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Updated almost 6 years ago on . Most recent reply
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Good Real Estate Resources in Lubbock Texas
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
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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