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Updated almost 2 years ago on . Most recent reply
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Do we have any investors that currently reside/invest in Columbus Ohio
Hi fellow investors. I'm interested in Columbus, Ohio (Franklin county)/multi-family/mid-term rental as a strategy. I'm doing my due diligence by looking at current data like population growth, significant companies with their HQ located there, etc., and taking virtual neighborhood walks via Google maps. Depending on my findings, I plan on visiting the area before investing. Still, there's nothing like the feedback from locals or investors within that area. How are your investments doing? Were there any surprises after performing your due diligence, and for the locals, what is your take on the mid-term rental in this area? I live in a neighborhood predominantly of homeowners, and an MTR strategy would fail here. However, LTR residential investing could be successful. Thank you so much for your attention and participation.
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Quote from @Aruna Abdool:
Hi fellow investors. I'm interested in Columbus, Ohio (Franklin county)/multi-family/mid-term rental as a strategy. I'm doing my due diligence by looking at current data like population growth, significant companies with their HQ located there, etc., and taking virtual neighborhood walks via Google maps. Depending on my findings, I plan on visiting the area before investing. Still, there's nothing like the feedback from locals or investors within that area. How are your investments doing? Were there any surprises after performing your due diligence, and for the locals, what is your take on the mid-term rental in this area? I live in a neighborhood predominantly of homeowners, and an MTR strategy would fail here. However, LTR residential investing could be successful. Thank you so much for your attention and participation.
Hi Aruna, I'm from Portland, Oregon and moved here to Columbus Ohio a few years ago to be a full time real estate investor - best move I've ever made! Ever since, I purchased my first house hack, have done quite a few brrrrs and flips here and have my own real estate portfolio. I'm a local investor and agent here, and I helped a client close a 26% cash on cash return deal two weeks ago, so I would say the investments are doing great! Plus, Intel and Honda gigafactories are being built here, so a ton more room for job and population growth. I do like the MTR and recommend using furnishedfinder for traveling nurses and people in the medical field. I would suggest purchasing around local hospitals here! If you have any questions, would be happy to help!
- Jimmy Lieu
- [email protected]
- 614-300-7535
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