by Pam Nguyen | Feb 16, 2022 | Uncategorized
Owning a rental property is one of the best sources of passive income. However, landlords can only enjoy this benefit if they conduct regular maintenance. Some components of the rental property that require continuous maintenance or replacement over time include the...
by Pam Nguyen | Jan 26, 2022 | Uncategorized
As per New Mexico security deposit laws, a landlord in New Mexico has the right to ask for a deposit from their tenant. The deposit acts as financial protection against negligent or careless tenant actions that could lead to financial hardship for the landlord. A good...
by Pam Nguyen | Dec 20, 2021 | Uncategorized
Over 30% of households in New Mexico live in rental properties according to Census ACS data. The rental market is strong and profitable. The state is somewhat landlord-friendly as there are no rent control laws and evictions may take less time than in other states....
by BlueDoorNM | Sep 10, 2021 | rental
When you own an Albuquerque rental property that’s in an HOA, there are a unique set of skills and resources that you need from your property manager. At Blue Door Realty, we have extensive experience working with properties within an HOA. Before You Buy: Make Sure...
by BlueDoorNM | Sep 3, 2021 | rental
Wondering how long it will take your Albuquerque rental property to be leased? We have some good news. The local rental market is very strong, even as most of the country struggles to recover economically from the ongoing pandemic. In our experience, well-maintained...
by BlueDoorNM | Aug 27, 2021 | rental
Inspecting your rental property is critical and often underappreciated. With routine inspections, you can avoid deferred and unreported maintenance issues. You can ensure that your property’s condition is protected, and you can also make sure that your tenants are...
by BlueDoorNM | Aug 20, 2021 | rental
Lease violations require your immediate attention. While you might want to evict a tenant right away for moving in an unauthorized pet or not paying rent, a consistent and intentional process for rectifying the situation might be better for you in the long term. Good...
by BlueDoorNM | Aug 13, 2021 | rental
When you’re looking for a tenant to occupy your Albuquerque rental property, you want to find a responsible resident who can be counted on to pay rent on time, take care of your property or rental unit, and follow the terms of the lease agreement. Hopefully, you have...
by BlueDoorNM | Aug 6, 2021 | rental
In simpler times, it probably seemed easy enough to manage your own Albuquerque rental property. Today, the laws, regulations, and expectations of tenants have become more complex. Managing a rental home is not as simple as collecting rent and fixing appliances. It...
by BlueDoorNM | Mar 26, 2021 | rental
Do-it-yourself projects are fun, but they should be kept to a minimum when you’re renting out an Albuquerque investment property. Doing your own maintenance can be a huge hassle. It’s often more expensive and a lot more time consuming. Tenants may also grow frustrated...
