In this PPhREI Network roundup post, Dr. Frey reveals how he got a $264k net worth gain from rental property #4, and I discuss a lesser known physician superpower.
This post may contain affiliate links.
The Prudent Plastic Surgeon
In this post, Dr. Frey reviews the financial performance of his 4th investment property, a duplex in Buffalo, NY. He missed his projected returns, but still achieved excellent cash on cash returns of 18.4%! If you’re interested in active real estate investing, this post is a case study in the power of that investment strategy. With careful property selection and self-management, Dr. Frey and his wife yielded $30k of cash flow over the last 24 months.
And of course, cash flow is only one small part of the 5 ways that real estate investing makes you money. Just wait until you read about how much he saved in taxes and how this one property added over a quarter million to his net worth!
Read the whole post here: 2-Year Comprehensive Real Estate Review of Investment Property #4
The Darwinian Doctor
In this post, I talk about a lesser known superpower of physicians. No, I’m not talking about the power to heal. That’s a given. I’m talking about the ability to earn a physician income. It’s a faux pas to discuss this topic, but that’s what I’m all about! I go into why I think this is a superpower, and why it’s so important to protect this power.
Aside from staying licensed and free from felonies, it’s important to have disability insurance. This is typically something you’d purchase during residency training, as I did in the middle of my 6 years of urology residency. If you’re interested in exploring your options for disability insurance, I recommend talking about the options with our new affiliate partner Pattern! You can get a quick quote and set up a discussion right here.
And don’t forget to read the entire post about superpowers here: Doctors Must Protect Their Superpower
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