All Forum Posts by: Marc Rice
Marc Rice has started 3 posts and replied 1809 times.
Post: Long Distance Investing

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
@Phil Dimauro
Columbus Ohio is a great market to find singles below $100k. Duplexes run closer to $150k + for decent ones
Post: How is Chicago doing?

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
@Tyler D.
Ohio offers some great markets also like Columbus
Post: I live in California, how should I get started

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
You should look to the midwest for 1% rule rental property. Columbus, OH is a great market.
Post: Buying in Ohio as an out of State investor

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
I'm happy to refer you to a local lender here.
Post: Columbus Short-Term Rental

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
Originally posted by @Kayla Givens:
@Remington Lyman - thanks so much! What areas have you seen that are the most profitable?
@Marc Rice - thanks for the response and insight! If you were going to buy an STR right now, where would you look in Columbus and why?
A multi-family with studios/1bds in A/B class area because we can provide the best guest experience, have good long term renters if we ever needed, and they do great on Airbnb.
Post: I hit plateau in REI - how to scale up?

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
Target bigger and better deals, use hard money or other peoples money. Focus on one market and get economies of scale there.
Post: Airbnb or Medium Term Rental Advice in Cleveland Area?

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
@Daniel Baran
You’ll have the best luck sticking to A/B class areas for short term rentals from my experience. Mid term stays can get you through slower season Nov - Feb, but nightly is the most profitable.
Post: Columbus Short-Term Rental

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
@Kayla Govier
Columbus is a great growing market and the capital of Ohio. We have tons of new companies moving here, new sports venues being built, and a rapidly growing population. All make well for short term rentals. I manage over 100+ through TailwindSTR, but we only do A/B class studios or 1bds. I would recommend targeting the right A/B locations that people will actually enjoy their time staying at.
Post: Remote Investing/Out of State Investing

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
@Davon Johnson
The Midwest offers a lot of great cash flow, appreciation or cash flow/appreciation hybrid markets to invest in. It really comes down to what you value the most. Columbus, OH is a great cash flow/appreciation hybrid market. You can find 1% rules, mainly in B-/C+/C areas.
Post: New Investor in Dayton, OH

- Real Estate Agent
- Columbus Cleveland Dayton, OH
- Posts 1,877
- Votes 1,837
Welcome to the game! Dayton is a great cash flow heavy market.