Providers Properties and Performance

In this episode, we talk about…

[2:27] How Trisha landed in healthcare real estate

[4:40] Who are the primary clients when you're working in healthcare real estate, and who is the main point of contact

[6:36] Making a decision regarding an exit strategy

[10:27] Explains how one owns medical facilities and can still practice medicine

[17:14] How to investors go about understanding the value of their medical facility, what are the steps to take and what should they look at

[19:28] Steps to take when wanting to sell their medical office

[21:06] Steps to evaluate when you're going through the purchase of a medical office

[22:46] Case studies of a successful real estate transaction in the healthcare space

Links to resources:

MGMA Insights Podcast

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

Today's episode, I'll go over the first quarter 2022 Arizona Medical Office Report for DOCPROPERTIES. Please visit our website if you'd like to read the documents.

In this episode, we talk about…

[1:31] Grand Canyons state economy approach pre pandemic levelves by the end of the first quarter of 2022

[1:53] Statewide, the unemployment rate rate had dropped to 3.3%

[2:14] The healthcare sector was in high demand

[2:48] Vibrant pace of construction for healthcare facilities as well as medical office buildings by the end of 2020

[4:23] Capital markets kicked off the year with a sizable number of large MOB sales transactions totaling over 158 million in the first month of the quarter alone.

[6:45] Asking rents year after year averaging out to a trend with an increase of 4.4%

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

Today's episode, I am welcomed by Off the Clock Healthcare Entrepreneurs with Carl and Paul, who are both physical therapists encouraging discussions for healthcare entrepreneurs, and I bring the conversation referring to healthcare real estate investing to the table. Besides offering essential information to healthcare professionals, we also cover the significance of representation for those healthcare professionals who are interested in investing in real estate.

In this episode, we talk about…

[3:08] Why I choose the field of healthcare real estate

[8:45] Difference between residential real estate and commercial real estate

[12:00] Strategically placing your business and who are trying to serve

[15:57] Biggest myths or misconceptions of real estate investing as a healthcare professional

[20:08] Walking clients through and understand the process of investing

[24:47] How to fix financial issues when a client is about to close on a deal

[27:26] What was it like when COVID hit in 2020 and how real estate investors did around this time

[31:52] How Trisha grew and what helped her succeed and grow as an entrepreneur three successes she saw in her business

Links to resources:

Off the Clock Podcast

[email protected]

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

Today's episode is part of the healthcare innovation series where I feature a healthcare company or a physician that is making an impact on patient care procedures or outcomes. Our guest today is Dr. Hamid Abbasi, Medical Director of Inspired Spine where he performs minimally invasive spine surgeries. Dr. Abbasi prides himself in being able to help patients that have been told for years that they just had to live with their pain.

In this episode, we talk about…

[2:50] Dr. Abbasi's background and how he got started in the medical field

[6:59] What Dr. Abbasi to start focusing on minimally invasive spine surgery

[11:45] Why minimally invasive surgeries have more successful outcomes than traditional surgeries

[13:30] How Dr. Abbassi started Inspired Spine

[17:36] A peek into Inspired Spine's upcoming expansion plans

[19:00] What is the ​​oblique lateral lumbar interbody fusion procedure and why it's such a successful surgery

[25:06] How physicians can get trained on minimally invasive surgery

[26:14] Dr. Abbasi's minimally invasive thoracic interbody fusion procedure

[27:20] Inspired Spine's Fellowship Program

[28:39] Dr. Abbasi's first job

[29:08] What Dr. Abbasi would be doing for a living if he wasn't a physician

[29:44] What Dr. Abbasi listens to for news, information, or inspiration

[31:22] What Dr. Abassi does for self-care

[32:57] Whether the desire to heal is innate or taught through medical training

Links to resources:

Dr. Hamid Abbassi

Inspired Spine

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

In this episode, we talk about…

[1:34] How I got started in real estate

[2:39] My decision to focus on healthcare real estate

[4:44] The scope of work for Doc Properties

[7:08] Financing retail properties

[11:37] The impact of the COVID-19 pandemic on healthcare real estate

[15:10] Evaluating a building that has medical use from a tenant perspective

[19:57] Financing healthcare real estate

[24:46] Whether or not surgery centers are becoming a saturated market

[27:52] The importance of proximity to hospitals

[29:41] The changing dynamics in healthcare real estate

[33:34] "Double dipping" in physician ownership and private practice

[35:47] When medical use may not be successful in a particular space

Links to resources:

The Rent to Retirement Podcast

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

Today's interview is with Josh Rhodes of Crypto Y'all, discussing the cryptocurrency markets - an emerging financial market for investors to consider - and how it can be leveraged into commercial real estate investing. As this market continues to develop, I thought it was timely to discuss how cryptocurrency and the established commercial and healthcare real estate markets can intersect. After speaking to Josh, we learn how to use assets in cryptocurrency markets with lenders in these markets that offer investment property property loans.

In this episode, we talk about…

[2:16] Josh's background and business

[3:36] The basics of the cryptocurrency market

[6:04] How cryptocurrency fits into property investment portfolios

[8:08] Using cryptocurrency to purchase property for a private practice

[12:00] Staking cryptocurrency and becoming your own lender

[14:33] Getting started in Bitcoin

[18:05] What cryptocurrencies invest in to increase their value

[21:00] How Josh got into cryptocurrency

[23:51] Investing with cryptocurrency

[26:18] Wealth building and taxation

[26:56] Josh's first job

[27:34] What Josh would do for a living if he was not involved with cryptocurrency

[29:08] What Josh listens to for news, information, or inspiration

[30:34] What Josh does for self-care

[30:48] Whether leaders are born or trained

Links to resources:

Josh Rhodes

Crypto Y'All

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

On today's podcast episode I interview Eric Tait, MD/MBA. He is an internal medicine physician that started investing in healthcare properties, in partnerships with his physician friends. Now, he operates an asset management firm that invests in a variety of commercial properties. In this interview, we hear his thoughts on how he approaches evaluating healthcare real estate investments.

In this episode, we talk about…

[2:24] Dr. Tait's background in real estate investment

[3:56] What attracted Dr. Tait to healthcare real estate

[6:43] Developing partnerships with other real estate investors

[7:57] Lessons learned: Going after bigger projects versus smaller projects

[9:34] The decision to start Vernonville Asset Management

[10:53] Real estate management as a practicing physician

[15:07] Understanding healthcare real estate investments as a physician

[20:03] Investing in real estate as a physician in private practice

[22:37] Dr. Tait's first job

[23:17] What Dr. Tait would want to do for a living if he wasn't in healthcare real estate investment

[23:39] What Dr. Tait is reading for news, information, or inspiration

[24:45] What Dr. Tait does for self-care

[25:33] Whether leaders are born or trained

[25:56] Whether the desire to heal is born or trained

Links to resources:

Eric Tait, MD, MBA

Internal Medicine Physician

Vernonville Asset Management

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

Welcome to the 100th episode of this podcast. Today's interview is with Dave Foster, The 1031 Investor. He shares how this investment tool can defer capital gains taxes indefinitely by investing strategically using a step up in basis and designing your exit strategy. He stresses that by using this investment strategy for income property investments, you never have to worry about the capital gains tax rate as you are always deferring your tax liability and creating more jobs as a result.

In this episode, we talk about…

[2:08] 1031 exchanges for investment properties

[3:13] Reverse 1031 exchanges

[5:32] The cost of doing a 1031 exchange

[6:14] 1031 exchange restrictions

[9:33] Exit strategy for real estate investors

[18:18] An example of a reverse conversion

[19:25] Moving from commercial real estate to rental properties

[21:07] Capital gains tax rates

[24:47] Dave's first job

[25:34] What Dave would be doing if he wasn't working in the 1031 industry

[26:19] What Dave reads for news, information, or inspiration

[27:03] What Dave does for self-care

[28:36] Whether leaders are born or trained

Links to resources:

Dave Foster

The 1031 Investor

www.the1031investor.com

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

Trisha's guest this week is Jaime Northam, Vice President of Healthcare Development at Ryan Companies. Jaime shares how she is seeing healthcare systems designed with the future and adaptability in mind, with regard to their spaces. She discusses trends she is seeing in healthcare development, to include focusing on the continuum of care, centers of excellence, integrating telehealth, and an increase in concentration of behavioral health.

In this episode, we talk about…

[2:16] Jaime's background in commercial real estate

[4:26] What attracted Jaime to focus on healthcare real estate

[8:01] The transition from a publicly traded REIT to a developer

[9:55] Strategy for the next 3-5 years at Ryan Companies

[15:39] Healthcare real estate renovation and expansion

[18:43] The impact of the COVID-19 pandemic on healthcare development

[24:59] Jaime's first job

[25:56] What Jaime would be doing for a living if she did not work in healthcare real estate

[26:36] What Jaime is reading and listening to for news, information, and inspiration

[28:22] What Jaime does for self-care

[29:18] Whether leaders are born or trained

Links to resources:

Jaime Northam

Vice President of Healthcare Development

Ryan Companies US, Inc.

https://www.ryancompanies.com/

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]

Trisha's guest this week is David Denniston, CFA with Centurion Financial Strategies. David's wealth management firm advises a lot of physicians, and many happen to be in the first 20 years of their career. My takeaway from this interview is that real estate, especially healthcare real estate with its long-term leases and tenants who are not able to work remotely, is an investment to consider.

In this episode, we talk about…

[2:29] David's professional path to investment management and helping physicians build wealth

[5:26] Focusing on physicians in the first 20 years of their careers

[7:12] What David is advising his clients to invest in during this uncertain financial climate

[12:52] Whether physicians coming out of residency and fellowship should purchase a personal residence

[16:08] When to move into private practice as a physician

[17:48] When to purchase a property for private practice rather than renting

[19:27] Working with a team to make investment decisions

[21:05] David's outlook on the 1031 exchange

[24:29] David's first job

[25:17] What David would be doing for a living if he wasn't in wealth management

[31:46] What David is reading for news, information, or inspiration

[33:06] What David does for self-care

[33:37] Whether leaders are born or trained

Links to resources:

David Denniston, CFA

Centurion Financial Strategies, LLC

Podcast: The Freedom Formula for Physicians

Subscribe, rate and review: www.providerspropertiesandperformance.com

Schedule a healthcare real estate investment strategy consultation: https://docproperties.com/free-consultation-trisha-talbot/

About Trisha:

WEBSITE: www.docproperties.com

LINKED IN: https://www.linkedin.com/in/trishatalbot/

Email inquiries to: [email protected]