Investing in Cincinnati
My name is Joe and my fiance and I are looking to invest in our first out-of-state rental property in Cincinnati, Ohio. We are interested in using the BRRRR method to grow our portfolio there, as well as growing my network in Ohio! I would love to connect with investors in the area and hear from others about their experience investing in the area. I'm also looking for recommendations on reliable real estate agents that specialize in off-market, pocket listings and distressed properties who can help us acquire our first BRRRR property in Cincinnati and hopefully many more. Thank you in advance for any advice and tips!
@Joseph Kalina Exciting! Welcome to the market. What particular areas are you looking in? Are you thinking SFR or multi-families?
Thanks Dave! Mainly looking at B/C areas with good cashflow. Some areas we've looked into so far are White Oak, Colerain Township, Mt. Healthy, Pleasant Ridge, Madisonville, and Norwood. Any advice on good B/C areas is much appreciated.
Since we're new to Cincinnati we're looking for trustworthy real estate agents and PM to guide us into some good areas...especially since we've heard it can be very block by block. So I think that may be the determining factor ultimately. We haven't connected with a good Agent, PM, or Contractor yet.
Our budget is pretty broad and we're looking at SFR and MFR, whichever deals make the most sense for cashflow and/or the BRRRR method.
@Joseph Kalina: Those neighborhoods are all possibilities, but definitely make sure to have a good real estate agent and/or PM to let you know details about an area. For example, I grew up in Colerain Township, and it has some great neighborhoods, but also some less desirable for investing. Norwood has the potential to really appreciate, but it also has some problem areas.
Also, I've been happy with my PM (EquityTeam), and recommend them.
@Eric Sammons I’m looking for a property manager in Cincinnati. Any recommended contacts I might want to ask for at EquityTeam? Thanks for any recommendations.
@Taj Richardson: my apologies for the delayed response; somehow I missed your message. You can ask for John—he’ll take care of you.
@Eric Sammons thank you for following up. As I get closer to being ready I’ll be reaching out to them to see about adding them to my team.
@Joseph Kalina Cincinnati is great when it comes to cash flow and appreciation , you can find 20% Cash on Cash return deals in cincinnati which is rare , i have been investing in cincinnati for more that 6 years now and it has been great .
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Real Estate Agent OH (#2017003120)
- Fortune Vine Realty
- [email protected]
@Joseph Kalina we are located in Cincinnati and can help you directly in most aspects of your goals.
I am actively investing in the Cincinnati market. I would recommend networking and browsing the Cincinnati RE Investor Forums here on BP. Also, our local Cincinnati REIA is a great resource to get to know others and connect with RE Agents, Contractors, and investors. Feel free to connect or PM me with any questions.
@Joseph Kalina I'm a local Cincinnati area investor. I'm also a Kentucky licensed Realtor. If you're looking in the Northern Kentucky market at all, we should talk. Hope things are going well in your investing journey.
I grew up on the Ohio side of Cincinnati and live on the northern KY side now. I invest in Cincinnati, northern and central KY. I have experience as a relocation consultant for the big Fortune 500 companies in Cincinnati so I have great school district and neighborhood knowledge. Please feel free to reach out. I am always interested in connecting and sharing area information.
Originally posted by @Joseph Kalina:My name is Joe and my fiance and I are looking to invest in our first out-of-state rental property in Cincinnati, Ohio. We are interested in using the BRRRR method to grow our portfolio there, as well as growing my network in Ohio! I would love to connect with investors in the area and hear from others about their experience investing in the area. I'm also looking for recommendations on reliable real estate agents that specialize in off-market, pocket listings and distressed properties who can help us acquire our first BRRRR property in Cincinnati and hopefully many more. Thank you in advance for any advice and tips!
That's great Joseph, I know of a great realtor in the Cinci area. I'd be happy to share his contact info.
