All Forum Posts by: Kristen R.

That's an interesting list of locations you are looking at. What type of property are you looking for; vacation home and short term rental or a long term rental with appreciation? Why are you looking outside of Cheyenne or Laramie?

@RickDecker I noticed I forgot to answer your question:

We are open, but preferably a long term rental.... we'd consider a vacation home to rent out, too, though.

0 Votes

Originally posted by @Toni Annis:

Welcome Kristen! My husband and I are also Wyoming newbies. We're up by Casper. My brother in law is a real estate agent in Salt Lake and I'll warn you prices are very high down there right now. He says it is a total sellers market right now with horses bringing $10k-$20k OVER asking price. People are getting in bidding wars to purchase down there. My husband and I have considered looking into investing in Laramie as we will have kids going to college in the next few years and figured what better way to house them than an investment property. (We were thinking duplex or four plex so they could live in one unit and rent out the rest.) Curious as to why you aren't interested in investing in your local market?

Toni,

We are CSU grads and just don't care for Laramie. We've owned a townhouse there since 2005 and it has barely increased in value. We have decent rental income from it, however. It is a higher end rental property, we take pride in our places, and with that being said, it's hard to rent it out in a college town b/c of that.

1 Vote

having been a former prosecutor in the area, I do not care for the majority of "renters" looking to rent places in Cheyenne, and haven't had the best experiences around here. And the list of places we do have narrowed down (more specifically Utah) is an area not too far from us but doesn't have the price hikes that we're seeing in CO, however, has steady growth.

Originally posted by @Rick Decker:

Hi @Kristen R.,

0 Votes

Hi. I'm Kristen. My husband and I have 1 rental property in Laramie, WY (college town), own our primary home, and are interested in buying rentals in other markets. We'd love to learn about buying with other people's money, low or no cost real estate purchases, financing options, etc. and how to find properties. We also property manage a few local homes for our friends (for payment, of course). Areas we are interested in looking include: Park City and Salt Lake greater area, perhaps Steamboat, CO or Fort Collins, CO (however CO has super high prices right now thanks to marijuana!), or elsewhere!

3 Votes

All Forum Posts by: Kristen R.

Kristen R. has started 3 posts and replied 25 times.

Post: Kinda Newbie Living in Wyoming

Post: Kinda Newbie Living in Wyoming

Post: Kinda Newbie Living in Wyoming

Post: Kinda Newbie Living in Wyoming

Post: Kinda Newbie Living in Wyoming