Debt Free Dr
Debt Free Dr
To help other dentists obtain financial independence within 5-7 years by investing in passive real estate investments.
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DebtFreeDr
DebtFreeDr

Displaying 276-300 of 485
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5 Ways To Defer Capital Gains Tax When Selling Real Estate
And when it comes to investing, developing the best timing to finalize tax planning can determine how effective they’ll be.  I love passively investing in commercial real estate. Especially .  Depending on when a property is sold, it can generate huge profits along with large capital gains. In...  Read More
7 Top Real Estate Investing Tax Strategies
A wrist injury while snow skiing was the catalyst that eventually led me to . This event showed me that I was relying only on my dental income to support my family. In order to mitigate risk, acquiring additional income streams from real estate seemed to be the way to go. But little did I know I...  Read More
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  as it was one of the more popular asset classes at the time. But the more I learned, the more I realized other ways to diversify...  Read More
What Is A Preferred Return In Real Estate Investing?
If you’re a doctor or other busy professional, you may be looking for ways to invest money to secure your financial future. You may have heard that alternative investments such as a real estate investment is a good option, and that’s true – but it’s important to understand the different types of...  Read More
Bonus Depreciation is Phasing Out: Here’s What You Should Know
When I started a dental practice, I thought the goal was to have the highest production possible. At least that’s what all of the “dental gurus” were telling us to focus on. That meant spending tens of thousands of marketing dollars annually to get patients in the chair. Next, we then had to...  Read More
How To Create A Multifamily Real Estate Investment Strategy
I’ve had several calls lately with  members that are fed up with the stock market volatility. This “wake up” call has started them down the road to develop multiple strategies in an attempt to preserve their wealth.  Many are looking into the best way to invest in real estate but don’t know where...  Read More
The Augusta Rule: 14 Day Tax Free Home Rental Strategy
Last year, a pre-dental student worked at our office and eventually got into dental school in Augusta, Georgia.  She knew that the Masters tournament was held there but had not heard of the Augusta Rule in real estate. Frankly, I hadn’t either until I began researching for this article. The Augusta...  Read More
3 Benefits Of Being An Accredited Investor
I frequently get this question from new  regarding real estate syndications. If you’re not sure what a real estate syndication is, check out this video: Ultimate Real Estate Syndication Guide The reason why that person had never heard about syndications is that the majority are only for accredited...  Read More
The Ultimate Guide To Investing In Real Estate Syndication Funds
Initially, the idea about replacing my dental income with passive income from real estate sounded very appealing. But then I realized I’d have to take 3am calls from tenants with problems. Who has time to manage real estate when trying to run a practice, raise kids, stay married and attempt to...  Read More
Short-Term Rental Tax Strategy For High-Income Earners
If you’re a high-income earner, then it’s safe to say that taxes are your BIGGEST expense. As a periodontist, I’m constantly on the lookout for ways to lower taxes for my Investor Group (if you’re an accredited investor and want access to my personal deal flow providing tax benefits,  today.) One...  Read More
How To Benefit From Real Estate Professional Tax Status
For high-income earners, real estate professional tax status is one of the most powerful tax tools available. But it does take some work in order to qualify. Unfortunately, most doctors and other professionals have VERY few tax advantages due to two main issues:     employment status     their...  Read More
77 Best Financial Freedom Quotes For Success
Unfortunately during college and dental school, the term “” was NEVER mentioned. It was expected that if you wanted to get into a high-earning profession, taking out loans and going to school for a LONG time was the best route.   I was first exposed to the internet in 1996 during my senior year in...  Read More
Selling a Dental Practice...Now What?
Once you decide to sell your dental practice, what do you plan to do?  I recently heard a story from a dentist that went to a meeting in Texas. He normally attends on a regular basis but told me this year he saw a MAJOR difference. He said, "Jeff, typically there's 8-10 dental supply vendors and 1...  Read More
How To Turn 100k Into A Million (Step-By-Step)
Most new . 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 or get out of the market altogether. Those that have chosen the latter...  Read More
Are Mobile Homes a Good Investment?
When I first began investing in real estate, most people recommended that I start with either single-family homes or . They claimed those were great investments with the strongest growth potential.  But there’s another asset class that’s currently one of the most overlooked opportunities out there....  Read More
Cash On Cash Return Formula: Are You Making Money In Real Estate?
One of my first real estate mentors was Joe Fairless. Early on in my journey, he was nice enough to host me on his  (I guess to show that literally anybody can invest in real estate, even a periodontist  ) Joe helped me get started investing passively in real estate by teaching me some of the...  Read More
5 Reasons To Consider A Hotel Investment
When you think about investing in real estate, what comes to mind?     Apartments?     Single family homes?     Office space?     Self storage?  But what about a? That’s right, the hotel industry. In 2020, the pandemic caused a major disruption within the travel industry. Hotels saw their...  Read More
7 Books Similar To Rich Dad Poor Dad (MUST READ)
If you’ve been around this blog for awhile (THANK YOU!), then you know that I’ve published several articles about .  The reason why is two fold. First, every successful real estate investor I’ve ever met or heard speak at a meeting or on a podcast mentions it. Second, it forced me to start thinking...  Read More
How To Get Started Investing In Storage Units Passively
One of my goals this year was to invest in a different asset class.  I’m currently invested in several .  One particular asset class that’s peaked my interest has:     annual revenue of $40 billion     an occupancy rate of over 90% And roughly 1 out of 10 households currently rent them.  The...  Read More
Should You Invest In A Car Wash?
A couple of years ago, a local contractor recommended that I look into a car wash investment. He was in charge of building a handful of car wash businesses for a national chain in our area.  He personally knew the owner and informed me that he was getting an unbelievable return on his investment....  Read More
5 Ways To Surround Yourself With Good People To Grow
More than likely you’ve heard the phrase, “You are who you surround yourself with.” I’ll admit, I didn’t pay much attention to it growing up as I hung out mainly with my closest friends and family.  When I started college, I made a new set of friends as most of my high school friends ventured off...  Read More
New Money vs Old Money – Which Is Better?
There’s a handful of people I went to high school with that grew up with “money“. Old money that is. These individuals have had wealth trickling down their family tree for generations. Two of them have families that when added together, own over 65% of the town I live in (Monroe, Louisiana).  This...  Read More
Should You Consider a RV Park Investment?
It all started with a recent trip down to Lafayette, LA to spend the day with mobile home park mogul Chris Rood. Chris Rood – Mobile Home Parks I knew something was up when I heard Warren Buffett was getting into the mobile home investing space a few years ago. If the world’s greatest investor is...  Read More
13 Best Passive Income Apps In 2022 And Beyond
[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 , he gives advice and writes articles to help people solve their debt...  Read More
Real Estate Syndication: A Complete Guide To Investing
Hopefully you now get a gist of what’s involved during this process as real estate syndication deals works much the same way. There’s several groups of people that all share a vision and want to improve a particular asset such as:     Sponsor (general partner)     Passive investors (limited...  Read More
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