Doctors Building Wealth

  If you're thinking about investing in real estate or even if you've bought a rental property or two, you've probably asked yourself this question: should I invest for cashflow or appreciation? In this episode, we give you our take on this question and let you in on a little secret: we don't have to make that choice because we invest for both cashflow AND appreciation. Here ar...

  Many accountants approach taxes as something to fear. You hear them saying that taking advantage of certain tax benefits will trigger an audit. Tom and his team of accountants take the opposite approach. They view the tax code as a series of incentives and that it's their responsibility to help you benefit from these incentives and reduce your taxes. In this episode, we cover a number of im...

  Ever wondered what it's like to be a female CEO of a multi-million dollar business? In this episode, we sit down with Letizia to learn what it's like to run Semi-Retired MD as a female CEO. What training/coaching have you implemented to help you in your journey? What does a typical work day look like for you? Can you walk us through your routine? What strategies do you use to balance b...

  Are you a high income professional and paying too much in taxes? If so, this is the episode for you! In this episode, we sit down with Chet Syverson of Curated Accounting to discuss all of the different ways high income professionals can shelter income. For those following our blog, you know about Real Estate Professional Status (REPS), but there are in fact, several other ways you can shelter i...

  Have you ever wondered why so many people make poor investment decisions? You might be surprised to learn that one of the main reasons is that that they don't take the time or space to stop and think. When you encounter a new investment opportunity, most people can easily list all of the upsides. But how often do you stop to think deeply about the downsides? And how often do you then come u...

  We are excited to welcome back Amanda and Matt to the show! If you don't know about Amanda and Matt, be sure to check out Episode 4 where we interview them about the tax benefits of real estate investing. In today's episode, we talk about the upcoming tax season. With 2020 being such an unusual year with COVID and the CARES Act, there are a lot of issues to consider. We also discussed...

  In this episode, we welcome Chris and Linda Tighe to the show. Chris/Linda are co-founders and owners of Pacific Rim Property Management. They manage three of our properties, which totals 61 of our units. Some of the highlights of the show include: What to look for in a property manager The pros/cons of the different property management fee structures. They use a flat fee model so we discuss the...

  Have you ever wondered how to get started in rental property investing? Should you start with single family homes, small multifamily properties or a large multifamily property? The answer is, it depends! There are pros/cons to each and it really depends on your personal preferences, your investment goals and the market you choose. In this episode, we'll help you figure out how to answer thi...

Burnout is a word not often spoken (at least, not out loud) within the physician community, but today's guest, Russ Richmond of Laudio, seeks to change that stigma. Burnout led him on a journey of self-discovery that he shares daily with those around him, and he gives us a ton of keys to success. Learn how effective leadership, self-belief, and even proper management structure can make a huge...

This is your time! We felt it was a great time to review the year that was 2020, and we invite you along for the journey. Each of us brought three "takeaways" from our portion of the businesses, Kenji with real estate, Leti with SRMD. There was definite common ground with mindset work and limiting beliefs, and we refer to our Year in Review blog posts, found here: https://semiretiredmd.c...

  Jimmy Turner of the Physician Philosopher joins us this week to discuss his mindset work and how it led to successful ventures in personal finance blogging, finance and life coaching, and how it changed his life for the better. We are big fans of mindset and mindset work, and Jimmy is a powerful example of how changing thoughts can lead to eliminating limiting beliefs and cause great change and...

  Kekoa Lwin and Cory Nemoto are real estate agents, investors and business partners, who run a successful flipping business, construction company, property management company and hard-money lending company. They join us on the podcast this week to to share their insights on how to build a strong partnership spanning multiple businesses. We know you'll benefit from hearing how these two start...

  Mindset work and thinking time are just two vital parts of our business. Today, we share lessons we have learned so far from the original Rich Dad, Keith Cunningham. Leti is currently a part of a mastermind with him, and shares five things she learned that can help you today. __________________________________________________________ Looking to learn more? Check out some of our most popular cont...

  We've had lots of interest in short-term rentals lately from those that have taken our course, and decided to take the plunge ourselves. Today we discuss why we recently invested in a short-term rental, as well as breaking down tips and tricks for getting the most out of your investment. We also highlight our new Short-Term Rental COC Calculator, which you can find here: https://semiretired...

  This week Glenn Kelman, CEO of Redfin, joins us to share the keys to entrepreneurial success and management of a billion-dollar real estate company. We also ask him about if there are any new Redfin offerings for real estate investors coming down the pipeline. Find out how he went from no prior real estate experience to reinventing online real estate completely, as well as how a certain beverage...

  In this two part series, best-selling Rich Dad Poor Dad series author and lawyer, Garrett Sutton, joins us to talk about asset protect and the loopholes of real estate investing. Garrett is such a wealth of knowledge that we couldn’t just do one episode, we had to do two! __________________________________________________________ Looking to learn more? Check out some of our most popular content:...

In this two part series, best-selling Rich Dad Poor Dad series author and lawyer, Garrett Sutton, joins us to talk about asset protection and the loopholes of real estate investing. Garrett is such a wealth of knowledge that we couldn’t just do one episode, we had to do two!   https://semiretiredmd.com/rdpd-real-estate-legal-entities-with-garrett-sutton-part-1/ ____________________________________...

This week best-selling author and relationship expert Allison Armstrong joins us to discuss how couples can thrive while working together in business. The number of pearls of wisdom she gives us about men and women and their interactions is frankly incredible. If you’d like to learn more from Allison, please check out her website at https://www.understandmen.com/ . https://semiretiredmd.com/rdpd-h...

This week we host former Zero to Freedom Through Cash flowing Rentals students Dr. Latifat Akintade and her IT expert husband, Olushile to the podcast. Latifat and Olushile are both active real estate investors, currently investing in two markets, and Olushile will be claiming real estate professional status this year. In addition, Latifat is a trained life-coach and founder of Money Fit MD , wher...

On this week’s podcast episode, our friend and phenomenal lawyer, Michael Smiken joins us to discuss negotiation and dispute resolution. Michael has helped us personally in several sticky real estate situations, some of which actually turned out to our benefit in the end! You’ll likely be surprised to hear what is at the core of all his legal success! https://semiretiredmd.com/rdpd-handling-negoti...

This week sex-therapist, Buddhist psychologist and author, Dr. Cheryl Fraser joins us to discuss how to improve your relationship with your significant other and keep passion alive over time. Since so many of our listeners launch their real estate investment businesses together as a couple, we have chosen to invite relationship experts like Dr. Fraser to our podcast to help all of you (and us!) be...

Let’s face it. Bookkeeping can be a real drag. When it comes down to doing the bookkeeping for your rental portfolio, do you often wonder if you’re doing it right, or if it’s actually giving you the answers you need to grow your business into an empire? Well, we used to dread doing the bookkeeping for our portfolio. We were, in many ways, even afraid of doing it. We don’t want the same for you, so...

  This week brilliant legal mind, Fred Pinto, joins us to discuss the legal issues that all entrepreneurs should consider when building and exiting their businesses. Fred has an upcoming course that teaches entrepreneurs how to get their companies "Fit for Exit." Fred covers all of these topics in his course, which launches October 26. But, if you want to take the course with us, you can...

  In this week’s episode, our friend, physician, and life-coach Dr. Sunny Smith joins us for an episode jam-packed with information about the importance of coaching for physicians. Sunny shares how coaching changed her life, and how she’s built a seven-figure business, Empowering Women Physicians, to serve suffering physicians. Of course, we also ask about her real estate investment journey too! S...

This week our good friend and fellow physician blogger, podcaster and course creator, Bonnie Koo, MD, joins us to talk about building her business. She shares some mindset strategies that have helped her be successful as an entrepreneur as well as some great resources for any of you thinking of starting online businesses. Bonnie’s flagship course Money for Women Physicians launches 9/23! Enrollmen...