All Forum Posts by: Nahon Torres

Hi. I live in New Jersey and looking to be an out of state investor looking for a good combination of cash flow and appreciation; I am considering either Cleveland or Columbus. Any feedback on either city is greatly appreciated!!!

Properties in Cleveland have a tendency to meet or exceed the 1% rule. Cleveland is also going through an expansion that could lead to appreciation in the future. There are also areas to watch out for safety-wise that offer lower price points.

Columbus prices are rising quicker than Cleveland as the city is experiencing a great amount of investment and development. Cash flow will be less, but appreciation will be higher.

Both are great long-term markets to get into!

Thanks!

1 Vote

Cleveland, Ohio

Quote from @Jimmy Lieu:

Quote from @Nahon Torres:

Hi Nahon, I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here. Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy). I really see Columbus Ohio as an extremely safe bet for the next 10-20 years. Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio. As a local investor and agent here in Columbus, let me know if you have any questions or want to connect!

Thanks for the feedback!

0 Votes

Cleveland, Ohio

Quote from @Alecia Loveless:

@Nahon Torres I think Cleveland may have a lower price point for entry while Columbus has more planned future growth and potential for long term appreciation with the current plans of companies moving there in the coming years.

thanks for your input!

0 Votes

Cleveland, Ohio

13 Votes

Cleveland, Ohio

All Forum Posts by: Nahon Torres

Nahon Torres has started 1 posts and replied 4 times.

Post: First time out of state investor - Cleveland or Columbus?

Post: First time out of state investor - Cleveland or Columbus?

Post: First time out of state investor - Cleveland or Columbus?

Post: First time out of state investor - Cleveland or Columbus?