Hannah HammondFounder & CEO, HB Capital & The Firm RE · CEO of HB Capital | Helping CRE Developers & Investors Fund Deals Nationwide | Host of The Hannah Hammond Show

From $1,000,000 a month to losing EVERYTHING.. his story will give you chills

Name: From $1,000,000 a month to losing EVERYTHING.. his story will give you chills
Uploaded: 2025-10-07T19:23:30+00:00
Duration: 51 s
Channel: Hannah Hammond
Description: A real estate investor had 38 house flips when the market crashed in August 2007, losing $1 million and selling properties at $20k to $40k losses each…

7 Oct 2025 · 1 min

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0:51

A real estate investor had 38 house flips when the market crashed in August 2007, losing $1 million and selling properties at $20k to $40k losses each. He watched peers go through divorces, bankruptcies, and suicides. His Marine training taught him to fight, stay calm, and solve the problem.

Questions this video answers

About $1,000,000.

August of 2007.

38 vacant flips.

About $20,000 to $40,000 losses per house.

Chapters

I would have had a better time in 09 paying someone to come to my room and kick me in the nuts every morning to get back in bed than my life was. We lost about a million dollars. And when I say we, I don't mean like me and Blackstone. I mean like me and my wife. Market actually crashed in August of 07. We had 38 vacant flips going at that time. We were selling houses for 20, 30, $40,000 losses like crazy. Everything I knew got turned upside down. Most of my friends ended up getting divorced. Most of my friends ended up going bankrupt. I had some friends commit suicide. How did you get through that? When your back's against the wall, you know you can either curl up or fight. I'm a Marine, so obviously I pick to fight, but don't understand, like, how bad it was. How do we get through it? Just, you do what you have to do to get by. I say to my team all the time, like, no one's going to die. There's not an IED underneath that piece of paper. Calm down, solve the problem.