Last week I attended the Real Estate & Entrepreneurship Conference for Physicians, in Dallas, TX. (PIMDCON24). It was great meeting with fellow entrepreneurs in person. Shaking hands and talking face-to-face is so much nicer than meeting on zoom. I was overjoyed by meeting people who have been positively impacted by my writing. It makes me … Read more
This month marks seven years since I left the hospital as a working physician for the last time. That wonderful walk took place in Lebanon, Oregon, my final locum assignment, to the song 18 wheels and a dozen roses, by Kathy Mattea. At age 54, I wondered if we had enough passive income and retirement … Read more
(Want to meet me in person and attend my live lectures? Please join me at the White Coat Investor’s Financial Literacy and Wellness Conference, February 5-8, 2024, in Orlando, Florida. I will be giving two lectures at this amazing conference where I have spoken multiple times in the past. One lecture on Regaining the Joy of … Read more
(Want to meet me in person and attend my live lectures? Please join me at the White Coat Investor’s Financial Literacy and Wellness Conference, February 5-8, 2024, in Orlando, Florida. I will be giving two lectures at this amazing conference where I have spoken multiple times in the past. One lecture on Regaining the Joy of … 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
There is a lot of buzz about real estate investors attaining real estate professional status (REPS). The only reason to get REPS is to be able to use your real estate depreciation losses sooner than you would otherwise. It does not generate “new” losses to write off. It only allows one to use their losses … 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
I frequently hear people debating whether to pay off a home mortgage, which usually has a relatively low interest rate, or invest the money. Often the misguided answers to this question stem from only looking at the interest rate for the decision, as if it were the only valid variable. The following are the mistaken … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include can you still become wealthy in an expensive neighborhood, real estate performs well even through recessions, the difference between being rich and being … Read more
Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did. This week’s favorites include how to never run out of money in retirement, how disability insurance bought this doctor a car, are prior authorizations getting out of … Read more
