Buying an Investment Property in Columbus, OH

Investment Property Buying

As in-state buyers and remote real estate investors buy property in Columbus, OH, home prices continue to skyrocket in this city, known as a great place, to live and rent. Several factors make the Columbus real estate market a great place for investors. Despite rising property values, the market is still affordable compared to similarly sized cities throughout the U.S. Columbus is also the fastest growing city in the Midwest, with high housing demand. Major industries in the area diversify the economy, emphasizing the technology, finance, and education fields. If you’ve been considering jumping into the real estate investment world, Vutech & Ruff offer the following tips and suggestions to keep in mind.

How to Invest in Columbus, Ohio Neighborhoods

First things first: you need to figure out which direction you’re going to go when it comes to investment properties: a flipper for instant income, or monthly cash flow income on a rental.

House Flipping

The concept behind house flipping is simple: locate a house below market value, make some repairs and sell it at a profit. Your profit is determined by subtracting your purchase price and expenses from the sale price. While buying a house and flipping it is a more significant risk than rental properties, there can be a greater return on investment in terms of percentage yield. Other than that, flipping houses can be a lot of fun to do! Vutech & Ruff will help you find homes for sale and determine if you’ll meet the return on investment that you need. Buying and flipping real estate is a lucrative career for many – call us today to learn more about how Vutech & Ruff can help you start your real estate investment portfolio.

Best Neighborhoods to Invest in Columbus, OH for Flipping

When you decide to invest in properties to buy and flip, one of the most daunting tasks is determining which neighborhood or community is starting to heat up. The team at Vutech & Ruff has taken a little of the guesswork out for you with the following list of best neighborhoods to invest in Columbus, OH, to buy and flip houses in:

  • Italian Village: Once a neighborhood of Italian immigrants, Italian Village has undergone an incredible resurgence that brought new dining, shopping, and living spaces.
  • Franklinton: This area, known for reinvention, creativity, and crafts, has a thriving community that potential buyers are sure to fall in love with.
  • Old Towne East: With around 50 different architectural styles of homes, this area has been undergoing a significant revitalization over the past few years, making it a popular spot for homebuyers.

Best Neighborhoods to Invest in Columbus, OH for Cash Flow

Similarly, when you buy monthly cash flow real estate, you need to ensure that the area you’ll be renting the property in has appeals that will help you find tenants. The Vutech and Ruff team has compiled this list of the best neighborhoods in Columbus, OH, to invest in for monthly cash flow return on real estate rentals:

  • Victorian Village: Rich in history and community, this is one of the most energetic neighborhoods in Columbus. Many of the Victorian-style homes were built in the late 19th century and early 20th century, offering unique architectural details.
  • Upper Arlington: With a community that consistently draws people out at night while being close to the state capital and Ohio State University, the charming district of Upper Arlington is sure to attract tenants.
  • Grandview Heights: As one of the first suburbs of Columbus, Grandview Heights has been attracting established residents and young professionals for decades.

Contact Vutech & Ruff

Give us a call today and get started with investing in Columbus, Ohio with Vutech & Ruff.