On the First Friday of each month, we air a special bonus episode.
Historically, these episodes have been the same as our normal weekly shows. They alternate between interviews and community Q&A episodes.
But for more than a year, I’ve wanted to create something special, something that makes these monthly bonus episodes stand out from the pack.
Today (and no, this is not an April Fools’ Day joke, that’s just comically unfortunate timing), we’re thrilled to roll out a new special feature that will air on every First Friday episode, from this point forward.
It’s called Invest Anywhere, a special feature presentation by Afford Anything. It’s co-hosted by me (Paula) and my incredibly accomplished teammate, Suni Rao.
Suni is a real estate investor with 7 units; she purchased most of her units from out-of-state. She’s been investing for four years and has experienced the gamut: she’s bought single-family, duplexes, multiunits, even a mobile home park. She’s financed through househacking, investor loans, and private loans. She’s bought-and-held, she’s flipped (sometimes accidentally), and she’s wholesaled.
She’s my co-host on the Invest Anywhere series, a proud new feature that we’ll run on the First Friday of each month.
This series will focus on how to invest in real estate long-distance.
Enjoy the inaugural episode!
______
How do people make money in real estate?
Many focus on rental income, but this is only one of five ways that properties create wealth.
We explain five surprising ways that real estate builds your balance sheet: cash flow, appreciation (market-based and forced), tax benefits, principal paydown, and instant equity at closing.
Why does this matter for long-distance investors?
If you’re investing out-of-state, you’ll need to choose a city or town. How do you decide? First, think about how you want to bias your returns. Do you want to optimize for cash flow? More appreciation potential? Identifying this will help you align your city/town selection with your financial goals.
If you’ve been thinking about investing in real estate – especially if you might invest long-distance – you’ll love this episode.
Enjoy!
Thanks to our sponsors!’
Apartments.com
Want to streamline your leasing process and find the perfect tenant? Apartments.com lets you list your units, screen and receive applications, create leases, collect rent, and track maintenance and expenses, for free. It’s the number one rental network. Go to apartments.com/paula to get started.
Shopify
Diversify your business by selling physical and digital products through Shopify’s all-in-one platform. Every 28 seconds an entrepreneur makes their first sale on Shopify! Go to shopify.com/paula for a free fourteen-day trial and get full access to Shopify’s entire suite of features.
Faherty
In need of a summer wardrobe that will last you for years to come? Faherty makes the perfect clothes for summer. They come in a wide variety of prints and they come with a lifetime guarantee of quality. Faherty will fix or replace your clothes for life. Get 20 percent off all your summer clothes when you use the code affordanything22 at checkout on fahertybrand.com.
Novo
Novo is powerfully simple business checking – unlike the traditional banking model, Novo has NO minimum balances, NO transaction limits, and NO hidden fees. Instead of a one-size-fits-all approach, Novo is customized to your business – to save you time and free up cash flow – with seamless integrations to Stripe, Shopify, Quickbooks Online, and more. Sign up for your FREE business checking account RIGHT NOW at novo.co. Plus, Afford Anything listeners get access to over $5,000 in perks and discounts.
