Category: Most Popular
-
506(c) Guide: What Passive Investors Need to Know
506(c) Guide: What Passive Investors Need to Know Ever heard of a 506(c) offering and wondered what it meant? I did when I began investing in real estate syndications. Imagine you’re starting a new real estate business, and you need money to kick things off. Instead of going through a bunch of complicated rules set…
-
How To Invest In STR Real Estate (AirBnb)
How To Invest In STR Real Estate (AirBnb) When it comes to real estate investing, it can become confusing as to the best way to invest plus which asset class to choose from. I started out in multifamily real estate syndications as it was one of the more popular asset classes at the time. But the…
-
How To Turn 100k Into A Million (Step-By-Step)
Most new Passive Investors Circle members come prepared to invest $100K into their first real estate syndication deal. Many times they’re looking for how to turn 100K into a million in as short as time possible. The majority are familiar with investing in the stock market and either want a diversified portfolio with real investments…
-
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.…
-
How Much Money Do You Need To Never Work Again?
As more and more doctors and other high-stressed professionals are experiencing burn out these days, the notion of reaching FIRE (Financial Independence Retire Early) has increased tremendously. It seems that the age-old question new, burned out Passive Investor Circle members are trying to answer is: How much money do I need to never have to…
-
5 Real Estate Investing Principles From Rich Dad Poor Dad
5 Real Estate Investing Principles From Rich Dad Poor Dad This summer, while bass fishing, my friend informed me that he’s started focusing on real estate, specifically fix and flips. What’s amazing is that even at 23 years old, he already understood the concept of “getting your money to work for you.” He wanted to…
-
Golden Handcuffs: The Ultimate Doctor Restraint
You finally made it. The grueling and exhaustive medical training is now over and recently you landed your dream job with a six-figure salary that’s going to provide a sweet lifestyle. Not to mention a MUCH better way to pay off that $400,000 worth of student loans and mounds of credit card debt. However, as…
-
Understanding Cap Rate vs Cash on Cash Return
One of the issues first year dental students face is becoming familiar with all of the “dental lingo” involved. It took me a while to get comfortable with terms such as: mesial/distal apicoectomy probing depth (PD) loss of attachment (LOA) exostosis This is no different when first starting to learn about real estate investing. Occasionally…
-
Maximizing Passive Income through Self Storage Investment
Who would have thought that a pandemic causing a world to shut down would cause some businesses to fail and others to thrive such as the self storage industry. That’s right, self storage. It seems that when American households couldn’t work and free money was sent to them via the government, their boredom was relieved…
-
What To Do If You’re Thinking About Quitting Medicine
I recently came across a post on a forum for dentists from a 34 year old dentist. He wanted the group to “help him get out of dentistry.” He had only been practicing for 8 years and was miserable having to deal both with patient complaints and staffing issues. It’s hard for him to decide…
-
Potential Changes To Real Estate Tax Loopholes Doctors Should Know
[Editor’s Note: Today’s article is a guest post from a friend of mine that wants to remain anonymous. He’s a doctor that teaches other doctors about all types of money matters at Wealthy Doc. ] As a real estate investor, the Wealthy Doc understands that one of the MOST important benefits for investing in the…
-
Die With Zero: A Comprehensive Book Summary
It didn’t take long after completing dental school and a surgical residency to start getting hounded by insurance agents and financial advisors. I had no idea how many policies were needed to own a practice! Any way, the financial advisor recommended that I only work with him to ensure I’d be able to someday retire…
