Newbie looking for a mentor

Newbie looking for a mentor

Rental Property Investor · Santa Maria, CA · Member since 2020 · 5 posts · 4 votes

Hello,

I have recently dove into the real estate management realm and have a small ADU in Albuquerque for rent. I am seeking someone local as a mentor that wouldn't mind helping guide me through the process of finding, signing, and managing a tenant. If there is anyone interested, please DM me. Looking forward to working with those who are interested!

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Real Estate Broker · Atlanta · Member since 2024 · 1k+ posts · 604 votes
2mo

@Matthew Sweeney Congratulations on getting started. I hope you are able to find a local mentor. Another option would be to reach out to a local real estate agent who specializes in leasing. They can help you with marketing the property, showings, screening tenants and preparing the lease, usually for the first month's rent. 

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  • Real Estate Broker · Atlanta · Member since 2024 · 1k+ posts · 604 votes
    2mo

    @Matthew Sweeney Congratulations on getting started. I hope you are able to find a local mentor. Another option would be to reach out to a local real estate agent who specializes in leasing. They can help you with marketing the property, showings, screening tenants and preparing the lease, usually for the first month's rent. 

  • Denise SuppleeBusiness Member
    Realtor · Willow Grove, PA · Member since 2017 · 962 posts · 636 votes
    2mo

    Hi Matthew, congratulations on the ADU, that's a great way to start. While you look for a local mentor, I'd get moving on the basics yourself. Advertise on Zillow and Facebook Marketplace, run every applicant through a real credit and background check, verify income at two to three times the rent, and always call the current landlord rather than just the reference they list. Once you have a tenant, use a lease written for New Mexico specifically rather than a generic template. And take move in photos before handing over keys, that one habit saves so many disputes later.

    Spark Rental Co-Investing Club576 Reviews
  • Lender · United States · Member since 2020 · 177 posts · 26 votes
    2mo

    I would love to work with anyone who’s looking for a mentor. I like to basically educate you on the basically how alone from the beginning how it starts how to do good interviews how to basically work with your inner circle and have them bring you deals and it’s a whole lot that I can help you with getting started. My name is Jeffrey Abraham and I’m looking forward to working together with you. God bless you and have a great day. 

  • Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    2mo
    Quote from @Matthew Sweeney:

    Hello,

    I have recently dove into the real estate management realm and have a small ADU in Albuquerque for rent. I am seeking someone local as a mentor that wouldn't mind helping guide me through the process of finding, signing, and managing a tenant. If there is anyone interested, please DM me. Looking forward to working with those who are interested!

    Just curious, Albuquerque is rated as tough neighborhood. Since you are in CA why aren't you buying in Las Vegas or Phoenix where the options are better and the situation is more tolerable and the growth is more certain? 


  • Leslie VillarealBusiness Member
    Real Estate Broker · Albuquerque, NM · Member since 2021 · 67 posts · 32 votes
    2mo

    Hi Matthew-

    I am an investor here in Albuquerque and also a broker who works primarily with investors. I would be happy to have a call with you to help you on you journey! Feel free to reach out when you have a few mintes to chat!

    The VillaRealty Group- Leslie Villareal545 Reviews
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