I’m looking for some insight on the city of Marion, Ohio. With Columbus Ohio growing so large and Marion only 30 to 40 minute away, this looks like it would be an affordable market. I’m just looking for more opinions.
@Eddie Ward It is definitely cheaper than Columbus. The important part is making sure you are able to develop a reliable team there.
This is true no matter where we decide to invest. I’m wondering if anyone else has started looking there to invest. I’ve heard it has reputation of addicts there.
@Eddie Ward It becomes more challenging to find a capable team when you go to smaller cities
True, options are more slim. And Columbus is a huge growing market. Why look anywhere else except for price.
I live in Central Ohio and I wouldn't even go to Marion. Let alone want to have business there.
I guess I should qualify that. I'm not snobby at all. I just think there are a dozen or so better communities to invest in, in and around central ohio.
The only thing I see that works in Marion is meto . It is the secession 8 in Marion county. I have worked for a lot of investors that buy 3 or 4 bed houses for 25k or less . Rehab them to meto standards and get 750-900 a month. The code and Bilders department is not active and the labor is less expensive . If you want to stack up a lot of d class Property and deal with that asset class Marion would work . But buy for cash flow because the city is not appreciated in 50 years.