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Afford Anything

Invest Anywhere: Should I Bother Investing in Long-Distance Real Estate?

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.63.4K Ratings

🗓️ 1 July 2022

⏱️ 49 minutes

🧾️ Download transcript

Summary

#389: Should you bother investing in real estate … especially from a distance? Is the hassle worth it? What’s the upside? Do you really want this? Or should you just stick with index funds? Isn’t it scary to invest out-of-state? How do you know if you’re ready? In today’s episode of Afford Anything Presents: Invest Anywhere, my co-host Suni Rao and I tackle these common questions. For more information, visit the show notes at https://affordanything.com/episode389 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.

0:10.8

Every choice that you make is a trade-off against something else, and that doesn't just

0:14.4

apply to your money.

0:15.6

That applies to your time, your focus, your energy, your attention to any limited resource

0:20.7

that you need to manage.

0:22.5

And that opens up two questions.

0:24.3

First, what matters most?

0:26.2

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

0:33.0

Answering these two questions is a lifetime practice, and that's what this podcast is

0:36.7

here to explore and facilitate.

0:39.4

My name is Paula Pant.

0:40.4

I'm the host of the Afford Anything Podcast, and today's episode, my co-host of the Special

0:49.0

Afford Anything Presents Invest Anywhere series, my co-host Sunny Row joins me.

0:55.6

Hey, Paula, how are you doing?

0:57.6

I am great.

0:59.6

For some context, especially for anyone who's new to this, we are normally a weekly podcast.

1:05.0

We typically air episodes every Wednesday, but once a month on the first Friday of the

1:10.6

month, we air a first Friday bonus episode, and this first Friday bonus episode is a special

1:16.1

presentation that we refer to as Invest Anywhere.

1:21.6

It's all about how to invest in real estate long distance.

1:26.5

So if you live in a high cost of living area, and you're thinking about investing out of

1:30.7

state thousands of miles away, these first Friday bonus episodes are for you.

...

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