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Updated over 7 years ago on . Most recent reply

User Stats

6
Posts
4
Votes
Garett Koehler
  • Otway, OH
4
Votes |
6
Posts

Long distance investment?

Garett Koehler
  • Otway, OH
Posted
I am trying to decide what my smartest investment strategy should be. I am in Southern Ohio and am looking at single family homes. my largest concern is that this a market that has been losing population for years and I do not see a whole lot of upside potential in property values or rent. My other option is to look at small multifamily units in Columbus or Cincinnati that I would then have to rely on property management companies to handle day to day. I would be self managing any local single family I may buy at least for the meantime. Any advice? The thoughts of long distance ownership for my 1st investment is quite intimidating.

Most Popular Reply

User Stats

25
Posts
14
Votes
Thomas Barrick
  • Investor
  • Cincinnati, OH
14
Votes |
25
Posts
Thomas Barrick
  • Investor
  • Cincinnati, OH
Replied

Garett Koehler I own a multi-family property in Cincinnati. Many neighborhoods around here are very block by block so do your homework before jumping in. You can still cash flow while paying a property manager in Cincy if you are not comfortable self managing yet. Feel free to reach out if you have any questions. Best of luck!

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