Investment Returns for Rental Properties in 2024
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 3 years ago.
The amount of sales to owner occupied housing has limited rental house inventory.
Rents are up 30% 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! even with higher interest rates
We are experts in dealing with Rental laws, Evictions, Rent collection, and how to navigate this legal/political environment
Contact us today for more information on how to lock this in and how to select the property investment.
Real Property Management Rio Grande
505-292-4765
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
