Invest Anywhere: Six Strategies to Make Money in Real Estate

Afford Anything

Paula Pant | Cumulus Podcast Network

Entrepreneurship, Business, Investing

4.6 • 3.4K Ratings

🗓️ 3 June 2022

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

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Summary

#384: Welcome back to the third episode in our special series, Afford Anything Presents: Invest Anywhere. Invest Anywhere is a new monthly series that runs on the First Friday of each month. It lays out the information you need to invest in real estate at a distance. Many of you want to invest in real estate, but you live in a high-cost-of-living area. (Ahem, California and New York). The homes in your city are prohibitively expensive, and they offer lackluster returns. You could invest in a lower-cost area like Cincinnati, Indianapolis, Omaha or Wichita … but HOW? That sounds terrifying. We’re here to dismantle that fear, piece by piece, by sharing our knowledge and experience. The Invest Anywhere series is dedicated to giving you the guidance you need to make smart, confident choices about investing out-of-state. It’s co-hosted between myself (Paula) and esteemed real estate investor Suni Rao, who’s experienced everything ranging from buy-and-hold rental investing to (accidentally) wholesaling. She’s managed short-term and long-term rentals. She’s owned houses, multi-units, and even a mobile home park. She joins me in this episode to talk about a variety of strategies that will help you make money in real estate. For more information, visit the show notes at https://affordanything.com/episode384 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.
0:11.0	Every choice that you make is a trade-off against something else and that doesn't just
0:14.6	apply to your money.
0:16.2	That applies to any limited resource you need to manage, like your time, your energy,
0:20.8	your focus, your attention, saying yes to something implicitly carries all kinds of trade-offs.
0:27.6	This opens up two questions.
0:30.0	First, what matters most?
0:32.0	Second, how do you align your decision-making around that which matters most?
0:38.4	Answering these two questions is a lifetime practice.
0:42.5	And that's what this podcast is here to explore and facilitate.
0:45.7	My name is Paula Pat.
0:46.7	I'm the host of the Afford Anything Podcast.
0:48.9	We are typically a weekly show.
0:51.8	These days we've been airing every Wednesday.
0:55.2	But once a month, on the first Friday of the month, we air a special first Friday bonus
1:01.5	episode.
1:02.5	So welcome to the June 2022 first Friday bonus episode.
1:06.1	And we've recently started doing something really fun and special with these first Friday
1:09.8	bonus episodes.
1:11.3	We have a special presentation dedicated to long-distance real estate investing.
1:15.6	It's called Invest Anywhere.
1:18.7	And my co-host for the Invest Anywhere series is Real Estate Investor Sonny Rao.
	...

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