Columbus Ohio (Franklin County) Investors/Residents

Columbus Ohio (Franklin County) Investors/Residents

Member since 2022 · 36 posts · 32 votes

Hi fellow investors. I'm interested in Columbus, Ohio (Franklin county)/multi-family/mid-term rental as a strategy. I'm doing my due diligence by looking at current data like population growth, significant companies with their HQ located there, etc., and taking virtual neighborhood walks via Google maps. Depending on my findings, I plan on visiting the area before investing. Still, there's nothing like the feedback from locals or investors within that area. How are your investments doing? Were there any surprises after performing your due diligence, and for the locals, what is your take on the mid-term rental in this area? I live in a neighborhood predominantly of homeowners, and an MTR strategy would fail here. However, LTR residential investing could be successful. Thank you so much for your attention and participation.

5Reply
68 views

Most Popular Reply

Rental Property Investor · Columbus, OH · Member since 2017 · 3k+ posts · 3k+ votes
3y

Hey Aruna, luckily for us, Columbus as a whole has really been brought up, that being said we have A,B, and C areas, so there really isn't anywhere that I would say to stay away from. You could practically throw a dart at a Columbus map and it would hit somewhere that'll make a good investment. I invest locally here and the MTR and LTR is a great strategy.

See this reply in the discussion

9 Replies

Jump to latestLatest
  • Member since 2022 · 16 posts · 7 votes
    3y

    Hello there, i'm a fellow investor recently started investing journey in the Columbus area. The rentals rates have been great so far, however, i'm still learning the market.

  • Jimmy LieuBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
    3y
    Quote from @Karthik Dontula:

    Hello there, i'm a fellow investor recently started investing journey in the Columbus area. The rentals rates have been great so far, however, i'm still learning the market.

    Hey Karthik, I'm a local investor and agent here in Columbus, I'd love to send over a few resources that can help you better understand the neighborhoods and areas here better. I have done quite a few BRRRRs and flips here in the area and know it extremely well like the back of my hand! I'd love to answer any questions you might have!

  • Patrick DruryBusiness Member
    Real Estate Agent · Columbus, OH & Cleveland OH · Member since 2021 · 1k+ posts · 2k+ votes
    3y

    @Aruna Abdool
    All my rentals are long-term rentals with Section 8 in Hilltop and Eastmoor. I find this to be the best strategy for cashflow in Columbus. 

  • Rental Property Investor · Columbus, OH · Member since 2017 · 3k+ posts · 3k+ votes
    3y

    Hey Aruna, luckily for us, Columbus as a whole has really been brought up, that being said we have A,B, and C areas, so there really isn't anywhere that I would say to stay away from. You could practically throw a dart at a Columbus map and it would hit somewhere that'll make a good investment. I invest locally here and the MTR and LTR is a great strategy.

  • Property Manager · Columbus, OH · Member since 2021 · 66 posts · 121 votes
    3y

    @Aruna Abdool

    Hi Aruna, I own a property management company in Columbus. A lot of our owners have success investing in Hilltop, Franklinton, and Linden in terms of LTR. Section 8 rents in Columbus have gone up to meet market rates in these areas. I personally own LTRs in these areas as well.

  • Property Manager · Member since 2023 · 2 posts · 7 votes
    3y

    @Aruna Abdool 

    Hello Aruna, I work for a property management company in Columbus, OH. To do an MTR you should be around a hospital.

  • Brandon GoldsmithBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2020 · 1k+ posts · 1k+ votes
    3y

    Most of the mid-term rentals seem to be near the hospitals in Columbus. There a re a decent amount of emerging neighborhoods around them like Southern Orchards, Old Oaks and Olde Towne East. @Aruna Abdool

  • Columbus, OH · Member since 2025 · 25 posts · 30 votes
    1y

    Steven- thank you for your insights. I’m in Columbus and exploring MTRs as my first investment strategy. Curious: if you’re still investing here, have you seen a particular tenant type (e.g. traveling professionals, contractors) perform better lately? Your perspective would be a big help! 

Join the conversationCreate a free account to reply, vote on answers and follow this thread.