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 starting to leveling off. Rents are MUCH higher than 3 years ago, increased by 30% in many areas in the past year.
The amount of sales to owner occupied housing has limited rental house inventory.
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 navigating this the current legal and political environment.
Contact us today for more information on how to secure these benefits 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.