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Market Trends & Data

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Jacob Schmidt
  • Lender
  • Orange County, CA
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Cincinnati market conditions

Jacob Schmidt
  • Lender
  • Orange County, CA
Posted May 15 2023, 20:29

hello everyone, 

been looking at the Cincinnati market for a few months now and boy has it been crazy. seeing properties go for 10-25k over and pending in 1-5 days. rents seem to be going up as well in the areas im looking (mostly north east part) but not as much as prices.

Is anyone finding anything that cashflows rn? Best coc I've gotten on a few properties is 4% in running the numbers. im looking at mostly turnkey which doesn't help but im out of state so don't want to mess with a full rehab other than cosmetic stuff. 

Any advice or what's working for y'all if your actively still buying in Cincinnati. would love some input

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Sam McCormack
  • Real Estate Agent
  • Cincinnati, OH
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852
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Sam McCormack
  • Real Estate Agent
  • Cincinnati, OH
Replied May 16 2023, 06:10

@Jacob Schmidt

Hi Jacob, yes it has been crazy, lol. It really depends where you are looking to be honest. North east of Cincinnati won't have much (assuming you mean somewhere like Mason). But other areas in Cincinnati are doing good in terms of cash flow. Maybe I can help you out looking? I would love to connect, I sent you a DM so we can get something schedueled!