Passive Income Doctor: Recent Episodes
Daniel
Join Dr Dan who is on a mission to improve financial health for doctors and healthcare professionals. Interviewing guests who are on the journey to passive income that enables better lifestyle choices.
In this chat with Daniel Jones, he shares his insights into parallels between doctors and pilots, as he works with these 2 groups as a mortgage broker. He shares his backstory, from working in a bank to becoming a pilot, to pivoting out of aviation once COVID lockdowns happened. And re-entering world of finance as he grows his mortgage broking business.
Find out more about Daniel Jones-
Specialist Broking | About Daniel Jones and the Business
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Doctors and burnout is a common theme. In this episode, joined by Dr Urszula Carr, who also does coaching for burnout. Urszula shares personal story of how burnout as a busy doctor, single mum and trying to get ahead financially also.
She shares some strategies in her 'toolkit' that doctors may find useful too.
Find out more and connect with Urszula at-
Transform Your Medical Career - MedicRevive
Previous episode with Urszula-
Interview with Dr Urszula Carr (NHS to Australia, Life Coaching)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Hectic first half of 2026, under offer on numerous properties. Negative sentiment in terms of interest rates, war, CGT and negative gearing changes.
How I balance (or try to) finances/investing with lifestyle/holidays.
If you are a doctor or dentist in Australia interested in property, join facebook community-
Doctors Property Network | Facebook
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
In this episode, we chat with buyers agent Johnson Lin- how renovating can boost your equity.
Now renovation by yourself can be daunting, we talk about what type of investor should consider a renovation project, when to do, and also traps to avoid!
Having gotten bathroom renovation quote of $45,000 does prices vary with metro vs smaller town. what questions to ask of the trades?
Johnson also shares a case study, and I ask some hard hitting questions about uplift from market vs from the reno itself.
Other episodes:
Buying your first property? or getting stuck?
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Today we welcome a special guest, Dr Bi, Sydney based doctor, founder of Investing for Doctors facebook group, and also more recently IFD podcast also. He is also founder of Australian Medical angels.
In this 1st part, we get to know Dr Bi, his background, journey through medicine, also how created one of the largest fb groups for doctors and dentists in Australia, and also what learnt from seeing so many doctors ask similar questions.
➢money backstory, growing up in China and Singapore
➢neuroscience at USyd, to medical school
➢pivoting from surgical career to ED CMO, and also business ventures
➢Investing for Doctors Facebook group with 30,000+ members- what are some common themes/issues facting doctors and dentists in regards to finances
➢what can doctors do today to improve their financial future
Connect with Bi: Home - Doctor Bi
Other episodes:
Dev Raga personal story (Frugality, surgery to GP, net worth target)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Tasmania had a massive growth run 2016-2022, so why are some investors buying now? New AFL stadium, new larger and faster Spirit of Tasmania ferries etc.
Growth has occurred already in the last 6-12months, with yields compressing, now below 5%. A lot of investors and buyers agents hunting for properties.
Devonport in particular has had a stellar growth of 16% in the last 12months at time of recording.
When a selling agent asks for "best and final offer", what does that mean?
Other episodes:
Property predictions for 2026
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
In this episode, joined by doctor and mortgage broker Leon, we discuss Melbourne and regional Victoria market for 2026 and beyond.
Some suburbs including Broadmeadows, Dallas, Frankston have gone up 10-20% in the last 12 months. Stay to the end where we discuss some controversial suburbs: Werribee, Melton.
We also discuss the property purchasing process, from finance preapproval, to finding a property and then conveyancing, building pest through to settlement. Hot tip: check the special conditions on the contract of sale.
Other episodes:
Melbourne HOT or NOT? with Richard Bharata
Darwin property 2026?
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
In this informal stye chat with optometrist turned BA Johnson, we discuss why getting your first 1 or 2 properties is so important, not just for equity growth but also investor confidence.
Then we discuss scenarios when people are stuck with a couple of properties, and not sure how to progress.
We discuss where value plays can be had- including Melbourne and Victoria such as Bendigo, Ballarat, Geelong. However one downside is the lower rental yields.
Perth, Brisbane, and Darwin is still rising strongly.
Supply and demand is important, with indicators such as days on market, vacancy rates, as well as building approvals.
Johnson- Prime Vantage
Other episodes:
initial chat with Johnson- 6 properties in under 3 years (Johnson Lin)
Property predictions for 2026
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
In this episode, we discuss 6 ways doctors (or really anyone) can improve their borrowing power, to purchase their next property.
Joined again by mortgage broker and doctor Leon, we discuss
1.improving income (assessable vs non-assessable)
2.reducing credit cards (or at least reducing limit)
3.getting rid of car loans/personal loans
4.checking credit history
5.finding an investment savvy mortgage broker
6.selling property?
Other episodes:
How medical student Leon bought 3 properties(800k equity)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Lending is critical for growing a property portfolio, and there are some significant changes coming to borrowing in 2026.
In this update, joined by doctor and mortgage broker Leon, we discuss 2 big changes for 2026- DTI (debt- to- income ratio) limits, and also trust lending changes- big banks including Macquarie and CBA have pulled out.
And also we discuss importance (or more importantly, really how important) interest rates are for those looking to buy in 2026.
I'm on a mission to improve doctors financial literacy, especially when comes to property. Follow Leon and also my socials, for more tips and behind the scenes into our daily lives:
Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Leon | Mortgage Doctor (@themortgagedoctor_) • Instagram photos and videos
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Where to buy in 2026? Many investors have started buying in Darwin, a relatively affordable capital city in Australia. I share some recent purchases, rental yields, drivers for growth.
Other episodes:
Buying my first property at 23 years old
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Will admit more recently I have been leaning more towards capital growth rather than cashflow, especially when earlier in investing journey/accumulation phase. One reason being, if working, any additional income will be taxed at your marginal tax rate, and for many doctors that's the highest tax bracket 47%.
May make more sense in retirement to have focus on cashflow.
Of course, cashflow management is still important- do not want too negatively geared properties to the point that you can't hold them.
In this episode with BA Richard, we discuss some cashflow strategies- granny flat, duplex, unit blocks, NDIS, rooming homes.
Also, we talk about some common sayings "Cashflow keeps you in the game but capital growth gets you out of the rat race"
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
In this episode, I discuss property predictions for 2026!
SQM boom and bust report 2026 discusses what growth to be expected for different cities next year. It was bit suprising to me still expecting strong growth for Adelaide, Perth, Brisbane (surely near the peak?...or not)
I also discuss some of the markets I have been purchasing in also.
Let me know where are you buying in for 2026? And which market do you think will perform the best?
Resources:
25.11.25_Housing_Boom_and_Bust_report_2025_media_release.pdf
Other episodes:
Melbourne HOT or NOT? with Richard Bharata
Perth buyers agent (David Hall Interview Part 1)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Youtube channel/video podcast: Passive Income Doctor - YouTube
Amazing to hear people able break through barriers- I was astounded when heard uni student was able to purchase 3 properties (I had zero myself as a medical student). Listen to this episode to see how Leon Polychronopoulos was able to do so.
How first home buyer grants may not be the best choice (opportunity cost of buying in Geelong at the wrong time in the cycle)
How use financing options (dad as co-borrower)
What he looks for when picking a suburb to buy, how unconditional offers may get you the property in a hot market.
How inspired to pursue mortgage broking on the side.
Check out more about Leon at https://www.instagram.com/themortgagedoctor_/
other health professionals who have shared their property portfolios:
6 properties in under 3 years (Johnson Lin)
How a couple built a 40 property portfolio in Australia
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this episode, we discuss how GPs can still bill compliantly whilst doing great patient care, reduce administration tasks, Dr Casey himself has noticed increase billings per hour of 14%.
We discuss med school, investing in shares property and now business. From buying a thriving GP practice and growing it from 21 to 30 doctors.
And more recently, launching startup MBSPro, and AI scribe and MBS billing platform for GPs.
Casey has limited time promo code PASSIVEMBSPRO
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this episode, we chat with buyers agent Richard Bharata, we discuss pros and cons of purchasing property in Melbourne. He shares some case studies and how navigating land tax and compliance (minimum standards) is part and parcel of the investing game.
He also updates us of his impressive portfolio- 14million dollars in 4 years!
➢tips on sourcing property yourself
➢case study of 70k below market value
➢listener Q+A- including thoughts on suburbs such as Epping (northern suburbs) and Melton (western suburbs)
➢how lack of action is killing many investors dreams of passive income
Check out Richard's website:
Home - iProperty Finder
Also feel free to ask Richard questions at: richard@ipropertyfinder.com.au
earlier episodes with Richard:
1st chat with Richard- Interview with Property Investor Richard Bharata (6 properties in 18months)
Capital Growth vs Cashflow (Richard Bharata)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this episode part 2 of chat with Dr Annalyse Crane, we explore challenges involved with practice ownership, including negotiating purchase of the business premises.
➢being your own landlord
➢painful lesson about property purchasing and contracts- how to avoid paying double stamp duty!
➢why tenant doctor will generate more revenue than allied health
➢creating a culture where doctors want to come work at your practice
➢Annalyse goals: succession planning (many doctors leave it too late!), setting up opportunities for kids
Connect with Annalyse-
(2) Annalyse Crane | LinkedIn
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this chat with Dr Annalyse Crane, we explore journey from PE teacher to studying medicine. Work ethic, taking calculated investment risks, juggling work with kids is just a typical day for her! Topics discussed include:
➢first job $5/hr
➢what sparked change from teacher to study medicine
➢buying first property at 21 years old
➢having a spouse who shares same values (including financial)
➢medical intern, whilst raising young kids!
➢special interest in aviation medicine
Connect with Annalyse at:
(2) Annalyse Crane | LinkedIn
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Today we chat with Scott Yip, banker turned mortage broker. With 15 years experience with lending, he shares how lending has changed over the years.
➢funny story how he accidentally fell into banking career.
➢different between active and passive property investing
➢self-development- property courses
➢property development site for townhouses- issues such as hydraulics, then council rules changed making the development fall flat!"
➢thoughts about "unlimited borrowing power"
➢differences between lending for residential and commercial property
Find out more about Scott at:
Yippee Finance | Mortgage Brokers Near Me | Free 45 min consultation
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Can you actually lose with property investing in Australia? seems everyone talks about the positives and the big wins, but often downsides are not talked about. In this episode, I'm going to shed some light- so you make an informed decision.
Some disadvantages include:
1.large lumpsum to get started
2.property is illiquid
3.maintenance!
4.bad property managers
5.rising costs (insurance, rates, land tax etc)
6.paperwork!
7.negative cashflow (in most cases)
- can buy the wrong property
Other episodes:
Buying my first property at 23 years old
How a couple built a 40 property portfolio in Australia
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
How do I as an early 30s GP in Australia, set goals. In this episode, we talk about financial, professional and personal goals. SMART goals.
We talk about 50/30/20 rule for high income earners.
Avoiding lifestyle creep- easier said than done often.
Other things to consider: super contributions, review personal insurances, setting a budget.
Other episodes of interst:
Money Management Part 1 (Budgeting, Buckets, and Credit Card Hacks)
Income protection Explained (chat with advisor Jason Hugo)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this episode, we go behind the scenes with another doctor podcaster- Dev Raga. Long episode, where Dev shares some real gems, taking us behind the scenes- from a particular moment in David Jones as a kid, to medical school, to mastering the 3A's as a surgical trainee, to then GP. He also reveals how much he earns in a year, and also net worth target.
He also shares some insights from his many episodes and also interviewing and chatting with numerous doctors- what are the similarities? Hint: some earn lots and never get started with investing.
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this chat with Dr Gihan "Dr G", we explore his backstory in medicine, investing in yourself, as well as what process was like becoming an author of "Do Happy", and now business coach for lifestyle medicine practitioners looking to widen their impact.
We discuss what lifestyle medicine entails for Dr G, and what inspired him to do long consultations with his patients when working part-time as a GP.
Find out more about Dr G at:
Dr Gihan - GP | SPEAKER | MENTOR | PODCASTER
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Inspiring chat with Johnson, optometrist and buyers agent. At just 27 years old, he has gone from zero to 6 properties in under 3 years!
Inspirational seeing young healthcare professionals achieving great things.
Another large portfolio story:
How a couple built a 40 property portfolio in Australia
find out more about Johnson:
About — Prime Vantage
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this chat with Dr Jason Yu, we discuss money story, journey through junior doctor years, and becoming a GP with special interest in alleriges.
•choosing a business partner
•money backstory-humble beginnings, parents working a stall at Haymarket in Sydney
•inefficiencies in the hospital system
•own allergies health story
•being a patient making you a better doctor
•skin prick testing
•nasoendoscopy
•immunotherapy
•rhinolight, haytox
Find out more-
Meet Dr Jason Yu
Another episode with Dr Jason Yu- how to enter med school:
Buzzsprout
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Today we have a special Guest- Dr Avi Charlton, GP and founder of Melbourne Low Carb Clinic.
Graduated From Melbourne Uni 2000, GP since 2003. She has done extensive education with Low Carb Down Under and Nutrition Network. She has done additional training with The Australasian College of Nutrition and Environmental Medicine (ACNEM). Also recently become a speaker
•how does a GP develop a special interest in weight management?
•only 12% population metabolically health
•types of diet- low carb, keto, carnivore
•myths around "5veg, 2 fruit" and is margarine better than butter?
•insulin resistance
•calories- but quality of the calories
•healthy fats
•breathwork
•social media and doctors
•having an open mind as a doctor
Find out more:
Dr. Avi Charlton - Melbourne Low Carb Clinic
Dr Charlton's podcast- Prescribing Lifestyle with Dr Avi Charlton - Podcast - Apple Podcasts
Other similar episodes-
GP to Weight loss entrepreneur (Dr Angela, Enlighten Me)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Today we interview Dr Jason Yu, GP and Co-Founder of MissionMed, which provides UCAT and medicine interview training.
•why chose medicine (and personal story)
•undergraduate vs graduate medicine
•medicine entry getting more competitive
•journey into med school, his UMAT/UCAT score, how failed first time interview
•what is working as a doctor really like, how to know if right for you
•common interview questions (and mistakes)
•how partnered up to deliver MissionMed programs
•is the interview something you can actually train for?
• differences between UNSW, Western Sydney University, University of Newcastle/New England, James Cook University
Find out more:
Meet Dr Jason Yu
UCAT Extended Mastery Program | MissionMed
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Han and AIlinh, from running optometry business to now buyers agents. Humble beginnings, working locum jobs, and growing to 40+ property portfolio.
•day-to-day juggling tasks, getting great deals
•growing up in South Western Sydney, saving way to first deposit
•how mentor helped avoid Off the plan disaster
•riding the 2004-2007 Perth wave, doubling in 3 years
•often doctors/optometrists/healthcare workers too busy to focus on building wealth
•Logan Brisbane development from 1 to 8 dwellings. getting up at 4am to visit the site, and flying back same day
•goal to get to 50 properties this year
Find out more:
About Us Your Leading Perth Buyers Agent - Focus Buyers Agent
other large portfolio stories:
Dr Anna Pham's Property Journey
Interview with Property Investor Richard Bharata
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Gail Carmody helps doctors and healthcare workers pass high stake exams and job interviews.
From early days working as a nurse at St Vincent's in Sydney, to Director of Nursing, CEO and then Business Development Manager roles in the private healthcare sector in multiple countries- New Zealand, Singapore, Malaysia, Indonesia, UAE. What are the differences in health care systems, and what are the common struggles for doctors across the world?
•how healthcare and business worlds come together
•16 hour days
•her morning routine, and importance of 'controlling the day'
•doctors not taught how to run private business, get appointed to work in private hospitals
•debate: public health vs private health system?
• what was nursing training like back in the day? (living on hospital campus, and thrown into the deep end)
•1.5yr into nursing training, buying own home
•tips for going for leadership roles in healthcare- case studies
• starting a weight loss business in another country
•asking for help
•changing mindset, when faced with not knowing the answer to a problem.
• breathwork- box breathing
Find out more about Gail at:
Coaching for Healthcare
gail@coachingforhealthcare.com
Other podcast episodes:
GP to Weight loss entrepreneur (Dr Angela, Enlighten Me)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Munzural Khan, accountant, and founder of KHI Partners, sits down in a behind-the scenes interview. He shares his philosophy of service in his business, also property journey to a sizeable portfolio, and finishes with a case study on a high-earning doctor who felt was paying too much tax!
•helping new doctors, all the way to multi-centre clinic owners
•starting out own business in the shadow of the Global Financial Crisis
•Day 1 with just 5 clients, projected yearly revenue $15,000(but yearly rent $35,000!). 18 properties at the time.
•without a grand masterplan, still managed grow to 25 partners, 7 offices, 140 members
•story how he got into 1st property (with encouragement from parents)
•long term holding property
•case study on an anaesthetist, and the importance of playing within the rules with tax. Holistic planning with the wealth creation journey- property, shares, SMSF, wills and estate planning.
Find out more: https://khipartners.com.au/advisory-board/ - KHI Partners Munzurul.Khan@khipartners.com.au
Other similar episodes:
Tax for doctors
Doctor Salary Australia | Which specialty earns the most?
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
We revisit this hot topic-How much do doctors in Australia actually make? And is there a pay gap between the states? (NSW, Queensland, Victoria, South Australia, ACT, NT, Western Australia, Tasmania)
Which are the high paying specialties?
Finally, we explore the pathways for IMG doctors to work in Australia.
Resources/links:
MABEL study on GP and specialist earnings-Melbourne Institute Working Paper No. 12/2010 (unimelb.edu.au)
Medrecruit article-Discover the highest paying doctor jobs in Australia in 2025
IMG doctors entry to Australia-Overview of assessment pathways (amc.org.au)
Check out another episode: Why Doctors don't get Wealthy
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
In this episode, we have a behind the scenes chat with Dr Angela Kwong- GP and founder of Enlighten Me-a doctor designed meal replacement shake for weight loss.
Not only do we discuss the weight loss industry in Australia, but also Angela's journey in medicine and also investing. Migrant background, working hard, investing with her first paycheck, and now launched not one, but 2 startups!
Find out more about what Dr Angela is up to:
https://enlightenme.com.au
https://linkedin.com/in/drangelakwong
https://facebook.com/drangelakwong
https://instagram.com/drangelakwong
https://tiktok.com/drangelakwong
https://youtube.com/@drangelakwong
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
•Dr Anu's experience with locuming, and how StatDoctor can revolutionise this space
•leaving steady pay-check, to zero pay security with building a start-up
•building a brand
•how StatDoctor can make it easier for doctors, and cost-effective for hospitals
•developing an app
•AUSCEP(Australian Clinical Entrepreneur Program)
•locum rates collapse-what's going on?
Check out:
Home - StatDoctor
(1) Dr Anu Ganugapati 🩺 | LinkedIn
previous chat:
Interview with Anu (Locum Doctor Australia)
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Phil retired at 53 years old, but found retirement mind-numbingly boring, and so he decided to draw on his experience to help others buy commercial property- specialising in retail shops.
I thank Phil for sharing in depth behind-the-scenes how he finds deals.
•the extensive due diligence required for commercial property
•keeping in contact with agents
•how he values a deal
•finding out about the all about the lease (duration, terms, security/guarantee, is it a net lease
•be wary of expenses left off by selling agent(backflow testing, public liability, annual audit)
•zoning
•body corporate minutes
•why sees value in SE Qld
•views on office space
•types of retail he likes
Find out more at:
ABOUT THE BOOK – Engines of Wealth
Other similar podcast episodes:
Steve Palise- Commercial Property Myths
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
WARNING: Controversial topic. But you may be a doctor wondering why you just can't get ahead. High single or dual incomes but high expenses: mortgage, insurance, CPD and registration, private school fees for kids, new care, a couple of holidays here and there- it all adds up! Not to mention medical school HECS debt. ...and most doctors don't earn high incomes until their 30s (or even later once achieved Fellowship), compared to other professions who have had a head start earning and investing in their 20s.
In this episode (revisted), I explore why some doctors are not as financially well off. Then I explore the opposite: how doctors CAN get wealthy.
Other links/episodes:
Passive Income with 2.5Million dollar portfolio (Dr JL part1)
Buying my first property at 23 years old
Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810
Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos
Personal insurances often something put in the 'too hard' basket, but to kick of the new year- good time to reflect and review. In this episode with Bluerock insurance advisor Jason Hugo, we explore:
• when should you consider getting insurance (tip: easier to get when younger/healthier)
•differences with income protection, TPD, trauma insurances
• level vs stepped premiums, breakeven points
•insurance changes since October 2021
•agreed value vs indemnity value
•cancer diagnoses being common event for claims
•case studies
•is there such a thing as over-insurance?
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Inspiring in-depth interview with Dr Tom Lee, founder of Hopmedic, a telehealth and locum job portal.
His medicine and entrepreneurial journey has been ups and downs.
•big life decision to move from NZ to Australia, to pursue dream of medical school
•shock when entering junior doctor workfoce
•locum opportunities
•active trading: shorting the share market, and making 50X returns
•personal portfolio, including crypto
•businesses (hint: pivoting leads to success)- ranging from sneakers, to arancini balls, to a mobile app that delivered CBT therapy for pre and post-operative pain.
•Hopmedic, hitting 1 million in revenue in 6 months
Reach out to Tom on Linkedin, and find out more about his company here: Hopmedic ⋅ Best jobs from top agencies in one place
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In part 2 of my chat with Dr JL:
•personal philosophy on property investing.
•cashflow vs capital gains.
•Perth market.
•exit plan for property?
•Dr JL passive income funding his travel!
•Dr JL first hand experience with MLM
Take home tips:
Paying yourself first.
Taking action.
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Dr JL, GP shares his career journey, and investing journey.
•BPT background to currently working General Practice
•humble beginnings to now passive income
•Rich Dad Poor Dad, Barefoot investor, How to Create an income for life (Margaret Lomas)
•property portfolio 2.5M
•property spruiker story (what red flags to look out for)
•first investment property bought for $330k in Adelaide
•managed funds and index funds, and shares (in lead up to GFC)
•owner occupied property
•mining share (Lynas rollercoaster)
•latest Perth purchases (rent return from $330 to $570/wk)
(Dr Dan): In other news: I've been receiving few property related questions lately, keep sending them in and I will do a Q+A session.
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Hot topic is SMSF (Self Managed Super Fund)
•what minimum balance to start SMSF•what assets do doctor clients invest inside SMSF•property and SMSF, how can be powerful tool to growth retirement savings•case study- commercial property. growing from 1 to 6 million!
Disclaimer- as always, speak to your own licensed advisor
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Part 2 in chat with Dr Kristal Lau. having lived and worked in many countries, she shares her experiences and perspectives on healthcare and business differences.
Also she shares how she is dominating her niche area and growing a community.
Some topics covered include:
•differences between US and Australian healthcare system
•her experience living in Germany and France,
•setting up consulting business- and solving a gap in the market regarding postpartum wellness.
•mindset on frugality, investing
•having the 'money talk' with your partner
•aging population and is relying on the government pensions for retirement wise?
•transferable skills from medicine to business
•tips for female doctors
US Healthcare System Explained (youtube.com)
Website: www.bridgesinhealth.com
LinkedIn: www.linkedin.com/in/klyql
YouTube: www.youtube.com/@drkristallau
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this episode, we interview Dr Kristal Lau- journey from medicine to entrepreneurship and postpartum wellness consulting.
•medical school, BPT
•geriatrics specialty, and a sad story about palliative care
•life changes, military spouse, Masters of Public Health
•psychology of money- drop in come as stay at home spouse
•becoming an author
•USMLE
Find out more about Kristal:
Website: www.bridgesinhealth.com
LinkedIn: www.linkedin.com/in/klyql
YouTube: www.youtube.com/@drkristallau
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Another insightful episode with property investor and BA Richard Bharata.
We cover age old debate "capital growth vs cashflow"
•Richard's recent purchase Melbourne, how yield compares to regional QLD
•resi vs commercial
•some cashflow strategies- granny flat, duplex, unit blocks, NDIS, rooming homes
We talk about some common sayings "Cashflow keeps you in the game but capital growth gets you out of the rat race"
If you are a doctor and keen to chat about property- email passiveincomedoctors@gmail.com or reach out to me on socials.
If you wish connect with Richard and find out about how he can help:
iProperty Finder – Australia Wide Buyers Agent
richard@ipropertyfinder.com.au
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In Part 2 of chat with Dr Anna Pham, we discuss
•resi vs commercial property cashflow numbers
•thoughts on buyers agents
•building a community of doctors to take interest in investing (LifeCycle Projects)
•teaching children importance of finances
•investing in 10 year cycles
Connect with Dr Anna Pham-
Anna Pham | LinkedIn
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
We have a special guest- Dr Anna Pham- GP, entrepreneur, property investor.
In Part 1 of this interview, we discuss:
•medical school, and choice of specialty
•how lending has changed over last 2 decades
•Anna's impressive property portfolio
•philosphy on Principal and Interest repayments
•mindset, investing as a single mum
•commercial property
•acting on opportunities when others can't get finance
Connect with Dr Anna Pham-
Anna Pham | LinkedIn
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this part 2 of interview with locum agent Max, we discuss:
•do locum agents really prioritise one doctor over another?
•last minute cancellations!
•Max's 3 strike rule
•media perception that locum agencies are driving up healthcare costs
•workforce planning for healthcare services
•tips for locum doctors, and how to get in touch with Max:
mdrakeley@wave.com.au
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this chat with locum agent Max, we discuss:
•which medical specialties get the highest rates
•doctor preferences for lifestyle and shorter stints post-COVID
•behind the scenes look at the work locum agents need to do
•how GPs can upskill to do rural generalist roles
•urgent care, telehealth, and the challenges...
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
"Multiple income streams" is often stated as way to get ahead financially.
In this episode, we explore some side hustles that doctors can do, including:
• locuming (especially rural locations)
• consulting
• medicolegal work
• writing (for medical journals, developing guidelines for primary health network)
• cosmetics
Additional note- as of 2024, anecdotally the locum market has changed in Australia, with downward pressure on rates. This could be variety of reasons- from more doctors coming from overseas, and also state governments tightening spending.
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
We are back for part 2 interview with Perth buyers agent David Hall.
•dark side of rental growth
• horror story about self-managing a property
• more strategies (e.g. combining duplex lots)
• tips for negotiating with a seller
• how a junior doctor bought their first property for 740k, with development potential.
Resources/links:
Why is Australia Suffering From a Rental Shortage? 2023 (buyersagencyco.com.au)
Contact David at: Contact Buyers Agency Co Perth | Property Buying Specialists
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
How much does mining, oil and gas influence Perth's property market?
What is driving the current boom?
In this interview with Perth buyers agent David Hall, we discuss overview of Perth market, his personal investing philosophy and much more.
•difference between current market 2024 and last boom 2004-2007)
•what is a balanced market for Perth
•retain and build strategy
•HMO strategy
•WA economy, and trends for energy- green hydrogen etc
•prediction: 20% growth for rest of 2024!
Resources/links:
Perth house prices to boom then bust - MacroBusiness
HMO Investing & Management Services | Buyers Agency Co.
What is green steel and how can it help us reach net zero? | World Economic Forum (weforum.org)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Property investing involves assets worth hundreds of thousands to millions of dollars- so choosing someone to manage this asset is so important.
We have all heard stories about difficult tenants, and property managers missing things and even not contactable! Property managers have a difficult task, and also have high turnover.
I have learnt over the years questions to ask. In this episode, I share 5 tips when selecting a PM.
Other resources:
What landlords should look for when choosing a property manager (domain.com.au)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this episode, I give an update on Passive Income Doctor, and how portofolio is faring- interest rates in last 2 years gone from 2% to 6.5%. Headline inflation has been 7%p.a but when I see property prices, grocery prices, it seems more like 10-20%.
I also talk about finance challenges- obstacles in obtaining lending. I discuss the current 3% interest rate servicing buffer, DTI limits.
I finish with some practical tips how to get through difficult financial times, and finish with mindset minute of the week: "Wealth is the transfer of money from the impatient to the patient. "
Articles of interest:
Overview | Statement on Monetary Policy – May 2023 | RBA
Why Is the Consumer Price Index Controversial? (investopedia.com)
APRA holds 3% serviceability buffer - Mortgage Business
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this episode we chat with Dr Urzula Carr, histopathologist, and life coach.
We discuss journey from Poland to UK, working in the NHS, and then life in Australia.
We talk about some property wins including granny flat/studio, feasibility studies for property development.
Finally we discuss her journey, how life coaching and self development helped her through some dark times, and how she intends to help doctors with burnout.
Find out more about Urszula at: Home - MedicRevive
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Why the trend is from bulkbilling to mixed/private billing?
The Medicare rebate freeze, and effects on general practice sustainability.
The rising costs of running a small business.
Steps doctors and practices can implement to transition to private billing:
1. meeting to discuss
2.advertise in advance- notice to patients
3. train reception staff, implement processes.
Info for patients/community members- why is there a gap:
Fees Gap Poster.pdf (ama.com.au)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
We have back on the show Richard Bharata, property investor and buyers agent. We catchup on what's happened in the last 12 months, some recent cracker deals. Also he shares some common investor mistakes, and also some tips for interstate investing. Finally we discuss Perth property market, and also predictions for what areas and price points will do well.
Check out Richard at: iProperty Finder – Australia Wide Buyers Agent
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Age old question, buying own home vs investment property? And which one first?
Where rentvesting sits in the picture?
It is a personal question, however in this episode I explore some things you may have not considered before.
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Holidays and taking timeout is important for doctors. How to optimise this, and how it can help you be a better doctor.
Also I talk about my (controversial opinion) on points hacking, and some hidden dangers.
Other resources/reference:
Why Physician Vacation Time is Vital | JAMA Career Center (jamanetwork.com)
Historic change to Declaration of Geneva | Australian Medical Association (ama.com.au)
Choosing a credit card - Moneysmart.gov.au
How Credit Card Rewards Devaluations Can Eat Into Your Rewards (fool.com)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this episode, we explore basics behind index funds and ETFs- rising popularity over last few decades. Also, how it stacks up against active/managed funds.
As always, please note this is general information, and not personalised financial advice.
What Are Index Funds, and How Do They Work? (investopedia.com)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Theres a common saying "Its time in the market, not timing the market". I believe long term horizon for investing is important, however timing entry into a market is also important- to get early wins, to give some confidence; also to avoid buying at a peak and experience big falls.
In this episode, I talk about market cycles, presidential cycle, property clock, and much more.
Other resources:
Market Cycles: The Key to Maximum Returns (investopedia.com)
Month in Review - Herron Todd White (htw.com.au)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this episode, I interview Claire Lim, medical student and co-founder of ScriptAI, an artificial intelligence tool to help doctors write notes. We discuss her entrepreneurial journey, including sourdough, Electronic Medical Records and AI tools. Importance of pivoting, and creating solutions for challenges in everyday life and clinical medicine.
Check out ScriptAI-scriptai.co
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
In this episode, I chat with Eamon, a medical recruiter looking after locum doctors all around Australia. We start by discussing the motivations and benefits for locum doctors, then explore some challenges/pitfalls that can happen- sudden cancellations, doublebooking, job not accurately advertised.
We touch on some challenges facing rural healthcare in Australia, and I ask about what makes some doctors quit locuming, and what makes some rural hospitals excel in attracting regular returning doctors.
Other resources/interesting articles:
Five-Point Plan to Build Rural Medical Workforce | Australian Medical Association (ama.com.au)
Connect with Eamon- (Eamon Murray (MRCSA) | LinkedIn
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
How can busy doctors set up their personal finances to maximize chance of success?Todays episode, I share 5 steps that you can take to simplify your finances.
1. Assess your current situation
2. Set a compelling goal
3. Develop habits (track spending, regular self-education, monitor savings rate)
4.Action plan
5. Reassess/re-evaluate
Other resources: Some “Thing” to Talk About? Differential Story Utility From Experiential and Material Purchases - Amit Kumar, Thomas Gilovich, 2015 (sagepub.com)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Today, we review what property prices did in 2023, and what factors are shaping the Australian property market for 2024.
I also discuss some key announcements from the 2023-2024 Budget regarding healthcare, and discuss trends with General Practice, healthcare spending, and private health insurance.
Thanks to your support for 2023, wishing everyone well in their endeavours into 2024.
Resources:
Will house prices go up in 2023? The answer largely depends on interest rates - ABC News
20.11.23 Housing Boom and Bust report 2024.pdf (sqmresearch.com.au)
RACGP - Government’s key Medicare Budget measures kick in
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Today we chat with Dan Sofo, Sydney buyers agent who covers bluechip areas such as the highly desired Eastern suburbs. We cover his journey from hospitality to real estate, his investing philosophy. Stay tuned to learn some tips on property negotiation.
-long hours, and managing 70 staff in hospitality business
-importance of assets outside of business
-solving problems as a buyers agent
-Dan's own portfolio, and investing philosophy
-outside of Sydney, where in Australia he is seeing value?
-3 constraints of supply: geography, heritage, planning
-storytime: excellent purchase (where essentially got the dwelling for free!)
-tips on property negotiation
-Dan's plans for the future
Resources:
connect with Dan Sofo - Buyers Agent Sydney I Buy Better, Buy Faster With Agent Dan Sofo (unicornbuyersagents.com.au)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Margaret Lomas is a recognised Australian property expert, and the best-selling author of nine property investment books, including 20 Must Ask Questions for Every Property Investor.
Dr Dan shares his thoughts, and some key takeaways:
1. Identifying tomorrow's blue chip areas can boost your returns.
-
Appealing to families is important- owner occupiers tend to drive capital growth.
-
Avoid small towns, especially if centred around 1 industry
-
Do your due diligence.
Links/resources:
The 20 questions to ask before you buy an investment prop... (urban.com.au)
20 Must Ask Questions for Every Property Investor - Margaret Lomas - Google Books
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Awesome interview with Steve Palise, commercial buyers agent.
Some highlights:
•first property purchase going from 230k to 330k in 1 year!
•making the switch from residential to commercial
•myths around capital growth of commercial
•how you can get into commercial from as low as 150k purchase price
•doctors often setting unrealistic passive income goals
•pros and cons of Commercial
Listen to the end, to find out how to get Steve's book for free!
paliseproperty.com
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Common scenario- household with 1 or 2 doctors, high incomes but high expenses: mortgage, insurance, CPD, private school fees for kids, some holidays, etc. And of course, most doctors don't earn the big money until their 30s (or even later), whilst other professions would have had a head start earning and investing in their 20s.
In this episode, I explore why some doctors are not as financially well off as they could be. Then I explore the opposite: how doctors CAN get rich.
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Controversial topic: GPs in Australia switching to private billing. In this continued interview with Dr Suresh Khirwadkar, he shares:
• why more doctors are moving away from bulkbilling
• benefits in private billing
•fears around drop in patient numbers
•social media! sharing about carnivore diet, growing his Youtube channel and podcast
More resources:
Find more about what Dr Suresh is up to at: The Meat Medic
Doctors can join 'Transition to Private Billing' Facebook group
A new report shows almost 65 per cent of GPs no longer offer bulk billing to patients | Sky News Australia
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Today Dr Suresh Khirwadkar shares his journey, from NHS in the UK, to working as a GP in Australia.
We talk about how money lessons in childhood influence him today, turning $500 into $500,000 with a timely property decision, and then the challenges associated with constructing a house in post-COVID and higher interest rate world.
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Doctors are trained to put patients first, but how often do they take a moment to look after themselves?
From unpaid overtime, to working through lunchbreaks, to extracurricular commitments to boost CV... self-care is important to prevent burnout.
3 aspects of self-care I explore in this episode: physical, mental, financial.
Other resources:
Self-care-and-mental-health-resources-for-general-practitioners.PDF (racgp.org.au)
Doctors Health Advisory Service https://doctorshealth.org.au/
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors[AT]gmail.com
Common question I’m often asked, is how do you determine how much to offer for a property? The agent has listed a price guide, but what is it actually worth?
Other topics covered:
How to use comparable sales to your advantage.
How to challenge a bank valuation.
Mindset minute- Risk comes from not knowing what you are doing.
Other resources:
How does a professional valuer assess what your property is worth? - OpenAgent
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
Why is borderless investing on the rise?
Investing interstate can mean professionals living in expensive cities, are able to get a foot on the property ladder.
In this episode, I share experiences with investing in other cities, factors to consider when choosing a suburb, gentrification and a lot more.\
Resources:
Can you predict which parts of Sydney will be next to gentrify? | Sydney | The Guardian
Gentrification - Picking Suburbs Set to Shine - May 2020 (propertybuyer.com.au)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
Why are so many doctors unhappy? Why do some always struggle with money, whilst other people seem to have money under control? Today we explore ‘Happy Money’and lessons learnt from this bestseller book.
Resources:
Why are doctors so unhappy? - PMC (nih.gov)
Happy Money: The Japanese Art of Making Peace with Your Money : Honda, Ken: Amazon.com.au: Books
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
6 properties in 18months!
Today I interview Richard Bharata, an investor who has turned his hobby into his own business, helping others purchase properties also.
We talk about his professional background, his drive for passive income, and lessons he has learnt along the way.
Resources:
Buyers Agency – Buyers Agency (ipropertyfinder.com.au)
Richard's email- richard@ipropertyfinder.com.au
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
Scarcity vs Abundance mindset, this important concept influences our personal and financial life.
Often feelings of jealousy or inadequacy arise when we see a colleague, or even a stranger having more success than us. Another aspect of scarcity mindset is frugality, and saving at all costs, and this may be ingrained from an immigrant background.
And finally, we touch on how doctors are trained in a scarcity mindset, and how to break free to reach financial abundance.
Resources:
5 Ways To Go From A Scarcity To Abundance Mindset (forbes.com)
Scarcity Mindset in Medicine - Dr. Rupa (drrupawong.com)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
Today, we interview Dr Anurag Ganugapati, an Emergency doctor based in Victoria, and founder of app StatDoctor. We discuss his journey into medicine, what experiences he has had in New Zealand and Australia. From Otago University, to busy ED departments in Victoria, to locum life.
We also talk about his money backstory, and investing philosophy.
Finally, Dr Anu shares his tips for medical students and junior doctors in regards to medical career, and how to earn 3-4 times more with locuming.
Dr Anu: anu@statdoctor.net
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
In this episode, we talk about what happens once you've found the property you wish to put an offer on. What steps need to happen to ensure a smooth settlement process.
Topics covered include: auctions, building and pest inspection, cooling off period, gazumping. And then checklist for pre-settlement inspection (what to look out for).
And finally, some differences between NSW, QLD, WA.
Resources:
Buying property at an auction | NSW Fair Trading
Pre-Settlement Inspection Checklist - realestate.com.au
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
How much do doctors in Australia make? We breakdown the earnings, from 1st year junior doctor, all the way to consultant. I also compare earnings by states- NSW, Queensland, Victoria, South Australia, Canberra, Australian Capital Territory etc. WE discuss the range of earnings of different specialties. GPs, surgeons, anaesthetists just to name a few. Finally we explore the pathways for IMG doctors wanting to work in Australia.
Resources:
MABEL study on GP and specialist earnings-Melbourne Institute Working Paper No. 12/2010 (unimelb.edu.au)
NSW doctors in training pay guide-DIT-Pay-Guide_March-24_3_22.pdf (amansw.com.au)
IMG doctors entry to Australia-Overview of assessment pathways (amc.org.au)
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
This was an insightful interview with Michael Hughes, founder of mortgage broking and financial advice firm AHK. We discuss mistakes doctors and other professionals make with finance and property investing.
He shares his experience with doctors obtaining 95% and even 100% loans without LMI.
Some top tips from the episode
1. Think long term in regards to property strategy, including where owner occupier home fits into the picture
2. Set up loan structure correctly from the START
Check out Michael's website at: Strategy + Mortgage + Insurance (ahkfinance.com.au)
Music Credit: Bass Nation
Music Credit: Bass Nation.
Send in your questions to: passiveincomedoctors@gmail.com
Today, we interview Dr Kelvin, a Sydney-based GP. We discuss his journey into medicine, what it's like working as a General Practitioner in Australia.
We also talk about his money backstory. Then we discuss his journey into property investing, and strategy in growing a substantial property portfolio.
He shares his tips for investing, as well as tips for medical students and junior doctors in regards to medical career.
Music credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
In this episode, we give an overview of Australia's health system, including Medicare, public vs private hospitals. Also we talk about pros and cons of private health insurance, and finally explore Medicare levy and Medicare Levy Surcharge (MLS).
Other resources:
The Australian health system | Australian Government Department of Health and Aged Care
What is the Medicare Levy Surcharge? - H&R Block Australia (hrblock.com.au)
Music credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
10 consecutive interest rate rises, the most aggressive tightening since 1994.
What's in store for the rest of 2023?
And how do you know when it's the bottom of the property market?
Other resources:
Australia’s Property Markets Forecast to Rebound in 2023 | Shore Financial
Interest Rates and the Property Market | Speeches | RBA
Music Credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
What actually makes property prices go up? Is it as simple as Interest rates?
In this episode, we explore 9 factors driving house prices in Australia.
Inflation, demand and supply, availability of credit are some crucial factors affecting the property market, as well as rental legislation.
Other resources:
Rising interest rates will over time reduce demand & send house prices lower: RBA (marketindex.com.au)
A perfect storm: Australia’s rental crisis – part one - Property Investment Professionals of Australia - PIPA
Music credit: Bass nation
Send in your questions to: passiveincomedoctors@gmail.com
Why is Australian real estate so attractive for many? What are the pros and cons for doctors looking at property investing?
We talk about unique advantage for doctors in regards to LMI. We also explore Land to Asset ratio, and illustrate this with a case study.
We also talk about the 3 steps how beginners can get started in property investing.
Other resources:
Why higher Land-to-Asset Ratio means a better investment for you - Lend Power
Home Loans For Medical Professionals (homeloanexperts.com.au)
Cashed-up foreign buyers still seek Australian property, but are they really to blame for price rises? - ABC News
Music credit: Bass nation
Send in your questions to: passiveincomedoctors@gmail.com
Today we discuss the importance of setting financial goals. We also delve into the world of salary packaging, and how it can help reduce your tax.
And in today's mindset minute, we discuss about designing your life plan.
Other resources:
Salary packaging - HealthShare NSW
How to create SMART financial goals | Westpac
Music Credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
Doctors are well-educated, so naturally should be excellent when it comes to managing their finances right. Right?
Unfortunately this is not always the case.
I share some tips about money management, Why I DON'T budget, and what I do instead.
And the hidden dangers of credit cards and reward points.
Finally, I share my Mindset Minute of the day.
Other resources:
Comparison Jack and Jill-9 Charts Showing Why You Should Invest Today (usnews.com)
Step 2 Set Up Your Buckets — The Barefoot Investor - Scott Pape
What is credit card hacking, and what are the risks? - ABC Everyday
Music credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
What side hustles can doctors do? In this episode, we talk about locuming, consulting, teaching, alternate roles, medicolegal writing, and so much more. What are the pros and cons of locum life? Who is locum life not suited for?
I then discuss some tips for locum doctors, before sharing Mindset Minute of the day.
Other resources:
Medrecruit | The pros and cons of working as a locum doctor (medworld.com)
Mckinsey.com/about-us/new at mckinsey-blog/doctors-at-mckinsey
The 17 Best Side Hustles for Doctors: Money Making Physician Side Gigs (sidehustlenation.com)
Music credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
Send in your questions to: passiveincomedoctors@gmail.com
Story time! Today I’m sharing my first step into property investing, as a 23 year old junior doctor. What influenced my decision-making, what resources I found helpful, the highs and lows or my first purchase.
I also share what I learnt from my mistakes.
Other resources:
Who is eligible for no LMI- https://www.ratecity.com.au/home-loans/mortgage-news/qualify-lmi-waiver-you-doctor-accountan
https://www.youtube.com/@passiveincomedoctor
Music credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
Who pays the most tax? Which specialty is the highest earning doctor in Australia? We talk about ways high income earners can legally minimise their tax. We cover tax deductions, property and a lot more. Listen to the end, where I share my mindset shift around tax.
Other resources:
Individual income tax rates | Australian Taxation Office (ato.gov.au)
Tax Deductions Every Doctor Should be Claiming - MEDIQ Financial
Music credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
What are common financial mistakes for junior doctors and new grad nurses? In today’s episode, I discuss 7 tips I wished I knew before I started my healthcare career. What to check on payslips, money saving ideas, salary packaging, which insurances to get, and much more.
Also in today's mindset minute, I share some personal struggles.
Just a reminder, this podcast is for entertainment purposes, nothing here is financial advice. Please speak to your trusted professional advisers. Views expressed by podcast participants are solely their own.
Other resources:
Doctors-in-Training Pay Guide - Australian Medical Association (NSW) (amansw.com.au)
Industry Super Vs Retail Super Funds | Canstar
APRA Changes to Income Protection due to take effect 1st October 2021 (insurancewatch.com.au)
Music credit: Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
What is the link between burnout and finances? Why do high income professionals often end up with poor financial outcomes?
In this episode, we also talk about the 5 aspects of financial health, and tips to manage your finances better.
Just a reminder, this podcast if for entertainment purposes, nothing here is financial advice. Please speak to your trusted professional advisers. Views expressed by podcast participants are solely their own.
Other resources:
193: Cure Physician Burnout with Dr. Dike Drummond - White Coat Investor Podcast | Podcast on Spotify
Avant - Dealing with burnout
Music credit-Bass Nation
Send in your questions to: passiveincomedoctors@gmail.com
Is the FIRE movement dead? Should doctors and healthcare workers even aim to retire early anyway?
We talk about LEAN FIRE and FAT FIRE.
At the end I share my personal thoughts on FIRE.
Just a reminder, this podcast if for entertainment purposes, nothing here is financial advice. Please speak to your trusted professional advisers. Views expressed by podcast participants are solely their own.
Other resources:
What Is Fat FIRE Vs. Lean FIRE? 2 Different Ways to Retire Early (businessinsider.com)
Aussie Firebug blog on F.I.R.E - Aussie Firebug | Financial Independence Retire Early
Send in your questions to: passiveincomedoctors@gmail.com
What is passive income, why do healthcare workers need it?
Join me on my mission to improve the financial health of doctors and healthcare workers. As we spend so much time caring for others, often we don’t take the time to look after our own physical, mental, and financial health. By attaining passive income streams, we can achieve financial freedom and have more choice- choice on the type of work we do, the number of hours we work, and the amount of leave we take.
Just a reminder, this podcast if for entertainment purposes, nothing here is financial advice. Please speak to your trusted professional advisers. Views expressed by podcast participants are solely their own.
Send in your questions to: passiveincomedoctors@gmail.com
How can doctors start to achieve financial goals.
In this episode learn about common pitfalls-including why do doctors fall prey to financial scams and bad advice?
Time poor. Declining reimbursements. 60+ hour weeks. Lack of a plan. How can doctors improved their financial health?
Join Dr Dan as he embarks on a mission to improve financial health for doctors and health professionals. Why it is important to build passive income and create a better lifestyle.