Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Want something rewarding? Fix up multifamily ‼️

20 Jun 2025 · 1 min

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Christian Osgood argues that renovating neglected multifamily properties delivers both profit and community impact. One successful value-add project typically leads to more opportunities, creating a cycle of financial gain and affordable housing improvements. The work brings personal satisfaction despite potential online criticism.

Chapters

If you want to do something that's really rewarding, I have found this type of project, the beat-up building, the mismanaged property, if you can come in and do something good for your community and happen to make a ton of money doing it, you will feel very, very good about what you do. It's a very, very engaging business. It's a fun business. It's affordable housing and it's fixing up so many properties. At the end of this, yeah, you're going to make a lot of money, but more importantly, you're going to look back at this and you're going to be proud of the project. What usually I find happens is you're going to look at more projects that also need some value add and you're like, hey, every time I fill these— Yeah, I can't fix everything. I've improved my community. And if you post any of this online, your community will hate you for it, but you'll still get to feel good about yourself.