Clint Coons, Esq. speaks with Kenji and Letizia Alto, who are both MDs and founders of Semi-Retired MD. They share their journey from being high-income physicians to achieving financial freedom through real estate investing. The episode delves into the mindset shifts required to excel in the property market, overcoming common obstacles, and utilizing strategic tax benefits. The couple also introduces their new fable-like book, contrasting the financial paths of two couples. You’ll hear about building a strong investment team, identifying hidden equity, and leveraging techniques like cash-out refinancing and 1031 exchanges to maximize returns and accelerate the journey toward financial independence.
Highlights/Topics:
- Kenji and Leti's journey from physicians to real estate investors
- Mindset shifts essential for real estate success and tax reduction
- Introduction to Kenji and Leti's book
- Overcoming fears and hurdles in out-of-state multifamily investments
- Building a strong team for informed decision-making in real estate
- Hidden equity and trusting instincts for better returns
- Real estate for significant tax benefits and wealth growth
- Profiting from real estate through various streams like cash flow
- “Lazy equity” via cash-out refinancing and 1031 exchanges
- Fast FIRE concept for accelerated financial independence
- Resources for high-income earners
Resources:
Book: Life on Your Terms
https://www.amazon.com/Life-Your-Terms-Investments-Themselves/dp/154453096X
Podcast - Rich Doc Poor Doc
https://podcasts.apple.com/us/podcast/rich-doc-poor-doc/id1506849313
Semi Retired MD FB
https://www.facebook.com/semiretiredmd/
Semi Retired YT
https://www.youtube.com/channel/UCibjmeDUNn568Egl5TppnPg
Semi Retired IG
https://www.instagram.com/semiretiredmd/?hl=en
Semi Retired Website
https://semiretiredmd.com/
Semi-Retired MD LinkedIn
https://www.linkedin.com/company/semi-retired-md/
Tax and Asset Protection Events
https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=aba&utm_medium=podcast&utm_content=investing-in-cashflowing-rentals
Anderson Advisors
https://andersonadvisors.com/
Anderson Advisors Podcast
https://andersonadvisors.com/podcast/
Clint Coons YouTube
https://www.youtube.com/channel/UC5GX-U6VbvMkhSM1ONBiW8w
Anderson Business Advisors Podcast