All Forum Posts by: Marc Rice

@David Uzhca

I’d also check with a local realtor who is also an investor in Dayton.

@Michael Widick

Your purchase price + rehab is just about your ARV of $75k. So for a cash out refinance you won't be able to take too much cash out.

@Jacob Allen

Good luck on your journey!

@Julian Rivera

Understood! If you’re looking for a good market with cash flow and appreciation I recommend looking at Columbus, Ohio.

@Paul Paleologos

Happy to connect you with local resources in Columbus and help you better understand the market. Columbus is great for cash flow and appreciation. I personally like small multi family here and that’s what I’m currently investing in. Shoot me a message if you ever want to connect.

@Alaina Redfern

If you need any help learning about Columbus or getting connected local I’m happy to help.

In regards to cash flow, it depends. You’ll have less capex/vacancy per a property with a duplex but single families can rent a little bit of a surcharge. I think you can find instances of each frankly - except in A/B class neighborhoods I believe that multi family will cash flow better. I personally like multi family and invest in that myself.

@Cameron McNulty

Ohio versus the world my friend. Everyone undervalues Ohio (*cough* Ohio State football ranked number 11) until they see the population growth, job growth, appreciation, and beautiful beaches we have.

@Alaina Redfern

Hi Alaina, glad you’ve focused on the midwest. Ohio is a great growing state with a strong economy that has some good markets. Whichever one you choose you’ll want to find a good core 4 - agent, lender, contractor, property manager.

I personally invest in Columbus and am an agent here. The population and job growth has been great leading to a lot of rising rents and home values. There are a lot of good cash flow neighborhoods here that ALSO appreciate. Dayton, Cleveland, and Cincinnati tend to not appreciate anywhere near to Columbus because it’s decreasing population.

@Harman N.

Hungarian Village and Reeb Hosack are a solid B-/C+. North Linden is becoming that, as well as Minerva Park area. Berwick/Linmoor/Leawood are decent too. If you message I can send you some more too

@Jacob Allen

I currently manage short term rentals in Columbus, Ohio if you ever need anything!