New Member - Wanted to connect and invest in Ohio

New Member - Wanted to connect and invest in Ohio

Irvine, CA · Member since 2019 · 7 posts · 11 votes

Hello BP Members, I am a new member from Southern California.  I previously had some rentals in Ontario Canada, however, now living in the states, I am realizing that there are so many great markets.  

I am looking at Ohio, and would like to connect with investors, wholesalers, property managers, contractors.  I haven't' dialed in which specific areas of Ohio, and am open to suggestions, hence why I would like to make some connections.  

Ideally for me small multi-family would work best (4-10) units to get started. Good cash flows, and open to all cash buys and properties that may need some rehab.

Look forward to connecting !

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Rental Property Investor · Brooke Park Drive · Member since 2018 · 1k+ posts · 2k+ votes
6y

Depends how much money you have, Columbus if more money, Toledo if less money.

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  • Brandon GoldsmithBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2020 · 1k+ posts · 1k+ votes
    6y

    Ohio has a lot of great opportunities and different cities may match your goals better than others. I suggest taking a look at Columbus, specifically the job and population growth. @Datesh Kshatriya

  • Rental Property Investor · Columbus, OH · Member since 2017 · 3k+ posts · 3k+ votes
    6y

    Hi @Datesh Kshatriya, I am in Columbus Ohio and have a couple of investments that are doing great. If you can connect with the right team here you can find those 2% deals with hundreds of thousands of dollars of equity just waiting to be tapped into. My last deal I bought was a 3.2% deal before the refi and had $190k of equity after the renovation.

  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    6y
    Originally posted by @Datesh Kshatriya:

    Hello BP Members, I am a new member from Southern California.  I previously had some rentals in Ontario Canada, however, now living in the states, I am realizing that there are so many great markets.  

    I am looking at Ohio, and would like to connect with investors, wholesalers, property managers, contractors.  I haven't' dialed in which specific areas of Ohio, and am open to suggestions, hence why I would like to make some connections.  

    Ideally for me small multi-family would work best (4-10) units to get started. Good cash flows, and open to all cash buys and properties that may need some rehab.

    Look forward to connecting !

     I believe Columbus, Ohio is the place for you!

  • Cincinnati, OH · Member since 2020 · 4k+ posts · 3k+ votes
    6y

    @Datesh Kshatriya, welcome to BP.  Your major cities in Ohio are Cincinnati, Columbus and Cleveland.  In the 4-10 unit range, any and all will offer opportunities.  If you have questions regarding Cincinnati, please feel free to reach out.

  • Irvine, CA · Member since 2019 · 7 posts · 11 votes
    6y

    Thank you @Brandon Goldsmith & @Steven Foster Wilson for the insight - Look forward to connecting

  • Irvine, CA · Member since 2019 · 7 posts · 11 votes
    6y

    @Evan Polaski Thanks Evan - Cincinnati - is definitely interesting - It appears to vary drastically street to street. (which I guess is the challage being out of state)  I have some conversations lined up with property managers in other areas.  Any you recommend speaking with in Cincinnati?

  • Real Estate Agent · Columbus, OH · Member since 2018 · 1k+ posts · 1k+ votes
    6y

    Welcome to the site @Datesh Kshatriya, I am here in Columbus, OH. I'm more than happy to connect and shoot over referrals. 

  • Irvine, CA · Member since 2019 · 7 posts · 11 votes
    6y

    Thank you @Zeke Liston

  • Rental Property Investor · Brooke Park Drive · Member since 2018 · 1k+ posts · 2k+ votes
    6y

    Depends how much money you have, Columbus if more money, Toledo if less money.

  • Property Manager / Licensed Realtor · Toledo/Columbus, OH · Member since 2019 · 244 posts · 262 votes
    6y

    Hello @Datesh Kshatriya I am local to the Toledo market.  I also invest in Cleveland, Akron and Tampa, FL.  Toledo has a lot of great opportunity and I see investors turning properties into a very nice cash flowing business.  When reviewing Toledo properties you will discover that the Toledo market is different from all others, not to mention, extremely low purchase prices on fixer uppers as compared to their retail value, Toledo is full of promises. The need for quality residential and commercial space has become astonishing, making the right investment in Toledo is sometimes not easy with so many different projects to choose from. Whether it is Single-Family homes, Multi-Family homes, mixed use or any other type of property, with such a high demand in Toledo, it rarely stays on the market for a great length of time.

    Some reasons why so many people are flocking to invest in this cosmopolitan community would be:
    - Low inflation
    - One of the safest cities in Ohio
    - Low cost of living
    - Growing metropolitan

    Toledo Investment Properties provide investors with a unique comprehensive platform that makes Toledo a logical place to invest in. The area is always expanding the business district as well as downtown, from Access to low cost regional talent, competitive real estate cost, strong work ethics and excellent facilities for sports, shopping, leisure and healthcare. All-In-All, Toledo Means Business!  

    If you would like to discuss more about the Toledo Market I would be more than happy to answer any questions :) 

  • Irvine, CA · Member since 2019 · 7 posts · 11 votes
    6y

    @Mike Mocek Thank you so much for the detailed analysis.  Toledo wasn't somewhere I had originally looked at, but certainly will now.  I will take a look over the next couple of days and then reach out to you, so I can have a more informed discussion.  Look forward to connecting.

  • Real Estate Agent · Akron · Member since 2019 · 35 posts · 11 votes
    6y

    @Datesh Kshatriya Welcome to BP. I am local to Akron. There are many deals to be had here with good returns. SFRs aren't a bad option either. 

  • Irvine, CA · Member since 2019 · 7 posts · 11 votes
    6y

    Thanks @Nicolas Ake - Looking forward to connecting with you

  • Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 31k+ posts · 20k+ votes
    6y
    Originally posted by @Datesh Kshatriya:

    Hello BP Members, I am a new member from Southern California.  I previously had some rentals in Ontario Canada, however, now living in the states, I am realizing that there are so many great markets.  

    I am looking at Ohio, and would like to connect with investors, wholesalers, property managers, contractors.  I haven't' dialed in which specific areas of Ohio, and am open to suggestions, hence why I would like to make some connections.  

    Ideally for me small multi-family would work best (4-10) units to get started. Good cash flows, and open to all cash buys and properties that may need some rehab.

    Look forward to connecting !

     Welcome aboard Datesh......Give The Ultimate Guide to Grading Cleveland Neighborhoods a look for some info on that market. Every neighborhood will have it's pros and cons. All about fitting the neighborhood to your goals, budget and risk tolerance.

  • Irvine, CA · Member since 2019 · 7 posts · 11 votes
    6y

    @James Wise Thank you for the helpful tip

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