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Updated about 3 years ago on . Most recent reply

Want to connect with Dayton, Cincinnati, Indianapolis investors
Hi everyone,
I am researching to begin long-distance investing in duplexes or SFHs for long term buy and hold investing. I live in a more expensive market so have been focusing on the mid-west for price. Monthly cash-flow rather than appreciation. My hope would be to buy 5+ doors in one city then likely move to a next. At this point I am having some trouble narrowing it down to 1-2 cities (which I plan to visit to make my final choice), as cities that seem to have more economic health also seem to be slightly (but maybe not) out of my price range. I am focusing in on Cincinnati, Indianapolis, and Dayton at this point. Is Dayton too much in decline? Any long-distance or local Dayton investors that can give me some perspective? Any Cincinnati or Indianapolis investors willing to connect and share expertise?
Thanks!!
Lisa
Most Popular Reply

Great choice narrowing it down to Indianapolis, we invest heavily in the greater Indianapolis area and have seen some awesome returns. All signs point to that area continuing to appreciate and various analytics also point to that as well (CBRE has Indianapolis as #1 for business infrastructure in 2019 for example) and we have seen rent increase by over 8% in 2021!
Good luck to you :)