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Updated about 6 years ago on . Most recent reply
Criteria for Albuquerque NM
This question is for both flippers and buy and hold investors:
-What are your top 5 neighborhoods you prefer to buy in and why do you prefer those neighborhoods?
-What are the top 5 neighborhoods you avoid buying in and why?
Most Popular Reply
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I've only recently begun investing in ABQ, but I like NE heights, Taylor Rach, and Golf Course for my buy and holds. I haven't done any flips here, but they'd be good areas for that as well. I know a lot of the big dogs are flipping in the 87121 zip.
The rents tend to be bit soft [not quite meeting the 1% rule], but I like the potential appreciation due to the schools / area. I avoid the warzone as I can generally get better returns [on paper] in St Louis. We'll see how my strategy plays out in 10 - 20 years. I have a full time job, so I don't need the cash flow.