Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Vetting Partners: The Human Factor #realestate #multifamilycollective #realestateinvestment

2 Dec 2025 · 1 min

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In this segment of his YouTube video, Christian Osgood explains that competence with personal money is a prerequisite for handling other people's money in real estate. He outlines his coaching program’s strict admission standards, stating he turns down many applicants and only works with individuals who have demonstrated basic financial literacy—such as maintaining a personal budget, saving money, and keeping debt under control. Osgood warns listeners who are living with minimal cash reserves and significant credit‑card debt that they should not enroll in mentorships, courses, or start a new business until they first get their personal finances in order by cutting unnecessary expenses, eating out less, and increasing income.

Chapters

If you're bad with your own money, you're going to be terrible with other people's. It's just the truth. I know it. People don't like to hear that because they want a magic pill, but it's really true. You got it spot on there. So I run a coaching program and it has like, I turn down a lot of people. I don't want you to spend your last dollar learning because you can learn for free. If you want to succeed in real estate, I want to see that you can manage your own budget, that you've actually managed to save some money. Like I want to work with people who have a personal level of financial literacy so that you can expand it to your business. But if you're sitting here and you're listening to a podcast and you're like, I have $2,000 in my bank account and $50,000 of credit card debt, my credit score is recovering. And that's what I always hear. Hey, I'm, I'm just getting better. Yes. We're working on it. We're working on it. If you're sitting in that status, the last thing you should do is join anyone's mentorship program, any course, start a new business. Fix those things. Get your personal budget under control. Eat out less, buy less unnecessary things, go out and earn more.