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Updated over 3 years ago on . Most recent reply
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Getting Constantly Outbid in Columbus Ohio for Multifamily
So I've been putting in offers for multi family properties in Columbus Ohio but constantly get outbid. I have contingencies to increase my offer to increase my offer to a certain point. However, people are still increasing their offers despite it not cash flowing with a higher offer. Are other people facing this problem right now because interest rates are low? Also does anybody know of any commercial real estate agents in Columbus Ohio? I have couple of duplexes that are doing well and am interested into acquiring apartment complexes. Thank you for your help and guidance.
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Currently Columbus is one of the hottest markets in the country. You'll have to go off-market to find less competitive deals or look at other markets that are strong in multifamily. Most of Ohio will have options for you to choose from.