I would still purchase a property unseen, heres whya) if the purchase will be secured by borrowing, it doesnt matter how much I like it, if the lender thinks it is not good security they will not lend.b) With google maps and other online statistics you can learn about a neighbourhood, the distance to get there, the sort of cars parked on it etc without going through the length of visiting.I personally would really only need to see a property if I was looking to live in it.

I start at a Metropolitan Statistical Area level (MSA) and drill down from there.

James,I'm sorry you took his comment so personally; however, demographic is the statistical characteristics of a population.

he is asked to speak to some very large gatherings of individuals from all walks of business because of his detailed analysis and use of statistics to come to conclusions before taking action.I have never invested money with Dave because of the investing I do here in Memphis, but have Masterminded with him and his sons many times and they are good people.

Sounds like its a statistical argument.

It literally becomes a selling feature... almost as if I had put a McDonald's in the front yard.In fact, statistically speaking, many of the highest sales in my area have sold with Ikea cabinets.

After that the agent has to book the time for the sale at public notary, the buyer transfer the money to the escrow, and bang, t's sold.The difference with an agent like that and the agent presenting a real estate company with good reputation, is that the latter usually goes for an exclusive contract with the owner and advises on selling price, process and sales strategy before listing their property.Anyway, all the info, regarding statistics of deals and prices, about previous owners of the properties, is available for everyone, for free or for a very small fee.

Instead of trying to paint a rosy picture the agency should have been reporting statistics accurately - then there would not be any problem.

The outliers, in the statistics world we ignore these.Class A - Slim profit, hope for Appreciation bump.Class D - High COCR, but you need to keep repair/maintenance/vacancy at bay.I think its safe to say most folks here have a slight advantage over many who buy a property and hope for the best.

For me personally I can find really great opportunities in the outlining MSA areas.The city of Atlanta in Fulton county is different than investing in Atlanta which the ( metropolitan statistical area ) has over 20 counties included in it.So I focus on outside areas where taxes are lower and water and sewer rates and crime aren't through the roof.