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Updated about 6 years ago on . Most recent reply

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Best strategy for physicians looking to invest?

Malcolm Chelliah
Posted

Hello there, new to this community. I have been listening to a lot of the BP podcasts and youtube videos for the last few weeks. My husband and I are both in medicine. Next year he will be an attending and I will be starting my residency and we are planning to get into real estate investing with the increased income we will have. When Im reading about many people doing real estate full time, its unclear if their income is growing to the level that will replace what our expected income will be once we are both finished with training. 

Our goal is to build financial wealth (and I have ethical issues with doing that through medicine exclusively) however my question is in our situation, does it make more sense to use our surplus income to invest along side investors who do this full time or is it still worth it to strike out on our own one day try to replace over 500k income annually that would eventually be passive

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