Houston, TX · Member since 2017 · 2 posts · 1 vote
Hey friends, Want to start investing in flips in Cincinnati area. The planning is for SFH around 200K ARV. Which neighborhoods do you think are most relevant today? Looking for B + zones
Real Estate Agent · Cincinnati OH, USA · Member since 2017 · 79 posts · 61 votes
4y
Hmmm 200k for B+ zone after repairs? You might get lucky with Northside, College Hill, East Westwood. Honestly a true B+ neighborhood like Wyoming or Liberty Township will probably have an ARV of $300+ anymore.
Real Estate Agent · Cincinnati OH, USA · Member since 2017 · 79 posts · 61 votes
4y
Hmmm 200k for B+ zone after repairs? You might get lucky with Northside, College Hill, East Westwood. Honestly a true B+ neighborhood like Wyoming or Liberty Township will probably have an ARV of $300+ anymore.
Real Estate Agent · Cincinnati, OH · Member since 2019 · 45 posts · 42 votes
4y
@Tom Edel - $200k ARV is achievable in some B+ markets, depending on the finishes you are using.
Parts of Norwood, Madisonville, Pleasant Ridge, Kennedy Heights. Everyone has a slightly different definition for "B+ neighborhoods" but these are nicer areas that could have some 2/1 cottages that could ARV at $200k.
This leads me to my next question - Why restrict yourself to a $200k ARV?
@Tom Edel - $200k ARV is achievable in some B+ markets, depending on the finishes you are using.
Parts of Norwood, Madisonville, Pleasant Ridge, Kennedy Heights. Everyone has a slightly different definition for "B+ neighborhoods" but these are nicer areas that could have some 2/1 cottages that could ARV at $200k.
This leads me to my next question - Why restrict yourself to a $200k ARV?
Thank you very much for the response, I am an investor living outside the United States and this is my first investment so I want to start small to build a team and study the market (in addition it is more difficult to get financing for non-American investors)
Real Estate Agent · Burlington, KY · Member since 2018 · 206 posts · 232 votes
4y
I'll second @Jordan Noble here. Those would be the areas I would recommend as well. On the Kentucky side, you could also look in Covington, Newport, Erlanger, and Elsmere. Good luck!