Columbus Investing Trends
Hey There! Since Columbus is the 5th fastest appreciating market nationwide, I have noticed a sway of trends happening around the city with investors. From Airbnb to a quick flip, and even to a lease option. What other exit strategies are you using and what are you planning to utilize in 2022 for your next deals? I would love to hear some feedback.
Originally posted by @Clay Boykin:Hey There! Since Columbus is the 5th fastest appreciating market nationwide, I have noticed a sway of trends happening around the city with investors. From Airbnb to a quick flip, and even to a lease option. What other exit strategies are you using and what are you planning to utilize in 2022 for your next deals? I would love to hear some feedback.
My exit strategy is dying and leaving all of my properties in Columbus, Ohio to my kids.
I think buy and hold is still one of the best out there with some value add opportunities for Columbus @Clay Boykin
@Clay Boykin
Short term rentals and cash out refi
Funding a live-in single family rehab/hold with 3 medium-term-rentals and saving W2 income to acquire more single family long-term rentals.
One I've seen and that could be compelling given Columbus' medical presence is specified Airbnbs. Covid increased demand for traveling nurses which provided STRs the opportunity to have a consistent flow of approved, reliable tenants. Making inroads with local hospitals, nurse groups to build those relationships can be beneficial. Hope you have a great 2022.
@Cameron Braig I love this idea, I am a huge fan of Airbnbs/STR especially when combined into the medical industry/corporate housing. If you play your cards right, it can be more profitable upfront than a LTR as long as you force equity into the property. You have a great 2022 as well!