In this episode, Austin interviews Cody about his first investments, land deals in Panama and apartment in Columbia. Those deals allowed him end his career as a firefighter and become a full time investor. He learned a ton about investing in Latin America and shares what he learned from the "school of hard knocks" of investing. Enjoy!

0:00 - Intro

01:02 - Austin’s intro for Cody

02:02 - Cody’s background as a Firefighter

06:05 - His first deals in El Salvador and Panama

09:54 - Is buying real estate abroad risky?

11:52 - The difference between buying real estate in the US vs LATAM

16:54 - The global real estate arbitrage

18:46 - How he purchased his land in Panama

20:02 - The difference between investing in Columbia and Panama

22:07 - The investment case for Cali Columbia

27:05 - Cashing out in Columbia and the challenges of management

28:49 - The best way to make money with real estate in LATAM

30:00 - What is Land Banking?

32:15 - Cheap deals in the United States

33:00 - Three tips for international real estate investing

How Cody got his start as an investor by purchasing land in Panama