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All Forum Posts by: Austin Steed

Austin Steed has started 26 posts and replied 543 times.

Post: Looking for Local Columbus, Ohio bank for rental refi's.

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654
I know a couple as well. Feel free to reach out!

Post: Cheery Creek to Georgian Heights area

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654

Hi Marc,

I lived in Hilliard for 18 years and was always around area's like Galloway, which is a neighborhood right next to Cherry Creek. 

One thing that I know local investors are doing is looking for deals in the area that fall in the South Western City school zone. South Western City Schools has more of a demand then Columbus City schools. This should bring more appreciation to a property. Most of Cherry Creek falls into that School zone. 

Galloway has some areas that feeds into Hilliard City Schools which is even more desirable.   

Hope this helps, feel free to reach out with any more questions!

Post: Next Short North? Columbus OH

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654

@micheal Hamby 

That is a good point about Olde Towne. I was working with the investor that did the flip on Miami Ave and running comps for that place was remarkable. We are talking most of those homes on Miami Ave are beating that new conforming loan limit of $453,100. 

Franklinton I think will turn my maybe not the short north.  Nonetheless, I'm a big fan of Kaufman Development and I think it's one of the areas we havn't seen to start to "turn". We should be buying when no one else is right? 

My mooney is on Parson Ave though, if nationwide get's more determined I think we could see some big changes in the upcoming yaer. 

Thanks for all the replies everyone! 

Post: Next Short North? Columbus OH

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654

@Amanda Roderick 

I like your point about how the University District will continue to attract college kids. Restaurants like Cazuela's will continue to exist (dollar tacos on Tuesdays) not The Pearl. 

Yes I am a huge fan on Parsons because of programs like HNHF ( Healthy Neighborhoods and Healthy Families) http://www.nationwidechildrens.org/healthy-neighborhoods-healthy-families If Nationwide is on board I'd love to ride that wave. 

Post: Next Short North? Columbus OH

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654

I am a Realtor in the Greater Columbus area. I have a question for all of those in Columbus. Simple and short. What area in Columbus do you think will be the next "Short North"?

We all know that Columbus is building and building. If you look south on High st in the University District you can literally see 4 cranes building. 

The areas that I think have a good chance of turning include:

Milo Grogan

West Franklinton south of W Broad

Olde Towne east

University District 

Near Parsons Ave( Nationwide wants this to turn I'm sure)

I was just reading Columbus underground and saw that there are multiple things going up in W Franklinton. 

What are your guys thoughts? 

Please feel free to share what you think will "turn" and what you think will not. 

Post: Property Manager & Team Recommendations

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654
Hey Micheal, I think that’s a great choice for you to invest in Columbus. This city is growing like crazy. I’m a local agent here and would love to send you some of the people I know around town. I don’t have any personal relationships with any PM companies but know plenty of contractors. Sending a colleague request now.

Post: Property Analysis Spreadsheet

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654

Hi Steven,

Taking a look at the file now. Looks good man. How are you looking for properties now? Also inspection cost seem a little low. I am usually seeing inspectors charging 250- 300 depending on sq/ft of the home.   

Post: Columbus, OH General Contrators

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654

I know a couple guys as well! Feel free to reach out

Post: I got my a$$ kicked yesterday in Columbus, Ohio

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654
People don't like finance contingencies, sure. But people also don't like inspection contingencies. One way you can gain more leverage and beat a cash offer is bring an inspector with you to a showing. Have him look around the place, obviously it won't be as detailed as a full out inspection.. but with his word you could wave inspection and remedy period. Sellers would love that and if your working with a good lender you could potentially shave some days off the closing date as well.

Post: Investment in Columbus OH

Austin Steed
Posted
  • Real Estate Agent
  • Columbus, OH
  • Posts 585
  • Votes 654

Yes pretty much everything in a good school system and moderately priced is selling in days and gets multiple offers (IF it's priced correctly).  Areas around Olde Towne East is hot and has a tax abatement.