Calculating the Optimal Down Payment for an Investment Property

In my recent book, The Doctors Guide to Real Estate Investing for Busy Professionals, I give a detailed explanation about how I was able to buy investment property with no money down. Questions came up about what is the optimum down payment for an investment property.  Since my goal in acquiring property was to put it into my portfolio for the least acquisition cost, I didn’t calculate its optimal down … Read more

Reasons You NEED Investment Real Estate

It’s a Business There are huge tax advantages to owning a business, and doctors today are losing those advantages as medicine transitions to an employment model. By starting a real estate business, you can get back some of those lost advantages that employees do not enjoy. Owning a single rental property means you have a … Read more

Intergalactic Investing with Spock

I am often asked the question, “Is it better to pay down debt or invest?” It is uncanny how often this question comes up. This question is asked as if those were the only two options to choose from. I never hear, “Should I go on a three week trip to Paris or invest?” “Should … Read more

Real Estate Investing for Busy Professionals

After taking a little breather from writing books, I’m at it again. Book #4 in The Doctors Guide series will be coming out this fall, titled, The Doctors Guide to Real Estate Investing for Busy Professionals (Who Don’t Think Real Estate is For Them). The book is currently in the hands of test readers and … Read more

How to Get Start Up Capital From Your IRA

(This week we have a guest post from Rick Pendykoski, who helps set up self-directed IRA accounts at Self Directed Retirement Plans, LLC. These accounts have more flexibility as to where you can invest the money than a typical IRA account. You can even invest the money in your new business or real estate venture. … Read more

Buying Gold is NOT Investing

I often hear people talking about their “investment” in gold. Then there are those who have a “diversified portfolio” and gold is one of their forms of diversification. I’ve encountered people who have $60,000 worth of gold bars in their home safe, in case of a major financial crisis. We all see the celebrities pitching … Read more