Cincinnati Multi Unit Properties

[Omid Torkian]

I live in So Cal but I am looking at Cincinnati for multi unit properties with good cash flow. I plan to visit the steak soon and network and learn as much as I can. Would appreciate feedback from others that have invested in the area as well as brokers that can help me get start. TIA

[Paul Sian]

Definitely need to visit any place you are investing in remotely just to get a lay of the land.  Cincinnati even more so since it can vary street to street and has a lot of multifamily buildings to choose from.  Build your team as well as while there is plenty of investment activity going on here everything else is lagging behind.  Contractors and PMs can be hard to come by.  Contractors are very busy and the honest ones will tell you to stand in lines.  Others may try and working multiple jobs at once hoping for easy money but eventually it catches up with them and then unfortunately with the ones they are working for too.  I cannot emphasize strongly enough, have your team in place beforehand!