All Forum Posts by: Franky Davis

Hello to all! I'm new to the forum and am loving it thus far. Kind of a generic title to the post. However, I am interested to hear what the veterans/other newbies would do with my situation. I'm going to be coming out into practice as a surgical sub specialist in orthopedics in about 3 years. This will give me a drastically large increase in income! My wife and I hope to have around $100K per year to invest after tax beneficial traditional investments including a college fund. We are blessed to have this opportunity but it was definitely a massive sacrifice and alot of hard work. My question is this: How would you go about it? I love the buy and hold of commercial small multifamily. However, I'll be busy and my most productive time will be in the OR so time is probably the limiting factor. Would you just partner up and be the provider of capital? Would you just say separated from the actual "on the ground" involvement and invest in REITs. I guess my question is this, do you think it is reasonable to assign roles utilizing subcontractors and utilizing property management companies? Would you partner up with an experienced investor who would predominately handle the property management aspect? I will already be losing some sleep for medical call and am worried about losing the rest (whatever's left) being a landlord. Thanks and hopefully people will have a hay day with this discussion because I'm very interested in what people think about this!

Thanks everyone!

Franky

Thank you guys very much for the reply! I'll definitely be looking out for the next get together next month. Unfortunately, I'll have to miss this week because of call. Definitely gonna get started on the podcasts as a start for sure. Thank you guys again and I look forward to meeting you.

Hello all,

My name is Franky Davis and I am new to the forum but absolutely love it thus far. I’m currently an orthopedic surgery resident and have about 3 years of training left before my personal income drastically increases. My goal at this time is to network and learn! I’m currently in Chattanooga, TN. At this point, I have a modest resident salary and a host of medical school debt. Also, got a 3 year little boy at home. Life is good but I’m not at a point financially or with time where I could make any real estate moves. However, in addition to learning how to be a surgeon, I’m gonna be reading all I can about real estate investing and hope to make moves early in my career. Regardless, my goal here is to network and learn. I’d love to grab coffee with anybody in my area of the country. Thank you all for your time and thanks for having me!

Franky Davis