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My experience working with RTR and their affiliates have been both good and bad. I have had direct conversations here on BP with Zach and he is a pretty humble guy with a wealth of knowledge. It'd be great if he could be the one to work directly with all of his investor clients but I guess that's what his investment strategists are for. I will say that RTR is not a scam, they are legit. Their ads are very appealing to new investors and those interested in turnkey (like myself). However, I do think there is opportunity for improvement on their process and maybe even the communication as well. The process from start to finish is not as smooth as I would like but it's not awful. Then again, I am that rookie investor that has a TON of questions all the time. I would say that my problem or "bad" experience isn't really with RTR directly, its more so with their affiliates like the property provider or lender or property manager, etc. and I don't know how much control RTR has with their affiliates. On a positive note, I guess I could say I do appreciate that RTR exist and because I decided to use them I was able to use their resources/affiliates. But after getting to a certain point in the process (keep in mind I haven't closed yet) I am left feeling extremely nervous with what the future holds on this property as far as some things go. Overall, I would agree with some other reviews that I've seen...you will either hate them or love them. It all really comes down to what your investment goals are. RTR may or may not be for you.
What are your good experiences seeing that you have not closed on a property, have no idea how it will perform, and don't like the communication nor their affiliates (which are a big promised part of the turnkey deal)?????
I understand your concerns. My good experiences come from the knowledge I've gained and the initial support I received from RTR. While I haven't closed yet doesn’t mean that I am not closing. Actually, I do have a close date. From a number standpoint (after doing my own due diligence) it works and should perform number wise. The performance of the property management? Of course no one ever knows until it’s in action. I don’t think I said I did not like their affiliates. You might have misread it. I said my bad experience was with their affiliates, there’s a difference. Sure there were communication challenges and that’s where I stated they and their affiliates can improve on. My review reflects both my optimism and my apprehensions as a new investor, and I'm still navigating the process. Thanks for your question.
If you need a second opinion on a neighborhood I live, invest, and work in the area.
@Richard SchubertI’d love to get your insights on the neighborhood since you have firsthand experience. Locals say Goodyear Heights closer to Tallmadge is better than most surrounding areas in Akron. What are your thoughts on this?
I’m sure every city has areas that should be avoided, so your perspective would be invaluable for many.
Tallmadge itself is a nice city, Goodyear heights is spotty and can be nice in a few block area and turn poorer as you drive down the street . There are nice areas all around Akron and in Akron itself. Cuyahoga falls, Stow, Monroe falls, fairlawn, some highland square areas. There are a few up and coming neighborhoods near the Copley road/downtown area where a developer is building new inner city homes just north of the zoo. You can always shoot me an address if you like. Kenmore can be spotty as well. Some areas are nice well kept neighborhoods and some as you get close to southwest Akron get into a poor area. I would buy in Kenmore.