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Marriage Kids and Money: Personal Finance for Families

How Real Estate Investing Helped This Multimillionaire Build His Wealth - with Doc G

Marriage Kids and Money: Personal Finance for Families

Andy Hill

Investing, Business, Kids & Family, Parenting

4.9604 Ratings

🗓️ 25 March 2019

⏱️ 43 minutes

🧾️ Download transcript

Summary

Investing in real estate can feel intimidating when you're just getting started. You hear stories of people who've amassed their wealth by investing in dozens or hundreds of rental properties. The prospect of owning so many properties can feel more stressful than hopeful. Our guest today, Doc G, shares why we don't need countless rentals to feel financially comfortable. As a physician, he's been able to invest his day job income in just a few rentals that provide his family with consistent cash flow. RESOURCES **Sponsor + Partners + Deals: https://www.marriagekidsandmoney.com/sponsors Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, this is Ava from Vanta.

0:02.0

In today's digital world, compliance regulations are changing constantly,

0:07.0

and earning customer trust has never mattered more.

0:10.0

Vanta helps companies get compliant fast and stay secure,

0:13.0

with the most advanced AI automation and continuous monitoring out there.

0:17.0

So whether you're a startup going for your first stock two or ISO-27,001,

0:21.5

or a growing enterprise managing vendor risk, Banta makes it quick, easy, and scalable,

0:26.4

and I'm not to say that because I work here. Get started today at banta.com.

0:30.6

I didn't want to leverage. I wanted to know that I had my money parked, but that, like a bond,

0:37.0

I would be getting my monthly cash flow

0:39.9

from the rentals that I was collecting. So the idea for me is in my asset allocation, it didn't

0:47.3

make sense to take as much risk and to have this as a little bit more of a safe zone for my money.

0:59.8

Music and to have this is a little bit more of a safe zone for my money. This show is dedicated to helping you, strengthen your family tree, and live financially free.

1:06.2

Welcome to the Marriage Kids and Money podcast, everybody.

1:08.4

This is Andy Hill.

1:09.7

And today we're talking about investing

1:12.6

in real estate as a piece of our overall portfolio. Not putting all of our family's eggs in the

1:20.2

real estate basket, but just a portion. To help us understand why this is a smart investing strategy

1:26.8

for our family's future, I've invited Doc G on the podcast today.

1:32.0

Doc G is a physician, a father, and the co-host of the What's Up Next podcast.

1:38.0

This is a show focused on financial independence and taking your family to the next level.

1:43.9

Given that Doc G has achieved

...

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