Christian Osgood's million-dollar yacht sank, but it was part of a seller-financed deal that also included real estate. He uses the story to explain how he builds wealth through buying and holding land, not quick schemes. Caleb started investing with $300.
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So I finally got the million-dollar yacht and this guy freaking crashed it. Seriously, million dollars. First time I was like, man, I'm going to become famous on Instagram because I'm rich and I bought a boat. Look at that. He let it sink. Looks terrible. No, I'm kidding, guys. This boat came with that property over there. We bought it seller financed just like we did that property over there and that property over there and that property over there, all the way back for the next 12 acres. Anyone can buy deals like this. This guy, took these strategies, did it in freaking Texas when he lived in San Diego. Unreal. You can do it anywhere. You really can do this anywhere. Caleb, you started with $300? Basically zero. If you have $300, you can do this. How much of the $300 did you spend, by the way? Okay, good. So if you have no money, you guys need to learn how to do this. I got my $300 in savings. This is not get rich quick, but I need you to hear this. There's a lot of people online. There's a lot of people online telling you how to make money. Just learn how to buy real estate and how to hold real estate. If you can do that, you will in fact be rich.