OfflineTalked to a Realtor and good friend of mine in Albuquerque. She basically told me I was crazy to consider real estate investing. Could someone send me some encouragement? Is there anyone having success in real estate in Albuquerque? If so please let me know that it's possible here in this town!
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Have you driven around and seen any For Sale signs? Any For Rent signs, For sale by owner signs? Realtors market to qualified retail buyers only, that leaves a ton of people you as an investor can target. Do you have a buyers list? Are there any REIC in your area? Real estate investing is a crazy business so her telling you that you are crazy should be taken as a compliment. Find other investors in your area. Attend a foreclosure auction. Start your buyers list. Finds a RE agent who works with investors and get busy.
Longhorn
I appreciate the encouragement. Yes, lot's of for Sale and for rent signs. I will get busy on my buyers list and find other investors. Thank you again!