Central Ohio (Columbus and suburbs)

[Aditya Akella]

Hi, 
I am new to Ohio realestate market. I spent a good couple of weeks going around Delaware County New Albany, Westerville, New California areas. I really dont see any good multi-family that i can buy off-market. If anyone one here can help me get the deal i am very much interested and can meet for coffee to discuss.

goal: ideally atleast 4-plex ( will settle for a good duplex). School ranking >6( negotiable ), property not older than 1967. Dont mind some work to be put into the property or the tenants :).

Love: Drop and Swap/ Seller financing (36-48 months, ideally around 10% down).

Regards,

Akella.

[Bonnie Low]

Quote from @Patrick Drury:

@Aditya Akella
I recommend areas like Hilltop, Linden, Eastmoor/ Whitehall, and Franklinton. These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable. Out of these areas, Franklinton and Linden are seeing some of the most developments. With things like the ONE Linden plan in Linden, which is a 50M plan to improve the neighborhood. Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed. Franklinton has been seeing lots of developments like the completion of Gravity Phase 1 and phases 2 and 3 on the way. As well as coffee shops like Bottoms Up Coffee are moving in and small microbreweries like brew dog and land grant.

I'm interested in Columbus, too, but for SFH to rent as a midterm. I know it's been a great market in general, but I really appreciate your insider's understanding of what's going on in the area as that is critical. I'd love to pick your brain about areas of Columbus that may fit my particular strategy. I'll send you a message.