Introduction - Wholesaling
Albuquerque, NM · Member since 2026 · 7 posts · 2 votes
Hi everyone! I’m currently working as an inspector and recently started getting into real estate, specifically wholesaling. I’m still learning the fundamentals and trying to understand the Albuquerque and New Mexico market better. My main goal right now is to learn, build genuine relationships, and connect with people who have experience in the industry. I’m not just focused on the money—if we find an opportunity to work together, I’m open to figuring out a fair arrangement that works for everyone. Looking forward to connecting with others. Any advice or comment would be really appreciated! Thank you for your time!
Raul — if you already inspect houses, start there. Walk ten tired properties in Albuquerque, note the ones that look neglected, then look up the owner at the county. That teaches the market faster than any course.
One title company conversation and one cash-buyer conversation will tell you what actually closes locally. Skip buying skip-trace lists until you can describe a buy box in one sentence: price, condition, and what you will walk from.
Raul — if you already inspect houses, start there. Walk ten tired properties in Albuquerque, note the ones that look neglected, then look up the owner at the county. That teaches the market faster than any course.
One title company conversation and one cash-buyer conversation will tell you what actually closes locally. Skip buying skip-trace lists until you can describe a buy box in one sentence: price, condition, and what you will walk from.
Raul — if you already inspect houses, start there. Walk ten tired properties in Albuquerque, note the ones that look neglected, then look up the owner at the county. That teaches the market faster than any course.
One title company conversation and one cash-buyer conversation will tell you what actually closes locally. Skip buying skip-trace lists until you can describe a buy box in one sentence: price, condition, and what you will walk from.
Hi there, this is pretty straight forward. Thank you very much, I really appreciated.
Hi everyone! I’m currently working as an inspector and recently started getting into real estate, specifically wholesaling. I’m still learning the fundamentals and trying to understand the Albuquerque and New Mexico market better. My main goal right now is to learn, build genuine relationships, and connect with people who have experience in the industry. I’m not just focused on the money—if we find an opportunity to work together, I’m open to figuring out a fair arrangement that works for everyone. Looking forward to connecting with others. Any advice or comment would be really appreciated! Thank you for your time!
Hey Raul,
Welcome to BP and Real Estate in general. I am a Business Development Manager for a property management company based in the SF Bay Area. What markets are you focused on? Would love to connect and bounce ideas off each other. Talk soon!
Hi everyone! I’m currently working as an inspector and recently started getting into real estate, specifically wholesaling. I’m still learning the fundamentals and trying to understand the Albuquerque and New Mexico market better. My main goal right now is to learn, build genuine relationships, and connect with people who have experience in the industry. I’m not just focused on the money—if we find an opportunity to work together, I’m open to figuring out a fair arrangement that works for everyone. Looking forward to connecting with others. Any advice or comment would be really appreciated! Thank you for your time!
Hey Raul,
Welcome to BP and Real Estate in general. I am a Business Development Manager for a property management company based in the SF Bay Area. What markets are you focused on? Would love to connect and bounce ideas off each other. Talk soon!
Hello, thank you for reaching out. I'm focusing in New Mexico market at the moment, I'm happy to connect! I appreciate your time.
Glad it helped, Raul. Since you're staying in New Mexico, one concrete next step: pick two Albuquerque zip codes and learn them cold rather than the whole state. Pull the last 90 days of sold comps in each (an agent will send you that list for free), and write down the actual cash-buyer purchase prices, not list prices - that's your ARV baseline. Then call the three or four buyers whose names keep showing up on those deeds and just ask what they buy, what they won't touch, and how fast they close. That one hour of calls tells you more than any course. Your inspector background is a real edge: you can walk a property and give a repair range on the spot, which is exactly what a buyer wants before they commit. Happy to look over your first numbers if you post them here.
Glad it helped, Raul. Since you're staying in New Mexico, one concrete next step: pick two Albuquerque zip codes and learn them cold rather than the whole state. Pull the last 90 days of sold comps in each (an agent will send you that list for free), and write down the actual cash-buyer purchase prices, not list prices - that's your ARV baseline. Then call the three or four buyers whose names keep showing up on those deeds and just ask what they buy, what they won't touch, and how fast they close. That one hour of calls tells you more than any course. Your inspector background is a real edge: you can walk a property and give a repair range on the spot, which is exactly what a buyer wants before they commit. Happy to look over your first numbers if you post them here.
Hey Raul,
Welcome to the industry! Your inspection background could be a great advantage in wholesaling since you already have experience looking at properties and identifying potential issues.
Since you're learning the Albuquerque market, I'd spend as much time as possible talking with local investors, agents, contractors, and other people actively doing deals. One of the biggest things to learn is what actually makes a deal attractive to the investor who will ultimately buy it, not just what looks like a good opportunity on paper.
I also like your focus on building genuine relationships. Real estate is a long game, and having a reputation for being straightforward and fair can take you a long way.
All the best! Feel free to reach out. I'm always happy to help in any way I can.
Hey Raul,
Welcome to the industry! Your inspection background could be a great advantage in wholesaling since you already have experience looking at properties and identifying potential issues.
Since you're learning the Albuquerque market, I'd spend as much time as possible talking with local investors, agents, contractors, and other people actively doing deals. One of the biggest things to learn is what actually makes a deal attractive to the investor who will ultimately buy it, not just what looks like a good opportunity on paper.
I also like your focus on building genuine relationships. Real estate is a long game, and having a reputation for being straightforward and fair can take you a long way.
All the best! Feel free to reach out. I'm always happy to help in any way I can.
Hi there, thank you very much for your advice. Starting is always challenging since there are too many things going on and to be learned, but consistence is a key. I'm not desperate since I do have a job so that might be an advantage to avoid making desperate decisions and understand everything is a process. My main challenge at the moment it connecting with local people while keep getting informed and analyze properties in Zillow/Redfin to keep training the eye. As I mentioned is a process and I really appreciate your advice it is very helpful and I will take advantage of it!
Hi Raul, I'm a fellow newbie too! I think your experience as an inspector would come in very handy for any investors looking to get a more accurate ARV.
Keep grinding!
Hey Raul! I'm up here in Aztec, NM and often run numbers on ABQ properties. What kind of properties are you looking to wholesale?
@Hayden Gray Hi there, very nice to meet you. I'm focusing in single family properties. I've been getting familiar with analyzing properties, numbers and determining whether there might be a potential lead. Still on beginner mode, but I've learned a lot!