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Updated over 7 years ago on . Most recent reply
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Investing in West Columbus OH
I currently invest on the East side in Obetz, Groveport, and Blacklick Estates. I am looking to possibly expand to the Southwest Hilltop area as it seems to be kept up well and the houses appear to be in good shape. I have not ventured out to this area before and I am looking for advice on this area and comparable areas around the city with good returns and some appreciation as I am looking to gain cashflow at the moment and expand to more appreciating properties in the future. I have had good luck with Blacklick Estates, but deals here are starting to become more costly and not as appealing as they once were due to the demand in housing in central Ohio. I have also heard North Linden is not a bad market but I am not educated enough in this area to feel comfortable purchasing there. Any advice or direction will be greatly appreciated.
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Originally posted by @Jonathon Garcia:
I am actually going down to Columbus this weekend to look at two properties in the Hilltop area. How has your experience been thus far. The properties I am looking at are on south hague ave, the numbers look pretty good on the deals, but after reading multiple threads online about how bad this area is, it's making me a little nervous. Hopefully I'm in the "good" area pocket that some people have mentioned. Any advice/feedback is much appreciated.
Hi Jonathon, 43204 and the surrounding zips are great cash flow zips with a lot of apartments. I think everyone looks there at some point. Like a few others said, it really is street by street. Even a great agent can't answer all of your questions. The best thing for these areas is having a property manager that is already managing rentals in the neighborhood. They can give you better insight into each smaller neighborhood or subdivision. I'd be happy to take a look.
- Robert Ellis