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Updated about 6 years ago on . Most recent reply

User Stats

42
Posts
8
Votes
Kari D.
  • Rental Property Investor
  • Shoreline, WA
8
Votes |
42
Posts

Criteria for Albuquerque NM

Kari D.
  • Rental Property Investor
  • Shoreline, WA
Posted

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?

  • Kari D.
  • Most Popular Reply

    User Stats

    1,285
    Posts
    491
    Votes
    Frankie Woods
    • Investor
    • Arlington, VA
    491
    Votes |
    1,285
    Posts
    Frankie Woods
    • Investor
    • Arlington, VA
    Replied

    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.

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