Rookie investor eager to make connections
Hello everyone,
i am a rookie investor and i'm very eager to start learning. I moved to Rio Rancho, NM last year for work. I am interested in multifamily and small single-family homes. i am "researching" potential investments in either Co, Nm, and El Paso Tx but I'm open to any suggestions. I currently have 2 properties; one rented in California (losing $200/month) and my primary home in NM. I look forward to joining the BP community and learning more about this industry.
Most Popular Reply
@Adolfo Villarreal congrats on owning the two you have. Since you’re exploring markets, start by learning how to analyze deals side by side so you can compare rent to price ratios, taxes, and landlord laws before deciding where you want to invest.
If you’re open to out of state investing, the Midwest is worth a look since markets like Cleveland, Columbus and others still have strong returns. Lower entry points and steady tenant demand. Multifamily is great, just make sure to connect with a local agent or property manager who can give you real numbers on rents, demand, and neighborhood trends.