Good afternoon family! I'm new to multifamily real estate investing, highly interested in the Albuquerque area. I have a few properties but, I am looking to purchase my first investment property and scale from there. My Bigger Pockets reading list is complete, entering the home work phase, and hope to enter the purchasing phase soon. I would love to chat with some local investors to pick your brains and learn everything I can.
Real Estate Broker · Albuquerque, NM · Member since 2021 · 67 posts · 32 votes
9mo
Hi Zay- You've come to the right place- there is so much knowledge within this site! My husband and I have been investing here for the past 15 years, I'd be happy to chat about our experience and answer any questions I can about our market.
Real Estate Broker · Albuquerque, NM · Member since 2021 · 67 posts · 32 votes
9mo
Hi Zay- You've come to the right place- there is so much knowledge within this site! My husband and I have been investing here for the past 15 years, I'd be happy to chat about our experience and answer any questions I can about our market.
Financial Advisor · FL · Member since 2024 · 437 posts · 96 votes
1mo
Welcome to the multifamily space, Zay!
As you analyze deals, keep a close eye on local rent-to-income ratios and neighborhood-specific vacancy trends, ABQ has some great pockets for cash flow, but underwriting conservatively is key for scaling smoothly.
Happy to bounce ideas around or chat through financing strategies whenever you're ready for the numbers side of things. Wishing you the best of luck on your first deal!