Christian Osgood went from a high-earning sales job to building a real estate portfolio that generates $25,000 monthly in cash flow. His first properties with $30,000 and $20,000 down payments broke even. He and partner Cody switched to creative financing with little upfront cash and scaled to $12,500 each per month in two years.
Chapters
Sure is easy to buy real estate when you have money, right? Well, I actually started with some money. I had a quarter million dollar salary. Not everyone has that. I'll tell you exactly how far it goes though. So what we did is I got a duplex first, $30,000 down, bought another duplex, $20,000 down, $50,000 reno. I bought my personal house and renovated the bathroom. And guess what? That's as far as the money went. 8-year sales career got me 2 duplexes and a house. Is that a great head start? Sure. But that doesn't get you rich. That got me break even on my real estate. My duplexes paid for my house. What am I going to do, work for another 2 decades to start getting some passive income? So So what we ended up doing is creative finance. We bought everything without money. We scaled in a 2-year period, $25,000 a month coming in like clockwork. That's to Cody and Christian individually. Now, he started with $3,000. I started with a high income. Anyone can do this game.