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Welcome back to the Real Estate Investing School Podcast. In this episode, Joe has an excellent conversation with one of Boston's top multifamily investors, Andrew Freed. Andrew started investing only 3 years ago after he took a look at himself in the mirror and decided he wanted more out of life. Although he only has a few years expereience, he has done over 25 deals and has put in multiple hours every day into his real estate education and portfolio.
Andrew shares his journey and discusses the importance of choosing the right market and forming partnerships based on complementary skill sets. Andrew explains the difference between joint ventures and syndications and how he structures these partnerships to create the ultimate win win deals.
Freed emphasizes the importance of stabilizing multifamily properties quickly and shares his strategies for negotiating with inherited tenants. He also discusses his core beliefs, including the power of thought and intention as well has his passion for teaching others about financial independence.
The conversation focuses on the importance of playing the right financial game and the prevalence of financial illiteracy. It emphasizes the need to learn the language of money and take advice from experts who have achieved financial success, not just any average joe with a financial advisor job. The purpose of life, according to the Andrew, is to ultimately provide more value to the world than what you take.
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