All Forum Posts by: Heshel Mangel

Yea, I'm talking about the areas closer to the hospital. From MLK & Reading up to Forest Ave. 

Also just a general question about how to catch these tides at the right time.

Sellers keep talking about how Avondale has turned the corner and will continue to improve in the coming years. They keep pointing to all the investments going on and around Children's Hospital, and UC. At the same time, it seems like same old same old in relation to basic fundamental metrics like crime, poverty, population and job growth. 

I'd love to start a discussion here on those that are pro/against investing in the Avondale area, and more generally, at what point can one say "this area is improving". Hindsight is 20/20 and everyone is looking for the next OTR. How can you find the tide early enough to make money but not be a speculator and gambler? 

@William Durel Yessir! Check out @Joe Fairless Best Ever meetup in Deer Park the last Tuesday of every month, and check out the GCREIA, they have meetups and seminars all the time. 

@Tyler Dunlap Cincinnati is a tricky city as a lot of neighborhoods are street by street. In general, people tend to consider the area east of I-75 as more appreciation friendly, and west of I-75 as cash-flow friendly. 

Check out the monthly meetup hosted by @Joe Fairless in Cincinnati, as well as the Greater Cincinnati REIA.

Brandon, there are so many in the exact same shoes as you so don't feel alone. BP is a great place to network and learn more strategies, connect with great people who can get you off and running. 

I'd suggest a few different ways to get involved: 

Partner with family and/or friends to flip a couple houses to raise capital - you can get financing from Hard Money Lenders who will fund majority of the purchase and construction. 

Partner with said friends/family to buy a small multi-family and rent it out. 

Find a great deal and pitch it to your network, offer them a preferred rate of return and profit share. Better a small piece of a deal then no deal. 

Show your value in your hard work and effort.. eventually the money will follow. Or so they say ;) 

Good luck! 

Most famous question! When you get the answer let us know 

Gonna go ahead and give a shoutout to @Paul Sian. He is great especially for OOS investors. 

@Matt Madar Price Hill is tricky. I would suggest you speak to a few PMs and Agents who specialize in that area. It really depends where in that area. Some do say that it is slowly up-and-coming, but who really knows. Much success!

@Derek DeVerna This is great! I am sure it gave you lots of experience in the rehab process.

How long did it take to rehab? Were you still living in Cincinnati during the process, or was this done out of town?