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Updated almost 3 years ago on . Most recent reply

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17
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Joshua Thang
  • Accountant
  • Los Angeles
13
Votes |
17
Posts

First Time Rental in Cincinnati

Joshua Thang
  • Accountant
  • Los Angeles
Posted

Hello,

I was looking to invest in Cincinnati in the first time. I saw a property in North Fairmount that looks pretty attractive from a ROI and rent to value ratio but has very high crime rates (which explains the attractive numbers). Just wanted some confirmation who understands the Cincinnati market well that North Fairmount is a place I should avoid investing in or is it worth taking a risk on? I understand Clifton, Hyde Park, Northside, Over-the-Rhine, and Pleasant Ridge are more of the desirable neighborhoods for rental properties which also explains the more expensive properties.

TY in Advance!

Joshua

Most Popular Reply

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14
Posts
18
Votes
Alvin Roehr
  • Real Estate Agent
  • Cincinnati
18
Votes |
14
Posts
Alvin Roehr
  • Real Estate Agent
  • Cincinnati
Replied

I'd stay away from north Fairmount especially for your first property. id say a place like norwood, pleasant ridge, silverton would be more desirable. You could maybe find a place that's move in ready, generates a good ROI and attracts tenants in one of those locations.

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