In Angel Fire, New Mexico there are several factors that  influeance how much rental income is generated on a property.  When you look at our real estate listngs on WWW.AngelFireNewMexico.US, condo properties that are witin a three block radius are key!  Vacation Renters do not like to have to travel and park at the ski slope if they can avoid it.  Walking distance is a very influential characteristic.  As we all know, "Location, location, location!"

Another factor to keep in mind when looking for rental property is how many beds or "heads" will it sleep.  We have found through the years that the more beds, the more rental.  So consider bunk beds as a way of maximizing the rental potential of a property.

To a lesser degree than the location and occupancy of the property, covered or uncovered parking is sometimes a consideration that will tip a vacationer to choose you over another comparable property.

Also influential is if the unit is on the third floor versus ground floor (less stairs).  A building elevator is also very helpful!

For a view of the various condominiums complexes, visit our Vacation Rental website at WWW.ResortPropertiesofAngelFire.Com to familiarize yourself with the various condominium complexes in Angel Fire!

Should I rent out my Angel Fire Condo?

Michael and I are often asked, especially by potential owners, "Should I rent my property in Angel Fire to Vacation Renters when I'm not using it?" The answer is often up to the personal preferences and how the individual feels about having other people in their home and using their personal possessions. If that is not an issue, then we most often answer, "Yes!"

We manage over 100 houses and condos in Angel Fire (http://www.resortpropertiesofangelfire.com/), and while this is not a year round Resort (yet) there is enough demand for Vacation Rentals in Angel Fire, that renting to Vacationers generate nice income. However, the income generated by our rental properties for individual owners, is not a way for the property to pay for itself! It will generally produce enough income to cover taxes, insurance, utilities, Association Dues, Resort Memberships and the like.

Angel Fire condo studios gross about $5500.00 per year, while a three bedroom Angel Fire condo would gross $14,000. In the world of Angel Fire Vacation Rentals, bigger is better. Or as we say, "the more beds for heads the better!"

In our next blogs, we will cover the factors that are advantageous in an Angel Fire Rental Properties. As always, for listings of our properties in Angel Fire, Taos, Eagle Nest, and Cimarron and the Moreno Valley visit us at http://www.angelfirenewmexico.us/.

Realty Times - Angel Fire, New Mexico Real Estate Market Conditions

Realty Times - Angel Fire, New Mexico Real Estate Market Conditions

This is a very interesting article on the New Mexico Real Estate Market.  As yoi will see, sales have ben coming along very nicely.  For individual listings, please visit our Website at http://www.angelfirenewmexico.us/.  For lodging for your next Angel Fire, New Mexico visit, go to http://www.resortpropertiesofangelfire.com/.

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Resort Properties of Angel Fire Only 1 home left for Christmas, this cozy cabin is only 1.5 mile from the Angel Fire ski basin, large open living area with oversized wood fireplace! Easy access and can accomodate 2 family's!

Resort Properties of AngelFire

www.resortpropertiesofangelfire.com

This Country Club Home sleeps 11 people with 3 bedrooms and 2 baths all on 1 level. Nestled in the pines this home has a large woodburning fireplace in Living Room. The kitchen and dining room are open to the living room accomadating large gatherings. A nice wrap-around deck allows you to enoy the forest and wildlife!

Resort Properties of Angel Fire

The weatherman is predicting our first big snow this week, they have been able to make snow on the hill on some nights with the colder temps but we need some of the real stuff! There is still some openings at the Burning Skye lodge for this upcoming season, don't miss out on this fabulous ski-in ski-out home!

Resort Properties of AngelFire

www.resortpropertiesofangelfire.com

THE BURNING SKYE IS A 4 BEDROOM/3 BATH LOCATED ABOUT 5 MILES UP THE SKI MOUNTAIN. THIS BEAUTIFUL HOME FEATURES A WOODBURNING FIRPLACE, GAME ROOM WITH POOL TABLE, W/D 3 TVS AND DVD PLAYERS, HOT TUB. 3 QUEENS, 2 BUNK SETS, QUEEN SLEEPER.$300 HOT TUB FEE.

Tax credits

"Oct 26, 2010
HOUSELOGIC: Tax Credits for Installing Biomass Stoves

Claim Your Tax Credit:
To encourage homeowners to make energy-efficiency upgrades, Uncle Sam is offering a tax credit worth up to $1,500 on eligible improvements. Biomass stoves used to provide heat or heat water and that have a thermal efficiency rating of at least 75% qualify. You can claim the credit for purchasing a stove for your primary residence during 2009 or 2010, whichever year it was installed. The credit is based on 30% of the total cost of the stove. If you don’t max out the credit on a stove, you can apply the remainder to other energy upgrades like replacing your roof or adding insulation.



Read more: http://www.houselogic.com/articles/tax-credits-installing-biomass-stoves/#ixzz13OCkXarc"

Visit us at WWW.AngelFireNewMexico.US for all of you AngelFire Real Estate Needs or WWW.ResortPropertiesOfAngelFire.Com for lodging in Angel Fire!