We've turned to our Facebook community, The Frugal Physicians, and your emails to bring you a unique segment. Dr. Disha is answering a few of your questions about managing finances, making smart investments, and seeking out alternative income streams in the world of healthcare.
A significant portion of today's episode is dedicated to real estate investment. Dr. Disha shares her personal journey, inspired by the principles in "Rich Dad, Poor Dad," and discusses the tangible benefits of real estate, including tax advantages, inheritability, and the potential for high returns. She provides practical advice on getting started, managing risks, and understanding the nuances of different types of real estate investments, from long-term rentals to short-term vacation properties.
Looking for something specific? Here you go:
00:00:11 - Introduction and Apology for Delay
00:00:33 - Welcome to Finding Financial Freedom Podcast
00:01:00 - Community Questions on Finance in Healthcare
00:02:06 - Passive Income for Physicians
00:04:13 - Creating Intellectual Property for Passive Income
00:04:55 - Exploring Side Gigs for Doctors
00:06:00 - Monetizing Blogs and Podcasts
00:07:17 - Affiliate Marketing Explained
00:08:02 - Direct Contracting and Content Creation
00:08:55 - Multiple Income Streams and Wealth Building
00:09:53 - Real Estate Investment for Financial Security
00:11:07 - Benefits and Strategies of Real Estate Investing
00:13:45 - Tax Benefits of Real Estate Investing
00:15:58 - High Risk and Reward of Real Estate
00:17:02 - Real Estate Investment Types
00:18:26 - Real Estate as a Tangible Asset
00:19:56 - Short-Term Rental Investing and Tax Benefits
00:23:28 - Addressing Investment Losses and Tax Implications
00:28:57 - Subscription Model in Healthcare Business
00:34:17 - Physician Groups for DIY Enthusiasts
00:38:06 - Closing Remarks and Contact Information
This episode is sponsored by
Eckard Enterprises – is an asset management company that focuses on providing families access to diverse, alternative investments.
If you enjoyed the show, find and follow Dr. Disha everywhere else:
The Frugal Physicians Facebook Group
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Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.
