...Could cause the greatest missed opportunity for growing passive income.
Busy medical professionals can still have time to buy and manage a real estate investment—armed with the right information.
Owning an investment property is no different from managing any other choose manageable tasks and hire out the rest. The Doctors Guide to Real Estate Investing for Busy Professionals guides a medical professional through the process of overseeing a property management company and how to manage dozens of units in less than 15 hours a month.
In the fourth book of The Doctors Guide series, Dr. Cory S. Fawcett reveals how he managed five apartment complexes as a full-time surgeon—and what he learned along the “This is the book I wish I had before I started investing in rental properties. Everything a new investor needs to know is in this book.”— Dan Lane , Rental Income Podcast
“A book written with surgical precision on how to succeed in residential real estate investing.”— J. Brant Darby , DDS
Dr. Cory S. Fawcett is a consultant, speaker, award-winning author, entrepreneur, and re-purposed general surgeon. He has been involved in more than two-dozen business and real estate ventures. His passion for teaching personal finance and helping doctor's lead happy and debt-free lives spans his entire career. His mission is to eliminate burnout, debt, and bankruptcy among physicians, dentists, and other healthcare professionals through keynote speaking, writing, and one-on-one coaching. Dr. Fawcett can be found at www.financialsuccessmd.com.
I really enjoyed reading this book! I enjoyed it so much I finished it in one day. It is packed with very useful and practical advice and more than anything he proves through his own experience that real estate investing is not a time suck but a very practical, realistic and lucrative investment strategy. My only complaint is regarding his experience with no-money down real estate purchases. I have yet to make the numbers work for me with regards to a realistic interest rate and positive monthly cash flow. In my circle of friends there are not a lot of people willing to loan money at 5%; 8% or 9% sounds more reasonable but at those rates cash flow quickly runs dry. Regardless, the majority of his advice and suggestions are spot on and make complete sense.
I would recommend this book to any person who is interested in obtaining additional income for retirement-so just about everyone! I am excited to start evaluating property available to purchase in my hometown. Thanks Dr. Fawcett!