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Updated about 4 years ago on . Most recent reply
Buy single family home investment in Ohio?
I'm looking at purchasing my first investment and I've got $100k cash. I'm originally from Ohio but have lived in Utah for twenty years. Doing my research I have seen several homes in the Cincinnati Columbus and Dayton area that I could buy outright and then Burrr. I guess the question I'm asking is pros and cons to the Ohio real estate market. I've already noticed that their property taxes are quite high. And a lot of the homes I'm looking at are older foreclosures that would need updating. I would appreciate any input from anyone who has properties in these areas.
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- Real Estate Agent
- Columbus, OH
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Originally posted by @Chad M.:
I'm looking at purchasing my first investment and I've got $100k cash. I'm originally from Ohio but have lived in Utah for twenty years. Doing my research I have seen several homes in the Cincinnati Columbus and Dayton area that I could buy outright and then Burrr. I guess the question I'm asking is pros and cons to the Ohio real estate market. I've already noticed that their property taxes are quite high. And a lot of the homes I'm looking at are older foreclosures that would need updating. I would appreciate any input from anyone who has properties in these areas.
I believe the pros and cons in Ohio are similar to any Midwest market. Pro - get rich, Con - it takes work
- Remington Lyman
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