All Forum Posts by: Jordan Fiore

Just now reading this! Would be more than happy to chat and give you some tips on this Cincinnati area. A lot of things about the housing market surprise some out of state clients of mine. Just let me know!

Hey Tiffany, Lets definitely connect. STR and MTR are great opportunities here in Cincinnati.

The marketing is the biggest advantage in my mind. Well worth the expense when you have already put $100k+ into a project. Need the marketing to be on point!

Whatever market you start in, make sure you have a great Property Manager that you are comfortable with. Establishing expectations on the PM side of things will create a lot less headaches for you moving forward. You can find a great property with a lot of potential, but if it is not managed properly then you have problems.

Welcome to Cincinnati! A great market to tackle for real estate investing. Feel free to reach out with any questions.

 It is not a rare occasion. All the seller cares about is the bottom line for them. How much they are getting after all the expenses on their end. 

I would look into just adding a water charge to the tenants leases. It saves you a lot of hassle and money to getting water sub metered. Sub metered water here in Cincinnati is extremely rare. Depending on the are that the building is in, it might not be worth it in my opinion. 

 Great points! Sticking to that C-B area makes the most sense for investors here in the Cincy area. Make sure to obtain a great PM that can vet tenants well and service you correctly for your needs. Make sure to take a close look at the bones of the property, these properties can be very old and some of these wood/vinyl siding buildings have some Dr. Seuss type of flooring in there(unbalanced). The brick buildings are usually the way to go because they hold up better and if there are some framing/structure issues then it is a lot easier to see in the brick.

You definitely want to consider the tax hike. It can be postponed a bit but it is inevitable for them to hike it. Smart move going the cautious route.

I like the college hill and north college hill areas for potential west side options. Northside is a good area to add to that as well. I like the Reading and golf manor areas north of downtown. These are a couple options I look for besides the normal east side areas.