Rental Basics in New Mexico : Questions & Answers

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Murphy Team, Real Estate Pro in 04101
Murphy Team answered:
Is it necessary to renew a rental agreement annually for it to be viable?
Once a lease is up the tenancy usually becomes month-to-month. If both parties agree to renew a lease then a new lease is signed.
0 votes Share Flag Fri Oct 3, 2014 Rental Basics in 87120
Jason Valent…, Real Estate Pro in Gallup, NM
Jason Valentine answered:
Is there any rental property for NON Native Americans who want to work in the area?
Coldwell Banker High Desert Realty has a small property management division that may be able to help you out. Give us a call at 505-863-4363.
0 votes Share Flag Tue Sep 2, 2014 Rental Basics in Jamestown
seanvazquez2…, Real Estate Pro in Las Cruces, NM
seanvazquez2013 answered:
I'm moving in about 9 months back to New Mexico. I'm wondering if there are any places that don't restrict breeds?
Hello Jean,

In what month are you planning to move? I am not currently restricting any breeds on my property and my home will be available on August 1, 2014. Feel free to take a look ... more
0 votes Share Flag Sun Jul 6, 2014 Rental Basics in Las Cruces
David Wedding, Real Estate Pro in Albuquerque, NM
David Wedding answered:
How far in advance should I look for an apartment in Albuquerque?
It's NEVER too early to start looking. Viewing listings online is almost as good as being there. Have a REALTORĀ® send you some listings and suggest areas to you. I do that regularly wi ... more
0 votes Share Flag Tue Mar 11, 2014 Rental Basics in Albuquerque
Patrick Will…, Real Estate Pro in Rio Rancho, NM
Patrick Willard answered:
Rio Rancho, NM Rental Market
In the late 1990's I worked with AMREP selling their new homes to rental investors, mostly out of state buyers using AMREP's lot trade program. They never had any trouble renting as lon ... more
0 votes Share Flag Mon Jun 17, 2013 Rental Basics in Rio Rancho
Claudia Powe…, Real Estate Pro in Alamogordo, NM
Claudia Powell answered:
do you all have handycap homes ?
Hi Jessi, it is best to contact the property manangers of the various real estate companies in Alamogordo, as the inventory for rentals changes every month.
0 votes Share Flag Wed Oct 3, 2012 Rental Basics in Alamogordo
Leigh-Jo Anz…, Real Estate Pro in Albuquerque, NM
Leigh-Jo Anzures answered:
Hello, I'm looking for a rental house $300-$500 with some curb appeal, ability to have consulting business; yard, pets. Thank you.
Hi Cynthia,

You can try web sites such as:

http://albuquerque.craigslist.org/apa
http://www.ammre.com
http://www.tysonproperties.com
http://www.rentals.com/New-Mexico/Albuquer ... more
0 votes Share Flag Wed Jun 13, 2012 Rental Basics in Albuquerque
Scott Asbill, Real Estate Pro in Albuquerque, NM
Scott Asbill answered:
Gave tenant a 5 day notice yesterday for monies owed and now they're claiming sickness and mold behind the bathroom vanity.
Only a suggestion. Since your not close enough to door knock or collect in person perhaps higher a property manager? This way you would have someone local on your side. I bet the tenant ... more
0 votes Share Flag Mon Jan 2, 2012 Rental Basics in Albuquerque
Realestate, Other/Just Looking in New Mexico
Realestate answered:
i was told that if they are asking me for the house where we are staying that i don't have to pay rent is this true?
I'm sure you have been answered by now but the bottom line is, you have to pay rent. Because you don't have a rental agreement you are on a month to month and they can give y ... more
0 votes Share Flag Tue Oct 11, 2011 Rental Basics in 87105
Kurt Grosse, Real Estate Pro in Las Vegas, NV
Kurt Grosse asked:
Gave tenant a 5 day notice yesterday for monies owed and now they're claiming sickness and mold behind the bathroom vanity. They're going to the doctor tomorrow but want to stay. I want them gone. They want their security deposit as last months rent claiming they can't afford to move or they need a…
0 votes Share Flag Fri Sep 23, 2011 Rental Basics in Albuquerque
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery answered:
Are there special liabilities when renting out a home with a hot tub?
That is a question that is best left to your insurance agent. They can tell you if the policy you own will cover renting the property and also will spell out any liability issues - incl ... more
0 votes Share Flag Mon Jun 13, 2011 Rental Basics in Albuquerque
Steve Rizika, Real Estate Pro in Santa Fe, NM
Steve Rizika answered:
Refunding a deposit
The security deposit is generally for damages only related to the physical condition of the property. In NM, you most likely will have to refund him his security deposit and seek a jud ... more
0 votes Share Flag Fri Dec 25, 2009 Rental Basics in Espanola
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