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Updated almost 4 years ago,
Is Purchasing canal Winchester Ohio homes with cash a good Idea
I am a cash buy and hold investor in Ohio my wife and I buy homes in 5+ school districts in central Ohio cash. we pay 1-5k bird dog fees depending on the discount of the deal for (150k homes 1% bird dog fee). our parameters are.
City analyzer explanation I use the years 2000-2017
1. population growth 20% increase since the year 2000
2. income growth 30% increase since the year 2000
3. median home value 40% increase since the year 2000
4.crime under 500 moving in the direction of less crime
5. median household income 40-70k
6. no investments in areas with poverty levels 15-20%
7 neighborhood unemployment level no more than 2% above the main metropolitan city (Columbus).
we can't seem to find a good real estate agent in central Ohio that understands the investor side of real estate.