CL may not be very effective depending on your demographic.

So far I've completed the demographics of the area, I've gotten a feel for the rental market and I've gotten my contractors to view the site with me.

However, since it is generally expected that newer buildings will have higher rents than older buildings, and high quality tenants will pay more for nicer space then a fledgling business would pay Cap rates are expected to be lower in new construction properties, and high quality assets, like high rises in urban areas.You can extrapolate that further and make generalizations about geographic areas, saying that a certain neighborhood is known for better quality buildings and therefore might have a lower cap rate overall than the neighborhood one zip code over.Analyzing details about income and expenses, tenant quality, and demographics about the property neighborhood are more important than analyzing cap rate, in my opinion.The cap rate is a valuable tool to compare two like income producing properties.Hope that helps.

I don't do the guru thing so I'm not sure how they pitch it, but it struck me as a demographic which could use an out.

I did some demographic and economic analysis to narrow my search to those areas which I think are good rental markets, so I will look for my first rental property within those areas unless some really good deals come to me.

We follow a very lean model but only invest in certain areas with certain demographics/markets.

I say he appeals mostly to minorities only because he tells you very clear that his target demographic.

I would be happy to help show you what's currently available in the Fresno area  and can get the rents for you too ( in most cases) Right now there is duplex north of Shaw that is getting $1676/mo - asking price is $184,500By comparison, you can also pick up a fourplex just south of Belmont getting $2325 /mo for $195,000two completely different neighborhoods and demographics - depending on your preferences and objectives either one can be a good deal for you.There are four investors groups in Fresno you can attend - just check out meetup.com to see which ones work best for you. best of luck to you - let me know if I can help with anything .. best wishes

At the end of the day, I think you just need to make sure that you are not "over-improving" the property for the neighborhood and buyer demographic.

We have a fairly strict requirement on the amount of land we need and the demographics.