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 451-475 of 485
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How To Build Wealth With Real Estate - 5 Ways
How To Build Wealth With Real Estate – 5 Ways I recently had an interesting call with a new member of the . He wanted to start investing in real estate but ultimately admitted that fear was holding him back. Once I dug in to learn a bit more of his situation, he told me that he’d always invested in...  Read More
The Ultimate Guide To A Real Estate Syndication Structure
Real Estate Syndication Structure It's amazing how many doctors and other high-income professionals members of our . Actually, until a few short years ago, I hadn't either. It seems that more and more doctors are in search of building  and syndications are a great way to help. Quick story. A...  Read More
The Geometry Of Wealth – How Money Figures In A Joyful Life
The Geometry Of Wealth  I love to read. It’s also my #1 prescription for anyone that suffers with insomnia. I typically average 5-7 books a month and usually get a list of book ideas from either the books I read (they reference other books) or from other people. When I met with Dr. Cherry Chen ()...  Read More
Grant Cardone Real Estate Guru - 9 Rules To Get Your Money Right
Grant Cardone Real Estate Guru – 9 Rules To Get Your Money Right Whether you love him or hate him,  has a HUGE following when it comes to playing the money game. I first stumbled on to him after reading his book . It inspired me to stop setting goals that were too low and instead, 10X them. For...  Read More
Is Farmland a Good Investment? What You Need to Know
Is Farmland a Good Investment? What You Need to Know [Editor’s Note: Today’s article in a guest post from Michael Dinich who blogs over at .  He’s worked in the personal finance industry since 1999, where he helped families plan for retirement, reduce taxes, eliminate unnecessary expenses, and plan...  Read More
506b vs 506c – What Passive Investors Should Know
506b vs 506c When I first started investing in , one of the terms that I kept hearing about was Rule 506 of Regulation D. Say what? Yes, that was my first thought too. As a  with no background in real estate investing, I had to spend months on self-educating myself as I do each day. Some of the...  Read More
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
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
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