All Forum Posts by: Sheri Fluellen

It nice that they're specifically thinking about addressing this.  However the strategy isn't really a plan.... yet.  It's just thoughts about what they hope to be able to accomplish generally speaking. For example, "Seek to partner with financial institutions to capitalize new/expanding developers" just means they have a general intent to try to do this.  Whether it materializes or not, to the workable use of investors, is another matter.  I also think there is some language that makes me pause, as it could provide barriers and unintended consequences to investors. 

@Nicholas L., yes. For better or worse we are self managing everything except 1 STR in FL. We do have a part time operations manager so she does most of the annoying stuff.. lol! But even that has gotten to the point of feeling draining at times. I'm not confident in any of the PM companies in our smallish size town so I'd rather find better investments elsewhere for the time being. We intend to hang on to our small multifamilies and commercial properties still for a while longer.

 I've heard that bonus depreciation is on the chopping block with the current president.  Anyone aware of this?

I am an investor that buys from wholesalers and I've wholetailed a few deals.  Keep me up to date on any deals you get, particularly if they are in the South East Corner of the state.  OR if there are any multifamily.

I’ve been real estate investing for over 15years, acquiring a large nest egg of net worth. The problem is we aren’t getting much cash flow from the portfolio for a variety of reasons and our rentals, flips, and short term rentals are time and energy intensive. I’m considering selling 8 of our least desirable and profitable properties, which would result in profit of $1.4M. Would like to 1031 that into some truly passive investing that can get us at least a 10% return so we can travel abroad with our kids for a year. I am aware of and learning more about LP positions in large multifamily syndications. (Would love to do GP but still working on that). Any other options I’m missing that could meet my needs?

@Brenainn Kilchoer, welcome to WY! I’m down in Cheyenne. I’m curious… what made you decide on Casper? I’m working with a pilot right now to find a house and he favored Cheyenne because of its relatively close proximity to DIA and yet it has the charm and good lifestyle of WY. 

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Cheyenne.

Purchase price: $113,300
Cash invested: $7,000
Sale price: $175,000

4 plex that was a multi-stage remodel.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $195,000
Cash invested: $36,500

large single family home we lived in for 2 years and then rented out.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $135,000
Cash invested: $5,000
Sale price: $447,000

4 plex we purchased off market, assuming the existing owner financing for $5,000 down.

Investment Info:

Office Space other investment.

Purchase price: $109,000
Cash invested: $10,000

Purchased this single family home and converted it to a commercial office space through the city zoning