16 Nov CREPN #118 – Grow Your Network Grow Your Wealth with Vinney Chopra
If you want to grow your wealth, grow your network. [x_audio_embed][/x_audio_embed] Vinney Chopra came to America from India with $7 as an MBA student. He worked as a full time fundraiser and he built his network over the years. His wife and he invested in some single family properties along the way. The real estate provided cash flow and appreciated significantly. Vinney recognized that multifamily real estate was a powerful investment opportunity. More people were renting and the banks were agreeable to lend for multifamily. Then he made the decision to get his commercial brokers license and share what he learned about real estate with his network. His network wanted to invest with him. To date, Vinney has completed twenty-six syndications in ten years. His investors have been rewarded handsomely. Some deals have earned annual returns in excess forty percent. Vinney recognizes that his success is due to his network.