In this episode of The Path to Wellth,  Bill Hamel, founder of Hamel Real Estate and a seasoned multifamily investor shares his journey in the real estate industry, starting from smaller properties and now focusing on larger multifamily communities. He also discusses his passion for ultramarathon training and the mindset it takes to complete these challenging races. Bill emphasizes the importance of pushing through physical pain and having a no-quit attitude in both sports and real estate investing. Tune in to gain insights from Bill's wealth of experience, determination and approach to success.Enjoy this episode on your favorite podcast platform✅ Apple → https://podcasts.apple.com/gb/podcast/the-long-game-how-an-ultramarathon-mindset-shapes/id1625806145?i=1000643049980✅ Youtube → https://youtu.be/hAMcB7YOmGQLet’s Stay Connected✅ LinkedIn →  https://www.linkedin.com/in/hannes-hennche/Connect with Bill Hamel ✅ LinkedIn → https://www.linkedin.com/in/bill-hamel-84b52619/✅ Website → https://hamelrealestate.com/ Time Stamps00:00:58 - Mindset for Running Ultra Marathons00:03:31 - Mental Strength and Physical Limits00:08:27 - Applying Endurance Mindset to Real Estate00:10:47 - The Importance of Core Values in Business00:12:25 - Adapting to High Interest Rates in Real Estate00:13:01 - Transitioning to Larger Multifamily Investments00:15:10 - Investing in Florida and Tennessee Markets00:17:00 - Insurance Challenges in the Tampa Area00:18:04 - Mindset Shift from Operator to Owner00:20:15 - Vertical Integration and Property Management00:21:02 - Prioritizing Investor Relations and Business Opportunities00:22:00 - Effective Task Management and Delegation00:25:44 - Best Practices and Challenges in Raising Capital00:28:03 - Nurturing Investor Relationships00:29:01 - Correlation Between Endurance Running and Real Estate00:32:02 - The Appeal of Short-Term Rentals vs. Long-Term Investing00:34:16 - Detaching from Goals and Focusing on the Process00:35:27 - Consistent Work and Directional Goals00:36:31 - The Importance of Rest and Recovery00:41:32 - Maintaining Healthy Competition Among Lenders00:44:05 - The Importance of Diverse Banking Relationships00:45:19 - The Journey of Learning in Life and BusinessQuotes"There's so much urgent stuff that's not important. That's to be delegated.""And nothing compounds at the rate of relationships, like having real relationships, solid, genuine relationships.""Become an owner of your business. Don't be an operator of your business."#thepathtowellth #realestateinvestment #realestate #realestateinvestor #passiveinvestment #multifamily #capitalraising 

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