Bankruptcy

Robert Orfino aka Mr. Texas Real Estate in Financial Trouble Over Swindling Allegations in Lawsuits

Real estate investors are lured into the “Mastermind” REI system and invest tens of thousands or even millions of dollars with Robert Orfino.

BGHTX 01 LLC

(24-20187)

United States Bankruptcy Court, S.D. Texas

JUL 1, 2024 | REPUBLISHED BY LIT: JUL 3, 2024
JUL 3, 2024

Above is the date LIT Last updated this article.

Initial Order in Subchapter V Case, Signed on 7/2/2024

(Related document(s):1 Voluntary Petition (Chapter 11))

Status conference to be held on 8/14/2024 at 01:30 PM at Corpus Christi, 1133 N Shoreline. 

(tjl4) (Entered: 07/02/2024)

Bghtx 01 LLC filed as a Domestic Limited Liability Company (LLC) in the State of Texas on Wednesday, January 2, 2019 and is approximately five years old, according to public records filed with Texas Secretary of State.

U.S. Bankruptcy Court
Southern District of Texas (Corpus Christi)
Bankruptcy Petition #: 24-20187

Assigned to: Bankruptcy Judge Marvin Isgur
Chapter 11
Voluntary
Asset
Date filed:   07/01/2024

 

Debtor
BGHTX 01 LLC
14602 Villa Maria Isabel
Corpus Christi, TX 78418
NUECES-TX
Tax ID / EIN: 83-3001840
represented by H. Gray Burks, IV
Law Office of H Gray Burks IV
950 Echo Ln
Suite 300
Houston, TX 77024
713-542-6077
Email: gray.burks@bakerassociates.net
U.S. Trustee
US Trustee
615 E. Houston Street
Suite 533
San Antonio, TX 78205
represented by Jessica L Hanzlik
United States Trustee Program
615 E. Houston Street
Ste 533
San Antonio, TX 78205
210-472-4640
Email: Jessica.L.Hanzlik@usdoj.gov

 

Filing Date # Docket Text
07/01/2024 1
(9 pgs)
Chapter 11 Subchapter V Voluntary Petition Non-Individual Fee Amount $1738 Filed by BGHTX 01 LLC. Chapter 11 Plan (Small Business) due by 09/30/2024. (Burks, H.) (Entered: 07/01/2024)
07/02/2024 2
(3 pgs)
Initial Order in Subchapter V Case, Signed on 7/2/2024 (Related document(s):1 Voluntary Petition (Chapter 11)) Status conference to be held on 8/14/2024 at 01:30 PM at Corpus Christi, 1133 N Shoreline. (tjl4) (Entered: 07/02/2024)

 


 

PACER Service Center
Transaction Receipt
07/03/2024 19:27:11

Born and raised in New Jersey, Robert worked with his father doing construction. Robert later attended Kean and Rutgers University, and set out to find a “good job.”

At the age of 42, Robert had been working for someone else’s fortune for 20 years and upon understanding the importance of wealth and how to create it, he caught the entrepreneurial bug and left his job to start his own green consulting firm.

Within the first year of business, the firm was directly impacted by the financial crisis in 2008.

He persevered through the major financial setbacks that followed and began working as a So-Cal contractor.

In 2012, Robert took an opportunity to work on flipping for private investors, where he flipped almost 200 different homes.

He continued to work in the So-Cal Real Estate Market until 2014 when it made a major comeback and deals became scarce.

By 2015, Robert sought out a market gap for flipping houses in New Jersey, the #1 foreclosure state in the country at the time, and assembled a team to build business back up.

Although the market had been tumultuous for quite some time, he saw an opportunity to raise capital for the New Jersey and New York Real Estate Markets and founded a Distressed Real Estate Investor Fund.

He launched a building consulting firm in 2007, began rehabbing Fannie Mae and Freddie Mac homes in Southern California, and flipped over 200 homes for private investors.

Early 2015, Mr. Orfino saw early signs of a turnaround in New Jersey and assembled a team to begin flipping remotely.

As the New Jersey market recovered, Mr. Orfino identified Houston as a good market for flipping.

Post-Harvey, he has been building his rental portfolio in both NJ and southeastern TX.

An active real estate investor and mentor, Robert regularly speaks to entrepreneurs across the country.

His Texas Real Estate Radio Network show can be heard weekday evenings on KNTH The Answer 1070 AM from 9-11pm.

The show is available on iHeartRadio & streamed on Facebook Live and YouTube.

RQMJXL LLC

(24-33112)

United States Bankruptcy Court, S.D. Texas

JUL 1, 2024 | REPUBLISHED BY LIT: JUL 3, 2024
JUL 3, 2024

Above is the date LIT Last updated this article.

Bookmark for updates.

202434514 –

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Aug 18, 2023 | REPUBLISHED BY LIT: JUL 3, 2024

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Robert Orfino aka Mr. Texas Real Estate in Financial Trouble Over Swindling Allegations in Lawsuits
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