All Forum Posts by: Mariah Jeffery
Mariah Jeffery has started 42 posts and replied 189 times.
Post: Cheyenne, WY investing
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Hi Sophie,
I live in Cheyenne, have rentals in Cheyenne, and I also happen to be a real estate agent. I would be happy to talk. Feel free to send me a DM or text/email. I also recently published a YouTube video about why Cheyenne is a good place to invest.
Post: Any Random People Writing Negative Reviews?
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Was the review on your BP profile or on Google, feeding to BP? I had a couple of random people I've never spoked with before (if they are in fact people - names look like gibberish or bots) leave me 3 star Google reviews without text. I have heard that the only way to get these removed to is ask everyone you know to report them, and maybe after enough reporting, Google will remove them.
Post: August 2025 Rental Market Deep‑Dive - Price changes, Days on Market, etc.
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Hmm, Cheyenne being down 3.5% doesn't seem right to me as a landlord. We still have very high demand for rentals due to construction of 20 data centers in town.
Post: Wyoming couple, single family home investing for retirement
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Quote from @Jerry W.:
@Valarie Anderson, there used to be an investment REI group in Cheyenne that met monthly. I would attend the meeting about twice a year when I was there on business.
We still have a monthly meetup in Cheyenne. I can get you the details if you send me a PM.
Post: Wyoming couple, single family home investing for retirement
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Welcome Valerie! I’m also a real estate investor- residential and commercial- and an agent based in Cheyenne, WY. I have property throughout eastern WY and into the Black Hills of SD. Hit me up if you want to chat.
Post: What is the Most Useful Graduate Degree for Real Estate Investors
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
The School of Hard Knocks is the best education, but if your company will pay for it, I would go with an MBA for future (non-RE) career development.
Post: Multi-family in high growth area of Cheyenne, close to High Plains Business Park/Meta
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Two houses and two leased mobile home lots on a 2.64 acre lot nearly adjacent to Meta's High Plains Business Park. Under-rented, with proforma at around 8.5% cap with room to add more units (with country approval of rezoning). Priced at $650K. Contact me for more information.
Post: Visiting Colorado (Pueblo and surrounding areas) Wyoming (Cheyenne, Casper, Riverton)
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Cheyenne is growing rapidly and I think it would be good investment. I'm an agent in Cheyenne. Let me know if you have any questions or want to see any properties in Cheyenne.
- Mariah
Post: Looking for coach / RE buddy. I have alot of equity and looking to trade up
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Good morning, Jordan.
When I was in your position of having a lot of residential properties with equity, I started trading them in for commercial via 1031, focusing on NNN properties with long-term tenants. A small apartment complex would be a good option also. Interest rates are a challenge these days, so purchasing a 4-plex and occupying one unit, at least for a while, would be a good strategy.
I have a few options in Wyoming that could be of interest. DM me if you want to discuss.
- Mariah
Post: Seeking Input on My First Real Estate Investment Strategy for Passive Income
- Real Estate Agent
- Cheyenne, WY
- Posts 204
- Votes 50
Quote from @Noah Fele:
Hello BiggerPockets community,
I'm thrilled to join this forum and seek advice from experienced real estate investors. Here's what I've considered so far:
1. Markets:
Local Market: I live in the DMV area (DC/MD/VA) which primarily experiences appreciation, making it challenging to find cash flow properties.
Out-of-State Priorities:
- Price Below National Average: I'm prioritizing markets where property prices are below the national average.
- Positive Population Growth: Markets with growing populations tend to have increased demand for housing.
- Low Unemployment Rate: A stable job market is crucial for tenant stability.
- Rent-to-Price Ratio: I'm looking for areas where rental income justifies the property price.
2. Potential Markets:
I'm currently researching the following markets:
- Huntsville, AL: Low unemployment rate and steady growth driven by large aerospace and defense industry.
- Columbia/Greenwood, SC: Affordable properties and potential for cash flow.
- Cheyenne, WY: Small market with stable economy.
- Syracuse, NY: Decent A education and growing tech industry.
- Open to other markets that I should be researching
3. Property Types:
I'm considering mainly 3bd/2ba in the following property types:
- Single-Family Homes
- Townhouses
- Small Multi-Family (1-4 Units)
4. Starting Small:
- I've been interested in real estate for years but lacked the courage to take the plunge.
- My strategy is to begin with an easy deal, even if the numbers aren't optimal.
- Goal: Gain confidence, understand the process, and get my feet under me before scaling up.
5. Financing and Budget:
- I’m thinking of starting with no more $50k out of pocket for all upfront costs including the down payment to keep with my “start small” strategy.
- Considering a conventional loan with 20-25% down
- I'm open to exploring other investor-friendly financing options that allow for a lower out-of-pocket down payment but I’m not familiar with what’s available to me
6. Property Management:
- Given my W2 job and the out-of-state nature of the investment, I'll have to work with a property manager.
7. Networking and Education:
- As a beginner, I started to reach out to real estate agents here hoping to find a good match and hoping to expand my network from there
- Connecting with experienced investors will provide valuable insights.
8. Timeline:
- I’m thinking 2-6 months will give me ample time for learning and evaluating deals but open to other suggestions
I appreciate your warm welcome and look forward to learning from your insights. Thank you for being part of this supportive community!
Hi Jeremy,
When I first started investing I lived in Portland, OR, which was a landlord's nightmare. I ended up with 31 units in Rapid City, SD. The key is to have a good property manager.
I'm an agent and investor in Cheyenne, WY. I can definitely point you to some good property management companies if you decide to invest here.
- Mariah