Defining Markets Podcast: John Wilhoit Interview with J Darrin Gross

Multifamily Insight Names CoreLogic as Preferred Tenant Screening Provider

National publications about rent growth, vacancy rates and appreciation can make the news about Multifamily sound GREAT all over.  The truth is; all Real Estate is local; the news in San Francisco is not the same experience in Topeka, KS or Jacksonville, FL.

This is a 50+ minute live interview with guest John Wilhoit and host J Darrin Gross.  It’s an open forum conversation between John and Darrin about defining multifamily markets entitled: Multifamily Markets: Primary versus Secondary and Tertiary. Click here to listen.

Mr. Gross has a podcast show on the Commercial Real Estate Pro Network.  The discussion is entitled:  Multifamily Markets: Primary versus Secondary and Tertiary.

Understanding the market, demographics & characteristics of neighborhoods is essential to any predictable outcome when investing in real estate.

“Who” are the people in the market?

Primary Markets

  • What is the population size of a Primary Market?
  • What is the Median Income?
  • How many Primary Markets are there?
  • Where are the Primary Markets?
  • What features in an Metropolitan Statistical Area (MSA) define a Primary Market ?
  • Return on Investment expectations in a Primary Market

Where are the 24 Hour Cities?

Secondary Markets

  • How far is a Secondary market from a Primary Market?
  • What population size determines a Secondary Market?
  • What is the employment picture?
  • Is there an Airport or Sports Team in a Secondary City?
  • What is the growth pattern like?

Tertiary Markets

  • How far is it from a Secondary Market?
  • How many people live in a Tertiary Market?
  • Is there a Wal-Mart in a Tertiary Market?

Find out more about Mr. Gross at J Darrin Gross.

This article is intended to be informational only and does not provide legal, financial or accounting advice. Multifamily Insight.

Multifamily Insight Names CoreLogic as Preferred Tenant Screening Provider

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