Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Money

Ep36: Financial Missteps & Mastering Real Estate - Your Qs Answered


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We've turned to our Facebook community, The Frugal Physicians, and your emails to bring you a unique segment. Dr. Disha is answering a few of your questions about managing finances, making smart investments, and seeking out alternative income streams in the world of healthcare.

A significant portion of today's episode is dedicated to real estate investment. Dr. Disha shares her personal journey, inspired by the principles in "Rich Dad, Poor Dad," and discusses the tangible benefits of real estate, including tax advantages, inheritability, and the potential for high returns. She provides practical advice on getting started, managing risks, and understanding the nuances of different types of real estate investments, from long-term rentals to short-term vacation properties.

Looking for something specific? Here you go:

00:00:11 - Introduction and Apology for Delay

00:00:33 - Welcome to Finding Financial Freedom Podcast

00:01:00 - Community Questions on Finance in Healthcare

00:02:06 - Passive Income for Physicians

00:04:13 - Creating Intellectual Property for Passive Income

00:04:55 - Exploring Side Gigs for Doctors

00:06:00 - Monetizing Blogs and Podcasts

00:07:17 - Affiliate Marketing Explained

00:08:02 - Direct Contracting and Content Creation

00:08:55 - Multiple Income Streams and Wealth Building

00:09:53 - Real Estate Investment for Financial Security

00:11:07 - Benefits and Strategies of Real Estate Investing

00:13:45 - Tax Benefits of Real Estate Investing

00:15:58 - High Risk and Reward of Real Estate

00:17:02 - Real Estate Investment Types

00:18:26 - Real Estate as a Tangible Asset

00:19:56 - Short-Term Rental Investing and Tax Benefits

00:23:28 - Addressing Investment Losses and Tax Implications

00:28:57 - Subscription Model in Healthcare Business

00:34:17 - Physician Groups for DIY Enthusiasts

00:38:06 - Closing Remarks and Contact Information

This episode is sponsored by

Eckard Enterprises – is an asset management company that focuses on providing families access to diverse, alternative investments.

If you enjoyed the show, find and follow Dr. Disha everywhere else:

Twitter

Website

Facebook

The Frugal Physicians Facebook Group

YouTube

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Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.

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Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, MoneyBy Dr. Disha Spath, MD, FACP

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