All Forum Posts by: David Torres

In Albuquerque, the owner generally pays water/sewer/trash on older multis.  It generally runs $50 per door, but can be much higher (remember we are in the desert).  I didn't see anything for management either.  

Depending on what part of town this is in, it could be a decent deal or a terrible deal.  Rougher areas have higher expenses while better areas have lower expenses (generally).

This months topic is Redemption Rights.

For both judicial and nonjudicial foreclosures, New Mexico law gives a borrower nine months to redeem the home after a foreclosure sale. However, the terms of the mortgage or deed of trust can reduce the redemption period to not less than one month. (Most mortgages and deeds of trust contain a provision stating that the redemption period will be one month.) N.M. Stat. Ann. §§ 39-5-18, 39-5-19, 48-10-16.

Cover Charge is $10 per person, however your first meeting is FREE!

Where: North Domingo Baca Multigenerational Center

When: Wednesday, October 18, 2017

Dress: The dress is always casual

Do you like ABQREIA Meet UP's ? Don't miss out on this new opportunity to get annual membership for just 100 $.

To sign up contact Dave via e-mail at [email protected] or just come to our Meet up in person.

We now also take Credit Cards!

You can RSVP here:

https://www.meetup.com/ABQREIA/events/246420487/

______________________________________________________________

Our agenda will include:

6:00 Doors and networking

6:30 - 6:45 Haves and Wants

6:45-7:30 Dave’s Presentation

8:00 Doors close

_________________________________________________________________

David Torres has purchased dozens of redemption rights and actively attends the foreclosure auctions. In addition he owns over 20 rental units, flips 12+ houses a year, and wholesales. He left his full time job as a contractor for the US government 2 years ago. He is married to Becky and they have 3 children together. In his free time, he enjoys triathlon, hunting, and skiing.

Hey there more Meet ups coming your way also a free HUD tutorial bellow Round table discussions with limitless question possibilities

FREE Dinner will be provided by the ABQREIA team from Rudy's BBQ

This month we have some new and exciting changes. We will be having a short round table discussions with professionals from different areas such as ( Landlords, Flippers, Realtors, etc )

Why bother coming ?

If you have anything that has been puzzling you maybe not 100% clear on something or just want to be informed, now is your chance. Your questions are welcomed. Actually you can bring any questions that you have to the table !

Not to forget that the delicious dinner from Rudy's BBQ will be served at 6 pm.

Cover Charge is $10 per person, however your first meeting is FREE!

Where: North Domingo Baca Multi generational Center

Dress: The dress is always casual

Do you like ABQREIA Meet UP's ? Don't miss out on this new opportunity to get annual membership for just 100 $.

To sign up contact Dave via e-mail at [email protected] or just come to our Meet up in person.
We now also take Credit Cards!

______________________________________________________________

Our agenda will include:

6:00 Doors and networking & dinner

6:30- 7:30 Short round table discussions

8:00 Doors close

_________________________________________________________________

You can RSVP for our meeting here:

https://www.meetup.com/ABQREIA/events/237763931/

Come and see what's all this about and if you like out meet up. Good news we're going to have meet up on every 3rd Wednesday of the month through out 2018.

Want to learn how to be the FIRST person to hear about new HUD homes and price reductions check out our email tutorial on HUD homes

Check out our free HUD Tutorial Here

I like affinity gm and I am in your market!

This month's speaker is Sean Remington a top realtor.

Someone once said, “When work, commitment and pleasure all become one and you reach that deep well where passion lives; nothing is impossible.” For Sean Remington, this statement could not be more true.

Cover Charge is $10 per person, however your first meeting is FREE!

Where: North Domingo Baca Multigenerational Center

When: Wednesday, October 18, 2017

Dress: The dress is always casual

Do you like ABQREIA Meet UP's ? Don't miss out on this new opportunity to get annual membership for just 100 $.

To sign up contact Dave via e-mail at [email protected] or just come to our Meet up in person.
We now also take Credit Cards!

______________________________________________________________

Our agenda will include:

6:00 Doors and networking

6:30 - 6:45 Haves and Wants

6:45-7:30 Sean’s Presentation

8:00 Doors close

______________________________________________________________

Some of the topics we will be covering include:

You can RSVP for our meeting here:

https://www.meetup.com/ABQREIA/events/237763880/

Sean started out working in the hospitality and resort industry. The “spirit to serve” attitude is in his blood. In 2003, the birth of their daughter Taylor changed his life in ways he never imagined. Travel demands of his career placed a crossroad of family or career squarely in his path. Praying for a solution, he and his wife, Christine chose to transition into real estate where they could be under one roof as a family each night. With a first year's production of $11.3M in residential home sales, Sean received the Rookie of the Year Award in 2005 from the Greater Albuquerque Board of Realtors (then Albuquerque Metropolitan Board of Realtors). …

Pressing forward, Sean continued following his deep-rooted values to find solutions to many professional decisions. Sean describes himself as “tremendously blessed” and considers the commission he receives a bi-product of what he really does.

Recent production numbers show Remington Properties, Sean and his wife Christine's small husband-wife estate team, in the top 1% of brokers serving the Albuquerque Metropolitan Region. In addition to representing America's highest volume single seller of real estate, Housing & Urban Development (HUD), Sean and Christine also work a very powerful base of loyal repeat clients and the ongoing referrals they entrust the Remington's with. Since Sean & Christine are one of the highest selling brokers of luxury property in the Greater Albuquerque region, they are members of "New Mexico Select;" a powerful networking group of the city's top brokers that specialize in affluent home sales. Standing with them is a solid team of experts including staging professionals, expert photographers, a cutting-edge marketing department and detail-oriented contractors.

Since Sean's largest client, HUD, offers such an impressive number of investment opportunities throughout New Mexico, Sean will be speaking at ACRE to educate our group about everything HUD: history / what is a HUD Home, who can buy HUD Homes, how HUD Homes work for investors / opportunities, and all questions that the group has.

Should you ever have questions about "anything HUD," before or after this event, please add Sean to your contact list on your phone so that he can personally be your HUD resource at:

- 505-977-8020

This month we are honored to have Michael Glass speak. Since 2012 Almost every Real Estate Licensee in the ABQ metro has taken a class with Michael at some point. He teaches the prelicensing classes for Kaplan.

As a qualifying broker, Michael also has lots of experience with both residential and commercial properties. He is also an expert on the laws governing licensing and a great resource. His full bio is below.

Cover Charge is $10 per person, however your first meeting is FREE!

Where: North Domingo Baca Multigenerational Center

When: Wednesday, October 18, 2017

Dress: The dress is always casual

Do you like ABQREIA Meet UP's ? Don't miss out on this new opportunity to get annual membership for just 100 $.

To sign up contact Dave via e-mail at [email protected] or just come to our Meet up in person.
We now also take Credit Cards!

You can RSVP here:

https://www.meetup.com/ABQREIA/events/237763897/

___________________________________________

Our agenda will include:

6:00 Doors and networking

6:30 - 6:45 Haves and Wants

6:45-7:30 Michael’s Presentation

8:00 Doors close

____________________________________________

Some of the topics we will be covering include:

As a Qualifying Broker and License Instructor, Michael Glass has a profound interest in assisting other Licensees in their quest become more competent in their craft. He believes in gaining knowledge on a daily basis, and then passing that knowledge on to other Licensees. Michael has a passion to see others succeed in the real estate business throughout New Mexico.

Through his educational Sponsorship, Glass Realty Service, LLC, Michael has strived to be approved to teach many classes that are at the core of the real estate profession. Because he has his own sponsorship, Michael can teach anywhere in the Land of Enchantment. Yes, he will travel.
Michael began as an Instructor in 2012 for Maestas & Ward and Kaplan Professional Schools, where he still teaches pre-license class to this day. He has taught at many of the state’s Realtor Boards, IREM and several other schools.
As an active Qualifying Broker, Michael stays current by assisting his Associate Brokers and his own clients. He finds tremendous enjoyment when both his associates and clients achieve their goals. He strives to be professional in all he does for everyone. While education has become a focal point, Michael realizes that without experiences, you can never be at the top of your game in teaching.
In Real Estate, Michael’s professional pledge is to abide by a strict code of ethics by giving added assurance that each client is served with their needs coming first, along with respect and privacy. He has the knowledge, expertise and resources to ensure the goals of each client are met. As a Realtor and native New Mexican in the greater Albuquerque area, Michael has a well-rounded knowledge of the environment, the ability to anticipate potential challenges, and the integrity to help clients make the right decision when it comes to real estate needs. In this industry since 2000, he has seen the market evolve and change. For Michael, it is not the dollar amount or the size of the property that grabs his attention, it is the “Golden Rule” that he lives by: “To treat everyone as he would want to be treated,” is not just a slogan, it is a way of life. Combine that with his willingness to put others’ needs before his own, provides the assurance that he will go above and beyond to get the deal closed.

So whether you are seeking Continuing Education or Real Estate, Michael would like to thank you in advance for your business, and looks forward to serving you.

This month's speaker will be Seth Jonas an Inside Plan Specialist.

A Combat Veteran from Operation Enduring Freedom, Seth is not scared to fight and will stick beside his clients through the thick of it all. He believes that transparency is the key to building lasting relationships. Seth started working in the family business at a young age; building, remodeling and selling homes. The driving force in his life has been the pursuit of knowledge, in order to create a higher quality life for himself and those around him. Seth leads an exciting life as a Commercial Rated Helicopter Pilot and avid traveler seeking the best places to snorkel, hike, and snowboard. He frequently volunteers in various youth and church programs. He believes that you get out of life the things you put into it and that eventually all things come full circle.

Cover Charge is $10 per person, however your first meeting is FREE!

Where: North Domingo Baca Multigenerational Center

7521 Carmel Ave NE Albuquerque, New Mexico 87113

When: Wednesday, August 16, 2017

Dress: The dress is always casual

Do you like ABQREIA Meet UP's ? Don't miss out on this new opportunity to get annual membership for just 100 $.

To sign up contact Dave via e-mail at [email protected] or just come to our Meet up in person.
We now also take Credit Cards!

___________________________________________

Our agenda will include:

6:00 Doors and networking

6:30 - 6:45 Haves and Wants

6:45-7:30 Seth’s Presentation

8:00 Doors close

____________________________________________

We’ll talk about:

Acres meet up is on Thursday. Abqreia meets on the third Wednesday of the month

Thanks for the shoutout @Ben Curry!  You can find more info on meeting times and dates for both meetup groups at

www.meetup.com/acrenm

www.meetup.com/abqreia

Let me know if you have any questions, I have made a lot of great connections on BP.  Truly a group of go givers.

@Ryan Wakabayashi this is a City and county specific question.  I would call your local building department to find out.  As @Easton G. said, investor vs owner occupant makes a big difference.