All Forum Posts by: Harman N.

Hi all,

According to the Columbus housing page on usa.com, there are 14K units in 2-unit buildings = 7K duplexes, and 36K units in 3-4 unit buildings = 9-12K triplexes/quadplexes. However, when looking at properties sold in the past few months in Columbus, there are many more duplexes than triplexes/quadplexes.

What's your experience on relative volume of duplexes vs triplexes/quadplexes? Also, is there a site that allows you to filter on # of units? The common real estate search sites don't have this feature.

- Harman

Fantastic information, thanks @Remington Lyman & @Brandon Sturgill!

I'll reach out to him -- thanks for the heads up!

Thanks for the info and the tip! I've been looking at recently sold places but one challenge I've run into is that the housing stock doesn't seem to be very homogeneous. Especially in C neighborhoods, properties really run the gamut in terms of condition from complete dump to completely renovated. So it makes harder to build the intuition. That just means I need to spend more time though :-)

Thanks everyone for the warm welcome! Looking forward to connecting with y'all individually as well. 

Have spent most of the weekend looking into different neighborhoods. Definitely a lot of development and revitalization going on in Columbus!

Hi all,

What price per unit and/or rent range would you consider as a B, C neighborhood in Columbus? 

- Harman

I'm in! Will RSVP on the Meetup page too

Hi everyone,

I'm an out of state investor from San Francisco looking to invest in Columbus.

When the cost to add just a small 450 square foot studio apartment to my duplex in San Francisco came out to be more than the median home price nationwide, I realized I should find another state to invest in! So I started researching different markets across the country and Columbus fit all my criteria for steady growth (emphasis on steady!), diversified economy, affordability, etc. I'm looking to invest in small multifamily (2-4 unit) properties. 

I'm visiting the city weekend of November 8 to check out different neighborhoods. In advance of that, would love to connect with locals and investors and talk shop!

- Harman

Hi all,

What are the pros and cons of large vs smaller metro areas for out of state investing?

I would think larger markets would have more inventory, be more dynamic and diversified in their economies, more (and maybe higher quality?) professionals of all sorts (agents, contractors, property managers). But larger markets would also potentially have more competition, and harder to get your foot in the door..

Hi all,

1) How do you factor weather in looking at different markets? I would think any rehab/construction during winter in cold weather markets would be very difficult (if at all possible), and logistically even more so when managing from out of state..

2) How do you weigh smaller markets vs larger markets? Larger markets would have more inventory, be more dynamic and diversified in their economies, more (and maybe higher quality?) professionals of all sorts (agents, contractors, property managers). But larger markets would also potentially have more competition..