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Updated about 2 years ago on . Most recent reply

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5
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Adam Yonan
  • Hollister, CA
10
Votes |
5
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Looking to get started in Ohio

Adam Yonan
  • Hollister, CA
Posted

Hello, rookie here looking to get started on my path to financial freedom! I would like to look for cash flow opportunities in Ohio but just need some guidance. What are the best cities/neighborhoods to look at? What else needs to be considered? Businesses/jobs moving into the area? Long-term growth/appreciation? I live in Hollister CA so this will definitely be out of my comfort zone to invest so far away but I've read the books and listened to the podcasts so I feel like it's very doable as allot of you have proven! Thanks very much for your time and any input you could provide. 

Most Popular Reply

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3,673
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
3,451
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3,673
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Steven Foster Wilson
  • Rental Property Investor
  • Columbus, OH
Replied
Quote from @Adam Yonan:

Hello, rookie here looking to get started on my path to financial freedom! I would like to look for cash flow opportunities in Ohio but just need some guidance. What are the best cities/neighborhoods to look at? What else needs to be considered? Businesses/jobs moving into the area? Long-term growth/appreciation? I live in Hollister CA so this will definitely be out of my comfort zone to invest so far away but I've read the books and listened to the podcasts so I feel like it's very doable as allot of you have proven! Thanks very much for your time and any input you could provide. 


Hey Adam, welcome to BiggerPockets. I highly recommend you read this article on OOS investing. This explains who you need on your bus! You will need to get a local, Realtor, contractor, lender, and property manager. All the pieces to making a successful business.

https://www.biggerpockets.com/...

There are a lot of good markets in Ohio. Choosing the right one will depend on what your goals area. Looking for cashflow? Look into Cleveland, its got good cashflow potential with appreciation happening as well.

Looking for appreciation come to Columbus, there are still 1% deals, but the more attractive part is the population growth and other economic drivers!

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