All Forum Posts by: Todd Kalsey

@Account Closed yep, totally forgot about Liberty Center!  I was referring the the growth in the Oakley area.  Seems developers are trying to squeeze anything and everything in there.  You bring up another perfect example.  I couldn't agree more on the "buffer" of the yard.  Thanks for the feedback!

@Warren Sterling thanks for the feedback on your area. Much like your area, I believe the demand will be there. My initial reaction is that it's seems quite aggressive.   We'll have to see, but glad to hear it hasn't negatively impacted the SFHs.  Hopefully we follow the same trend.

Throwing this question out for my fellow BPers to get some feedback.  I'm a "newbie" but wanted to get some insight and perspectives from other areas of the country.

Here in Cincinnati we have a neighborhood in the metro area with explosive apartment/condo growth. It is the prime and hot area for young professionals. Within the past 1-2 years huge apartment complexes have been built and currently more on the agenda. I'm curious on how this might impact rents for SFH in the area? I'm guessing the demand is there but personally it seems that the area might become quite "saturated" with units and dense (traffic) if things keep going this way.

We've always had solid demand for our SFH, as we find people who don't want someone on the other side of the wall.

Any thoughts from other areas where you've seen this?

Thanks!

 Absolutely, and appreciate the feedback.  

@Jacob Murphy totally agree.  Just did a drive through DP the other day and the first street, I swear the first 25 houses were identical.  Going to have to do some more investigating in DP and Ftown.   I'm going to take a look at some of your recommendations as well.  Thanks for the feedback!

 Good insight J!  Thanks for the input.

 Jacob:  Great list.  I was thinking Reading as a possibility too.  Also, any experience with Deer Park?
             Your criteria "working class, low crime" is what I was thinking as well.  Appreciate the feedback! 

Was curious on other local BPers thoughts on solid cash-flow neighborhoods around Cincinnati?

Additionally, does anyone own/invest in Finneytown?  Came across a few places that seemed interesting there at first glance, but need to crunch numbers further. 

 Thanks for the recommendation!  Greatly appreciate it!

Hope things are going well fellow Cincinnati BPers!  Wanted to throw out this question and see what some more experienced local investors had to say:

Who are some of the more friendly local banks and/or credit unions for REI?

What are some of the typical numbers they want? (20% more down? LTV?)

Thanks!