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Updated over 8 years ago on . Most recent reply

Tom Pritchett's profile image
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Tom Pritchett
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  • from North Bend, Washington
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Tom Pritchett's profile image
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Tom Pritchett
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  • from North Bend, Washington
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Tom Pritchett
  • Investor
  • North Bend, WA
20
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Buying & Selling Real Estate

Ohio or Maine

Tom Pritchett
  • Investor
  • North Bend, WA
Posted

I'm looking at investing in multi family residences in either Ohio or Maine.  Having not invested in either, what are the pros or cons pertaining to each state?

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Ryan Murdock
  • Rental Property Investor
  • from Maui, HI
  • Member since Aug 10, 2016
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Ryan Murdock
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  • from Maui, HI
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  • Rental Property Investor
  • Maui, HI
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Ryan Murdock
  • Rental Property Investor
  • Maui, HI
ModeratorReplied

I have no idea what Ohio has to offer but in Maine there are many opportunities to buy MF's that will 100% cash flow from the rents. You'll probably need to go well north of Portland to find this but they are out there. Tenant laws are pretty lopsided in the tenant's favor here so make sure you brush up on that part of it too.

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