Quote from @Tarek Belal:
Hi all! For those investing in OH, if you're primary goal is cash flow, looking at small multi-family, would you invest in Columbus or Cincinnati ? Pros / Cons of each ? I see both are started to get oversaturated with investors. Thank you!
Hi Tarek! I would recommend Columbus Ohio over Cincinnati for a few reasons! The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here. For example Intel headquarters, Google, FB, Amazon, Nationwide, Honda, Anduril, Microsoft, LG, and many more. Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and there's amazing appreciation potential. Lastly, the price point is still very cheap here in the sense that you can still find investment deals that hit the 1% rule for 120-180k!
Meanwhile, Cincinnati does have mostly stagnant population and job growth and companies aren't rushing to build and develop here. As a real estate investor, you should definitely focus on investing where the building and development is at (Columbus Ohio). Happy to connect and answer any questions you have!