Where are you investing in Albuquerque

Question

Fellow investors!

Which areas / zip codes are you focusing on in Albuquerque.  I have seen success in NE heights near Alameda / I-25, Taylor Ranch / Golf Course in North Valley, and Nob Hill.  However, it seems like the competition to find BP quality properties is stiff!

Jens Nielsen · Answer

We just closed on a 38 unit in ZIP 87122. West of Juan Tabo, between Candelaria and Menaul. Good solid workforce property.

David Torres · Answer

@Joel Scheer sent you a DM, but I would highly recommend Kim Kissane at Premiere Choice for your refi.  I have used her successfully on several BRRRRs.  She really knows her stuff and helped me as a self employed person qualify for several.

David Torres · Answer

87124 and 87144

Matt Gar · Answer

@David Torres  Thanks for this recommendation.  I've been looking for someone to refinance a fourplex I purchased last year.

Joel Scheer · Answer

I purchased two SF homes in Rio Rancho. Both were bank owned. The first is currently listed. We did a complete rehab. The address is 10012 Chantilly Rd NW.

The second one is currently rented. It only needed minor repairs.

Can you recommend a mortgage broker or bank. I would like to refinance the 2nd home.

The next purchase goal would be a multifamily or possibly a storage unit. May even consider property suited for a storage unit. I would need some help with that project.

Lena M. · Answer

@David Torres  Are these two zip codes (87124 and 87144)  still consider good area?  How about 87112?  I am thinking to do out of state investing in Albuquerque.  Thanks.

Joel Scheer · Answer

Thank you for the referral. I will give her a call and mention that you referred me.

Frankie Woods · Answer

I am.  I'm a little hesitant to invest in the SW and near Kirtland as I haven't been focusing my research there.  I've missed the REIAs mostly due to work :/.  My plan is to be better about attending in the upcoming months.

David Torres · Answer

@Frankie

@Frankie Woods I am keeping a lot of them for myself, but I might have some coming up.  Are you getting my emails about wholesale deals and the REIA?

Where are you investing in Albuquerque

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