Passive Income Doctor

In this episode, we chat with buyers agent Richard Bharata, we discuss pros and cons of purchasing property in Melbourne. He shares some case studies and how navigating land tax and compliance (minimum standards) is part and parcel of the investing game.

He also updates us of his impressive portfolio- 14million dollars in 4 years!

➢tips on sourcing property yourself

➢case study of 70k below market value

➢listener Q+A- including thoughts on suburbs such as Epping (northern suburbs) and Melton (western suburbs)

➢how lack of action is killing many investors dreams of passive income

Check out Richard's website:

Home - iProperty Finder

Also feel free to ask Richard questions at: [email protected]

earlier episodes with Richard:

1st chat with Richard- Interview with Property Investor Richard Bharata (6 properties in 18months)

Capital Growth vs Cashflow (Richard Bharata)

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

In this episode part 2 of chat with Dr Annalyse Crane, we explore challenges involved with practice ownership, including negotiating purchase of the business premises. 

➢being your own landlord

➢painful lesson about property purchasing and contracts- how to avoid paying double stamp duty!

➢why tenant doctor will generate more revenue than allied health

➢creating a culture where doctors want to come work at your practice

➢Annalyse goals: succession planning (many doctors leave it too late!), setting up opportunities for kids

Connect with Annalyse-

(2) Annalyse Crane | LinkedIn

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

In this chat with Dr Annalyse Crane, we explore journey from PE teacher to studying medicine. Work ethic, taking calculated investment risks, juggling work with kids is just a typical day for her! Topics discussed include:

➢first job $5/hr

➢what sparked change from teacher to study medicine

➢buying first property at 21 years old

➢having a spouse who shares same values (including financial)

➢medical intern, whilst raising young kids!

➢special interest in aviation medicine

Connect with Annalyse at:

(2) Annalyse Crane | LinkedIn

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

Today we chat with Scott Yip, banker turned mortage broker. With 15 years experience with lending, he shares how lending has changed over the years.

➢funny story how he accidentally fell into banking career.

➢different between active and passive property investing

➢self-development- property courses

➢property development site for townhouses- issues such as hydraulics, then council rules changed making the development fall flat!"

➢thoughts about "unlimited borrowing power"

➢differences between lending for residential and commercial property

Find out more about Scott at:

Yippee Finance | Mortgage Brokers Near Me | Free 45 min consultation

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

Can you actually lose with property investing in Australia? seems everyone talks about the positives and the big wins, but often downsides are not talked about. In this episode, I'm going to shed some light- so you make an informed decision.

Some disadvantages include:

1.large lumpsum to get started

2.property is illiquid

3.maintenance!

4.bad property managers

5.rising costs (insurance, rates, land tax etc)

6.paperwork!

7.negative cashflow (in most cases)

8. can buy the wrong property

Other episodes:

Buying my first property at 23 years old

How a couple built a 40 property portfolio in Australia

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

How do I as an early 30s GP in Australia, set goals. In this episode, we talk about financial, professional and personal goals. SMART goals.

We talk about 50/30/20 rule for high income earners.

Avoiding lifestyle creep- easier said than done often.

Other things to consider: super contributions, review personal insurances, setting a budget.

Other episodes of interst:

Money Management Part 1 (Budgeting, Buckets, and Credit Card Hacks)

Income protection Explained (chat with advisor Jason Hugo)

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

In this episode, we go behind the scenes with another doctor podcaster- Dev Raga. Long episode, where Dev shares some real gems, taking us behind the scenes- from a particular moment in David Jones as a kid, to medical school, to mastering the 3A's as a surgical trainee, to then GP. He also reveals how much he earns in a year, and also net worth target.

He also shares some insights from his many episodes and also interviewing and chatting with numerous doctors- what are the similarities? Hint: some earn lots and never get started with investing.

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

In this chat with Dr Gihan "Dr G", we explore his backstory in medicine, investing in yourself, as well as what process was like becoming an author of "Do Happy", and now business coach for lifestyle medicine practitioners looking to widen their impact.

We discuss what lifestyle medicine entails for Dr G, and what inspired him to do long consultations with his patients when working part-time as a GP.

Find out more about Dr G at:

Dr Gihan - GP | SPEAKER | MENTOR | PODCASTER

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

Inspiring chat with Johnson, optometrist and buyers agent. At just 27 years old, he has gone from zero to 6 properties in under 3 years!

Inspirational seeing young healthcare professionals achieving great things.

Another large portfolio story:

How a couple built a 40 property portfolio in Australia

find out more about Johnson:

About — Prime Vantage

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube

In this chat with Dr Jason Yu, we discuss money story, journey through junior doctor years, and becoming a GP with special interest in alleriges.

 •choosing a business partner
 •money backstory-humble beginnings, parents working a stall at Haymarket in Sydney
 •inefficiencies in the hospital system
 •own allergies health story

 •being a patient making you a better doctor
 •skin prick testing
 •nasoendoscopy
 •immunotherapy
 •rhinolight, haytox

Find out more-

Meet Dr Jason Yu

Another episode with Dr Jason Yu- how to enter med school:

Buzzsprout

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos

Youtube channel/video podcast: Passive Income Doctor - YouTube