Blake / MultiFamily Steel

Real Estate Investor / 27 / MultiFamily Steel Slinger 🏗️ / Sharing my experience as a Real Estate Investor & MF Structural Steel Contractor

[Blake / MultiFamily Steel @BlakeLLL72]

At 22, I went from grinding in the oil fields to building a small residential fence company that turned into a multimillion dollar steel / construction company. I moved to Austin at 22 with $2,000 in cash, zero connections (other than my partner who convinced me to start a company with him), and no backup plan! Just hard work ethic and execution.

Starting from nothing, I scaled a residential fencing company into a dominant steel operation in under four years being the face and head of construction. 🔨
When a major commercial contract fell apart with one of our loyal clients, there was no stalling so we had to adapt. Winter was coming and everybody knows how Winter is in construction. My partner and I decided to use the setback as leverage, & pivot into real estate by deploying our steel business to acquire rentals and purchase profitable flips while continuing to scale the Steel Company.

[Blake / MultiFamily Steel @BlakeLLL72]

Everybody here specialize in section 8?
Or knows anybody?

[Blake / MultiFamily Steel @BlakeLLL72]

Served my first eviction today.

Dang

[Blake / MultiFamily Steel @BlakeLLL72]

@TheFortressInc Thank y’all! 🤠

[Blake / MultiFamily Steel @BlakeLLL72]

We officially sold and closed on our new build in College Station.

This one went down to the wire and taught us a lot… valuable lessons all around.

Grateful for the experience.

Not sure residential is our long-term play… multifamily might be the next move.

[Blake / MultiFamily Steel @BlakeLLL72]

New pickup in Temple, Texas
-105k Purchase
-$40k rehab
-ARV $270k

ABSOLUTE GRANDSLAM ⚾️

This home was hit by a tornado,
The previous owner put
-New Roof
-New HVAC
-New Floors (First story only)
-ALL new bathroom vanitys, toilets, hardware, bathtubs, and tiled all bathrooms.
-New Kitchen Cabinets
-New Exterior/Interior Doors
-New Windows

[Blake / MultiFamily Steel @BlakeLLL72]

PEOPLE SAY .5-.6’s WITH REHAB IN THIS MARKET DONT HAPPEN OR EXIST

I BEG TO DIFFER

ALL OF YOU BROKER WHOLESALERS CAN TAKE A HIKE (I’d really love to say something else here)

[Blake / MultiFamily Steel @BlakeLLL72]

Another little beautiful dinker we picked up this past week in Killeen, Texas

PP: $53k
Rehab: $22-$25k
ARV: $130k

Owner has a new bathroom, floors, & roof.
We are going to swing in and replace the siding, sheetrock 80% of the house, repaint it, put new electrical fixtures, and call it a darn day!

[The Broke Agent @TheBrokeAgent]

Me to the appraiser after opening the door and handing him the comps

[Blake / MultiFamily Steel @BlakeLLL72]

@TheRealEstateG6 As always, beautiful insight.

[Blake / MultiFamily Steel @BlakeLLL72]

Down 45 pounds in 97 days.

[Blake / MultiFamily Steel @BlakeLLL72]

@willnyguifarro1 @chaserealestat3 PT posts or Metal?

If vertical Cedar fencing w/ metal sch40 posts w/ 4 pressure treated runners

Between $40-44LF
Does not include demo and haul off

Make sure to confirm they are using 12’ Sch40 or Sch20 posts.

[Blake / MultiFamily Steel @BlakeLLL72]

@willnyguifarro1 @chaserealestat3 Whatcha got, i can give you ballpark numbers for what your looking for to compare

Run one of the biggest steel / fencing companies in central tx

[Blake / MultiFamily Steel @BlakeLLL72]

@TheJSantiago KILLER

[Blake / MultiFamily Steel @BlakeLLL72]

Just got approved for another HEB contract in Dallas, Texas.
Projected $100k in Profit 🔥

[Twon | 00.sol @TwonXBT]

Yall thought I was playing?

[Blake / MultiFamily Steel @BlakeLLL72]

@bradpputt That’d be great, Im buying a TON in Bell County.
I’m looking for a current flips in Williamson

[Blake / MultiFamily Steel @BlakeLLL72]

New landscaping going in today
New deck
Hitting the market Tuesday morning for $695,000.
$30,000 over budget 🤣
I kept adding things but I know with this neighborhood it will all be worth it.

Purchased at $386,000
Rehabed for $120,000
Should be a nice win!