Investing as a doctor

Houston, Texas
Buying & Selling Real Estate
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Investing as a doctor

Account Closed
New to Real Estate · Houston · Member since 2024 · 5 posts · 6 votes

Hello everybody.. I'm Moe and I'm a young doctor in Texas. I've always been interested in real estate especially in apartment complexes. In a few years, I'm going to start making some pretty decent money and was wondering if there are any resources you guys recommend for apartment complexes or any other kind of real estate investing. It could be books, videos, I'm open to learning anything!

Until I start making and attending physician salary, should I try getting into the duplex/multifamily world?

Thanks!

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Jeff Roth
Real Estate Consultant · Ann Arbor, MI · Member since 2022 · 466 posts · 257 votes
2y

Hi Mohammad-

Congratulations on being a young doctor in Texas!

You are interested in real estate investing and are looking for resources to develop your knowledge.

I work with a lot of doctors and busy, high income earners to help them build real estate portfolios to slow down at work and offset some of their W-2 or business income.

Some books to consider are Multi-Family Millions by David Lindahl, Investing in Real Estate with No and Low Money Down by Brandon Turner, and Equity Happens by Robert Helms & Russell Gray.

Some You tube channels to follow include Get Rich Education, Ken McElroy, Jason Hartman, and the Real Estate Guys Radio Show.

Yes, until you are making attending physician money, I would house hack the house you live in by renting rooms or buying a duplex as a primary residence with low money down.

To Your Success!

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  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    2y

    @Account Closed

    To get started in real estate investment, read works such as "The Millionaire Real Estate Investor" by Gary Keller, "Multifamily Millionaire" by Brandon Turner, and "Rich Dad Poor Dad" by Robert Kiyosaki. Use internet tools such as BiggerPockets, Graham Stephan's and Meet Kevin's YouTube channels, and BiggerPockets Pro online courses. Network with experienced investors and agents,  also think about investing in duplexes or small multifamily buildings for rental revenue and cash flow. Begin small by house hacking a duplex or triplex, then join local investing organizations. Starting with smaller properties may give you vital experience and position you for success.

    Good luck!

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  • Jake RhodesPro Member
    Rental Property Investor · Crown Point, IN · Member since 2018 · 53 posts · 17 votes
    2y

    Congrats on your progress to this point. Once your income increases and becomes steady, you will be in a great position to passively invest. I would highly recommend "House Hacking" with a 2-4 unit building. Live in one unit and rent the others.  

    This will get your beak wet and allow you to learn while living for free or close to it.  

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