsin this uncertain times what to do.
And, just to talk about, let's justclose this up over here and here.
There we go.
Again, welcome to this exclusive seminar.
(00:36):
I do give these seminars onEventbrite, quite a few different ones.
Again, this webinar is for entertainment,educational purposes only, and
should not be considered as legal,accounting, or investment advice.
We are not selling any securityor any PPM or anything.
Please do consult with your ownattorney, financial advisor, CPA, for
(00:59):
legal matters and things like that.
Just do a little bit about me.
Some of you might know me or youhave seen my Vinneychopra.com.
I'm a mechanical engineer.
Came from India with $7 in my pocketand some dreams and arrived in USA.
Then MBAI came to do my MBA Master'sin Business Administration right
(01:21):
there, motivational speaker fundraiser.
Became a broker in California.
I lived in Danville, California, righthere in near to San Francisco and
started lots of groups, companies,and started from a humble beginning
selling books, Bible and encyclopedias.
Three summers.
And to earn my tuition.
(01:42):
So hard work had been in my blood.
And then I founded several companiesand took the portfolio from, $7 in my
pocket to over a $1 billion in a assetsunder management, where I was the.
I am the principal in everything.
Not too many partners.
We are a boutique company.
(02:03):
Again, like there, you just saw that myhusband, I've been married 45 years with
two children, Neil and Monica, that'swhy I have a company's name is Monil,
Monica and Neil together and so forth.
42 years.
All these single family homes,some of you might have already.
Been investing in single familyand duplexes, but then I got into
(02:24):
hotels and senior livings andapartments and things like that.
So we'll just go a little bitquickly and if you want to
even follow, you might know me.
I have a podcast also, which isTop in the Nation and Mindset Show.
I just did it Live Mindset, abundanceMindset, and Vinney and Boho Tomorrow,
and I have written three books also.
(02:45):
Audio and paperback and everything,if anybody's interested, hopefully
you could find them over there.
I'll give you these also througha, at the end of the webinar.
If you stay all the way along, thenyou'll be able to, get that also from me.
Let's see here.
I'm just trying to see that everybody.
Hi Jill.
(03:06):
Nice to have you.
Thanks for coming in, everybody.
Asthma will let you in there.
So let's just talk about, what'stoday's economic landscape?
Boy, persistence.
Inflation.
Inflation looks like with the tariffsnow it is going to even creep up more.
And then rising interestrates, are they gonna be cuts?
(03:26):
There are supposed to be the.
Experts say maybe in June we mightget a cut 0.25, maybe another
0.25, 0.25 later on in there.
But nobody knows.
Nobody knows market.
What volatility is there?
Increased price swings between, as oneday stock market is up, one day it's
down, and geopolitical tensions are there.
(03:49):
Huge with tariffs with differentcountries and China definitely, as you
all know, quite a bit having the troubleto get them to come up with the, oh
my gosh, I don't know what's going on.
Okay, there we go again.
The accredited investoradvantages is that.
You are if you have 500,000liquid or 1 million liquid network
(04:12):
worth of million dollar more,you have access to investments
unavailable to retail investors.
That's the good part in havingliquidity in this market.
Powerful networks, connectionsto deal flow and expert.
Insights and capital reserves financialstability and investment sophistication.
(04:33):
That's the biggest thing.
All of you are joining today becauseyou have a much higher level of
knowledge and also experience toevaluate complex opportunities.
So hopefully that's what I'll be talkingto you a little bit, and hopefully.
Share with you certain things which I'mfinding going from multifamily, which is
(04:55):
red and bleeding into some asset classes,which are really making good cash flows.
So hopefully you'll ask me some questions.
I. Towards the end of thepresentation, and so on that.
So asset allocation is big, or relationalmanagement, geographic exposure.
You don't wanna put allthe eggs in one basket.
(05:15):
I always say that.
And also the time horizon.
Are you looking at short term,medium or long term investments?
And.
Depending on the liquidity and whereyou put the money in right there.
I don't know why.
Again and again, it just does.
Okay.
Private equity, growth equityfunds, I'm sure there are lots
(05:36):
of different investments out.
There if you are on the social media, somany people are saying, oh yeah, get 15,
20% annually two to seven year horizon.
I see that so many ads put in on Facebookand Instagram all over the place.
Acquiring, controlling, stake inmature businesses is venture capital.
(05:58):
I've been also investing inventure capital for many years.
That's something if your profile is that.
Might be looking into,investing into those.
But real estate is where Ifind the leverage comes in.
The leverage is bigthing and tax advantages.
And the other part I like aboutreal estate, hopefully you do too.
(06:21):
It doesn't go to zero overnight.
If you buy in the right areas.
The multifamily also, I boughtso many doors and we were able to
increase equity gains is the word byvalue add and everything, and made
extremely great returns for investors.
But right now, I don't know if youhave invested in some deals which
(06:45):
are not cash flowing, but that hasbeen a. Troublesome in the last two,
three years and so on with insurancecosts going high and rate clocks not
being there, and things like that.
Industrial.
Really big, by the way, withthe e-commerce growth right now.
I hope you are able to look intologistics and the industrial sector,
(07:09):
which I am also looking into that by theway, I'll be learning and teaching as
we go on some of my very good partnersand friends, they are into industrial
and they have done really well.
Healthcare properties now.
That's something I'm gonna talkabout today, which we'll talk about.
And also the tourism.
Also, we'll talk about opportunity zones.
(07:31):
Tax advantages are there, but I've shiedaway from opportunity zones because they
are the depressed areas in any metro area.
Where you get taxes and all, but youdon't know how other people around
there will be putting money and how thedevelopment is gonna come and so forth.
I just stayed away, but it's, your riskprofile will let you, look into that.
(07:56):
Of course.
Private credit is not bad.
Not bad.
Being a bank is a good thing, if youfind some people who are able to, that
you can work the deals and direct lendto people through your IRA or retirement
plans or like that, not bad at all.
If you.
Know the people and theyhave good track record.
(08:19):
That's the key.
That's the real key.
Real estate debt is not bad at all.
Again, in a Meny senior loan secured bythe qualified properties, you wanna make
sure you are right behind the seniorloans, senior debt, then your debt then
comes their investors, and so on in.
So the real estate debt, or GI call it.
(08:41):
It's pretty good deal actually.
As a matter of fact, we are planningright now with a good, solid returns.
Again, I'm not selling anysecurity for any, anyone of you
or people who are watching it.
Later on, they want to reach out to us.
To me explain like we are giving like10%, 11%, and 12% hard prep, we call it.
(09:04):
What that means is it'sa. Yield, you get 10% net.
It's not like you get 10% andthen you are in the 30% bracket.
Now you take away 3%to taxes for Uncle Sam.
You are left with only seven.
What we will do will be giving the costsegregation accelerated deprecation
(09:27):
negative so that your 10 is real 10.
That's the beauty of it.
So in other words, 10% net is equal toalmost 13% getting from somebody else.
And it'll be paid out monthly orquarterly, like there, and then 11%
will be net 11 and 12% will be net 12.
(09:47):
So actually if 12 at 30, 40% islike 4%, so it's 16% you're making.
But finally you are taking.
12% home.
That's something, I'm, I justwanted to explain that a little bit.
Distressed debt.
Now that's purchasing troubled loans.
I just don't like that.
(10:08):
You could lose all your moneyand things like that, but it all
depends where your risk profile is.
But there are so many placeswhere you could invest your money.
Invest your money to make money.
I call it velocity of money.
For accredited investors, it's soimportant that your money's not sitting.
(10:29):
In one place, but you are putting themin different in the streams of income
where it's growing conservatively,of course, with finding the right
operators and putting it with them.
Specialty finance, big one.
Niche sectors like, litigation,finance, Royal, I don't know.
Again, that's something hedgingstrategies for uncertain times
(10:51):
option strategy puts in collars.
Some of you.
Who are joining me today, maybeyou're really great at it.
I'm not.
I'm not good at that.
That at all.
And precious metals.
I believe in precious metals, andI know gold has just skyrocketed.
You all know that.
And silver also is very strong,right now as a portfolio insurance.
(11:12):
So the key thing I find in talkingto my very wealthy investors,
I've raised over $200 million.
What my investors have given me,accredited investors and sophisticated
investors have given me over $200million where I have bought these
real estate deals and everything.
(11:34):
I have not put their money in thesethings at all, but I. Mostly real
estate because I like real estatein the sense that you could really
invest like a hundred thousand in it.
But if the LTV loan to value ratiois like 70 30, you are controlling
three times or three and a half,three, 350,000 for your hundred.
(12:01):
So it's like you aregrowing your money by.
Controlling larger leverage portion,and when the increase happens, the
bank or the lender just takes their.
Payment of the loan back balanceof the ba loan, but they don't
take any equity gain from us, fromyou, from the investors or from me.
(12:26):
General partner like that.
I love that.
So the leverage deal is a better deal.
Good.
Good.
Debt is.
Good debt.
Bad debt is not good there, but.
Good debt where it can growin everything is pretty good.
Volatile, Wix and all that.
I don't believe in leverage.
Tax advantages.
Again, I mentioned about 10 31 charitable.
(12:47):
This is a good one.
The middle one, by the way.
We bought this hotel, just to giveyou an example, in Texas for 6
million and it went to 12 million.
Wow.
We were able to manage itso rightly and everything.
Increased occupancy value add, and thenwe sold it right there, I think in 2023.
(13:09):
2023. And then from 10 31.
Profit.
We made like 6 million.
We were able to take that, convert itinto another hotel and not pay any gains.
So that's the one over there, of course.
And then alternative and worthconsidering all that, and Bitcoin,
Ethereum, you all know if you are.
(13:31):
Into that or you feel good about it?
Yeah, I know it's increasing.
Bitcoin has gone from, gosh,what, 69,000 to right now?
96 or 97 I saw today,but it's all up to you.
But let's come back to where youmight be interested in looking into.
(13:51):
Okay.
This is the crust of the thingI want to share with you.
Silver tsunami is a big one.
What that means is 10,000 babyboomers are turning 65 every night.
Every day from 2011 to 2030,they'll be all the baby boomers.
(14:14):
74 million of them will be seniors,baby boomers will be turning
seniors, and that's where you maylike to look into these deals.
Where you are investing into the seniors,it's feeling good investments and doing
(14:35):
right also for the seniors, but thecash flows are really humongous and
I'll show you how and so forth, but.
Please ask me questions also,and we'll just talk about it.
65 and plus, look at this here.
Like we are right inthe middle here, 2025.
So we are right at about60, let's say 62 million.
(14:56):
If we just brought it in the half,that's gonna become almost 98 million.
Look at that.
So the senior population, the darkergreen is gonna keep on increasing.
In the next 35 years.
And then this one, the green,the lighter green is the 85 plus.
(15:18):
So actually there will be lotmore, almost 300% increased.
In the 85 plus population, and withall the medical help and everything,
people are living longer and theywill need assistance as they get
to be in the eighties, 85, 90.
(15:39):
They need assistance, so that'swhere I wanted to get your attention.
Everybody attending or watchingit even later on the RAL.
Actually, this is calledresidential assisted living.
Assisted living right there, and memorycare that's in the middle portion right
over here where it's state licensing isrequired and the medication is taken care
(16:04):
of, battling assistance, peer service,private pay, all that, and then closely
monitored in the memory care dementia.
Some of the statistics are pretty bad.
They're saying like one outof three will get memory loss
or dementia in their lifetime.
That's pretty bad.
But that's where it needs moreclosely monitoring special
(16:28):
activities and so on that.
So that's what I have been finding.
A lot of good cashflowin the middle sector.
Of course, there is cashflow to be madehere also, it's just that these are age
restricted apartments in independentliving, and this is skilled nursing.
A lot of businesses are here with rehabcenters, medical services, nursing
(16:52):
homes, and that's a good business, butit's very treacherous, very complex.
I'll just say that, butlet's talk about this one.
This one is.
Inflation resistant investments,which I wanted to get
everybody to really look into.
I stopped doing traditionallymultifamily, by the way.
(17:12):
I'm the one who werebuying 4, 5, 6, sometime.
I went seven multifamilyproperties a year.
Then I saw writing on the wallabout four, five years back.
That, hey, the cash flow is not there.
And people were overpaying and overpaying.
New investors, newsyndicators were over bidding.
(17:35):
And I said, I gotta get out of there,and I sold my assets at peak very nicely.
Goodness, but then when I stoppedthat, my results skyrocketed.
Senior living.
Senior living is reallycash flow with a purpose.
It's strong cash flow with apurpose also that you're helping
(17:57):
the seniors feeling good about thewhere you live in your backyard.
So one boutique.
10 bedroom home, single familyhome, by the way, delivered two to
three x higher NOY than multifamily.
It's mind blowing, and you're ableto fill with, the demand is so
(18:18):
high when I show you some numbers.
It's 90% occupancy in senior living.
And the best part is i'll, I thinkI have some slides to show you.
And the premium rates for premium care.
Average rate is $5,000, 5,200 I think,per month that the seniors pay to live in
(18:39):
the single family home, 10 bedroom, sixbedroom, seven bedroom, whatever it is.
But then you give them care and food andcook to order meals and all that, and.
Families and the residents, they love it.
They loved it.
Profit meets purpose,and that's the future.
It really is.
(18:59):
So let me give you some statistics.
Senior living industry, 94.2 billionevery revenue this like couple of years
back, it's growing like crazy right there.
And the medium annual cost ofassisted living right there.
Right there.
And then 70% of the seniors who willneed some kind of care in their lifetime.
(19:22):
And then these are thetotal number of city living
communities in us, almost 30,600.
But the distance is big asyou see in this next graph.
The demand trend is huge.
If we keep over here.
In the same format.
(19:42):
Keep on growing in the same pace for thenext, like we are right here, right about
here, I think 25 to 20, 25, 26 over here.
Then 30.
Look at the gap.
Then 34, look at the gap and thebig supply shortage is coming.
So that's why we wantto get on the bandwagon.
(20:04):
And the population of 80 plus populationforecast is gonna keep on increasing.
So this is a beautiful chart.
I hope you will take a pictureof it with a camera or something.
That's a good one.
If you need this presentationalso, please let us know and
we'll, provide you that too.
Building your roadmapto financial freedom.
(20:26):
The biggest thing is that.
We love the senior housing becausenon-working class, they have
already worked and really enjoyingtheir golden years of life.
I say zero concessions, zerodelinquencies, zero deferred maintenance
because we are renovating these homes,single family homes like that, and very
(20:48):
low turnover because once they likethat community, they want to live there
for three, four years, until they.
They, heavenly abroad and highsatisfaction of making a difference
in the lives of our seniors.
That is huge.
That is huge.
Again, stable and reliable Cashflows of almost like 10,000 to 15,000
(21:13):
per single family home per month.
Per month.
That's the typically you couldkeep as the net income right there.
Occupancy levels 50, I know it's safe.
Typically generate substantiallymonthly income, right about there.
Then 45 to 95 occupancy because demand isthere and net profit margin really strong.
(21:34):
Strong cash and cash is huge,like 30% and something I, why
did my team put it over here?
Ladies?
70% of the assisted livingcommunities have ladies in there.
70% are ladies because they survivewhen the husband passes away.
(21:55):
Things like that.
So it's a silly serving a noble car.
No, cause you know where you are givingback to the community and community
contribution and you're giving a greatlife of dignity and safety and everything.
I just wanted to sharea couple of things here.
We bought these two homes rightthere in the Phoenix area and
(22:17):
they are doing really well.
We were able to get them decorated, as youcan see very nicely right there and now.
We are so pleased.
Within few months, we haveI think, 50% occupancy.
It's going to be 60, 70, 80, then ahundred percent, that's the backyard.
So these are the residential assistedlivings we are talking about residential.
(22:41):
Any questions?
Huh?
Asthma?
Maybe you could unmuteif anybody's got there.
Raise your hand if you'd like me toanswer any questions, please let me know.
Please let me know.
Any questions, pleaseput it in the chat also.
But the big thing is you wanna give goodquality resident to the seniors to live
(23:05):
and really enjoy being in your home.
That's the beauty of it.
Look at how beautiful it is.
All these are again, sweets andthings and dining room, and our
caregivers cook really great cook.
To me, and then we have areally nice video also here.
I, we can show, see it if, by theway, I've been making them ground up
(23:28):
centers, assisted living centers, butit was taking me two years to make one.
Two years to make one.
So I just decided few years back, Isaid, you know what, it's a long game.
They were nice and I bought,built them and sold them.
But the big thing is movietheater was there, spa was there.
Here's salons, game rooms, sunroomsLibrary, really nice things.
(23:52):
Look at the, 'cause there arelike hundred seniors in this
particular five star, thing.
But I. Investors like youaccredited investors, you could
invest with me or with anybody.
Good operators where your moneycan make more money for you.
Senior living is one avenue.
(24:12):
I hope you will look into it,make it a note that you want to
look into for good cash flow.
You might like to dig intothis ca category right there.
See, these are all the things that we,I was standing there under the tree
and then we built this whole thingfrom Skype, but it takes a lot of time.
Time by the way.
So let's just open up for questionsand answers and then I will take you
(24:36):
to the next presentation right afterthis one where it is cash flowing.
Very big there also.
But you could reach me at cellor the text 9 2 5 7 6 6 3 5 1
8 or email vignette mon ig.com.
That's mon our company ig.
Investment group.com foraccredit investors only.
(24:59):
Fill out the form.
If you would like to really even findout how our other investors feel and all.
Please go to Vinney chopra.com.
Invest.
Then you could fill out the formand then I will get in touch with
you with my team and everything.
Also, I promise you those threebooks, and for staying through
the webinar and everything.
(25:21):
So if you go to Vinney chopra.comfree book, you will get all
the three books over there.
And there are other places there to followme on my different channels and things
and also my podcast and things like that.
So I don't know what's after this one.
Let's look at it.
Structured notes.
No, we don't want to go there.
(25:44):
Any questions, I'll justcome back here to stop share.
C how are we doing?
So thank you so much.
I wanna acknowledge everybody who's here.
Hi Craig.
Nice to have you.
Michelle.
Hi, nega.
Ima Bill.
Jay.
Hi Jay.
How are you?
Nice to meet you, Jill again,and Judy and Michael, and.
(26:08):
Hi, Mitu.
So glad to meet you.
I know you're moving.
You had mentioned, and thenRama, nice to meet you also.
So please if you will goahead and uncheck mute.
Oh wow.
Did we give permission toeverybody to ask to talk?
Okay.
Yeah.
If you would, please go ahead and let'sgive everybody so that you could ask
(26:32):
us any questions that you may have.
I'm sorry, I, we usually giveit out, allowed to talk, so that
you could ask us any questions.
There we are.
There we are.
So I think everybody is muted.
If you have any questions, pleasego ahead and put it in the chat.
I do.
Oh, there are some questions.
(26:53):
Thank you so much.
Right there.
Per permitted right there.
Hi there.
Nice to meet you right there, Michelle.
Nice to meet you.
The presentation willbe emailed you after.
Thank you.
Yeah, we will do that.
Sure, Judy.
Awesome.
Thank you.
There we go.
Hi, Vinny been a long time.
Nice to meet you, Judy, back again.
(27:13):
So good to meet you and thenthank you for this presentation.
Appreciate that.
If.
There are any questions.
Let me go into the next partof my presentation and let
me open up my this over here.
My, another presentationwas into hospitality, so I
(27:33):
think it was right there.
If it's not too far away,why invest in hospitality?
So let's get into this one.
And I do want to share with you.
See, the thing is, Vinny, I've been.
In real estate over 40 years, right?
And every time I made decisions lookingat the landscape economy, and also keeping
(28:01):
my investors' interest at heart because.
Their preservation of capital is theforemost and growing their capital
that they give me in syndication or.
Managing.
I've done 42 different packages, ppms andfunds 42 of them, and given respectable
(28:25):
returns from 18 to even highest to45% I remember, but a year I've given
certain, good deals you come across.
I just mentioned about that hotel.
If you join a little later on,we bought this Hilton Garden in
actually in Texas for 6 million.
And then the good part wasbad part was covid hit, but
(28:48):
our occupancy went way down.
But we are very sure,operators, right managers.
So we were able to talkto our leasing people.
We asked them to talk to doctors and tothe nurses of the hospitals in that town.
And guess what?
Because we were calling on them, theychose our Hilton Garden Inn to stay.
(29:15):
And be away from family through theweek, and then they'll go back to
family over the weekend and so on.
So our occupancy went way up.
That property, which was makingmoney in 2020, they grew so much
revenue and so forth that it'svalue went to be refinanced.
(29:35):
It also, and then it went to 12 million.
So we made a profit of 6 million andwe took portion of that 5,330,000,
I think we took it from there.
And we bought a Wyndham Garden trademark.
Very beautiful hotel overthere in in the same town.
Actually, I know there isanother deal coming on my table.
(29:58):
Very good deal, which is like,gosh, I think I can buy it
for almost two x the revenue.
What?
That's mind blowing.
No.
I said that wrong.
I think four x the revenue, butstill it's pretty, pretty darn
good, but let's talk about it.
I really believe if you would liketo look into another aspect where
(30:19):
you make money, I know a lot ofpeople I know who are into Airbnb.
Which is also hospitality,but it's a different thing.
It's a single family home which you aregiving, or a resort type of, glamping
is another one and so on that, but some.
Restrictions are coming in that space, asbut hospitality, hotels, boutique hotels,
(30:44):
and our main idea about hospitality inthe last five years have been to really
stay in the mid-tier hotels, but with.
She, and with the, Hiltons and theIGT Intercontinental groups, all
the major ones because then theoccupancy stays pretty strong and
(31:06):
they have a good system to get.
The travelers come to your website,and their website and all that stuff.
And anyway, so let's look at it.
Hospitality, record breaking industryprojections for this year, 777
billion in guest spending expected.
That's a good number.
(31:26):
And then 94% of the investorsincreasing hotel investments.
The mind thinking is very strongwith the investors right now to
invest in hotels in good locations.
Of course location, locations.
I like busy airports.
I like central businessdistricts where there is a more.
(31:50):
Tourism and then also like thetourist spots also, right on the
beaches and things like that.
Strong recovery trend since pandemic.
Strong, really strong.
So seven.
Seven.
We talked about that.
The rev parties revenues.
Per average room growth of almosttwo to 5% expected nationwide.
(32:13):
And investor confidence is pretty high.
And it's maintaining and increasingas we go on, and you could see that
the guest spending, from 2024 to2025, it's, I believed to be going.
And I think there's anothergraph where you'll see.
It's just gone for after Covid, it wentdown, of course, in Covid, but after
(32:34):
that it's been steady growth and that'swhat we look for, for for the hotels.
And again luxury properties,highest investor investment.
I think people are able toafford more and things like that.
So that's one.
Midscale Hotels is weird.
I like to be right here, an extended stay.
These are my two main ones rightthere where all the things, I'm
(32:59):
looking at a portfolio of five hotelsright now and it's very exciting.
Very exciting.
Where the.
Is actually called capital improvementsmonies there in those deals, and
we are underwriting them and so on.
Again, I'm not selling any security,but if you're interested in looking at
some deals that my company's puttingtogether, I'm putting together.
(33:23):
Please reach out to us and orgo to Vinney chopra.com/invest.
Fill out the form and let usknow you are interested in senior
living or you're interested inhotels, hospitality like that.
So extended stays.
I love them.
I love them.
And then Midscale Hotels.
Now Midscale hotels also, I'mlooking at even changing the flags.
(33:48):
What does that mean?
It means that you buy the hotel who'sreally doing great cash flowing right now,
but you change the flag to a higher level.
By changing the flag to ahigher level, the revenue per
day, the RevPAR number goes up.
(34:09):
That's the beauty of it.
So we are hunting right now.
If you have some leads or some peoplewant to sell their hotel, but don't
tell me a lot of them, but they needto be cash flowing right now in a
good locations, please reach out to meand my team and we could talk to you.
Because we are on Espree to probablyinvest $50 million in the next few
(34:35):
months actually to buy these great deals.
Just to let you know a great deal rightnow, we just put a offer last week.
500,000 non-refundable.
It's such a good deal that we wanted tobuy that in the Dallas area, by the way.
And Dallas is one of the toplocations, by the way, New
(34:55):
York, San Francisco, and Dallas.
What.
I couldn't believe that I was inDallas about a month back, let's say,
meeting with my partners and duringsome hotels and things like that.
It's just crazy out there.
As Frisco and Colony and the Prosperarea, all that area is growing like crazy.
(35:17):
There'll be like another Dallas,north of Dallas actually.
What I hear, it's gonnabe beautiful, but yes.
We are finding this property.
I think we put an LOIat 14.5 million only.
Just a beautiful hotel and with somerenovations of 2000000.5, 2.5, maybe it'll
(35:39):
be worth in next three years, 28 million.
$28 million.
So by having the network of greatoperators and all these owners lists
and everything, my partners and I areable to crush it to find the best of
the best deals on our plate so thatwe are able to underwrite them quickly
(36:05):
and put them into, we just toured theproperty and put an offer next day.
Hi friends, this is Vinny Choprafrom here in Danville, California,
and you might be saying, Hey,Vinny, what are these over here?
You know, I wrote this book a fewyears back, Apartment Syndication
Made Easy, it became top seller.
(36:26):
I came from India with 7 in my pocket.
It says 500 million.
It's going to be 1 billionvery soon, very soon.
I'm right at about 850, 900 million.
It's And then I'm readyfor the next billion.
Actually, you will see thathappening two billion in this book.
Also, the other book I wrote,which has been a very big
(36:47):
positivity has been my life.
Always, always.
I've been married 43years with two children.
And the beauty is to be positive.
The mindset that can take youto all the places in the world.
And that's the book that also.
Became big, big seller.
My third book, SeniorAssisted Living is coming.
So do yourself a favor, go aheadand click the link below to get free
(37:10):
copies, audio copies of these books,even printed copies of these books.
If you, I'm a print in meansdigital, if you can't afford it,
but I would highly recommend foryou to get these or go to amazon.
com.
Just go to Amazon.
I got it in soft cover and hard cover.
In Kindle, in audio, alsothe Spanish version of this.
(37:32):
Oh, this book also.
So let's crush it, guys.
I know you can be successful.
I know you can do the kind of thingsthat you want to do in life and have
the streams of income and know how toreally, you know, educate yourself so
that you could become a strong, strongforce in this world in real estate.
(37:53):
I know you can.
So take that step.
Don't just be on the sideline.
Take charge of your life.
Take charge of your education.
So it's mind blowing.
You know what can happen if youwork with a good operator, and
there are a lot of people outthere, just not me alone, but why?
Hospitality?
Investment.
(38:13):
Market timing, post pandemicstabilization, it's creating
buying opportunities.
Travel Boom is here.
People are getting out there.
Business international travel.
I know with the tariff, I don't knowhow it's gonna come, but I. Let's just
see, hopefully it's gonna stay thereand tariffs will be settled soon.
Major events, that's the thing.
(38:35):
World Cup Olympics driving future demands,and more and more hotels are being built.
Also, when new hotels are built,the older hotels get a push also.
That's the beauty of it.
We're looking at a hotel inLas Vegas strip right now.
Where it can be justcash flowing like crazy.
And we are changing the flag of that fromwhere it is to next level, and that's
(39:00):
gonna be a humongous opportunity there.
Favorable valuations, seethat's the other part.
Properties entering marketat attractive prices.
That's the real reason Vinny is soexcited about hospitality about hotels.
Again, big things are coming.
Tourism returns 25, 26.
Five five is there.
(39:21):
World Cup, multiple cities.
Then 2027 corporate travelreaches new record highs.
Then Olympic, games in LosAngeles, as that's coming up here.
So why do I like hotels?
Let's talk about that.
Cash flow analysis, hotelsand other real estate I.
(39:45):
Daily rate adjustments.
See, I've been a multifamily guy,apartment guy all my life, right?
From single family to apartments andthen to senior living now and hotels.
But in the multifamily, you are workingwith the working class people clientele
and you have a six month lease.
(40:07):
It's.
Whatever.
It's 7 50, 8 59, 50, 1400 a month,whatever it is, it's locked in.
It's six months or 13months or nine months.
Leases you cannotincrease the rent at all.
It's fixed.
It's long-term leases, but here inhotels it's daily rate adjustments,
(40:30):
depending on the location and thedemand for that night and occupancy.
Everything with the AI toolsfluctuation of these happen.
The daily rate happens four, fivetimes, six times every night so
that you are able to maximize.
And when?
That's the daily rate adjustmentsright there as compared to fixed rate.
(40:55):
So it's like that.
The other part is that theresidents for the hotel pay.
They pay upfront and then theyare living, spending great
night, two nights, five nights inextended stays, which is amazing.
I love that.
Extended stays and you have tokeep upkeep is less the whole.
(41:18):
Program is much less avenuesin reducing the expenses.
That's what I wanted to say.
And daily rate adjustments.
You pay, they pay them right, theircredit card or things like that.
And then you are able to.
Have them stay multiple revenue streams.
Now that's a good one.
See over here it says limitedrevenue streams in retail
(41:40):
or office space or wherever.
You could put other placesto storage units, whatever.
Mobile home parks.
Yeah, everything.
Over here, it's the same limitedrevenue streams you can maybe get.
Rub system, build back system,electricity, gas, utilities, build
back, we call it, or increase in rentafter the lease expires, of course.
(42:02):
But multiple revenue streams overhere can be coming from spas, from
hotel, from Butler service like weare building this romantic getaway.
In the peninsula right there near toPensacola, Florida, Xi Xi's become
like second last Vegas, by the way.
Oh my gosh.
It's amazing.
We are building a boutique hotel.
(42:25):
It's called Hotel Rain.
Some of you might have seenmy presentation and it's
going to be $700 per night.
$700 per night with Butler service andfood and others and all very beautiful
romantic getaways and all that.
So there are all kindsof, streams of income.
Of course you can have the, what youcall it, breakfast and all, and then,
(42:50):
different avenues of incomes with thespa package and, what's the other one?
Got others?
I'm trying to remember now.
I know some hotels we have gone with,there are lots of retail shops in
there so that you get money from them.
Also, inflation hedge capabilitiesare there because with inflation you
increase the rent also and dynamic.
(43:11):
Pricing based on demand.
That's thought I was mentioningabout the daily rate.
Over here.
You could do the dynamic pricing.
It's static price, static pricingover here, whatever to inflation right
there because how much can you reallycharge rent wise in certain areas?
In USA, it's regression of rent.
Actually, you have to lower the rentbecause a lot of new products came
(43:35):
on board, in on multifamily side.
Actually some of the built to rent andthose kind of developments, I didn't do
any, but they have to give three months,no two months free rents and so on that.
But oh, this was the onetop performing markets.
I do lot of studies, lots ofdifferent things on a daily basis,
(43:57):
and we found these three cities.
Wow.
New York City, highest investorinterest right there in New York.
After Covid and all, it's goingsecond most attractive market.
San Francisco in my backyard.
I live 30 miles outside of SanFrancisco here in Danville.
It's sitting in my backyard here.
Nice outside, and then Dallas is the thirdmost sought after investment location.
(44:22):
Dallas.
Of course there will beother opportunities too.
I'm not just saying, just thesethree will be the only ones I.
But they are coming on the topwith interest level and where the
economy's growing and things like that.
Let's look at another one.
Consumer behavior shifts the basic,functional space right there.
Enhanced experience, amenities.
(44:43):
You can add so many amenitiesand people will pay for that.
Memorable moments, shareable experiences,personal identity, value-based selections.
Rev bar growth.
Look at that.
I was mentioning urban.
Urban hotels are huge, as you cansee here, the resort destinations.
I love those two right there.
C, b, D, that's where it is.
(45:05):
The central business districts, lotsand lots of tourisms like to have.
In the central business so that theycould see the attractions by walking
and by going to with less transport,headaches and things like that, so on.
So that is the number one.
As you can see, it's really grown a lot.
(45:25):
So those are the, few locations.
Just to go back again, resort andthe central business districts
and tourism spots in Bard.
Growth International Tourism.
I don't know how it's gonna,affect and everything, but maybe
we'll just skip this slide.
Technology as a growth driver, ai, AI is.
Going to be helping so much in upkeep,in taking maintenance calls and making
(45:51):
sure the consumer experience is thebest experience ever in hospitality.
So AI integration is becomingrevolutionizing the efficiencies of
operations and guest servicing, thenumber one, and then reducing the
overhead costs of the management.
Why not?
And smart systems, with the guestexperience through personalization
(46:13):
to each and how it is, when you walkinto the hotel room, the TV greets
you and thinks and all that stuff.
Of course, we were talkingabout diversification of revenue
streams in the hospitality.
Hotels now can generate, so muchby giving the of course weddings
and things like the one we bought.
(46:33):
Casa, what's the name ofthat property in Texas?
Casa Villa.
Casa Dimar, I think 165 units.
It's got beautiful meeting rooms.
Weddings happen every weekend.
It's got fountains and all that.
It's just beautiful nostalgic hotel thatwe bought and we are thinking to sell it.
(46:54):
We bought, I paid 13,000,009.
We paid 13,000,009 and actually 4 million.
Was the renovations alreadydone in that hotel, by the way?
$4 million.
So my cost was only 9 millionsomething, and we are ready to sell it.
We just bought it last year.
(47:15):
Did we buy last year or23 end maybe, whatever.
So in just two years, it's grown from13,000,009 to I think 20 million.
20 million.
Wow.
It's mind blowing.
It's a hundred percentoccupied, by the way.
A hundred percent.
How do you get that?
Because we have some contracts withthe airline pilots and all, and also
(47:40):
the, some other contracts where,they have given us a full cart plan
at a little bit lower rate, but.
Whether they are filling therooms or not filling the rooms,
you still get paid like that.
Then the spas and gift shops, likeI was mentioning, meeting rooms
and what you call it conventionsand meetings and all that.
(48:01):
So there are different revenues.
Most profitable hotel.
I think we did talk about that.
It's the same thing.
Traditional management contracts.
We usually like.
To have big franchises, like Isaid, Hilton and Marriotts and
the IGTC and intercontinentals allthose, and management contracts.
We have full control of all our hotels.
(48:25):
That's the beauty of it.
So let's just, I think that'spretty much right there again, you
could let's just come back here.
It's almost towards the end of the hour.
Love to give.
Any kind of answers that you might have.
I really appreciate you joining today.
And please ask any questions right thereon the side or if you would like to unmute
(48:48):
yourself and ask questions I'm righthere for you, so anybody has hands up.
Love to answer that.
Do we have any questions?
Esma, anybody has any questions?
I hope I did.
No, not that I can see.
Okay.
Thank you so much.
And if you have any questions, pleaseeither type in the chat or you can
(49:09):
unmute yourself to ask the questions.
Yeah, please do.
Please do.
And again, I hope it was worthwhile foryou to join me today and I hope I was able
to do justice to your time and everythingso that you could really feel it out and
see where can you put your money for safehavens and for getting some great returns.
(49:34):
And just like you saw in thispresentation, I'm very bullish on.
Lot of things, but in real estateI'm bullish on senior living.
Senior living.
Some aspect of it.
I just saw there is this space missingover here in between, but that's okay.
The key thing is that hospitality,I'm really bullish on that because
(49:56):
we are getting amazing, spectaculardeals where lots of our investors
have matured a lot, and they say vi.
I don't know if I want to getthe equity gains in seven years
and five years like syndicators.
And you have been telling me.
So we are putting together a model rightnow, a fund which will be for accredited
(50:19):
investors only, and that's going tobe taking their, investment through
regular means of PPM and everything.
But they will get.
Straight cash flow of 10%,like I was trying to explain
before, that will be 10 net.
At the end of the, day, not 10minus the 30% tax bracket, now
(50:43):
you're left with only seven.
So we are.
Putting that hybrid plan together that ourinvestors will get 10, 11, 12%, we call it
quarterly, coming into their bank account.
But then again the key thing is bygiving cost segregation depreciation
(51:04):
effect of negative on K one, it'llbalance it out so that the gain.
Which will be because of giving them thecost segregation minus, it'll balance
it out so that they can make the real 10real 11, real 12, let's just say that, we
explain if anybody's interested, so again,thank you so much for meeting with me.
(51:28):
Thank you.
It's such a pleasure to bewith you and God bless you.
that's all for this episodeof the investor impact.
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