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 501-525 of 534
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How a 24 Year Old Creates Passive Income from $40 Million In Multifamily
Passive Income A few months ago, my teenage son approached me and asked, “Dad, when I get older, can you teach me about that real estate stuff you’re always reading about?” For those of you that have teenagers, not only was I just completely surprised that he wanted to learn about something, but he...  Read More
How To Tell If A Passive Real Estate Deal Is Good Or Not
Real Estate Executive Summary – What Does A Good Deal Look Like? One of the top questions members of our  typically ask is, “What does a good real estate deal look like?” To answer that question, we must first look at how most of the  deals are marketed to investors. Many times they’ll use what is...  Read More
Equity Multiple In Real Estate – What You Should Know
Equity Multiple Real Estate I had a call today with an owner of a marketing company to discuss different strategies I’d like to look into for next year regarding my . I actually found her through someone that I currently passively invest with in . She’s married with five kids and loved the fact...  Read More
7 Steps To Investing In Your First Apartment Syndication
7 Steps To Investing In Your First Apartment Syndication If you’re anything like I used to be, the only real estate transaction you’re familiar with was purchasing a home. Do you remember the process you went through when you bought your first home? It probably went something like this…. Initially...  Read More
Dave Ramsey Mortgage Advice – Should You Buy A House With Student Loans?
Dave Ramsey Mortgage Advice – Should You Buy A House With Student Loans? A topic about mortgages appeared recently on , which is the world’s largest online community for dentists. The post discussed a video (see below) in which the wife of a recent dental school grad that called in to get some Dave...  Read More
7 Impressive Benefits To Mobile Home Investing
Mobile Home Investing Whenever I see a patient for the first time, I like to find out a little more about them before diving into the real reason they’re visiting our clinic. One of the ways I do this is by asking them about their likes/interests/hobbies on one of our intake forms. Recently, one of...  Read More
7 Minute Read: Rich Dad Poor Dad Summary
Rich Dad Poor Dad Summary Occasionally I get so much information that comes across 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...  Read More
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  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 it...  Read More
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 about starting...  Read More
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 local property would put me at ease as I could ride...  Read More
4 Reasons To Create Passive Income With Multifamily Syndication
Multifamily Syndication A 46 year old dentist recently posted on asking for investing advice regarding his working towards an early "exit from teeth" over the next few years. He essentially is shooting for . He partnered with a larger corporate group which is going to be paying him to acquire 60%...  Read More
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 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 my trust in what their website was promoting instead of...  Read More
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...  Read More
Live With Gratitude – 7 Ways To Be More Thankful
Live With Gratitude I recently read a quote about Thanksgiving from Erma Bombeck. She said, “Thanksgiving dinners take eighteen hours to prepare. They are consumed in twelve minutes. Half-times take twelve minutes. This is not coincidence.” At Thanksgiving, do you take time and appreciate all of...  Read More
The Grant Cardone 10X Rule Summary
Grant Cardone 10X Whether you love him or not,  is one of the most influential people today. I recently stumbled across him online and was amazed that I’d never heard of him considering his huge online following. (As of this writing, he has over 1.2 million YouTube subscribers.) A couple reasons I...  Read More
A Doctor’s Tale Of Living Debt Free – No Mortgage
Living Debt Free No Mortgage. Those are the five words we now live by. One of the main reasons for starting this blog was to share our  in hopes to inspire other docs & high income professionals to become debt free and avoid the same mistakes we’d made. It doesn’t matter if you’re still in school,...  Read More
7 Lessons On How To Live The Stealth Wealth Life
I was at my son’s junior high football game recently talking to my friend Tommy. He told me that he’d overheard talk in the stands about a group that donated money to our local high school for the use of a new pavilion in the end zone. He knew that I was part of this group but couldn’t figure out...  Read More
The Hedonic Treadmill – The #1 Reason Why Buying Stuff Won’t Make You Happier
Recently I came across the idea of the Hedonic Treadmill in the fantastic book,   by Jonathan Rauch. This wasn’t a phrase that I’d heard of before but have experienced numerous times in my life. I occasionally get ideas for topics to write on through other personal finance blogs for healthcare...  Read More
How Much Do You Need To Retire?
How much money do docs need to retire on? Well… it depends on many factors. When I first posted this question back in March 2018 on the I had no idea it would attract so many eyeballs (over 7000 views as of this writing!) Before we discuss the details, let’s highlight a few fun facts that keep many...  Read More
How To Become An Accredited Investor And Why It Matters
How To Become An Accredited Investor Each week, I’m enjoying having conversations with other doctors & high-income earners about , specifically syndications. If you haven’t signed up for the Doctor Investors Circle,  to stay updated on the latest articles and syndication investments available. You...  Read More
The Difference Between Rich And Wealthy – Does Money Make You Rich?
Is there really a difference between rich and wealthy? There is but it seems that most don’t know what that difference is.   According to a recent survey, investment firm  asked 1,000 Americans, “How much money would it take for you to feel rich?”   Survey says!: 2.4 million   For them, being...  Read More
The Richest Man In Babylon Summary – 7 Wealth Lessons
The Richest Man In Babylon Summary If you’re reading this post, then it’s safe to say you want to . There’s also a good chance that you’ like to read. People that don’t read much (but want to) usually blame their busy lifestyle yet the smartest and wealthiest people have linked much of their...  Read More
5 Reasons You Should Be Investing In Apartment Complexes
Should You Be Investing In Apartment Complexes? If you’ve read  to replace my income. That’s #1. Second, to share everything that I’m learning along the way so you can avoid the same mistakes I’ve made (and continue making). Sound good? Number 3 and also one of the biggest goals is to help out...  Read More
401k vs Real Estate – Which Is Best?
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 retirement accounts. I did this because it was all I knew to do and also how most of the millionaires in the books, , gained a seven figure net worth. Now I...  Read More
How To Create Passive Income With Real Estate Note Investing
Real Estate Note Investing I’m all about  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 of time and energy it took...  Read More
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