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Smarter Doctors: You Work Hard, Make Your Money Work Harder!
- A Medical Professional's Guide to Passive Investing in Commercial Real Estate
- Narrated by: Adam Narano
- Length: 4 hrs and 20 mins
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Summary
Medical professionals spend the lion's share of their time training to master the details of their profession, how to best help their patients, how to stay up to date on the latest techniques, and fighting with third-party payers. What is missing from most training programs is financial training. And looking at the retail investment market, hundreds of millions of dollars are spent marketing the common retail investments, namely stocks and bonds (who hasn't heard of Fidelity, Vanguard, Schwab?). However, there is a whole universe of investments in commercial multifamily real estate, investments that are the subject of this book, which is based on one foundational principle: High net-worth individuals can invest passively into syndication of commercial real estate.
The strategies outlined in this book will share how this niche, discussed in detail by investing expert James Kandasamy, represents options for wealth and passive income creation, is not subject to the same market trends that cause bull and bear markets, and also includes a number of tax advantages for those who invest in real estate.
Given that financial independence is a state where one's passive income is equal to or greater than their living expenses and that more people have reached financial independence using real estate investing than with stocks and bonds, this book is a must-hear.