James List

James Nellis is Your Low Income housing Resource for NM

Low Income housing


NM

*An affiliate of the "Nellis National Real Estate Lists" - a network of top real estate agents dedicated to providing home buyers & sellers the best resources and services to make your dreams come true!

Best Real Estate Experience.
Best Real Estate Professionals.

Buying or selling a home is the largest, and one of the most personal and important transactions of your life. You deserve the absolute best real estate experience which means you need the best real estate professionals.

WATCH VIDEO

FEATURED Low Income housing

IN NM

Effective Low Income real estate investors are much more than only realtors, they are savvy business executives. They operate a lot like portfolio managers and company managers who focus on increasing profits while creating great value for clients. This article discusses Low Income housing investment as a business and investment method. We start with a definition of Low Income housing and look at a few groups that represent the best target market. Next, we discuss cost which is the defining characteristic of the target market. Then we turn to profitability and marketability, issues that make a good investment great. Finally we look at financing, action steps, and wider business and social implications of Low Income housing investment.
Low Income real estate for sale
Affordability is important to investors because it establishes two important things: profitability and marketability. Sponsored housing programs like Section 8 helps reduced income families afford rent by paying a section of the market price for rental units. Determine the average income for your area. There are several sources of information to decide average income. The U.S. Census Bureau compiles typical incomes for states, counties, and cities. Real estate websites also offer this information for people interested in buying homes in specific regions Information is also presented through state and local governments, economic development agencies and housing authorities.
For Low Income property rent calculate 30% of average income. This is your expected gross income per Low Income rental unit.
For Low Income property for sale calculate 35% of median income for principle, interest, property tax, homeowner insurance, and organization fees. Then calculate your estimated sale price by deducting the amount for tax, insurance and fees dependent on going rates for the area. Use the difference, principle and interest, to determine the purchase price based on going interest rates for your region. A banking or mortgage expert can help you quickly define these amounts.
Financing an Low Income property
Research the assorted financing alternatives available to investors. Work with a local banker and a business mortgage broker or consultant to identify lender programs and find personal investors. Join local homebuilder, remodelling, and real estate investor organizations. Become a member of the chamber of commerce and affiliate with fiscal development agencies. Use these relationships to identify public and private financing and working partnerships. Successful investors know when and how to push in the market. Don't keep forgetting to perform on-going buy-sell-hold analysis on rental units. If labour, subject matter, and financing costs are high, now may not be the time to buy more Low Income properties. If there are more Low Income condo renters in your market, now may probably not be a profitable time to market units for sale even if interest rates are low. If market rent and median value income in your area is high, now may be the most financially rewarding time to retain property for the monthly rental financial gain it can generate. Treat your real estate portfolio just like your retirement plan portfolio with a little bit more paint and in addition fixtures.
$525,000
2 Baths
3 Beds
1600 Area
1car Garages
$1,200,000
4 Baths
5 Beds
3400 Area
3car Garages
$750,000
4 Baths
4 Beds
3000 Area
3car Garages
$450,000
4 Baths
4 Beds
2200 Area
2car Garages
$695,000
3 Baths
4 Beds
2000 Area
2car Garages
$575,000
3 Baths
3 Beds
1900 Area
2car Garages

Cities we serve:


img Abiquiu, NM img Alamogordo, NM img Albuquerque, NM img Alcalde, NM img Algodones, NM img Alto, NM img Amalia, NM img Amistad, NM img Angel Fire, NM img Animas, NM img Anthony, NM img Anton Chico, NM img Aragon, NM img Arenas Valley, NM img Arrey, NM img Arroyo Hondo, NM img Arroyo Seco, NM img Artesia, NM img Aztec, NM img Bard, NM img Bayard, NM img Belen, NM img Bent, NM img Berino, NM img Bernalillo, NM img Blanco, NM img Bloomfield, NM img Bluewater, NM img Bosque, NM img Bosque Farms, NM img Brimhall, NM img Broadview, NM img Buckhorn, NM img Buena Vista, NM img Caballo, NM img Canjilon, NM img Cannon Afb, NM img Canones, NM img Capitan, NM img Caprock, NM img Capulin, NM img Carlsbad, NM img Carrizozo, NM img Carson, NM img Casa Blanca, NM img Causey, NM img Cebolla, NM img Cedar Crest, NM img Cedarvale, NM img Cerrillos, NM img Cerro, NM img Chacon, NM img Chama, NM img Chamberino, NM img Chamisal, NM img Chaparral, NM img Chimayo, NM img Church Rock, NM img Cimarron, NM img Claunch, NM img Clayton, NM img Cleveland, NM img Cliff, NM img Clines Corners, NM img Cloudcroft, NM img Clovis, NM img Cochiti Lake, NM img Cochiti Pueblo, NM img Columbus, NM img Conchas Dam, NM img Continental Divide, NM img Cordova, NM img Corona, NM img Corrales, NM img Costilla, NM img Counselor, NM img Coyote, NM img Crossroads, NM img Crownpoint, NM img Cuba, NM img Cubero, NM img Cuervo, NM img Datil, NM img Deming, NM img Derry, NM img Des Moines, NM img Dexter, NM img Dixon, NM img Dona Ana, NM img Dora, NM img Dulce, NM img Eagle Nest, NM img Edgewood, NM img El Prado, NM img El Rito, NM img Elephant Butte, NM img Elida, NM img Embudo, NM img Encino, NM img Espanola, NM img Estancia, NM img Eunice, NM img Fairacres, NM img Farmington, NM img Faywood, NM img Fence Lake, NM img Flora Vista, NM img Floyd, NM img Folsom, NM img Fort Bayard, NM img Fort Stanton, NM img Fort Sumner, NM img Fort Wingate, NM img Fruitland, NM img Gallina, NM img Gallup, NM img Gamerco, NM img Garfield, NM img Garita, NM img Gila, NM img Gladstone, NM img Glencoe, NM img Glenwood, NM img Glorieta, NM img Grady, NM img Grants, NM img Grenville, NM img Guadalupita, NM img Hachita, NM img Hagerman, NM img Hanover, NM img Hatch, NM img Hernandez, NM img High Rolls Mountain Park, NM img Hillsboro, NM img Hobbs, NM img Holloman Air Force Base, NM img Holman, NM img Hondo, NM img Hope, NM img House, NM img Hurley, NM img Ilfeld, NM img Isleta, NM img Jal, NM img Jamestown, NM img Jarales, NM img Jemez Pueblo, NM img Jemez Springs, NM img Kenna, NM img Kirtland, NM img Kirtland Afb, NM img La Jara, NM img La Joya, NM img La Loma, NM img La Luz, NM img La Madera, NM img La Mesa, NM img La Plata, NM img Laguna, NM img Lake Arthur, NM img Lakewood, NM img Lamy, NM img Las Cruces, NM img Las Vegas, NM img Lemitar, NM img Lincoln, NM img Lindrith, NM img Lingo, NM img Llano, NM img Loco Hills, NM img Logan, NM img Lordsburg, NM img Los Alamos, NM img Los Lunas, NM img Los Ojos, NM img Loving, NM img Lovington, NM img Luna, NM img Magdalena, NM img Malaga, NM img Maljamar, NM img Maxwell, NM img Mayhill, NM img Mcalister, NM img Mcdonald, NM img Mcintosh, NM img Medanales, NM img Melrose, NM img Mentmore, NM img Mescalero, NM img Mesilla, NM img Mesilla Park, NM img Mesquite, NM img Mexican Springs, NM img Miami, NM img Milan, NM img Mills, NM img Milnesand, NM img Mimbres, NM img Montezuma, NM img Monticello, NM img Monument, NM img Mora, NM img Moriarty, NM img Mosquero, NM img Mountainair, NM img Mule Creek, NM img Nageezi, NM img Nara Visa, NM img Navajo, NM img Navajo Dam, NM img New Laguna, NM img Newcomb, NM img Newkirk, NM img Nogal, NM img Ocate, NM img Ohkay Owingeh, NM img Ojo Caliente, NM img Ojo Feliz, NM img Organ, NM img Orogrande, NM img Paguate, NM img Pecos, NM img Pena Blanca, NM img Penasco, NM img Pep, NM img Peralta, NM img Petaca, NM img Picacho, NM img Pie Town, NM img Pinehill, NM img Pinon, NM img Pinos Altos, NM img Placitas, NM img Playas, NM img Polvadera, NM img Ponderosa, NM img Portales, NM img Prewitt, NM img Pueblo Of Acoma, NM img Quay, NM img Quemado, NM img Questa, NM img Radium Springs, NM img Rainsville, NM img Ramah, NM img Ranchos De Taos, NM img Raton, NM img Red River, NM img Redrock, NM img Regina, NM img Rehoboth, NM img Reserve, NM img Ribera, NM img Rincon, NM img Rio Rancho, NM img Rociada, NM img Rodeo, NM img Rogers, NM img Roswell, NM img Rowe, NM img Roy, NM img Ruidoso, NM img Ruidoso Downs, NM img Sacramento, NM img Saint Vrain, NM img Salem, NM img San Acacia, NM img San Antonio, NM img San Cristobal, NM img San Fidel, NM img San Jon, NM img San Jose, NM img San Miguel, NM img San Patricio, NM img San Rafael, NM img San Ysidro, NM img Sandia Park, NM img Sanostee, NM img Santa Clara, NM img Santa Cruz, NM img Santa Fe, NM img Santa Rosa, NM img Santa Teresa, NM img Santo Domingo Pueblo, NM img Sapello, NM img Sedan, NM img Serafina, NM img Sheep Springs, NM img Shiprock, NM img Silver City, NM img Smith Lake, NM img Socorro, NM img Solano, NM img Springer, NM img Stanley, NM img Sunland Park, NM img Sunspot, NM img Taiban, NM img Taos, NM img Taos Ski Valley, NM img Tatum, NM img Tererro, NM img Tesuque, NM img Texico, NM img Thoreau, NM img Tierra Amarilla, NM img Tijeras, NM img Timberon, NM img Tinnie, NM img Tohatchi, NM img Tome, NM img Torreon, NM img Trampas, NM img Trementina, NM img Tres Piedras, NM img Truchas, NM img Truth Or Consequences, NM img Tucumcari, NM img Tularosa, NM img Tyrone, NM img Ute Park, NM img Vadito, NM img Vado, NM img Valdez, NM img Vallecitos, NM img Valmora, NM img Vanderwagen, NM img Vaughn, NM img Veguita, NM img Velarde, NM img Villanueva, NM img Wagon Mound, NM img Waterflow, NM img Watrous, NM img Weed, NM img White Sands Missile Range, NM img Whites City, NM img Willard, NM img Williamsburg, NM img Winston, NM img Yatahey, NM img Yeso, NM img Youngsville, NM img Zuni, NM

CONTACT YOUR LOCAL EXPERT

James Nellis
887 Client Reviews

Call: 703-436-9842

Zip Codes for NM

87001, 87002, 87004, 87005, 87006, 87007, 87008, 87009, 87010, 87011, 87012, 87013, 87014, 87015, 87016, 87017, 87018, 87020, 87021, 87022, 87023, 87024, 87025, 87026, 87027, 87028, 87029, 87031, 87032, 87034, 87035, 87036, 87037, 87038, 87040, 87041, 87042, 87043, 87044, 87045, 87046, 87047, 87048, 87049, 87051, 87052, 87053, 87056, 87059, 87060, 87061, 87062, 87063, 87064, 87068, 87070, 87072, 87083, 87101, 87102, 87103, 87104, 87105, 87106, 87107, 87108, 87109, 87110, 87111, 87112, 87113, 87114, 87115, 87116, 87117, 87119, 87120, 87121, 87122, 87123, 87124, 87125, 87131, 87144, 87151, 87153, 87154, 87158, 87174, 87176, 87181, 87184, 87185, 87187, 87190, 87191, 87192, 87193, 87194, 87195, 87196, 87197, 87198, 87199, 87301, 87302, 87305, 87310, 87311, 87312, 87313, 87315, 87316, 87317, 87319, 87320, 87321, 87322, 87323, 87325, 87326, 87327, 87328, 87347, 87357, 87364, 87365, 87375, 87401, 87402, 87410, 87412, 87413, 87415, 87416, 87417, 87418, 87419, 87420, 87421, 87455, 87461, 87499, 87501, 87502, 87503, 87504, 87505, 87506, 87507, 87508, 87509, 87510, 87511, 87512, 87513, 87514, 87515, 87516, 87517, 87518, 87519, 87520, 87521, 87522, 87523, 87524, 87525, 87527, 87528, 87529, 87530, 87531, 87532, 87533, 87535, 87537, 87538, 87539, 87540, 87543, 87544, 87545, 87548, 87549, 87551, 87552, 87553, 87554, 87556, 87557, 87558, 87560, 87562, 87564, 87565, 87566, 87567, 87569, 87571, 87573, 87574, 87575, 87576, 87577, 87578, 87579, 87580, 87581, 87582, 87583, 87592, 87594, 87701, 87710, 87711, 87712, 87713, 87714, 87715, 87718, 87722, 87723, 87724, 87728, 87729, 87730, 87731, 87732, 87733, 87734, 87735, 87736, 87740, 87742, 87743, 87745, 87746, 87747, 87749, 87750, 87752, 87753, 87801, 87820, 87821, 87823, 87824, 87825, 87827, 87828, 87829, 87830, 87831, 87832, 87901, 87930, 87931, 87933, 87935, 87936, 87937, 87939, 87940, 87941, 87942, 87943, 88001, 88002, 88003, 88004, 88005, 88006, 88007, 88008, 88009, 88011, 88012, 88013, 88020, 88021, 88022, 88023, 88024, 88025, 88026, 88027, 88028, 88029, 88030, 88031, 88032, 88033, 88034, 88036, 88038, 88039, 88040, 88041, 88042, 88043, 88044, 88045, 88046, 88047, 88048, 88049, 88051, 88052, 88053, 88054, 88055, 88056, 88058, 88061, 88062, 88063, 88065, 88072, 88081, 88101, 88102, 88103, 88112, 88113, 88114, 88115, 88116, 88118, 88119, 88120, 88121, 88122, 88123, 88124, 88125, 88126, 88130, 88132, 88133, 88134, 88135, 88136, 88201, 88202, 88203, 88210, 88211, 88213, 88220, 88221, 88230, 88231, 88232, 88240, 88241, 88242, 88244, 88250, 88252, 88253, 88254, 88255, 88256, 88260, 88262, 88263, 88264, 88265, 88267, 88268, 88301, 88310, 88311, 88312, 88314, 88316, 88317, 88318, 88321, 88323, 88324, 88325, 88330, 88336, 88337, 88338, 88339, 88340, 88341, 88342, 88343, 88344, 88345, 88346, 88347, 88348, 88349, 88350, 88351, 88352, 88353, 88354, 88355, 88401, 88410, 88411, 88414, 88415, 88416, 88417, 88418, 88419, 88421, 88422, 88424, 88426, 88427, 88430, 88431, 88433, 88434, 88435, 88436, 88439
Copyright 2015. www.lowincomehousing.company. All Rights Reserved.