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All Forum Posts by: Mike K.

Mike K. has started 1 posts and replied 4 times.

Post: Best growth potential neighborhoods in Columbus for a first time investor?

Mike K.Posted
  • Architect
  • Columbus, OH
  • Posts 4
  • Votes 7
Quote from @Zac Mckenzie:

Hey Mike, your looking in the transitioning areas for sure. Maybe take a look at Driving park and Northern Karns park, you could also mix in some Old Oaks and King Lincoln for fun. If you looking in Milo Grogan just know that the west side of 71 will have Higher values then the east side. We have Bought renovated and sold in all of these areas as an Investor as well as a GC for for our clients. Let us know if we can help, Best of luck.

Thanks!  Yes I figured a transitioning area would be my best bet as a first time investor, because of the lower barrier to entry.  But ideally in a neighborhood that will be "hot" in five years as opposed to 20 years.

But I will take a look in those areas as well! Thanks for the tip!

Post: Best growth potential neighborhoods in Columbus for a first time investor?

Mike K.Posted
  • Architect
  • Columbus, OH
  • Posts 4
  • Votes 7
Quote from @Brandon Goldsmith:

All of the neighborhoods you just mentioned is what I would say. Hungarian village is the furthest out for development but it will get there eventually. Have you developed before? @Mike K.


 I've worked primarily with developers over the last six years, but this would be my first time doing it myself.  I've been doing a lot of reading on the topic and talking to other architects who've gone down this route, but I'm trying to go in with as much information as possible

Post: Best growth potential neighborhoods in Columbus for a first time investor?

Mike K.Posted
  • Architect
  • Columbus, OH
  • Posts 4
  • Votes 7

The plan would be to hold.  Live in one unit and rent the remaining out.

Post: Best growth potential neighborhoods in Columbus for a first time investor?

Mike K.Posted
  • Architect
  • Columbus, OH
  • Posts 4
  • Votes 7

Looking to develop my first small multi family (2-4 units) project and am curious as to what the trends are in Columbus.  What neighborhoods have some of the best growth potential?

I've heard Old Town East, Eastern Franklinton and Milo-Grogan are potentially up and and coming neighborhood districts.  But I'm also curious about areas like Hungarian Village, Southern Orchards.

I'm an architect with a little experience general contracting.  I am also hoping to live in one of the units I build to sort of house-hack this rental property.

I'm new to the world of real-estate investment, so any insight is welcomed!  Even if its just help directing me where to look to find information I need.  Thanks in advance!