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Updated almost 6 years ago on . Most recent reply

Kwambe Smith's profile image
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Kwambe Smith
  • Specialist
  • from Georgia
  • Member since Apr 19, 2019
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Kwambe Smith's profile image
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Kwambe Smith
  • Specialist
  • from Georgia
  • Member since Apr 19, 2019
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Kwambe Smith
  • Specialist
  • Georgia
6
Votes |
57
Posts
Buying & Selling Real Estate

New Mexico Land Investing

Kwambe Smith
  • Specialist
  • Georgia
Posted

Hi BP Members,

I've been given the opportunity to purchase some vacant lots in New Mexico. The lots are in undeveloped subdivisions located in Luna County and Sandoval County. I've seen pictures of the lots and they are between a .25 to .75 of an acre and they are currently zoned for SFR.

Does anyone know how the real estate market is in those areas? I'm looking to possibly buy some lots as a buy and hold investment.

Thanks

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David Torres
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  • from Albuquerque, New Mexico
  • Member since Feb 14, 2013
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David Torres's profile image
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David Torres
  • Full Time Investor
  • from Albuquerque, New Mexico
  • Member since Feb 14, 2013
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David Torres
  • Full Time Investor
  • Albuquerque, NM
154
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320
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David Torres
  • Full Time Investor
  • Albuquerque, NM
Replied

@kwambe smit

@Kwambe Smithundefined they could be great lots or they could be total duds and worthless desert.  You need some local knowledge.

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