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Updated almost 3 years ago,
Analyzing Locations From a More Objective Perspective
Hi BP
I know my local area pretty well from living here. I know what areas are crime-ridden, and what areas have the best schools. I feel like my analysis of locations is more subjective, and reliant on my personal experience than it is objective, and based on numbers/statistics. How can I move away from analyzing on the basis of personal experience, and move closer to analyzing a location by doing the proper research? Also, what even is the "proper research" I should be doing?
I ask this because I want to move towards an OOS investing model, and I need to learn how to analyze a property's location using only the numbers.
Thank you everyone!