All Forum Posts by: Jung-Jin Shim

I've been searching for rental properties in Columbus for months, but I've noticed that it's extremely difficult to find a property that's profitable with high interest rates and already significantly increased property prices. Some say there are still opportunities in Columbus since it's growing, but I'm unsure if investing with the hope of future appreciation is a good idea when current cash flow is very weak. Some suggest investing out of state for better cash flow, but that's not an option for me at this time.

Recently, I ran into a realtor who suggested mid-term rentals to construction workers as a more profitable investment model. She mentioned that she's doing it herself and finding it very profitable. Before taking any action, I'd like to research whether this model is truly profitable and feasible. Has anyone done this or heard about this type of rental? How do I attract construction workers as tenants? How does this differ from long-term rentals or mid-term rentals for travel nurses?

Thank you!

Thank you so much for your answers. I was wondering if you have any bottom line in terms of an initial cash on cash return.

Hello, I am new to a real estate investment. I’ve run some numbers with a current real estate listing, but it seems hard to find a house with positive cash flow. Even if I found one, the cash on cash return is very small. I understand Columbus is a highly appreciated area, but do you think it is still worth investing with the small cash on cash return (sometimes 0)  if appreciation is expected? Is it worth going through when the average yearly rate of s&p is about 10%, which is pure passive income? Thank you,