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Updated over 4 years ago,
Is New Mexico (namely Albuquerque) a good place to invest?
Does anyone have experience investing in Albuquerque? I'm concerned with the high level of crime and people not paying their rents on time. Is there a certain area you suggest over others?
I currently live in Sherman Oaks, CA, once of the most expensive areas in Los Angeles. We live here due to our job locations and my family being nearby, so moving isn't an option.
Since I can't invest here with my measly $100K, I'm looking at my hometown of Albuquerque, NM. I know it's not the best place, but I have friends and family there and visit often. I just haven't lived there in over 10 years, and am not sure what it's like to live there anymore.
Any suggestions on where to invest in Albuquerque?
Thanks in advance!
Candace