Las Cruces, New Mexico

[Joseph Catalino]

Hello BP and Happy Groundhog Day!  I am looking to meet some folks in the Las Cruces area.  I live in California but have some contacts in Las Cruces and I think it's a great place to buy some real estate.  I would love to talk to any and all of you about RE in Las Cruces. 

[Ben Z]

Joseph,

I've been investing in cash-flowing properties in LC for the past 20 years.  Cruces is an outstanding and yet-to-be fully discovered market for investors.  Looking at the macro-indicators for the state and especially when compared with the surrounding areas - namely CO, AZ, UT... - NM is poised for significant appreciation in the long run.  I have never purchased a property in LC that does not cash flow.  Expenses are relatively low, occupancy rates are as near to 100% as you can realistically get.  

Check out this article from the Albuquerque journal which highlights Las Cruces as rated one of the best cities in the US for flipping.

https://www.bizjournals.com/albuquerque/news/2019/08/05/nm-city-ranked-one-of-the-best-places-to-flip.html

I've always got my eye on the next deal of which there are more than I can handle on my own.  To the right person, I'd be glad to start passing off deals for which I don't have the bandwidth to handle.  

I have Realtors and Property Managers I can recommend if you decide to pursue further.  Send me a PM if you need anything.

Ben