Cleveland or Columbus?
Hi all!
My goal is to invest in 2-3 multi-family properties (duplex, 3, or quad) in the next 3-6 months with the goal of achieving good cash flow and starting a portfolio. I'd like properties with low upfront reno required in B/C class neighborhoods. I've been spending a lot of time researching investment opportunities in Cleveland and learning from all of you. About ready to pull the trigger, and then....
A friend told me to look at Columbus. At first blush, I'm intrigued by the "indicators" such as population growth, gentrification, and overall investment in the area in Columbus which seems like in addition to cashflow, could drive up appreciation.
Would love to hear your thoughts on where to invest my time and $$ between these two. Anybody considered both and leaned one way or another?
thanks!
Nicole