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Passive Real Estate Investing

TBT: Make Better Decisions Using Neighborhood Info for Real Estate Investors

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

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

4.8953 Ratings

🗓️ 29 November 2024

⏱️ 44 minutes

🧾️ Download transcript

Summary

Throwback Thursday Episode (The episode originally took place in the year 2016) Click Here for the Show Notes It's not enough to analyze a property, or even the overall market.  The neighborhood surrounding your property is permanently attached and important to consider when investing in rental properties.  You want to make sure that you understand where you're investing and that it fits your goals and investment criteria. On this episode we talk to Dr. Andrew Schiller.  Dr. Schiller is the Founder, CEO and Chief Scientist of Location, Inc.  He is responsible for inventing the search and neighborhood matching algorithms that powers www.NeighborhoodScout.com. This is an episode you'll want to listen to twice. If you missed our last episode, be sure to listen to TBT: 5 Strategies to Benefit from Inflation Download your FREE copy of:  The Ultimate Guide to Passive Real Estate Investing. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW   (Thank you!) SUBSCRIBE on iTunes  |  Stitcher  |  Podcast Feed    Websites: Passive Real Estate Investing Norada Real Estate Investments Ask Marco Norada Capital Management #LearningRealEstate #AskMarco #PassiveRealEstateInvesting #Turnkeyproperties #RealEstatePodcast #Investment #investors #RealEstateInvestors #RentalProperties #TurnkeyProperties

Transcript

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0:00.0

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

0:05.7

substantial passive income while creating wealth for the long term. And now, here's your host, Marco

0:11.7

Santorelli. Hello, my friends. Welcome back to passive real estate investing, where we dive into

0:17.5

the world of real estate investing, among other related topics, to help you

0:20.9

with your real estate investing journey. Today, we're doing something a little different.

0:26.2

We're going to take a trip down memory lane and showcase an important episode from the past

0:30.7

on what we call our Throwback Thursday episode. Now, whether you've been with us since the beginning,

0:36.4

which goes back to 2015,

0:38.6

or you're tuning in for the first time, this episode is a must listen. We are revisiting one of our

0:45.2

more popular episodes from the past. And believe me, what we discussed back then, whether it's

0:50.7

six months ago or six years ago, is just as relevant today. So sit back, relax,

0:57.0

and let's rewind the clock for this great episode. Enjoy. We have a very special show for you today.

1:03.5

I have Dr. Andrew Schiller on the show from Neighborhood Scout. And that product is something we use a lot

1:10.2

in addition to many other tools. But I've been

1:12.7

wanting to get Dr. Schiller on for three or four months now because he's a very, very smart guy

1:18.4

who aggregates a lot of data and has a tool called Neighborhood Scout.com that's been around for

1:24.8

many, many years. And it's just chock full of information. When we

1:29.0

talk to investors, a lot of times we go from talking about the market to talking about the

1:35.2

property. And although there's consideration and thought about the neighborhood, it seems that

1:40.9

many investors kind of skip over the neighborhood as if it's just something that is attached to the hip of the property.

1:47.5

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

1:53.2

The demographics, maybe crime, schools, the percent of owner-occupied homes, the number of people with college degrees, whether

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