Today, we’ll highlight how Charles Hamilton manages his multifamily and hotel properties simultaneously. He’ll start by telling us about his unplanned entry into real estate, taking over his father’s investments and selling them eventually, to diversifying his portfolio across larger assets. 

Charles also gives us an idea about the things he considers to get involved with the right network and partners, dealing with sponsors, and acquiring and funding hotels and apartment deals. Be sure to delve into this episode for more!

Key Points & Relevant Topics

• Charles’ background in the corporate world and his journey to managing his father’s properties with no prior experience
• How Charles ended up choosing and focusing on multifamily and getting involved in a partnership 
• Questions you should be asking deal sponsors before partnering with them
• The benefit of attending networking events and how to find them online
• The main difference between hotels and multifamily apartments 
• Ways to find hotel deals 
• Things to consider when partnering in a hotel deal and operating a hotel business under a specific brand
• The process of financing and acquiring loans for hotels

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Charles Hamilton

Charles worked for Structural Dynamics Research Corporation (SDRC), a Computer-Aided Design (CAD) company, out of college. During his time at the SDRC, he was in a sales role, lead application engineer, customer service engineer, and project manager. In specific, he was commended by Xerox for helping them develop work processes with the CAD system to help them meet their goal of delivering new and innovative products. He was part of the pilot team and helped win this account with his efforts. At the time of Xerox signing on to use their CAD system, it was the second largest account for SDRC. 

​From there, he moved into software development as a project manager for Booz Allen Hamilton, Spaceworks, and Digital Harbor. At Booz AlIen Hamilton, he managed software development projects and also worked on consulting engagements. These roles allowed him to use his ability to develop strategy and implement the tactical aspects of the projects. During his time at Booz Allen Hamilton, he received his MBA. The purpose of getting the MBA was to round out his skill set. 

​His real estate experience came after his father’s passing. He was left to run a 4-lot mobile home park and a single-family home rental. His goal is to take the experience he has gained and continue to invest in multifamily and hotels. 

​The team he’s a part of just closed on a 65-unit apartment complex in Charlotte, NC. He’s on this deal as a General Partner (GP), a Limited Partner (LP), and also a part of the asset management team.

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