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Updated about 5 years ago on . Most recent reply

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2
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Daniel Genzer
2
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2
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First Investment in Columbus, OH

Daniel Genzer
Posted

Hello,

I want to make my first buy, fix and hold deal in Columbus, OH. Budget is around 110k ARV. What is the best neighborhoods to do that?

Thanks!

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85
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Zac Mckenzie
  • Contractor
  • Columbus, OH
83
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85
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Zac Mckenzie
  • Contractor
  • Columbus, OH
Replied

At that ARV Remington is on the right track, you would most likely need to focus on the areas that are still at the beginning of the speculative curve. The other big questions to make sure you have ironed out are.

1. Who is your Agent?

2. What is your financial situation/lending partners?

3. How will you manage the rehab? GC, Self GC, Property Manager.

You might have these all figured out, but if you don't be careful jumping into a new market without the support of some great professionals. Columbus is a competitive market which means the margins are tight. The right pros can help save time and money and it doesn't usually cost too much to build a relationship. 

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