Brews and Tiny Teeth, The Unfiltered Pediatric Dentistry Podcast

The Power of Real Estate and Practice Ownership

Aug 27, 2024

Dr. Reed Faldet, a dynamic dentist turned entrepreneur with an impressive 8-figure commercial real estate portfolio, shares invaluable insights on real estate investments for dental professionals. He explores the evolving commercial real estate market, discussing when to lease versus buy practice space. Faldet sheds light on financing options for those without a hefty down payment and explains the nuances of practice loans. He emphasizes the tax benefits of ownership and depreciation strategies that can significantly lower taxable income, making real estate a powerful asset for dentists.

58:05

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Episode guests

Reed Faldet

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Episode notes

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Quick takeaways

The podcast discusses the significance of evaluating leasing versus purchasing real estate, emphasizing long-term equity and tax benefits for dental practices.

Dr. Reed Faldet shares his successful transition from dentistry to real estate investment, illustrating the potential for higher returns and income diversification for practitioners.

The importance of forming partnerships among dentists is highlighted as a strategy to navigate real estate investments, reducing financial burdens and fostering community.

Deep dives

The Real Estate Dilemma for Dentists

Owning real estate for a dental practice presents a significant decision between leasing and purchasing. Leasing typically entails lower upfront costs and provides flexibility, making it appealing for dentists who want to test the waters before committing financially. However, buying real estate can yield substantial long-term benefits, including building equity and enjoying tax advantages. The episode emphasizes the importance of evaluating personal circumstances and market conditions to determine the best route for each individual practitioner.

Intro

4min

Navigating Real Estate Investments

15min

Leasing vs. Owning: Key Decisions in Dental Practice Real Estate

16min

Understanding Commercial Loan Structures in Real Estate

3min

Maximizing Financial Benefits in Practice Ownership

8min

Navigating Dental Practice Ownership and Real Estate

10min

Navigating Practice Ownership in Pediatric Dentistry

2min

Dr. Reed Faldet is a young dentist and entrepreneur who has built an 8-figure commercial real estate portfolio. He has transitioned out of full time dentistry to focus on real estate. We have a great discussion all about real estate, including the following topics:

- How has the market for commercial real estate changed?

- When does it make sense to lease a practice space compared to buying and building?

- What options are there if you don't have the cash for a down payment?

- How does lending work for practice loans?

- What are the tax benefits to owning real estate, and how does depreciation work to lower taxable income?

Dr. Faldet also helps partner and mentor with dentists looking to purchase their real estate but who need help along the way. His email is info@dentalrepartners.com

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