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Ohio Real Estate Q&A Discussion Forum
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Updated over 5 years ago on . Most recent reply

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Cecilia Rus
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condo rental investment in Columbus, OH vs Cleveland, OH?

Cecilia Rus
Posted

Looking at Ohio as my next area to invest in rental condos, any suggestions?

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6
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Cecilia Rus
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Cecilia Rus
Replied
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.

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