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Updated over 4 years ago on . Most recent reply

User Stats

26
Posts
10
Votes
Pwin Kumar
  • Investor
10
Votes |
26
Posts

Cincinnati market Investor

Pwin Kumar
  • Investor
Posted

Hi,

I have around 300k for a downpayment on multifamily buildings and cannot find the required rates of return that I need in cincinnati, OH.Does anyone have guidance or experience win the cincinnati, OH market. Areas that make sense? Things to avoid?  I not looking for a project more something to diversify myself.


Thanks,

Most Popular Reply

User Stats

49
Posts
55
Votes
Eric Mielke
  • Realtor
  • Dayton, OH
55
Votes |
49
Posts
Eric Mielke
  • Realtor
  • Dayton, OH
Replied

@Pwin Kumar our group has also had much more success investing in the Dayton area in regard to cash flow.  Taxes are still going to be about the same (biggest complaint I hear about SW Ohio numbers), but the $/unit will be much less without sacrificing much, if any, in market rent.  Let me know if you would like further details.  One member of our group is a Realtor who specializes in working with out of state investors.  I'd also be happy to share my experiences with you via message or phone.  

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