From W2 to 500 Multifamily Units Using HELOCs

In this episode, Vince sits down with Andrew Freed, a former medical device sales rep who transitioned into full-time real estate investing and scaled from a single $650K property to over 550 units and $80M in assets under management.Join the free Launch REI Newsletter at newsletter.launchrei.coAndrew shares the exact pivot point that changed his trajectory, how he leveraged partnerships to scale faster, and the systems he put in place to move from small multifamily into large apartment communities.If you’re looking to break into multifamily, scale beyond your first few deals, or build long-term wealth through strategic acquisitions, this episode is packed with tactical insights and real numbers.In this conversation, you’ll learn• How he bought his first 35-unit property• The mindset shift required to leave a high-paying W2 job• The strategy behind scaling to 550+ units• How he structures partnerships and raises capital• Lessons learned from managing large assets• The operational systems required to manage $80M+ in real estate• Mistakes he made early on and what he’d do differently• Why focusing on relationships accelerated his growthAndrew walks through real deal examples and explains how consistent action, underwriting discipline, and strategic networking helped him build a substantial portfolio in a relatively short period of time.Time stamps00:00 – Introduction03:15 – Andrew’s background and leaving medical device sales08:40 – Buying the first 35-unit property15:20 – Structuring partnerships and raising capital24:10 – Scaling beyond small multifamily33:45 – Lessons from managing large apartment communities42:30 – Biggest mistakes and key pivots50:10 – Advice for investors looking to scaleGuest Bio Andrew Freed is a multifamily real estate investor and operator with over 550 units and approximately $80M in assets under management. After starting his career in medical device sales, Andrew transitioned into full-time real estate investing, focusing on acquiring and optimizing apartment communities. He specializes in value-add multifamily, strategic partnerships, and scalable systems for long-term wealth creation.Connect with Andrew FreedWebsite: https://freedommanagement.net/Facebook: https://www.facebook.com/afreed2Connect with LAUNCH REIWebsite: https://launchrei.coNewsletter: https://newsletter.launchrei.coPodcast Guest Application: https://launchrei.co/podcast/guest-apply/YouTube: youtube.com/@VinceCraneMastermind: https://launchrei.co/mastermindFollow VinceInstagram: https://www.instagram.com/vincecrane_/LinkedIn: linkedin.com/in/vincecrane#multifamilyinvesting#apartment investing#real estate syndication#scaling real estate#value add investing#raising capital#passive income#real estate partnerships#Andrew Freed#Launch REI