Starting off in Albuquerque, NM

[Mark Carroll]

Afternoon all!

I'm a newbie investor looking to start in Albuquerque, NM. I'm looking to connect with other investors in the area, pick up any little bits of advice and generally spit ball some ideas! Id also love to get some suggestions on Property Management companies (I don't live in Abq so I need someone to manage day to day issues).

Thanks,
Mark C

[Jens Nielsen]

@Mark Carroll welcome to BP.
I live in Santa Fe, but own 75 units in Albuquerque. I know a fair bit about the city. 
In general, the area around the fairgrounds, the International District has a lot of multifamily, but it's a also a very challenging area for investors. That being said, I own 11 units in that area and they do OK.

Closed to Nob Hill and UNM is usually a better bet, but you will find much higher prices. 
Spend some time researching the areas and use Google maps to do a drive by to see what the properties look like, and the general condition of the neighborhood.