Water/Sewer and other costs for Multifamily in ABQ?
Anyone local want to share what their 2b/1ba run on water bills? Also, are there any hidden costs or taxes one should be aware of when investing in Albuquerque?
The reason I ask is in Phoenix the city imposes a %2 per month rental tax that is not really advertised to investors. You also have to register your property with the city as a rental, or you get a nice letter demanding a $2500 fine. All things I'm looking to avoid when buying in a new market.
Thank You for any help