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S3, Episode 20- Cory Fawcett, MD- Stop Digging! [Cory Fawcett Blog, The Doctor‘s Guide to Debt]

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内容由Dave Denniston提供。所有播客内容(包括剧集、图形和播客描述)均由 Dave Denniston 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In this episode with Cory Fawcett, MD... welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest is a man on a mission; to teach doctors how they can live healthy, happy, and debt-free lives–to regain control of their practice, their time, and their finances. He is making an effort to improve the lives of his colleagues.

His first book, The Doctors Guide to Starting Your Practice Right, is all about this mission. Helping doctors find their dream practice and get off on the right foot. His mission continues with the release of his second book, The Doctors Guide to Eliminating Debt.

The lack of surgeons in rural areas and his desire to work less led him to the decision to retire from his twenty-year practice, in a town with ten general surgeons, and assist in underserved areas. In February 2014 he began working part-time in rural Oregon towns with only one or two surgeons. With just one surgeon in town, the call burden of 24/7 availability is unsustainable. Dr. Fawcett provides them with a needed break from their pager, helping to keep rural surgeons healthy.

I can’t wait to hear about this journey!

Please help me welcome Dr. Cory Fawcett. Welcome, Cory!

In this podcast, you will...

  • Discover why his parents didn't talk about money, but yet had an influence on being debt-free
  • Learn how his grandparents inspired him to invest in real estate & the journey they had with debt
  • How he automated the process of real estate investing and managed 64 units while being a full-time practicing physician
  • Why did he decide to turn over the properties to a property manager
  • The downfalls of property management (Hint: There are some activities that they can't do! Discover which ones inflated his costs)
  • Discover why he doesn't think residents should NOT get in real estate and rent instead & why he believes they will lose money
  • How he purchased properties with no money down and what he would do if he started all over again as a resident with $300k of student debt
  • Learn about the biggest financial mistake he made and how a real estate agent talked him into it
  • What he does with 'penciling it in' and how he makes good decisions about real estate that cash flows

Resources Mentioned In This Podcast

Cory Fawcett's Website and Blog

The Doctors Guide to Eliminating Debt

The Doctors Guide to Starting Your Practice Right

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Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.

The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.

Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

  continue reading

217集单集

Artwork
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Manage episode 210517275 series 2360913
内容由Dave Denniston提供。所有播客内容(包括剧集、图形和播客描述)均由 Dave Denniston 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

In this episode with Cory Fawcett, MD... welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest is a man on a mission; to teach doctors how they can live healthy, happy, and debt-free lives–to regain control of their practice, their time, and their finances. He is making an effort to improve the lives of his colleagues.

His first book, The Doctors Guide to Starting Your Practice Right, is all about this mission. Helping doctors find their dream practice and get off on the right foot. His mission continues with the release of his second book, The Doctors Guide to Eliminating Debt.

The lack of surgeons in rural areas and his desire to work less led him to the decision to retire from his twenty-year practice, in a town with ten general surgeons, and assist in underserved areas. In February 2014 he began working part-time in rural Oregon towns with only one or two surgeons. With just one surgeon in town, the call burden of 24/7 availability is unsustainable. Dr. Fawcett provides them with a needed break from their pager, helping to keep rural surgeons healthy.

I can’t wait to hear about this journey!

Please help me welcome Dr. Cory Fawcett. Welcome, Cory!

In this podcast, you will...

  • Discover why his parents didn't talk about money, but yet had an influence on being debt-free
  • Learn how his grandparents inspired him to invest in real estate & the journey they had with debt
  • How he automated the process of real estate investing and managed 64 units while being a full-time practicing physician
  • Why did he decide to turn over the properties to a property manager
  • The downfalls of property management (Hint: There are some activities that they can't do! Discover which ones inflated his costs)
  • Discover why he doesn't think residents should NOT get in real estate and rent instead & why he believes they will lose money
  • How he purchased properties with no money down and what he would do if he started all over again as a resident with $300k of student debt
  • Learn about the biggest financial mistake he made and how a real estate agent talked him into it
  • What he does with 'penciling it in' and how he makes good decisions about real estate that cash flows

Resources Mentioned In This Podcast

Cory Fawcett's Website and Blog

The Doctors Guide to Eliminating Debt

The Doctors Guide to Starting Your Practice Right

----more----

----more----

----more----

Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.

The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.

Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

  continue reading

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