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Cody, WY Real Estate News

By Nathan Gesner, Broker / Property Manager
(American West Realty and Management)
 I'm writing this post in response to a challenge issued by Grant Schneider. His challenge was to describe a business goal or action that didn't work out and how I did it correctly the second time. THE FOUNDATIONI got my Wyoming Real Estate license in 2010 and started in Property Management almost immediately. I had a lot of experience managing people, assets, and funds while serving in the military for 21 years but managing rental properties was a whole different animal.  THE FAILUREWhen I bought American West Realty & Management, we had a portfolio of 114 rentals. I knew it was improtant to familiarize myself with the owners, the tenants, and the properties themselves. So I started calling the tenants and scheduling a quick introduction and walk-through.One particular tenant was 30 mi...
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By Nathan Gesner, Broker / Property Manager
(American West Realty and Management)
Christmas in Cody, WyomingI'll start with a favorite of Angie's and our kids. It's not as fancy as you'd see in the big city but this home is a local favorite. They seem to add a little more each year and we have fun looking for the new additions. It plays 7-8 different songs with The Grinch being a family favorite. Enjoy! Another favorite is a local business, Cody Trolley Tours, owned and operated by Greg Pendley. In the summer time the Trolley takes visitors through a tour of the historic town of Cody, Wyoming, founded by William "Buffalo Bill" Cody in 1901. In the winter our city holds a contest for the best Christmas decorations. Locals are taken on a guided tour with the Trolley and allowed to vote on their favorites. For the more adventurous party crowd, the Trolley can be rented ...
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By Nathan Gesner, Broker / Property Manager
(American West Realty and Management)
Am I throwing my money away?I recently read a lengthy article about all the reasons why Property Management is like throwing money down the drain. The author shared a large number of reasons why managers are cheats and just too expensive. What's interesting is he never addressed a single reason why a manager may be necessary - or even good - for an investor.I can't go over every pro and con in one article, so let me just focus on a few primary reasons why someone might use a property manager: Distance. Many investors are unable / unwilling to live and invest in the same community. It's difficult, if not impossible, to manage rentals from a distance. Hiring someone locally to manage the property ensures you have eyes on the property and someone that knows the market. Money. Many investor...
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Information gathered from the energy audit will be used to determine energy efficiency, retrofitting and weatherization projects using funds from the Energy Efficiency and Conservation Block Grants (EECBG). Retrofitting projects will include air infiltration, energy efficient windows and doors, insulation levels, weather-stripping and caulking, and electric base loads.   Using its EECBG formula funding to retrofit and improve the energy efficiency of a number of it's municipal buildings that will result in substantial reduction in energy usage. EECBG Formula grants can be used for energy efficiency and conservation programs and projects community wide, as well as renewable energy installations on local municipal buildings, city facilities, local city and county government buildings. EEC...
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