Colby Fryar is the principal of Mountain Bridge Capital. He started investing in real estate in 2013 and personally owns multiple properties in Tucson, AZ, Huntsville Al and Montgomery Al and a 12 unit multifamily property in Albuquerque, NM. He closed on his first syndication deal in October of 2021, a 123 unit portfolio deal in Las Cruces New Mexico and more recently assisted in closing a 297 unit Class A deal in Houston TX as a Co-General Partner on the deal. He has been focusing on multifamily property investing and syndication for the past 5 years. Colby’s background is in Civil Engineering Manager, where he has managed multiple $1M plus contracts and a division of maintenance staff. This has transitioned well into his ability to effectively manage contractors and property managers on all of Mountain Bridge Capital real estate projects. Colby’s passion is analyzing deals, making offers and fostering long-term relationships with multifamily brokers, property owners and other investors. Mr. Fryar’s team owns over 100 multifamily properties and has syndicated over 1000 multifamily doors. Mr. Fryar is the host of the Tucson Multifamily Meetup held the first Thursday of every month. Mountain Bridge Capital’s core values are integrity, transparency and an unparalleled commitment to excellence and investor satisfaction with the goal of returning greater than 15% of investor capital. Colby lives in Sahuarita, Arizona with his wife and three kids. He enjoys spending time with his family and hiking and hunting in the Santa Rita Mountains south of Tucson.

HIGHLIGHTS IN THIS EPISODE:

00:00 - Intro

01:28 - Colby’s Background

04:02 - Impact Equity

04:29 - Active Investing

08:06 - Mentorship

10:15 - Sponsors

12:40 - The Time Active Investing Takes

13:08 - Property Management

13:53 - Asset Management

16:52 - Property Management

18:53 - Changes for Tenants

22:30 - Seller Carry Note

24:37 - Market Trends

27:20 - Big Vs Small Operators

30:03 - Colby Recommends

31:32 - Mountain Bridge Capital

CONNECT WITH OUR GUEST:

Email: colby@mountainbridgecapital.com

Website: https://mountainbridgecapital.com

Cell: 520 730 4086

CONNECT WITH OUR HOST:

Connect with our host, Randy Smith, for more educational content or to discuss investment opportunities in the real estate syndication space at www.impactequity.net, https://www.linkedin.com/in/randallsmith or on Instagram at @randysmithinvestor

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Colby Fryar - Civil Engineer Turns Active Multifamily Investor