Channel: BiggerPockets
Category: Education
Tags: off market real estate dealsmultifamilyoff market real estateapartment investingreal estatehow to find real estate dealsrental unitshow to invest in real estaterentalspassive incomeraising private capitalbiggerpocketsinvesting in real estatemultifamily real estate investingrental propertybigger pocketsinvesting in multifamilyreal estate investingmultifamily investinginvestingrental propertiesincome propertymultifamily investor
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. ~~~~ Join BiggerPockets for FREE: biggerpockets.com/signup?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Listen to Christian’s Partner Cody Davis on the "BiggerPockets Real Estate Podcast": biggerpockets.com/blog/biggerpockets-podcast-554?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Grab “The Book on Rental Property Investing”: store.biggerpockets.com/products/rental-property-investing?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Real Estate Partnerships—A Powerful (& Profitable) Way to Start Out as an Investor: biggerpockets.com/blog/real-estate-investing-partnerships-powerful?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Subscribe to Cody and Christian’s YouTube Channel: youtube.com/channel/UCkoxbEU_hoEpH8T-QUHR4nw ~~~~ Exactly How to Find Every Multifamily Property Owner Ever: youtu.be/0Jo7VS0V0NI ~~~~ Learn More About The Multifamily Strategy: themultifamilystrategy.com ~~~~ Follow Christian on Instagram: @christianosgood or instagram.com/christianosgood ~~~~ Connect with Rob (Roubilt) on Youtube, Instagram, and Tiktok: Youtube: youtube.com/c/Robuilt Instagram: instagram.com/robuilt TikTok: tiktok.com/@robuilto Twitter: mobile.twitter.com/robuiltchannel ~~~~ Connect and Learn with David: Invest: investwithdavidgreene.com Learn: davidgreene24.com ~~~~ Connect with David and Rob on BiggerPockets: David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Rob: biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David on Instagram: @davidgreene24 or instagram.com/davidgreene24 Episode 605 Show notes at: biggerpockets.com/blog/real-estate-605?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:54 Quick Tip 04:17 Building the Perfect Partnership 15:35 New Year, New Problems! 23:35 30+ Units Using OPM 32:53 Finding Off-Market Owners with Google Maps 41:45 Money & Management Mistakes 51:08 Deal Deep Dive 57:31 Famous Four