Doctors Investing Group: Physicians in Real Estate: Recent Episodes
Tom Dittrich
Hear interviews with physician real estate investors. Learn from them as they share their investing journey.
This week, we’re speaking with Dr. Nancy Huynh. Dr. Huynh is an opthamalogist who studied at Harvard Medical School, and has now started her own investing platform, Clear Vision Investing.
In this episode, listen for:In this week’s episode, we discuss how to invest in syndications and how educate yourself prior to your first syndication deal, how to decided on a new market to invest in, and why you should avoid cedar siding.
Must-Listen Moments :[4:16] - Her initial project that brought her into investing
[9:38] - How to sell your spouse on investing
[26:21] - An example of a recent syndication deal
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week is Part 2 of our episode with Neal Bawa. Neal is the founder and CEO of Grocapitus, a multi-family operator with over $1B in assets under management from Idaho to Miami, and many places in between.
In this episode, listen for:In this week’s episode, we get into investing in multi-family properties while prices are skyrocketing, pro and cons for borrowing with inflation going upwards, and the future of Grocapitus.
Must-Listen Moments :[1:20] - Possibly risks when interest rates rise
[14:23] - How inflation can harm rental income
[17:56] - if multi-family is still a quality asset class for investment
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
On this week’s episode we have Neal Bawa, the founder and CEO of Grocapitus, a multi-family operator with over $1B in assets under management from Idaho to Miami, and many places in between.
In this episode, listen for:This week, we get into the importance of data science and where to find it, how to analyze that data to choose a city in which to invest, and how they developed their data visually.
Must-Listen Moments :[2:55] - Data Science and how that applies to multi-family investing
[14:46] - How he decided to invest in Idaho Falls
[21:54] - How multi-family ties to rising investment returns
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week, we’re talking with Dr. Sumeet Makhijani, a board-certified plastic surgeon who practices in Upstate New York, a Masters in Real Estate from Georgetown, and a family background in the real estate business which first perked his interest into the subject.
In this episode, listen for:We get into how getting your Masters degree in Real Estate is similar to going to medical school, and how issues surround the COVID pandemic have changed expected costs for new production.
Must-Listen Moments:[10:44] - The burgeoning real estate market in Omaha, NE
[12:24] - The phases of starting a large-scale real estate project from scratch
[21:21] - The challenges faced when taking on a project of this magnitude
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week we continue with the second half of our interview with Brian Bradley from the Bradley Legal Corporation! He’s a nationally recognized asset protection attorney, and you’ve heard him before on podcasts like Bigger Pockets, The Flipping America Podcast, White Coat Investor, and The Best Ever Real Estate Show!
In this episode, listen for:
We dig into how to intelligently manage fees for offshore accounts, how defense attorneys approach bridge trusts in lawsuits, and if you need to worry about your retirement accounts being included in the assets for a potential lawsuit.
Must-Listen Moments:
[3:12] - Brian explains about how trusts work
[20:07] - Examples of successful asset protection
[23:32] - Account maintenance required after the fact
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week we’re talking with Brian Bradley from the Bradley Legal Corporation! He’s a nationally recognized asset protection attorney, and you’ve heard him before on podcasts like Bigger Pockets, The Flipping America Podcast, White Coat Investor, and The Best Ever Real Estate Show!
In this episode, listen for:
We discuss if you need a different LLC for every property, why opening your LLC in Delaware or Wyoming maybe isn’t the best idea, and what a medical malpractice lawsuit could affect beyond your policy limitations.
Must-Listen Moments :
[5:30] - Asset protection and why it’s important
[16:56] - What you can do to legally protect your assets
[27:06] - Limits on assets you should add to an LLC
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week is part two of our interview with world famous investor Mohnish Pabrai! Mohnish is the founder and managing partner of Pabrai Investment Funds and CEO of Dhandho Funds. He is also the author of The Dhandho Investor, which is a book highlighting a “Heads, I Win, Tails, I Don’t Lose Much” philosophy to investing.
In this episode, listen for:
We talk about why he find investing in foreign markets an extremely attractive proposition, and what he describes as the “free lunch portfolio.”
Must-Listen Moments :
[8:08] - Are markets in bubble territory?
[11:40] - How do deals find him?
[14:40] - A good place to start for new investors
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
It’s a big get for us this week as we have on world famous investor Mohnish Pabrai! Mohnish is the founder and managing partner of Pabrai Investment Funds and CEO of Dhandho Funds. He is also the author of The Dhandho Investor, which is a book highlighting a “Heads, I Win, Tails, I Don’t Lose Much” philosophy to investing.
In this episode, listen for:
Mohnish’s trials and successes with using Warren Buffet’s strategy of “value investing,” choosing between purchasing individual equities over mutual funds, and how he supports the philosophy of “shameless cloning.”
Must-Listen Moments :
[6:05] - Mohnish explains his approach to value investing
[8:35] - How to evaluate if a business is investment-worthy
[22:38] - Investing in creation businesses vs acquisition businesses
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This is part 2 of our interview with Navin Goyal. Navin is an anesthesiologist who also started venture capital firm Loud Capital. He’s also recently written a book called Physician Underdog, which details his transition from physician to professional investor.
In this episode, listen for:
We talk about how deal coordination works for them at Loud Capital, an investment in the future of sustainable transportation, and how raising capital will evolve for them in the future.
Must-Listen Moments:
[7:35] - Loud Capital’s vetting process for new investments
[12:43] - Hydrogen Cars vs. Battery Cars
[20:26] - Steps for becoming more informed on alternative investments
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week we’re talking with Navin Goyal. Navin is an anesthesiologist who also started venture capital firm, Loud Capital. He’s also recently written a book called, “Physician Underdog”, which details his transition from physician to professional investor.
In this episode, listen for:
We get into knowing the right time to step away from professional career, what lead into him becoming an entrepreneur, and how he was inspired by Game of Thrones.
Must-Listen Moments:
[06:05] - Dealing with burnout
[18:32] - Tips for physicians wanting to get into entrepreneurship
[25:17] - Why Navin transitioned from entrepreneurship to venture capital
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week we continuing the conversation with John Osborne, on venture capital. John is part of Good Growth Capital, an early-stage venture capital firm, and the head and founder of ChaPS, an angel investment group based in Charleston, SC.
In this episode, listen for:
We discuss how you can use taking on extra risk to your advantage, differentiating between angel investing and private equity, and how to know when to say “No”.
Must-Listen Moments :[3:38] - John’s process of finding and working with a new entrepreneur
[17:03] - John explains to us how seed funding works
[28:46] - The next steps after a start-up reaches out to ChaPS
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week we have on the show venture capitalist John Osborne! John is part of Good Growth Capital, an early-stage venture capital firm, and the head and founder of ChaPS, an angel investment group based in Charleston, SC.
In this episode, listen for:
We discuss how you can use taking on extra risk to your advantage, differentiating between angel investing and private equity, and how to know when to say “No”
Must-Listen Moments :
[3:38] - John’s process of finding and working with a new entrepreneur
[17:03] - John explains to us how seed funding works
[28:46] - The next steps after a start-up reaches out to ChaPS
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week, we’re back from the holiday break! We worked really hard on getting our new properties up and running in 2021, so 2022 is going to be a year of reorienting our focus onto ourselves, and determining what’s best for us. An investment could be technically in the black, but is it worth the time you’re spending on it
In this episode, listen for:We talk about how to analyze a short-term rental, such as writing a pro forma, knowing your “runway”, and what to spend on getting your STR ready to rent!
In this episode, listen for:We talk about how to analyze a short-term rental, such as writing a pro forma, knowing your “runway”, and what to spend on getting your STR ready to rent!
Must-Listen Moments :[3:12] - Writing a pro forma document
[10:08] - Determining if an investment is worth your time
[23:52] - Estimating repair costs and what to expect to spend on renovations
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
Here is part 2 from last week’s episode, where we continue to get into the details of our short-term rental in Charleston aimed at Bachelorette and Bridal Parties, and the background details of property management in general.
In this episode, listen for:I discuss dealing with a less-than-desirable fire system installer, Google Nest system integration, and creating rentals with a purpose more than just quick stays
Must-Listen Moments :[9:33] - Choosing automation software
[15:04] - Pricing software
[21:09] - How to make your short-term rental geared for a specific purpose.
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
In this week’s episode, we begin part one of a two part series on our short-term rental in Charleston, South Carolina. You’ll get to hear directly from me as I get into specific numbers of the purchased rental property, and also the kind of equipment and tools we use to help make the rental process as seamless as possible for everyone involved.
In this episode, listen for:I get into working with local banks over national branches for financing purchases WITH renovations included and choosing a budget to stick to.
Must-Listen Moments :[3:13] - Details on the short-term rental building in Charleston
[10:35] - Navigating how to coax stubborn tenants out of their current leases
[18:04] - Analyzing the numbers
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcaptial.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
Does your savings keep growing but you don’t feel like you’re getting the yield you should? Dr. Patrick Tran felt that exact same way. He was thrown a curveball when his infant son was diagnosed with a rare type of cancer, and he realized he needed to change directions. Follow him as he takes us through his journey into residential and commercial real estate investment, and how Love fits into WEALTH.
In this episode listen for:Dr. Tran discusses moving into real estate from index funds and stock market investments, what a triple-net lease is, and accelerating your retirement.
Must-Listen Moments:[5:49] - His inspiration for writing his book
[18:00] - His definition of “Wealth”
[33:01] - Advice on how to begin following his same path
Guest Links:Burn-In
Facebook
Twitter
Instagram
LinkedIn
Apple Podcast
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcaptial.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
How many properties could YOU own? Dr. Gelerie Stenbakken and her husband, Eric Stenbakken, have turned their single long-term rental side hustle into a real multi-property business that led to their financial independence. The couple is here to tell you what parts of the rental process are most important to consider personally, and the most annoying bits that you can farm out to someone else.
In this episode, listen for:The Stenbakken let you know how to choose the right properties, how they dealt with renting to college students, and how instead of building your dream home, maybe you should think about buying short-term rentals in cities you like to visit the most.
Must-Listen Moments :[05:07] - Their first LTR and how having a strategy going in is important
[15:24] - How to decide what renovations to take on yourself
[42:37] - Creating your own websites to promote your rental properties
Guest Links:Erik & Gelerie Stenbakken Consulting Instagram
Rent Grand Lake
Rent Grand Lake Instagram
Rent Smoky Mountains
Rent Smoky Mountains Instagram
Stenbakken Media
More from DIG Capital:Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcaptial.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
Known for being rather Unorthodox, Dr. Sabitha Setty aims to educate others on making the right real estate investment into short-term rentals.
She started The Unorthodox Doc Facebook group to share all the information and experiences that she’s gleaned over the years of renting out multiple properties, but that doesn’t mean she isn’t still learning from others. She created the group to be able to share her experiences, while also learning from others.
In this episode listen for:
Dr. Sabitha Setty teaches you why short term rental properties are actually more profitable than long term, how to choose the right location for your rental property, and why she wouldn’t run her own property management company.
Must-Listen Moments:
[3:35] Tips of Achieving a High Return
[20:03] Balancing Renting on Multiple Platforms
[41:53] Keeping Your Rental Maintenance Free
Guest Links:
FB Group: The Unorthodox Doc - Short Term Rental Group
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
This week we interview Dr. Steven Kornweiss and his journey starting a Direct Primary Care practice called Kornweiss Medical.
We talk about what is "wrong" with modern day healthcare and how the Direct Primary Care model directly addresses some of these issues.
Dr. Kornweiss gives a peak behind the curtain with this emerging way to practice medicine that gets us back to our roots of why we became doctors to begin with.
Visit Kornweissmedical.com to learn more about Direct Primary Care and Dr. Kornweiss' business.
Self-motivated entrepreneur, teacher at heart, and expert investor, Dr. Sam Giordano shares his story of discovering real estate after his personal finances were impacted with the passing of the Tax Cuts and Jobs Act of 2017.
He knew that he needed to use passive income to his advantage to support his family and dove deep into research for the first year by listening to podcasts, reading books such as “Hands Off Investor” by Brian Burke, and networking with real estate investors.
It became apparent that he could spend hours or days sorting through deal metrics, further hampering him from the time freedom he craved. He decided to create a tool that would quickly evaluate the metrics and sort the best real estate syndication investments to the top of the list. That's when Passive Advantageand the LP Syndication Tool was born, providing a streamlined way to demystify the deal vetting process.
In this episode, listen for:
- Dr. Sam Giordano defines preferred return
- Details about the first syndication he invested in and how he got started
- How he looks at the deal metrics in the investment summary prior to investing
Must-listen Moments:
[09:28] Describes the criteria he uses to evaluate syndications
[11:06] Dr. Sam Giordano explains how he looks for deals based on three main factors
[18:01] The IRR and Equity Multiple figures he wants in his investment portfolio
Guest Links:
https://passiveadvantage.com/
Passive Advantage Facebook Page: https://www.facebook.com/PassiveAdvantage-108182591563950
Book he recommends - Hands Off Investor by Brian Burke: https://www.barnesandnoble.com/w/the-hands-off-investor-brian-burke/1133657225?ean=9781947200272
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Dr. Sabitha Setty shares her tips on getting short-term rentals online and profitable. She suggests working on your listing before you’re ready to publish and listing on only one rental platform at a time to avoid double bookings and price mistakes.
Hear why she fired her first property manager and how you can “dial-in” your messaging for your potential guests on each platform using tone and compassion to your benefit.
Dr. Sabitha Setty talks about how easy it really is to actively self-manage a short-term rental (or a few) and why STRs are so different from longer leases. She’s especially happy with the bonus depreciation available that can offset your other earned income, which is an excellent benefit for doctors and other high-income professionals.
In this episode, listen for
- How you can import and export calendars from each platform in an attempt to prevent double bookings from multi-platform listings
- Dr. Sabitha Setty explains her automated messaging strategy with Airbnb
- What your guests might need to know about ratings and how to be approachable yet retain your personal privacy
Must-listen Moments:
[3:55] Two affordable property management software systems that may help manage short term rental bookings
[7:06] Dr. Sabitha Setty shares which five automated messages she sends to her Airbnb customers, why, and what to say in each one
[12:30] Fee structure and feature comparison between Vrbo and Airbnb versus why or when you may look into a private booking site
[19:20] She explains in detail how actively managing your own STR property can allow you to enjoy depreciation, offset your income, and harvest all the tax benefits possible right now.
Guest Links:
FB Group: The Unorthodox Doc - Short Term Rental Group
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
A wealthy mindset can help you overcome burnout, find fulfillment, and enjoy the journey to get there, no matter the odds. Dr. Elisa Chiang, MD, Ph.D. became a life coach after working as an ophthalmologist and hitting burnout after just 5 years. During graduate school, she dove into investing, read “Rich Dad, Poor Dad,” and decided to pursue FIRE before it was cool.
In this week's episode, Dr. Elisa Chiang shares her personal path toward mindset and real estate success. She scooped up foreclosures and flipped them for profit during medical school, which paved the way for her success in rentals and syndications. She shares that one key to fulfillment in the medical field is in developing deeper relationships with clients rather than simply performing medicine.
In this episode, listen for:
- How real estate became key in her fulfillment and wealth-building journey
- Dr. Elisa Chiang’s experience as a student in Dr. Leti and Dr. Kenji’s course on rental properties
- What she did to overcome her fear of actively managing rentals
Must-listen Moments:
[3:50] Dr. Elisa Chiang walks us through the first house she bought and flipped in University Heights, Cleveland
[15:40] What drew her to multifamily real estate investing
[36:31] Details about her life coaching program and how she can help you
Guest Links:
https://www.growyourwealthymindset.com/
Instagram @growyourweathlymindset
Linkedin
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Dr. Saji Salam once believed he could be a jack-of-all-trades. He moved to the United States after studying medicine in India, attended business school, and dabbled in technology, accounting, health care, and consulting. While he loved helping businesses solve problems, he realized he was traveling all the time and that passive income would be the key to his freedom from the W2 hustle.
In this week's episode, Dr. Saji Salam discusses collaboration, emphasizing the importance of establishing a trustworthy team when investing in commercial real estate. He shares how close relationships with his property management team and dependable construction companies have helped his C-Class multifamily properties throughout Texas and Georgia be successful.
In this episode, listen for:
- How he got into multifamily back in 2017 and 2018
- Dr. Saji Salam speaks highly of Texas, both personally and professionally
- How he found construction companies that understand investor and lender terms in addition to construction
Must-listen Moments:
[11:44] Vendor collaboration is crucial, including property managers and construction companies
[14:50] Dr. Saji Salam discusses the importance of networking; you never know what may come your way years from now.
[31:25] The reasons why C-Class multifamily property is protected from competition
Guest Links:
http://www.careventurescapital.com/
https://www.linkedin.com/in/sajisalam/
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Dr. Sabitha Setty makes a return in this week's episode as we discuss tips for first-time short-term rental investors. Hear how and why she transitioned from being a pulmonary care physician to owning cash-flowing short-term rental properties in Arizona.
Plus, glean all her tips to make your STR cash flow by picking the right market and having unique features guests want to share on social media.
In this episode, listen for
- Senate Bill 1350 in Arizona defines clearly what you can and can't do with your personal property
- Dr. Sabitha Setty explains what it takes to enter a strong rental market
- She explains the advantages of starting local for first-timers
Must-listen Moments:
[3:26] Why she recommends you add short term rentals to your portfolio
[8:36] Dr. Sabitha Setty gets real about risk, what to look for, and the importance of having multiple exit strategies
[13:22] How to incorporate a feature into your properties that makes it onto Instagram, drumming up more business for your rental
Guest Links:
FB Group: The Unorthodox Doc - Short Term Rental Group
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Has a TV show ever changed your life? Dr. Chiagozie Fawole went from being a full-time pediatric anesthesiologist to securing ten leases in a couple of months through short-term rental arbitrage.
In this week's episode, Dr. Chiagozie Fawole explains how she was able to generate adequate income flow and take a step back, thanks to automation. She's not only growing her business, but she'll be hosting a conference in early October to teach other doctors about short-term rentals.
In this episode, listen for
- Rather than purchasing a property, you rent it from another landlord (arbitrage)
- Property flipping, furnishing, and rental
- Dr. Chiagozie Fawole signed 10 leases in Dallas, Texas, between March and June
Must-listen Moments:
[8:00] A description of the procedure for locating a landlord.
[20:20] When it comes to selling your home, hiring a professional photographer is necessary.
[27:06] On the 7th and 9th of October, a short-term revolution conference will be held. Contact her through the Savvy Doctors Facebook group to receive access.
Guest Links:
@DrFawole on FB
https://www.workwithme2021.com/wemdfb/ (To join the FB Group)
FB Group: The Savvy Doctors Physicians in Real Estate
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Dr. Param Baladadapani wants you to stop trading your time and expertise for money. She used real estate to become financially free at 41 and created Generational Wealth MD to help other physicians do the same.
Don't you want to live life and practice medicine on your own terms?
In this week's episode, you'll learn about Dr. Param Baladadapani's journey to becoming a real estate investor. She built a fantastic community of like-minded people, and since there was such a large demand, she designed an 8-week course in which she teaches people how to achieve financial independence.
In this episode, listen for
- Her tips to successfully rehabilitate short-term rentals
- How she purchased her second property with cash and what happened to her cash flow
- What it takes to develop your current portfolio into something more substantial
Must-listen Moments:
[14.03] She recounts her experience and the various techniques she employs when it comes to buying real estate.
[18:40] Recognized a need and developed an 8-week course to teach the process of achieving generational freedom.
[22:33] Dr.Param Baladandapani will be presenting a live event in the near future that will last two days and cover all aspects of achieving financial independence.
Guest Links:
https://www.generationalwealthmd.com/
https://www.instagram.com/generationalwealthmd/
FB Group: GenerationalwealthMD
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Follow your fear! As full-time hospitalists and newlyweds with 60+ hour work weeks, high-stress work environments, a low savings account balance, and even less time for each other, Dr. Letizia Alto and Dr. Kenji Asakura accidentally ended up with the opposite of everything they wanted.
In this week's episode, the Semi-Retired MD husband & wife team discusses how they transitioned from the clinical field to securing financial backers in less than a year, allowing them to purchase their first property. Throughout their journey from zero to 125+ units, you will learn about an 8-week course that will take you from absolutely no knowledge to having all the tools you need to invest in YOUR OWN properties.
In this episode, listen for:
- Control the increase in value of a property by Forced Appreciation
- Learn the steps of mindset, scale first property- Fast Fire System
- Zero to Freedom through Cash Flowing Rentals: Gain confidence with this course
Must-listen Moments:
[11:02] Their experience as landlords with their first two duplexes
[18:16] From Zero to Forty units in 3 years, how they did it and their recommendations
[29:12] Dr. Kenji Asakura shares his outlook and strategy for diversification
Guest Links:
https://semiretiredmd.com/
FB Group: Semi-Retired Physicians
https://www.instagram.com/semiretiredmd/
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
You know that gorgeous piece of property you eye daily on your drive to work? Well, have you ever wondered what it would be like to just knock on the door and make an offer, even though it’s not on the market?
This week’s guests felt exactly the same way and decided to create a digital platform on which people could safely, easily, and successfully make offers to homeowners directly, even if the property is not listed for sale.
In this episode, listen for
- How Dr. Brent Varnadoe successfully purchased two off-market homes by making an offer directly to the homeowner
- What they’ve done to legitimize the offer process for homeowners and delete the “creepiness” factor
- Matt Johnson’s recommendations for maximizing your chances of getting an off-market house
Must-listen Moments:
[01:15] How Offeroo partners with local agents to preapprove buyers and ditch the potential for low-ball offers
[08:15] A walk-through of how Offeroo works currently and how they plan to scale into commercial real estate, vacation homes, and even multifamily.
[10:21] What the first month of having a live online platform is like and their short-term plans to attract potential homebuyers to the site.
Guest Links:
https://myofferoo.com/
https://www.instagram.com/myofferoo/
Dr. Brent Varnadoe on LinkedIn
Matt Johnson
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
Dr. Miranda Phillips and her husband have successfully retired from their high-stress, high-responsibility emergency medical careers by building tax-advantaged passive income streams, allowing them to enjoy their time, health, and freedom.
In 2017, at the height of Dr. Phillips’ career as a life flight medical director and regional director of five ERs and a trauma center, she began to feel the very real effects of sleep deprivation. Although she loved learning and taking on leadership roles in every area of her career, her health and her family were suffering.
So, she began exploring passive income strategies, reaching out to mentors, and investing in large, multifamily real estate assets in pursuit of more free time. During this episode, she shares the story of how she went from an overworked, burned-out physician to achieving financial freedom through investing in real estate.
She is the co-founder of Elite Wealth and Wellness, where she and her husband help busy professionals achieve financial freedom and live a life full of passive income, health, and happiness. Her top tip to help you toward wealth is to obtain a deep understanding of passive income and pursue strategies that will help you quit trading your time for money.
Her best wellness tip is to prioritize personal needs and events (like sleep, kids’ events, personal development time, etc.) and actually schedule them on the calendar in time blocks.
[01:15] Dr. Miranda Phillips medical career and the ensuing burnout
[08:15] What led her to discover passive income
[10:21] How she got started real estate investing
[10:58] Her methodical approach to selecting an investment strategy
[13:13] How she and her husband found mentors and fast-tracked their investing knowledge
[15:47] The art of the first deal - a two-asset syndication fund
[18:15] How to find a reliable operator
[22:22] When and how to leap from limited partner to general partner
[28:06] Emphasis on the tax benefits of investing in multifamily real estate
[30:40] Elite Wealth and Wellness
[34:38] Her biggest tips toward wealth and wellness
Follow Miranda:
https://elitewealthandwellness.com/
More from DIG Capital:
Find and Listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcapital.com/blog
To Invest alongside other physicians: https://www.digcapital.com/join
This week we interview Dr. Ian Cook and Dr. Lauren Ihde from Carpe Diem MD. They discuss about investing in STR for both lifestyle and financial independence.
https://carpediemmd.com/
digcapital.com
This week I discuss how to ensure that we know if a short term rental property is viable and understanding the risk of a given market.
This week we discuss a recent trip to Atlanta and I tell you why I am so interested in this market for future investments.
We interview Dr. Sunil Saxena about going from ER doc to full time real estate developer.
This week we interview physician personal finance blogger Dr. Daniel Shin, the author of thedarwiniandoctor.com about his real estate investing journey.
This week I walk through my own investing journey, highlighting my upbringing with the family business and what I have learned along the way. Enjoy!
This week we interview Dr. Julia Saylors, a hematologist/oncologist from Charleston SC who shares her story investing in apartments, commercial buildings, and short term rentals.
Tim Lyons shares his story going from the NYFD as a firefighter and ER nurse to investing in large multifamily real estate.
This week we interview Dr. Elaine Stageberg who shares her story going from psychiatrist to co-founder of Black Swan Real Estate, a multimillion dollar real estate investment company.
This week we interview Mike Pine from Pine and Company CPAs. Mike highlights how to save huge on taxes with short term rentals.
This week we interview Reed Goossens who shares his story moving from Australia to invest in the US real estate market.
Dr. Vikram Raya and Dr. Ravi Gupta share their story growing Viking Capital to control over $330M in apartment communities.
This week we interview Dr. Jinhee Park who shares her story from an active real estate investor transitioning into purely passive investing.
Dr. Vanessa Peters is a family physician who shares her experience investing in over 2500 units of apartments.
We continue our tax saving discussion with Brandon Hall, CPA and real estate tax saving expert.
We interview certified public accountant and real estate expert Brandon Hall on how to save on taxes when investing in real estate.
This week we interview Dr. Ali Vahabzadeh, a hospitalist with a serious side hustle in industrial buildings and medical office space.
Real estate investing legend and guru Ken McElroy discusses opportunities and risk in 2021.
This week we interview Dr. Buck Joffrey who went from a plastic surgery career to real estate syndication. He now controls $500 million dollars worth of apartments.
David Foster from the1031investor.com joins us as a 1031 exchange expert and explains how to avoid paying capital gains taxes in real estate investing.
Dr. Sabitha Setty is a pulmonary and critical care physician who shares her story building a successful short term rental business.
Chris Nelson from Wealthward Capital educates us on ATM investing.
Note: This is not investment advice. The podcast is for purely educational purposes only.
Dr. Tom Burns is an orthopedic surgeon and founder of Presario Ventures, which develops medical complexes and large multifamily from the ground up. We discuss his new book, "Why Doctors Don't Get Rich".
We interview Brian Burke, CEO of Praxis Capital and author of "The Hands Off Investor".
Dr. Cathy Carroll shares her story going from finance to medicine to real estate investing.
Dr. Eric Tait is an experienced investor and investment manager for Vernonville Wealth Management who shares his thoughts on the current macroeconomic conditions and the importance of being diversified with today's current shaky public market fundamentals.
This week we interview renowned surgeon, author, and real estate investor Dr. Cory Fawcett. Dr. Fawcett tells his story obtaining financial freedom through investing in multifamily apartments.
This week we interview Dr. Jordan Frey, a plastic surgeon who is taking control of his finances through real estate investing.
This week we have Ketan Patel, a business coach speak about the mindset of the real estate investor.
This week we interview retired anesthesiologist Dr. George Gratzick. Learn from his story about investing in land and other real estate around Charleston, SC.
This week we join Dr. Tom Black, the navy man/ER doc who started a private equity group to invest in large commercial assets.
We interview Dr. Kendra Feeney, the hematologist/oncologist who turned her passion for design and renovation into a second career.
We interview Dr. Cherry Chen, the real estate physician. Cherry's mission is to educate physicians in real estate investing, particularly in syndications.
Dr. Kessler shares his knowledge investing using the BRRRR strategy - Buy, Rehab, Rent, Refinance, Repeat.
This weeks episode is packed full of amazing tips from this ER doc turned real estate professional. Dr. Anaradian shares his story of transitioning to real estate full time and his thoughts on passive investing via syndications.
This marks the first episode of the Doctors Investing Group Podcast! We interview John Sangl, ER doctor and real estate investor in Erie PA. He shares his story and advice for other aspiring physician investors.
This week we interview Dr. Veronica Robinson - Chicago based ER doctor and real estate investor who has acquired 11 homes, one multiunit complex, and a vacation rental. Listen in to hear her story!