Moving to Albuquerque, Looking For SFR and Networking Opps
Hi All,
I have been listening to the podcasts for quite a while, but I have not been very active in the forums. My wife and I will be moving to Albuquerque as soon as we sell our primary residence in Long Beach, CA. My timeframe is late Spring to early Summer 2017. My wife and I have a horse, and ultimately would like to have a horse property (we really like Corrales) where we can raise our children (no kids yet!).
In the meantime, and if I could find the right property, this may be a good opportunity to purchase a "rental property" (3/2 or 4/2 SFR) as our primary residence, live in it while we fix it up and learn the Albuquerque area, and then buy our horse property and rent out the first house. My wife's brother and his wife live in NE Heights area, so if the rental market is decent in that area, living near them would be a bonus!
I really just wanted to start the conversation and see if any experienced local investors would recommend this approach. Also, if there is anybody here who is also addicted to coffee, I'd love to grab a cup with you on my next trip to ABQ! :) I've seen from other posts that there are a few different meetups in the area, which I look forward to attending once I get out there.
Cheers,
Brett
Hi Brett!
Happy Holidays and hope your move to Albuquerque all goes smoothly. Thanks for reaching out to everyone here on the forum and welcome to investing. There are a lot of options here in town and I'm sure you'll find a great place to call home.
Hey @Brett Shank,
Welcome to the Land of Beans & Jerky! It sounds like you'll be getting here just before the summer monsoon. I'm looking for a small multi at the moment, but if I see something like you described in the heights I'll keep you in mind.
-Rob
@Mark Rickert & @Dale Hensel - PMs sent! Thanks so much for your quick responses.
@Ben Curry - Much appreciated!
@Robert Salazar - Great tune! Thanks for keeping your eyes open.
FYI to all - I expect to be in town sometime in January. Looking forward to meeting some or all of you!
Welcome to ABQ! Hope to see you at some of the REIAs. I'll be attending my first one in this market soon. I just moved here in September.