Afford Anything - Invest Anywhere: There are THOUSANDS of Cities, Where Do I Invest?!

Invest Anywhere: There are THOUSANDS of Cities, Where Do I Invest?!

08/05/22 • 65 min

3 Listeners

Afford Anything

#395: Welcome to Invest Anywhere, our monthly series on long-distance real estate investing.

Invest Anywhere airs on the First Friday of each month and is co-hosted by Paula Pant and Suni Rao.

In this episode, we tackle the challenging decision of how to evaluate a city for rental property investment.

We will cover three specific sets of analysis, talking through a macro business cycle view, a more specific economic analysis, and then encourage you to review your own personal network.

Enjoy!

01:30: Topic introduction

2:30: Evaluation to be discussed: Business cycle, economics, and hierarchy of boots on the ground

5:48: High level look at the business cycle

08:40: The four phases of the business cycle

11:12: The peak phase of the business cycle

25:40: The recession phase of the business cycle

37:15: The recovery phase of the business cycle

39:40:: The expansion phase of the business cycle

47:10: Factors to consider when choosing a specific economy

57:48: Hierarchy of boots on the ground

For more information, visit the show notes at https://affordanything.com/episode395

Learn more about your ad choices. Visit podcastchoices.com/adchoices

#395: Welcome to Invest Anywhere, our monthly series on long-distance real estate investing.

Invest Anywhere airs on the First Friday of each month and is co-hosted by Paula Pant and Suni Rao.

In this episode, we tackle the challenging decision of how to evaluate a city for rental property investment.

We will cover three specific sets of analysis, talking through a macro business cycle view, a more specific economic analysis, and then encourage you to review your own personal network.

Enjoy!

01:30: Topic introduction

2:30: Evaluation to be discussed: Business cycle, economics, and hierarchy of boots on the ground

5:48: High level look at the business cycle

08:40: The four phases of the business cycle

11:12: The peak phase of the business cycle

25:40: The recession phase of the business cycle

37:15: The recovery phase of the business cycle

39:40:: The expansion phase of the business cycle

47:10: Factors to consider when choosing a specific economy

57:48: Hierarchy of boots on the ground

For more information, visit the show notes at https://affordanything.com/episode395

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Previous Episode

Ask Paula: How Much Should I Invest vs. Keep in Cash?

#394: Bill listened to our episode with Bill Bengen, father of the 4% rule, and he wants to know if there was a way for him to figure out how much money he should be keeping in cash.

Sheryl gets stock from her company, and she would usually sell it...but the stock value has decreased. And now, she isn’t sure what she should do.

Heather inherited an IRA but MUST empty it within ten years - but she doesn’t need it right now. What should she do??

Julie and her husband have access to an HSA for ONE MONTH. Can they max it out before they lose access to it?

In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough questions.

Enjoy!

Do you have a question on business, money, trade-offs, financial independence strategies, travel, or investing? Leave it here and we’ll answer them in a future episode.

For more information, visit the show notes at https://affordanything.com/episode394

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Next Episode

Creating Happiness At Work, with Julie Winkle Giulioni

#396: International best selling author and leadership speaker, Julie Winkle Giulioni, talks through a multidimensional career framework that features eight dimensions of career development.

She spells out how to apply the dimensions of contribution, competence, connection, confidence, challenge, contentment, choice and climb to different parts of your professional life, whether that’s assessing your current job, navigating a conversation with your superior or setting yourself up for the next progression.

In this episode, we cover:

01:15: Introducing the topic of optimizing engagement at work

05:02: The “Why” behind the Great Resignation

07:28: How to feel like you’re making a true contribution

14:01:The need to increase competence for growth

16:03: Solving for boredom with your superior

23:16: Forging connections in the era of remote work

32:18: Enhancing confidence and imposter syndrome

38:36: Appreciating the role of contentment in the workplace

39:18: The dimensions of choice and climb

Enjoy!

For more information, visit the show notes at https://affordanything.com/episode396