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Why Should Physicians Invest in Real Estate to Generate Passive Income?

Chander Mishra, MD, teaches doctors about the option of making passive income (through real estate) and decreasing overall tax exposure.

June 29, 2022

Since the news emerged regarding doctors investing in real estate, more physicians are looking into this option.

It’s not just because they want to get passive income, but also because they want to further decrease their overall tax exposure.

They want to slow down and avoid burnout. You would agree that we all enjoy practicing medicine but we want to have some degree of control on our lives and future. We can add that by including passive income for physicians. Would you agree?

 

Why should physicians invest in real estate?

With a number of benefits, it’s a great line of work to delve into if you’re looking for a way to earn some passive income for doctors and physicians or add security to your retirement portfolio with the least amount of volatility.

The number of physicians investing in real estate is on the rise.

According to recent data from the Urban Institute, a research organization based in Washington, D.C., nearly 41% of doctors have reported that they have invested in some form of real estate.

The attractiveness of real estate, when compared to other investments, becomes more apparent as one takes a closer look at how a real estate investment can play an important role in the financial portfolio by increasing its overall returns.

 

Real estate investing can give you a huge financial advantage as a physician, but many of you don’t even know where to start or how this investment tool could help your retirement.

Today we’re going to tackle what you should know about real estate investing so that you can start taking steps towards realizing your financial potential today.

Tangible Rewards One reason physicians may want to consider investing in real estate is that they can see the rewards they reap.

 

The number of physicians investing in real estate is on the rise.

 

If you own your own practice, you probably work long hours and deal with the stress of running a business.

The nice thing about passive investing in real estate is that you don’t have to deal with the day-to-day operations.

Instead, you can hire someone to handle things and concentrate on growing your business and making more money.

 

The nice thing about passive investing in real estate is that you don’t have to deal with the day-to-day operations. Instead, you can hire someone to handle things and concentrate on growing your business and making more money. Click To Tweet

 

The main perk of being a physician is having the status, financial stability and respect that come along with the job title.

Investing in real estate allows you to achieve those same benefits without putting in 80-hour weeks.

Your money is working as hard as you are while it grows in the background.

Investing in real estate is a great way to earn some passive income for Physicians and add security to your retirement portfolio. But why should physicians invest in real estate?

Here are a few reasons that every Physician should strongly consider:

  • Real estate has consistently outperformed all other investments, including the stock market.
  • Many doctors lack the time needed to actively manage their own real estate investments.
  • Diversification is key in any investment portfolio, and real estate can provide an excellent hedge against the volatility of the stock market.
  • With the right guidance, doctors can get started in real estate with very little money down, allowing them to diversify their portfolios quickly while minimizing risk. Yes, you can start investing passively by investing 50k if you do it each year and compound it over 10 years at a 15% return you will end up above 1.3 million in your bank. Does it sound like an interesting way to grow your wealth while you are working at your primary job?
  • Selling your primary residence is considered tax-free under current law, providing much-needed capital for future purchases.

With the right guidance, doctors can get started in real estate with very little money down, allowing them to diversify their portfolios quickly while minimizing risk. Click To Tweet

 

Conclusion:

If you’re looking for a way to help grow your retirement portfolio without worrying about price fluctuations, investing in real estate may be right for you. In addition, if you plan on spending money on retirement travel or other expenses, investing in property can help ease the financial burden associated with those expenses.

Chander Misra, MD

Chander Mishra, MD

“Life is about living in the moment, there lies the true potential to create anything.”

All opinions published on SomeDocs-Mag are the author’s and do not reflect the official position of SoMeDocs, its staff, editors. SoMeDocs is a magazine built with the safety of free expression and diverse perspectives in mind. For more information, or to submit your own opinion, please see our submission guidelines or email opmed@doximity.com. Do you have a compelling personal story you’d like to see published on SoMeDocs? Find out what we’re looking for here and submit your writing, or send us a pitch.

All opinions published on SomeDocs-Mag are the author’s and do not reflect the official position of SoMeDocs, its staff, editors. SoMeDocs is a magazine built with the safety of free expression and diverse perspectives in mind. Do you have a compelling personal story you’d like to see published on SoMeDocs? Submit your own article now here.

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