Albuquerque Property Management Blog

5 Essential Steps for Tenant Placement Success in Albuquerque, NM

Are you considering becoming a landlord in Albuquerque, New Mexico? If so, you're on the right track to financial success: landlords here make an average of $78,516 yearly, per ZipRecruiter.com.However, your income would still largely depend on your tenants (i.e., if they can...

Top 3 Rental Leasing Strategies for Success in Albuquerque, NM

According to data collected from Zillow, the median rental price in New Mexico is $1,700 a month. Is your rental priced accordingly?Although it's not a one-size-fits-all, your rental should somewhat match the competition's. This works to keep your price competitive.Aside ...

5 Key Steps to Hassle-Free Lease Renewals in Albuquerque

According to Steadily, the rental vacancy rate in Albuquerque, New Mexico is 7.26%. A long-term vacancy could cost you thousands in earnings every month. Learning how to retain the great renters you already have can improve your occupancy rate.As you generate more lease renewals,...

5 Major Responsibilities of Property Managers in Albuquerque

The global market for property managers is worth over $15.10 billion. They charge landlords fees of 8-12% the property's monthly rent.What do they spend that money on? What do they spend their 47 average hours per work week doing?Read on for five major responsibilities o...

How Accidental Landlords Can Successfully Navigate Property Management

About 70% of rental properties in the US are owned by individual investors. Are you now one of them? Congratulations!Unfortunately, many accidental landlords struggle to get their footing in today's competitive market. Without the right landlord advice, you could fail to maxi...

5 Strategies to Enhance Maintenance Coordination Efficiency

Efficient maintenance coordination is a crucial part of successful property management. When maintenance tasks are well-organized, property managers can save time, lower costs, and keep tenants happy. A well-maintained property attracts and retains tenants, protecting the value o...

Understanding Property Maintenance Responsibilities for Tenants

Imagine inspecting your property to find that it's in a dire state. Flies hover around the bin, and the carpet looks like it hasn't seen a vacuum cleaner in a year.While this may seem frustrating, you can minimize the risk of this happening. Setting expectations with your...

Real Estate Investor Tips: After Your First Rental Property in Albuquerque

Known for its diverse cultural heritage, picturesque landscapes, and growing economy, Albuquerque offers a promising environment for rental property investments. However, to truly succeed and maximize your returns, it's crucial to know what steps to take next.But don't wo...

Things to Consider When Choosing an Leasing Only Service

Do you have a fantastic rental property in Albuquerque, New Mexico? It's a great city that has a projected population growth of over half a million new residents by 2030.As a result, you'll have to stand out from other landlords to find the best tenants for your rental pr...

5 Signs You Need Landlord Rescue Services

The average landlord owns three properties. Juggling maintenance, rent collection, and other tasks can lead to burnout if you're stretched thin. If you're struggling, you may need landlord rescue services.After all, only 45% of landlords manage their own properties. Most ...