anyone have any thoughts on investing around the EV factory boom?

[Joseph Chacko vellukunnel]

Hi BP,

I'm a rookie OOS investor looking for a stable rental property investment in this market (ha ha). Bought a few properties a couple of years back in NJ, and things have been good so far (osituve cashflow, appreciation). I've been reading up on the EV factory boom in Ohio, and homes in Colombus seem to fit in my budget, and also offer good upside potential in the 5yr+ time horizon.  wanted to come to BP and see if others with more experience have good wisdom to share around this topic.

1.Does anyone have any tips for out of state investing in Columbus?

2. Any thoughts on investing around factory/ industry boom cycles ( types of Housing, distance to plant, budget range, etc)?

3. Any other factors that I should consider in my scenario planning/ estimates? 

cheers!

jc

[Remington Lyman]

Quote from @Joseph Chacko vellukunnel:

Hi BP,

I'm a rookie OOS investor looking for a stable rental property investment in this market (ha ha). Bought a few properties a couple of years back in NJ, and things have been good so far (osituve cashflow, appreciation). I've been reading up on the EV factory boom in Ohio, and homes in Colombus seem to fit in my budget, and also offer good upside potential in the 5yr+ time horizon.  wanted to come to BP and see if others with more experience have good wisdom to share around this topic.

1.Does anyone have any tips for out of state investing in Columbus?

2. Any thoughts on investing around factory/ industry boom cycles ( types of Housing, distance to plant, budget range, etc)?

3. Any other factors that I should consider in my scenario planning/ estimates? 

cheers!

jc

I have been buying rental properties in Columbus, Ohio for the past 6 years. Reach out if you have questions.

Columbus is very drivable so wherever you invest in the city is going to support workers commuting to these new jobs coming it