If the Buyers Ain’t Here, Then Where?

In my last two posts I have talked about getting into the investment game now instead of waiting.  If you are a buyer here in the Columbus Marketplace you should be looking and offering.  Nuff said on that.

 In the event you are a seller of investment property here in Columbus, did you know that many out of state investors are coming to Columbus and are paying more than the local investors will?

Why is this?  Because property in some other states is extremely expensive.  Some property has limited short term profit growth potential on re-sale and limited cash flow.

Properties here in Columbus are lower cost and have extremely good cash flow potential if purchased correctly.

Likewise, many local agents are now increasing their marketing efforts outside the local area and seeking buyers statewide and even nationally.  Our staff, for example, markets to buyers and agents in Texas, California and Florida in addition to Ohio.  These are direct efforts instead of passive website ones.  More on that later, maybe :)

Point here, I suppose, is that if you are a buyer or seller of real estate maybe it is time to think a little out of the box with your selling methods or buying areas.  Look outside your area.  If you want, come to Columbus and we can show what I mean.

 

1 Comments on If the Buyers Ain’t Here, Then Where?

Rich, who do you recommend for loans out there? I can't get the Cali lenders to work with me on the small loan amounts. I.E. under 75k loan amount.

07/19/2007 12:58 PM by John Evarts (Classic Property Management of Santa Clarita)


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Real Estate Agent: Rich Kruse (Gryphon USA, Ltd.)
Rich Kruse
Columbus, OH
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Gryphon USA, Ltd.

Office Phone: (614) 885-0020 Ext.: 17
Cell Phone: (614) 885-0020
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A lighthearted yet informative look at the real estate and asset sale professions. Gryphon services clients sale and management problems with creative and sometimes extremely aggressive solutions. Primarily a servicer for sellers, Gryphon's professional do also assist investor/ developer buyers with acquisition transactions where the company sometiems participates as a principal.

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