Can we revive this forum?

Can we revive this forum?

Buy-and-Hold Rental Investor · Santa Fe, NM · Member since 2015 · 438 posts · 352 votes

Santa Fe is an interesting place to invest. Let's discuss it here or on the new BP New Mexico Real Estate Mastermind Forum on meetup.com, http://www.meetup.com/Bigger-Pockets-New-Mexico-Re...

I have been looking for houses in the <$175,000 market in Santa Fe since July and haven't made much progress. Bid on a couple HUD homes, but never went through with them for various reasons (condition and neighborhood). My interest is in providing homes for lower-income people, and it's damn near impossible.

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Full Time Investor · Albuquerque, NM · Member since 2013 · 320 posts · 154 votes
10y

@Marc C. we just sold our first flip in Santa Fe on Monday!  Exciting times and a much different market than Albuquerque.

The "Lower" priced inventory moves at lightning pace.  We sold an 875 SF house for $188 PSF.  

The contractors up there are also at least double what contractors are in Albuquerque.  I interviewed 10, and only got 3 bids back.  Crazy.

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  • Real Estate Professional · Rio Rancho, NM · Member since 2015 · 44 posts · 4 votes
    10y
    I'm in for a meet up
  • Full Time Investor · Albuquerque, NM · Member since 2013 · 320 posts · 154 votes
    10y

    @Marc C. we just sold our first flip in Santa Fe on Monday!  Exciting times and a much different market than Albuquerque.

    The "Lower" priced inventory moves at lightning pace.  We sold an 875 SF house for $188 PSF.  

    The contractors up there are also at least double what contractors are in Albuquerque.  I interviewed 10, and only got 3 bids back.  Crazy.

  • Investor · Santa fe, NM · Member since 2015 · 15 posts · 0 votes
    10y

    is anyone interested in developing a commercial area similar to cotton wood / 7bar?

  • Santa Fe, NM · Member since 2015 · 39 posts · 20 votes
    10y
    Santa Fe is a challenging place for any business. I've learned, it's all about who you know. Finding the right contacts is difficult. I know a few great contractors & painters if anyone is interested for future needs. I graduated in 2012 with my ASA in Interior Design, I am not licensed but I've worked with a few designers in SF, and selectively on my own staging homes or commercial spaces. Also with photography and advertising thru social media. If I can be of any assistance to anyone, please contact me. Georgia 505-278-0503
  • Rental Property Investor · Long Beach, CA · Member since 2020 · 31 posts · 5 votes
    4y

    @Georgia Baker hello. Can you send me all vendors that you in know in the ABQ and Santa Fe areas? Would love to build a team while searching for investments there. Thanks.

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