All Forum Posts by: Jens Nielsen

I would just work with a mortgage broker to get a regular loan. Do you qualify for a loan given your income?

I tried to post the information about meetup, but my post was deleted. 
You can look on meetup dot com and search for groups, or you can DM me and I can point you in the right direction. 

Welcome to BP @Jack Weldon and @Kendric Buford

I have been investing in Abq for 7 years and have seen a lot of growth in rents, of course, prices have also gone up.
But I still think it's a great market, and there's a lot of demand. I'm all about using the bank's money to leverage my deals. As along as the numbers make sense and you don't buy in D areas, you should be ok. 

As part of your education, I recommend attending events to meet people and network. There are several Meetup groups in Albuquerque that I would check out. 

 My properties are C. That's the property class T&C management specializes in. 
They also focus on multifamily 

Great to meet you @John Christian Love
Welcome to BP!
I live in Santa Fe, and I host a real estate meetup once a month. 
The next one is this Thursday (4/27/23) at 6 pm. 
It would be a great place for you to meet other investors. 
I'll connect with you directly and share the details.

I love Better Call Saul. I'm watching the final season on Netflix at the moment ;-)

@Jose Bustamante

For Albuquerque, cCan you tell me what areas of town and property quality (A, B or C)?

In the more challenging areas of town, I'm getting $700-800 for a 1 bedroom + utilities and $900-1000 for a 2 bedroom + utilities. That comes out to about $1.3-$1.4/sqft

In a better area of town, I'm getting $800-950 for a 1 bedroom. ~$1.4/sqft

I have used T&C Management since I started investing in Albuquerque 7 years ago.
I've been satisfied with the company.

What kind of properties do you need management for?

@Jeff Stevenson welcome to BP.
I have invested in Albuquerque for 7 years, and have seen a lot of changes. It's not the hidden gem it used to be, but you can still find good deals.
Send me a PM and I'll send you my calendar link and we can jump on a call.

Jens

@Marcus Cordova

Welcome to BP.

There are several great meetups in Albuquerque where you can network and learn more about the business. 
Here's a great one:


Investing in Albuquerque Real Estate Meetup (Albuquerque, NM) | Meetup

Jens

Hi @Allen Tracy

Happy New Year

I'm an investor in Albuquerque. We own about 65 units there.

I'm happy to connect if you have any questions or need help.

Jens