Collecting Real Estate

In this sixteenth episode Bill Hamel discusses the eighteenth investment property of his career. This property was a single-family home in the town of Ballston Lake and was a flip for Bill. In the episode Bill discusses challenges dealing with a well system and why he believes well should be avoided altogether. 

In this fifteenth episode Bill Hamel discusses the seventeenth investment property of his career. This was a mixed-use building that became Hamel Real Estate’s first office. The second floor of the building is an apartment and Bill eventually leased the office space on the first floor. A lot of this episode is spent discussing Bill’s mindset as he acquires his first office while trying to run and grow a property management company, and investment company and a brokerage all at the same time. 

In this fourteenth episode Bill Hamel discusses the sixteenth investment property of his career. This seven-unit building is the largest multifamily property of Bill’s career up until this point. The building was purchased during a time when properties were selling at a low price and this made the investment a cash cow. 

In this twelfth episode Bill Hamel discusses the fourteenth investment property of his career. A lot of this episode is spent discussing partnerships. Bill took on a new partnership with a friend from high school and it didn’t work out exactly as planned. Partnerships can be vital for growth but they can also backfire if treated correctly. 

In this eleventh episode Bill Hamel discusses the thirteenth investment property of his career. This property was another rental in the Pine Hills neighborhood of Albany. Bill discusses building a team as a contractor and getting comfortable with the construction rehab process. 

There is great discussion in this episode for any investor trying to scale their business. 

In this tenth episode Stephen Pearse discusses the first investment property of his career. This investment is a 19th century duplex in Rexford, NY. The discussion starts out with Stephen explaining why he got involved in real estate and evolves into discussing the scope of work needed for the house and the process involved with purchasing it.
 

There are a lot of first-time investment scenarios played out in this episode that can be extremely valuable for any new investor. 

In this ninth episode Bill Hamel discusses the twelfth investment property of his career. This investment was a burned single-family home in the same Pine Hills neighborhood of Albany. Bill spent six months as the contractor rehabbing the home to get it ready to flip. 

This episode has good discussions on construction rehab and the processes involved with it. 

In this eighth episode Bill Hamel discusses the eleventh investment property of his career. This investment was another college rental in the Pine Hills neighborhood of Albany. At this point Bill and his partner were still self-managing eleven properties as they learned the industry through first-hand experiences. Bill and Stephen also briefly discuss market cycles and Bill debates the decision of selling this property. 

This episode provides a good example of forward momentum leading to more properties and how creating a system can work to grow a portfolio. 

In this seventh episode Bill Hamel discusses the tenth investment property of his career. This investment was Bill’s second property in the Village of Menands. It was in the same area as his first Menands property, and he explains the importance of building clusters of properties. Bill describes the rehab that went into this property and elucidates that a property “flying under the radar” is usually a good thing. 

This episode shows how Collecting Real Estate can have a snowball effect and determination in this industry will show real results.