Christian Osgood bought his first pool property after acquiring 400+ rental units: a 76-unit complex. The pool adds insurance and maintenance costs, but he plans cosmetic fixes to the broken playground and hanging gutters to boost value.
Chapters
400 rental properties in, I finally have a pool, guys. First time ever, I finally own a pool and all the associated insurance and expenses for maintaining. We just bought 76 units. We are replacing this playground here because it is absolute bullshit. It's terrible. We're gonna clean up this campus a little bit, but it is a beautiful property. Lots of things that I love about it. All the problems with the property— the gutters hanging off, the beat-up playground, the tattered flags— are all the front of the property. You get into the living area and it looks fantastic. Why you wouldn't spend the little bit of money on the first thing people We'll see. I don't know, but we're gonna fix that. We're gonna make a killing.