In this episode of Paging Financial Freedom, Dr. Daniel Shin, a surgeon and real estate investor, and Lila Kaplan, a former Wall Street professional and certified financial planner, discuss various ways to invest in real estate and how these strategies can lead to financial freedom. They dive into the nuances of real estate investing, focusing on traditional buy and hold, house flipping, short-term rentals, and land investing. The conversation also covers passive investment strategies like real estate syndications and REITs.

Key Takeaways:

• 00:00 – Introduction to the podcast and the various ways doctors can invest in real estate.
• 01:11 – Traditional buy and hold strategy: pros, cons, and the challenges of property management.
• 06:20 – Lila’s experience with house flipping and its risks.
• 11:17 – Short-term rentals: benefits and challenges, especially in an unstable economy.
• 16:24 – Land investing: Lila and Dr. Shin discuss the pros and cons of land ownership.
• 21:12 – Passive investment strategies: syndications and REITs, and the benefits of pooling resources for larger deals.

Links Mentioned in the Episode:

• Paging Financial Freedom Podcast on Spotify
• Paging Financial Freedom Podcast on Apple Podcasts
• Learn more about Dr. Daniel Shin’s Real Estate Fund: CereusRealEstate.com
• Learn more about Lila Kaplan’s Real Estate Investment Management Company

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