May 18, 2020
Welcome to the Doctor Money Matters Podcast. This is a podcast about financial topics related to the healthcare professional. I am your host Dr. Tarang Patel, a diagnostic radiologist in Arizona.
Our guest was Cory Fawcett, MD a retired surgeon in Oregon who has written books for medical professionals including The Physicians guide to Real Estate Investing which we talked about on the show. It and his other books are available on Amazon or his own website FinancialSuccessMD.com
We talk on this episode about the power of real estate investing. Why Dr. Fawcett favors active real estate investing (ownership) instead of participating in syndications.
We also talk net worth numbers which may surprise many of my listeners. While he was a general surgeon in private practice, Dr. Fawcett had a lower income than many might think and yet through the power of compounding, tax deferment, and debt aversion, he built up quite a net worth that was greater than his combined income from all his work years when he retired.
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