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#379: Welcome to our First Friday bonus episode.\nOnce a month, Afford Anything presents a special feature called Invest Anywhere, in which we teach our audience how to invest in real estate from thousands of miles away.\nWe kickoff today\u2019s episode by discussing current market conditions. Yesterday the Fed raised interest rates by another 50 basis points, which means mortgages are more expensive than they\u2019ve been in years. Additionally, jittery investors worried about an impending recession led the stock market to its worst day of the calendar year so far.\nHow should we interpret the current market conditions? Is this a good time to buy an investment property? We cover this in the first 20 minutes of today\u2019s episode.\nNext, we discuss 5 challenges associated with investing in long-distance real estate investing: (1) fear, (2) accountability, (3) traction, (4) stress, and (5) relationships.\nWe elaborate on each challenge and offer solutions.\nFinally, we discuss 4 benefits to investing out-of-state: (1) competitive ability, (2) diversification, (3) returns, and (4) repeatability. We elaborate on four types of diversification: economic, strategy, business cycle, and asset based.\nEnjoy!\n\nFor more information, visit the show notes at https://affordanything.com/episode379\nLearn more about your ad choices. Visit podcastchoices.com/adchoices