In this episode, we talk about two key setbacks that shifted Jeff Anzalone’s mindset towards building multiple streams of passive income, why he doesn’t invest in single-family rentals, the lessons learned from losing his first $50,000 he invested in a syndication, and the great question he uses to find other potential groups to invest with.
Dr. Jeff Anzalone is a full-time practicing periodontist in the great state of Louisiana, author, and founder of DebtFreeDr.com. He focuses on teaching doctors and other high-income professionals to create passive income from real estate so that they can STOP trading their time for money.
In This Episode We Cover:
- How school may give you the knowledge to practice your profession but not prepare you for actually practicing it
- How a skiing accident helped him realize how precarious his economic future was even with a high-paying, safe, secure job
- Why 90% of all millionaires have real estate in their investment portfolios
- Why high-income earners should focus on their core money-making ventures and leave the active real estate investing to others
- Why he doesn’t invest in single-family rentals
- The lessons learned from losing the first $50,000 he invested in an apartment syndication
- Why he doesn’t like investing in syndications through crowdfunding platforms
- What led him to choose apartment syndications over other asset classes
- How he would go about educating himself on apartment syndications if he were starting over
- And much more!
Books and Resources Mentioned:
- The Road to Family Freedom: roadtofamilyfreedom.com
- Website: Dr Debt Free
- Resource: Free Doctor’s Passive Income Guide
- Email: jeff@debtfreedr.com
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