Known for being rather Unorthodox, Dr. Sabitha Setty aims to educate others on making the right real estate investment into short-term rentals.She started The Unorthodox Doc Facebook group to share all the information and experiences that she’s gleaned over the years of renting out multiple properties, but that doesn’t mean she isn’t still learning from others. She created the group to be able to share her experiences, while also learning from others.In this episode listen for:Dr. Sabitha Setty teaches you why short term rental properties are actually more profitable than long term, how to choose the right location for your rental property, and why she wouldn’t run her own property management company.Must-Listen Moments:[3:35] Tips of Achieving a High Return[20:03] Balancing Renting on Multiple Platforms[41:53] Keeping Your Rental Maintenance FreeGuest Links:FB Group: The Unorthodox Doc - Short Term Rental GroupMore from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcasts Read more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/joinPodcast Technical Support by: Wayfare Recording Co.
This week we interview Dr. Steven Kornweiss and his journey starting a Direct Primary Care practice called Kornweiss Medical.We talk about what is "wrong" with modern day healthcare and how the Direct Primary Care model directly addresses some of these issues.Dr. Kornweiss gives a peak behind the curtain with this emerging way to practice medicine that gets us back to our roots of why we became doctors to begin with. Visit Kornweissmedical.com to learn more about Direct Primary Care and Dr. Kornweiss' business.
Self-motivated entrepreneur, teacher at heart, and expert investor, Dr. Sam Giordano shares his story of discovering real estate after his personal finances were impacted with the passing of the Tax Cuts and Jobs Act of 2017.He knew that he needed to use passive income to his advantage to support his family and dove deep into research for the first year by listening to podcasts, reading books such as “Hands Off Investor” by Brian Burke, and networking with real estate investors. It became apparent that he could spend hours or days sorting through deal metrics, further hampering him from the time freedom he craved. He decided to create a tool that would quickly evaluate the metrics and sort the best real estate syndication investments to the top of the list. That's when Passive Advantage and the LP Syndication Tool was born, providing a streamlined way to demystify the deal vetting process.In this episode, listen for:Dr. Sam Giordano defines preferred returnDetails about the first syndication he invested in and how he got startedHow he looks at the deal metrics in the investment summary prior to investingMust-listen Moments: [09:28] Describes the criteria he uses to evaluate syndications[11:06] Dr. Sam Giordano explains how he looks for deals based on three main factors [18:01] The IRR and Equity Multiple figures he wants in his investment portfolioGuest Links:https://passiveadvantage.com/ Passive Advantage Facebook Page: https://www.facebook.com/PassiveAdvantage-108182591563950Book he recommends - Hands Off Investor by Brian Burke: https://www.barnesandnoble.com/w/the-hands-off-investor-brian-burke/1133657225?ean=9781947200272More from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcasts Read more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
Dr. Sabitha Setty shares her tips on getting short-term rentals online and profitable. She suggests working on your listing before you’re ready to publish and listing on only one rental platform at a time to avoid double bookings and price mistakes. Hear why she fired her first property manager and how you can “dial-in” your messaging for your potential guests on each platform using tone and compassion to your benefit. Dr. Sabitha Setty talks about how easy it really is to actively self-manage a short-term rental (or a few) and why STRs are so different from longer leases. She’s especially happy with the bonus depreciation available that can offset your other earned income, which is an excellent benefit for doctors and other high-income professionals.In this episode, listen forHow you can import and export calendars from each platform in an attempt to prevent double bookings from multi-platform listings Dr. Sabitha Setty explains her automated messaging strategy with AirbnbWhat your guests might need to know about ratings and how to be approachable yet retain your personal privacyMust-listen Moments: [3:55] Two affordable property management software systems that may help manage short term rental bookings[7:06] Dr. Sabitha Setty shares which five automated messages she sends to her Airbnb customers, why, and what to say in each one[12:30] Fee structure and feature comparison between Vrbo and Airbnb versus why or when you may look into a private booking site[19:20] She explains in detail how actively managing your own STR property can allow you to enjoy depreciation, offset your income, and harvest all the tax benefits possible right now.Guest Links:FB Group: The Unorthodox Doc - Short Term Rental GroupMore from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcasts Read more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
A wealthy mindset can help you overcome burnout, find fulfillment, and enjoy the journey to get there, no matter the odds. Dr. Elisa Chiang, MD, Ph.D. became a life coach after working as an ophthalmologist and hitting burnout after just 5 years. During graduate school, she dove into investing, read “Rich Dad, Poor Dad,” and decided to pursue FIRE before it was cool. In this week's episode, Dr. Elisa Chiang shares her personal path toward mindset and real estate success. She scooped up foreclosures and flipped them for profit during medical school, which paved the way for her success in rentals and syndications. She shares that one key to fulfillment in the medical field is in developing deeper relationships with clients rather than simply performing medicine.In this episode, listen for:How real estate became key in her fulfillment and wealth-building journeyDr. Elisa Chiang’s experience as a student in Dr. Leti and Dr. Kenji’s course on rental propertiesWhat she did to overcome her fear of actively managing rentals Must-listen Moments: [3:50] Dr. Elisa Chiang walks us through the first house she bought and flipped in University Heights, Cleveland [15:40] What drew her to multifamily real estate investing[36:31] Details about her life coaching program and how she can help youGuest Links:https://www.growyourwealthymindset.com/Instagram @growyourweathlymindset LinkedinMore from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcasts Read more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
Dr. Saji Salam once believed he could be a jack-of-all-trades. He moved to the United States after studying medicine in India, attended business school, and dabbled in technology, accounting, health care, and consulting. While he loved helping businesses solve problems, he realized he was traveling all the time and that passive income would be the key to his freedom from the W2 hustle.In this week's episode, Dr. Saji Salam discusses collaboration, emphasizing the importance of establishing a trustworthy team when investing in commercial real estate. He shares how close relationships with his property management team and dependable construction companies have helped his C-Class multifamily properties throughout Texas and Georgia be successful.In this episode, listen for:How he got into multifamily back in 2017 and 2018Dr. Saji Salam speaks highly of Texas, both personally and professionallyHow he found construction companies that understand investor and lender terms in addition to constructionMust-listen Moments: [11:44] Vendor collaboration is crucial, including property managers and construction companies [14:50] Dr. Saji Salam discusses the importance of networking; you never know what may come your way years from now.[31:25] The reasons why C-Class multifamily property is protected from competition Guest Links:http://www.careventurescapital.com/ https://www.linkedin.com/in/sajisalam/More from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcasts Read more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
Dr. Sabitha Setty makes a return in this week's episode as we discuss tips for first-time short-term rental investors. Hear how and why she transitioned from being a pulmonary care physician to owning cash-flowing short-term rental properties in Arizona. Plus, glean all her tips to make your STR cash flow by picking the right market and having unique features guests want to share on social media.In this episode, listen forSenate Bill 1350 in Arizona defines clearly what you can and can't do with your personal property Dr. Sabitha Setty explains what it takes to enter a strong rental marketShe explains the advantages of starting local for first-timersMust-listen Moments: [3:26] Why she recommends you add short term rentals to your portfolio[8:36] Dr. Sabitha Setty gets real about risk, what to look for, and the importance of having multiple exit strategies[13:22] How to incorporate a feature into your properties that makes it onto Instagram, drumming up more business for your rentalGuest Links:FB Group: The Unorthodox Doc - Short Term Rental GroupMore from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcastsRead more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
Has a TV show ever changed your life? Dr. Chiagozie Fawole went from being a full-time pediatric anesthesiologist to securing ten leases in a couple of months through short-term rental arbitrage.In this week's episode, Dr. Chiagozie Fawole explains how she was able to generate adequate income flow and take a step back, thanks to automation. She's not only growing her business, but she'll be hosting a conference in early October to teach other doctors about short-term rentals.In this episode, listen forRather than purchasing a property, you rent it from another landlord (arbitrage)Property flipping, furnishing, and rentalDr. Chiagozie Fawole signed 10 leases in Dallas, Texas, between March and JuneMust-listen Moments: [8:00] A description of the procedure for locating a landlord.[20:20] When it comes to selling your home, hiring a professional photographer is necessary.[27:06] On the 7th and 9th of October, a short-term revolution conference will be held. Contact her through the Savvy Doctors Facebook group to receive access.Guest Links:@DrFawole on FB https://www.workwithme2021.com/wemdfb/ (To join the FB Group) FB Group: The Savvy Doctors Physicians in Real Estate More from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcasts Read more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
Dr. Param Baladadapani wants you to stop trading your time and expertise for money. She used real estate to become financially free at 41 and created Generational Wealth MD to help other physicians do the same. Don't you want to live life and practice medicine on your own terms?In this week's episode, you'll learn about Dr. Param Baladadapani's journey to becoming a real estate investor. She built a fantastic community of like-minded people, and since there was such a large demand, she designed an 8-week course in which she teaches people how to achieve financial independence.In this episode, listen for Her tips to successfully rehabilitate short-term rentalsHow she purchased her second property with cash and what happened to her cash flow What it takes to develop your current portfolio into something more substantialMust-listen Moments: [14.03] She recounts her experience and the various techniques she employs when it comes to buying real estate.[18:40] Recognized a need and developed an 8-week course to teach the process of achieving generational freedom.[22:33] Dr.Param Baladandapani will be presenting a live event in the near future that will last two days and cover all aspects of achieving financial independence.Guest Links:https://www.generationalwealthmd.com/ https://www.instagram.com/generationalwealthmd/ FB Group: GenerationalwealthMDMore from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcastsRead more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
Follow your fear! As full-time hospitalists and newlyweds with 60+ hour work weeks, high-stress work environments, a low savings account balance, and even less time for each other, Dr. Letizia Alto and Dr. Kenji Asakura accidentally ended up with the opposite of everything they wanted.In this week's episode, the Semi-Retired MD husband & wife team discusses how they transitioned from the clinical field to securing financial backers in less than a year, allowing them to purchase their first property. Throughout their journey from zero to 125+ units, you will learn about an 8-week course that will take you from absolutely no knowledge to having all the tools you need to invest in YOUR OWN properties. In this episode, listen for:Control the increase in value of a property by Forced AppreciationLearn the steps of mindset, scale first property- Fast Fire System Zero to Freedom through Cash Flowing Rentals: Gain confidence with this course Must-listen Moments: [11:02] Their experience as landlords with their first two duplexes[18:16] From Zero to Forty units in 3 years, how they did it and their recommendations[29:12] Dr. Kenji Asakura shares his outlook and strategy for diversificationGuest Links:https://semiretiredmd.com/FB Group: Semi-Retired Physicians https://www.instagram.com/semiretiredmd/More from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcastsRead more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
You know that gorgeous piece of property you eye daily on your drive to work? Well, have you ever wondered what it would be like to just knock on the door and make an offer, even though it’s not on the market? This week’s guests felt exactly the same way and decided to create a digital platform on which people could safely, easily, and successfully make offers to homeowners directly, even if the property is not listed for sale. In this episode, listen forHow Dr. Brent Varnadoe successfully purchased two off-market homes by making an offer directly to the homeownerWhat they’ve done to legitimize the offer process for homeowners and delete the “creepiness” factorMatt Johnson’s recommendations for maximizing your chances of getting an off-market houseMust-listen Moments: [01:15] How Offeroo partners with local agents to preapprove buyers and ditch the potential for low-ball offers[08:15] A walk-through of how Offeroo works currently and how they plan to scale into commercial real estate, vacation homes, and even multifamily.[10:21] What the first month of having a live online platform is like and their short-term plans to attract potential homebuyers to the site. Guest Links:https://myofferoo.com/https://www.instagram.com/myofferoo/Dr. Brent Varnadoe on LinkedInMatt JohnsonMore from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcastsRead more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
Dr. Miranda Phillips and her husband have successfully retired from their high-stress, high-responsibility emergency medical careers by building tax-advantaged passive income streams, allowing them to enjoy their time, health, and freedom. In 2017, at the height of Dr. Phillips’ career as a life flight medical director and regional director of five ERs and a trauma center, she began to feel the very real effects of sleep deprivation. Although she loved learning and taking on leadership roles in every area of her career, her health and her family were suffering. So, she began exploring passive income strategies, reaching out to mentors, and investing in large, multifamily real estate assets in pursuit of more free time. During this episode, she shares the story of how she went from an overworked, burned-out physician to achieving financial freedom through investing in real estate.She is the co-founder of Elite Wealth and Wellness, where she and her husband help busy professionals achieve financial freedom and live a life full of passive income, health, and happiness. Her top tip to help you toward wealth is to obtain a deep understanding of passive income and pursue strategies that will help you quit trading your time for money.Her best wellness tip is to prioritize personal needs and events (like sleep, kids’ events, personal development time, etc.) and actually schedule them on the calendar in time blocks. [01:15] Dr. Miranda Phillips medical career and the ensuing burnout[08:15] What led her to discover passive income[10:21] How she got started real estate investing[10:58] Her methodical approach to selecting an investment strategy[13:13] How she and her husband found mentors and fast-tracked their investing knowledge[15:47] The art of the first deal - a two-asset syndication fund[18:15] How to find a reliable operator[22:22] When and how to leap from limited partner to general partner[28:06] Emphasis on the tax benefits of investing in multifamily real estate[30:40] Elite Wealth and Wellness[34:38] Her biggest tips toward wealth and wellnessFollow Miranda:https://elitewealthandwellness.com/More from DIG Capital: Find and Listen to more episodes at https://www.digcapital.com/podcasts Read more about real estate syndications and passive investing at https://www.digcapital.com/blogTo Invest alongside other physicians: https://www.digcapital.com/join
This week we interview Dr. Ian Cook and Dr. Lauren Ihde from Carpe Diem MD. They discuss about investing in STR for both lifestyle and financial independence.https://carpediemmd.com/digcapital.com
This week I discuss how to ensure that we know if a short term rental property is viable and understanding the risk of a given market.
This week we discuss a recent trip to Atlanta and I tell you why I am so interested in this market for future investments.
We interview Dr. Sunil Saxena about going from ER doc to full time real estate developer.
This week we interview physician personal finance blogger Dr. Daniel Shin, the author of thedarwiniandoctor.com about his real estate investing journey.
This week I walk through my own investing journey, highlighting my upbringing with the family business and what I have learned along the way. Enjoy!
This week we interview Dr. Julia Saylors, a hematologist/oncologist from Charleston SC who shares her story investing in apartments, commercial buildings, and short term rentals.
Tim Lyons shares his story going from the NYFD as a firefighter and ER nurse to investing in large multifamily real estate.