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Updated over 2 years ago on . Most recent reply

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Diamonn Hymes
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House Hacking in Columbus OH

Diamonn Hymes
Posted

Hello everyone my name is Diamonn and my area of interest is Columbus, OH. My husband and I are looking to invest in real estate. Our method of investing is to house hack and to invest in a multifamily home while using our VA loan. I am a beginner and I've been doing a ton of research to become more knowledgeable about our new journey! I plan to make a purchase by the end of 2022 and I am not sure how to study the market. Where do I being my market research? Are there any new or seasoned investors in Columbus, Oh that'll be interested in networking and learning the market together?

Looking forward to learning and growing with motivated people!

Most Popular Reply

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Joshua Janus
  • Realtor
  • Cleveland, OH
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Joshua Janus
  • Realtor
  • Cleveland, OH
Replied
Quote from @Diamonn Hymes:

Hello everyone my name is Diamonn and my area of interest is Columbus, OH. My husband and I are looking to invest in real estate. Our method of investing is to house hack and to invest in a multifamily home while using our VA loan. I am a beginner and I've been doing a ton of research to become more knowledgeable about our new journey! I plan to make a purchase by the end of 2022 and I am not sure how to study the market. Where do I being my market research? Are there any new or seasoned investors in Columbus, Oh that'll be interested in networking and learning the market together?

Looking forward to learning and growing with motivated people!




Columbus, Ohio is a great market to invest in. The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here. The appreciation rate in Columbus has been 8% higher than the national average over the last year. Tech companies are continuously moving here and establishing a footprint in Columbus as well. Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.

https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/

Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs.

https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-care

Here are a few more recent investments

https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0

https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus


Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.

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