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Monday, April 20, 2026

‘Deal, Debt, Then Equity’: How These 23-Year-Olds Made $25M With This Real Estate Strategy

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23-year-old Cody Davis and his business partner, Christian Osgood, own around 180 apartments in Texas and Washington, and they used debt to create this growing $25 million real estate portfolio in four years. They now earn a gross revenue of nearly $300,000 monthly.

They also bought a resort called Robinhood that overlooks the Hood Canal in Washington. The 90-year-old resort across 12 acres of land has 18 cottages, a beautiful waterfront, and tons of space to host events. They hope to bring in $1 million in revenues from the resort by 2025.

On UpFlip’s YouTube podcast, the dynamic duo said they follow the principle of deal, debt, and…



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