Debt Free Dr
Debt Free Dr
To help other dentists obtain financial independence within 5-7 years by investing in passive real estate investments.
Blog By:
DebtFreeDr
DebtFreeDr

Displaying 376-400 of 534
Page 16 of 22
Who Not How Book Summary
There’s something special about those of us that grew up in the 80’s and 90’s :). One of those reasons happens to be that during this time, the greatest basketball player of all time, Michael Jordan, was selected as the third overall pick in the NBA draft by the Chicago Bulls. To put things in...  Read More
How To Make Money Work For You So You Can Stop Working
Growing up, I’d frequently hear successful people say, “If you want to get rich, you have to make your money work for YOU.” When I first heard this advice in high school, I didn’t have a clue what it meant. Just last night my wife and I were eating at our  in our home town of Monroe, LA. The...  Read More
3 Valuable Rich Dad Poor Dad Lessons You Should Know
These people tend to be more  and willing to help others out. They know that it’s not ONLY about themselves. Related article: Building Wealth Takes Big Changes There are several other Rich Dad Poor Dad financial lessons in the book but I felt that these were the BIGGEST for the doctor/high-income...  Read More
117 Inspirational Quotes About Money And Happiness
When it comes to self-improvement, building wealth is one thing  many struggle with.  Whenever I’m wanting to learn something new or stay focused on a particular area, having quotes around help keep me on the right track. Here’s my favorite 117 quotes about money and happiness.      Don’t...  Read More
Escape The Rat Race: What School Failed To Teach You About Money
Do you remember when you first started school? What was the goal by the end of kindergarten? To make it to first grade, right? Then it was to get into second, third, and fourth grade, etc. until you reached high school. That’s when the real pressure was put on to not only make good grades but do...  Read More
How To Syndicate A Real Estate Deal As A Busy Professional
A new  member recently asked, “Jeff, how can I purchase an apartment building and bring in others to invest?” After asking him a few questions about his background, I learned:     he was a pulmonologist in the Midwest     has been practicing for 16 years     was married with three kids     only...  Read More
How To Make Passive Income With Vacation Rental Property
One of the BIGGEST lessons Robert Kiyosaki’s book “” taught me was: To take it a step further, billionaire Warren Buffet once said, “If you don’t find a way to make money while you sleep, you will work until you die.” Now if the rich don’t work for money and if we don’t make money while we sleep...  Read More
How To Calculate Your FI Number
It’s amazing how many younger  members begin pursuing financial independence (FI) shortly after completing their training. I first learned about the financial independence/retire early or FIRE community after 10 years of practicing as a periodontist. Honestly, the concept of financial independence...  Read More
Golden Handcuffs: The Ultimate Doctor Restraint
You finally made it. The grueling and exhaustive medical training is now over and recently you landed your dream job with a six-figure salary that’s going to provide a sweet lifestyle. Not to mention a MUCH better way to pay off that $400,000 worth of student loans and mounds of credit card debt....  Read More
Understanding Cap Rate vs Cash on Cash Return
One of the issues first year dental students face is becoming familiar with all of the “dental lingo” involved. It took me a while to get comfortable with terms such as:     mesial/distal     apicoectomy     probing depth (PD)     loss of attachment (LOA)     exostosis This is no different when...  Read More
How To Create Passive Income With Self Storage Investing
Who would have thought that a pandemic causing a world to shut down would cause some businesses to fail and others to thrive such as the self storage industry. That’s right, . It seems that when American households couldn’t work and free money was sent to them via the government, their boredom was...  Read More
Influence Book Summary – The Psychology of Persuasion
If there’s one book that I’ve read that has helped me in ALL aspects of life (work, family and social), it would be Dr. Robert Cialdini’s . It’s also frequently mentioned on  as being on the interviewers favorite books. There’s something about both psychology and negotiation that has always...  Read More
Doctor Real Estate Investing: 4 Ways To FI
Who would have thought that a global pandemic in 2020 sending thousands of people to hospitals throughout the U.S. would cause ? Doesn’t make sense, right? You’d think the demand would now be higher but it seems that many hospitals have lost so much money that hiring new docs is next to impossible....  Read More
Qualified Purchaser vs Accredited Investor – What’s The Difference?
For the first 10 years of my career as a periodontist, I socked money away in the only investment opportunities I was familiar with….the stock market. This was due to my limited financial knowledge. At that time, the majority of our investments were in good ‘ole boring Vanguard index mutual funds...  Read More
What To Do If You’re Thinking About Quitting Dentistry/Medicine
I recently came across a post on a forum at  from a 34 year old dentist that made me do a double take based on the amount of views it had gotten (at the time over 35,000 views). Here’s what he posted: Don’t Worry, Be Happy My friend Dr. Jimmy Turner, , practices in a high stress field...  Read More
Financial Planning For Dentists In 7 Steps
“What happens if Washington votes to raise our taxes?” “Do you think all the stimulus money is going to cause inflation to rise?” Questions like these commonly appear in my inbox from members and honestly I can’t answer them (I don’t have a crystal ball). The government’s tax policy and the future...  Read More
3 Reasons Value Add Real Estate Investing Can Work For You
3 Reasons Value Add Real Estate Investing Can Work For You My dad’s father and uncle started a hardware store (Star Hardware) in 1941 that my dad still runs today. There’s nothing that I’ve ever seen that he couldn’t fix. (Maybe that’s why his nickname is “Mr. Fix-it“? Occasionally my wife and I...  Read More
Potential Real Estate Tax Loopholes Changes Doctors Should Know
[Editor’s Note: Today’s article is a guest post from a friend of mine that wants to remain anonymous. He’s a doctor that teaches other doctors about all types of money matters at . ] As a real estate investor, the Wealthy Doc understands that one of the MOST important benefits for investing in the...  Read More
What’s the Difference Between Earned vs Unearned Income?
What’s the Difference Between Earned vs Unearned Income? It wasn’t until about seven years ago that I started searching for income sources outside of my dental practice. It took a minor wrist injury while skiing to make me realize I was depending 100% on the practice’s income. Not a good plan to...  Read More
It didn't take long after completing dental school and a surgical residency to start getting hounded by insurance agents and financial advisors. I had no idea how many policies were needed to own a practice! Any way, the financial advisor recommended that I only work with him to ensure I'd be able...  Read More
Wealth vs Income – What’s The Difference?
Wealth vs Income – Is there a difference between the two? Here’s how most people think about wealth and income… It’s actually fairly simple-minded as it goes something like this:       Read More
How To Choose The Best Real Estate Asset Classes For Investing
Do you remember when you could order a burger and fries with no questions asked? Unfortunately, those days are long gone. If you tried  that in restaurants today, you’d get bombarded with questions such as:     what size burger – quarter pound? half pound?     what type of bun?     what would you...  Read More
Doctor Investing: How To Become a Millionaire in Real Estate
Research shows that 90% of millionaires do something specific to create wealth….invest in real estate. Even though doctors get a late start with tremendous debt, they still have an easier time reaching  due to a six-figure income.  So good news, if you’re a doctor or other high-income earner, then...  Read More
The Next Millionaire Next Door Summary
You may not be familiar with Dr. Sarah Stanley Fallaw, but you’ve probably heard of her dad, Dr. Thomas J. Stanley.  He was the author of one of my favorite books, the  which was the best selling personal finance book that yours truly read some 25 years ago. Sarah also knows a thing or two about...  Read More
4 Ways Passive Investors Can Calculate ROI In Real Estate
Unfortunately, the first time I invested in a , I lost the entire investment.  No, it wasn’t much fun but it did make me rethink how I evaluated property, especially the return on investment (ROI). If you don’t have a good grasp on calculating ROI in real estate then you’re setting yourself up for...  Read More
Displaying 376-400 of 534
Page 16 of 22
Total Blog Activity
997
Total Bloggers
13,451
Total Blog Posts
4,671
Total Podcasts
1,788
Total Videos
Sponsors
Townie Perks
Townie® Poll
Who or what do you turn to for most financial advice regarding your practice?
  
The Dentaltown Team, Farran Media Support
Phone: +1-480-445-9710
Email: support@farranmedia.com
©2025 Dentaltown, a division of Farran Media • All Rights Reserved
9633 S. 48th Street Suite 200 • Phoenix, AZ 85044 • Phone:+1-480-598-0001 • Fax:+1-480-598-3450