ABQ Investor Win

[Leslie Villareal]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $313,500
Cash invested: $313,000

We renovated and placed tenants in 6016 Burgos Ave NW, a 4 bed, 2 bath single-family home in Albuquerque. Now a strong buy-and-hold rental, it’s producing steady income for the investor. At The VillaRealty Group, Leslie Villareal (Qualifying Broker & Owner) helps buyers, sellers, and investors create long-term success by finding the right properties, managing renovations, and securing quality tenants.

What made you interested in investing in this type of deal?

We wanted a property with strong rental demand, multiple bedrooms to appeal to families and professionals, and a layout that would support long-term tenancy. Single-family homes in this area of Albuquerque typically provide steady returns and appreciation potential, making it a great buy-and-hold play.

How did you find this deal and how did you negotiate it?

We sourced it through local market connections and careful property searches. By leveraging current market data and pointing out needed updates, we negotiated favorable terms that made the numbers work as a rental investment.

How did you finance this deal?

Financed conventionally with an investor-friendly loan product, using capital reserves for renovations. This allowed us to keep long-term financing in place while improving the property value.

How did you add value to the deal?

Knowing we planned on keeping this as a long term rental, we completed targeted renovations—modernizing finishes, improving major systems, and making the home more attractive to renters. The upgrades not only increased rental appeal but also reduced ongoing maintenance needs.

What was the outcome?

The property was leased quickly after renovations to qualified tenants, creating positive monthly cash flow from day one. It’s now a stabilized asset in the investor’s portfolio, positioned for both steady rental income and long-term appreciation.

Lessons learned? Challenges?

Renovation timelines can be unpredictable, and it’s important to budget extra time and funds for unexpected repairs. Tenant placement is smoother when you prepare the property to a high standard upfront—quality renovations attract quality renters.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes — this project was led by me: Leslie Villareal, Qualifying Broker and Owner of The VillaRealty Group, who specializes in helping buyers, sellers, and investors in Albuquerque. Leslie guided the negotiation, purchase process, renovation oversight, and rental strategy, making sure the investment succeeded from start to finish.