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Updated about 4 years ago on . Most recent reply

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Chad M.
  • Contractor
  • Utah
4
Votes |
6
Posts

Buy single family home investment in Ohio?

Chad M.
  • Contractor
  • Utah
Posted

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.

Most Popular Reply

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5,493
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Remington Lyman
#4 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus, OH
6,470
Votes |
5,493
Posts
Remington Lyman
#4 Out of State Investing Contributor
  • Real Estate Agent
  • Columbus, OH
Replied
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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