An active investor who started investing over 40 years ago, Vinney started in single family homes, but learned 15 years back that multifamily / apartments investing made more sense due to economies of scale, tax advantages, and giving monthly positive cashflow with strong equity gain in 3-7 years. Over the past 15 years Vinney has done 34 syndications as principal and general partner, over 4500 doors, $450,000,000 AUM. Living in the San Francisco Bay Area, the man known as 'Mr. Smile" has been married for over 41 years and is now the owner of a billion-dollar company. Not bad for someone who came to America with only $7 in his pockets! In this episode, Vinney talked about his humble beginnings, how he found his way to real estate, getting cyberhacked, and some of his best practices that contributed to his massive success.
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