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605: More Problems, More Money & Why Investors Should Search for Fresh Headaches

605: More Problems, More Money & Why Investors Should Search for Fresh Headaches

FromBiggerPockets Real Estate Podcast


605: More Problems, More Money & Why Investors Should Search for Fresh Headaches

FromBiggerPockets Real Estate Podcast

ratings:
Length:
74 minutes
Released:
May 5, 2022
Format:
Podcast episode

Description

How many rental units do you want? Depending on who you ask, the number of rental properties can differ dramatically. A young investor may be looking to scale their portfolio quickly, eyeing ten, fifteen, or even one-hundred units. But, for a veteran real estate investor, who may already have a three or four-figure portfolio, the optimal rental unit count could be none at all—they may purely want passive income.Christian Osgood knows this all too well, and it’s how he’s grown a seventy-one-unit portfolio in such a short amount of time. As half of a dynamic investing duo, Christian and his partner Cody Davis know that the first place to look for a deal is within someone’s goals. Unlike most off-market deal hunters, Christian and Cody don’t blatantly ask a seller if they’re willing to part ways with their property. They do something much different and a bit unorthodox. Christian and Cody have grown a massive multifamily portfolio in an impressive amount of time. Christian walks through the reasons why this partnership works, how they divvy up their roles, and why new investors should learn to love new problems, not cower in fear over potential pit-stops on their wealth-building journey. In This Episode We CoverThe “fish hauling and shipbuilding” of a perfect real estate partnership Why entrepreneurs and investors alike should search out new problems to solveFinancing large deals using OPM (other people’s money) and raising capital the right wayHow to find any off-market property owner simply by using Google MapsThe biggest mistake you can make when raising money from private investors Relationship marketing and how it can open you up to phenomenal real estate deals And So Much More!Links from the show81 Units in 3 Years: All On-Market with NO Bank Loans w/Cody DavisOpenCorporatesAirbnbHGTVMicrosoftInvestment with David GreeneDavid's InstagramRobuilt's InstagramRobuilt's TiktokRobuilt's TwitterRental Property InvestingThe 10X RuleConnect with Christian:Cody and Christian's YouTube ChannelThe Multifamily StrategyChristian's InstagramClick here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-605See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 5, 2022
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.