As we’re beginning to get a grasp on the scale of the challenges ahead we wanted to highlight a few areas of note and concern that is already influencing the local and national real estate market.

Slip and falls are a leading liability concern a property owner should be aware of and snow removal is not something to cheap out on. 

My experience with friends/some clients is get their numbers via whatever method you can and reach out via the phone.

Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law. 

Local Investment StrategiesHouse Hacking: Given the affordable entry prices, Albuquerque can be a great place to start house hacking, especially near the university areas.BRRRR: For those familiar with the Buy, Rehab, Rent, Refinance, Repeat method, there are opportunities in Albuquerque to purchase under-valued properties, especially in areas undergoing gentrification.Airbnb/Short Term Rentals: As previously mentioned, the city's rich cultural appeal can make certain properties lucrative for short-term rentals.

And many of my clients are taking on the BRRRR method. 

Continuous flooring concerns generally apply more to wood flooring, where matching is harder and more expensive.

I’ve had more success filling vacant units by word of mouth/ networking with other agents in my market recently than I have through the typical advertising methods.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it (we have a 2.9% interest rate on our mortgage).My biggest concern is an ongoing plumbing issue we have had.