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Updated almost 3 years ago on . Most recent reply

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Ruby Oliver
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Newbie investor looking for a market.

Ruby Oliver
Posted

I was wondering if Baltimore, MD was a good place to state wholesaling? I'm new and trying to figure out what market to pick. It looks like there are a lot of cashbuyers in that market. Would that make it hard to find someone who is trying to sell their home off market? should I  pick a smaller city?

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Joshua Janus
  • Realtor
  • Cleveland, OH
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Joshua Janus
  • Realtor
  • Cleveland, OH
Replied

I would look into wholesaling in Columbus, Ohio. There are cash buyers and investors all over the country that buy here. 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. 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/

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

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