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Updated about 2 years ago on . Most recent reply
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Newby from New Mexico!
Hello everyone! I am trying to find my next gig after the plant I worked at recently shut down. I live in Farmington, NM and am in the process of finding the niche I want to dive into. We have an undiscovered outdoor industry and a major hospital with traveling nurses. I am wanting to start with 3 to 4 properties, 1 or 2 properties as short to mid term rentals, a long term rental, and a project to add into the mix.
I plan on utilizing a ROBS 401K with a C Corp to purchase the real estate and hire myself as the property coordinator. I am in the process of picking an attorney to set up the business to legally make this happen.
I am loving soaking in the forums, podcasts, and everything on this site!
Curtis
Most Popular Reply
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Hi Curtis! I'm glad to hear that you're looking into investing in the Farmington area. It's a great cashflow market. I own rentals in Farmington and in Durango. Both are great markets for different reasons. I come across a lot of off market deals that I don't always keep. Sometimes I will wholesale them to locals. These are all multi family properties. I would love to connect with you!