Market for Medium-Term - Columbus vs Cincinatti vs Troy, NY

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Market for Medium-Term - Columbus vs Cincinatti vs Troy, NY

Benjamin Hirsh
Member since 2020 · 40 posts · 16 votes

Hi
We are trying to choose a market for MTRs - we are between Columbus, Cincinnati, and Troy, NY.
Very tough to determine a market for MTRs specifically because of the difference in strategy from STR/LTR. Can anyone provide insight whether it is in general or for those specific markets?
TIA

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

Hi
We are trying to choose a market for MTRs - we are between Columbus, Cincinnati, and Troy, NY.
Very tough to determine a market for MTRs specifically because of the difference in strategy from STR/LTR. Can anyone provide insight whether it is in general or for those specific markets?
TIA


 I can chat with you about this

[email protected]614-541-8475Podcast Guest on Show My Job Laid Me Off, So I Replaced My Salary with Rentals
Reafco512 Reviews
WebsiteView Page
1Reply
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  • Remington LymanBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2017 · 6k+ posts · 7k+ votes
    3y
    Quote from @Benjamin Hirsh:

    Hi
    We are trying to choose a market for MTRs - we are between Columbus, Cincinnati, and Troy, NY.
    Very tough to determine a market for MTRs specifically because of the difference in strategy from STR/LTR. Can anyone provide insight whether it is in general or for those specific markets?
    TIA


     I can chat with you about this

    [email protected]614-541-8475Podcast Guest on Show My Job Laid Me Off, So I Replaced My Salary with Rentals
    Reafco512 Reviews
    WebsiteView Page
    1Reply
  • Alfath AhmedBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
    3y

    Columbus has a ton of potential near Nationwide Children's Hospital in Old town east or King-Lincoln Bronzeville or you could always target OSU Wexner Medical Center and buy in Short North Arts District. 

    Let's connect and I can definitely help you choose a good location.

    [email protected]614-802-5698
    ReafCo | Ahmed Group 530 Reviews
    WebsiteView Page
    1Reply
  • Jimmy LieuBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
    3y
    Quote from @Benjamin Hirsh:

    Hi
    We are trying to choose a market for MTRs - we are between Columbus, Cincinnati, and Troy, NY.
    Very tough to determine a market for MTRs specifically because of the difference in strategy from STR/LTR. Can anyone provide insight whether it is in general or for those specific markets?
    TIA

    Hey Benjamin, I'm an investor and agent here in Columbus Ohio and work with tons of clients who are doing the STR/MTR strategy here! It's a great location because you're nearby tons of hospitals and Ohio State University.I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here. Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy). I really see Columbus Ohio as an extremely safe bet for the next 10-20 years. Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio. As a local investor and agent here in Columbus, let me know if you have any questions or want to connect!
    [email protected]614-300-7535
    Jimmy Lieu, Red 1 Realty4.9120 Reviews
    WebsiteView Page
    0Reply
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