Can we revive this forum?

[Marc C.]

Santa Fe is an interesting place to invest. Let's discuss it here or on the new BP New Mexico Real Estate Mastermind Forum on meetup.com, http://www.meetup.com/Bigger-Pockets-New-Mexico-Re.... 

I have been looking for houses in the <$175,000 market in Santa Fe since July and haven't made much progress. Bid on a couple HUD homes, but never went through with them for various reasons (condition and neighborhood). My interest is in providing homes for lower-income people, and it's damn near impossible.

[David Torres]

@Marc C. we just sold our first flip in Santa Fe on Monday!  Exciting times and a much different market than Albuquerque.

The "Lower" priced inventory moves at lightning pace.  We sold an 875 SF house for $188 PSF.  

The contractors up there are also at least double what contractors are in Albuquerque.  I interviewed 10, and only got 3 bids back.  Crazy.