Analyzing Locations From a More Objective Perspective

[Albert Velasquez]

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!

[Stephen Brown]

Hey! I would say your best bet is to use city-data.com and talk to local agents and pick their brains. They will know which streets and neighborhoods are better. I would also use sites like communitycrimemap.com for crime and greatschools.org for education. Also try using the Bereau Labor of Statistics.