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Training series coaches real estate developers

ALBUQUERQUE, N.M. — The city of Albuquerque and other sponsors are teaming up for a training series about small-scale real estate development starting Tuesday, Oct. 24.

One of the workshop teachers is Dallas developer Monte Anderson, an proponent of the Better Block movement.

“I want folks to have a better understanding about how real estate opportunities work,” Anderson said in a recent interview. “I like seeing the middle class building wealth through neighborhood-based development, and avoid the rookie mistakes I made when I started out,” he added.

Through this ongoing training series, the city hopes to jump-start a pipeline of small development projects in Albuquerque. The Oct. 24 program is an all-day workshop at CNM Workforce Training Center. The registration fee is $239. For more information, log onto incremental developmentabq.com.

Part of avoiding those rookie mistakes is ongoing education, said local apartment broker Todd Clarke. He said he recommends that his clients join the Albuquerque chapter of the Independent Rental Apartments Owners Association of New Mexico. The group is made up of small-property owners who discuss everything from keeping bed bug infestations at bay, to finding good tradespeople and the ins and outs of landlord-tenant laws.

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