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Passive Real Estate Investing

Ask Marco - Choosing the Right Neighborhood | PREI 288

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6968 Ratings

🗓️ 9 September 2020

⏱️ 14 minutes

🧾️ Download transcript

Summary

Today's question comes from Raj who wants to know how he can assess what type of neighborhood a location is and if there are any go-to sites to make the search.   Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing. IF YOU LIKE THIS PODCAST we would love it if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you!

Transcript

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0:00.0

Welcome to passive real estate investing the show where busy people like you

0:04.7

learn how to build substantial passive income while creating wealth for the

0:08.6

long term and now here's your host Marco Santorelli.

0:12.3

Hello and welcome to passive real estate. Now here's your host Marco Santorelli.

0:13.2

Hello and welcome to passive real estate investing

0:15.9

and another episode of Ask Marco

0:18.0

where I answer your investing questions.

0:20.5

If you're new to the show,

0:21.6

remember to click that subscribe button so you never miss another episode of the Ask Marco or of our regular passive real estate investing episodes.

0:29.0

So today's question comes from Raj and Raj writes in and says,

0:33.0

Hi Marco, I am very inspired by your podcast,

0:35.6

very valuable information in each and every episode.

0:38.7

He says, I'm taking the equity from my rental property

0:42.0

in Los Angeles and planning to invest out of state.

0:45.0

Working with your team has been very helpful.

0:47.0

My goal is to get to 20 single family residential homes in the next few years

0:51.0

so I can get the cash flow to be financially independent and retire

0:55.0

from my 9 to 5 job I currently have.

0:58.0

My question is, when I look at a house for sale, mainly when it is out of state how do I assess if the location is an

1:06.6

A B or a C I can currently spend almost an hour by going to multiple local websites to assess income levels,

1:16.4

schools, crime, and other characteristics before, I'm guessing, if it is an A or a C or a B.

1:22.3

Is there an easy way to search by location?

...

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