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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Why Dave Ramsey's Advice Can Make You Poor
Would you rather watch the video? Dave Ramsey has been instrumental in helping millions of people, including myself, early on in my practice to get out of debt. But at what cost? Let me explain. Dave Ramsey's teachings typically cater to most people living paycheck to paycheck who have little to...  Read More
How to Start an RV Park For Passive Income
How to Start an RV Park: Building Your Dream Campground I used to invest solely in . This asset class, along with mobile home parks, are some of the most overlooked.  There’s no better way to turn a vacant tract of land into a cash cow. But as with any type of real estate project,...  Read More
Why Waiting to Retire Could Be Your Biggest Regret
Rather watch than read? Check out the video instead: Why should you retire early? Today, I want to explore this personally, inspired by a recent conversation in a private Facebook group for dentists interested in real estate. One member shared a cautionary tale about his father who, after working...  Read More
Unveiling the 401k Deception
Unveiling the 401k Deception If you're a dentist, you're probably aware of the conventional retirement investing method. However, the current model of exclusively saving through 401ks and IRAs under a "set it and forget it" mentality is fundamentally flawed and falls short of providing a . The  at...  Read More
The Real Estate Syndication Structure (EXPLAINED)
The Real Estate Syndication Structure (EXPLAINED) It took injuring my wrist snow skiing to make me realize I couldn’t work as a dentist if I couldn’t use my hands. This led me down the rabbit hole of needing passive income, eventually investing in real estate syndications. And I can’t tell you how...  Read More
Why Do Squatters Have Rights?
Why Do Squatters Have Rights? – Everything to Know If you’ve ever thrown a party, you’re probably familiar with the guest who lingers too long, becoming an unwanted annoyance. Imagine that frustration but on a larger scale: someone enters your property without an invitation and decides to make it...  Read More
Real Estate Syndication vs REIT: Which is Right for You?
Real Estate Syndication vs REIT: Which is Right for You? New  members often think that a REIT is the same as a real estate syndication. If you want to check out my video breakdown on the two, take a look here:    Both investments offer unique opportunities to invest in real estate, but key...  Read More
How to Qualify As A Real Estate Professional (As a Doctor)
How to Qualify As A Real Estate Professional (As a Doctor) One of the best ways to avoid taxes and build true wealth is to qualify as a real estate professional (REP). Here’s a video walkthrough of what that looks like: With REP status, you can offset some of your business/practice income with...  Read More
What Is a LOI In Real Estate – Basics Explained
What Is a LOI In Real Estate – Basics Explained In real estate transactions, a Letter of Intent (LOI) plays a crucial role as an initial gesture towards a potential agreement. Consider it a formal yet non-binding document outlining your intentions to purchase or lease a property. Although not a...  Read More
What Is ROI in Real Estate Investing?
What Is ROI in Real Estate Investing? Real estate investing is one of the most popular ways for busy professionals to build wealth. But as with any type of investment, it’s important to educate yourself on the basics of how it works.  One important metric to consider is the return on investment...  Read More
Reducing Tax on Rental Income: The Role of Passive Losses
Reducing Tax on Rental Income: The Role of Passive Losses As a , I was never taught anything about money, much less real estate or taxes, in school. The fault is mine for not seeking this information earlier in my career. It’s amazing that once you learn how to use the tax code correctly, it can...  Read More
Tax Savings Strategies for High-Income Doctors: Maximizing Your W-2 Deductions
Tax Savings Strategies for High-Income Doctors: Maximizing Your W-2 Deductions [Editor’s Note: Today’s article is a guest post from Thomas Castelli, CPA from  (my personal CPA group).] Navigating the maze of tax planning can be daunting for anyone, including high-income doctors. Your unique...  Read More
2024 Bonus Depreciation Update: Is It Coming Back?
2024 Bonus Depreciation Update: Is It Coming Back? In 2024, there have been some changes to the  rules. One notable development is the passage of the Tax Relief for American Families and Workers Act of 2024, which includes a 100% bonus depreciation provision and research and development expensing...  Read More
What Is a Private Placement Memorandum (PPM) In Real Estate?
What Is a Private Placement Memorandum (PPM) In Real Estate? A private placement memorandum (PPM) is an important document for businesses seeking to raise capital by selling securities to a select group of investors. This legal document discloses essential details about the investment, including...  Read More
Marshawn Lynch’s Wealth Secrets: Turning NFL Advice Into Financial Gain
Marshawn Lynch’s Wealth Secrets: Turning NFL Advice Into Financial Gain Despite earning high incomes during their careers, up to 78% (ouch) experience financial distress or bankruptcy within two years of leaving the league. Contributing factors include the average career length of roughly 3.3...  Read More
Steps To Achieve Financial Freedom: A How-To Guide
Steps To Achieve Financial Freedom: A How-To Guide  means having the ability to make choices without being held back by financial constraints. It involves understanding and managing your income, expenses, debts, and investments to achieve a level of financial stability where you can focus on other...  Read More
Section 179d: Tax Deductions for Commercial Buildings
Section 179d: Tax Deductions for Commercial Buildings The 179D commercial building energy efficiency tax deduction encourages building owners and tenants to adopt energy-efficient systems and improvements. Building owners can claim significant tax deductions by implementing qualifying measures,...  Read More
Recapitalization In Real Estate: An Investor’s Guide
Recapitalization In Real Estate: An Investor’s Guide Recapitalization in real estate is when you change how a property is financed. This usually means adjusting how much money comes from loans versus how much comes from investors. This can help the person who owns the property make more money. They...  Read More
What Is The Real Estate Sponsor Promote?
What Is The Real Estate Sponsor Promote? In the real estate private equity world, there’s a key concept called the “sponsor promote.” This is a fancy term for the extra profits the sponsor gets after reaching a certain return level in a deal. If you’re not sure what a real estate sponsor or...  Read More
How to Create a Winning RV Park Business Plan
How to Create a Winning RV Park Business Plan Whether you’re an entrepreneur seeking a new business venture or an existing RV park owner looking to expand, developing a comprehensive business plan is crucial to your success. A well-crafted business plan allows you to examine the market, pinpoint...  Read More
Real Estate Tax Savings: How Cost Segregation Works
Real Estate Tax Savings: How Cost Segregation Works Have you ever been told that the ultra-wealthy folks end up paying little to no taxes? I know I have. The fact is, anybody can benefit from the tax system if they know how to play the game. If I could go back in time (before dental school), there...  Read More
What Is Underwriting in Real Estate? An Investor’s Guide
What Is Underwriting in Real Estate? An Investor’s Guide Investing in commercial real estate is a great way for busy, high-income professionals to diversify their portfolios and earn passive income. Who doesn’t want extra sources of money coming in, right? However, it’s important to understand the...  Read More
What Is Cash Flow in Real Estate and Why Does It Matter?
What Is Cash Flow in Real Estate and Why Does It Matter? Have you ever wondered how real estate investors measure profit? Cash flow is the money a property makes after subtracting its costs. This key metric reveals a property’s financial health. Factors like rent, taxes, and expenses shape it....  Read More
How to Win Friends and Influence People: Carnegie’s Secrets
How to Win Friends and Influence People: Carnegie’s Secrets “” is a classic self-help book by Dale Carnegie published in 1936. With over 30 million copies sold worldwide, it remains one of the best-selling books of all time. I read it once during college and then after dental school. Even though it...  Read More
ChatGPT's Ultimate Guide to Dominating Your 2024 Goals
ChatGPT’s Ultimate Guide to Dominating Your 2024 Goals Are you ready for 2024? Let me ask you a question. How many times have you witnessed people setting ambitious New Year’s resolutions only to see them dissolve quickly? All the time, right? Well, this year, I’ve decided to transform my approach...  Read More
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