Real estate investing in Central Ohio(Dublin, Hilliard, OSU area)

[Sam Wagner]

I’m a 19 yo student at OSU, and it’s been a long term goal of mine for a long time to own 1000+ rental properties before I turn 30. It won’t be easy, but I certainly don’t believe that it’s impossible.

I have yet to buy my first rental property though. What are the best areas to invest in Central Ohio? I’m mainly looking at Dublin, Hilliard, and the OSU 43201 area because safety and overall quality of the area and tenants is extremely important as in investing long term.

Can anyone please help me with advice? How do I get started as soon as possible? What are some long term and short term things I should achieve?

[John Lenhart]

What is your goal in the next 12-24 months? 1000 units is great but you have to start somewhere. What does your capital look like? Do you want to be an active manager? What strengths are you currently bringing to your investment?

For example, I had a business partner who was a student at University of Dayton. He had limited capital but desire to work hard. He purchased an old house near campus there for dirt cheap and renovated it on his own. He lived in it for a while but then bought another house and rented it to students. He did the same thing 3x over and by the time he graduated he had 4 rentals generating him income. A couple years later he owned 4 additional college rentals.  He dug in and learned the market and learned what he was doing in that particular niche. At a young age of 19, he started getting an understanding on contracting and financing as well as putting in a ton of sweat equity  in the process.

Now he did not choose the path to get 1000 units, but he took his investing in a different direction that suited him and his interests. He let his experience and journey lead him in his investing and his business evolved from that.

But ultimately, find a niche that appeals to you, figure it out and scale it. At your age, use the time you have to dig deep in the trenches to learn from the ground up.