All Forum Posts by: Paul Sian

There are no rent caps in Cincinnati.   Whatever you can negotiate is allowed.  

@Sean Cole sorry, looking at your statement I misread it as well.  I do see what you were saying. 

@Sean Cole pull up a property in the CincyMLS and then click on the TaxID link that is usually there for each property.  Towards the bottom of the second page that pulls up you can see ownership, Mortgage history and more.  

Mount Washington should have now or in the future multi family buildings under $300000 and which should cash flow as well. 

The Cincinnati MLS allows search by property and will give a history of the ownership.

Why do you need to know what properties an LLC owns?

Have you looked at a 203(k) loan?

@Cody Disanto like others I would recommend house hacking a multi family and getting some cash flow going.  Real estate markets are peaking in places so a fix and flip is not the thing to do now unless you can move faster on them.  People need a place to stay and why not have them pay your mortgage while they live in a place you own.

Welcome @Cody Disanto,

At your age you might want to look at house hacking.  Lot of good areas to chose from in Cincinnati where you could buy a 2-4 family building and start building your empire.  

I really wish I got started at your age. 

Good luck!

Paul

Mt. Washington, Hyde Park, Oakley, Mr. Lookout, Norwood, Deer Park, Pleasant Ridge as some areas to look into.  

Cincinnati does not have a rental license per se like some other Ohio communities have.  You do have to register your property with the county auditor though.  That is a simple one page form where you list any rental units you own.  It is called the Residential Rental Property Form and can be found at Hamiltoncountyauditor.org

No fees required. Just fill it out and mail it in. 

Also Cincinnati has no inspections unless there is a complaint or if subsidized housing is involved then the subsidy provider will inspect on their tenants behalf and all common areas are open for inspection.