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Updated over 5 years ago on . Most recent reply
condo rental investment in Columbus, OH vs Cleveland, OH?
Looking at Ohio as my next area to invest in rental condos, any suggestions?
Most Popular Reply
Originally posted by @Brandon Sturgill:
@Cecilia Rus Ohio is the 7th largest state in the US...you'll need to be a bit more specific...Columbus and Cleveland have large MSA's...Columbus region is 11 counties with a projected population of 3 million... Have you done any research on specific locations or neighborhoods? Condos are a niche market...why are you going after condos?
Thanks Brandon, I have been doing condos for many years now. I have 10 and they are paid off. I know is different of what other people do here but I get a solid 9 to 11% return, I do my own management. Open to investigate different options. Not familiar with the term MSA yet. I was looking at Ohio but the taxes seem pretty high. I try B areas.