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Updated about 3 years ago on . Most recent reply

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4
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3
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Adam Schrock
  • New to Real Estate
  • Columbus, OH
3
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4
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Rehabs in Columbus Ohio

Adam Schrock
  • New to Real Estate
  • Columbus, OH
Posted

Hello BiggerPockets, I am a young investor trying to get some insight on rehabbing properties in Columbus. I’m looking for a local investor who’d be willing to share their thoughts on flips in a few neighborhoods in Columbus. 

Most Popular Reply

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28
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20
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Jason DeVelvis
  • Investor
  • Columbus, OH
20
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28
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Jason DeVelvis
  • Investor
  • Columbus, OH
Replied
Originally posted by @Adam Schrock:

I do not yet have the criteria figured out. As I am new to this I should probably start with one that does not need to be down to the studs. I have also thought about partnering with someone who may know more about the area until I fully get it. In your opinion, which of these areas would require the most/least amount of work ?

 Each house is different, obviously, but the deals I've seen in Southern Orchards & Franklinton have been overwhelmingly full rehabs. And if they're not, they tend to be overly expensive (for my criteria, note that many others disagree with me wholeheartedly there and that's okay). Linden has full and cosmetic rehab opportunities, but the upside is more limited than the others. Since you haven't landed on criteria yet, I'd also recommend looking at other areas - even outside of Columbus. Smaller Ohio towns - Lancaster, Chilicothe, etc are close if you're on the south side - have less competition and more reasonable prices for folks just getting started. Gives you a little wiggle room for your first rehab or two so you can learn with less (but not zero) risk

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