Episode

How I Built Cash Flow in Gary, Indiana — $60K Deals to a 28‑Unit Portfolio

Podcast

The Owner Meeting

Published

Dec 9, 2025

Duration seconds

2371

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not_requested

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https://multifamilystrategypodcast.podbean.com/e/how-i-built-cash-flow-in-gary-indiana-%e2%80%94-60k-deals-to-a-28%e2%80%91unit-portfolio/

Audio

https://mcdn.podbean.com/mf/web/yii83i3fc248xvww/riverside_podcast_version_dec_09_2025_005_christian_osgood_s_b9bd7-u2ghcf-Optimized.mp3

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Summary

Mike recounts his shift from expensive West Coast markets to cash‑flowing Midwest rentals, starting with low‑cost turnkey homes in Gary, Indiana. He explains why he chose those markets despite poor traditional metrics and how small investments reduced his risk.He outlines practical tactics: using YouTube and social media to dominate a niche, working with wholesalers and local investors, leveraging seller financing, and building a reliable out‑of‑state team (property managers, contractors). Mike emphasizes adaptability, hands‑on oversight, and the active work required to stabilize and optimize rental properties.