When I attend a meeting on investing for physicians, I am surprised at how often a deal is offered that is pure speculation, and not a solid investment. My track record on making good returns from speculating is abysmal. But I have seldom lost money when I chose a solid investment. That begs the question … Read more
Seven Reasons Real Estate is a Better Investment Than Stocks I’ve now almost entered my fourth decade of investing in both real estate and the stock market. It’s easy for me to see which one has far outperformed the other. It is not even a close race. When I read about the two compared side … Read more
So, you want to invest in real estate, which I believe is the best investment you can make. Once you have found a property you want in your portfolio, completed a cash flow evaluation on the property, considered the financing, and it all looks good, you are ready to make an offer. Many real estate … Read more
Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include tips for starting a real estate side hustle, how much passive income does it take to … Read more
Many people have asked me how I knew it was the right time to retire. They are struggling with the decision and are afraid to pull the trigger too soon. Retiring from medicine is almost a final move as it is very difficult to return after being away for a period of time. I haven’t … Read more
I remember when I first began investing in real estate. As I discussed my first real estate purchase with various people, those in the older generation kept telling me they were too old to begin investing in real estate. They would say things like, “If only I was in my twenties, then I would consider … Read more
Most people who are saving for retirement are familiar with the 4% rule. According to this rule, proposed by William P. Bengen in 1994, and later confirmed by Trinity University in 1998, you can withdraw 4% of your retirement assets the first year of retirement and then increase your withdrawal for inflation each year thereafter. … Read more
Forums and Facebook groups abound with a frequently asked question that sounds something like this: “Should we sell our positive cash flow rental to buy (insert fun new toy) so we don’t have to attain a loan?” When someone wants to buy a new car, boat, or motorhome but they have learned that buying toys … Read more
(Today’s guest post come from Dr. Jordan Frey) On May 1, 2020, I couldn’t have told you what cash-on-cash or cap rate meant. I definitely would not call myself a real estate investor nor tell you that I harbored the slightest inkling that I would become one. Yet, here I am writing this post just … Read more
(Keep an eye out for my new book The Doctors Guide to Navigating a Financial Crisis, coming soon) Last Monday my talk on The Leverage and Growth Virtual Summit for Physicians was made available. My discussion is on how I got started in real estate investing, which now produces enough cash flow to fund my … Read more
