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サマリー
あらすじ・解説
Brief Introduction
Hosts Jason Vondersmith and James Goodwillie welcome finance executive Vinod Vangimalla—econ grad (UMD), MS-Finance (UC Irvine) and Director of Finance at Value Savers—to unpack how he scaled from single-family rentals to a portfolio of leased, residential assisted-living homes that cash-flow while he keeps his day job.
Episode Highlights- [00:07:57] Why you don’t need your own money to start—contacts, knowledge and a solid deal matter more.
- [00:09:04] Vinod’s first two rentals in the 2009 crash and his 20-25 % capital rule.
- [00:13:00] Underwriting an apartment syndication: cash-flow, IRR and five-year exit math.
- [00:23:40] Accredited-investor “gatekeepers” and how to work around them legally.
- [00:29:45] The aha-moment that turned a headache facility into a hands-off, triple-net lease.
- [00:34:12] Why REITs haven’t touched small care homes—yet—and what that could mean for your exit.
- [00:37:20] Plant the seed, let it sprout: compounding cash-flows without quitting your W-2.
Topics Covered
Real Estate vs. the Stock Market
- Volatility, control and why Vinod still funds his 401(k) but chases higher, steadier yields in property.
From Single-Family to Multifamily
- 2009 bargains, Excel models and scaling into apartment complexes with partners.
Assisted-Living Cash-Cows
- Residential care homes (8–10 beds) as an overlooked niche riding the baby-boomer wave.
- Licensing, ADA retrofits and leasing to professional operators instead of self-managing.
Funding & Diversification Strategies
- 20–25 % personal capital cap; bringing in investors for the rest.
- Passive LP positions in out-of-state deals for geographic spread.
Time Management for Busy Professionals
- Using property managers, automating reporting and carving out due-diligence “micro-blocks” during the workday.
Exit Options & REIT Potential
- Packaging 10–20 care homes for an institutional buyout as the sector institutionalizes.
Key Takeaways
- Leverage knowledge, not just cash. A well-modeled deal attracts money.
- Think demographics. Aging boomers = decades of demand for assisted living.
- Cap your risk. Vinod never invests more than a quarter of his own capital in a single deal.
- Stay diversified. Stocks, storage, apartments and care homes all play a role.
- Make it passive. Lease to operators or hire managers so your portfolio works while you do.
Guest Information
Vinod Vangimalla is a finance director, real-estate investor and former Atlantic City poker finalist. He owns and leases multiple residential assisted-living facilities in Arizona and invests passively in multifamily across the U.S. Connect via LinkedIn (https://www.linkedin.com/in/vinodvangimalla/) or request his contact details at vondiecapital.com.
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