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.
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Today we tackle one of the most common questions we hear:
“Should I bother investing in real estate?”
“Is the hassle worth it?”
“What’s the upside? Is this worth my time and effort?”
“Do I really want to do this?”
“Maybe I should just stick to index funds …”
How can you methodically, systematically dig into answering this question?
In this episode, we’ll help you take a personal inventory of four factors: your time, capital, relationships, and mindset.
Time, capital and relationships are the resources at your disposal, and your mindset governs how well you’ll use those resources.
These four factors will have a major influence on your experience as a long-distance investor.
And there’s good news:
Plenty of successful investors start out with empty coffers in one or more of these arenas.
They’re strapped for cash. They’re pressed for time. They lack connections.
In this episode, we discuss how to inventory your time, cash and connections (you might have more than you think!), as well as what to do if you’re lagging in one or more of these arenas.
Enjoy!
