Providers Properties and Performance

Today's podcast episode is my interview on the Wealth Planning for the Modern Physician podcast with David Mandell of the OJM Group. We dive into healthcare real estate assets for physician owners interested in properties for their practice as a financial planning and wealth management tool. 

In this episode, we talk about:

[3:10] What it means to be a Certified Commercial Investment Member

[5:04] What it means to be hold a Masters of Corporate Real Estate 

[7:40] How Trisha got started in real estate

[12:02] What motivated Trisha to launch DOCPROPERTIES

[12:48] Factors to consider when scoping out a building for your medical facility 

[18:43] What a healthcare real estate advisor is and how its beneficial to doctors 

[21:46] How Trisha can support doctors with their purchases on a national level 

[23:25] The process behind selling a medical practice building 

[24:46] What to do first when building or purchasing your own medical real estate 

[29:06] How to position a medical office for valuation

[31:13] When you should consider selling your medical building 

[36:58] Trisha’s best advice for doctors regarding real estate within their practice 

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOCPROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

Have you ever wondered how your investment strategies can make a social impact? Today's podcast episode is my interview on the Money with Mission podcast with Dr. Felicia Froe. Not only do we discuss goals of physician ownership of healthcare properties, considerations for owning and operating a property, and exit strategies, but also how you can help to build up underserviced communities.

Money with Mission is a social impact focused investment show that prioritizes neighborhood transformations and profit generation for mission-minded investors.

In this episode, we talk about:

[01:46] My journey to real estate

[04:05] How your investments and processes should be influenced by your lifestyle

[09:05] How DOCPROPERTIES can help you make informed investments

[11:29] Ways to get maximum value for your building

[15:07] Tips for transitioning from renting to ownership

{17:46] My specialties, who we work with, and what is happening in the market right now

[23:04] MIssion-driven real estate investing

[25:18] How to stay connected and up to date on the market

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOCPROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

Do you have aspirations of owning multiple practices? On today’s podcast episode, I interview Sonny Spera, a dentist who has grown his practice into five locations. Sonny shares his experiences from his first practice purchase to building a property from the ground up. Listen in and take notes as he talks about lessons learned throughout his process and tips for other clinicians to consider when becoming a practice owner.

In this episode, we talk about:

[01:53] Sonny’s background and path to dentistry

[04:02] His experience of building up to 5 practices

[20:54] Sonny’s advice for physicians starting out in real estate

[23:30] What to take into consideration when scouting locations

[28:15] Sonny’s first job 

[29:43] What Sonny would be doing if he hadn’t chosen dentistry

[30:19] What Sonny is currently reading or listening to for news, information, or inspiration 

[31:56] What Sonny does for healthy self-care

[32:29] Sonny’s thoughts on whether the desire to heal is born or trained

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOCPROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

On this week’s episode, we’re highlighting my interview on the  DocPreneur Leadership Podcast. Join us as we discuss the business of healthcare, real estate ownership, and best practices according to your patient demographics and investment goals.

The DocPreneur Leadership Podcast covers healthcare insights, news, physician education, and economic analysis about a wide variety of topics in healthcare. It was an honor to be on their show and I can’t wait to share it with you!

In this episode, we talk about:

[2:33] My path to working with physicians

[6:17] Owning a medical facility while still practicing medicine

[10:00] How to select a real estate broker

[12:31] Trends and challenges in healthcare and real estate

[20:52] Why visibility is key for your practice

[25:31] How to understand the value of your medical facility

[27:52] When and how to sell your medical practice

[29:43] The process of purchasing a medical office

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOCPROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

Have you ever considered owning your own property or put thought into how to create the most beneficial exit and succession strategies? I invited Mike McCaslin, CPA and partner at Somerset CPAs and Advisors, on the podcast this week and we had a fascinating conversation that I can’t wait for you to hear.

Mike advises healthcare practices on how to handle real estate assets in succession planning and recruitment, creating financial models using healthcare and real estate economics to determine values and exit strategies. Mike shares a wealth of information on this episode, so don’t be afraid to listen a couple of times to take it all in.

In this episode, we talk about:

[2:39] Michael’s career path into advisory services for healthcare, physicians, and real estate

[8:24] The formulas and compromises that have become lifesavers for practices

[12:35] How Michael and his team choose the winning model for each practice

[14:40] Examples of how Somerset CPAs and Advisors help their clients

[20:50] Michael’s thoughts on the safest real estate investment in the world

[23:31] Our recommendations to get started in real estate ownership

[28:13] Deciding when to exit

[29:35] Michael’s first job 

[32:09] What Michael is currently reading or listening to for news, information, or inspiration 

[33:16] What Michael does for healthy self-care

[34:30] Michael’s thoughts on whether leaders are born or trained

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOC PROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

If the world of medicine has ever felt a bit fragmented to you, or if your patients have ever grown tired of repeating themselves to different doctors - there’s another way. On today’s podcast, I invited Dr. Jonathan Baktari, founder and CEO of e7Health and U.S. Drug Testing Centers, to discuss how he and his team have been striving to make the navigation of the medical world easier for patients and doctors alike.

e7Health offers a software solution for many drug testing labs throughout the United States while the U.S. Drug Testing Centers offer adult vaccine solutions.

We discuss how his company was already prepared for adult vaccinations to address the COVID 19 pandemic, and how digital health and implementing technology such as AI is the future of healthcare.

In this episode, we talk about:

[02:50] Jonathan’s path from internal and pulmonary medicine to vaccines, drug testing, and technology

[04:32] What e7Health provides

[07:31] The ease of working with e7Health

[10:52] Why Jonathan chose real estate near hospitals

[13:08] How Jonathan’s team was prepared for Covid 19

[16:41] How Covid 19 has prepared us for the next pandemic

[19:34] Why digital health is the future of healthcare and what’s holding it back

[27:48] Using AI and drug testing software

[32:10] Jonathan’s first job 

[32:58] What Jonathan would be doing if he wasn’t in healthcare

[34:06] What Jonathan is currently reading or listening to for news, information, or inspiration 

[35:16] What Jonathan does for healthy self-care

[36:23] Whether the desire to heal is born or trained

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOC PROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

On today’s episode of the Providers, Properties, and Performance podcast, I wanted to give you a more detailed glimpse into specific strategies and examples for physician owned properties. I invited CPA Thomas Castelli to discuss this topic, and we dive into tax strategies for real estate ownership, helping you understand your options for your property ownership hold period. Listen in as we discuss appreciation, depreciation, and using leverage as a tax strategy.

In this episode, we discuss:

[02:29] Thomas’s background and path to real estate tax strategies

[05:55] How to understand the difference between passive and nonpassive activities

[07:01] The benefits of owning a building

[09:54} A closer look at depreciation

[13:02] Strategies for using leverage as a tax strategy

[14:49] Tax deductible interest

[17:10] Ways to reduce tax liability

[23:48] The importance of having an attorney

[24:55] Thomas’s first job 

[25:13] What Thomas would be doing for a living if he wasn’t a CPA

[25:31] What Thomas is currently reading or listening to for news, information, or inspiration 

[26:09] What Thomas does for healthy self-care

 [26:35] Thomas’s thoughts on whether leaders are born or trained

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOCPROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

You will often hear me talk about the importance of having the latest market data when making investment decisions. To support you in this endeavor, today I will be narrating the DOCPROPERTIES’ Q2 Market Report for the Arizona Medical Office. This report will give you exactly what you need to identify opportunities for the greatest return and investment. Join me today as I review breakdowns on the impact of the pandemic, market sales activity, leasing activity, investor interest in health care properties, and much more. Download your own copy of the Q2 report here.

In this episode, I cover Q2:

[1:12] State inflation and unemployment

[1:41] Indicators of robust growth

[3:52] Sales activity

[4:55] Cap rates

[5:07] Quarter headline news

[6:03] Asking rents

[7:11] Vacancy

[8:33] Net absorption

Thank you for listening to our Q2 Arizona Medical Office report. Remember to download your free copy here.

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOC PROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

Private banking is a fascinating topic that can be a very practical tool for today’s physician investors. I invited Seth Hicks of Private Banking Strategies on the podcast to uncover the benefits of private banking for physicians. 

Seth is an attorney, private banker, and asset protection expert who helps high net worth individuals become their own bank and set themselves up for successful generational wealth building. Join us as we discuss how private banking can help you protect your assets, keep what you make, and enjoy better tax advantages.

In this episode, we talk about:

[2:18] Seth’s 3 decades of experience protecting assets

[3:24] The core benefits and value of private banking

[4:41] How to create a bulletproof vault and keep what you make

[9:33] Why good insurance coverage isn’t enough

[11:06] How to borrow money from a life insurance policy

[12:22] Tax differences between using your 401k and a life insurance policy

[13:20] A transaction walkthrough

[16:21] Tax-free growth

[18:51] The calculations behind maximum whole life insurance availability

[20:12] Seth’s first job 

[20:35] What Seth would be doing if he wasn’t a private banker, asset protection expert, or an attorney

[21:14] What Seth is currently reading or listening to for news, information, or inspiration 

[24:12] What Seth does for healthy self-care

 [24:34] Seth’s thoughts on whether leaders are born or trained

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOC PROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries

Physician-owned real estate can be an incredible tool. If used correctly, you can create exactly the type of freedom you’re searching for: financial, geographical, time, and more. As a living testament to what can happen when you put real estate to work for you, I invited Dr. Param Baladandapani to join me in today’s episode. Dr. Bala is a radiologist, full time mom, real estate investor and mentor to professionals seeking freedom through real estate investing. Listen in as we discuss her personal journey from medical professional to real estate investor, how to utilize the full power of physician-owned real estate, and what to do if your investments are losing the numbers game.

In this episode, we talk about:

[3:08] Why Dr. Bala pivoted in her medical career to become a real estate investor

[5:30] Dr. Bala’s take on physician burnout and financial freedom

[7:24] The who, what, and why involved with Dr. Bala’s consulting practice

[8:35] The power of owning real estate as a physician 

[14:09] Why outsourcing is a critical piece of owning real estate

[15:34] What to do when your investment “isn’t working out”

[16:34] The pros and cons of becoming emotionally attached to tenants

[17:21] A broad overview of Dr. Bala’s real estate systems

[19:18] How the “who, not how” approach can reduce overwhelm

[20:30] Dr. Bala’s message to her younger self

[22:16] Dr. Bala’s first job 

[22:33] What Dr. Bala would be doing if she wasn’t a physician or entrepreneur 

[23:18] What Dr. Bala is currently reading or listening to for news, information, or inspiration 

[24:00] What Dr. Bala does for healthy self care

 [24:49] Whether the desire to heal is born or trained

[26:00] Whether leaders are born or trained

We have an announcement! Our Q2 report has been released. We often talk about the importance of having the latest market data when making investment decisions. Each quarter, DOC PROPERTIES publishes a market report that gives you exactly what you need to identify opportunities for the greatest return and investment. You can download your free copy here.

Thank you for tuning into the Providers, Properties, & Performance podcast!

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Did you enjoy this episode? Click here to subscribe, rate and review.

Click here to schedule a healthcare real estate investment strategy consultation.

Connect with Trisha:

DOC PROPERTIES | WEBSITE

Trisha Talbot |LINKEDIN

[email protected] | Email inquiries