MtoM Podcast #36 - Psychiatrist Real Estate Investor Multimillionaire

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  • Опубликовано: 18 ноя 2024

Комментарии • 6

  • @jasonliu2693
    @jasonliu2693 3 года назад +6

    Did she also successfully train for the Ironman and learn Arabic as well during this short time period?
    I don’t normally comment or post on RUclips videos, but this interview is outlandishly unbelievable.
    You’re telling me that someone was able to build a 180+ rental property portfolio with a net equity of $7 million plus one year out of residency?! While having three kids and a husband who worked for a startup company before managing their real estate company. All the while starting from absolutely zero as an emancipated minor.
    Either she is a machine who doesn’t need any sleep ever or psychiatry is the cushest, easiest, and most relaxing residency training program out of them all.
    During my EM residency in my mid-late 20s, it would have taken everything to keep a family of three together with a full time working spouse and not fail out of residency.
    She states that she did residency, birthed two children during said residency, and bought 100+ properties while rehabbing some of her properties. How did you not fail out of your psychiatry residency? When did you study for conferences and in-service exams? When did you have the time and mental bandwidth to find these value deals? Was psychiatry residency really that cush? Like M-F 9 to 5, no weekends, no nights, no holidays? Even if that’s the case, when did you find the time to form a construction company and close these deals?
    I’m sorry, but this story is so crazy that I have to ask about some of the granular details. Also, where did your medical school loan repayment go? How did you pay for medical school? I find it inconceivable that you saved for four years of medical school working as an MHA for 2 years,

    • @DrDtsukanov
      @DrDtsukanov 3 года назад +1

      Well said! I guess we are inferior and poorly motivated humans! Maybe we will make good physicians.

    • @thewhitecoatinvestor
      @thewhitecoatinvestor  2 года назад

      As I recall, they were both working at it for quite a few years prior to finishing residency. Now I can't prove it (we don't audit our guests) but with a lot of hard work and a lot of leverage and favorable markets, pretty impressive things can be done. I was a more worried about the amount of leverage than anything; just seemed to be rushing things.

  • @suns1457
    @suns1457 2 года назад +3

    Ya that's not 7 million net worth at all. 80%+ in debt means their net worth in 1.4 million . Which is still amazing but nowhere near 7 million

    • @thewhitecoatinvestor
      @thewhitecoatinvestor  2 года назад

      I think they had a lot more real estate than just $7M, but I didn't do an audit.

    • @drdumbo9124
      @drdumbo9124 2 года назад

      That and there’s no way she would have been able to do this 1 year out of residency. It’s mostly her husband worked and invested while she was in school gaining debt.
      I really don’t think this should have been a physician podcast because it’s a lot of “we” and not enough “me” the physician investing.