the other option i have is build a 3 car garage and out a one bedroom apartment on top that ill rent for about $1500 a month.The garage price would be about 100k to fo but could make 18k a year.The land is $130kWhat do you all think is the better strategy?

Hello,I have a building with a flat roof which needed to be replaced. 

Flex buildings. 

We are inheriting tenants in the upstairs apartment and need to present them with a fresh lease. 

what I'm telling people about hilltop is the only reason it's going up is because of the average housing price in columbus being pushed and the lack of inventory. when I started I'd have bought here too. if I was going to invest here I'd look at houses built after 1947 without knob and tube wiring, etc. the old housing is the problem. we are building now in downtown adjacent. land is a buyer's market and it's much less competitive and easy to get the numbers to work. there is very little construction in 43204 and I've transitioned to new construction triplex now with entitlement and larger multifamily projects feel free to message or call anytime. personally, l like new construction in 43203, 43205, 43206, 43223, 43222 right now and obviously 43215 which you have to have at least 600k in cash to get the land to entitle and want to build at least 100 units to make it worth it. 

Plus be a part of a community.

As we reflect on the challenges faced during the financial crises of 2007-2012 and draw parallels to the current market conditions of 2024, one concept stands out: the “Missing Middle.”The term “Missing Middle” refers to the scarcity of housing options between single-family homes and large-scale apartment complexes.

High BP, I’m very new yet have had years of credit cards, building credit and working on consolidation. 

Thank you, increase the number of units and lower your average housing cost per unit. 180k for 1500 in rent doesn't' work. all in triplex we can build with land for 400k with our margin and land and entitlement that rents for 5400 a month in columbus.

In response to these challenges, a notable trend has emerged: the Build-to-Rent (BTR) phenomenon.