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The Best Ever CRE Show

JF2607: From the Music Industry to Multifamily with Rich Frierson

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 22 October 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

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 Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:05.3

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0:11.0

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0:23.0

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0:27.0

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0:35.5

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0:40.0

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0:48.0

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0:56.6

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1:00.6

Prom best ever to get $100 off your ticket.

1:05.0

Try and help people first.

1:07.2

We know you want the deal.

1:08.8

I want the deal.

1:10.2

But we're dealing with people who are in trouble.

1:12.8

They come to us, it's not because they want to be there.

1:15.8

So it's very important to have empathy.

1:19.3

Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information go to best ever

1:35.0

show.com. I want to introduce to Ash Patel he's a full-time commercial real-state

1:39.9

investor he's going to be doing the interview today and a lot of them moving forward I'm still going to be doing the interview today and a lot of them moving forward.

1:44.2

I'm still going to be doing interviews, just not as many, and he is going to ask tough questions.

1:50.0

Well, still building rapport, that way it's not not awkward he's a good friend of mine

...

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