Young dentists looking to start investing

[Travis Cripps]

Hello everyone,

I am new to BiggerPockets but already have found this community very helpful, so thank you! My wife and I are both dentists in Kansas city, MO. Our first goal was the buy a 2-4 unit to get started and I'm happy to say we are under contract on our first duplex. Very exciting! After listening and reading more, I think there is an opportunity to appeal to young doctors. There is very little financial training offered to young medical professionals. I ultimately would love to increase my personal knowledge to the point I could help lead other medical professionals into the industry either directly investing or in the form of a fund. Any and all insight is appreciated. See you around BP!

Take Care,

Travis Cripps

[Ryan Collins]

@Chinmay J. I don't speak for the OP, but I DO NOT have a decent amount of money saved up for down payment (everything tied up in the new practice as either family emergency fund and practice emergency fund). I am doing exactly what Travis is planning on doing, and finding other Dentists or professionals that do have a lot of money available, but first learning the ins and outs of real estate, which is why I HAD to comment when I saw his initial post since I've been lurking up until now. Chinmay J., you're correct, as least for me, that I want to keep practicing for a while, until the passive income I generate through real estate and also the potential sale of my practice can get me out of the dental game, or at least make it optional. I'm loving this discussion, it is so helpful. Of course the general public thinks dentistry means swimming in a bathtub full of money, but there's so many costs and debts, it's a grind just like any other profession imo