Invest Anywhere: There are THOUSANDS of Cities, Where Do I Invest?!
Afford Anything | Make Smart Money Choices · Paula Pant, Personal Finance Expert | Cumulus Podcast Network
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Show Notes
#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
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