Investing in real estate can feel intimidating when you're just getting started. You hear stories of people who've amassed their wealth by investing in dozens or hundreds of rental properties. The prospect of owning so many properties can feel more stressful than hopeful.
Our guest today, Doc G, shares why we don't need countless rentals to feel financially comfortable. As a physician, he's been able to invest his day job income in just a few rentals that provide his family with consistent cash flow.
What are we covering?
Doc G and I discuss:
- How he got into real estate
- Why he prefers “less doors” and mortgage free properties
- How he's teaching his kids the importance of investing early
Given that Doc G has achieved financial independence and multimillionaire status early in his life, you won't want to miss his priceless advice.
SHOW LENGTH: 44 minutes
CLICK THE PLAY BUTTON ABOVE OR LISTEN ON:
About our Guest: Doc G
Doc G is a physician pursuing half retirement and thinking deeply about the philosophy of financial independence. Read his musings at diversefi.com.
He is also the co-host of the What's Up Next Podcast – a show dedicated to advancing the financial independence conversation.
Recommended Book: The White Coat Investor by James Dahle
Recommended Book: Retire Early with Real Estate by Chad Carson
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Money Master of the Week
Katie from NewlywedsDebtFreeJourney recently received a 15% pay raise at work!
Since she and her husband Anthony are working on building up their Emergency Fund, they are going to use this extra cash to pile into savings. And their long term goal is to buy a house.
A lot of action in less than a year for this couple:
- Paid off $15k in debt in 6 months
- Saved up $6k in cash
- and now a 15% raise …
Now that’s how you start off a marriage!
Katie is our Money Master of the Week!
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If you have a financial victory you want to share on this show, please leave me a voicemail (or an email) and include the following:
- First name
- Your recent big win
- How you did it
- If/How you celebrated
- Your financial plans for the future
Your story will inspire others to save more, make more and plan for their family’s future.
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I’d love to hear from you!
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Carpe Diem Quote
“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.”
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