The entire focus is on new people because they spend on more.4.

However, ensure you understand the local tax structure and any potential future changes.Economic Dependence: While Albuquerque has a diversified economy, it's worth noting that government and military jobs play a significant role.

@Meena MallikFrom my experience, securing financing for commercial real estate involves understanding your options, such as conventional loans, commercial loans, private lenders, or partnerships.

Understanding what a good deal looks like.

After researching the basics, I am looking forward to understanding the realistic steps in concluding a first deal.

I think there is a good mix of people there. 

@Puneet Mahi,Property management can certainly be a profitable business, but it’s more complex than many people realize.

Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.

Some people make 4x the rent but squander their income on eating out, drinking, car payments, etc.

@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.