Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

$50,000,000 - our exact method

19 Feb 2023 · 0 min

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A real estate investor outlines their plan to reach $50 million in assets by building to $20 million, paying it off completely, then scaling to $50 million and paying that off too. They use only non-recourse debt and never re-leverage properties to keep ownership and lower risk. Grant Cardone told them scaling is hard, but they're determined to find a way.

you're going to do it anyway, go for it. For us, we wanted to set out and do $20 million, pay it off, $50 million, pay it off. And in the meantime, we're only doing non-recourse debt. We are paying everything off and then not re-levering the stuff that we've built because we don't want to lose it. Right. And in your case, if you want to scale up, talk about scaling. Cardone said the same thing when I did my little one-on-one with him. He said it's going to be difficult to scale. Like, yeah, it's difficult to play the game anyway. Let's find a way to make it work.