RCRE - Senior Living with Vinney Chopra

Vinney got started in senior living due to the “silver tsunami” coming. 10,000 baby boomers will be turning 65 plus each day.  Vinney is involved in two areas of senior living:  Active Senior (55+ only communities).  Assisted Senior Living with memory care.  Vinney has seen a bit of a pullback on leverage when looking at construction financing, in the ballpark of 75% to 70% LTC.  Senior living has an opportunity to improve the quality of senior living communities. Making sure the amenities are high quality and the type of amenities this generation will want.  Expert Pro Tip:    Now is the time to get into the game. This downturn is presenting an opportunity to new and old investors. Even if you think you can’t afford it you have to take action.  Contact Information: https://vinneychopra.com/ To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/   Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Episode 64 of the Jake & Gino: Real Estate Investing & Multifamily podcast, hosted by Mike and Will, titled "RCRE - Senior Living with Vinney Chopra" was published on April 22, 2020 and runs 47 minutes.

April 22, 2020 ·47m · Jake & Gino: Real Estate Investing & Multifamily

Summary

Vinney got started in senior living due to the “silver tsunami” coming. 10,000 baby boomers will be turning 65 plus each day.  Vinney is involved in two areas of senior living:  Active Senior (55+ only communities).  Assisted Senior Living with memory care.  Vinney has seen a bit of a pullback on leverage when looking at construction financing, in the ballpark of 75% to 70% LTC.  Senior living has an opportunity to improve the quality of senior living communities. Making sure the amenities are high quality and the type of amenities this generation will want.  Expert Pro Tip:    Now is the time to get into the game. This downturn is presenting an opportunity to new and old investors. Even if you think you can’t afford it you have to take action.  Contact Information: https://vinneychopra.com/ To register to invest with us: https://invest.randpartnersllc.com/invexp/accounts/login/   Rand CRE's Facebook: https://www.facebook.com/randcre Rand CRE's Linkedin: https://www.linkedin.com/company/randcre Rand CRE's Instagram: https://www.instagram.com/randcre

Episode Description