Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

33
Posts
2
Votes
Brendan Novisky
  • Pharmacist
  • Chillicothe, OH
2
Votes |
33
Posts

Finding a Columbus Ohio market

Brendan Novisky
  • Pharmacist
  • Chillicothe, OH
Posted

I am a new investor and have been studying on Bigger Pockets and the basic mls sites for about 5 months. I live in Chillicothe, OH and would like to buy my first buy and hold withe next 6 months. I would like to get into small apartment buildings or 4-units but since I work full time and am just getting started, I have decided to start slow with a SFH or two to get the basics down).

I was wondering if anyone could share their criteria for choosing a specific market because I am starting to feel analysis paralysis kick in. I would like to avoid the c-d areas and have focused most of my search in galloway, grove city, hilliard, westerville, and worthington. I have found a high percentage of vacancy (20+%) in some of these areas as well as a low percentage of renters vs home owners. 

In essence, what are the most important factors when choosing a neighborhood and what is background noise? Thanks in advance for any input!

Brendan

Most Popular Reply

User Stats

33
Posts
2
Votes
Brendan Novisky
  • Pharmacist
  • Chillicothe, OH
2
Votes |
33
Posts
Brendan Novisky
  • Pharmacist
  • Chillicothe, OH
Replied

@Kathleen Bassett

Thanks for taking the time to post. I haven't looked extensively there because it adds a couple more hours to the travel time. I have started to consider looking there because I have seen several posts that James Wise has on properties. The idea of partnering with his company (or someone) on a deal to start out is starting to be more appealing since it would be easier to learn the process. The possible downside is that would be more of a turnkey experience and I am not convinced that is a way to grow efficiently.

Loading replies...