What does it take to grow from flipping cars in college to owning over 5,000 apartments and 2 million square feet of retail?

In this episode of No Vacancy, Taylor Avakian interviews Fred Leeds, a legendary real estate investor and operator. Fred shares his one-of-a-kind journey — from his first duplex purchase to cold-calling strategies, creative financing, and transformative inner-city projects. Along the way, he reveals the mindset and work ethic that turned opportunities into generational wealth.

You’ll learn:

- How Fred leveraged cold-calling to find and close deals

- Why inner-city Los Angeles became a cornerstone of his portfolio

- Stories of creative negotiations and community partnerships

- Lessons on resilience, risk-taking, and thinking outside the box

- The mindset shifts that turn hard work into long-term success

Whether you’re an investor, operator, or someone chasing their first deal, Fred’s story delivers timeless strategies and inspiration.

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