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Updated about 3 years ago on . Most recent reply

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Jason G Goepper
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Struggling Deciding on Deciding Where to Invest

Jason G Goepper
Posted

Hi all,

I am currently working on finding a property for my first investment; however, I am stuck between 2 cities. One is Cincinnati, Ohio and the other is Colombus, Ohio. I am originally from the Cincinnati area, and it is more familiar terrain. It has several different large corporations based there (EX. P&G) and has been steadily growing in the past few years. Colombus is growing rather rapidly and looks like it will only continue to do so for the next couple of years. It seems like a property will appreciate more over a smaller period of time and their rental rates seem to be on the rise. With it being an unfamiliar area, I am hesitant because this would be my first property. I am not sure how to decide, does anyone have an advice/things for me to consider?

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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

@Jason G Goepper
I live and invest currently in Columbus OH. If you are looking for more of a growth market, Columbus would be a better pick. It's a solid hybrid of cash flow and appreciation. 

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