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Updated almost 2 years ago on . Most recent reply

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Frankie Perez
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Im a Florida investor interested in the Ohio market.

Frankie Perez
Posted

I’m looking for a new market to buy and hold properties were the rent meets the 1% rule or close to. Any broker or realtor in Cincinnati that can shed some light in this subject? Much appreciated.

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Marc Rice
  • Real Estate Agent
  • Columbus Cleveland Dayton, OH
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Marc Rice
  • Real Estate Agent
  • Columbus Cleveland Dayton, OH
Replied
Quote from @Frankie Perez:

I’m looking for a new market to buy and hold properties were the rent meets the 1% rule or close to. Any broker or realtor in Cincinnati that can shed some light in this subject? Much appreciated.


 Cincinnati, Dayton, and Cleveland should have the most cash flow but you can find some great cash flow and appreciation hybrid properties in Columbus. Be careful on the C/D class "cash flow hamster wheel" where you turn over the units every 6 months due to evictions, and have them sit vacant for a while waiting for good tenants, and have to keep fixing them up to attract decent tenants.

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