How I Obtained A 267 Unit Apartment Building Using Multifamily Syndication Secrets
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- เผยแพร่เมื่อ 9 พ.ย. 2024
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What makes owning multi-unit rental properties the best financial freedom strategy in the world that enabled 7 of our students to quit their day job last year? There is really no magic about it--it is merely the ability to use an IDEAL strategy. Here are five reasons why multi-unit investing is as ideal as it gets…
“I” is for Income:
Multi-unit properties produce passive income - this is income received on a consistent basis with little to no work required. Yes, owning properties requires some work when buying it, but not 40 hours a week like your typical day job. For instance, you may be a tenant of someone else’s multi-unit (or have rented in the past) and I’m sure you never called your landlord for 40 hours a week. Your only reasons for contacting property management was in the unlikely event that there’s an issue. However, if you buy the right property, in the right market, with the right tenants, while implementing the right blueprint, then this can be a sweet passive income situation for you. Personally, I worked about 10 hours a week on average on my 72 unit portfolio - it was more like having a “part”-part-time job. Passive income produces financially free real estate investors as well as purposefully-filled human beings. I doubt I would have been able to pursue my passions or discover my purpose in life if I was still strapped to a cubicle.
“D” is for Depreciation:
When you purchase and improve properties, you’re able to make a deduction on your taxes called depreciation. It’s a phantom expense. Rather than taking one large deduction in the year you buy (or improve) the property, depreciation distributes the deduction across the useful life of the property. This helps offset the taxes you have to pay on the passive income you generate and if you have a savvy tax professional, you can save big money on your taxes.
“E” is for Equity:
I typically buy properties with financing. Therefore, each year I hold a multi-unit rental in my portfolio, my tenants (God bless their soul) are paying down the debt owed on the property and increasing my net worth as a result. Plus, if I buy the property for less than what it’s worth, I have created instant equity which further adds to my net worth.
“A” is for Appreciation:
In addition to buying multi-unit properties (right using the right blueprint), you must also buy them in the right market to capitalize on the market’s natural appreciation rate. So, by owning properties in positive appreciating markets, your net worth is growing bigger and bigger as a result. Plus, if you buy multi-units less than what it’s worth (every investor and their mama should do this), in addition to managing it right, you’ll force the appreciation of the property to add more to your net worth.
“L” is for Leverage:
You can leverage a multi-unit property in many ways (which I share in the blueprint), but I’ll share two ways here. 1) You can use creative financing - even if you don’t have a 700 score or deep pockets - to acquire a multi-unit rental. 2) Then, after you acquire it, you can increase the value of the property (using E and A above) and then tap into that value to buy another property. That’s how the pros do it and end up buying property after property - on repeat.
In the past 7 years, I have helped thousands of people buy multi-unit rentals on repeat so they can start the journey of financial freedom where their passive income exceeds their monthly living expenses.
Collectively, they’ve raised their passive income to a half a million and removed close to a hundred thousand negative items from their reports.
Are you ready to join the financial freedom revolution so you can quit your day job?
If so, you have to start with getting your first multi-unit rental.
Learn how you can get your first multi-unit rental so you can quit your day job using this simple but IDEAL blueprint here:
Here's The Link Again: app.100pfacade...
This is American exceptionalism. I have 17 units and aspire to be this man who came here with $7.00 in his pocket
Many of us are inspired by the fact that you have 17 units, and continuing to grow.
@Fred Flintstone not true....Indians love working with the "fancy" white man....makes them feel special and "hollywood". the bias is usually the other way around....but that is also going down. the best color is GREEN.... remember that lol
What inspire ME the MOST.... HIS HUMILITY, HONESTY, BUSINESS MIND, AGGRESIVE but ASSERTIVE.
MINDSET... BECAUSE YOU HAVE SOME 'COINS' IN POCKET, does NOT mean you are better than the next man. BEING HUMBLE !!
You got it; humility will make you rise to the top but pride will make you fall. Thanks for commenting.
I bought 3 duplexes and a 4 plex 11 years ago and am ready to move up to syndication of a B class apts. I like this guy a lot.
Similar to me. I have bought multiple investment properties - single family and duplexes. For over 20 years. Had I sold a few and got into multi-family at any point I would be so far ahead of where I am now.
@VeryCleaverName mainly because cash flow and time. Once I started having multiple houses aka multiple locations time was huge. Its Hard to do loan stuff when you own a few single family homes versus apts. The amount of time spent maintaining 10 houses is the same as 40 apts.
@VeryCleaverName Let me know when you pull that off. I owned 4 on the same street - that took me 8 years to do.
How do you guys go about funding these deals
Get c not b.
Vinney is a real estate hero. $7 in his pocket and worked 80 hours a week selling stuff to get started.
Many will rather sleep 80 hrs and work 30hrs a week. He deserves every penny he makes. Thanks for sharing his story.
I had the pleasure to meet Benny before, great guy, here in Atlanta ga visiting some friends. When you meet him, he talk just like these, beautiful soul.
This was an awesome interview! Vinny is very passionate about multifamily and it shows. Inspired!
i have no idea who this guy is but he seems like a really nice guy and seems like he would make a great mentor for future investors
He's so positive i love it. Great video
My father came from India as an electrical engineer too. He came with hardly any money but now has bought over 4,000 units in PA. He’s a real boss and been doing it for 40 yrs with no syndication
That's excellent, I'm sure there's a lot to learn from your father. Thanks for sharing.
I worked for the Southwestern book Company for four summers as a college student from 1988 thru 1991. Have been considering multi family investing. Super excited to come across this video. Thanks for the inspiration!
Thank you, Charlie! We would like to help you with investing in multi-family properties! You can get started by clicking on the link below:
app.100pfacademy.com/free-webinar-1/
Hope this helps!
He has so divine positive energy. May Allah bless him and his family always.
Thanks @Naveed Siddqui for reaching out and for your comment. I see you're interested in real estate investing. Are you free for a Discovery Call to see how we can help you? If so, let's schedule a quick call - you can schedule it here: app.acuityscheduling.com/schedule.php?owner=19854037&appointmentType=14903052
Great interview. Love is Coming to America story land of opportunity. I’ve lived here all my life and his spirit is what I tell my kids about. So many of us can’t see the forest because of the trees and he was able to in a short time build, from $7, a million dollar empire. To many are watching Empire while others, those we less expect are building them. Love this. I’ve watched U to Juan. I remember your earlier videos and U have grown brother. Much continued success. Peace and blessing to all.
Hi Shelton, so you're a day one, huh? Thanks for watching and I wish you much success in real estate investing. If you're interested in getting started in real estate, please watch this webinar: How to Get Started in Real Estate Investing: events.genndi.com/register/818720503324746736/57f36ea4cf
he's ballin like grant cardone..
P Bank Cardone is just better than him at advertising, that's the difference. He also seems to be cheap.
lol
P Bank probably except he isn’t a show off like Grant
cardone is a fraud
Grant Cardone filed for bankruptcy. This mans doing way better than him 😂
3100 total units. That’s completely awesome 👏
Great energy
Hi Greg,
Thanks for your comment.
If you’re interested, we would love to help you by scheduling a strategy session with you.
By the way, we have a free webinar training we’d like you to attend. Please click on the link below to access the free real estate training so you can then book a strategy session with us.
Free Real Estate Training.
www.100pfacademy.com/free-webinar-value/
Thanks in advance.
Ooh my God! One of the best video I've eve watched.
Thanks for the comment Meritane. If you're interested in watching our free webinar on how to get started, then please register below. www.100percentfinanced.com/
I own 24 units and can’t wait to one day scale up to his level.
Being that you're interested in real estate, watch this webinar: www.multiunitincometraining.com/
Make videos I would appreciate a lot
@@josenieves1934 I have some videos visit my channel
Dave Lindah is the man. I learned a lot from him.
Thanks I was trying to research the man he learned from, cause more wisdom is key. Studying him, Juan, and David Lindah.
This is one of your best videos Pablo
I fell in love with your smiling face.. love you Vinney..
What a lovely man. Nice interview.
Nice guy Mr Vinney. Thank you for sharing.
Hi Gee, no worries! By the way, if you're interested in real estate investing, like Vinney, you can get started by clicking on the link below:
app.100pfacademy.com/free-webinar-1/
Hope this helps!
Aiken? Augusta? Wow I'm here baby!
This man is very inspirational
Thank you Kellen!
Awesome interview, the man knows how to invest and scale up the right way.
Wow, so he came here legally, learned to communicate in English, didn't ask for government handouts, and became successful. Great job.
Not sure if you were complimenting him or consciously throwing shade & talking down certain people in a not so slick manner 🤔. I was always taught that being passive aggressive is less respectable than being straight forward, but who knows how your mind works
@@davidelrockafella2870 Coming from a family of Mexican immigrants who came here legally, fought for this country, built businesses, etc... I took that for face value. American's generally do not have a problem with ANYONE who comes here legally and contributes. And yes, we need to build the wall.
@bob cortez the fact that you feel the need to distinguish yourself from a Mexican that came here illegally implies that there's some sort of special badge you deserve that makes you different. There's absolutely no correlation between a person's character, work ethic, morals & whether or not they came here legally & illegally. So don't let yourself on the back or think you're above the next person that did it illegally
@@bobcortez4427 last comment was for you
@@davidelrockafella2870 Actually, you are wrong. Coming here illegally is, well, a crime. So going through the process, doing it right, embracing American values and culture, and respecting the laws of the land that welcomed my family in does set my family apart from an illegal that spits in the face of the generosity of America. The fact that you can't distinguish this is disturbing, could it be your privilege speaking on behalf of your better judgement? There is an honor to becoming a citizen the correct, legal way. There is dishonor in taking advantage of the generosity of tax paying Americans.
I like how the homie plugged his self in...474747..lol. Juan u killing the game bruh. We will have to link soon. Good work brother. I see growth.
Thanks for the feedback, bro!
This man is AWESOME!
Hey Steve!
Thanks for the feedback!
Damn he came up
For real! But at the same he got in when the market was ripe for the taking and made for success. Also there was much less real estate law regulations at the time which allow for flexibility in financing. These are facts but we have to thrive forward in adversity in this day and age and we have to do our best to find solutions and fight against this want to make excuses for ourselves sometimes. But this is a great video.
Wonderful video and inspiration how do you get in touch with this gentleman about his information
Excellent video Juan! Blessings!!!
Where is this guy's website link? You didn't put it in the description.
Exactly fam... I hate when channels do that, that's proofing what he's saying is true
vinneychopra.com/
Vinney "Smiley" Chopra I read your book about Apartment Syndication
Hi Nadir, I'm glad you read up on Vinney. He's an amazing guy. I'm glad you found value. Thanks for commenting. If you're interested on how to get started in real estate, then register for our free webinar: www.100pfacademy.com/membership-homepage/how-to-get-started-in-real-estate/
@@100percentfinanced appreciate it
Thanx.Jp... Great inspiration vid... YEA he doing his thing Thing...Doing the Damn thing... (about who&what you Know.👌
Thank you gentleman for the excellent content.See you at the top B.H
Hi Brian, I'm glad you like Vinney; he's definitely getting cashflow and I wish the same for you. If you're interested in learning more about cashflow, check out our Cashflow Cycle webinar. www.100pfacademy.com/members-only/?_optimizemember_seeking%5Btype%5D=page&_optimizemember_seeking%5Bpage%5D=483&_optimizemember_seeking%5B_uri%5D=L21lbWJlcnNoaXAtaG9tZXBhZ2Uv&_optimizemember_req%5Btype%5D=level&_optimizemember_req%5Blevel%5D=0&_optimizemember_res%5Btype%5D=sys&optimizemember_seeking=page-483&optimizemember_level_req=0
This man hella intelligent
Very inspirational!!!
Shoutout to my hometown of Aiken, SC
You resonate happiness.
Good advice
Inspiring! time to jump in ...great content Juan
*People* *think* *that* *investing* *in* *real* *estate* *is* *risky* *because* *there*
*are* *too* *many* *variables* *to* *comprehend* . HOWEVER, if you set up
systems to mitigate risks for when they do happen, you prevent the investment
from going south because you had a plan in place. *Know* *your* *numbers* ,
*know* *your* *process* , *and* *know* *your* *niche* ! =)
Great comment!
@@100percentfinanced Thank you! Also nice work on the videos, I am learning a lot of great information from the channel =)
Just got to do it 👍🏾
Inspirational video. Not even sure how anyone could hit the dislike button
Shoutout Augusta Ga!
AUG!
Great interview,
What’s his name and how can I get his book on apartment syndication
Being that you're interested in real estate, watch this webinar: www.multiunitincometraining.com/
Aint it something that he learned this commercial thing with messed up English & we STILL cant understand how to do it LOL
Yup, there's really no excuses. All you need is a burning desire coupled with persistant action. I wish you much success and check out our website for additional resources www.100percentfinanced.com/.
Language is a just a mode of communication. We can clearly tell he speaks more than one language. How many do you speak one LOL. In the end It’s all about drive and desire to succeed. Level up
@@suresh93460 What's going on my brother? I was basing my comment off of what he said @ 1:09. His English is actually really good now. But could you imagine going somewhere like China knowing zero Chinese & start killing it in commercial real estate?.. I couldn't, especially when communication & building relationships is a big part of succeeding in real estate or anything for that matter... I'm a beginner investor purchasing single family homes now but I'm hoping to get into commercial soon.
@@100percentfinanced very true my brother.
Very inspiring
I’m from Pulaski va I knew I seem him before. Do he mentor
Did you do this interview? I went to high school in Austell. Haven’t been back in years.
Hello sir, Been applying for a home, bcoz of low income ( maybe approved) is this good for me trying to get into a business like you.
What state do you live in?
Awesome💯 investor
My goal is to have a 18 unit by 23 I am 18 right now
Do you have a high paying job?
@@SkinnyAnimus probably not but he is probably grinding hard to do his best
You will be extremely lucky to have 1 unit by 23. You should get an Education first then look into real estate when you graduate at 22.
DeAndre not luck
Why you letting this kid down ? At the age of 19 I purchased 12 units By putting 20% down on a 15 year mortgage and had extra cash for expenses I had to work in the oil pipeline for 1 year and saved up now I just need 2 more years and my mortgage will be paid off
OPM I liked that.
what websites to look for multi units im ready to buy 20+ units
We don't have a website, but we have a team. Schedule an appt here: www.100percentfinanced.com/multi-unit-acquisition-program-short-term-financing-0
I just downloaded the pdf book of david lindahl free gotta get that knowledge in baby
Yes, get that knowledge. Check out my book, "Quit Your Day Job" on amazon.com.
Where do you get the pdf book for free from? I'm saving up money now!
Good info I’m down build long term wealth
Thank you Chris!
I have a 265 unit property under contract in Texas and seeking buyers.
Rj20708 _ is the property occupied?
I am a cash buyer looking for occupied properties in that state
K’Dia Desmone’ 98% Occupancy
K’Dia Desmone’ Asking price: $21.6 million, Market Rent: 266k (Monthly), this is considered an A listed property.
Dude is loadeed
The best state to own units is???
In what sense? There are many free market trend reports that you can find to vet market trends, I’d say start in the state you’re in!
Is his properties in Texas?
This deal is in Georgia
Haha I am still stuck at the duplex level
yea the key is talk to investors so u can buy a 30-100 unit + building
Dope👍🏽
Just do it ✔
cool guy
Nice video, can you tell me in the LOI are you giving an offer that the seller is asking for so you can get all the info you need to make an offer that works; or do you make the offer in the LOI that you think you are going to go with upfront?
In the LOI are you asking for things like the last 12 months and expenses? Or does that request come after the LOI is signed?
If you have a signed LOI from the seller, the seller can still put the property under contract with someone else while you are doing your due diligence?
Thank you,
Great Questions Rich! Schedule some time here and we'll be glad to discuss this with you in detail: app.hubspot.com/meetings/ryan147/services-w-100pf
You sign a CA, get the info, underwrite, and then offer and LOI.
🔥🔥🔥🔥🔥🔥🔥🔥
Frickin Nice. Much Respect 😎
Stop comparing him to grant cardone this man is very successful but he worked with many people to put money down grant put only his money down for his first
Due to foundational black ppl building this entire country for free labor others cld come here and eat off of our work. This is designed. Not saying he did not do his part but trust I’m out here dining the money and investing and this is not my experience. I’m relentless I walked off my job this yr to build wealth. It took me 2 yrs on the job to clean up my credit and build better to leverage Nuff respect to the black man and woman who are ancestors now. If you don’t know u don’t know but there are some Tht don’t know Tht they don’t know. Respect tho
What is his contact?
Love how Hubble this guy is.
Okay. This is a great story, but I’m in the Personal Injury Business and if he got hit with a car, here what happened. Most people back then in this state carried big policy limits and he got treatment and settle his case coming up with $$$ to buy a property. I won’t go into detail how to do it because of so many fake injuries. I can almost bit on it
He's also trying to get people to join his syndication in this video, and use their money to give them a cut of profits. I want to do that too. lol.
Jesus loves you.
Vinny smacking his lips like a starving man
The growth of single moms as well …..why would they buy a house when they can just get apartments
Hi 5ilver, thanks for your comment. By the way, you may want to consider these videos to help you with your decision making:
Video recommendation 1: How To Get Into Multifamily and Why It's More Ideal than Single Families: th-cam.com/video/tZlzGa-D0Os/w-d-xo.html
Video recommendation 2: How to Use 100% Financing on an Airbnb to Cashflow $2500 a month: th-cam.com/video/a9S9oLE3JqM/w-d-xo.html
If you're interested to learn more how you can get started in real estate investing, we can certainly help you out with that. Kindly click on the link below to get started:
app.100pfacademy.com/free-webinar-1/
Hope this helps!
Syndication 474747
Where did he get the money to buy all this units, after 3 property's the banks are going to turn you down, to risky for them. Explain your side of the story
Ivan Drago he got hit by a car got a Jewish lawyer sued like hell got money and invested takes money to make money
MrDasilva8383 are you serious or are you playing
Fulano Utal listen carefully to the video he said he was hit by car I figured he sued and got money
MrDasilva8383 yeah he did get hit by a car. Damn.
He does syndication. Basically, he takes investor capitol, packages it together with a traditional lending to make the bank comfortable. He takes his cut, the investors take theirs. Later on he can refi the investors out and do another deal with them, this is how he's scaled so fast.
He is a India grant cardone
t
David Lindahl students make money in real estate especially apartment buildings the king of investments. David Lindahl for president of America after Donald Trump !
Trump would love this guy
Drama
474747 texted -no response !?
Syndication you must type
Took him 80 years to get rich and now he can enjoy for 10
you need to see the profit model and understand the bsns before you start raising money
syndication aka fancy word for other people taking your money and giving you jack shit. use your own money for your own deals guys stay away from these dudes
42 yrs ? The title is very misleading .. he came here with 7.00 dollars and bought a apartment complex ? 42 yrs in between ??
Well when I start making money I will create a sad story and say . My forefathers were slaves and they left $ 3 in a safe.
Did he have to sell his soul to Jesus in the early years to save the down payment for the first investment property?
He seems to be preaching siphoning money from rich people, starting with immediate family 😏
7 dollars lol. The government gives immigrants money.
Bullsh--t.
Cite your evidence.
Aint true, sad when 3rd gen white Americans make excuses for not being rich.