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Top Tips When Buying Investment Property in Albuquerque
Are you thinking of investing in Albuquerque, NM real estate? The thing that makes rental investment properties attractive is the positive impact they can have on your future and financial freedom. When you own a rental home, you also control your financial...
Breaking a Lease in Rio Rancho, New Mexico – Know the Laws
There are certain instances under New Mexico landlord-tenant law where tenants will need to break their lease early. A lease agreement, however, is a legally binding document running for a set period. Therefore, breaking it often comes with certain financial and legal...
A Guide to the Eviction Process in Rio Rancho NM
As a landlord in New Mexico, you don’t ever want to evict a tenant. The process of an eviction lawsuit can be stressful, and time-consuming. Also, having to re-lease your rental unit is usually difficult and costly. That said, sometimes evicting a tenant is necessary,...
What Landlords Need to Know about Replacing Glass in Rental Properties
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...
New Mexico Security Deposit Laws
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...
New Mexico Rental Laws – An Overview of Landlord Tenant Rights in Albuquerque
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....
Owning an Albuquerque Rental Property That’s in an HOA
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.
How Long Will It Take to Rent Out My Property?
If you’re 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.
The Importance of Property Inspections in a Rental Property
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 following the terms and requirements of their lease agreement.
