MtoM #221: Pharmacist Builds a Real Estate Empire and Punches Out in 10 Years and Finance 101: 529s
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 5 May 2025
⏱️ 25 minutes
🧾️ Download transcript
Summary
Today we are talking with a Pharmacist who has reached FI in his 30s. While his career has been in pharmacy he was always committed to building a big real estate portfolio. He bought his first property at 23 and has continued to grow it since that time and is now making roughly $50,000 per month from rental income. He retired from Pharmacy last year and is now focused only on his real estate portfolio. He got into real estate for financial freedom and the ability to create the life he wants. Despite his impressive income he continues to live a frugal lifestyle. He said he enjoyed his career in pharmacy and credits it for giving him the capital he needed to build his portfolio. If you are interested in real estate this interview is for you! For finance 101 we are talking about 529s.
This is a sponsored promotion for Locumstory.com. But the weird thing here is there’s nothing they’re trying to sell you. Locumstory.com is simply a free, unbiased educational resource about locum tenens – it’s not an agency. They simply exist to answer your questions about the how-to’s of locums on their website, podcast, webinars, videos, and they even have a locums 101 crash course. Learn about locums and get insights from real-life physicians, PAs and NPs at https://Locumstory.com
The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!
Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones
Main Website: https://www.whitecoatinvestor.com
Student Loan Advice: https://studentloanadvice.com
YouTube: https://www.whitecoatinvestor.com/youtube
Facebook: https://www.facebook.com/thewhitecoatinvestor
Twitter: https://twitter.com/WCInvestor
Instagram: https://www.instagram.com/thewhitecoatinvestor
Subreddit: https://www.reddit.com/r/whitecoatinvestor
Online Courses: https://whitecoatinvestor.teachable.com
Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the White Coat Investor podcast, Milestones to Millionaire, |
| 0:04.2 | celebrating stories of success along the journey to financial freedom. |
| 0:13.3 | This is Myelstones to Millionaire podcast over 221. |
| 0:16.9 | Pharmacist builds a real estate empire and punches out in eight years. |
| 0:21.0 | Full disclosure, what I'm about to say is a sponsored promotion for locumstory.com. |
| 0:25.1 | But the weird thing here is there's nothing they're trying to sell you. |
| 0:28.4 | Locomstory.com is simply a free, unbiased educational resource about locum tenants. |
| 0:32.9 | It's not an agency. |
| 0:34.4 | They simply exist to answer your questions about the how-toos of Locums on their website, |
| 0:38.7 | podcast, webinars, videos, and they even have a Locom's 101 crash course. Learn about Locums and get |
| 0:43.7 | insights from real-life physicians, PAs, and NPs at LocomStory.com. All right, welcome back to the podcast. |
| 0:51.0 | As you know, this is the milestones to Millionaire Podcast. If you've accomplished a milestone, |
| 0:55.5 | we want to highlight it and use it to inspire others to do the same. You can apply at whitecoon |
| 1:00.5 | investor.com slash milestone. All right, our annual survey ends tomorrow. We use this to guide our content |
| 1:08.0 | for the next year. We use it to determine who we partner with and where |
| 1:12.9 | we refer you to. So please fill out the survey. It's a whitecoatinvestor.com slash WCI survey. |
| 1:18.8 | We'll bribe you to do it. We're giving out if you fill out the survey, you can enter yourself |
| 1:24.1 | into a competition, win some t-shirts or even free white coat investor online |
| 1:29.4 | courses, right? These have value of, you know, as much as four figures. So go ahead and fill out |
| 1:36.8 | the survey and, you know, I think you have to give us your email address if you want to enter the |
| 1:40.2 | contest, but we probably already have it anyway if you're filling out the surveys. So thanks so much for filling that out. |
| 1:45.9 | We do use the results. |
... |
Transcript will be available on the free plan in 13 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Dr. Jim Dahle of the White Coat Investor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Dr. Jim Dahle of the White Coat Investor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.