Category: Real Estate
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7 Minutes to Financial Success: The ‘Rich Dad Poor Dad’ Recap
Rich Dad Poor Dad Summary Occasionally, I receive so much information on my desk that finding material to write about is a cinch. On the other hand, I sometimes need help coming up with topics that would benefit you, so I reach out to other bloggers for help. So recently, I did just that. I…
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Cost Segregation Study – How To Seriously Lower Your Taxes
Cost Segregation Study One of the biggest expenses doctors and other high-income earners face are taxes. In the past, I’ve shared tax strategies that can help us save thousands or more per year. Now, I want to make it clear that I’m a periodontist and NOT a CPA. If you have tax questions, especially when…
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Passive vs Nonpassive Income – Which Is Best?
Passive Vs Nonpassive Income Up until a few short years ago, I thought all income was equal. Growing up, all the money I earned was from a lawn service I started in junior high school. It provided me with a nice income up until the time I started dental school at LSU. When I thought…
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Benefits And Risks Of Turnkey Real Estate Investing
Turnkey Real Estate Investing When I was first debating whether to become an active or passive real estate investor, single family homes seemed the logical choice to start with if I chose the active route. Another reason was I thought focusing on fully renovated local property (vs long distance property) would put me at ease…
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4 Reasons To Create Passive Income With Multifamily Syndication
Multifamily Syndication A 46 year old dentist recently posted on Dentaltown asking for investing advice regarding his working towards an early “exit from teeth” over the next few years. He essentially is shooting for fatFIRE. He partnered with a larger corporate group which is going to be paying him to acquire 60% of his practice…
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Cash On Cash Return: #1 Factor To Evaluate A Deal
Cash On Cash Return Recently I wrote about how I lost quite a bit of money investing in a crowdfunding deal that promised a high cash yield with RealtyShares a few years ago. This mistake was totally on me as I didn’t do my part to know what I was really investing in. I put…
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RealtyShares – What I Learned From Losing $50,000
RealtyShares – What I Learned From Losing $50,000 Yes, it was painful writing the title of this article as I realize that most people don’t like admitting their failures. And most people certainly don’t like putting their failures online for the entire world to see but I’ve made it a point to be open and honest…
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How To Become An Accredited Investor And Why It Matters
How To Become An Accredited Investor Each week I enjoy having conversations with other doctors & high-income earners about passive real estate investing, specifically syndications. If you haven’t signed up for the Passive Investors Circle, do so here to stay updated on the latest articles and syndication investments available. You maybe asking yourself, “What’s a…
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5 Reasons You Should Be Investing In Apartment Complexes
Should You Be Investing In Apartment Complexes? If you’ve read My Story, then you’re well aware that I’m on a mission with three goals. First, I’m in the process of creating enough passive income through real estate syndications to replace my income. That’s #1. Second, to share everything that I’m learning along the way so…
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401k vs Real Estate – Which Is Best For Retirement?
401k vs Real Estate – Which Should You Invest In? For the first part of my career, I invested the traditional way that most of us do in the stock market with a retirement plan. I did this because it was all I knew to do and also how most of the millionaires in the…
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How To Create Passive Income With Real Estate Note Investing
Real Estate Note Investing I’m all about investing in real estate but also want to avoid the hassles that come with being a landlord. A few years ago, I thought I wanted to start investing in single family homes and reached out to some local investors that did it full-time. When I saw the amount…
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11 Triple Net Lease Pros And Cons
11 Triple Net Lease Pros And Cons I recently spoke with one of my dad’s friends (Mr. Eddie) in a grocery store. He’s one of the wealthiest people in Louisiana and has made the majority of his money in commercial real estate. I asked if I could stop by his office to pick his brain…
