New to Real Estate in Los Lunas / Albuquerque, NM

[Rick Davis]

I am wanted to get started in real estate with my primary interest being in multi-family housing. My only experience in real estate is buying and selling my own houses. I have purchased and sold six, and I was the general contractor on the house that I currently live in. 

I worked in the high tech construction industry for 25 years and traveled all over the world managing projects. The travel was fun but the pressure was immense and the work soul sucking. I am hoping that I can transfer some of my knowledge to real estate investing and create a career that is rewarding on multiple levels. 

I have a wife and two young daughters that I really enjoy spending time with so that is a lot of my motivation to stop working on short term projects thousands of miles away from home.

If there is anyone in the Albuquerque area that would like to chat I would be very interested in learning what others are doing and how they see the local market.

Thanks!

[James Dunn]

@Rick Davis Welcome! I own one investment property in Albuquerque and one house. I think ABQ is a great market for long term rentals! The UNM/nob hill area appear to be especially strong.

My only recommendation is to stay out of the war zone. Some of those deals look very profitable, but because if the tenants that side of town attracts they are not the greatest of deals.