Columbus, Ohio. Where to invest?

Question

Hello, I am new here and new in real estate investment. I am trying to find my first rental property in Columbus, Ohio. I am thinking of a single family house at around 55k ~ 60k.

Would I be able to get any suggestions about which areas would be good to take a look at (zipcodes)?

Robert Ellis · Answer

i'd look in 43207, 43211, 43224, 43213, 43068, 43205, and 43203. You should look at multifamily more than single family is my advice for columbus especially if you want cash flow. for 55k the benefits of buying a single family don't really outweigh buying a duplex for the same price.

Jeongmoon Park · Answer

@Robert Ellis Thank you very much for your info. I will definitely look into those area. And I also agree that multifamily would bring more cash flow. Thank you for the advice!

Brian Jordan · Answer

Absolutely, let me know when and we'll get something scheduled. Message me direct and we'll go from there.

Vernon Henry · Answer

Hi Brian, I’d be glad to get together and chat sometime soon. Pretty new to the area.

Vern

Jeongmoon Park · Answer

@Justin Windham Thank you for the help. I will look into those info.

@Brian Jordan Thank you. I will PM you.

Account Closed · Answer

@Jeongmoon Park welcome to BiggerPockets!

Check out David Greene's book Long Distance Real Estate Investing. It’s a great read on how to invest in general and goes through a ton of valuable information on exploring markets and getting a good team together. Best of luck!

Justin Windham · Answer

Welcome to Bigger Pockets, @Jeongmoon Park!

You’ll find plenty of friendly, knowledgeable people willing to help respond to your questions. Many members are experts in their respective fields related to real estate investing, whether that is real estate brokerage, wholesaling, flipping, buy and hold, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

If you haven’t checked it out already, the Bigger Pockets blog features links to their awesome podcast and many great articles: https://www.biggerpockets.com/renewsblog/

The site has quite a few tools that can be helpful for new members. For example, if you are looking to connect with other members near you, want to learn from people in a specific area you’d like to invest in, or have a desire to find people interested in certain topics, you could start your search here: https://www.biggerpockets.com/search/users

I really like the alerts feature that can quickly guide you to current topics that might interest you: http://www.biggerpockets.com/alerts

Jeongmoon Park · Answer

Thank you Kristin!

Columbus, Ohio. Where to invest?

Columbus, Ohio. Where to invest?

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