Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Events & Meetups
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on .

User Stats

151
Posts
41
Votes
Bobby Sharma
  • Lender
  • San Francisco, CA
41
Votes |
151
Posts

From $7 to $300M in Multifamily Assets / Investing with ADUs

Bobby Sharma
  • Lender
  • San Francisco, CA
Posted

No Replies

Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.

Report Event

I am thrilled to have two great speakers and two great topics for our event in November. Very happy to have Vinney “Smile” Chopra of Moneil Investment and Saliq Hussani of BuildShilo present at our next event.

About Vinney “Smiles” Chopra

A mechanical engineer, came to the US from India with $7 in his pocket and has managed a portfolio of over $300M. Vinney will share his amazing journey of selling encyclopedia’s and bibles door to door, and how he got into real estate syndications and where he is investing going forward. Truly an inspirational story and one that personifies the “American Dream”.

A strong believer in the power of positive thought and selfless actions, Vinney’s life has been a highly inspiring rags to riches story. There’s a reason Vinney’s nickname is “Mr. Smiles” which is evident even through just hearing his demeanor in his voice. He has always believed in the individuals’ ability to shape the world around them through positive thought and selfless actions. As a multifamily syndication expert, he has facilitated over 27 successful syndication deals. He has acquired and manages a very successful real estate investment portfolio worth over $300 million, with over 3,800 doors.

A High Return SFR Investment in California: ADUs

One of the most promising real estate investments you can make today is in your backyard, and it's called an accessory dwelling unit. An ADU (aka backyard home, granny flat, in-law suite) is a secondary housing unit that you can place in your backyard to generate rental income, house your loved ones, or work from home. With recent changes in California legislation, it has never been easier to build an ADU.

Why are ADUs good investments?

  • You utilize SFR land that you already own
  • No major infrastructure additions necessary
  • Increases the property value
  • High rental income

About Shilo

Shilo is a prefab design-build firm specializing in accessory dwelling unit development. In partnership with TECTA associates, a prominent architecture and interior design firm in the Bay Area and Los Angeles. Shilo is the one-stop shop for high-quality ADUs; we handle the entire process for our clients. We strive to finish all of our ADU projects within 120 days. Base unit cost starts at $200/sq. ft.

What will be covered at this event?

  • The entire ADU development process, from design -> permit -> finance -> build
  • The different types of ADUs and their pros & cons
  • Resources to help you get started on your ADU project
  • Benefits and use cases of ADUs
  • The state government’s VERY POSITIVE view on ADUs
  • Prefab/modular vs. traditional construction
  • How to finance an ADU
  • Upcoming legislation that will further encourage ADU development

Who should attend?

  • RE Investors with single-family properties
  • Homeowners looking to generate rental income from their backyard
  • Homeowners looking to host loved ones in close proximity
  • Those who want to learn more about ADUs
  • Anyone interested in prefab/modular housing
  • Local builders interested in partnering with a prefab ADU company

When and Where

Nov 4: 999 Baker Way, #430, San Mateo. Plenty of free parking, light dinner provided

Nov 5: 730 Commercial St, San Francisco. Short walk from Montgomery BART station. Please grab a bite before coming to the event.

Nov 6: 560 South Winchester Blvd, San Jose. Plenty of free parking. Light dinner provided

Time: 6:30 PM to 9 PM

Hope to see you all there.

Happy Investing!

Bobby Sharma

Support Our Sponsors

Brighton Financial and Insurance Services: Vernon Williams, ([email protected] 408.241.2100)

Mynd Property Management: Kyle Cortopassi ([email protected], 415.805.1176)

The Entrust Group: Bill Neville, Business Development, ([email protected], 800.392.9653 x237)

Roof4All.com: [email protected]

Hemlane.com: https://www.hemlane.com/all-in-one-property-management/better-turnkey

Alexandra Moari, Mortgages, Property Mgmt, [email protected], 415.608.0734. NMLS ID:237089, DRE #: 01367626

Oleg Kotov: Farmers Insurance, 650.762.6837, [email protected]

Alex Volkov, Real Estate Attorney, [email protected], www.volf.com

Alla Arzumanyan, Life Coach, 415.260.0215, [email protected]

Gideon Sylvan, Founder, CEO, Pellego, 206.566.9456, [email protected]

Fourplex Investment Group, Steve Olson, 801.362.3392, [email protected]

BuildShilo, Saliq Hussaini, (408) 499 5928 , [email protected]