All Forum Posts by: Prasad Raju

@Ryan Ingram.  Thanks for the mention. 

Majority of those are in rougher areas (at least in the Cincinnati). However some are starting to see change (Avondale).  Now the change could provide a lot of upside, but it maybe years before it sees the major change.  It would depend what your looking for (Cash flow vs appreciation)  

Outside of the Norwood areas, I wouldn't purchase in those areas, if you are investing for quicker appreciation.  Most of those areas will keep consistent on the appreciation, but should see some good cashflow.  The more risk you take, the more reward you can see.  However there is always the downside too.  

The other obstacle for Cincinnati is property managers.  I personally have not seen to many great property managers.  I have seen a lot of out of state investors leave because of the low quality.  I network a lot of with real estate investors (in state and out).  I have a couple that I think do a pretty good job, but their prices are higher.  Even though their prices are higher, I believe their quality is much better. 

Ooh really? I'm looking to buy my first rental property and looking for a turnkey. Is there a turnkey company you recommend in that area? 

Germantown would have my vote, but that’s because I’m primarily only familiar with Montgomery County. All of my rentals are here in Montgomery County, and it is also where I live and work. 

There are several other great investors and resources on here to help with the Cincinnati market. @Phillip Weickert being one of them.

However, I’d highly suggest exploring the Dayton market before buying any of those properties. Depending on your strategy, your return will be a lot better here in Dayton. There are still a lot of deals out here that meet the 2% rule.