605: More Problems, More Money & Why Investors Should Search for Fresh Headaches 01:13:40

    <p><strong>How many rental units do you want?</strong> Depending on who you ask, the number of rental properties can differ dramatically. A young investor may be looking to <strong>scale their portfolio</strong> quickly, eyeing ten, fifteen, or even one-hundred units. But, for a veteran real estate investor, who may already have a <strong>three or four-figure portfolio</strong>, the optimal rental unit count could be none at all—they may purely want <a href="https://www.biggerpockets.com/blog/passive-real-estate-investing">passive income</a>.</p><p><strong>Christian Osgood</strong> knows this all too well, and it’s how he’s grown a <strong>seventy-one-unit portfolio</strong> in such a short amount of time. As half of a dynamic investing duo, Christian and his partner <a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-554">Cody Davis</a> know that the first place to look for a deal is within someone’s goals. Unlike most off-market deal hunters, <strong>Christian and Cody don’t blatantly ask a seller if they’re willing to part ways with their property</strong>. They do something much different and a bit unorthodox. </p><p>Christian and Cody have grown a <strong>massive multifamily portfolio in an impressive amount of time</strong>. Christian walks through the <strong>reasons why this partnership works</strong>, how they divvy up their roles, and why new investors should <strong>learn to love new problems</strong>, not cower in fear over potential pit-stops on their wealth-building journey. </p><p>In This Episode We Cover</p><p>The “fish hauling and shipbuilding” of a <a href="https://www.biggerpockets.com/blog/real-estate-new-investor-structure-partnership">perfect real estate partnership</a> </p><p>Why entrepreneurs and investors alike should <strong>search out new problems to solve</strong></p><p><strong>Financing large deals using</strong> <a href="https://www.biggerpockets.com/blog/investor-spotlight-cody-campbell">OPM (other people’s money)</a> and raising capital the right way</p><p><a href="https://www.biggerpockets.com/blog/2015-09-15-6-insider-hacks-finding-off-market-real-estate-deals">How to find any off-market property</a> owner simply by using Google Maps</p><p>The <strong>biggest mistake</strong> you can make when <strong>raising money</strong> from private investors </p><p>Relationship marketing and how it can open you up to phenomenal real estate deals </p><p>And <strong>So</strong> Much More!</p><p><strong>Links from the show</strong></p><p><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-554">81 Units in 3 Years: All On-Market with NO Bank Loans w/Cody Davis</a></p><p><a href="https://opencorporates.com/">OpenCorporates</a></p><p><a href="https://www.airbnb.com/">Airbnb</a></p><p><a href="https://www.hgtv.com/">HGTV</a></p><p><a href="https://www.microsoft.com/">Microsoft</a></p><p><a href="https://www.investwithdavidgreene.com/">Investment with David Greene</a></p><p><a href="https://www.instagram.com/accounts/login/?next=/davidgreene24/">David's Instagram</a></p><p><a href="https://www.instagram.com/robuilt/">Robuilt's Instagram</a></p><p><a href="https://www.tiktok.com/@robuilto">Robuilt's Tiktok</a></p><p><a href="https://mobile.twitter.com/robuiltchannel">Robuilt's Twitter</a></p><p><a href="https://store.biggerpockets.com/products/rental-property-investing"><em>Rental Property Investing</em></a></p><p><a href="https://amzn.to/3LCfTZ7"><em>The 10X Rule</em></a></p><p>Connect with Christian:</p><p><a href="https://www.youtube.com/channel/UCkoxbEU_hoEpH8T-QUHR4nw">Cody and Christian's YouTube Channel</a></p><p><a href="https://themultifamilystrategy.com/">The Multifamily Strategy</a></p><p><a href="https://www.instagram.com/christianosgood/">Christian's Instagram</a></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-605</p><p><br></p>
  <p> </p><p>Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a></p>