All Forum Posts by: Donovan Vicenti

@Jeff Poplin Welcome aboard! Thank You first and foremost for your service. We truly appreciate it. You found a great place with massive amounts of information about REI. I recommend reading some of the books mentioned here on this site and watching the podcast. Good Luck and we're here if you need some help or guidance!

Take Care

DVICENTI

@Zachary Lovato Welcome to BP! I'm fairly new, hopefully by the end of next week I can claim having my first Assignment of Contract sale! There is a ton of information here on BP.  Soak it up as much as possible but also remember to get out there and practice what your learning. I wish you the best and we're here if you need some guidance!

DVICENTI

Hello Sam!

Here's what the General Sign Regulations state for the city of Albuquerque (Part 3 § 14-16-3-5(C)(4)(b) - Real Estate Signs):

1. a. One temporary real estate sign located on the property it refers to shall be allowed for each street frontage of a developed premises or undeveloped lot of less than two acres. Signs shall be removed within seven days of sale or complete leasing.

b. In residential zones, the signs shall not exceed four square feet in area including name identification riders. An additional add-on sign area of one-half square foot indicating that the property has been sold or leased is permitted. In nonresidential zones, the signs shall not exceed 16 square feet in area.

2. One temporary real estate sign not exceeding 24 square feet in area and located on the property it refers to shall be allowed for each lot two acres or over. If the lot has multiple frontage, one additional sign not exceeding 24 square feet in area shall be allowed on the property, to be placed facing the additional frontage. Under no circumstances shall more than two sign units be permitted on the lot. Signs shall be removed within seven days of sale or complete leasing.

3. Temporary real estate directional signs not exceeding three square feet in area, three feet in height, and four in number, showing a directional arrow and placed on private property may be permitted on approach routes to an open house.

4. Temporary subdivision identification signs located on the vacant residential property shall be allowed for each subdivision or builder's development as follows:

1. Number of signs: Two (2) signs for the first ten lots plus one (1) additional sign for each additional, full ten lots, not to exceed six (6) signs total.
2. Sign face area: Such signs shall not exceed 32 square feet in area.
3. Height: Sign height shall not exceed four feet above the top of the subdivision wall on the lot where such sign is placed. Signs shall not be placed on the wall of a residential building or an accessory structure. If walls do not exist on the lot where such sign is placed, then the sign height shall not exceed eight feet.
4. Location: Signs shall not be located in common areas, such as Home Owners Association areas and easements, unless approved by the owner of the common area such as a Home Owners Association, nor in the public right-of-way. There shall be no violation of the clear sight triangle at any street intersection. Signs shall not be allowed where the sign is directly across the street from or adjacent to the lot line of a residential zone.
5. Timing: Signs shall not be displayed prior to the date of recording of the plat, and shall be removed upon completion of the project.
6. Permit required: Each sign is eligible for a two-year permit. After that, a yearly permit renewal is required. Fee is as per § 14-16-3-5(A)(4).
7. Illumination: Signs shall not be illuminated.

5. The height of real estate signs shall not exceed five feet when located in a residential zone. 

Hope this helps and as @Adan Gonzalez stated, you might also need to check with your HOA regulations if the property is located within a HOA zone. Good luck! -DVICENTI-

@Jetty Jett Hello! I sent you a colleague request.  We can chat about my "haves" to see if your interested.

Thanks

DVICENTI

@Lydia S. @Marc C. Thank You both for the information on local REIA's in Albuquerque. It's much appreciated.

@Sundeep Amin Thnaks for the welcome! Well the 505 is still here with not much change, not even in the Lobos! 😉 As for the market for housing and jobs, housing is good, development on the westside continues while the job market is steady. We still have KAFB and the Labs so all in all, it's good. You should plan a trip back sometime. October is right around the corner, time for those Hot Air Balloons! Well "Thanks" again for the welcome and hope chit chat with you soon.

@Tyson Hosey Yeah I looked over the rules and there are plenty of them to follow but I can message you and we can go from there.

@Lydia S. Thank You for the welcoming! I've attended one REI meetup so far. It was called ABQ REI and they meet every 3rd Wednesday of the month. I don't think I'll make this months as I'll be on travel for my day job but I'll look for others to attend. Do you have any recommendations on other REI meetup groups?

@Mark Nolan Thanks for the welcome! I'll definitely check the suggested blog. Thanks for the recommendation.

Thanks for welcoming @Tom Ott and for the invite to ask questions if needed! I really do appreciate it!

@Account Closed It is hard to get some deals going but seems like even harder to know what to do next once you do have a deal!! Keep truckin' and don't give up as I was told. You'll land your first deal soon enough.

@Dmitriy Fomichenko How come the "@" thing didn't seem to work for the user Trexie? Just wondering so I can make sure to respond back to individuallys correctly.  Thanks!

@Trexie Eusebio Thank You!

@Dmitriy Fomichenko Thank You for the information! Let's see if I did the tag thing correctly. 😀

Hello fellow BP'ers!

My name is Donovan Vicenti and I'm from The Land Of Enchantment, ABQ to be exact. I am relatively new to the REI world and like many other beginners before me I've read and seen many videos on REI. Of course what I've learned thus far is probably jus the very top of the iceberg or as we like to say here in Albuquerque, "The Tip of the Sandia's"! I haven't completed any deals as of yet, but I do have a property under contract that I'm going back and forth on as to what to do next: wholesale or F&F? My goals in REI are to acquire Buy & Hold properties as well as do some Flip and Fix. I would also like to see what the possibilites are of becoming a Hard Money lender at some point but first I think I need to learn the business before I even think of lending out funds. Well that's about it from me for now ... I do enjoy reading all the posts that are on BP and will continue to learn from all you seasoned investors! Take Care and God Bless!

DVICENTI