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Updated almost 3 years ago on . Most recent reply

User Stats

17
Posts
12
Votes
Larrian Davis
  • Rental Property Investor
  • CO
12
Votes |
17
Posts

New Mexico investors

Larrian Davis
  • Rental Property Investor
  • CO
Posted

Hello Everyone,  Im running my numbers on properties and falling into the negative in cash flow. I believe it is due to rent being so low and mortgage high. I m looking in northeast heights area in New Mexico. For an estimate in your area how much are the rent prices? I wonder if maybe my calculation is wrong rentometer estimate average is the wrong number I should be using.  

Also, is there a quicker way to run numbers before doing the 4 square method ?

Thanks so much in advance!

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