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Updated almost 6 years ago on . Most recent reply

User Stats

4
Posts
1
Votes
Zachary Jones
  • Bellevue, WA
1
Votes |
4
Posts

Good Real Estate Resources in Lubbock Texas

Zachary Jones
  • Bellevue, WA
Posted

Looking to acquire my first multi-family property in Lubbock, Texas and I was hoping that the BiggerPockets community could recommend some good:

1) Real Estate Agents

2) Property Managers

3) Local Banks that are investor friendly

Also do people have a good feeling for what cap rates I can expect on Class C multis?

Most Popular Reply

User Stats

82
Posts
115
Votes
Jordan Sutherland
  • Realtor
  • Lubbock, TX
115
Votes |
82
Posts
Jordan Sutherland
  • Realtor
  • Lubbock, TX
Replied

Hey Zach! For most C class multifamiies in Lubbock, you can expect a cap rate of around 10-12%. It can vary based on the size and location of the property. I’m an investor friendly real estate agent and property manager, and I specialize in investment acquisitions for long distance investors like yourself. I also have a few connections with local lenders. I do commercial and residential real estate. I have several clients from BP that would be happy to act as a reference for my local market knowledge and customer service. Feel free to contact me if you’d like some help with your investing ventures in the Lubbock area!

  • Jordan Sutherland

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