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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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
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
What are The Mineral Rights in Real Estate, and How Do They Work?
What are The Mineral Rights in Real Estate, and How Do They Work? [Editor’s Note: Today’s article is a guest post from. Pheasant Energy is a Fort Worth based upstream oil and gas company. Their primary focus is in the mineral, royalty, and working interest subset of the industry. They analyze a...  Read More
Real Estate Syndication vs REIT – Which Is Best?
Whenever someone first joins our  the first step is setting up a call to determine their specific investment goals. Most either don’t have any and if they do, they’re rather vague. Examples include:     I’d like to get into real estate but don’t know where to start.     Passive income is something...  Read More
5 Top Grant Cardone Books To 10x Your Money
Grant Cardone (New York Times best selling American author) is best known for his 10x Growth Conference designed for business owners, entrepreneurs, real estate investors, or anyone seeking  tremendous financial success. I was fortunate enough to sit down and interview him on my . While at his...  Read More
What Is a Syndicator In Passive Real Estate Deals?
When I finished dental training at LSU, I was focused on one thing: getting rid of the $300K student loan debt I’d accrued. I understood the value of investing as early as possible (I didn’t start practicing until my early 30’s); but again, I was in survival mode. You see, only two weeks before I...  Read More
What’s A Waterfall Calculation In Real Estate Syndication Deals?
 have become quite popular especially among the doctor community. Why? It allows those too busy to deal with tenants to passively invest in real estate and still get the benefits such as tax advantages and cash flow distributions. One of the questions new members want answered is “how much do they...  Read More
Is a 401k Worth It Anymore?
It seems that in several conversations lately I’ve been mentioning the phrase, “You don’t know what you don’t know” quite often. Take for instance a 401k or any type of retirement plan that we’ve been told is the BEST investment strategy for retirement. If this is the ONLY option you’re given then...  Read More
Active vs Passive Real Estate Investing – 5 Factors To Consider
I recently spoke with a south Louisiana dentist about real estate investing. He graduated three years ago and recently completed the process of buying an existing practice. His wife is also a dentist so they have a great income stream coming in.  I was impressed that he was focused on building...  Read More
Deferred Sales Trust – The 1031 Exchange Alternative
I’d be willing to bet that the single largest expense over your career will be TAXES. I see too many doctors/high-income professionals that accept this fact (paying up to 50% of their salary to the IRS) yet fail to address it. Maybe they become complacent and simply accept it for what it is? I’m...  Read More
Rich People vs Poor People – 7 Key Differences
It seems that some people think “becoming rich” is a bad thing.  Take for instance a recent Dave Ramsey Show rant titled, “Should Billionaires Be Allowed To Exist?”   Someone email him an article written in the New York Times about “abolishing billionaires”. Here’s a few lines from the article: ...  Read More
VTSAX vs VOO – Which One Is Better?
As long as I can remember I’ve always had an interest for investing. Maybe it stems from my “lawn mowing” days in high school where I learned firsthand working for myself and making my own money was the way to go. I loved working on my own schedule and not someone else’s. One of the things I...  Read More
How To Invest 50k In Real Estate – 5 Best Ways
One of the main benefits of being a new  member is the lower initial investment you can make in a deal alongside me. For instance, last month an orthodontist member wasn’t comfortable investing the minimum amount (75K) in the multifamily deal I invested in. Why? This was his first time investing in...  Read More
Mindset Is Everything: The Key To Investing Success
“Get your mind right son!” This is what I’d hear each time I stepped into the gym when I was living in South Louisiana from one of the “regulars”. I was fresh out of dental school and didn’t know what he was really trying to do…I just thought he was being funny. It took years of trials and...  Read More
Apartment Syndication 101: What Dentists Should Know
I recently spoke to a group of periodontists about . As you can imagine, the majority did not have any prior real estate experience and were comfortable following their financial adviser’s advice of 401k investing until age 70+. I occasionally visit investing forums and Facebook groups for...  Read More
Failure Is The KEY To Success
You failed your math test. Your football team was defeated last night in the playoffs. You lost your tennis match yesterday. You’re an epic failure. If you’re like most people, you probably have a bad relationship with failure. I know I have. Look, I understand that nobody wants to fail.  For most...  Read More
Why Dentists Retire 7 Years Later Than The Average American
Here's what I think about the Dental Economics magazine article, "".  Read More
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