Doctors, Listen Up!

Nov 30th, 2009 | By admin | Category: Real Estate Investing, Wealth Building

Many of Gabby (my business partner) and my students are doctors.

So this post is for you. Many of you doctors ask me what should you do now?

Anyone with a high income and no time to allocate towards investing, here are some things you can do.

1) Buy a good single family home in a middle income neighborhood in your area at a 10% or more discount. Use a low 30-year FIXED interest mortgage. Avoid high end homes or “war zones.”

I say that because people are expecting inflation to get much higher. You have to realize that the real estate market in the next 24 months will still be rocky, so you will have to ride that through.

2) Start generating cashflow ASAP. Contact a QUALIFIED and EXPERIENCED mortgage broker to start you up on private lending. One such company is www.NorcalTrustDeed.com.

There is a lot more information, but this is a good start.

- George

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