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

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

And now here's your host, Marco Santorelli.

Welcome to passive real estate investing. Now here's your host Marco Santorelli.

Welcome to Passive Real Estate Investing.

I'm your host, Marco Santorelli.

And we have a very special show for you today.

I have Dr. Andrew Schiller on the show from Neighborhood Scout and that product is something

we use a lot in addition to many other tools.

But I've been wanting to get Dr. Schiller on for three or four months now because he's a very, very smart guy who aggregates a lot of data and has a tool called Neighborhood Scout.com that's been around for many, many years and it's just

chock full of information. When we talk to investors a lot of times we go

from talking about the market to talking about the property and although there's consideration

and thought about the neighborhood, it seems that many investors kind of skip over the neighborhood

as if it's just something that is attached to the hip of the property.

But really a lot plays into the decision of what you're investing in because of the neighborhood.

The demographics may be crime, schools, the percent of owner-occupied

homes, the number of people with college degrees, whether they're white-collar, blue-collar

workers, income levels, and all that kind of stuff. So where do you get that data?

Well it's peppered all over the internet. You can go to many different websites and pull some of it from here and some of it from there.

Bureau of Labor Statistics, you know the different government

websites, but there's no one website or one place where you can get all that

data but one of the websites that we'd like to use is Neighborhood Scout.com and there's a lot of that information, not everything, but a lot. And so, you know, it's just one of the tools in the toolbox. And so on today's show we have Dr Schiller talking about his

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