Canadian looking to invest in Ohio

Toronto, Ontario
New Member Introductions
1yFollow

Canadian looking to invest in Ohio

NA Lewis
Toronto, Canada · Member since 2024 · 4 posts · 9 votes

Hello All and happy holidays!

Excited to learn and get insight on investing in a new market. We are looking to invest in multi family properties in Dayton, Toledo, Cleveland or Columbus Ohio. Happy to make acquaintance with any agents or experienced investors in these markets.

Thanks

9Reply
33 views

Most Popular Reply

Austin McClainBusiness Member
Real Estate Agent · OH · Member since 2021 · 347 posts · 602 votes
1y

Welcome! Between Columbus and Dayton I've seen these trends. 

Columbus - less monthly cash flow - higher predicted long term appreciation

Dayton - More monthly cash flow - standard expected appreciation

[email protected]614-710-4827
4Reply
See this reply in the discussion

13 Replies

Jump to latestLatest
  • Zeke ListonBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2018 · 1k+ posts · 1k+ votes
    1y
    Quote from @NA Lewis:

    Hello All and happy holidays!

    Excited to learn and get insight on investing in a new market. We are looking to invest in multi family properties in Dayton, Toledo, Cleveland or Columbus Ohio. Happy to make acquaintance with any agents or experienced investors in these markets.

    Thanks


     Happy Holidays NA! Each of those cities have their own pros and cons but I can speak to the Columbus market. I own over fifty units here, and overall, I've been happy with my portfolio. You'll likely need to be in a C/C+ neighborhood to find the 1% rule, but you can still break even or sometimes get some slight cash flow in the B neighborhoods of Columbus. My favorite C/C+neighborhoods to invest in are Linden, Whitehall, Franklinton, Driving Park, and Eastmoor, to name a few. Good luck! 

    [email protected]614-665-5793
    Forge Real Estate Advisors535 Reviews
    View Page
    4Reply
  • Austin McClainBusiness Member
    Real Estate Agent · OH · Member since 2021 · 347 posts · 602 votes
    1y

    Welcome! Between Columbus and Dayton I've seen these trends. 

    Columbus - less monthly cash flow - higher predicted long term appreciation

    Dayton - More monthly cash flow - standard expected appreciation

    [email protected]614-710-4827
    4Reply
  • Jimmy LieuBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2019 · 3k+ posts · 2k+ votes
    1y
    Quote from @NA Lewis:

    Hello All and happy holidays!

    Excited to learn and get insight on investing in a new market. We are looking to invest in multi family properties in Dayton, Toledo, Cleveland or Columbus Ohio. Happy to make acquaintance with any agents or experienced investors in these markets.

    Thanks


    Hi NA, happy holidays and welcome to the BiggerPockets community! While I can't speak for the other markets, Columbus is a solid choice as an investor myself. We've got strong job growth (tech, healthcare, education), stable population growth, strong rental demand, and plenty of value-add opportunities in multifamily. The multi-family scene here is pretty great, with good cash flow and appreciation potential. Happy to connect and answer any questions you may have.

    [email protected]614-300-7535
    Jimmy Lieu, Red 1 Realty4.9120 Reviews
    WebsiteView Page
    1Reply
  • Logan Lambert
    Lender · Kingsville, MD · Member since 2023 · 103 posts · 35 votes
    1y
    Quote from @NA Lewis:

    Hello All and happy holidays!

    Excited to learn and get insight on investing in a new market. We are looking to invest in multi family properties in Dayton, Toledo, Cleveland or Columbus Ohio. Happy to make acquaintance with any agents or experienced investors in these markets.

    Thanks


     Hey NA,

    Awesome to see you are investing in OH. Are you set up with a lender at this point?

    1Reply
  • NA Lewis
    OP
    Toronto, Canada · Member since 2024 · 4 posts · 9 votes
    1y
    Quote from @Logan Lambert:
    Quote from @NA Lewis:

    Hello All and happy holidays!

    Excited to learn and get insight on investing in a new market. We are looking to invest in multi family properties in Dayton, Toledo, Cleveland or Columbus Ohio. Happy to make acquaintance with any agents or experienced investors in these markets.

    Thanks


     Hey NA,

    Awesome to see you are investing in OH. Are you set up with a lender at this point?

    No I am not, definitely need guidance with that.
    0Reply
  • Logan Lambert
    Lender · Kingsville, MD · Member since 2023 · 103 posts · 35 votes
    1y
    Quote from @NA Lewis:
    Quote from @Logan Lambert:
    Quote from @NA Lewis:

    Hello All and happy holidays!

    Excited to learn and get insight on investing in a new market. We are looking to invest in multi family properties in Dayton, Toledo, Cleveland or Columbus Ohio. Happy to make acquaintance with any agents or experienced investors in these markets.

    Thanks


     Hey NA,

    Awesome to see you are investing in OH. Are you set up with a lender at this point?

    No I am not, definitely need guidance with that.

     Hey,

    Shoot me a connection and I can help.

    0Reply
  • Julio GonzalezPro Member
    Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
    1y

    Hi there, welcome to the community! There is a great group of members on here to connect with.

    561-253-6640
    1Reply
  • Linda LabbePro Member
    Investor · North Bay, Ontario · Member since 2015 · 709 posts · 262 votes
    1y

    Happy Holidays All

    We live in Ontario and have been investing in the US for 9 years now. We invest in Toledo and Detroit , We are more then willing to share why and what we have learnt over the years if anyone  wants to chat

    2Reply
  • James Wise
    Real Estate Broker · Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH · Member since 2013 · 30k+ posts · 20k+ votes
    1y
    Quote from @NA Lewis:

    Hello All and happy holidays!

    Excited to learn and get insight on investing in a new market. We are looking to invest in multi family properties in Dayton, Toledo, Cleveland or Columbus Ohio. Happy to make acquaintance with any agents or experienced investors in these markets.

    Thanks


     Holla!

    0Reply
  • Min ZhangBusiness Member
    Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
    1y

    Welcome to BP NA! If you’re looking for appreciation, Columbus is a great choice. You can find a duplex in a C-class neighborhood for about $210k+. On the other hand, if you're working with a lower budget and cash flow is your priority, say under $180k, Cleveland is the place to look. You can pick up a duplex in decent condition in a C-class neighborhood and hit the 1% rule

    [email protected]614-412-2912
    Reafco.512 Reviews
    View Page
    2Reply
  • Account Closed
    Realtor · Cleveland, OH · Member since 2023 · 340 posts · 215 votes
    1y

    Hi, yes Ohio is a good place to invest in the real estate market. Please feel free to reach out with any questions. Thanks!

    1Reply
  • Brittany MinocchiBusiness Member
    Lender · Massillon, OH · Member since 2022 · 1k+ posts · 486 votes
    1y

    Welcome! If you have any questions about Foreign National financing, feel free to connect. Good luck! 

    [email protected]330-354-6590
    Brittany Minocchi - Barrett Financial Group, LLC522 Reviews
    View Page
    0Reply
  • Corey Grindle
    Member since 2023 · 1 post · 1 vote
    1y

    Happy Holidays! I can't speak for the other markets but Toledo is a great place to invest due to the affordability. In the past few years Toledo has seen a large influx of out of state investors. There are approximately 28 Multi-family duplexes active on the MLS ranging in prices as low as $50,000-$219,000 with a median rent of about $929. If Toledo is somewhere you choose to invest and you have any other questions, please feel free to reach out!

    1Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free