Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Buy bigger deals

22 Sept 2022 · 1 min

Watch on YouTube

0:51

In this YouTube clip, Christian Osgood reflects on his early real‑estate investing journey. He recounts buying his first property—a duplex—that generated cash flow immediately and served as a modest “base hit.” He then reveals that, unbeknownst to him at the time, a four‑plex in Central Washington was available that would have produced roughly double the cash flow and provided a stronger market foothold, essentially a “home run” compared to his duplex. Osgood explains that his focus on simply entering the market blinded him to larger opportunities and the importance of strategic relationships. He highlights his first major partnership with Cody Davis, a 21‑year‑old who had just closed on a 30‑unit portfolio. This partnership demonstrated how scaling up to larger deals could be achieved with similar capital outlay but significantly higher cash flow, underscoring the lesson that leveraging the right connections can accelerate growth in real‑estate investing.

Chapters

When I was first getting started, I was looking at specific deals. I ended up buying a duplex. It was a, it was a base hit, wasn't a home run, but it moved me forward. It cash flowed day one. It was a decent deal. I'm happy I bought it. I learned a lot. However, there was a— didn't know this, but there was a fourplex available in Central Washington that would have made twice as much, cash flowed 3 times as much, and gave me a better stronghold in the market that would end up being the place that I started investing. However, I was looking for the first deal to get in the game. I wasn't looking for the different relationships that moved me forward. The first big relationship I had scaling me up in real estate was my business partner and channel partner, Cody Davis. See, he was 21 at the time, just closed on 30 units. I could have started with a building twice as big for about the same cost with a lot more cash flow.