Hamel Real Estate

Imagine turning a $50,000 investment into $97,000 in just 2.5 years.

Sounds like a dream, right? Well, it's not…

April 30, 2022: we made an unforgettable deal.

We purchased 61 Vandenburgh Ave for $1,025,000.

It was a prime multifamily property across from Hudson Valley Community College, surrounded by a blend of single-family homes and commercial conveniences.

But there was a twist.

The rear driveway didn't line up with the easement on the map.

It partially sat on the neighbor's property.

A potential deal breaker?

Absolutely.

But we didn't flinch.

Here's what we did:

✔️ We brought our lender in on the plan.

✔️ We assessed the risk (minimal, thankfully).

✔️ We stayed confident in the legal fix and moved forward.

What happened next?

With the help of Gerth Property Management, we revamped, remodeled, and revitalized:

- 9 apartments over 2.5 years.
- Painted, secured entryways, enhanced parking, and more.
- Raised the rent roll from $13,700 to $20,450/month.

November 14, 2024: we closed the sale.

Sold for $1,875,000.

And our passive investors?

They received a 30% annual return on their investment, turning a $50,000 stake into $97,000 (including a $47,000 profit).

This was more than just a win for us.

It was a win for everyone involved.

Truly an unforgettable deal...but also a damn good investment for our partners.

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Ready to learn more about how we turn properties into high-return stories?

Drop me a message, or let's talk about our next big move in Tampa.

P.S. Have you ever faced a "deal-breaking" challenge that almost stopped you in your tracks?

Comment below! 👇

Are you comfortable being uncomfortable?

My career in multifamily real estate has been filled with both wins and challenges, big and small. Through it all, one lesson stands out: never get too comfortable.

Even when you think you've got it all figured out, remember that learning never stops. I've made the mistake of becoming too comfortable before, but I’ve learned that real growth and innovation only happen when you're committed to learning and adapting.

If you're feeling stuck, remember: one thought, one decision can change everything. You have the power to shift your direction and build new momentum.

For construction company owners and real estate professionals, comfort can kill progress. When you stop pushing, you stop growing. Innovation slows, and opportunities pass you by.

Let’s commit to staying open to new ideas, looking for fresh perspectives, and always striving for more.

How do you push beyond your comfort zone to foster innovation and growth? Let’s discuss!

Putting in the Reps!

At Hamel Real Estate, our 30-year track record isn’t just a number. . .

It’s a testament to our dedication, expertise, and commitment to our investors!!

We’ve successfully navigated the ups and downs of the market, ensuring that every property we own remains profitable.

If you want to invest in a stable, high-return market, join us!

Let’s build wealth together through multifamily real estate!

How do you choose to invest?

I couldn't get a loan!

I needed my best friend Greg if he wanted to partner with on a 2 family property in Albany.

This led to a career building a portfolio of multifamily properties which was both challenging and rewarding!

The Albany area has been our home base, and over the years, we’ve seen the market evolve.

Our deep roots in this community and our understanding of its unique dynamics have been key to our success.

It’s a reminder that real estate is not just about properties; it’s about people, places, and persistence!

How did you get started?

Ready to grow your wealth without the hassle?

At Hamel Real Estate, we provide investment opportunities backed by our 30 years of success.

Every property we’ve owned has turned a profit, and now we’re inviting you to join our next big venture.

Let’s team up to build a secure financial future through multifamily real estate investing.

Reach out today to learn more about our upcoming projects!