1st time investor looking for 4 to 8 Multi Family - Dayton Ohio.

2 Replies

Hei Everyone,

Great to be a part of this platform.

Leave in Los Angeles and l am a Real Estate Agent. Been Ca is so expensive and most units are at least 600K don't have enough rents to make ROI. You pretty much have to have too much down to gain back any ROI.

 l am flying to Columbus Ohio to meet a friend tonight and will be driving to Dayton Ohio to look for investment property, 4 units multi-apartment with good cash flow up to 250K or less.

Already have 30 yr financing approval with 20% down.

This is a big step for me. l have about 80K saved ready to go. Will be in Columbus for a day. Thursday in Dayton Ohio and back early morn by 8:30 am back to LA.

Sorry, this is short notice, l would like to meet up with agents who can show me any good 4 units that already have good paying long term tenants.....almost clean property. Since its, my 1st time will not be able to be there for clean up. Prefer 2 bedrooms 1 or 2 baths each or a mixture of l bedroom and 2 bedrooms.

If l can get 8 to 9 units would be best. 

Also possible good management company.

Thanks so much.

Good morning Aku, Hope that you packet some heavy duty winter gear! I'm an investor focused agent here in Columbus Ohio. Most properties that meet your 4 unit criteria are "curb offers only" here in Central Ohio. I'm sure we could add value and help with your RE goals. Always here to assist if time permits on your short trip.

Originally posted by @Aku Thomas :

Hei Everyone,

Great to be a part of this platform.

Leave in Los Angeles and l am a Real Estate Agent. Been Ca is so expensive and most units are at least 600K don't have enough rents to make ROI. You pretty much have to have too much down to gain back any ROI.

 l am flying to Columbus Ohio to meet a friend tonight and will be driving to Dayton Ohio to look for investment property, 4 units multi-apartment with good cash flow up to 250K or less.

Already have 30 yr financing approval with 20% down.

This is a big step for me. l have about 80K saved ready to go. Will be in Columbus for a day. Thursday in Dayton Ohio and back early morn by 8:30 am back to LA.

Sorry, this is short notice, l would like to meet up with agents who can show me any good 4 units that already have good paying long term tenants.....almost clean property. Since its, my 1st time will not be able to be there for clean up. Prefer 2 bedrooms 1 or 2 baths each or a mixture of l bedroom and 2 bedrooms.

If l can get 8 to 9 units would be best. 

Also possible good management company.

Thanks so much.

 Dayton is much more of a cash flow unit and I wouldn't want to be paying more than 30k a unit there. In columbus that price goes up to about 50-55k per unit on a larger scale Class C stabilized investment. Are you looking in just Dayton or Columbus too? feel free to shoot me a PM to and we can chat further! Either way i'm sure I can add some input 

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