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Updated about 6 years ago on . Most recent reply

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2
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2
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Michael Roloff
  • Santa Monica, CA
2
Votes |
2
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New to investing in properties in Dayton and Columbus Ohio

Michael Roloff
  • Santa Monica, CA
Posted

Hi There!

I am a new investor and have been interested in Ohio for my first rental property( Single Family Homes). I am currently looking into Dayton and Columbus, mainly Dayton. Im looking to learn about your experiences investing in both areas and also if anyone has any recommendations on Real Estate agents in those areas.

Look for forward to connecting with everyone!

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Dayton, OH
34
Votes |
57
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Account Closed
  • Rental Property Investor
  • Dayton, OH
Replied

Hi Michael, I really agree with Mark.  I am a property manager in the Dayton OH area.  I have walked through properties that out of state investors were interested in. Of course it was "a great deal" by the seller. After my walk through I would send the photos to the investor to look over. Then we talked about it.  What is the estimate of the repairs, is it in a good rental area? What should the rents be?  Did the investor put the right numbers on his work sheet? For instance, most management companies charge 10% management fee in the Dayton area, unless other wise negotiated. Tomorrow I am going to a multi unit to meet the property inspector for the owner.   If you have any questions just let me know.

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