Passive Income Doctor

Personal insurances often something put in the 'too hard' basket, but to kick of the new year- good time to reflect and review. In this episode with Bluerock insurance advisor Jason Hugo, we explore:

 • when should you consider getting insurance (tip: easier to get when younger/healthier)
 •differences with income protection, TPD, trauma insurances
 • level vs stepped premiums, breakeven points
 •insurance changes since October 2021
 •agreed value vs indemnity value
 •cancer diagnoses being common event for claims
 •case studies
 •is there such a thing as over-insurance?

Other resources/links:
Entrepreneurial Professional Services Firm | BlueRock
Doctors and SMSF (chat with Bluerock advisor Nadine)

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 in-depth interview with Dr Tom, founder of a telehealth and locum job portal.
His medicine and entrepreneurial journey has been full of ups and downs.
 •big life decision to move from NZ to Australia, to pursue dream of medical school
 •shock when entering junior doctor workforce
 •locum opportunities
 •active trading: shorting the share market, and making 50X returns
 •personal portfolio
 •businesses (hint: pivoting leads to success)- ranging from sneakers, to arancini balls, to a mobile app that delivered CBT therapy for pre and post-operative pain.
 •startup hitting 1 million in revenue in 6 months



Other chats with doctors turned entrepreneurs:
Dr Kristal Lau (becoming an Author and Entrepreneur)
Interview with Anu (Locum Doctor 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

In part 2 of my chat with Dr JL:
•personal philosophy on property investing.
 •cashflow vs capital gains.
 •Perth market.
 •exit plan for property?
 •Dr JL passive income funding his travel!

 •Dr JL first hand experience with MLM

Take home tips:
Paying yourself first.
Taking action.

Other resources/links
Buying my first property at 23 years old

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

Dr JL, GP shares his career journey, and investing journey.
 •BPT background to currently working General Practice
 •humble beginnings to now passive income
 •Rich Dad Poor Dad, Barefoot investor, How to Create an income for life (Margaret Lomas)
 •property portfolio 2.5M
 •property spruiker story (what red flags to look out for)
 •first investment property bought for $330k in Adelaide
 •managed funds and index funds, and shares (in lead up to GFC)
 •owner occupied property
 •mining share (Lynas rollercoaster)
 •latest Perth purchases (rent return from $330 to $570/wk)
 
(Dr Dan): In other news: I've been receiving few property related questions lately, keep sending them in and I will do a Q+A session.

Other resources/links:
How doctors can get into the property market (and avoid scams, part2 Dr JL)
Buying my first property at 23 years old

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

Hot topic is SMSF (Self Managed Super Fund)

Disclaimer- as always, speak to your own licensed advisor.

Other resources/links:
Entrepreneurial Professional Services Firm | BlueRock
Personal Finances for Doctors
Property Investing for Doctors

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

Part 2 in chat with Dr Kristal Lau. having lived and worked in many countries, she shares her experiences and perspectives on healthcare and business differences.
Also she shares how she is dominating her niche area and growing a community.
 
Some topics covered include:
•differences between US and Australian healthcare system
•her experience living in Germany and France,
•setting up consulting business- and solving a gap in the market regarding postpartum wellness.
•mindset on frugality, investing
•having the 'money talk' with your partner
•aging population and is relying on the government pensions for retirement wise?
•transferable skills from medicine to business
•tips for female doctors

Resources/links:
US Healthcare System Explained (youtube.com)
NHS to Australia, turning $500 into $500,000 (Dr Suresh, Meatmedic)

Website: www.bridgesinhealth.com
LinkedIn: www.linkedin.com/in/klyql
YouTube: www.youtube.com/@drkristallau

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 interview Dr Kristal Lau- journey from medicine to entrepreneurship and postpartum wellness consulting.

•medical school, BPT
•geriatrics specialty, and a sad story about palliative care
•life changes, military spouse, Masters of Public Health
•psychology of money- drop in come as stay at home spouse
•becoming an author
•USMLE

Find out more about Kristal:
Website: www.bridgesinhealth.com
LinkedIn: www.linkedin.com/in/klyql
YouTube: www.youtube.com/@drkristallau

Other links:
Growing a consulting business (Dr Kristal Lau, part 2)

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

Another insightful episode with property investor and BA Richard Bharata.
We cover age old debate "capital growth vs cashflow"
 •Richard's recent purchase Melbourne, how yield compares to regional QLD
 •resi vs commercial
 •some cashflow strategies- granny flat, duplex, unit blocks, NDIS, rooming homes
 We talk about some common sayings "Cashflow keeps you in the game but capital growth gets you out of the rat race"

If you are a doctor and keen to chat about property- email [email protected] or reach out to me on socials.

If you wish connect with Richard and find out about how he can help:
iProperty Finder – Australia Wide Buyers Agent
[email protected]

Other resources/links:
Richard Bharata (Perth boom, and 2024 predictions)

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 Part 2 of chat with Dr Anna Pham, we discuss
•resi vs commercial property cashflow numbers
•thoughts on buyers agents
•building a community of doctors to take interest in investing (LifeCycle Projects)
•teaching children importance of finances
•investing in 10 year cycles

Connect with Dr Anna Pham-
Anna Pham | LinkedIn
Other resources/links:
Profiting from Market Cycles

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

We have a special guest- Dr Anna Pham- GP, entrepreneur, property investor.

In Part 1 of this interview, we discuss:
•medical school, and choice of specialty
•how lending has changed over last 2 decades
•Anna's impressive property portfolio
•philosphy on Principal and Interest repayments
•mindset, investing as a single mum
•commercial property
•acting on opportunities when others can't get finance

Connect with Dr Anna Pham-
Anna Pham | LinkedIn
Other episodes:
Investing in 10 year cycles (Dr Anna Pham Part 2)

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