Buy and Hold in Columbus Ohio? Or are the taxes just too high?

[John Simenic]

Hi everyone - new to BP here. I have researching cities for buy-and-hold in Ohio. What are thoughts on Columbus and their high taxes for a buy-and-hold strategy?  Should I shy away given an average tax rate of +/-2%? 

[Brandon Sturgill]

@John Simenic It really depends on location and allocation of taxes. Rule of thumb is that anything outside Columbus City Schools will have significantly higher property taxes...Dublin, Grandview Heights, Upper Arlington, Bexley...the good thing is that these are all high quality areas with (except Grandview) low concentrations of available investment properties. 

Across the board, if you're looking at anything above a C/C+ Columbus is comparable to most other smaller Midwest cities...inserting a blanket % won't work. Glad to chat more on this.

Best of luck!