Sometimes in life you luck out. We lucked out bigtime by selling our house at the top of the market for half a million dollars in tax free gains. My wife and I stumbled upon a great house in the central part of the city we live in. Little did we know that this house would transform our financial future. It all began with a modest 1400 sq ft house in the heart of town, a purchase made pre-marriage and pre-kids.… Read the rest
Read more
One of the most frequent questions that I get asked is how to advertise your medical practice or business online. Should you pay a consultant or do it yourself? Maybe you’re just curious how hard it is to advertise. Today we will walk through how to advertise your medical practice on google. It really is not as hard as you think.… Read the rest
Read more
This is one of the most frequent emails that I get from my readers. Why have I not sold a portion of my practice to private equity? You might be thinking about having private equity buying a portion of your practice. Or you might be starting scratch with a private equity group. I’ll go through my opinions on the pros and cons behind private equity.… Read the rest
Read more
I wrote this post the morning after the event that took place on 10/29/2022. Yesterday, my daughter was sent home from daycare with complaints of “she won’t stop crying and screaming of belly pain.” Today’s post will be a deviation from the usual post, and I will walk though some of the events and why I’m looking at how I practice medicine with a new viewpoint.… Read the rest
Read more
Learning another language is something that I’ve always wanted to do. I never thought it would be learning to code as a doctor as my second language. What does this have to do with coding for doctors and why is it on my blog? Well, I have been learning python. However, you don’t need to learn python to maximize your income.… Read the rest
Read more
Here we go! A raw update at my private practice. It has been some wild ups and downs. I can’t believe that this February 2023 will be four years of my office being open full time. Time is flying by.
I have been doing these updates on student doctor network for a few years now. For those who might be new to my journey.… Read the rest
Read more
The rise in real estate prices from 2013 to 2022 has been historic. However, for some cities that have been spared the big drop in 2008 values, the rise in home values has been dramatic. For example, the house we just sold more than doubled its selling price in the four years since we bought it. This got me thinking, what might be coming for doctors who are highly leveraged in real estate?… Read the rest
Read more
I am a big fan of what many banks refer to as the “doctor loan” or a “physician loan” that is available from banks as a loan on your primary residence. A doctor loan allows physicians to buy a house with less than 20% down and does not take student debt into account. This is ideal for many new physicians since most physicians graduate with a substantial amount of student dent.… Read the rest
Read more
Those of you who may have been following my blog for a long time, you may recall that about a year and a half ago I started up a second location. The second location has offered quite a few benefits. However, the time has come to look at my business relationship with a nurse practitioner and terminate that agreement. We both agreed that things were not going as planned with our work relationship.… Read the rest
Read more
We currently have two locations for our practice. Soon, we will be expanding our real estate portfolio for our medical practice to three locations. Finding commercial real estate can be more difficult than you think. There are a lot of nuances to commercial real estate. Should you buy or rent? This post will go over how we are going about finding a new location, how I found my past locations, and what you need to know.… Read the rest
Read more