[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Robbie Hendricks [@roberthendricks](/creator/twitter/roberthendricks) on x 10.4K followers Created: 2025-07-09 13:18:50 UTC Why am I investing in Ohio? Couple data points you (probably) don’t know: • Ohio is the 7th most populous state, larger than multifamily darlings like Arizona, Tennessee, Georgia, South Carolina, and North Carolina. • While statewide population growth is positive - but slow - due to continued erosion of rural rust belt towns, the cities are growing, with many submarkets crushing it. • It’s wildly affordable, and our stabilized target rents are well below XX% of household income, even after the pandemic run-up. • Despite that, new construction is well-below demand, as the major cities in the Midwest are largely already developed. • Cincinnati, my hometown, was the 6th largest city in the US in 1850, and nearly every parcel of land within XX minutes of the city has already been developed. • Sure, there are redevelopment plays from old industrial that are being completed, but most multifamily is going to be value add or new development XX minutes out in the ‘burbs. • We are short anywhere from XXXXXX - XXXXXX units out here in our city alone, and last year we set a record of 4500 new units built. Compare that to 55,000-ish in Dallas. • Because new supply isn’t being built like crazy - and we’ve avoided the STR juggernaut that upsets housing prices and plagues the sunbelt cities - our housing market and rents have remained stable and predictable. • As a reminder (just kidding, you didn’t know), Cincinnati led the nation last year in rent growth at XXX% according to Redfin. • Cincinnati has stalwart, old school Fortune 500s like P&G, Kroger, Fifth Third Bank, GE Aerospace, and Cintas, not flash in the pan startups that may or may not be around in X years. This keeps high-paying jobs flowing, and supporting jobs in demand (5.5x population multiplier). • Ohio State is one of the top X largest public universities in the US, providing a consistent flow of grads to Ohio jobs. • Manufacturing is migrating back to the Midwest right now, as employers seek to build roots in favorable business climates where employees can afford to live. Rust belt resurgence. • Like all markets, though, you have to know it. Can’t just YOLO in and pray. Markets get soft like everywhere. Things get overheated. So with all of that said - we love Ohio, and the greater Midwest, as a hub for our firm for years to come.  XXXXX engagements  **Related Topics** [arizona](/topic/arizona) [investment](/topic/investment) [Post Link](https://x.com/roberthendricks/status/1942936483909775511)
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Robbie Hendricks @roberthendricks on x 10.4K followers
Created: 2025-07-09 13:18:50 UTC
Why am I investing in Ohio?
Couple data points you (probably) don’t know:
• Ohio is the 7th most populous state, larger than multifamily darlings like Arizona, Tennessee, Georgia, South Carolina, and North Carolina.
• While statewide population growth is positive - but slow - due to continued erosion of rural rust belt towns, the cities are growing, with many submarkets crushing it.
• It’s wildly affordable, and our stabilized target rents are well below XX% of household income, even after the pandemic run-up.
• Despite that, new construction is well-below demand, as the major cities in the Midwest are largely already developed.
• Cincinnati, my hometown, was the 6th largest city in the US in 1850, and nearly every parcel of land within XX minutes of the city has already been developed.
• Sure, there are redevelopment plays from old industrial that are being completed, but most multifamily is going to be value add or new development XX minutes out in the ‘burbs.
• We are short anywhere from XXXXXX - XXXXXX units out here in our city alone, and last year we set a record of 4500 new units built. Compare that to 55,000-ish in Dallas.
• Because new supply isn’t being built like crazy - and we’ve avoided the STR juggernaut that upsets housing prices and plagues the sunbelt cities - our housing market and rents have remained stable and predictable.
• As a reminder (just kidding, you didn’t know), Cincinnati led the nation last year in rent growth at XXX% according to Redfin.
• Cincinnati has stalwart, old school Fortune 500s like P&G, Kroger, Fifth Third Bank, GE Aerospace, and Cintas, not flash in the pan startups that may or may not be around in X years. This keeps high-paying jobs flowing, and supporting jobs in demand (5.5x population multiplier).
• Ohio State is one of the top X largest public universities in the US, providing a consistent flow of grads to Ohio jobs.
• Manufacturing is migrating back to the Midwest right now, as employers seek to build roots in favorable business climates where employees can afford to live. Rust belt resurgence.
• Like all markets, though, you have to know it. Can’t just YOLO in and pray. Markets get soft like everywhere. Things get overheated.
So with all of that said - we love Ohio, and the greater Midwest, as a hub for our firm for years to come.
XXXXX engagements
Related Topics arizona investment