Want to learn how to make big money in real estate? Join us as Christian Osgood shares his simple steps to buying over 300 rental properties in just three years. Find out how he retired his wife and built his dream home. Get easy tips on seller financing, fixing tough properties, and what mistakes to avoid. Tune in for clear, actionable advice on growing your own real estate business!
In this episode, we're discussing...
Fast Growth: Christian quickly moved from small duplexes to bigger multifamily deals, realizing this was essential to reach financial freedom quickly after a personal event.
Turning Bad Deals Good: He bought a very troubled 38-unit property with many problems, but transformed it, turning a negative cash flow into a high-value asset and becoming a "paper millionaire."
Strong Resolve: He showed incredible commitment, even considering living on-site, to fix his challenging property, showing how important belief and dedication are.
Smart Seller Financing: Christian found that getting seller financing is easier when you have trust and good relationships within the real estate world, not just by asking for deals.
Networking Power: He emphasized how important it is to meet and learn from experienced investors, which helps find good deals and gain valuable knowledge.
Learning from Errors: He openly shared a big mistake of getting into hospitality (a resort) too soon, highlighting how different it is from multifamily and the importance of checking all costs, especially payroll.
Stay Focused: A key lesson was that losing focus and jumping into new business types, even with creative financing, can severely hurt your cash flow and growth.
Resources from Christian
LinkedIn | Multifamily Strategy
Resources from Mike and Nichole
Gateway Private Equity Group | Nic's guide | Franchise With Bob
