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Updated almost 5 years ago on . Most recent reply

Bud Dwyer's profile image
Bud Dwyer's profile image
Bud Dwyer
  • from Phoenix, AZ
  • Member since Dec 29, 2009
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Bud Dwyer's profile image
Bud Dwyer's profile image
Bud Dwyer
  • from Phoenix, AZ
  • Member since Dec 29, 2009
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Bud Dwyer
  • Phoenix, AZ
17
Votes |
61
Posts
Albuquerque

Water/Sewer and other costs for Multifamily in ABQ?

Bud Dwyer
  • Phoenix, AZ
Posted

Anyone local want to share what their 2b/1ba run on water bills?  Also, are there any hidden costs or taxes one should be aware of when investing in Albuquerque?

The reason I ask is in Phoenix the city imposes a %2 per month rental tax that is not really advertised to investors.  You also have to register your property with the city as a rental, or you get a nice letter demanding a $2500 fine.  All things I'm looking to avoid when buying in a new market.

Thank You for any help

Albuquerque, New Mexico
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David Torres's profile image
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David Torres
  • Full Time Investor
  • from Albuquerque, New Mexico
  • Member since Feb 14, 2013
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David Torres's profile image
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David Torres
  • Full Time Investor
  • from Albuquerque, New Mexico
  • Member since Feb 14, 2013
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David Torres
  • Full Time Investor
  • Albuquerque, NM
154
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320
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David Torres
  • Full Time Investor
  • Albuquerque, NM
Replied

50-75 bucks per unit in abq.  I have 2 bed 1 bath and 1 bed 1 bath, coin laundry on site

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