Category: Real Estate
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Doctor Investing: How To Become a Millionaire in Real Estate
Research shows that 90% of millionaires do something specific to create wealth….invest in real estate. Even though doctors get a late start with tremendous debt, they still have an easier time reaching millionaire status due to a six-figure income. So good news, if you’re a doctor or other high-income earner, then the likelihood of becoming…
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4 Ways Passive Investors Can Calculate ROI In Real Estate
Unfortunately, the first time I invested in a multifamily syndication (Oklahoma apartment complex) with an online crowdfunding platform, Realty Shares, I lost the entire investment. No, it wasn’t much fun but it did make me rethink how I evaluated property, especially the return on investment (ROI). If you don’t have a good grasp on calculating…
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Multifamily Investing – 7 Reasons To Invest Now
Multifamily Investing Recently on Dentaltown, a 33 y/o dentist asked for investing advice in the Finance Forum. Honestly, what he’s accomplished since opening a scratch practice was impressive. He’s paid off his student loans, practice loans, car and house. I know doctors that get to the point that they’re laying on their death bed without…
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17 Pros and Cons of Owning a Laundromat
I’ll admit. I take being able to clean our clothes at home for granted. Actually, I’ve never given it much thought after we bought our first home after renting for eight years. It’s nice not having to pack up dirty laundry and take it out to get cleaned. I love having our own washer and…
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10 Pros And Cons Of Owning An Apartment Building
10 Pros And Cons Of Owning An Apartment Building It takes a lot of time and sacrifice to become a doctor. If you’ve been practicing for a while, it’s easy to forget how many years that were put in to get to where you are. Whenever new investors from our Passive Investors Circle group ask…
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7 Ways To Evaluate a Real Estate Sponsor
One of the most frequently asked questions new Passive Investors Circle members ask is how they can go about finding the best real estate deals. If you’re not familiar with how the process works then yes, that would be a good question to ask. Except it’s not. When investing in real estate, especially as a…
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10 Ways Doctors Can Become Real Estate Millionaires
[Editor’s Note: Today’s article in a guest post from Landon Murie, CEO of Goodjuju. His company helps property managers market their services.] There are hundreds of thousands of comfortably retired millionaires who got that way through rental property investing. Here are 10 ways that rental property investments create wealth, and why we’d encourage doctors to…
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Depreciation Recapture – How It Works When Selling Property
One of the reasons that keeps people from getting started in real estate is the amount of new “lingo” that has to be learned. For me, it was similar going from college to dental school. The first couple of months sitting in lecture halls confused the heck out of us. It was as if the…
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What To Do With 50K: 10 Year Look At Passive Investing
What To Do With 50K Each Year – A 10 Year Look At Passive Investing I recently posed this question on DentalTown.com which is the largest forum for dentists: “For those that have been practicing for 5+ years & knowing what you know now regarding finances and investing, what would you do differently if you could…
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9 Ways To Vet The Best Real Estate CPA
One of the main reasons many high-income earners join the Passive Investors Circle is to seek out ways to lower their tax bill by investing in real estate. Why? They’re tired of paying more and more of their hard-earned money to the IRS as their income continues to climb throughout their careers. The main goal…
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How To Evaluate An Investment Deal In Real Estate
So you’ve decided that you want to get into passive real estate investing. Good for you. One of the reasons new Passive Investors Circle members choose to go this route is that they realize that investing the “traditional” way for 35+ years in a 401k doesn’t give them many options. Investing for cash flow NOW…
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How To Invest 200K In Hassle Free Real Estate
How To Invest 200K In Hassle Free Real Estate A Passive Investor Circle member recently asked, “Dr. Jeff, my wife and I heard that we can take money out of our 401k due to the pandemic. We’d like to invest $200K in something other than the stock market. Can you help?” The March 2020 national…
