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

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How To Choose A Real Estate Tax Accountant
Are you tired of having a HUGE tax bill? Most professionals are and look into investing in real estate to help lower some of their tax burden. I started investing in  on our team of advisory service professionals was a priority.  You’re probably familiar with “accounting needs” and “bookkeeping...  Read More
Investing in Airbnb Property: A Beginner’s Guide to Passive Income
New members wanting to invest in real estate syndications typically look for ways to build cash flow without having to rely on their full-time job. In the past, I’ve given information about the different assets classes we’ve invested in to help educate our group including:     apartments       ...  Read More
How ChatGPT Is Changing Real Estate Investing
Since OpenAI released its blockbuster bot in November 2022, it’s quickly garnered attention for its detailed responses and extensive knowledge of a myriad of industries and sectors. ChatGPT has started to infiltrate several businesses at a previously unseen pace, and it’s becoming a game-changer on...  Read More
From Burnout to Financial Freedom: Real Estate Investing for Doctors
Even though a full-time physician in the United States earn on average $208,000 per year, this alone may not be enough to achieve financial freedom. If you’re a doctor or other high-income earner, it’s vital to understand how and where to invest your income.  And one of the best areas to do just...  Read More
11 Businesses That Run Themselves For Passive Income
Warren Buffett once said, “If you don’t find a way to make money while you sleep, you will work until you die.” I realized a few years ago after a wrist injury that if I couldn’t use my hands then I couldn’t provide for the family. But it also was a wake up call to what Mr. Buffett was talking...  Read More
From Wells to Wallets: A Beginner’s Guide to Oil and Gas Investing
Dentists and physicians spend their entire careers focused on the health and well-being of their patients (which is a good thing!). Unfortunately, most don’t think about their own financial well-being until they “have to.” For me, that “have to” moment involved injuring my wrist while snow skiing....  Read More
From Scrubs to Side Hustles: 13 Best Physician Side Gigs
[Editor’s Note: Today’s article is a guest post from Justin Nabity, CFP of . Justin founded Physician Thrive to help doctors avoid business and legal pitfalls along with helping them build their financial education.] There are a lot of factors physicians consider when starting their careers or...  Read More
A Guide to Core, Core Plus, Value-Add & Opportunistic Strategies
As a father of two teenagers, I initially made an investment decision to save money more conservatively to mitigate risk as much as possible. What’s great about real estate is that there are multiple real estate investment opportunities and strategies that you can choose from to ensure that the...  Read More
Material Participation: A Game Changer for Your Business
If you’re wanting to lower taxes, then one of the BEST strategies is to invest in real estate. Two of the more popular ways has to do with either:     Becoming a      Using the  Real Estate Professional The IRS states that in order to qualify for Real Estate Professional status (REPs), you must...  Read More
Is The Stock Market Rigged? The Truth Exposed
Years ago, I watched a documentary about how sites like SeatGeek and StubHub can acquire so many tickets to events BEFORE the general public. This was right around the time of the Superbowl so I decided to see it in action for myself. I logged in shortly after tickets went on sale and wouldn’t you...  Read More
Real Estate Tax Savings: The Power of Accelerated Depreciation
Recently, I was listening to a podcast where  was discussing taxes and real estate. At one point he said something that made me completely stop my uphill (moderately fast  ) walk and think for a minute.  In a nutshell, this was the point he was trying to make: During your lifetime, the BIGGEST...  Read More
10 Tax Strategies for High Income Earners: Avoid the Tax Man
If you make a lot of money, then there’s a good chance that you’re paying too much to the tax man. High-income earners understand that their biggest expense during their lifetime is taxes. No one wants to pay more in taxes than they have to, which is why the ultra-wealthy understand how to play...  Read More
Cost Segregation: A Powerful Tax Strategy For High Income Professionals
Benjamin Franklin said there were only two things certain in life: death and taxes. As a periodontist, I accepted the fact that I was going to work my entire career having to pay a boatload of taxes. I’ll never forget overhearing a conversation at a Christmas party between two doctors arguing...  Read More
Qualified Opportunity Zones – 3 Tax Benefits
When I finished training, I was focused on getting rid of $300k worth of student loan debt and developing a solid financial plan. Unfortunately, most high-income professionals miss out on a key part of planning for building wealth: a tax reduction plan. If you know that your BIGGEST expense is...  Read More
117 Robert Kiyosaki Quotes For Building Wealth
Each time I have a call with a new . The majority of real estate investors cite this book as the catalyst to begin pursing passive income.  Rich Dad Poor Dad has sold over 40 million copies worldwide. After reading it, the two major points that stood out were:     You do NOT need a high income to...  Read More
Interest Rate Cap: The Basics Of Interest Rate Protection
I recently attended Brad Sumrok’s Rat Race 2 Retirement Apartment Syndication meeting in Dallas. If you’re wanting to get started investing in , being around other like-minded people is a great way to jumpstart your success. In case you missed it, here’s my interview with Brad: One of the...  Read More
5 Minute Read: Goals! Book Summary – Brian Tracy
Thousands of successful people have been asked what they think about most of the time. And the most common answer is that they THINK about what they WANT – and HOW to get it – most of the time.  On the other hand, unsuccessful, unhappy people think and talk about what they DON’T want most of the...  Read More
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
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