Looking at Columbus OH For Rentals

[Account Closed]

I'm considering Columbus OH for my next set of rentals. I've heard that properties are affordable, the city is family friendly, the city is growing and is a better choice than many mid west cities when it comes to crime.  

There are a few things that I've heard that I'm concerned about though before I take the plunge

1. The city is said to have high taxes, both on properties and on income, which offsets the low entry costs and properties may not cash flow.

2. Winters can be very cold and can have an impact on capital expenses and that can eat into revenue

3. Columbus voted 65/35 for Biden, has a liberal lean and to expect taxes to go up and restrictions on landlords to increase.

For you real estate agents in Columbus, is that your experience?  I'm considering the Upper Arlington area.

[Remington Lyman]

Originally posted by @Account Closed:

I'm considering Columbus OH for my next set of rentals. I've heard that properties are affordable, the city is family friendly, the city is growing and is a better choice than many mid west cities when it comes to crime.  

There are a few things that I've heard that I'm concerned about though before I take the plunge

1. The city is said to have high taxes, both on properties and on income, which offsets the low entry costs and properties may not cash flow.

2. Winters can be very cold and can have an impact on capital expenses and that can eat into revenue

3. Columbus voted 65/35 for Biden, has a liberal lean and to expect taxes to go up and restrictions on landlords to increase.

For you real estate agents in Columbus, is that your experience?  I'm considering the Upper Arlington area.

Out-of-state investors that get started in Columbus, Ohio rarely start out in Upper Arlington. Prices are high there so properties rarely cash flow. Most investors start off in Whitehall, Linden, or Hilltop.