Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Getting to the NEXT level

14 Nov 2022 · 1 min

Watch on YouTube

0:51

In this YouTube segment, Christian Osgood recounts his personal journey from owning a single house and two duplexes to acquiring a 38‑unit multifamily property. He explains how his partner Cody encouraged him to take the leap, marking the first deal where the scale was too large to manage with simple cash‑flow checks alone. Osgood highlights that reaching around 40 units often serves as a tipping point that forces investors to upgrade their operational approach, and he advises listeners to recognize when an opportunity pushes them into that next level of portfolio management.

Chapters

I have a challenge for you guys. I started with a house and 2 duplexes. It wasn't a 40-plex, to be fair, it was a 38-plex. But the jumping off point for me to go to the next level— and this is where Cody and I partnered. Cody pushed me here, but that was the first deal I bought, even with a relatively high income, where I'm like, I actually can't just work my way out of this one. Like, I can't solve this problem with a check if we're wrong. Today we can, but back then we sure couldn't. Yeah, that was the thing pushed me to the next level. I think you guys have enough portfolio. You had 30 units when you bought the 38. 30 units by 21. Yep. You guys are 28 by 19. 40 might be the size that you take a peek at if you find the right opportunity that may push you to have to operate at the next level.