JF2607: From the Music Industry to Multifamily with Rich Frierson

With a background in music producing, Rich Frierson decided to go into real estate when he saw the profits he was capable of earning. Now, he’s the go-to for many others in the music industry. Rich is discussing how he balances his relationships with lenders and owners alike, how he is able to buy these properties on short sales, and his expectations for what the multifamily market might bring in 2022. 

Richard Frierson Real Estate Background:

• Full time career as a music publisher
• Currently focused on multifamily units in the Bronx and Mt. Vernon areas of New York
• Current properties acquired through short sales and negotiated for 65% of ARV
• Developed a screening process to deliver consistently good tenants
• Based in Washington, DC
• Say hi to him at: https://www.10flipcommandments.com

• Best Ever Book: Oversubscribed

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