What is like to invest in multiplex units in Columbus Ohio especially near OSU

Question

Hi I am a newer real estate investor, and I am thinking about purchasing multiplex less than 4 units around OSU area

I believe OSU area is good because of low vacancy. I am looking to do BRRRR

since I am not living in columbus anymore I'd like to start with finding good PM first. any referrals?

Remington Lyman · Answer

Hello Chungho. I can send you some property manager referrals in Columbus, Ohio.

Min Zhang · Answer

Hello Chungho. As an OSU alumnus, I can tell you that the OSU area is indeed a great choice for investment because of the high demand for rental properties and the limited vacancies. It's a wise decision to start by looking for a good property management company, especially since you're no longer living in Columbus. I can share a list of property management companies that have been valuable to my fellow investors in Columbus. With my familiarity with the market, I can also provide insights on purchasing multiplex properties in the area. Let me know how I can help!

Anthony L Amos Jr · Answer

I can share my list of referrals

Brandon Goldsmith · Answer

Make sure the PM is fit to manage campus proeprties. It is different than a regular long-term rental so make sure to ask the right questions when picking a manager for properties near OSU @Chungho S.

Zachary Cain Humphrey · Answer

Consider once you have acquired a property to do Mid term rental / and or short term rental in one or two of those 4 units (if its a fourplex). Cash flow would be very strong and you could charge premium rates to travel nurses working at Ohio State, which there are many. I know this because I am a travel nurse and have worked at OSU. Mid term strategy has a lot of strength in that area.

Chungho S. · Answer

yes please

Simon Ashbaugh · Answer

Hey Chungho, I've got a list of PMs and Contractors as well as Lenders who've been a big help for my investors when acquiring properties. Let's connect and I'll introduce you to my go to.

Rickey Brunson · Answer

Here are a few tips to help you in your search:

• Local Recommendations:Check with local real estate investor groups or forums in Columbus for recommendations. Experienced investors often share insights into property management companies they've had positive experiences with.
• Check with local real estate investor groups or forums in Columbus for recommendations. Experienced investors often share insights into property management companies they've had positive experiences with.
• Online Reviews:Look for online reviews of property management companies in the OSU area. Websites like Yelp, Google Reviews, or specific property management review sites can provide valuable feedback from landlords and investors.
• Look for online reviews of property management companies in the OSU area. Websites like Yelp, Google Reviews, or specific property management review sites can provide valuable feedback from landlords and investors.
• Interview Multiple Companies:Don't hesitate to reach out to multiple property management companies and conduct interviews. Ask about their experience with similar properties, their fee structure, and the services they offer.
• Don't hesitate to reach out to multiple property management companies and conduct interviews. Ask about their experience with similar properties, their fee structure, and the services they offer.

• Check with local real estate investor groups or forums in Columbus for recommendations. Experienced investors often share insights into property management companies they've had positive experiences with.

• Look for online reviews of property management companies in the OSU area. Websites like Yelp, Google Reviews, or specific property management review sites can provide valuable feedback from landlords and investors.

• Don't hesitate to reach out to multiple property management companies and conduct interviews. Ask about their experience with similar properties, their fee structure, and the services they offer.

I also offer these services such as project management and have experience working with out-of-state clients. If you're interested, I'd be happy to discuss how I can assist you in managing your investment remotely. Feel free to reach out for more information or to discuss your specific needs.

Best of luck with your real estate endeavors!

Rickey H Brunson

Donato Callahan · Answer

Looking at the map, crime around OSU seems to increase as you go east. I pulled some off market multifamilies too and found a few off-market deals around OSU with Absentee Owners & High Equity who may be looking to sell. I'd recommend showing this to a local PM or using this to narrow in on certain areas to avoid risk of crime damaging your property.

What is like to invest in multiplex units in Columbus Ohio especially near OSU

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