Investing in Dayton, OH???

Question

For those of you who are investing in Dayton real estate. Are you investing in properties actually considered to be in the city of Dayton or cities on the outskirts such as West Carrolton, Kettering, Beavercreek, and Huber Heights?? I know most neighborhoods especially on the West side of Dayton are considered to be high in crime therefore a bad investment. If someone has been having success in Dayton investing what neighborhoods are you having success in?

Chris Tabanico · Answer

Hey David,

There’s money to be made every where. Even in West Dayton. Just have to avoid the D and F class properties. What I’ve learned about Dayton from investing in it over the past couple of years is that you can’t say one neighborhood is bad or good. It varies street by street. I’m in Kettering, Miamisburg, Moraine, Fairborn for the most part but also in Dayton proper (mostly on the east side) in the South Park historic district area and other parts. You have to find good streets where investors are actively building up or take the risk and be the first one to turn the block around.

We fix and flip, have AirBNBs, regular rentals within Single Family and Small Multi-family apartment complexes. Just have to network and find good deals. Run them by those who you network with and take the risk to get started if you haven’t already. Feel free to PM me if you have further questions. I may not know the answer but I can do my best to help or find the right person who does know.

Best,

Darrin Carey · Answer

@David Uzhca as @Chris Tabanico said, Dayton and some of the surrounding areas can be street by street as far as "good" vs "bad". You'll have to see which areas meet your goals. I'm in Dayton, Trotwood, Fairborn and other areas. Each different area meets different goals for me. As my goals change over time, I'll change the areas I focus in.

Even areas seen as "high crime" can be a good investment if it meets your need. I have a few properties in those areas, and they cashflow very well. Of course, I don't expect those to appreciate.
For every area, there is an investor whose goals, or even limitations, make that a good area for them. You have to find yours. The areas that meet my goals may or may not be the right areas for you to meet your goals.

Tyler Gerhold · Answer

@David Uzhca

Hi David, I’m relatively new to the area. I moved here about 1.5 years ago and closed my first 4-unit back in august in West Carrollton. I’m not opposed to investing in the city especially if the right deal comes along and it aligns with my goals. Personally I avoid the West side of the city because that area does not directly align with my goals and has some additional baggage that I just don’t want to deal with.

Feel free to connect and message me. I’d be happy to see how I can help you any further.

Regards,

Tyler

Marc Rice · Answer

@David Uzhca

I’d also check with a local realtor who is also an investor in Dayton.

Investing in Dayton, OH???

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