All Forum Posts by: Nicholas Misch

No disrespect meant for Dayton. I agree with Michael and Austin. These are emerging excellent markets. They are especially attractive to less seasoned investors because of the low entry bar. Here is a reprint of rent o meters Dayton and other cities average rent 3 bedroom SFH. Good luck.

Summary

This report highlights the average rent for three-bedroom (3-BR) single-family rentals (SFR) in five select Ohio cities from Q1 2021-2022: Cincinnati, Cleveland, Columbus, Dayton, and Toledo.

Methodology

Geography: The scope of this analysis is five cities in the state of Ohio.

Property Type: Three-bedroom (3-BR) SFR with all bathroom counts.

Analysis: The data collected shows year-over-year change in average rent from Q1 2021 to Q1 2022.

Data: Includes data collected and updated between January 1st and March 31st for 2021 and 2022.

@Nicholas Misch I am able to get financing. What would you consider nice from a price point perspective? (Looking into CLE)

Thank you! I will be investing OOS. CA os saturated and a lot of institutions are purchasing. I have been looking at Columbus, Cincy, and Cleveland 

@Nicholas Misch, would you send me your recommendation for a good PM in Akron as well?  I am considering a house in that area.  Thanks!

Hello biggerpocket family I'm trying to figure out how to get the latest probate list for Cuyahoga County in Cleveland Ohio.

Anybody investing around the Cuyahoga County that knows how to get access to it. I Usually don't go after a probate list but just wanted to give it a try and see what Results I get from it.

Anybody investing around that area let's network as well.

@Cody Dawson
As you mentioned depending on how you structure your STR management company you shouldn't even need a broker. If you operate through Airbnb the owner can collect the revenue and all you do is supply guest services if you are not collecting revenue and change for services rendered. I would beg to differ on the remark that it's not attractive to passive investors. A co-worker of mine @Marc Rice does the exact same thing with around 100 doors and people beg him in Columbus to take on their properties and are glad to partner with him on deals because of his expertise. I don't think investors will be turned off by that. If you are really good at what you do people will throw money at you and want to partner with you/ invest in you. As always consult with a local attorney maybe things are different in Cleveland than in Columbus.