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Updated over 3 years ago on . Most recent reply

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118
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Gaby Liu
  • Investor
  • Los Angeles
102
Votes |
118
Posts

Cincinnati OH investing

Gaby Liu
  • Investor
  • Los Angeles
Posted

Hello BP,

I am considering investing in Cincinnati, Ohio. I am from Irvine,CA so I am not familiar with the area. I see some really cheap multifamily properties for sale in Cincinnati with pretty good return. Can someone who is familiar with the area shed some light on streets below? 

1015 Winfield Ave, Cincinnati, OH 45205  

1260 Rosemont AveCincinnati, OH 45205

3065 Bracken Wood LnCincinnati, OH 45211

Are these good areas to invest in? What are the pros and cons of investing in these areas?

Thanks BP!

Most Popular Reply

User Stats

51
Posts
39
Votes
William Durel
  • Rental Property Investor
  • Cincinnati, OH
39
Votes |
51
Posts
William Durel
  • Rental Property Investor
  • Cincinnati, OH
Replied

@Gaby Liu hey Gaby I’ve been watching this thread seeing where it was going and what was being discussed. I’m new to investing so few free to take what I say with a grain of salt. Cincinnati is very much a neighborhood city. No mass transit, and no really quick way to get around.

I’m in and out of houses weekly in Cincinnati and Northern KY doing inspections and writing estimates (property adjuster by day).

Certain neighborhoods have a better life for single family and some have a better fit for multi family. The east side and north side of Cincinnati is going to predominantly be single family. These are more of family established neighborhoods with better school districts and parks. The west side and central parts of town will bode better for multi family due to higher density of populations and more access to bus routes.

Even within those markets you’ll have areas that are better suited for any particular type of client. A lot with depend if your more interested in appreciation or cash flow....

Hope that helps!

BJ

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