Investing in Notes with Brian Hamrick
Episode description
Brian Hamrick began investing in single-family homes in 2002. During the Great Recession he purchased his first multifamily property and has since worked with private investors to acquire apartment communities, self-storage facilities, and non-performing notes. In 2012 he founded Hamrick Investment Group ("HIG") to help other qualified investors take advantage of the lucrative returns real estate has to offer.
Brian has created strategic partnerships with experts who understand all of the complex and specialized in's & out's of finding, negotiating, acquiring, managing and profiting from commercial real estate and npn's.
To date, HIG has bought & sold over $21 Million in assets and continues to seek opportunities that provide strong returns for his investors.
On This Episode:
- Brian gives examples about investing in notes.
- Learn how Sam has never made less than a 20% return on his investments
- Sam talks about the importance of a “human factor” in real estate investing.
- Brian reflects on the moves he made during the 2008 downturn.
- Hear the benefits of both single family and multi-family real estate.
- Brian explains the background and purpose of his show, The Rental Property Owner and Real Estate Investor Podcast.
Key Takeaways:
- Have money set aside for contingency plans - unexpected repairs, mortgage payments, etc.
- Consume actionable content.
- Be cautious what deals you go into. Stress test them and have minimum standards.
- A lot of people underestimate the amount of money they might have to put back into a property.
Tweetable Quotes:
“You can’t retire on single family homes.” - Sam Newell
“All real estate is a people business.” – Brian Hamrick
Brian Hamrick
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