Albuquerque has become one of the best Southwestern urban markets for real estate investors. An influx of big business—including large healthcare providers—has brought more jobs to the growing ABQ Metro area. Population, employment, and property values are all on the rise. Positive market forces have created strong incentive for investors, and that’s a good thing for the real estate market as a whole. There’s a bounty of benefits associated with healthy real estate investment activity in local markets.
To be successful, real estate investors need to ensure they’re getting good advice and guidance. That means turning to a real estate agent who knows how to navigate the market specifically from an investment standpoint. Through experience, the team at Myers & Myers Real Estate has gained the knowledge and tools to help Albuquerque real estate investors increase their returns.
Our qualifications and certifications
John Myers is proud to be one of the first Albuquerque real estate agents to achieve the prestigious Certified Investor Agent Specialist (CIAS) designation. This is a certification aimed specifically at helping Albuquerque real estate investors succeed in finding viable investment properties. CIAS designated real estate agents can help Albuquerque real estate investors navigate:
- Cash Flow
- Capitalization Rate
- Investment Strategies
- Self-directed IRAs
- 1031 Exchanges
- Leverage Options
- Key Calculations
CIAS provides extensive training to help real estate agents find the right real estate, create value and close deals with Albuquerque real estate investors. John has personal experience assisting Albuquerque real estate investors find and buy the right homes throughout the ABQ Metro area. He’s committed to helping them create wealth—whether they’re buying their first investment property or are an experienced Albuquerque real estate investor.
The Albuquerque real estate investors market
Over the last decade, Albuquerque home prices have risen thanks to the thriving market and rise in popularity of this city. That said, there are still under-priced and under-valued homes for investors to capitalize on throughout the area. Often, these homes need some repairs, but are great for Albuquerque real estate investors because they’re priced below current market value.
Here’s a look at where we help Albuquerque real estate investors look for under-valued homes and where their best prospects for investor in the ABQ Metro area are.
Albuquerque real estate investors often find value in Rio Rancho homes in the Cabezon subdivision. Cabezon is a nice neighborhood with newer homes and many parks, walking trails, and an excellent school district. These homes were built from 2004 through 2008 and most of the major home builders have built homes in this subdivision.
Cabezon is centrally located in Rio Rancho and close to everything, including Intel and the Cottonwood Mall. Presbyterian Hospital is just a few miles from the Cabezon subdivision, as well. Several other commercial developments are also planned and up-and-coming in this area. Albuquerque real estate investors recognize this growth may increase rents and home values.
Albuquerque real estate investors find Ventana Ranch a great subdivision to buy investment properties in due to the number of foreclosures and short sales in this subdivision. Ventana Ranch is located in northwest Albuquerque and is only a few miles from the Presbyterian Hospital in Rio Rancho.
Volcano Vista is a new high school in Ventana Ranch, and is very desirable for families. This area is a newer part of Albuquerque and will experience significant growth as the local area builds up around it. Many of the homes in Ventana Ranch were built after 2004 and all the major home builders have a presence there.
Albuquerque real estate investors will find great value in the Enchanted Hills subdivision, located at the north end of Rio Rancho. Many renters and homeowners in this area work in Santa Fe. Rio Rancho’s new downtown is located a few miles from Enchanted Hills Subdivision. Hewlett Packard, Santa Ana Auditorium, Rio Rancho Administrative Offices, University of New Mexico, and Sprint are a few of the existing employers located nearby. Cleveland High School is an excellent new school located within a few miles of the Enchanted Hills Subdivision.
There are plenty of reasons renters find the Enchanted Hills subdivision a must-visit destination. And, even more people will be looking to buy here in the coming years. It’s a great area for long-term investors and fix-and-flips strategists alike.
Another destination for investors in the Rio Rancho area, Albuquerque real estate investors will instantly see the value of investing in the Northern Meadows subdivision, in northwest Rio Rancho. Northern Meadows has many of the same qualities as Enchanted Hills. It’s also located within a few miles of the Rio Rancho downtown area.
New opportunities arise every day for Albuquerque real estate investors
The rental market for single family homes in the right locations is very strong. Albuquerque real estate investors should have no trouble finding many properties that yield a positive cash flow. Plus, there’s the potential for long term appreciation. That is, of course, if they partner with the right real estate agent to find and tap into these opportunities!
At Myers & Myers Real Estate, we know investing in real estate isn’t a get rich quick scheme. It takes patience, logic and strategy. Over time and with the right level of effort, investing in real estate can create significant wealth. Contact us today and let us help make finding the right investment property simple—or, check out a full listing of Albuquerque foreclosures and Rio Rancho foreclosures.
Check out homes for sale in Albuquerque, homes for sale in Rio Rancho, homes for sale in Corrales, homes for sale in East Mountains, homes for sale in Valencia County, and homes for sale in Los Lunas to see how we position your home to sell at the best possible price.