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Small Axe Podcast

Sep 13, 2021

In today’s podcast, we’ll be sitting down with my friend, Bill Hamel, whom I have met in the Jake and Gino community. And I am very fortunate to have linked up with him because he's very knowledgeable, very experienced, and very well versed in multifamily. Bill started purchasing and managing small apartment buildings at the age 21 in Albany, New York where he and his partners eventually accumulated a portfolio consisting of 240 units. In 2017, after a serious health matter, Bill moved away from hands-on property management and currently focuses on acquiring large multifamily communities and mentoring newer investors ensuring their success in the real estate investing space. 

Make sure to tune in because Bill is going to walk us through his experience with real estate and how he was able to find success in multifamily investing. 


[00:01 – 7:55] Opening Segment

  • I introduce our guest, Bill Ham
  • How Bill started his real estate journey 
    • Starting with a small portfolio 
    • Struggling with managing a business 
    • Eventually focusing on large multifamily acquisitions
  • Bill shares about his long transition to real estate
    • Pivoting is scary at first 
    • The sense of freedom is fulfilling


[07:56 – 23:23] Finding Success in Multifamily 

  • Writing a Property Management Systems book 
    • General concept of being an owner, not an operator 
    • A tool to find solutions to multifamily property challenges
  • Book recommendation 
    • See link below 
    • How this book helped Bill develop his mindset
    • Getting deals with little to no money of downpayment 
  • Experience in seller financing and creative financing deals
  • Working with teams in real estate
  • The importance of having a growth mindset


[23:23 – 38:13] Keeping an Eye on Great Deals and Knowing When to Walk Away

  • Talking about Bill’s target market in Albany, New York 
    • Starting in an area that Bill was comfortable with 
  • Under contract of 94 units
    • Walking away from a contract
    • Tiptoeing around the property and not seeing the whole apartment 
    • Finding out the true state of the units after the inspection
  • Dealing with the emotional side of losing deals 
  • Watching out for new deals in New York City
  • Having a thought platform
    • Being more relevant through social media 
    • Sharing more of their through a podcast, Collecting Real Estate
    • Having a monthly meet-up 

[38 - 13 - 41:04] Closing Segment

  • Bill shares his biography title
  • Connect with BIll through the links below 
  • Final words


Resources Mentioned: 


Tweetable Quotes:

“I was a slave to the business, but it was my strange choice.” - Bill Hamel

“As you're gaining traction in the business, and you're developing some credibility, it will attract people that are interested in investing in your deal.” - Bill Hamel

“It was that strong “why” right at the beginning that fueled those first 10 years of building that (strong) portfolio.” - Bill Hamel

Find out more and connect with Bill Hamel through LinkedIn, Facebook, or send him an email at You can also check out his website at


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I believe that you only need a small axe to build a lasting empire. Let’s start building yours!

To know more about me and all the real estate opportunities you can find, you can connect with me on LinkedIn, Instagram, and Facebook or check out my website and book a call with me.