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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 1 year ago on . Most recent reply

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Ashley McCrady
  • Investor
  • Spring, TX
5
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St. Louis, Birmingham, Cincinnati Rentals?!?!

Ashley McCrady
  • Investor
  • Spring, TX
Posted

My hubby and I have a goal of adding 5 rentals this year using the BRRRR method & want to find a city that makes the most sense. Anyone with experience of investing in these markets will you please share if you love/hate the market and why.

St. Louis - we have connections/family there

Birmingham - no connections but like the market and live in Texas so close-ish

Cincinnati - hear great things about this market but no connections

We are open to looking at other markets as well. Aiming for higher cash flow for these five. 

Thank you in advance. 

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1,487
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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
2,014
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1,487
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Patrick Drury
  • Real Estate Agent
  • Columbus, OH & Cleveland OH
Replied

@Ashley McCrady
I would recommend looking at Columbus OH. You can get good cash flow and solid appreciation at the same time. Columbus has a lot of job opportunities and population growth. Especially with the Intel chip factory being built. Right next door to that will be the new Amazon data center and not far down the road will be a Google data center. On top of that, Columbus has companies like Hyperion and Forsee Power coming to the west side. Hyperion, which is a company that makes hydrogen fuel cells. Forsee Power is a French-based EV battery company that will be establishing a North American HQ in Columbus. Columbus is home to the HQ of Chipotle, Wendys, White Castle, L-Brands, and Hunnington. Columbus is also home to OSU, which constantly develops real estate, employs lots of jobs, and attracts students from the US and internationally to attend. 

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