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Updated about 6 years ago on . Most recent reply
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Seeking Market Knowledge in Greater Cincinnati
Hi, I'm new to real estate investing and looking to gain some market knowledge on a few different areas in the Greater Cincinnati area including Kentucky and Indiana. I'm looking to target multi-family and apartment properties. Would love to get some feedback from anyone who currently lives in these area or has investment properties there.
I'd like to start by acquiring any insight into current supply trends in these areas, as well as the demand based on occupancy for these types of properties. Are these currently good markets to begin looking into for a first time investor? Side note, I do have a lot of friends and family in these areas so I am knowledgeable of the areas and do have boots on the ground to help out where needed. But obviously looking to gain knowledge from an investment perspective.
Thanks in advance for all the help and insight!
- Josh
Most Popular Reply
Hi @Josh Levan,
Cincinnati metro as well as Indianapolis, Lexington, and Louisville are all good markets. I would refer to market reports from M&M, Yardi, C&W, CBRE etc for general market info. Most of these brokers also offer the option to subscribe to new listings. These are usually focused on larger properties. I would look on MLS and LoopNet for other properties to sample the market. This can also point you to active brokers that can provide more info.