Buying Investment Property in Ohio
Hello. I along with my other two friends are planing to buy an investment property for long term rental in Columbus, Ohio or New Albany, Ohio. I have two questions
-Is Ohio a good idea for a rental property?
- Should we establish a CALIFORNIA Cooperation and have everything under the Corp?
Most Popular Reply
Hello Ray!
Invest in the wonderful town of Columbus, OH. Home to The Ohio State University with nearly 60,000 students, 5 fortune 500 companies, over +25% population change since 2000, 2016 smart city challenge award winner gaining 50 million dollars in funding from the government ( https://www.columbus.gov/smartcity/), Intel is spending 20 Billion dollars to build two semiconductor plants, and many many more great things presently and coming in the future. Needless to say Columbus will remain a strong real estate market for the foreseeable future.
I can also share my local lawyer & CPA referrals for your 2nd question