How 2022 inflation and a potential recession will impact real estate investing

With all the things happening in the market, it’s so easy to feel overwhelmed and struggle with indecision. In this episode, Paula Pant is back on our show to provide clarity in these challenging times. She goes in-depth on recession and inflation and offers actionable advice on how we can move past the uncertainty and make smarter bets in an inflationary environment. As the founder of AffordAnything.com, Paula also shares insights on the barriers of entry to real estate and why we should give more value to our time. Paula Pant is a podcast host, writer, speaker, and media commentator on financial independence and real estate investing. She is the creator and host of the Afford Anything podcast, which has more than 15 million downloads, and 2,100 reviews, and is ranked by Apple Podcasts as one of the Top 50 Business podcasts. Her website, AffordAnything.com, draws 2.5 million annual page views and holds more than 63,000 email subscribers. Quotes • “Every choice is a trade-off and you can afford anything, but not everything.” (13:48-13:54) • “The tangibility of a home makes it feel a little bit more like quote, unquote, real. It makes it more salient and it requires a deeper level of commitment." (17:33-17:47) • “By definition, we will only know if we are in a recession in hindsight because that definition, two consecutive quarters of negative growth, ee have to look back at the last two quarters.” (21:40-21:49) • “Are your personal finances in a place where you can absorb both the outlay of capital as well as a degree of uncertainty?” (29:56-30:06) • “ Think holistically about the risk all around and counterbalance different forms of risk.” (35:39-35:44)  • “Fill your schedule with all the things that you can't outsource.” (40:09-40:12) Connect with Paula: Website: https://affordanything.com/  Instagram: @paulapant Facebook: https://www.facebook.com/AffordAnything/  Twitter: @AffordAnything Learn more about rental property investing and sign up for Paula’s course: https://courses.affordanything.com/ Download the free e-book, 7 Expensive Rental Property Mistakes to Avoid: https://affordanything.com/mistakes/ Join Paula’s Real Estate VIP List: https://affordanything.com/vip-list/  Resources mentioned:  Laura Vanderkam The Power of Now by Eckhart Tolle The Millionaire Next Door by Thomas J. Stanley and William D. Danko The Next Millionaire Next Door by Thomas J. Stanley and Sarah Stanley Fallaw The 7 Habits of Highly Effective People by Stephen Covey Rich Dad Poor Dad by Robert T. Kiyosaki The Rich Dad Radio Show: What makes a great investor? With Liz Faircloth and Andresa Guidelli Kristen Berman How To Join the InvestHER Movement  1) The Real Estate InvestHER Podcast - The weekly show details the journey of some of the most amazing women real estate investors around the world, who open up their lives and share practical and strategic tools for growing a rental portfolio, flipping houses, and the mindset that allows them to run a successful investing business while taking care of their families and most importantly taking care of themselves. Subscribe via: Apple Itunes  Spotify Amazon Music Android   Stitcher    2) The Real Estate InvestHER Membership  STRIVE is a one-of-a-kind membership for experienced women investors looking to make deeper connections and take their Real Estate business to the next level. It is more than a transactional membership, and it is a transformational experience for women looking to live life on their own terms. Apply today. We open doors in June. https://www.therealestateinvesther.com/reserve  3) InvestHER Community on Facebook  We have thousands of members in our Facebook InvestHER Community (and growing!) This is a safe place for women to ask real estate investing questions and gain the support they need to achieve their goals!    4) InvestHER Meetups Around the Globe  We have Investher Meetup members attending in-person meetings across the country and Canada. Meetups are being held monthly by experienced InvestHER Leaders! Learn more about our InvestHER leaders, meetup locations, and how to become an InvestHER Leader HERE!     5) InvestHER™ eXp Team Our mission is to empower women in Real Estate to live a financially free and balanced life, and we are extending our support to Real Estate agents worldwide.   We have created exclusive content and support for the InvestHER™ eXp Team: *Top skills and strategies to grow YOUR business *How to utilize your “real estate agent” advantage to become a real estate investor *Monthly live masterminds *Become part of Libertas Organization with top coaches, Tim and Julie Harris. Jonna Hall Weber is leading our team. If you have any questions or are ready to join our team, click here to schedule a call with her.