Today, we announce exciting news: Corner Post Company has now become HomeVault Property Management, after serving Albuquerque for more than 25 years. This combination creates an organization even better able to serve and compete in the ever changing property management industry.
A big part of wh...
The National Association of Residential Property Managers has several Designations and Certifications that members can attain. NARPM Designations are earned with a combination of Property Management Experience, NARPM and industry education, and service to the association through volunteer activities. Residential Management Professionals have completed extensive course work and service projects for NARPM. These individuals demonstrate a strong dedication to the Property Management Industry.
Residential Management Professional Requirements
Albuquerque is the largest and most populated city in the state of New Mexico. The city sits in the high desert, situated in the north-central part of New Mexico state, straddling the Rio Grande. As of July 1st, 2016, the city population was estimated to be 559, 277.
Running a rental operation can be a pretty solid business but sometimes, setting the right rent price can be quite challenging. Obviously, you don't want to set the rent too low because there is no point in running an operation that does not generate any profits for you. At the same time, you do not want to price your property too high because then you will not be able to attract tenants. Thus, the challenge is to find the middle ground.
In New Mexico, the relationship between landlords and tenants is guided and governed by the New Mexico landlord-tenant laws. With a proper understanding of these laws, both landlords and renters should be able to settle any landlord-tenant issues easily.
This guide to New Mexico landlord-tenant laws will get you started.