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Real Estate Mogul, M.D.
The Real Estate Mogul, M.D. podcast shares the real-world journeys, stories, and conversations that transform your mindset, build your business, diversify your investments, and multiply your cash flow to help you live life by design.
Guests range from medical professionals, entrepreneurs, accountants, executives, financial advisors, coaches, and real estate investors. How to build wealth, create passive income and have more time as a doctor. We cover a large range of topics including: running a medical practice, finances, work life balance, wealth building, tax strategies for medical professionals, real estate investing, financial planning, asset protection, insurance, tax free exits, corporation structuring, retirement planning, and much more! To learn more email: info@physicianwealthsystems.com
Check out https://www.PhysicianWealthSystems.com for a FREE 30 Day Real Estate Education Experience!
Real Estate Mogul, M.D.
S3 E13 Building Wealth While Living Life by Design with Dr. Cory S. Fawcett
In this conversation, Dr. Cory S. Fawcett shares his journey from music to medicine, discussing the importance of financial independence for healthcare professionals. He emphasizes the need for passive income through real estate investing and the common pitfalls that busy professionals face. Dr. Fawcett also highlights his mission to help others achieve a debt-free life and the insights from his series of books aimed at physicians. In this conversation, Dr. Cory S. Fawcett shares his insights on achieving financial success through real estate investing. He emphasizes the importance of defining a clear finish line when pursuing passive income and warns against the pitfalls of side gigs that can lead to burnout. Dr. Fawcett discusses the automation of real estate processes to streamline operations and shares his criteria for successful property acquisition. He also provides resources for listeners to learn more about financial success and real estate investing.
Takeaways
- Dr. Fawcett aims to walk/run 2025 miles in 2020.
- He transitioned from music to medicine for financial stability.
- Musicians often face a challenging lifestyle on the road.
- Perceptions of success can be misleading in both music and medicine.
- Dr. Fawcett's mission is to help healthcare professionals achieve financial independence.
- He has written seven books in the 'Doctor's Guide' series.
- Real estate investing can be a passive income source for busy professionals.
- Delegation is key in both medicine and real estate management.
- Financial planning is crucial for unexpected life events.
- Creating passive income allows for greater flexibility in life. Finding the finish line is crucial for success.
- Many side gigs can become more demanding than full-time jobs.
- Passive income should not turn into active income.
- Set clear goals for real estate investments.
- Automate processes to save time and effort.
- Owner financing can provide better deals than traditional banks.
- Criteria for property acquisition should be well-defined.
- Investing in real estate can be simplified with the right strategies.
- Start taking action to achieve financial goals.
- Continuous learning and adaptation are key to success.
Important Links
LinkedIn: https://www.linkedin.com/in/financialsuccessmd/
Instagram: https://www.instagram.com/financialsuccessmd/
Web: https://financialsuccessmd.com/
