Blog
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Real Estate Syndication: A Complete Guide To Investing
“Never depend on a single income. Make investments to create a second source.” – Warren Buffett Shortly after reading Kiyosaki’s “Cashflow Quadrant“; I had an abrupt wakeup call. It seemed that even though I am a “self-employed” practice owner, I’m nothing more than a glorified employee (trading time for money). In other words, if Dr.…
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Mineral Rights in Real Estate: What They Are and How They Work
What are The Mineral Rights in Real Estate, and How Do They Work? [Editor’s Note: Today’s article is a guest post from Pheasant Energy. Pheasant Energy is a Fort Worth based upstream oil and gas company. Their primary focus is in the mineral, royalty, and working interest subset of the industry. They analyze a high rate of…
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Real Estate Syndication vs REIT – Which Is Best?
Real Estate Syndication vs REIT – Which Is Best? Whenever someone first joins our Passive Investors Circle, the first step is setting up a call to determine their specific investment goals. Most either don’t have any and if they do, they’re rather vague. Examples include: I’d like to get into real estate but don’t know where…
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5 Top Grant Cardone Books To 10x Your Money
5 Top Grant Cardone Books To 10x Your Money Grant Cardone (New York Times best-selling American author) is best known for his 10x Growth Conference designed for business owners, entrepreneurs, real estate investors, or anyone seeking tremendous financial success. I was fortunate enough to sit down and interview him on my YouTube channel. While at…
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What Is a Syndicator In Passive Real Estate Deals?
When I finished dental training at LSU, I was focused on one thing: getting rid of the $300K student loan debt I’d accrued. I understood the value of investing as early as possible (I didn’t start practicing until my early 30’s); but again, I was in survival mode. You see, only two weeks before I…
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What’s A Waterfall Calculation In Real Estate Syndication Deals?
Real estate syndication deals have become quite popular especially among the doctor community. Why? It allows those too busy to deal with tenants to passively invest in real estate and still get the benefits such as tax advantages and cash flow distributions. One of the questions new Passive Investment Circle members want answered is “how…
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Active vs Passive Real Estate Investing: A Comprehensive Guide
I recently spoke with a south Louisiana dentist about real estate investing. He graduated three years ago and recently completed the process of buying an existing practice. His wife is also a dentist so they have a great income stream coming in. I was impressed that he was focused on building long-term wealth and already…
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Is a 401k Worth It Anymore?
Is a 401k Worth It Anymore? In several conversations lately, I’ve been mentioning the phrase, “You don’t know what you don’t know” quite often. Take for instance, a 401k or any type of retirement plan that we’ve been told is the BEST investment strategy for retirement. If this is the ONLY option you’re given, then…
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Deferred Sales Trust 101: A Comprehensive Overview
I’d be willing to bet that at the end of the day, your BIGGEST expense over your career will be TAXES. I see too many doctors/high-income professionals that accept this fact (paying up to 50% of their salary to the IRS) yet fail to address it. Maybe they become complacent and simply accept it for…
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Rich People vs Poor People – 7 Key Differences
It seems that some people think “becoming rich” is a bad thing. Take for instance a recent Dave Ramsey Show rant titled, “Should Billionaires Be Allowed To Exist?” Someone email him an article written in the New York Times about “abolishing billionaires”. Here’s a few lines from the article: “Some ideas about how to make…
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VTSAX vs VOO – Which One Is Better?
VTSAX vs VOO – Which One Is Better? As long as I can remember, I’ve always had an interest in investing. Maybe it stems from my “lawn mowing” days in high school, where I learned firsthand that working for myself and making my own money was the way to go. I loved working on my own schedule…
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How To Invest 50k In Real Estate – 5 Best Ways
One of the main benefits of being a new Passive Investors Circle member is the lower initial investment you can make in a deal alongside me. For instance, last month an orthodontist member wasn’t comfortable investing the minimum amount (75K) in the multifamily deal I invested in. Why? This was his first time investing in…
