Apartment Building Investing With Michael Blank Podcast

MB 477: From House Hack to 350 Units: How to Achieve Financial Freedom in a Tenant Friendly State - With Andrew Freed

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Sinopsis

How do you scale to 350 multifamily units in a high-regulation, tenant-friendly market like Massachusetts—starting with a single house hack and a HELOC?In this episode, Andrew Freed breaks down how he did exactly that. He shares how he transitioned from a high-paying W-2 to full-time real estate investor, why he leaned into a market most investors avoid, and how strategic partnerships and capital raising unlocked serious growth. You’ll learn what actually worked, what didn’t, and how Andrew built a business that now self-manages 250+ units—all without starting rich or flashy.If you're serious about scaling and want a real-world blueprint from someone who's done it in a tough market, this one's worth your time.Key TakeawaysTurning a W-2 Into a Real Estate Exit PlanWhy Andrew stayed at his W-2 way longer than he needed toThe mastermind moment that finally pushed him to quitHow he 5X’d his income after going all-inHow to Go from One House Hack to Hundreds of UnitsThe simple playbook he used to scale with zero pr