Who does Small multifamily investing in Clevland or other OH cities?????????

[Marc Globensky]

Hey my fellow investors,

I'm looking for a new market to break into. Phoenix is over saturated with investors and deals no longer make sense. 

I currently own 7 rental units 3 in Indianapolis, IN and 4 in Killeen, TX. 

I've been watching other investors on Youtube and what not talk about OH cities as a place to go but am incredibly skeptical when i do market research and see 5000-30000 2-4 units down to their studs with ARVs' of 180,000.00.  Additionally, the inventory there is larger than personally what i feel is healthy for an economy with a supply shortage??? idk I've never lived there nor visited. anyone in the area want to shed some light on this area? is it like south phoenix, AZ or Detroit, MI... Like whats up?

[Alfath Ahmed]

Quote from @Marc Globensky:

Hey my fellow investors,

I'm looking for a new market to break into. Phoenix is over saturated with investors and deals no longer make sense. 

I currently own 7 rental units 3 in Indianapolis, IN and 4 in Killeen, TX. 

I've been watching other investors on Youtube and what not talk about OH cities as a place to go but am incredibly skeptical when i do market research and see 5000-30000 2-4 units down to their studs with ARVs' of 180,000.00.  Additionally, the inventory there is larger than personally what i feel is healthy for an economy with a supply shortage??? idk I've never lived there nor visited. anyone in the area want to shed some light on this area? is it like south phoenix, AZ or Detroit, MI... Like whats up?

 Hey Marc, I think you should definitely look into the Columbus market. There are areas that I recommend however that I personally invest in alongside my clients. I personally like Old North, Old Town East/King Lincoln Bronze Ville, Merion Village, Driving Park, North Linden, Hungarian Village, Bexley, and North Hilltop. These are all great areas to buy investment properties in.