Do you know about flips and rentals in Cincinnati?

[Assaf Kehati]

​​​​Hi everyone,

I'm looking to invest 100K in real estate in Cincinnati and wanted to ask a few questions:​

1. Is the market good for flips?

2. Is the market good for rental?

3. What class neighborhood (a,b,c,d) house can I purchase with that budget?

4. Is price to rent ratio good?

My goal with my 100K is either:

1. Buy below ARV, then flip and fix and sell for more. Let's say buy at 50-70, fix at 20-30, and sell at 100-120K

2. Buy below ARV, then fix, then rent out, then refinance. Let's say buy at 60-80, fix at 10-20, have the ARV at 100-120K, rent out at around $1000?

Are those strategic realistic in the Cincinnati area?

Anyone also knows if that market is good/ strong in general?

Thanks,

Assaf