Multifamily Mastery: Bill Hamel’s Secrets to Thriving in a Competitive Market

The Millionaire Journey Podcast

Episode 52 – Bill Hamel

“And it's a challenge down there. You can't sugarcoat it. And once again, like many things in this business, being familiar with your market and having relationships in your market, I think makes the difference. I've heard conversations with people that aren't as familiar in their market or have as much of a footprint in the market. And no matter how hard they try, they can't get a premium that seems anywhere reasonable. And then you see other operators that are utilizing some of these similar techniques, as the blanket policy, and making it a heck of a lot more palatable.”

Join me this week as I interview Bill Hamel, the founder of Hamel Real Estate. Bill has a 30-year track record of success with investing in real estate. Since 2019, he has narrowed his focus to multifamily property acquisition across New York, Florida, and Tennessee. Throughout his career, Bill has consistently expanded his portfolio, reaching a cumulative $70 million in properties.
Bill and I discuss:
· His journey from restaurant cook to real estate investor
· Transitioning from smaller properties to multifamily investments
· The value of mastermind groups
· Finding the right investment partners
· Releasing control and building trust in management
· Navigating debt and underwriting challenges
· Insurance strategies for multifamily properties
LinkedIn: @bill-hamel
Facebook: @bill.hamel.37
Instagram: @billhamel90
Podcast: @collectingrealestate7512
https://hamelrealestate.com/

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