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.
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.
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.
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!
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.
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.
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!
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!