Podcast Episode #517: Combining Healthcare and Real Estate – How Demographics and Market Analysis Protect Investors – Austin Hair
Episode #517: Dentist Freedom Blueprint Podcast
Combining Healthcare and Real Estate – How Demographics and Market Analysis Protect Investors – Austin Hair
Today, we’re diving into some niche real estate markets, then broadening out to the general real estate market and the overall economy. I spoke with Austin Hair, a former professional wakeboarder who is now a real estate operator and managing partner of Leaders Real Estate.
In this episode, we discuss how Austin uses demographic and competition analysis, particularly in the healthcare sector, to look for acquisitions and opportunities for both healthcare providers looking for new locations and investors. Listen in to learn why healthcare real estate is a resilient investment class, the benefits of long-term asset holding, wedding venues as a niche opportunity, mitigating risks via relationships, and the potential for a recession soon.
Minute Markers:
03:21 – Austin’s transition from Wakeboarder to Entrepreneur to Real Estate Operator
06:57 – How to use demographics and competition data to find new business locations
10:19 – Why Austin focuses on multi-tenant properties.
14:12 – What kinds of business owners benefit the most from Austin’s acquisition analysis.
16:18 – The real estate market ahead and how much the economy and interest rates actually affect investors.
23:59 – Pursuing opportunity while mitigating downside risk.
25:00 – Wedding venues as a niche real estate asset.
27:30 – How Austin works with investors and his favorite asset holding period.
29:46 – Don’t do all the investment or business research yourself.
30:56 – Recession potential – How much risk should you take today?
Featured on the Show:
Austin’s Company: Leaders Real Estate
Austin’s Podcast: Helping Healthcare Scale
Download the free report: Becoming a Full-Cyle Investor
Join my Catalyst Group: My 4-week Online Real Estate Course
Order free copies of all my books.
P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :
In this episode, we finish up the second part of my interview with Rob Swanson and his eight rules of investing. (If you haven’t listened to part 1, be sure to go back and give that a listen before jumping into this one.) Today, we pick up where we left off, covering rules four through eight and talking about everything from decision-making to cash flow and risk reduction.
Listen in as Rob shares his incredible insight and experience in real estate and investing to give us a few rules that help make our decisions and investments more solid. You will hear about the importance of looking at margins before buying and what boxes need to be checked when it comes to predicting a solid income stream. Rob also discusses how to define and mitigate the different risks involved so that you can come out on top.
Alastair MacDonald is a private advisor to established entrepreneurs, investors, and business owners, as well as a TEDx speaker who lectures on economic, social, and financial forecasts. Join me today to hear part two of our conversation at the Freedom Founders Mastermind, where we dive into the concept of certainty, how to hedge against a volatile economy, and why the abdication model is no longer one that works.
Listen in to learn the reasons why Alastair is not worried about consumer price inflation (and what he’s really worried about instead) and why the 401(k) is not always the investment that it is made out to be. You’ll learn why he is most concerned about the issue of division and polarity in the Western world, why your business is your best asset in a volatile economy, and how you can maintain its viability to weather the most intense economic storm.
1. Get Your Free Retirement Scorecard:
Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Go to www.FreedomFounders.com/Scorecard to take the 3 minute assessment and get your scorecard.
2. Attend A Workshop:
If you’re committed to Freedom, but still building a practice, paying down school debt, or growing investment capital, our hands-on Freedom Blueprint Workshops are your entrance ramp onto the fast track! Visit www.freedomfounders.com/workshop to claim your seat!
3. Apply To Visit The Mastermind:
If you’d like to join dozens of dentists, docs, and practice professionals on the fast track to Freedom (5-7 years max), visit www.freedomfounders.com/step-1 to apply for a seat.
4. Want to Work Directly with Me?
If you’d like to work directly with me and a small group of my closest investment colleagues, with direct access to the dealmakers and asset classes that I invest in, just send a message to my Executive Assistant (Lindsey@FreedomFounders.com), and put “Fast Access” in the subject line. Or, call (972) 203-6960 Ext 144 and leave a brief voicemail for Lindsey. Let her know you’re interested in the Fast Access program – we’ll set up a time with you to talk, find out about your goals, and see if there is a fit.