What's the deal with Ohio?

Buying & Selling Real Estate
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What's the deal with Ohio?

Billy Daniel
Rental Property Investor · Russellville, AR · Member since 2014 · 688 posts · 509 votes

It seems that every time someone posts about where to invest, the floodgates open and the Ohio investors overrun the discussion.  Have I missed something in the last few months?  Why is it so trendy right now?

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Remington LymanBusiness Member
Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
3y
Quote from @Arsen Atanasovski:

Well my opinion I would watch out for those Ohioans they might be a little bummed out because of OSU losing twice just saying…….:)


 They need a downvote option

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  • Michael Wentzel
    Investor · Colorado Springs, CO · Member since 2013 · 643 posts · 280 votes
    3y

    We have properties in Pueblo, Colorado and in NE Ohio. The property taxes seem to be higher in Ohio and we have had trouble finding good property management. But the purchase price to rent ratios are good and we don't seem to have a problem keeping them rented. It is a good place for new investors to learn and make mistakes with smaller amounts of cash.

    Mike

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  • Bob S.
    Real Estate Consultant · Cleveland · Member since 2020 · 6k+ posts · 3k+ votes
    3y
    Quote from @Mike Dymski:

    Those replies are advertisements from the OH turnkey providers.


     Hmm for good reason, where else could you have purchased ( 6 7 ,8 9 years ago) a SF in a decent area for all in about 35kish, with 1k in rent thus 25% net cap or more, and now the value is 100k or more, What about MF for 5 10k per unit, now 45- 70k per unit. There is a reason people from around the world literally, invest in the Cleveland markets  

    All the best 

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  • Harrison Chow
    Real Estate Agent · Columbus, OH · Member since 2019 · 292 posts · 364 votes
    3y
    Quote from @Billy Daniel:

    It seems that every time someone posts about where to invest, the floodgates open and the Ohio investors overrun the discussion.  Have I missed something in the last few months?  Why is it so trendy right now?


     because it is a great place to be in!! :) 

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