All Forum Posts by: Jens Nielsen

Hi Steve,

Welcome to BP.

There are several Meetups for Real Estate investors in Albuquerque.
I suggest you go to Meetup.com and search.

You should find some like-minded people there.

Jens Nielsen

Here’s the link

https://www.meetup.com/multifamilymasters-com-santa-fe-nm

Hi Jansen,

Welcome to BP.

I live in Santa Fe, NM, and have been investing in Albuquerque for years. 

I also run a local meetup that I recommend you attend to meet like-minded people:

Good luck and welcome to the community. 

Welcome to BP. 
I’ve been investing in Albuquerque for 8 years and own many properties there. 
let me know if you want to connect. 

Jens

@Sarah Vo I'm not sure I agree with Collin's comment. I own properties in many states, and NM is not that challenging to deal with compared to Ohio, PA, and NY.

Anyway, in Albuquerque, it is relativity easy to get Airbnb permits. However, it may change.

I live in Santa Fe, NM, and it's very difficult to get a permit here.

Your mileage may vary. 

Using a local CPA is not necessary. You need a CPA that understands real estate.

If you send me a DM I can put you in touch with my CPA.

@Stephen Branagan welcome to BP.

I've been investing in Albuquerque for the last 10 years. Mainly in apartments, but also in a few industrial properties.

I'm curious about your experience with the mid-term rental approach. I converted a few apartments to that purpose, and listed them with a company specializing in that field, however they have not found a tenant yet, and I've listed with them for 2+ months.

Would you be able to share which company you are using?

Jens

@William McCarthy

Congratulations on your desire to move to Santa Fe. I've lived here for 4 years and love it.
It's a very competitive market. Finding anything that cashflows is very hard. 

I can't address your questions in detail. However, I run a real estate Meetup in Santa Fe, and my partner is a broker; I also know several residential agents who work with investors. 

If you want to send me a connection request, I can share contact information for my connections.

Jens

@Edison Chadwick I have been investing in Albuquerque since 2016, and have seen a lot of success there. Of course, it's harder to find good deals at the moment with the high interest rates.

I also have partners investing in Tucson, which is another great market. 

Here are some links:

Investing in Albuquerque Real Estate Meetup | Meetup

Apartment Investor Breakfast | Meetup