What You’ll Learn From This Podcast
Tyler and Tom discussed why doctors (and many high-income earners) don’t get rich, Tom’s path to passive income, what it takes to be wealthy-minded, HUD loans and more. Highlights include:
- Tom’s trajectory of learning and pursuing real estate investing while working as a physician
- Tom’s experience of buying the first-ever purchased Rich Dad, Poor Dad book, and his meeting with Robert Kiyosaki
- Why doctors don’t get rich trading time for money
- The simple, yet hard-to-execute traits of the wealthy-minded
- Acknowledging that off-market deals aren’t necessarily great deals
- The nuances, benefits and downsides of FHA HUD loans, including 223(f) and 221(d)(4)
- How Tom’s team structures private equity
- Why Tom’s team likes the build-to-rent space
- Why you need to surround yourself with people who are smarter than you