Christian Osgood argues that using other people's money in real estate isn't about being clever with leverage. It's about building deals attractive enough that partners want in, then delivering them strong returns while you scale. The focus should be on creating opportunities, not bragging about using OPM.
Chapters
Does anyone else feel kind of icky when investors or posts online being like, how do I buy all this real estate? I just use other people's money. What I do is I create opportunities that are so awesome that other people want to participate in them, and there's so much upside that multiple people can make money. And I appreciate the fact that when other people get to participate in my deals, I get the privilege to buy deals that are bigger than the resources that I currently have so I can scale my business faster, bringing other people along with me. That's a whole lot different than being like, I bought this deal because I'm awesome, and guess how I did it? Other people's money. Guys, It's not just other people's money. These are other people who have the privilege to participate in an awesome opportunity that you create. So focus on creating great opportunities, attracting great people, and maximizing that return to the people who help you get to where you are today and growing your business.