BDMCAPITALGROUP - Key Persons
In 1987, with $600 in his pocket, David Mulvaney rode out of Wisconsin on a Yamaha Midnight Virago 920. Who would have thought that a trip to bike week could have such a long-term impact on someone's life? Dave fell in love with Florida and decided not to go back to the cold Wisconsin winters. He met his wife Beth in 1989, they married in 1991, and they have been married and best friends ever since. Beth and Dave have two adult children, David and Rachel.
Dave wanted to learn the real estate business at a very young age. Purchasing the Carlton Sheets course just after high school, he bought every course and read every book he could find on the subject. His study paid off. In 1992 Dave and Beth purchased their first investment property, a duplex that needed complete renovation. With $500 and some sweat equity, they were in the real estate business. Working nights and weekends, Dave and Beth completed renovations on one side and moved in. A couple of months later, they completed the other unit and rented it for $550 a month. Their monthly payment was only $389. The cash flow allowed them to live for free and generate $160 per month in positive cash flow. Later that year, Dave purchased his first company.
Vinney Chopra, is the author of the best selling book Apartment Syndication Made Easy and host of a podcast by the same name. Over the last two decades, Vinney Chopra Vinney Chopra, has closed over 40 syndications comprising over 7500 multi-family units with a portfolio value in excess of $800 million. He has developed over 30 assisted living communities with 4000 senior housing units with a value over $450 million.
His diverse experience has allowed him to gain sharp insight into acquisition, syndication and property management of multifamily properties. He has developed proven techniques and strategies for multifamily syndications that have earned impressive returns for his investors and his companies.