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Updated over 4 years ago,
Columbus OH - Finally got out of Analysis Paralysis - Next Steps
Hi All,
This post is for those investing / are local / or know Columbus OH very well - Looking for guidance!- References for a Core 4, and other functions you would recommend to add to build a strong team!
Background:
Last week I created my first post "Deciding between 2 markets - stuck in analysis paralysis" where I was deciding between San Antonio TX, and Columbus OH. After some deliberation I have decided to start my out of state investing in Columbus OH!
I have read multiple books / looked up many resources to better equip myself for starting out here.
My Criteria and Areas of interest:
- Looking for 1% rule housing
- B/C Housing areas
- Cash flow primarily - but long term appreciation
- Areas near higher rated Schools / Hospitals
- rising area-clusters of improving median family income
- lower crime rate
Some of the reasons I chose Columbus were, Job Diversity / Population Growth / Higher Education in the area / I saw resiliency to unemployment between 2006-10
What I have done/plan to do/local perspectives I am looking for:
I have done research using websites that may have 2016 census data, but are looking for those who know the area well that can help provide some local and current insight.
I have started out talking to some agents in the area but I would definitely want to create more connections. If you have local insights for me or have trusted connections (of course I will do my own searching through the different forums for contacts, but any help is appreciated) please let me know, especially if there are special considerations for Columbus due to ie. weather, or things only those very familiar with Columbus would recommend to look into. I hope to start off my investing with a solid Core 4 team of 1) Agents 2) Property Managers 3) Contractors 4)Lenders.
If you have any ideas of other functions I should add to that Core 4- please let me know!
Thank you for your time and help!