Are you looking for passive income? Are you afraid of putting all your investment eggs in the stock market? Have you ever thought about buying real estate as an investment? My guest today had those thoughts when he decided to get into real estate investing after the economic downturn of 2008-2009. Dr. Kenyon Meadows is a radiation oncologist in SE Georgia who has branched out his investments to include real estate in the form of single family homes, hard money lending, and crowdfunding.
I want to thank Dr. Meadows for being our guest today. He gave us great information about starting in real estate investing.
Real estate can be a great way to diversify your investment portfolio. There are some real profits to be made if you invest at the right time and locations. It can be a great source of long term passive income, but is not very passive at the outset. As a high income health care professional make sure you protect your assets before buying real estate.
Timing is key, and we have had a long run of very low interest rates. I dont know if the rates are going up any time in the short term (say next 2-3 years) but likely they will go up in the longer term. This low interest rate environment has pushed many asset classes to higher valuations as investors look for yield. I encourage you to be extra cautious and really do the due diligence before putting your money in.
If you are interested in learning more about Dr. Meadows and his company the website is alternativefinancialmedicine.com.
You can also get his book Alternative Financial Medicine directly at Amazon
Please visit our website at www.doctormoneymatters.com
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Please remember what you heard on this show is for your entertainment and education only. Please speak with the appropriate experts prior to making decisions regarding your own financial situation.
Ep 62. Doctors and Social Media -- Dana Corriel, MD
Ep 61. Gita Pensa, MD -- Malpractice litigation and its impact on the physician
Ep. 60 -- Student loan basics with Ben White, MD
Ep 59. Joel Greenwald, MD CFP -- Withdrawing assets in retirement
Ep. 58 Real Estate Investing with Cory Fawcett, MD
Ep 57. Introducing What's Up Docs?
Ep 56. Karen Sibert, MD -- Good luck finding a doctor in 10 years.
Ep 55. Ian Ippolito -- How to approach crowdfunded real estate investing
Ep 54. Falgun Chokshi, MD --Artificial Intelligence in medicine
Ep 53. Opportunity Zones -- Dan Gauthier
Ep. 52 -- Surprise (Balance) Billing with Dr. Amy Cho
Ep 51 -- Starting a DPC practice
Ep 50. Dividend Investing with Nick McCullum
Ep 49. Dr. Disha MD -- The Frugal Physician
Ep. 48 -- Rick Ferri, CFA
Ep. 47 Ryan Inman, CFP
Ep 46. Sarah Fallaw PhD -- The Next Millionaire Next Door
Ep 45. Disability Insurance part 2(Q & A with a broker and lawyer)
Ep. 44 Disability Insurance (Q&A with a disability lawyer and broker)
Ep 43. Crushing student loan debt with Drs Renee and Nii Darko
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