Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Another Garbage Guru

8 Nov 2024 · 1 min

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0:58

In this monologue, Christian Osgood denounces flashy online real‑estate influencers who flaunt yachts, Bentleys and multimillion‑dollar homes, labeling their advice as “garbage.” He argues that buying cheap single‑family homes in the Midwest, wholesaling, or flipping does not lead to true financial freedom. Instead, Osgood promotes investing in multifamily properties built under Section 42, which provide low‑income, government‑subsidized housing. He highlights the dual benefit of substantial profits and community impact, emphasizing pride and ethical ownership over mere wealth. Osgood references his partner Caleb and a specific building they are targeting, underscoring that success comes from learning from genuine operators rather than self‑promoting influencers.

Chapters

You seen that guy stand in front of the yacht and his Bentleys and his super house? I'll tell you what, it's all garbage. You don't want to buy houses in the Midwest. You don't want to buy cheap single-family. You don't want to wholesale or flip. You want to actually get financial freedom. You want to actually do something good for your community. If you've seen the, oh, look at my $2 million house and my $2 million boat with my car— these guys are online marketers. They're influencers. They probably have no idea how to play the real estate game. They want your money. To fund their house. You want to learn from actual operators. I'm here, my buddy Caleb's over there. This is a building that we're looking to buy in Section 42. We're going to provide low-income housing to people who really need it. Uh, yes, we're going to make a ton of money doing this. We're also going to provide great housing. We're going to keep this place clean. We're going to keep it nice. This is something where the government is going to help support people being here. They're going to subsidize housing. We need this. We need these services. If you become good at this, yes, you can become rich, but this isn't all about the money. It's about feeling good about what you do and being proud of what you own. This is not a beat-up house in the Midwest. This is multifamily.