Paige Capital Group // Invest with me
Phone // 800-863-9850
Email // charleshamilton@hamiltoninvestmentsgrp.com
Website // www.hamiltoninvestmentsgrp.com
In this conversation, Trae Jacobs interviews Charles Hamilton, the founder of Hamilton Investment Group. They discuss Charles' background, his transition from the military to real estate, and his experience in closing a 65-unit deal.
They also delve into Charles' foray into hotel development and his plans for scaling his business. Charles shares valuable lessons learned and offers advice for beginners in the industry.
The conversation concludes with Charles recommending books and sharing his goals for the future.
Takeaways
Transitioning from one industry to another requires rounding out your skill set and leveraging your existing knowledge.
Building relationships and networking are crucial for success in real estate.
Having a clear roadmap and setting achievable goals is essential for scaling your business.
Learning from past economic downturns can help navigate future challenges.
Trust and due diligence are key when working with sponsors and syndicators in real estate.
Chapters
00:00 Introduction and Background
03:05 Transition to Real Estate
08:35 Closing on a 65-Unit Deal
12:26 Venturing into Hotel Development
17:08 Long-Term Plans and Scaling the Business
22:22 Lessons Learned and Advice for Beginners
26:10 Influential Figures in the Industry
29:00 Motivation and Goals
31:29 Scaling the Operation and Buying Boring Businesses
33:11 Lessons from the 2008 Recession
35:21 Addressing Investor Concerns
36:56 Analyzing Market Demand for Hotels
39:26 Building Trust and Navigating Relationships
41:08 Valuable Relationships in the Multifamily Space
43:18 Roadmap for 2024
45:05 Expanding into Boutique Hotels
46:28 Advice and Book Recommendations
48:43 Closing Remarks