Struggling Deciding on Deciding Where to Invest

[Jason G Goepper]

Hi all,

I am currently working on finding a property for my first investment; however, I am stuck between 2 cities. One is Cincinnati, Ohio and the other is Colombus, Ohio. I am originally from the Cincinnati area, and it is more familiar terrain. It has several different large corporations based there (EX. P&G) and has been steadily growing in the past few years. Colombus is growing rather rapidly and looks like it will only continue to do so for the next couple of years. It seems like a property will appreciate more over a smaller period of time and their rental rates seem to be on the rise. With it being an unfamiliar area, I am hesitant because this would be my first property. I am not sure how to decide, does anyone have an advice/things for me to consider?

[Patrick Drury]

@Jason G Goepper
I live and invest currently in Columbus OH. If you are looking for more of a growth market, Columbus would be a better pick. It's a solid hybrid of cash flow and appreciation. 

[Tanner Connelly]

Which city is seeing more jobs being created? That is your answer. 

[Trent Ecklar]

I’d go with the Capital of the State. We’ve got too much going for us.

[Remington Lyman]

Quote from @Jason G Goepper:

Hi all,

I am currently working on finding a property for my first investment; however, I am stuck between 2 cities. One is Cincinnati, Ohio and the other is Colombus, Ohio. I am originally from the Cincinnati area, and it is more familiar terrain. It has several different large corporations based there (EX. P&G) and has been steadily growing in the past few years. Colombus is growing rather rapidly and looks like it will only continue to do so for the next couple of years. It seems like a property will appreciate more over a smaller period of time and their rental rates seem to be on the rise. With it being an unfamiliar area, I am hesitant because this would be my first property. I am not sure how to decide, does anyone have an advice/things for me to consider?

 Columbus is not that far from Cincinnati. I would check out both locations and pick the city that has the best team you are able to build.