Vinney says, “ taking over a multifamily property is like taking over a very expensive set of keys.” You need to have several things lined up before the takeover. Who is going to be the property manager?  How are you going to find the right one that is going to run the investment right? What about the maintenance manager?  Those are key players to the takeover.  Be careful and do your due diligence on who will be running your investment.  One month before the takeover is when the work begins. Vinney gives so much information on what to be prepared for all of the things that can go wrong if you are not prepared.

  • Be prepared
  • Property manager
  • Maintenance manager HVAC qualified – proficient in all aspects of the duties the property will need.
  • Leasing agent
  • Helper to the lead maintenance
  • Who is in charge of who?
  • Payroll
  • How do the tenants pay rent?
  • How to get your due diligence for free?

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Alicia Williams-Dibrell

Alicia Williams-Dibrell is a Best Selling Author and a host of Business Innovators Radio.

Vinney (Smile) Chopra

Vinney Chopra (Mr. Smiles) came to the US from India with $7 in his pocket. As a MultiFamily Syndication expert, he has acquired and manages a very successful real estate investment portfolio worth over $300 million. Vinney has been a professional Fundraising Consultant and Motivational Speaker for