New multifamily investor looking for tips

New multifamily investor looking for tips

Member since 2025 · 1 post · 3 votes

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.  

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Leslie VillarealBusiness Member
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. 

The VillaRealty Group- Leslie Villareal545 Reviews
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  • Investor · Santa Fe, NM · Member since 2016 · 219 posts · 152 votes
    9mo

    Hi @Zay Bullock

    I've been investing in Albuquerque for 10+ years and would be happy to discuss any questions you have.
    What are you most interested in learning?

    Jens

    • New to Real Estate · NC · Member since 2022 · 12 posts · 1 vote
      8mo
      Quote from @Jens Nielsen:

      Hi @Zay Bullock

      I've been investing in Albuquerque for 10+ years and would be happy to discuss any questions you have.
      What are you most interested in learning?

      Jens

      Hello 👋 
      Happy holidays, I'm currently in the Albuquerque area too. Would you happen to know any good Property Managers? 
  • Leslie VillarealBusiness Member
    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. 

    The VillaRealty Group- Leslie Villareal545 Reviews
  • Ashish AcharyaBusiness Member
    CPA, CFP®, PFS · FL · Member since 2017 · 5k+ posts · 3k+ votes
    9mo

    @Zay Bullock, Just sent you a message with something that might help. Congrats and good luck as you start this multifamily journey.

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  • Investor · Santa Fe, NM · Member since 2016 · 219 posts · 152 votes
    8mo

    @Lu Cynda

    Finding a good property manager is always challenging. 
    I've used T&C Management for the last 10 years. 

    They do a good job, and I would recommend them.

    Jens

    • New to Real Estate · NC · Member since 2022 · 12 posts · 1 vote
      8mo
      Quote from @Jens Nielsen:

      @Lu Cynda

      Finding a good property manager is always challenging. 
      I've used T&C Management for the last 10 years. 

      They do a good job, and I would recommend them.

      Jens


       Thank you very much Jens. I appreciate it.

  • Investor · Santa Fe, NM · Member since 2016 · 219 posts · 152 votes
    8mo

    @Lu Cynda

    You are welcome. I'm happy to answer specific questions offline if you want to connect directly with me. 

  • 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! 

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