Investment Returns for Rental Properties in 2023

Jan 2023

We are seeing record high investment returns on rental properties in Albuquerque, NM area.

Sales prices are up but are leveling off. Rents are MUCH higher than 2 years ago.

The amount of sales to owner occupied housing has SEVERELY limited rental house inventory.

Rents are up 20% in many areas in the past year

Interest rates are going up but are still lower than average for past 10-15 years. we have plans on how to manage interest rate cost

Demand for rental properties has never been higher

Rental properties are inflation protected (Inflation is good for rental home owners, especially if they have mortgage)

Returns of 20% annually are possible!

We are experts in dealing with Rental laws, Evictions, Rent collection, and how to navigate this legal/political environment

www.rpmriogrande.com

Real Property Management Rio Grande
505-292-4765

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