Moving to Albuquerque - First property/ Becoming an investor

Moving to Albuquerque - First property/ Becoming an investor

Real Estate Agent · Berthoud, CO · Member since 2021 · 1 post · 1 vote

Hello my fellow BP people!

My name is Keighton Leftwich and I just beginning my journey into the world of real estate investing. I currently live in northern Colorado, but am planning to move to Albuquerque this May as my girlfriend attends the water resources grad program at UNM over the next two years. 

The reason I am creating this post is primarily for two reasons. 

First, I am hoping to purchase my initial property upon our arrival. That being said, we have never been to Albuquerque before, so sticking out my hand and asking others for their expertise seems like the right thing to do. I am primarily interested in purchasing a multi-family unit that may be close to the UNM area but I am still open to any opportunities. I have been combing through https://www.crimemapping.com/ to try and understand what areas may be the safest and I have some areas I think may be great places to invest in, but I am curious to know what areas you think are the best. Also, do you think now is a great time to buy in ABQ? -- I have many more specific questions, but it appears I cannot ask them without paying for an account through BP. 

Secondly, I will be graduating from Colorado State University this semester, and am eager to begin my career in real estate. As of now, I am not licensed as an agent, but will be enrolled in classes as soon as my CSU classes end. -- As BP states, I cannot ask for mentor recommendations without paying for an account, but I would be interesting in chatting with you in order to gain your valuable insight and opinions on the real estate community of Albuquerque. 

As always, thanks for all the valuable content, and I look forward to connecting to you!

Gratefully,

Keighton Leftwich

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  • Real Estate Agent · Albuquerque, NM · Member since 2015 · 59 posts · 38 votes
    5y

    Hey @Keighton Leftwich welcome to Albuquerque! I’m a local broker in the area and would be happy to have a chat regarding the area and what you can expect buying your first property here. I’ll send you a DM.

  • New to Real Estate · Fort Irwin, CA · Member since 2015 · 12 posts · 2 votes
    5y

    Hi @Keighton Leftwich. I invest in Albuquerque. Let's connect. It's definitely a sellers market right now and inventory doesn't last long but there are still opportunities out there. I hope you and your wife enjoy your time here.

  • Investor · Santa Fe, NM · Member since 2016 · 221 posts · 153 votes
    5y

    @Keighton Leftwich welcome to Albuquerque (soon).
    I own 75 apartment units in Abq, and I know a lot about the different areas. 
    Let's connect if you want to learn more.

  • Realtor · Albuquerque, NM · Member since 2017 · 121 posts · 68 votes
    5y

    Welcome to Albuquerque @Keighton Leftwich! Albuquerque is a great city to live in and invest in. As @Peter Linscheid mentioned, it is a seller's market and things are moving quickly. Feel free to send me a message to connect.

  • Albuquerque, NM · Member since 2020 · 6 posts · 4 votes
    5y

    Welcome.... You and I are in the exact same boat.  I will reach out to you personally, but wanted to say hello!

  • Rental Property Investor · Sacramento, CA · Member since 2021 · 13 posts · 12 votes
    5y

    I'm looking too. It's gotten pretty expensive over the last year! I may abort ABQ and look elseware!

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