The Simple Renovations that make Real Estate Investors Millions of Dollars

In this conversation, Christian Osgood discusses his experience with a 25-unit renovation project in Stephenville, focusing on the challenges and strategies involved in property acquisition, renovation, and tenant management. He emphasizes the importance of speed in renovations, effective financing strategies, and the impact of creating affordable housing on community dynamics.

Takeaways:
We are renovating every unit that is not our new model.
This was bought Seller Finance with one partner.
The biggest cost is the speed to get it completed.
We have 5% interest only payments.
Total turn is like four or $5,000.
I actually make more money making better spaces.
We rent to a lot of students out here.
This is how you make money in real estate.
It was a low income property.
You could do this in one deal in two years.

To learn more about the Multifamily Strategy, Creative Finance, Seller Finance, and investing in Multifamily rental properties check out our course and mentorship programs ➡️ https://www.multifamilystrategy.com/

Drone Footgage Shot With DJI NEO: https://amzn.to/4mj2Cqg

Field Camera DJI OSMO POCKET 3: https://amzn.to/4fjxMf1

Download our FREE Course on how to get started in multifamily investing! ➡️ https://www.multifamilystrategy.com/g...

Follow on Instagram: https://www.instagram.com/christianos...

Join our Free Community (and get a free calculator): https://www.skool.com/multifamilystra...

Chapters:
00:00 Introduction to the Renovation Project
02:55 Financing and Acquisition Strategy
05:36 Renovation Process and Cost Management
08:20 Tenant Management and Market Positioning

Explore the less known strategies of real estate investment and pave your way to financial freedom with Multifamily Strategy featuring Christian Osgood. Join Christian and a network of real estate professionals as they divulge priceless insights, innovative financial tactics, and triumph tales to empower you in the dynamic realm of real estate investment. Whether you're a seasoned player or an aspiring beginner, our podcast furnishes practical wisdom to expedite your journey towards prosperity and autonomy. Tune in now to kickstart the construction of your empire! Fresh episodes released weekly, make sure to SUBSCRIBE!"

Learn how to buy rental properties, purchase real estate low and no money down, and create your own multifamily strategy!

#multifamily #sellerfinancing #creativefinance #realestate