Providing a safe and habitable home is your first responsibility as a rental property owner. You should conduct routine inspections to ensure there aren’t potential safety issues at the property.
There is no single perfect investment property that’s going to make sense for every investor looking to buy. When you’re looking at potential acquisitions, you don’t have to choose something that’s perfect – you have to choose something that’s perfect for you.
That usually comes down to finding a company with the experience you need and the value you seek. We recommend you research reputation and experience.
Renting out a property in Albuquerque can be profitable, especially when you’ve got a well-maintained home and a highly qualified tenant. This type of real estate investing also comes with risks, however. One of the major risks is vacancy. If your property is unoccupied for longer than a few days or week, you start to lose real money. You also run the risk of vandalism and deferred maintenance.