All Forum Posts by: Perry Nosker

Hey Spencer - I currently live in Xenia, so my opinion is first hand. I think the situation is a little more nuanced. The viability of an investment depends on where it is. There are definitely solid places to rent and I personally know of long-term tenants who are S8 actually. It's a low cost of entry and potentially lower rents (though I don't know where your Dayton property is). If you let me know (either here or in private message) where your other property is (just what area), I can address your questions relative to that one. I want to make sure when I say "cheap" for instance, it means the same thing to you as to me. 

Q1: live in Xenia vs. elsewhere?

A1: It's cheaper. I don't know if you rent to S8, but it is the county seat, so that can be a direction to go and get some long term tenants as I mentioned above. 

Q2: What attracts people and keeps them there?

A2: Price or family I suppose. 

Other Insight: Many of the houses around town have been flipped in the past few years as the market has made that lucrative. 

I'd be happy to discuss further if you have any other questions. For what it's worth, I'm not an agent or anything, just an investor that does live in Xenia. 

-Perry

What kind of work are you needing done? Is it a specific task or do you need someone to handle random tenant complaints/issues? 

Definitely interested! Would go, but I'm out of town this week. Will watch for January meeting.