The biggest mistake I see new investors make is falling in love with the property before they fall in love with the numbers. The house looks great. The neighborhood is improving. The rent seems high. The seller says it’s a “great investment.” Maybe it is. But none of that matters if the numbers don’t work. […]
For long-term, mid-term, and short-term rental investors. Two numbers to anchor this month. 6,193. That’s Central Ohio’s single-family and condo inventory in August — the highest August level in over a decade, per Columbus REALTORS®. 7.3%. That’s the national rental vacancy rate, per the Census Bureau, essentially unchanged from a year ago. Translation: you have more product to buy, and the […]
