As a commercial real estate agent in Cheyenne, Wyoming, I’m committed to keeping you informed about market trends that could affect your investments. One emerging factor is the Department of Government Efficiency (DOGE), a federal initiative aimed at reducing government spending and optimizing operations. DOGE’s aggressive push to cut federal office leases is making waves in commercial real estate...
Hey there, Cheyenne homeowners, buyers, and investors! With President Trump in office, everyone’s asking: What’s this mean for real estate? Here’s my take on how Trump’s second term might shake up the 2025 market, based on his campaign promises, past policies, and what experts are saying. Spoiler: It’s a mixed bag—opportunity with a side of uncertainty. Tax Cuts: More Cash, More...
In the world of commercial real estate, leases come in various structures, each with distinct implications for both landlords and tenants. One of the most common lease types is the NNN lease, or triple net lease. Understanding what NNN means and how it operates is crucial for anyone involved in commercial real estate—whether you’re a property owner, investor, or business tenant. In this...
Land development is an exciting and complex process that transforms raw, undeveloped land into a usable space for residential, commercial, or industrial purposes. Whether you're a real estate investor, builder, or entrepreneur, land development offers significant opportunities for growth and profitability. However, it also requires careful planning, investment, and a deep understanding of the local market...
The Fed has officially cut the prime rate by 50 basis points (1/2%). We will not see an immediate .5% drop in mortgage rates because they are tied to the 10-year treasury and the expected rate drop was already priced in. However, this is great news for commercial rates and the long-term trajectory for residential mortgage rates. In the long-term, this should offer much-needed relief for buyers and making...
Navigating the world of commercial real estate can be a complex and challenging endeavor. Whether you are looking to buy, sell, lease, or invest in commercial properties, having the right expert on your side can make all the difference. This is where a Certified Commercial Investment Member (CCIM) comes into play. CCIMs are recognized as some of the top professionals in the commercial real estate...
In the ever-evolving landscape of commercial real estate, financial strategies play a pivotal role in maximizing investment returns. One of the most significant tax incentives available to real estate investors is bonus depreciation. This provision can provide substantial savings and enhance cash flow, making it a valuable tool for those in the commercial real estate sector. In this blog post, we’ll...
Cheyenne, the capital of Wyoming, is experiencing unprecedented growth, and for good reason. Once known primarily for its rich cowboy history and wide-open spaces, Cheyenne has transformed into a burgeoning economic hub, attracting big businesses, tech giants, and major government projects. But what’s behind this rapid expansion? Let's dive into some of the key factors driving Cheyenne’s growth. 1....
For savvy real estate investors, the 1031 tax-deferred exchange stands out as one of the most effective strategies for building wealth. Named after Section 1031 of the Internal Revenue Code, this provision allows investors to defer paying capital gains taxes on the sale of investment properties, provided they reinvest the proceeds into "like-kind" properties. By deferring taxes, investors can preserve more...
If you’ve been following financial news, you might have heard about the Federal Reserve’s decisions to adjust the prime rate. Many homeowners and prospective buyers wonder why mortgage rates don’t change immediately or even directly in response to these shifts. Let’s break down the relationship between mortgage rates and the prime rate to clarify why they operate independently.What is the Prime...