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All Forum Posts by: Robert Bleisch

Robert Bleisch has started 3 posts and replied 30 times.

Post: Down payments in Texas?

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

I own and self manage this portfolio. Asking $13.5M. 7.3 Cap. Stabilized. 175doors.com. 

Post: Down payments in Texas?

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

You can find 80% LTV financing all day long

Post: 🏢 Off-Market Value-Add Multifamily Opportunity in Lubbock, TX! 🏢

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

Interested. Text me info please 619 995-3361

Post: New Member Looking to invest in a Multi-family

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

Phillip, I’m a buy and hold investor in Lubbock, Tx. I  own a stabilized, class C portfolio of 200 or so single family rentals here that I self manage. My business partner is getting a divorce and rather than split things up we have decided to liquidate soon. For quick sale we are prepared to sell at the 1% rule of current rents and will consider owner financing with 20% down (30 year @ 7% w/ a balloon between 3-7 yrs). Rents are low (10%-25% below market depending on the property so there is value add). Text me if you’d like more info: 619 995-3361.

Post: New Member Looking to invest in a Multi-family

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5
Quote from @Philip Anderson:

I am a beginner looking for any advice on buying my first multi-family unit.  I would like to buy and hold for 5 years or so and possibly refi to buy another one in a couple years.  I have about 450k and looking to get my feet wet and would love it for any advice on good markets to jump into.  I live in California but do not want to invest here.  I have been looking at Cleveland and Lubbock but other than that I am just trying to figure it all out.  I need help on how to analyze specific localities.  Are there any resources for researching demographics of a specific area that would help?

I guess I need help determining how to locate properties to be able to crunch the numbers. I have been looking on loopnet but it seems like that is not the best spot to find good deals. Any help on how to figure out a local CAP rates for a specific area would be helpful.

I would also like to ask if there are different questions I should be asking to understand different markets as a first time investor in a market where I do not live or are not familiar with.  

I might be interested in a good recommendation for a partner as well.  I am good at crunching numbers and also bring some capital to the table.  I also have a LTR single family home with positive cash flow.  I am just looking to getting my foot in the door with a multi-family so I have some experience.

Thanks in advance!


Post: New to real estate

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

Gerry,

I own and self manage approximately 200 doors in Lubbock. Most areSFR but a few are duplexes. Most were updated in the last few years. I was planning on fixing and flipping a few of the one's that have not been but updated. I'd consider giving you a good deal on one or two before I I begin working on them. Let me know if this interests you.

Post: New to real estate

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

Most likely will want to be cashed out but that can be figured out later. I’ll email you 

Post: New to real estate

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

Ken, I own and self manage approximately 200 doors in Lubbock. Most are SFR but a few are duplexes. Most were updated in the last few years. I was planning on fixing and flipping a few of the one's that have not been but updated. I'd consider giving you a good deal on one or two before I I begin working on them. Let me know if this interests you.












Post: Looking for a CPA in Texas

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

Looking for a good CPA in Texas who specializes in real estate investing in general and owner financing/wrap notes in particular 

Post: Single Family Portfolio for Sale in Abilene/Lubbock, Texas

Robert BleischPosted
  • Investor
  • Lubbock, TX
  • Posts 34
  • Votes 5

Interested. Please send to [email protected] or text to 619 995-3361