Physicians and Properties

How did Dr. Eric Tait combine his medical career with real estate investing? Discover the secrets to his financial success and learn how you can follow in his footsteps!

In this episode you will explore:

• Balancing asset classes for optimal returns: Why diversification is key.
• Choosing the right partners: Evaluating track records and integrity
• Unveiling Dr. Tait's favourite real estate deals: From multifamily properties to light industrial projects
• From coffee farms to condos: Exploring unique investment opportunities.

About Dr.Eric Tait

Dr.Eric Tait is a board-certified physician and Investment Fund Manager at Vernonville Asset Management (VAM) LLC. VAM is a private investment firm specializing in alternative assets, with over $280 million in assets internationally and domestically. Eric is also the Founder and Managing Partner of Urban Capital Network, partnering with top-tier Venture Capital firms. He holds an M.D./MBA from Rice University and Baylor College of Medicine. Eric's interests span healthcare, finance, and community engagement, and he is actively involved in organizations like The Morehouse College Alumni Association. He enjoys reading, entertaining, and spending time with his wife and two daughters.

Connect with Dr.Eric Tait here: 

Website: www.vernonville.com

Email: [email protected]

The Physicians Road: https://thephysiciansroad.com/

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community: https://www.facebook.com/groups/physiciansandproperties

Website: https://physiciansandproperties.com/

Instagram: @physiciansandproperties 

Youtube: https://youtube.com/@physiciansandproperties

Connect with Dr. Alex Schloe here: 

Linkedin: https://www.linkedin.com/in/alexander-schloe-md/

Instagram: @aschloe3

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

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Welcome to another episode of the Physicians and Properties Podcast! Today, we're doing things a bit differently. It's just you and me for this one, as we explore some things that I have been thinking about lately. Intermittently, I am going to be sharing with you some smaller, more bite-sized episodes which will be hopefully helpful for you on your journey to financial freedom.   

In this episode, you will learn: 

Why skipping a latte won’t lead to financial freedom:

Do not get me wrong. Saving is very important. But, not ever spending money on something you enjoy will not lead you to financial freedom or happiness. Have you ever wondered how many lattes it would take to save up a down payment on an investment property? 

The median home price in America is $436,800, and let's say you need $95,000 for a down payment. If you opted to skip your daily latte (costing $4.65), it would take an astonishing 20,430 lattes to reach your goal. Cutting out lattes alone won't lead you to financial freedom. But, perhaps taking on a few extra shifts or a higher-paying job will get you there much faster. 

Delaying Lifestyle Creep:

For new attending physicians, resisting lifestyle inflation is key.  Live like a resident as long as possible and delay the urge to splurge on big-ticket items early in your career. Skip the liabilities like the fancy car, the enormous house, or the nice suits. Use the savings to buy assets, not liabilities.   

The 10-Year Rule:

The 10-Year Rule is something I heard recently and it changed my life. Now, I know we talked about saving earlier and delaying lifestyle creep but I want to talk about spending for a minute. Consider the 10-Year Rule (shout out to Brian Luebben of the Action Academy Podcast) when considering spending a lot of money on a purchase or a trip. 

It is simple: 
1. Can you afford it? 
2. Are you going to be telling stories about the purchase 10 years later? 
If the answer is yes to both, then buy it.  

The latest purchase that we applied the 10-year rule to was a camper trailer. We bought a used camper trailer and fixed it up over the winter and let me tell you, the memories we have already made in it we will be talking about until we die. 

Let me know what you think about this format of episode and if you gained anything from it please share it with a friend or someone else who will gain value from it. 

About Dr. Alex Schloe 

Dr. Alex Schloe is a husband,  father, and family medicine physician in the United States Air Force. His second passion is investing in real estate. As a real estate investor, he has owned 3 successful short-term rentals. He currently holds a unique geodesic dome short-term rental in the mountains and a long-term rental in Florida. Interestingly, he also house hacks a basement apartment at his primary residence in Colorado allowing him to live almost mortgage-free! He now focuses on building a portfolio of residential assisted living homes and has purchased 3  homes with more on the horizon. This will ultimately allow him to leverage real estate investing to practice medicine how he wants. He is passionate about teaching physicians about how real estate investing and entrepreneurship can lead to freedom which led him to create  Physician and Properties. When he is not practicing medicine, investing in real estate, or hanging out with his family you can find him in the mountains. 

Connect with Dr. Alex Schloe here: 

Linkedin:

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

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What if I told you there's a practical path for physicians to free themselves from the weight of debt and open the door to financial independence? Envision a future where a comfortable income is just the beginning, and additional income sources and savvy investments lead to a genuinely satisfying and stable life. Tune in as we delve into the inspiring story of Dr. Jeff Anzalone, a periodontist who achieved a debt-free status, and uncover the strategies behind his outstanding achievements. Are you prepared to journey into a realm where financial know-how guides your way, and passive income becomes your key to financial freedom? Let's embark on this transformative journey together.

In this episode, you will explore:

• Learning about managing a practice and generating passive income through real estate investments
• Shifting focus from sole income to exploring alternative income streams and investments
• Dr. Anzalone's personal experience with investing in syndications and its positive impact on his life
• The concept of a 1031 exchange and its role in deferring taxes when reinvesting in real estate
• Finding reputable syndicators in real estate investments and seeking recommendations from trusted sources
• The current state of the commercial real estate market, particularly challenges in the multi-family sector
• Adapting to changing market conditions and identifying value-added opportunities.

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About Dr. Jeff Anzalone

Dr. Jeff Anzalone is a full-time practicing periodontist in the great state of Louisiana, author, and founder of DebtFreeDr.com. His focus is on helping doctors and other high-income professionals create passive income from real estate so that they can STOP trading their time for money.

Connect with Dr. Jeff Anzalone here:

Website: https://www.debtfreedr.com/

Get your Freebie: https://www.debtfreedr.com/doctors-passive-income-guide/

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community: https://www.facebook.com/groups/physiciansandproperties

Website: https://physiciansandproperties.com/

Instagram: @physiciansandproperties 

YouTube: https://youtube.com/@physiciansandproperties

Connect with Dr. Alex Schloe here: 

LinkedIn: https://www.linkedin.com/in/alexander-schloe-md/

Instagram: @aschloe3

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community
Website
Instagram
Youtube
Invest With Me
Join The RAL Room Assisted Living Mastermind

Join us for episode 4 of Physicians and Properties, the podcast that empowers doctors to attain financial freedom through real estate investing. Discover the incredible journey of Dr. Jordan Frey, a humble plastic surgeon in New York and mentor to many. He discusses how he battled lifestyle creep, paid off student debt, built a thriving real estate portfolio of 16 units generating $10,000 monthly cash flow, and started The Prudent Plastic Surgeon. Get ready to learn how to take control of your financial well-being from one of the best.

Dr. Jordan Frey is a plastic surgeon at Erie County Medical Centre and the University of Buffalo and founder of The Prudent Plastic Surgeon blog.

In this episode, you will explore:

• Dr. Freys' inspiring journey through medicine toward financial freedom.
• Strategies for developing a financial plan.
• The origin and success of The Prudent Plastic Surgeon blog and its impact on many.
• Unveiling his real estate journey: from one duplex to 16 cash-flowing units providing $10,000 per month.

Tune in to this incredible episode as Dr. Frey shares his remarkable story and offers valuable advice for physicians seeking to improve their financial well-being.

About Dr. Jordan Frey

Jordan Frey MD is a plastic surgeon in Buffalo NY at Erie County Medical Center and the University of Buffalo. His clinical focus is on breast reconstruction and complex microsurgery. He is also the founder of The Prudent Plastic Surgeon, one of the fastest-growing finance blogs. There, he shares his journey to financial well-being with the goal of helping all physicians reach financial freedom, practicing on their own terms.

Connect with Dr. Jordan Frey here:

Website: www.prudentplasticsurgeon.com

Facebook: https://www.facebook.com/groups/prudentplasticsurgeon/

Instagram: @jordanfreymd

Book: Money Matters in Medicine by Dr. Jordan Frey  

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community: https://www.facebook.com/groups/physiciansandproperties

Website: https://physiciansandproperties.com/

Instagram: @physiciansandproperties 

Youtube: https://youtube.com/@physiciansandproperties

Connect with Dr. Alex Schloe here: 

Linkedin: https://www.linkedin.com/in/alexander-schloe-md/

Instagram: @aschloe3

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community
Website
Instagram
Youtube
Invest With Me
Join The RAL Room Assisted Living Mastermind

Ready to achieve financial security and freedom through commercial real estate investing? Join Dr. Raj Venkatramani a world-renowned pediatric cancer researcher, oncologist, real estate entrepreneur, Investor, founder, and manager of REIDOC Capital, as he unveils the secrets to accelerate your real estate investing journey. Discover Raj's transformative journey as he has acquired over 1700 doors as a general and limited partner and join us in what became a masterclass in syndication and commercial multifamily investing 

In this episode, you'll explore:

• Raj's personal journey into real estate investing for financial security and freedom.
• Advantages of commercial multifamily real estate, economies of scale, how to buy and invest right, and hiring property managers. 
• Introduction to real estate syndication, pooling resources to purchase large apartment complexes. Also, learn what is the most important part of any deal
• Raj's experience starting with a seven-unit property and valuable lessons learned.
• Importance of due diligence, obtaining multiple bids from contractors, and how this saved Raj and Alex thousands.

Listen to this episode today to unlock the power of syndication and commercial real estate investing in your quest for financial freedom! 

About Dr. Raj Venkatramani 

Dr. Rajkumar Venkatramani (“Raj”) is a world-renowned pediatric cancer researcher, oncologist, real estate investor, entrepreneur, founder, and manager of REIDOC Capital LLC. Raj went to medical school in India and trained in London, Illinois, and California. Raj has a masters degree from University of Southern California and an MBA from University of Massachusetts. Raj owns and manages several rental properties in Houston and has invested in multifamily syndications for more than 5 years. He is currently a general partner or limited partner in more than 10 properties totaling more than 1700 doors.

Connect with Dr. Raj Venkatramani here: 

Website: www.reidoccapital.com

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

REIDOC Facebook Group: https://www.facebook.com/groups/reidoc

Free E-Book on Passive Investing: https://reidoccapital.com/e-book/

Join Doctor Syndication School: https://dss.reidoccapital.com/

Join REIDOC investing club: https://reidoccapital.com/join-us/

Get a Free Passive Investing Checklist: www.passiveinvestingchecklist.com

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community: https://www.facebook.com/groups/physiciansandproperties

Website: https://physiciansandproperties.com/

Instagram: @physiciansandproperties 

Youtube: https://youtube.com/@physiciansandproperties

Connect with Dr. Alex Schloe here: 

Linkedin: https://www.linkedin.com/in/alexander-schloe-md/

Instagram: @aschloe3

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community
Website
Instagram
Youtube
Invest With Me
Join The RAL Room Assisted Living Mastermind

Welcome to the first episode of the Physicians and Properties podcast! Get ready for an awe-inspiring conversation with the Rich Doctor himself, a role model of mine, Dr. Tom Burns.

• In this episode, you will:
  • Learn how a car wash changed Dr. Tom Burns’s life leading to him purchasing one of the first copies of Rich Dad Poor Dad. This led to an incredible friendship with Robert Kiyosaki and massive success.   
  • Discover how a cash-flowing condo led to a  $700 million real estate empire.
  • Explore how investing in real estate allowed Dr. Burns to become a “Rich Doctor.” which ultimately allowed him to be a better physician, husband, parent, and to travel the world.  
  • Get insights into the concept of "active patience" and its significance in wealth creation.

About Dr. Tom Burns

Tom Burns is an entrepreneur, retired orthopedic surgeon, and a physician for the United States Ski Team. He has over 25 years of real estate experience and has acquired or developed over $700 million of real estate locally and internationally. He is the co-founder and principal of Presario Ventures, a private real estate company focused on apartment development and private equity in Texas and the Sunbelt.

Dr. Burns is the author of Why Doctors Don’t Get Rich, a best-selling personal finance book for those who want to live life to the fullest. He is a sought-after speaker and mentor and has been financially independent for over a decade. He is the founder of the Rich Life Mastermind, created to help people create financial independence so they can control their future and travel to exotic places with him!

Connect with Dr. Tom Burns here: 

Linkedin:https://www.linkedin.com/in/tom-burns-9744304/.

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

Website: https://richdoctor.com/

Book: Why Doctors Don’t Get Rich by Dr. Tom Burns 

Book: Rich Dad Poor Dad by Robert Kiyosaki 

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community: https://www.facebook.com/groups/physiciansandproperties

Website: https://physiciansandproperties.com/

Instagram: @physiciansandproperties 

Youtube: https://youtube.com/@physiciansandproperties

Connect with Dr. Alex Schloe here: 

Linkedin: https://www.linkedin.com/in/alexander-schloe-md/

Instagram: @aschloe3

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community
Website
Instagram
Youtube
Invest With Me
Join The RAL Room Assisted Living Mastermind

Welcome to another episode of the Physicians and Properties Podcast! In this solo episode get to know me, your host Dr. Alex Schloe. If you are not already subscribed to our Youtube channel you will want to watch this episode on there as there is also a presentation accompanying this podcast with not nearly enough photos of my son Jack. Let's get started! 

• In this episode, you will:
  • Learn how my real estate investment journey could have gotten started way earlier if I just listened to my Dad!
  • See how I bought a home for $58 dollars out using a physician's mortgage loan and turned that into a cash-flowing rental netting $800 a month in cash flow. 
  • Gain insight into our short-term rental journey including pitfalls and hard lessons learned as well as what to look for in a successful short-term rental investment 
  • See why we have pivoted to investing in assisted living homes and how they make fantastic investments and have excellent future investment potential. 
  • Learn why I love cash flow! 
  • Explore why I think everyone should House-Hack. It allows us to live almost mortgage free in Colorado and is a fantastic way to get started investing in real estate.   

About Dr. Alex Schloe 

Dr. Alex Schloe is a husband,  father, and family medicine physician in the United States Air Force. His second passion is investing in real estate. As a real estate investor, he has owned 3 successful short-term rentals. He currently holds a unique geodesic dome short-term rental in the mountains and a long-term rental in Florida. Interestingly, he also house hacks a basement apartment at his primary residence in Colorado allowing him to live almost mortgage free! He now focuses on building a portfolio of residential assisted living homes and has purchased 3  homes. This will ultimately allow him to leverage real estate investing to practice medicine how he wants which is something he is passionate about leading to the creation of  Physician and Properties. When he is not practicing medicine, investing in real estate, or hanging out with his family you can find him in the mountains. 

Connect with Dr. Alex Schloe here: 

Linkedin: https://www.linkedin.com/in/alexander-schloe-md/

Instagram: @aschloe3

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community: https://www.facebook.com/groups/physiciansandproperties

Website: https://physiciansandproperties.com/

Instagram: @physiciansandproperties 

Youtube: https://youtube.com/@physiciansandproperties

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community
Website
Instagram
Youtube
Invest With Me
Join The RAL Room Assisted Living Mastermind

Have you ever experienced burnout and wish for more freedom? Welcome to the Physicians and Properties Podcast, where we teach you how to be happy and free in the hospital and at home. I'm your host, Dr. Alex Schloe. Each week, we will bring you expert interviews and life changing insights from other incredibly successful physicians, healthcare workers, and real estate investors who have realized that investing in real estate can provide you the freedom to practice medicine and live life how you want.

Listen in as we explore different real estate investment strategies, learn how to balance real estate investing and practicing medicine, and discover the secrets that others have used to achieve financial freedom. Whether you're a seasoned real estate investor or just starting out, heck, even if you're not a physician, I promise that you will learn something to help you become more successful, happy, and free.

The time for you to practice medicine and live life how you want starts now. Remember to hit that subscribe button and share the physicians and properties podcast with your colleagues. Let's embark on this journey to freedom together.

If you want to learn how investing in real estate can give you the freedom to practice medicine and live life how you want then check out the links below:

Facebook Community
Website
Instagram
Youtube
Invest With Me
Join The RAL Room Assisted Living Mastermind