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Updated about 1 year ago on . Most recent reply
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Hello Columbus! sell me or scare me
Hello all. NJ resident here who is looking for an out of state area to do some investing. My area is just too damn expensive. I have done a lot of reading and research and Columbus has definitely caught my eye. I already have a realtor as well as finance and Insurance people I have had conversations with there. I am looking is the small multifamily or single family areas to start.
I guess what I am basically asking for is for opinions to sell me either way.
Have I picked a good area or am I a fool and should restart my search in another area?
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- Flipper/Rehabber
- Pittsburgh
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why not pick an area that is closer to home, where you can be hands-on? not sure what area in NJ you're in but you might be close to lower cost markets in PA, CT, etc.
Columbus is definitely a great market, i just think that given the current market conditions, new investors need to be hands on. if you're going to travel there in person to set up your team, network, and look at properties, great. but the days of pushing internet buttons to easily get a cash flowing deal are over.