S1, Episode 15- Dave Sounds Off-Get Out of Debt! Which Loans Should You Pay off First?

He discusses three important ingredients to the recipe to become debt free.

Make sure to check it out and let us know your thoughts!

What debt strategies are you applying and why?

Resources Mentioned

The Freedom Formula for Physicians

9 Insane (But True) Things About PSLF

How IBR and PER Can Help You Win The Game of Thrones

How SoFi Can Slash Your Interest

DRB- Simple and Easy Debt Refinancing for Residents & Fellows

Why LinkCapital Is the Secret Ingredient to Destroying Your Debt

For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com

S1, Episode 12-Mark Forman CPA- Learn How to Grow a Thriving Practice

Welcome to Tax Reduction & Freedom Month and my latest episode on The Freedom Formula for Physicians Podcast.

This month we are talking a lot about taxes and what physicians can do to both growth their practices and tackle tough tax issues.

Of course before you have any major tax issues, you need to be making a lot of dough!
That’s why I thought I’d bring a special guest to the podcast, Mark Foreman, CPA.

Mark is one of our CPA partners with Foreman & Airhart. He has specialized in small businesses- particularly white coats like doctors and dentists.

In this podcast, it is revealed how to:

- Learn 3 Awesome Financial & Marketing Tools That Both Mark & Dave Utilize In Their Businesses

- Discover How To Focus On Your Ideal Patient & Create Their Avatar

-Discover The Problem Mark Had With A Recent Client's Partnership Capital Account

- How Mark Would Analyze & Interview Potential Members of Your Board of Directors (Plus: The Resource You Need To Know To Do A Background Check Of Your CPA!)

For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com

[Throwback] S1, Episode 8- Alex Macielak with DRB- NEW Simple & Easy Debt Refinancing for Residents & Fellows

Welcome to my latest episode of The Freedom Formula for Physicians Podcast.

As many of you know who read the Freedom Formula for Physicians, I have a passion for reducing, eliminating, and destroying debt.

When the banks were thrown into the pits in the depths of the debt crisis, we’ve seen a tremendous change in the way student loans have operated and now with DRB, even residents and fellows could refinance their debts!

Today, I have the pleasure of hosting Alex Macielak from DRB on the podcast.

In this podcast, we reveal:

- Learn about the NEW ground-breaking HUGE interest rate reduction plan for residents & fellows

- How they are mirroring IBR & PER to keep monthly payments cheap while in residency/fellowship

- Why DRB often comes cheaper than their competitors & how you can see that for yourself AT NO COST whether you are brand new to DRB or are already with them

Check out the transcript and all the resources at www.doctorfreedompodcast.com

S3, Episode 21 , Larry Harbolt-The Real Deal [larryharbolt.com]

I know many and many of you love real estate or maybe you have been thinking about it and you’re interested in it and would like to know more. It is something that I have a personal interest in and am getting more and more knowledge on it. As such I have been listening to some podcasts and one of my favorites is a man who is here with me.

He’s a seasoned gentleman, to say it politely. He’s done 1,000 of real estate deals and many and many courses.

He is the real deal. He brings out of the box thinking that I think will be very valuable to us today. About how to invest in real estate, what to look for, weather your dead broke like a resident or extremely wealthy and have some cash to put to work.

Please help me welcome Larry Harbolt of the Larry Harbolt show!

In this podcast you will:

• Discover why real estate is the #1 way to generate money from assets.
• Learn about the critical difference between seller financing vs bank financing
• How to find the deals without using realtors
• Find the lessons learned throughout his 30+ year career in real estate
• Discover the 4 types of real estate purchasing
• Learn Larry’s best business advice to physicians (HINT: It’s not what you may think)

Resources mentioned in this podcast:

Larry Harbolt website

Email: info@larryharbolt.com

Larry Harbolt Podcast

For all the show notes, transcription and more check out the podcast website at www.doctorfreedompodcast.com

[Throwback] S1, Episode 17-Dave Sounds Off- 3 Keys to Survive A Medical Malpractice Lawsuit

Lately, I hear a rumbling with many physicians that they are more and more concerned about Malpractice lawsuits. Every doctor wants to avoid being sued, but few doctors know what the heck to do once it happens.

This podcast reveals the following:

- The two most critical things you should do when you get served AND what you should never do (Hint: You could make the lawsuit worse by doing these two things!)

- The three questions you should ask yourself being hiring a lawyer.

- How to deal with a malpractice lawsuit when you are part of a hospital or a large employer

For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com

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

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 he decided to turn over the properties to a property manager
• The downfalls of property management (Hint: There's 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

S3, Episode 19- Mark Podolsky- How to Be A Land Geek [The Art of Passive Income and The Land Geek Podcast]

Earlier this year, I made a promise to you. I promised I would get more folks and more experts to talk about real estate and their experiences in it.

Our next guest was armed with only $3,000, gut-wrenching fear, and absolutely no real estate experience… he bought his first few parcels of raw land in 2001.

Today Mark is the owner of Frontier Properties, a very reputable and successful land investing company, and has been buying and selling land full time since 2001. By focusing on working smart, not hard, he has completed over 5,000 land deals.

Prior to his land investing success, he had a high-stress, soulless corporate job, and felt trapped & burned out.

Our next guest’s success in land investing to teach, coach and mentor others to help them achieve their financial goals and probably for himself to make some money along the way too.

Please help me welcome Mark Podolsky, The Land Geek.

In this podcast episode, you will...

• Discover how he moved from a soulless corporate job to his entrepreneurial journey that he loves

• Learn why he flips raw land

• Discover the tax consequences of his flipping and how owner financing is involved (Hint: There's a downside involving depreciation)

• Learn about the difference between tax lien and tax deed (& the hybrid method)

• Why owner financing is an amazing to generate cash flow

• Learn who the best buyers are for your land that you want to flip (Hint: Your back-up is a 'little' website you may not have heard of before)

Resources Mentioned in This Podcast

The Land Geek.com

The Art of Passive Income Podcast

The Land Geek Podcast

S3, Episode 18- Heidi Moawad- Careers Beyond Clinical Medicine

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 neurologist and is a graduate of Case Western Reserve University School of Medicine, and completed neurology residency training at The University of Chicago Hospital.

She is an adjunct professor at John Carroll University in Cleveland, OH, and is a featured medical writer for a number of websites, including nonclinicaldoctors.com, Verywell.com, Neurology Times, and Physician Money Digest. Dr. Moawad is the author of Careers Beyond Clinical Medicine, an Oxford University Press publication

I can’t wait to hear about her journey!

Please help me welcome Dr. Heidi Moawad.

In this podcast, you will...

• Why she became a physician (Hint: It's a family thing)

• Discover what inspired her to write a book about the life beyond clinical medicine

• Learn how being in an immigrant family influenced her perception of money

• What is the advice she would give to her younger self (Hint: this has to do with her decision with what happened right after residency)

• Discover the costly mistake with negotiation and tail insurance that she made

• Why she doesn't think of medicine as an honest profession even though she wants it to be

• Learn what financial freedom means to her

• How she got started in her writing career and started to get paid

Resources Mentioned In This Podcast

Careers Beyond Clinical Medicine Book

Non-Clinical Doctors Website

S3, Episode 17- Tools of The Titans- A Review

Every so often, I like to let you know about an interesting, helpful book I read. The most recent one is a 650 page behemoth focused on health, wealth, and wisdom.

I pounded all the way through it- read every single page- all 650 of them.

It features all-stars, movie stars, billionaires, millionaires, and a whole bunch of other people I never heard of.

There are some things I really didn't like, but there are also some super awesome pearls of wisdom.

It is written by none other than Tim Ferriss.

Find out what I said in the podcast.

In this podcast, you will...

• Discover the section of the book that I really didn't like and thought was kind of weird
• How I was challenged in one area of my health (Hint: This doesn't involve food or exercise)
• Learn about the mindset tools that I am personally using and some others that I will use in the future, including a meditation podcast that I listen to regularly
• Discover the 'Jar of Awesome' and how I want to use it for my family & I
• Learn what my two favorite interviews were within the book and what I gained out of them

Resources Mentioned In This Podcast

The 4 Hour Work Week

The 4 Hour Body

Tim Ferriss' Podcast

Tools of the Titans

Headspace App

Sam Harris' Guided Meditation

Tara Brach Guided Meditation

Meditation Minis with Chel Hamilton

Tim Ferriss Interview with Arnold Schwarzenegger

Tim Ferriss Interview with Tony Robbins

Tony Robbins Podcast

Jim Dahle's White Coat Investor Blog

Damion Lupo- Get Dirty

S3, Episode 16- Are You Batman or Superman?

Whether you are dark and brooding or you are a scion of justice with a S on your chest, I would put most physicians into one of two categories.

Either… you are a Superman or Batman.

What do I mean by that?

Certainly, there are Wonder Women and Green Lanterns. I know our Marvel Fans are hating me right now because of course there are grizzled Wolverines, weather changing Storms, powerful Captain Marvels, high flying Tony Starks, righteous Captain Americas, and your friendly neighborhood Spidermen.

However, for the purpose of this discussion- humor me here- as a physician either you are Superman or Batman.

Let me explain more.

In this podcast, you will...

• Discover Why I think Every Physician Is Either a Batman or a Superman
• How The Role of Money Shaped Superheroes and May Shape You As Well
• Learn the 3 Books that All Superman Physicians Should Read
• Why Superman Physicians May Have a Kryptonite. Learn What It Is.
• Discover The Awesome Resources That I Recommend for Batman Physicians

Resources Mentioned In This Podcast

The 4 Hour Workweek by Tim Ferriss

The Millionaire Mind by Thomas Stanley

I Will Teach You to Be Rich by Ramit Sethi

Docs Outside the Box with Nii Darko (favorite episode- all of them!)

The Tony Robbins Podcast (the 2 part interview with John Wooden is amazing!)

The 21 Irrefutable Laws of Leadership by John Maxwell

Stop Physician Burnout by Dike Drummond

Thinking, Fast and Slow by Daniel Kahnemann

What Great Bosses Know Podcast

Planet Money Podcast

For all the show notes, transcription, and more, check out the podcast website at www.doctorfreedompodcast.com