All Forum Posts by: Ryan Cretens

I switched from Quickbooks to RentRedi 5 months ago because the payment processing fee cost me $400 a month with Quickbooks. RentRedi claims to be a system built by landlords for landlords and I have to disagree. The number one problem with RentRedi is the total lack of customer support and yes with Intuit you will have to talk to an oversees call center but every question I needed help with got answered and all problems got resolved. With RentRedi you are reduced to talking to a "BOT" until an agent decides they want to chime in (still only on a chat window no phone numbers for RentRedit). Today was the final straw for me as I have come to realize you can not get a transaction report that shows a breakdown of deposits so I can show proof of rents received to my lenders. Appfolio is more expensive but after saving money for these past 5 months I have determined RentRedi could be free and I would pass.

RentRedi has some flaws for sure. I use it to manage my portfolio. Had several challenges with their bookkeeping after I had to make an adjustment to one of my monthly payments. I keep hearing great things about Tenant Cloud. Might be looking into that here soon.

1 Vote

Quote from @Noah Bacon:

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Awesome! Looking forward to this.

2 Votes

Quote from @Erica Lee:

Hello! I am doing some market research for these five locations for a potential short term rental opportunity. Please feel free to share your experiences (good or bad), any knowledge you have on the market, any regulations, or if you have any other insights! Thank you.

- El Prado, New Mexico

- Gleneden Beach, Oregon

- Wallingford, Washington

-Savannah, Georgia

- Stuart, Florida

Erica, give me a follow! I'm in the Savannah, GA area!

0 Votes

Quote from @Julie Asmussen:

What is a “second tier” market please? I was thinking of trying Savannah.

Hey @Julie Asmussen, I'm in the Savannah area. I just sent you a connection request. I believe what Jake means by 'second tier' markets are: the areas that are up and coming and/or seeing promising signs due to investor activity.

Best,

Ryan

0 Votes

I'm a real estate agent and long term buy/hold investor in Savannah, GA. I was fortunate to meet some phenomenal people in Orlando a few weeks back at BPCON23! I'd love to connect with more like-minded individuals here in the forums.

For those that are also on their REI journey, but didn't have a chance to attend the conference, what is your niche in this market/location?

0 Votes

Savannah, Georgia

Hey @Alex Ng, are you working with an investor-friendly agent? I can help you with some resources if you're still in the market.

0 Votes

Savannah, Georgia

@RaShandra Collins the next Savannah Cashflow event is on Thursday 11/16 at 6pm and will be held at Java Burrito in Downtown Savannah. Hope to see you there!

0 Votes

Savannah, Georgia

@Rashid Covington, I'm local to the Savannah, GA area. I'm an agent/investor myself. Are you still in the market? I'm happy to help.

0 Votes

Savannah, Georgia

Quote from @Alex Chiapetta:

Hey Brian,

I work down in Hinesville at Fort Stewart but commute from Savannah. Most of the tenants you will find in Hinesville will be military. Most people coming to Hinesville for work will likely stay in a hotel if they are using the Defense Travel System to book their travel. Moral of the story is I haven't seen much on the STR side of the market down there, your best bet is to make sure the numbers work as a LTR. Also Keep in mind the BHA rate for Hinesville, that drives a lot of renters decisions. I'm happy to talk to you about this in more depth.

-Alex

@Brian Willie I agree with @Alex Chiapetta on the STR or MTR play. I've got my eyes on Hinesville for my next rental. I think a little creativity and capacity for risk could work around the BAH rates. I think using a company like PadSplit could be an interesting move or there is always the option to treat it similarly to a group lease. Could work if you had a few buddies wanting to live together or perhaps individuals in similar situations?

0 Votes

Savannah, Georgia

@Carlos Quiros I'm a Real Estate Agent and Buy/Hold Investor in Savannah, GA. I'm happy to share some resources from the local MLS about the crime if you want to connect. Truth is, shootings can happen anywhere and downtown environments are more prone to it due to the population size. Here is my phone #: 919-622-5298.

I started out with a property in the rural town of Wilson, NC with a rough downtown environment. I was nervous as well, but I encourage you to do your research, follow the real estate development news, and run the numbers. I don't regret my decision whatsoever, but that is my subjective opinion. Wilson is on the outskirts of Raleigh, NC and hugs the I95 corridor very similarly to Savannah, GA, although nowhere near the same size or prestige. However, the area is starting to expand and I'm seeing the area appreciate. Good news for me!

I will say this. Savannah's supply is constricted. At a high level, if you've been following the headlines around the Hyundai news, GPA Expansion, in addition to the Hospitality/Tourism sector, there is a good chance that there will be more demand in the area with the # of jobs expected. I'm here to help you form your own conclusions and I'd be happy to represent you if you need a like-minded investor-friendly agent.

0 Votes

Savannah, Georgia

All Forum Posts by: Ryan Cretens

Ryan Cretens has started 2 posts and replied 20 times.

Post: 5 months using RentRedi and I HATE it

Post: Black Friday Book Sale!📚📚📚

Post: STR in these Areas

Post: A quick note from a STR Property Manager & Operator to an eager STR Investor ; )

Post: Investing Strategy - Greater Savannah, GA area!

Post: Investing in Multifam in Savannah Georgia

Post: Meet up groups/Using VA loan for investment property

Post: Rashid Covington looking for multi family homes

Post: Opinions On Investing In Hinesville, Georgia Near Ft Stewart

Post: Investing in sketchy areas....