Sep 6, 2022
Physician-owned real estate can be an incredible tool. If used correctly, you can create exactly the type of freedom you’re searching for: financial, geographical, time, and more. As a living testament to what can happen when you put real estate to work for you, I invited Dr. Param Baladandapani to join me in today’s episode. Dr. Bala is a radiologist, full time mom, real estate investor and mentor to professionals seeking freedom through real estate investing. Listen in as we discuss her personal journey from medical professional to real estate investor, how to utilize the full power of physician-owned real estate, and what to do if your investments are losing the numbers game.
In this episode, we talk about:
[3:08] Why Dr. Bala pivoted in her medical career to become a real estate investor
[5:30] Dr. Bala’s take on physician burnout and financial freedom
[7:24] The who, what, and why involved with Dr. Bala’s consulting practice
[8:35] The power of owning real estate as a physician
[14:09] Why outsourcing is a critical piece of owning real estate
[15:34] What to do when your investment “isn’t working out”
[16:34] The pros and cons of becoming emotionally attached to tenants
[17:21] A broad overview of Dr. Bala’s real estate systems
[19:18] How the “who, not how” approach can reduce overwhelm
[20:30] Dr. Bala’s message to her younger self
[22:16] Dr. Bala’s first job
[22:33] What Dr. Bala would be doing if she wasn’t a physician or entrepreneur
[23:18] What Dr. Bala is currently reading or listening to for news, information, or inspiration
[24:00] What Dr. Bala does for healthy self care
[24:49] Whether the desire to heal is born or trained
[26:00] Whether leaders are born or trained
We have an announcement! Our Q2 report has been released. We often talk about the importance of having the latest market data when making investment decisions. Each quarter, DOC PROPERTIES publishes a market report that gives you exactly what you need to identify opportunities for the greatest return and investment. You can download your free copy here.
Thank you for tuning into the Providers, Properties, & Performance podcast!
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Connect with Trisha:
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