Breakaway Wealth Podcast

Go From Passive to Active Income by Doing This with Dr. Vikram Raya


Listen Later

In This Episode: Many medical doctors believe that their career is set, that their profit-sharing plan is a necessity, and that their lives and jobs are a done deal. They get stuck in this mentality, but those instruments where their money is held are being eroded every single day by inflation. The age of the legacy career with a pension is done, and the goal now is to have optionality. Options such as multi-family real estate are growing in value, and even benefiting from inflation. So knowing this and that there is power in buying assets, not instruments, how do medical doctors decide where to put their money? This week's guest is here to help.

Dr. Vikram Raya is a medical doctor, cardiologist, and real estate investor. With an interest in functional medicine, he wanted to practice medicine in a different way but he needed the initial financial means to do so. Searching for alternative options led him to the world of multi-family real estate and he went on to start Viking Capital, a leading multi-family investment firm creating multi-generational wealth. Hear more about Viking Capital this week and why Vikram loves multi-family real estate, as well as the reason you should consider it as a viable place to invest your money.

The only reason people don't make a change is due to their fear of failing or something going wrong. But the only thing that cures fear is action, and Vikram believes that anybody can do real estate investing if they are passionate and willing to learn. He joins Jim this week to share how he found the courage to break away from a traditional career as a medical doctor, and how breaking the time-for-money equation opened the whole world up. Vikram shares the ONE decision that changed his life, the insane returns you can get from real estate compared with the stock market, and what he has learned from multi-family real estate.

Resources Mentioned in This Episode:

The One Thing by Gary Keller

The Gap and The Gain: The High Achievers' Guide to Happiness, Confidence, and Success by Dan Sullivan and Dr. Benjamin Hardy

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki

Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom by Robert T. Kiyosaki

Connect with Jim Oliver:

Facebook: CreateTailwind & Jim Oliver

Website: https://createtailwind.com/

YouTube: CreateTailwind

LinkedIn: Jim Oliver

Join the Community: https://community.createtailwind.com/

RSVP for the next community Q&A HERE: https://community.createtailwind.com/events

Connect with Dr. Vikram Raya:

Website: http://vikingmultifamily.com/

Coaching Website: https://vikramraya.com/

Facebook: https://www.facebook.com/Vikramrayamd/

LinkedIn: https://www.linkedin.com/in/vikramraya

Instagram: https://www.instagram.com/vikramraya/

Podcast: https://vikramraya.com/podcast/

...more
View all episodesView all episodes
Download on the App Store

Breakaway Wealth PodcastBy CreateTailwind

  • 5
  • 5
  • 5
  • 5
  • 5

5

49 ratings


More shows like Breakaway Wealth Podcast

View all
Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

409 Listeners

Money Ripples Podcast by Money Ripples Podcast

Money Ripples Podcast

138 Listeners

The Art of Passive Income by Mark Podolsky

The Art of Passive Income

686 Listeners

The Prosperity Podcast by Kim D. H. Butler and Spencer Shaw

The Prosperity Podcast

96 Listeners

Kwik Brain with Jim Kwik by Jim Kwik, Your Brain Coach, Founder www.KwikLearning.com

Kwik Brain with Jim Kwik

4,834 Listeners

Not Your Average Financial Podcast™ by Not Your Average Financial Podcast™

Not Your Average Financial Podcast™

123 Listeners

The Wealth Without Wall Street Podcast by By Russ Morgan & Joey Muré

The Wealth Without Wall Street Podcast

269 Listeners

BetterWealth with Caleb Guilliams by BetterWealth Media

BetterWealth with Caleb Guilliams

248 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

290 Listeners

The Infinite Wealth Podcast by Infinite Wealth Consultants

The Infinite Wealth Podcast

54 Listeners

Wealth Strategy Secrets of the Ultra Wealthy Podcast by Dave Wolcott

Wealth Strategy Secrets of the Ultra Wealthy Podcast

98 Listeners

The Money Multiplier Podcast by The Money Multiplier

The Money Multiplier Podcast

28 Listeners

Wealth Warehouse by The IBC Guys via Podcast Principles

Wealth Warehouse

121 Listeners