In this episode of Path of Progress, Alex Kononov sits down with Andrew Freed @InvestorFreed — a former MIT & Harvard project manager who broke free from the W2 grind to build a 400-unit multifamily portfolio across Massachusetts and Rhode Island in just 4 years.
Andrew didn’t climb the ladder slowly through endless single-family flips. Instead, he leveraged house hacking, partnerships, and creative financing to scale fast — while most investors avoided Massachusetts, he turned it into his competitive advantage. From using a $200K HELOC on his Boston condo to self-managing 300+ units, Andrew shares a no-fluff blueprint for building wealth in markets others fear.
This conversation dives deep into house hacking strategies, raising capital, eviction management, the “binder strategy” for rent increases, the value of meetups, and the power of partnerships. Andrew also reveals how systems, people, and principles (like Ray Dalio’s) guide his investing and leadership decisions.
Whether you’re a beginner looking for your first deal or a seasoned investor aiming to scale, this episode is packed with tactical wisdom and battle-tested lessons.
📌 Key Takeaways:
✅ From MIT Project Manager to 400 doors in 4 years
✅ How house hacking cut $2,000/month in expenses
✅ Leveraging a $200K HELOC into multifamily deals
✅ The binder strategy for raising rents without pushback
✅ Why Massachusetts is his secret advantage (while others avoid it)
✅ Building partnerships and finding mentors through meetups
✅ Self-managing 300+ units — and why it’s a competitive edge
✅ How he maintains a 95% rent collection rate
✅ Raising millions for syndications & launching his own fund
✅ Why systems and delegation are more valuable than doing it all yourself
📚 Book Recommendations:
– Rich Dad Poor Dad by Robert Kiyosaki
– Principles by Ray Dalio
– Multifamily Millionaire Vol. 1 & 2 by Brandon Turner & Brian Murray
– Meet Kevin’s Real Estate Investing Course (training resource Andrew recommends)
🌐 Connect with Andrew Freed:
📸 Instagram → https://www.instagram.com/investorfreed?igsh=cDlvdDUybHZqemh6
💼 LinkedIn → https://www.linkedin.com/in/andrew-freed-msm/
🌍 Facebook → https://www.facebook.com/afreed2
🎧 Listen & Watch the Full Episode:
📺 YouTube → https://youtu.be/dfhlKLxSu5Y
🎧 Spotify
🎧 Apple Podcasts → https://podcasts.apple.com/us/podcast/path-of-progress/id1782550599
📲 Follow us:Instagram → https://www.instagram.com/pathofpro?igsh=MWhheGNsb216cXVuMg==
Facebook → https://www.facebook.com/pathofpro/
LinkedIn → https://www.linkedin.com/in/pathofpro
TikTok → @pathofpro
#PathOfProgress #AndrewFreed #AlexKononov #MultifamilyInvesting #RealEstateInvesting #HouseHacking #CapitalRaising #FinancialFreedom #PassiveIncome #Partnerships #SystemsAndTeams #MassachusettsRealEstate #SelfManaging #Delegation #RichDadPoorDad #RayDalio #400Doors #BuildingWealth
