Columbus business growth

[Aram Jawad]

In the past 10 years, Columbus had seen an enormous growth in many aspects. Business wise, Columbus GDP had grew by over %50, making over $137 billion annually in the last 10 years. Employment in Columbus growing over %3.5 yearly. While over %90 of Columbus population carries a high school diploma. Columbus also rated the 5th city in the US for STEM jobs, aside from the Ohio State University, One of the major Universities in the US and the Third largest campus in the US by size. With all that growth that Columbus is seeing, Real Estate comes to play a major role in assisting all of those people to create a great, comfortable place for them to settle in. Which is a great soil and a green land for Real Estate investors who are seeking to create a passive income, Airbnbs, and flips.

[Jimmy Lieu]

Quote from @Aram Jawad:

In the past 10 years, Columbus had seen an enormous growth in many aspects. Business wise, Columbus GDP had grew by over %50, making over $137 billion annually in the last 10 years. Employment in Columbus growing over %3.5 yearly. While over %90 of Columbus population carries a high school diploma. Columbus also rated the 5th city in the US for STEM jobs, aside from the Ohio State University, One of the major Universities in the US and the Third largest campus in the US by size. With all that growth that Columbus is seeing, Real Estate comes to play a major role in assisting all of those people to create a great, comfortable place for them to settle in. Which is a great soil and a green land for Real Estate investors who are seeking to create a passive income, Airbnbs, and flips.

I like Columbus Ohio because I see it being one of the biggest metropolitan cities in the next 10-20 years, all signs are pointing here! Population is growing aggressively and jobs are moving here especially with major employers like Intel, Google, Amazon, Nationwide, etc. On top of that, you have one of the biggest and best universities in the world here with Ohio State University. The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here. On top of that, you get great appreciation and very landlord friendly laws. I'm currently under contract for five investment properties (all great BRRRR and flip opportunities) this month for my clients - tons of investors are buying Columbus up! As an investor and agent here, let me know if you have any questions or want to connect

[Austin Steed]

Love to see Columbus producing these numbers. I think this is just the beginning! 

[Taylor Robinson]

Columbus is best broken down into areas. The key jobs are in the "city of columbus" but the surrounding areas are where the growth is happening. Cities such as Pickerington, Lancaster, Dublin, Short north, Hillard. Columbus metropolitan has thrived based on the influx of business mentioned above, yet the heart of the workers commute into the city.

[Joshua Janus]

Quote from @Aram Jawad:

In the past 10 years, Columbus had seen an enormous growth in many aspects. Business wise, Columbus GDP had grew by over %50, making over $137 billion annually in the last 10 years. Employment in Columbus growing over %3.5 yearly. While over %90 of Columbus population carries a high school diploma. Columbus also rated the 5th city in the US for STEM jobs, aside from the Ohio State University, One of the major Universities in the US and the Third largest campus in the US by size. With all that growth that Columbus is seeing, Real Estate comes to play a major role in assisting all of those people to create a great, comfortable place for them to settle in. Which is a great soil and a green land for Real Estate investors who are seeking to create a passive income, Airbnbs, and flips.

Columbus, Ohio is a great market to invest in. The population has been growing here year over year over the last decade, it is home to The Ohio State University which has over 50,000 students that live here along with those that visit, and it also holds a diverse range of young professionals and traveling nurses to fill the demand of the multiple business corporations and hospitals stationed here. The appreciation rate in Columbus has been 8% higher than the national average over the last year. Tech companies are continuously moving here and establishing a footprint in Columbus as well. Intel is a great example, who is building the largest chip manufacturing plant in the US right here, and it will be a $20 billion dollar investment that brings a few new thousand jobs.

https://www.dispatch.com/story/business/2022/01/21/intel-ohio-building-computer-chip-factories-licking-county-jersey-township/9173472002/

Another example of economic growth is the upcoming Ohio State University Wexner Medical Center Inpatient Hospital which is a 1.9million square foot hospital that will bring over 800 new beds and a thousand new jobs.

https://abc6onyourside.com/news/local/new-osu-hospital-expected-to-transform-health-care

Here are a few more recent investments

https://www.10tv.com/article/money/business/hydrogen-power-company-hyperion-bringing-700-jobs-to-columbus/530-25907aab-5517-4661-a9f3-d2ed2d5be6b0

https://news.wosu.org/news/2022-02-08/rumpke-to-build-50-million-recycling-facility-in-columbus

Check out The Complete Guide to the Columbus, Ohio Real Estate Market which goes through the Columbus, Ohio market in depth and will give you a better scope of where the highest levels of growth are taking place and where to look to invest.

[Jonathan Aversano]

Great time to get in on Columbus! Lots of growth and promising economic drivers, and still affordable enough to get solid cash flows on investment properties. 

[Scott Allen]

@Aram Jawad Great insight on the market here!

[Najma Osman]

Hi @Aram Jawad, 

Well said! I think Columbus is a great market to get into right now with good price points and a great mix of appreciation and cash flow.