The PPhREI Network Highlights drop once a week and include the best posts from the PPhREI network….
Cash is king… even during the era of inflation. This rule applies to maintaining cash reserves as a real estate investor. The Darwinian Doctor discusses why cash-reserves are so important and how he recently used some reserves to perform an 18k roof repair. As always, this a great, quick, post from Dr. Shin.
We all know that a physician’s value is difficult to quantify and is honestly more than “X dollars”. But, with that said, it is still important to define your “salary/hourly/annual income” as a Physician.
The Prudent Plastic Surgeon explains that one of the main ways to determine your value is to ask other physicians in your field what they make. We should not be embarrassed to discuss these numbers. In the rising “employee” based model, it is important to know what others are receiving when you negotiate your offer. The more we share the more we all strengthen our negotiating positions.
The 4th Quarter is here and that is the best quarter to purchase your first or next Short-term rental property. 100% bonus depreciation begins to phase out in 2023. If you are actively researching markets and analyzing properties then feel free to download the The Carpe Diem MD STR calculator. This calculator is free to download.
The Carpe Diem MD Short-term rental course + Physician burnout wellness CME course is running. This is the last course of 2022. Don’t miss out. Click here to learn more…
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