Flip This House in Albuquerque NM Part 3
Wednesday, March 21
Flip This Albuquerque Home Part 3A business partner and I purchased a foreclosed home in Albuquerque and this is the third blog in a series of blogs on this flip. We purchase this Albuquerque foreclosure and closed on 11/24/2014. We had two options on this flip. The first option was a quick an...
Flip This House in Albuquerque NM Part 2
Wednesday, March 21
Flip This House in Albuquerque NM Part 2A business partner and I purchased a foreclosure home in Albuquerque NM a few months ago. I wrote a post on Bigger Pockets about the best strategy on flipping this home. We had two options on this home. One option was a quick and dirty remodel that wou...
Rio Rancho Market Stats January 2015
Wednesday, March 21
Rio Rancho Market Stats January 20152014 was a difficult year for the housing market in Rio Rancho. Most months saw lousy comparisons to 2013 as home sales and home prices declined. It would be nice to see the market rebound in 2015. However, Intel is a major employer in Rio Rancho and has bee...
Flip This House in Albuquerque NM
Wednesday, March 21
Flip This House in Albuquerque NM Just closed on a 2300 square foot 3 Bedroom foreclosure home in Albuquerque. I have partnered with another Albuquerque real estate investor on a 50 50 split. This home is located in the north valley in Albuquerque. Values are fairly high in this area, howev...
Real Estate Investing Pitfalls
Wednesday, March 21
Real Estate Investing Pitfalls The following are some of the pitfalls by unsuccessful real estate investors.Too Much LeverageLeverage is a valuable tool in real estate investing, not knowing the difference between positive leverage and negative leverage may mean making payments on an investment i...
Rio Rancho Home Sales Increase 37% May 2015
Wednesday, March 21
Rio Rancho Housing Market Homes Sales May 2015 It looks like the Rio Rancho and Albuquerque housing market are joining the trend of many of the states in the southwest. This market has lagged behind the southwest market by about 1.5 years,Rio Rancho housing market experienced an increase in the ...