Your Financial Pharmacist

Blake Johnson, PharmD, and Zac Hendricks return to the YFP Real Estate Investing Podcast to discuss their investment strategy and how they manage risk in a changing real estate market by returning to the fundamentals. Key Points From This Episode A welcome back to Blake and Zac. An overview of the guests, their careers, and their real estate background. Looking at the changes in the market over the last year and how to adjust your strategies. Blake's endless energy and inability to stop buying properties. The importance of building a relationship with wholesalers. The difference between buying something off the MLS with the realtor or working with a wholesaler. Strategies Blake and Zac have used to handle the increase in interest rates. The effects of price appreciation on Blake and Zac's rentals. Power that lies in running your own numbers and running your own race. Predicting and dealing with the rising costs of rehabbing a house and potential supply chain issues. Why you should always shop around to decrease maintenance costs. A brief look at how to run a cash flow equation. Blake and Zac's prediction of the market change over the next six to eight months. Advice for new investors. Links Mentioned in Today's Episode YFP Real Estate Investing 03: Running the Rental Numbers with Blake and Zac Your Financial Pharmacist Podcast Baker's Dirty Dozen: Principles for Financial Independence by Joe Baker, MBA with Lindsey Jordan Baker Smith Family Pharmacy Email Blake Johnson: blake@smithfamilypharmacy.com Follow Zac Hendricks on Instagram: @hendricks_remodeling YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures

Robin Hauser, an award-winning director and producer, talks about her most recent documentary, $avvy, which explores why it's critical for women to understand and take control of their personal finances. Key Points From This Episode Robin's real-world example of unconscious bias. The gender-based stereotypes surrounding finances. How day-to-day and long-term financial planning responsibilities differ in a household. Why a woman's lifespan is an important consideration. The biggest obstacles facing women who want to take control of their finances. How women outperform men when it comes to investing. The psychology of confidence. Negotiation and gender perception. When financial literacy should be taught to women, men, and teenagers. The pain of paying. Why it's mostly men who are the educators of financial literacy. Links Mentioned in Today's Episode $avvy YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Join APhA - Get 25% Off Your Membership with Code: YFP CODE: Debugging the Gender Gap bias Running for Jim Tino TEDxMarin: Robin Hauser: The likability dilemma for women leaders Connect with Robin Hauser on LinkedIn Follow Finish Line Features on Instagram: @finishlinefeaturefilms Finish Line Features Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Rachel in Spartanburg, SC: What options do I have if I am on FMLA leave for an extended period of time without income? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, your YFP Real Estate Investing Podcast hosts, discuss how to decide whether to keep or sell a rental property in a hot real estate market. Key Points From This Episode The necessary discussions to have when ending a rehabilitation project. How a fluctuating market changes our decisions. Why you should be careful and methodical to maximize investment. The difficult choice between keeping the property as a rental and selling it for a gain. The three key points of making the decision: Do I buy it or do I sell it? Assessing near and long-term expenses to ascertain whether investing in that property makes sense. Increasing predictability by making all necessary repairs at the beginning of ownership. How to assess a house: roof to basement. The value of speaking to someone more experienced, for guidance. How the overall housing market and specific neighborhood trajectories can be both similar and disconnected. The importance of knowing neighborhood-specific market trends. How to change a property to fit the statistics that you are looking for. Staying on top of nuanced market trends. Making wise investments in properties that are undervalued. What to do with the money after you sell. When it is the right time to sell. Nate's dilemma of whether to rent out a property or sell it. Links Mentioned in Today's Episode Lima One Capital: The Nation's Premier Lender for Real Estate Investors YFP Real Estate Investing 50: Deep Dive Into Spreadsheet Analysis YFP Real Estate Investing 29: Investing with Purpose YFP Real Estate Concierge Service Join the YFP Real Estate Investing Facebook Group YFP Real Estate Investing Your Financial Pharmacist Disclaimer and Disclosures

Megan Freeland, PharmD, talks about her career path in medical writing, the types of health content writing that might interest pharmacists, and how she created the Health Professionals to Health Writers program. Key Points From This Episode Understanding Megan Freeland's career by looking at her interests and background in pharmacy. How to apply knowledge and experience in pharmacy to the public health system. What opportunities Megan took to further explore public health training and experience. The hard journey she took to end up at her dream job in the CDC. Her passion and motivation for the intersection of public health and writing. The influence Megan's family and community had on her passion for public health care. Understanding the types of medical writing and how to pursue one. A guide to beginning your career as a freelance health content writer. Megan's ideas, goals, and motivations behind StockRose Creative. A look into how Megan has grown her career on LinkedIn. Advice for those starting to pursue their content writing careers. Links Mentioned in Today's Episode Connect with Megan N. Freeland on LinkedIn StockRose Creative YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Insuring Income: Get Quotes and Apply for Term Life and Disability Insurance Feminist Women's Health Center Student National Pharmaceutical Association (SNPhA) CancerQuest Health Writing for Health Professionals Health Writing for Health Professionals 101 Series LinkedIn Creator Accelerator Program The Four Agreements: A Practical Guide to Personal Freedom (A Toltec Wisdom Book) by Don Miguel Ruiz The Big Leap: Conquer Your Hidden Fear and Take Life to the Next Level by Gay Hendricks Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Carol in Missoula, MT: How and when should I make extra payments on my student loans? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Learn More About Our 1:1 Student Loan Analysis with a CFP® Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Marissa Deuel, PharmD, shares her experience in the first cohort of the None to One Group Coaching Program and her successful approach to investing in real estate. Key Points From This Episode An introduction to today's guest, Marissa Deuel. Marissa's pharmaceutical background and her connection to the hosts. The motivation behind Marissa's property investment. The clear criteria to filter through potential properties. Why you should always check your numbers before investing. The vetting, offering, and negotiation process when purchasing a property. How to manage the emotions behind a business transaction. A rehab plan to maximize the value of and rent of a property. Marissa's recipe for successful renovations. How to self-manage and budget your own property. A look into the "None to One" course. How to start planning and walking the path of real estate investing. The most useful resources for your real estate journey. Links Mentioned on Today's Episode None to One Group Coaching Program Apply for the next None to One Group Coaching Program YFP Real Estate Investing Podcast Email Marissa Deuel: mdeuel0605@gmail.com Connect with Marissa Deuel on Facebook Connect with Marissa Deuel on LinkedIn YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures

Tony Umholtz talks through how to determine how much home you can afford. Key Points From This Episode An overview of today's guest, Tony Umholtz. How the real estate purchase market has not slowed down but refinancing has. Why we are in a seller's market. What rate hikes mean and the impact they have on mortgage rates. The impact inflation will have on rates. Why locking as soon as possible is preferable when purchasing a home. What the 28-36 rule is. What banks consider when you apply for a home loan and what factors are more important. How the appraisal gap affects the market. The importance of considering expenses, fixed and variable, other than the loan. How insurance changes depending on what part of the USA you are in. The danger of over-committing to personal property insurance. The effect of property value on tax and how that changes from state to state. An overview of the pharmacist home loan product Tony offers through First Horizon. Links Mentioned in Today's Episode Learn More About First Horizon's Pharmacist Home Loan and Start the Pre-Approval Process YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 245: Getting Under Contract in a Competitive Home Buying Market Apply for the Pharmacist Home Loan Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Jordan in Columbus, Ohio: How can I balance home buying with student loans? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Your Financial Pharmacist: Home Buying Three Strategies for Buying a House with Student Loans Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Tony Guerra, MHCI, PharmD discusses how he has built his real estate investment portfolio and how he is using those investments to build generational wealth. Key Points From This Episode Tony's professional background as a pharmacist. What motivated Tony to begin investing in real estate. Learn the value of intergenerational wealth and knowledge. What Tony's approach ultimately aims to achieve through finance and investing. A brief rundown of Tony's real estate investment background and his current portfolio. Tony shares his approaches to finance and real estate investing. The benefits of fewer and in-demand properties: financial reassurance. Why it is essential to get advice when deciding on a real estate investment. How Tony approaches managing his properties from day to day. The benefits of having handy tenants. When Tony thinks it is the best time to start investing in real estate. What qualities he thinks an experienced real estate agent should have. Tony shares how his love for running helps him decide on real estate investments. Some tips and advice for people interested in purchasing real estate. Outline of Tony's strategy to combine his pharmacy and real estate experience. A resource that he has found the most useful in his real estate journey. Links Mentioned on Today's Episode Pharmacy Residency Podcast Tony PharmD Youtube The Ramsey Show Finding Your Unicorn Job for Pharmacists: Financial Freedom, Flexible Hours, and Personal Fulfillment Beyond the Pharmacy Counter (Pharmacist Residency and Career Series Book 6) by Tony Guerra Buffini & Company: Real Estate Coaching & Training Work by Referral: Live the Good Life! Proven Strategies for Success and Happiness in the Real Estate Business by Brian Buffini and Joe Niego Email Tony Guerra: tonythepharmacist@gnail.com YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures