Looking for advice on areas of Columbus, Ohio

[Michael Wentzel]

Hello people,

I live in Colorado Springs, CO and I'm currently purchasing, rehabbing and refinancing properties in Pueblo, CO. I've been looking for a second larger market to enter. Being from Ohio, I've considered Cleveland, Toledo and Columbus. I think I've settled on Columbus and have started to look at properties there. There are certainly a lot of cheap properties in the city, but that doesn't necessarily mean they are going to make money. So here's a few questions...

I would like to purchase properties in the $20,000 to $30,000 range. Is anybody doing this? Have you found a good or bad areas for this price point?

Is anybody buying, rehabbing and refinancing? The neighborhoods I've looked at are so riddled with foreclosures I feel like it will be tough to get a decent appraisal after the rehab.

I would like to chat or email with a few investors, Realtors and property managers to learn more. So contact me if you have some insight on Real Estate in Columbus, Ohio.

Mike