Updated about 5 years ago on . Most recent reply
Is Farm Land Rental Business Better than Home Rental?
Hi Everyone,
I am a new investor looking for rental properties in Central Ohio. I want to decide if I should go for a farm land or a multifamily home in this area.
Thanks
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Henry Clark
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Henry Clark
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From Iowa.
Rental per acre $180; $7,000 per acre= 2.8% before property and income taxes. Assuming you paid cash for the land.
Update for Central Ohio; then compare to returns you might make on MFH.