Doctors Building Wealth

Latest Episodes:

How to recession-proof your real estate portfolio Aug 28, 2022

Show notes

Looks like we're headed into a recession. Regardless, we think it's best to be prepared.

We've been preparing for the recession since 2015. Even if you haven't, it's not too late to "recession-proof" your real estate portfolio. What do we mean by "recession-proofing" your real estate portfolio?

Finding recession-proof tenants! Renting your property to tenants who get their rent subsidized - ideally by the government, but it can be a non-profit or a company. If it's a company, you want to make sure that the company is recession-resistant (for example, a hospital).

Supported living - State sponsored
Section 8 housing
VASH - Veterans Affairs Supportive Housing
Sober living
Respite housing
Sex offender housing
Mid-term housing to medical professionals

Have someone who you think should be featured in a future episode? Comment and let us know on our socials! Also, don't forget to share and leave us a 5 star review on Apple Podcast if you loved this episode!

Wait there's more...If you enjoy the Doctors Building Wealth podcast, check out our FREE real estate training, Ignite Your Journey. Get exclusive, actionable advice and resources about creating financial freedom through cashflowing rentals!

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

Semi-Retired M.D. and its owners’, presenters’, and employees are not in the business of providing personal, financial, tax, legal or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this podcast. Semi-Retired M.D., this podcast, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed, and certified professionals should be sought. In addition, Semi-Retired M.D. does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

RESOURCES + LINKS
Work w/ SRMD: HERE
Join our FREE Facebook Groups: HERE
Join our Newsletter: HERE
FOLLOW + CONNECT
Connect with SRMD: Website | Instagram | Facebook
Liked this episode? Share it on social and tag me @semiretiredmd
Love the show? Leave a 5-star review and let me know!

The Truth About Investing in Passive Real Estate Syndications Aug 14, 2022

Show notes

If you've ever seen an ad for a real estate syndication, you might have come across headlines like this one:

"Get the benefits of investing in real estate without becoming a landlord!"

"This is your last chance to write off taxable income using 100% bonus depreciation!"

While these benefits sound amazing, the problem is, many of these headlines are misleading.

We're not saying that real estate syndications or the people leading them are bad. In fact, we led a syndication last year when we bought our 160 unit property. It's just that the people selling you on these syndications sometimes are not telling you the whole truth. And it makes sense. Being on the active side of investing is extremely lucrative. Syndicators make a lot of money with your money.

So in this episode, we uncover these truths so you have a balanced perspective before investing in a real estate syndication.

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

How We Manage to “Do it All” Aug 04, 2022

Show notes

We often get asked the question, "how do you manage to do it all?"

From the outside looking in, it's a fair question. We run a multi-million dollar business, we own and operate over 150 apartment units, we have four children, we travel about 5 months a year, we attend a meeting or conference almost monthly...the list goes on and on.

But the reality is, we don't!

It might seem like we have it all together but we're just like anyone else. One difference might be that we're always striving to improve our productivity. Just like James Clear says in his book, Atomic Habits, we're aiming to get 1% better every day. Check out the episode to hear our top tips for getting more done so others will ask you, "how do YOU manage to do it all?"

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

Benefits of Investing in Mid-Term Rentals Jul 17, 2022

Show notes

In this episode we discuss mid-term rentals.

Who rents mid-term rentals? (traveling healthcare professionals, corporate, insurance companies). We also discuss the best way to list your mid-term rental.

What types of properties can be mid-term rentals?

Which COC calculator do you use?

Who manages the property?

What are the Upsides and downsides?

How is a mid-term rental treated from a tax perspective?
We answer these questions and more in this episode.

We will also be sharing examples of student’s success in our upcoming Summit. Be sure to grab your FREE ticket today!

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

Tips for Working with Title/Escrow with Nuria Rivera Jul 03, 2022

Show notes

Nuria Rivera joins us for today's Podcast to talk about title and escrow.

She has had her title and escrow company for almost 7 years now. Her goal when starting her own company was to shift the systems and processes to make the process easier for everyone involved.

Nuria explains how Title companies have three main functions which include helping buyers protect themselves from different issues that happened in the past such as liens against the properties, boundary line issues and any defects against the property.

Tune in to find out what the other important functions of a title and escrow company are and why they are so important for successful real estate transactions for investors!

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

Was Our $230,000 Investment in Tony Robbins worth it? Jun 19, 2022

Show notes

Back in March 2019, we attended our first Tony Robbins event, a program called Unleash the Power Within. You can read more about our experience at the event in our five part series (start with Part 1 here).

At that event, we were presented with the opportunity to join another program called Tony Robbins' Platinum Partnership program.

The price tag was $230,000 (when you add up the cost of the program and all of the travel involved hauling two kids and an au pair around the world).

It took us four days to decide but eventually we took the plunge.

Was it scary? Yes.

Did we feel a little nauseated? Yes

But was it worth it?? Listen to the episode to find out!

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

Was Our $230,000 Investment in Tony Robbins Worth It? Jun 19, 2022

Show notes

At that event, we were presented with the opportunity to join another program called Tony Robbins' Platinum Partnership program.

The price tag was $230,000 (when you add up the cost of the program and all of the travel involved hauling two kids and an au pair around the world).

It took us four days to decide but eventually we took the plunge.

Was it scary? Yes.

Did we feel a little nauseated? Yes

But was it worth it?? Listen to the episode to find out!

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

What's Going on with Interest Rates? Interview with Dan Peck and Scott Clirehugh from Caliber Home Loans May 22, 2022

Show notes

Today we are really excited to talk to Dan Peck and Scott Clirehugh from Caliber Home Loans about the changes we have seen in residential loans this year. We discuss a topic that has been at the forefront of many of our students' minds, interest rates and inflation. We also discuss ARM rates and points.

Make sure to stick around to hear Dan and Scott’s predictions for where the market is heading this year and beyond.

You can reach out to the Caliber team at Semiretiredmd@caliberhomeloans.com

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

Proximity is Power May 08, 2022

Show notes

In this episode we discuss how proximity is power. This is one of the most powerful concepts we have learned from the Tony Robbins community. We see it play out in so many different ways in our lives. If you are going to elevate your game, find your partner even, proximity is the key.

Who do you spend the most time with? Who do you spend the most time sharing ideas with? Ask yourself, are they lifting you up? Are they setting a new standard while also motivating and challenging you to be a better version of yourself?

For more DBW, Semi-Retired MD, and content from Leti & Kenji, follow us on your favorite platform.

Follow these links to listen or listen on Apple Podcasts, iTunes, Spotify, or Stitcher! Don't forget to share with a friend and leave us a review on the iTunes app if you enjoyed it!

Be part of the conversation! Follow our general Semi-Retired MD Facebook page and then join our physicians or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

Tips for Building a Successful Doctor Owned Business May 08, 2022

Show notes

Over the last couple of years, we have seen more and more doctors venture into entrepreneurship and start new businesses.

But the hard truth is that very few (less than 5%) of these businesses will ever achieve $1 million in revenue and an even smaller number (0.4%) make over $5 million.

With the odds stacked against you, we wanted to share our top tips for building a successful doctor-owned business.

__________________________________________________________

Looking to learn more? Check out some of our most popular content:

Be part of the conversation - follow our general Semi-Retired MD Facebook page and then join our doctors or professionals group!

READY FOR REAL ESTATE SUCCESS? Book your call HERE for your next move.

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected