What are the great areas for a multi unit property investment?

[Saurabh Patel]

Hi everyone, wanted to reach out as a new investor looking for advice on what markets (cities) anyone investing in here. I am interested in investing in multi-unit properties like 2-8 units. The main questions I have are:

1. How do I find what areas are good for multi-unit property investment? Is there any website to provide some kind of data? Does anyone have recommendations on the list of areas?
2. Are there government-friendly areas where we can leverage some investment benefits?
3. What are the excellent cities/towns in the USA for RE investment?

[Joshua Janus]

Quote from @Saurabh Patel:

Hi everyone, wanted to reach out as a new investor looking for advice on what markets (cities) anyone investing in here. I am interested in investing in multi-unit properties like 2-8 units. The main questions I have are:

1. How do I find what areas are good for multi-unit property investment? Is there any website to provide some kind of data? Does anyone have recommendations on the list of areas?
2. Are there government-friendly areas where we can leverage some investment benefits?
3. What are the excellent cities/towns in the USA for RE investment?

Columbus, Ohio is a great market to invest in. The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here. The appreciation rate in Columbus has been 8% higher than the national average over the last year. Tech companies are continuously moving here and establishing a footprint in Columbus as well. Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.

https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/

Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs.

https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-care

Here are a few more recent investments

https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0

https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus

Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.