Blog
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5 Minute Book Summary: Giftology by John Ruhlin
Giftology? Is that a course I missed in college? 🙂 It’s funny when I look back over the 20+ years of education that allowed me to practice as a periodontist, some of the courses that really “stuck with me” had nothing to do with teeth. During my residency at LSU, gift giving was never on…
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67 Top Grant Cardone Quotes For 10x Success
Grant Cardone started out as a successful entrepreneur teaching others how to sell then moved to the real estate investing space. He currently has several billions of dollars of real estate under management and is now a best selling author known for the book, “The 10X Rule“. Here’s a list of some of the quotes…
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How To Use Debt To Build Wealth
“We’re DEBT-FREE!!” After racking up $300K of student loan debt (dental school), I became a Dave Ramsey disciple hoping one day to be able to call his radio show and give our debt-free scream. I thought his way was the ONLY way to building wealth. Heck, he even starts each radio show with, “…where debt…
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7 Streams of Income: The Secret To Becoming a Millionaire
7 Streams of Income: The Secret To Becoming a Millionaire When I started my dental specialty practice back in 2005, I was laser-focused on just one thing: getting more patients. New referrals were my lifeline. Everything depended on that one income stream—my practice. At the time, I didn’t think much of it. Most of us…
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Rich vs Wealthy: Uncovering the True Meaning of Wealth
If you’re rich and make a lot of money, does that automatically make you wealthy? Doctors typically make a lot of money so all doctors are rich, right? These are some of the topics we’re going to cover today. If you’re a subscriber to this blog (thank you), then you’ve noticed that I’ve frequently referenced…
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Contagious Book Summary – Why Things Go Viral
Up until recently, one of the most influential books that’s helped in ALL aspects of my life (work, family and social) was Dr. Robert Cialdini’s Influence – The Psychology of Persuasion. Once I started learning about why we do the things that we do, I’ve become fascinated with behavioral psychology. Recently I joined one of…
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How To Battle Inflation With Real Estate Investing
For the past decade, the average inflation rate has hovered around the 2% mark for the United States. Many of the “financial experts” are forecasting higher inflation than normal due to the 2020 pandemic. They state this is from a rise in unemployment rates, higher costs of goods, failing businesses and large injections of stimulus…
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How To Short The Dollar Using Real Estate
I recently came across a saying that you’re likely familiar with: “A dollar today is worth MORE than a dollar tomorrow.“ This reminded me of one of my grandmother’s sayings, “Son, I remember when a gallon of milk cost a dime.” Thinking about the time value of money made me curious as to what $10 would…
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How To Use Your 401k To Invest In Real Estate
“I wish I could enjoy some of my retirement assets BEFORE I reach retirement age. You never know if I’ll still be healthy enough to enjoy it by then.” This was a comment from a new Passive Investors Circle member BEFORE she learned about self directed retirement accounts. Here’s another one: “Jeff, I’m only a…
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57 Encouraging Invest In Yourself Quotes
During dental school, some of the professors would mention that the way to keep up with our profession was to “invest in yourself” after graduation. Up until a few years ago, I thought that investing in yourself meant attending the continuing education meetings required by our state board of dentistry. I do feel this is…
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Forced Appreciation: How Passive Investors Can Use It
“OUCH! Ok dad, I’ll clean up my room if you’ll stop twisting my arm!” When my kids were much younger, I could get away with a little “force” to get them to do what I wanted them to do. Twisting an arm, finger or ear would usually do the trick. Now as teenagers, it’s much…
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Pros and Cons of Creating an LLC For Rental Property
[Editor’s Note: Today’s article is a guest post from Lyle Solomon is a licensed attorney in California. He has been affiliated with the law firms in California, Nevada, and Arizona since 1991. As the principal attorney of Oak View Law Group, he gives advice and writes articles to help people solve their debt problems.] Do…
