Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Renovation Speed Run #realestateinvestment #shorts

21 Oct 2025 · 1 min

Watch on YouTube

1:20

In this short, Christian Osgood walks through a rapid, cost‑conscious renovation of a 25‑unit multifamily building, demonstrating how a cohesive black‑and‑white design and bulk‑purchased, uniform finishes can be implemented for under $5,000 total. He details each upgrade: glue‑down luxury vinyl plank (LVP) flooring for durability and easy cleaning; a single paint color stored as a SKU at Sherwin‑Williams for consistency across all units; black‑painted cabinets and matching black or white appliances; bathroom improvements including inexpensive GFCI outlets, $50 medicine‑cabinet mirrors, new vanities, a salvaged tub, and a shelf above the toilet; matching light fixtures, identical doorknobs, and uniform window shades and blinds. Osgood emphasizes that these modest, coordinated upgrades raise each unit’s rent by about $500, illustrating a high‑return, low‑investment renovation strategy for real‑estate investors.

Chapters

All right, renovation speedrun. First of all, brand new floors. Replace these bad boys with glue-down LVP. Looks nice, consistent, hard floor through everything. Super easy to clean, super easy to replace. New fixtures everywhere. Make sure they all match and make sense thematically in every single building. We buy these in bulk so we can replace them for every unit. Same with the paint. Same paint color every single time, every single unit, full portfolio. Store that paint SKU at Sherwin-Williams so they know what to do. Cabinets, we're able to paint black and salvage some of them. We've stained For this particular 25-unit building, all of them went to black and white. Same for all of our appliances, they're all either black or white. The counters are white, cabinets are black. Moving on, going to the bathroom. Oh, look at that, the theme is still black and white. We have brand new GFCIs, all of the stuff matches, it's cohesive, it was inexpensive. We have these awesome mirrors that double as a medicine cabinet, which I love, and they cost like $50. We got brand new vanities that we installed here. Tub was salvageable, and we put a new shelf above the toilet. It's the little things that cost almost nothing that really make the space. Last of the bedrooms, notice light fixtures match the light fixtures in the hall. All the doorknobs are the same doorknobs through the building, so they're not 5 different colors, and new shades and blinds on the windows, which means we have a fully renovated place and it cost us less than $5,000. You too can have beautiful units. These rent for $500 more than they did before we came in here. Not too bad.