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Afford Anything

Invest Anywhere: Learn About a City Like an Expert

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.63.4K Ratings

🗓️ 4 November 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

#411: In the final installment of this two-part mini-series, we walk you through becoming a subject matter expert in your investment city of choice. We discuss who you should talk to, where you can find them and what you should talk to them about. Timing of discussion points as of November 2022: 06:11: Who you should talk to 10:09: Why conversations with non- real estate professionals are important 11:49: Where to meet other real estate investors 13:19: Expanding your network, character due diligence and making friends 13:59: Thinking through others cognitive biases 15:56: Potential implications of neighborhoods with “good cash flow” 20:57: An example of objective feedback 29:40: Dumpsters, sewers, permits and problems: Other specifics to discuss For more information, visit the show notes at https://affordanything.com/episode411 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

You can afford anything but not everything.

0:12.0

Every choice that you make is a trade-off against something else.

0:15.0

And that doesn't just apply to your money, that applies to your time, your focus, your

0:19.2

energy, your attention to any limited resource that you need to manage.

0:24.0

Saying yes to something implicitly carries trade-offs and that opens up two questions.

0:29.1

First, what matters most?

0:31.1

And second, how do you align your decision making around that which matters most?

0:37.5

Answering these two questions is a lifetime practice.

0:40.4

And that's what this podcast is here to explore and facilitate.

0:43.1

My name is Paula Panett.

0:44.4

I am the host of the Afford Anything Podcast.

0:47.6

Typically we're a weekly show.

0:49.4

We normally air on Wednesday, ish.

0:52.4

Ish, right?

0:54.4

Ish.

0:55.4

Pretty much everything I do is like an ish.

0:58.2

But once a month, very consistently once a month, on the first Friday of the month,

1:03.8

we air a first Friday bonus episode co-hosted with Sunny Rao.

1:08.4

What's up, Sunny?

1:09.4

Hello.

1:10.4

It's the disembodied ghost voice entering the intro.

1:14.7

Surprise.

...

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