180 closings
Verified transactions over the prior five years, 112 of them buyer side.
Multifamily, land and investment property in Albuquerque sits alongside Melissa Salazar's residential practice rather than outside it.
Her published five-year record spans houses, townhouses, condominiums, multifamily, manufactured homes and land, from $14,000 on the buyer side up to $2.4 million on the listing side.
She also works inside a brokerage whose owner has renovated over 120 New Mexico houses with his own capital.
The most expensive thing an investor can get wrong remotely is condition.
Melissa has spent a decade photographing property, which is a decade of looking closely at buildings for a living. The walkthrough video you get is shot to show you the problems, not to sell you.
She works alongside David Stafford at 360 Ventures, who buys, renovates and resells eight to twelve houses a year with his own money.
That means the renovation estimate behind an underwrite comes from work actually being paid for in this market, this quarter, rather than from a spreadsheet.
Zoning, access, utilities, water. In that order.
Most land that looks cheap is cheap for one of those four reasons, and the reason is rarely in the listing.
Verified transactions over the prior five years, 112 of them buyer side.
Total verified sales volume across those transactions, averaging $423,100.
Licensed in New Mexico since 2018, and a professional real estate photographer since 2016.
Yes, alongside her residential practice. Her published transaction record includes multifamily, townhouse, condominium, manufactured homes and land in addition to single-family houses.
It has the characteristics investors look for: entry prices below the national median and a broad employment base anchored by Sandia National Laboratories, Kirtland Air Force Base, the University of New Mexico and the hospital systems. As always the specific deal matters more than the metro.
Yes. Video walkthroughs, in-person attendance at inspection, and an honest condition read. That last one is the reason to use someone who photographs property professionally.
Land appears on her transaction record, with buyer-side purchases from $14,000. Zoning, access, utilities and water are the four questions, in that order.
Tell Melissa what you are trying to do and when. If the answer is that you should wait, she will say so.