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All Forum Posts by: Danny Wood

Danny Wood has started 0 posts and replied 2 times.

Post: Air Bnb Rental Arbitrage

Danny WoodPosted
  • Rental Property Investor
  • Cincinnati, OH
  • Posts 3
  • Votes 6

Interesting topic here. I am a landlord in Cincinnati, Ohio. I have a 4 unit building that is roughly 15 mins from downtown in a solid B/B- neighborhood. Interested in converting my units into this type of model if the right group presented a viable proposal. I ran an Airbnb in a SFR in Cincinnati and it did extremely well. Feel free to reach out to discuss opportunities.

Post: Franklinton, 43222 zip code

Danny WoodPosted
  • Rental Property Investor
  • Cincinnati, OH
  • Posts 3
  • Votes 6

Hi, Amit. 

You may find my vantage point to be valuable as I am a self proclaimed 'live in case study' in this area. I moved to Columbus last summer to start dental school at OSU. I didn't want a mortgage payment so I bought in a neighborhood (Franklinton) that would be affordable and allow me a short commute to school. 

I live on Chicago Ave, which is considered West/North Franklinton. I own two properties on the street, one which I live in and the other is a duplex that is scheduled for rehab this summer. As a young professional I stick out like a sore thumb on this street; however, it doesn't bother me because I'm here for a reason. 

After a year here, I have found that there has been positive signs of growth in the area and I haven't had any crime issues so far (knock on wood). I have a great security system and keep a lookout for people that shouldn't be around the area. Encouragingly, the police have been a visible presence. 

In a nutshell: like someone said in another post, Franklinton is desireable on a street by street basis. I believe that if you build it "they" will come; "they" being the types of people like myself who want to be close to downtown and work/school and have a tough skin not to be intimidated by crime stats, or the occasional cop chase. 

The more people that have a vision and tough skin to see it happen will reap the rewards that I believe this area will and can provide an investor. 

Regards, 

Danny Wood