Bad Real Estate Deal Analysis | PPhREI Network Roundup | 11-12-2022

Today’s PPhREI roundup includes a bad real estate deal analysis, a discussion about being imprisoned by your old goals, and instructions on building an amazing haunted house.

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Carpe Diem MD

In this Halloween themed post, Ian Cook, MD gives us an inside look into his life. It turns out that his family really goes all out for Halloween! He gives us a tour of his amazing haunted house and instructions on how to build your own. It’s a great reminder that doctor bloggers have a full life outside of our blogs and jobs.

Read this spooky post on the Carpe Diem MD blog: Our October 2022 Renovation (Halloween Special)

The Darwinian Doctor

In this introspective post, I reflected on the massive changes that life sometimes throws your way. These changes sometimes make old goals and even your prior persona obsolete. I reviewed my SMART goal from a few years ago to see if it’s still relevant to my current life. This goal included a specific cash flow target I wanted to hit by 2025: $100,000 of tax free cash flow.

Spoiler: it looks like I need to set some new goals!

Read the original post on the Darwinian Doctor blog: Don’t Be a Prisoner of Your Former Self

The Prudent Plastic Surgeon

In this great post, Jordan Frey, MD analyzes a very interesting real estate deal and goes over some red flags that caused him to pass on the deal. The analysis definitely deserves a read, as it goes over various factors that investors should consider when thinking about a real estate deal. Property tax reassessment, acquisition costs, and new unit development are all factors relevant to his recent deal.

In the end, he walked away from the deal and realized that bigger properties aren’t always better. This is a valuable lesson, and one I probably should have had myself last year when I was on a property buying rampage!

Read the original post on the Prudent Plastic Surgeon blog here: In Depth Analysis of a Bad Real Estate Deal


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