How to Analyze the Local Economy of an Area

#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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