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Updated almost 6 years ago on . Most recent reply

User Stats

7
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Kevin Girouard
  • Investor
  • Nashua, NH
2
Votes |
7
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Midwest investing cities

Kevin Girouard
  • Investor
  • Nashua, NH
Posted

Hello BP.. any advice on investing in the mid West.. Indy Columbus Cincinnati. Property managers,? turnkey providers? There is so much information,it is overwhelming, confusing,and sometimes contradictory..any advice or information is greatly appreciated

Thanks

Kevin

Most Popular Reply

User Stats

208
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157
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Jake Walroth
  • Investor
  • Cincinnati, OH
157
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208
Posts
Jake Walroth
  • Investor
  • Cincinnati, OH
Replied

Yea.... Cincinnati has a giant research university(UC 45,000 students) and 10 fortune 500 companies in the area... so you have a very strong tenant base as well prices you might not be getting on the east coast. Like New Hampshire, a lot of the housing stock in Cincinnati is going to be pre-turn of the century... so if restoring old homes is your thing, it's another tremendous asset to the city. And like most other Midwestern towns(Pittsburgh, Indy, ETC), there is an urban renaissance taking place...while all the babyboomers moved to the suburbs, you're seeing the inverse with more millenials favoring the urban lifestyle. While most deals to be had are on the periphery of the urban core... you can still buy cashflowing deals in many areas in the "path of appreciation."

If you have any other questions regarding Cincinnati, shoot me a message. 

Cheers, 

Jake  

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