What you should know about investing in the Savannah, Georgia market

George Meyers was born and raised in Savannah. During his years as a business owner, George learned a lot about business and the inner workings of the business. Today he prides himself in helping new and existing entrepreneurs make educated decisions that will help their businesses be more successful. In years past George has owned and sold numerous personal properties that include commercial, residential, and investment. This personal, commercial, investment, and business experience helps him better understand his client's needs. Today George is a full-time professional Realtor and the founder and principal of Mia Madison Properties LLC. He is a member of the National Association of Realtors, Georgia Association of Realtors, Realtors Commercial Alliance of Savannah/Hilton Past president of the Savannah Landlord and Real Estate Investors Association. Savannah, Georgia was the beneficiary of rapid growth in the first part of last year but settled into a more sustainable pace that we have become familiar within today’s economy. That said, the city has undergone a considerable amount of growth in the past 18 months. Tourism, port activity, business services, and above all – the housing market –set the stage for above-average employment and economic growth. Today, George talks about investing in Savannah, Georgia: market trends, neighborhoods, price to rent ratio, economic drivers, geographic considerations, and more. Episode Links: https://www.miamadisonrealtygroup.com/george-meyers/  --- Transcript Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: Hey, everyone, welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today I'm joined by George Meyers, who's our Roofstock certified agent out in the Savannah Georgia market and today George is gonna be talking to us about everything we need to know if we're considering investing out in that market. So let's get into it.   Everyone, just a quick shout out to the Rootstock Academy before we get started with the episode. Rootstock Academy is your one stop shop for real estate education, whether you're just starting out, or a seasoned investor, or just looking to learn more about real estate investing as a whole, we've got something for you. Over 50 hours of automated lecture access to one on one coaching private slack forums and more, come check us out a roofstockacademy.com. Look forward to seeing you in there. Happy investing.   George, what’s going on, man. Thanks so much, take the time to hang out with me. I appreciate you coming on.   George: Michael, thanks for having me. I really appreciate you having me on.   Michael: Oh, of course. My pleasure, so right out the gates, give me your elevator sales pitch on why should people be investing in Savannah, Georgia?   George: Savannah is a man is one of the best markets are the best one. What we have in our areas is a lot of different drivers for investment. One would be military, we have a lot of military that come into the area which make our rental market really, really good. The great thing with that is it's a good economy and bad economy doesn't matter if we have a high economy or low economy we have renter's because of military. We also have a lot of manufacturing plants that produce no matter where there's a high income or low income situations. You know, for rentals, we also have the ports, we were one of the largest ports in the country, and we just deepened our harbors. So we're growing even more and they're saying that will probably be the number one in the next