54 min listen
Invest Anywhere: 4 Benefits and 5 Challenges of Long-Distance Real Estate Investing
FromAfford Anything
Invest Anywhere: 4 Benefits and 5 Challenges of Long-Distance Real Estate Investing
FromAfford Anything
ratings:
Length:
75 minutes
Released:
May 6, 2022
Format:
Podcast episode
Description
Welcome to our First Friday bonus episode.
Once a month, Afford Anything presents a special feature called Invest Anywhere, in which we teach our audience how to invest in real estate from thousands of miles away.
We kickoff today’s episode by discussing current market conditions. Yesterday the Fed raised interest rates by another 50 basis points, which means mortgages are more expensive than they’ve been in years. Additionally, jittery investors worried about an impending recession led the stock market to its worst day of the calendar year so far.
How should we interpret the current market conditions? Is this a good time to buy an investment property? We cover this in the first 20 minutes of today’s episode.
Next, we discuss 5 challenges associated with investing in long-distance real estate investing: (1) fear, (2) accountability, (3) traction, (4) stress, and (5) relationships.
We elaborate on each challenge and offer solutions.
Finally, we discuss 4 benefits to investing out-of-state: (1) competitive ability, (2) diversification, (3) returns, and (4) repeatability. We elaborate on four types of diversification: economic, strategy, business cycle, and asset based.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode379
Learn more about your ad choices. Visit megaphone.fm/adchoices
Once a month, Afford Anything presents a special feature called Invest Anywhere, in which we teach our audience how to invest in real estate from thousands of miles away.
We kickoff today’s episode by discussing current market conditions. Yesterday the Fed raised interest rates by another 50 basis points, which means mortgages are more expensive than they’ve been in years. Additionally, jittery investors worried about an impending recession led the stock market to its worst day of the calendar year so far.
How should we interpret the current market conditions? Is this a good time to buy an investment property? We cover this in the first 20 minutes of today’s episode.
Next, we discuss 5 challenges associated with investing in long-distance real estate investing: (1) fear, (2) accountability, (3) traction, (4) stress, and (5) relationships.
We elaborate on each challenge and offer solutions.
Finally, we discuss 4 benefits to investing out-of-state: (1) competitive ability, (2) diversification, (3) returns, and (4) repeatability. We elaborate on four types of diversification: economic, strategy, business cycle, and asset based.
Enjoy!
For more information, visit the show notes at https://affordanything.com/episode379
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
May 6, 2022
Format:
Podcast episode
Titles in the series (100)
Football and Hip-Hop's Financial Advisor Rob Wilson Talks About Managing Celebrity Money: #19: Financial Advisor to the stars, Rob Wilson, gives us the inside scoop on what kind of help celebrities and sports heroes need. What he tells us may surprise you! For more information, visit the show notes at https://affordanything.com/episode19 by Afford Anything