MtoM #180: Pathologist Reaches Multiple Milestones and Finance 101: 5 Rules for Evaluating a Rental Property Investment

Jul 22, 2024

A pathologist shares their journey from $600,000 in debt to a $500,000 net worth through PSLF and financial education. They discuss evaluating rental property investments with 5 key rules, including buying at the right price and maximizing returns.

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Intro

00:00 • 2min

Celebrating Financial Milestones and Family Life

01:31 • 2min

Successful Pathologist's Journey with Public Service Loan Forgiveness Program

03:24 • 3min

Financial Transformation and Education Journey

06:51 • 2min

Journey from $10,000 to $120,000 in Credit Card Debt

08:27 • 12min

Strategies for Evaluating Rental Property Investments

20:00 • 6min

Our guest today is celebrating three big milestones. She has had a unique path to financial success including an intervention from her sister while she was in residency. When she got out of residency she was $600,000 in debt. 5 years later she has received PSLF, reached a net worth of $500,000 and paid off $120,000 in student loans. Once she realized the financial situation she was in she dove into educating herself and making the necessary changes to getting out of debt and growing wealth. Today for Finance 101 we will be giving you 5 Rules for evaluating a rental property investment.

This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. If you need to review your disability insurance coverage or to get this critical insurance in place, contact Bob at www.whitecoatinvestor.com/drdisabilityquotes today by email info@drdisabilityquotes.com or by calling (973) 771-9100.

The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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