Updated about 9 years ago on . Most recent reply
Price Hill, Cincy Deal
Dear Biggerpocketers....
I am looking for information, opinions, experiences and any useful info on Price Hill Cincinnati area. I have a deal that looks really good on paper and am working with a very locally knowledgeable realtor - but I am seeking advice from experienced people either from the area or that have invested in the area.
The property is located between the two main streets (Glenway Ave and Warsaw Ave.,) and close to Grand Ave on the East Side of Price Hill. If you look at trulia maps, it is borderline on the high crime zone, but marked as low crime.
I would like to hear your opinions on that micro-area, general info, vacancy, crime, how easy it is to attract tenants, demographics, etc.
Thanks.
Leo.
Most Popular Reply
@Leandro Rodriguez Hey- from Cincinnati here. Lots of deals look good on paper in that area, and it seems a lot of non-Cincinnati natives on BP focus on it. Generally speaking, the area is not trending up. This is not an appreciation play. If you have good cashflow and can manage tenants properly, then the deal may make sense. There are areas in Cincy that are trending up, and this area is not it.
If your OBJECTIVE is to buy in low working class and Section 8 areas for cash flow, then you're in the right area. If you're looking for stable C areas ... you're probably in the wrong location. Just want you to be aware. Don't be mislead by Trulia's crime stats.