First Investment Property

[Michael Ehrmann]

I'm looking for a little guidance. I've been searching high and low for my first investment. I'm looking for a multifamily but what I'm struggling with is targeting a market. I have done a tremendous amount of research, possibly too much, which has gotten to be overwhelming. I live in CA and due the housing prices here, I'm looking out of state for a lower entry point. I was focused on Cleveland, Ohio but the more research I've done has scared me off- population seems to lowering and not much job growth. I don't necessarily need something with a high COC return, I'm really looking for appreciation, something to buy and hold. Any tips and recommendations are much appreciated.

[Zeke Liston]

Originally posted by @Michael Ehrmann:

I'm looking for a little guidance. I've been searching high and low for my first investment. I'm looking for a multifamily but what I'm struggling with is targeting a market. I have done a tremendous amount of research, possibly too much, which has gotten to be overwhelming. I live in CA and due the housing prices here, I'm looking out of state for a lower entry point. I was focused on Cleveland, Ohio but the more research I've done has scared me off- population seems to lowering and not much job growth. I don't necessarily need something with a high COC return, I'm really looking for appreciation, something to buy and hold. Any tips and recommendations are much appreciated.

 Hi Michael, I would second Remington, Columbus, OH has a lot of great opportunities for investors.