Those who have been in The White Coat Investor community for years know I spend a lot of time and effort trying to get people into a position where they can really get started investing. We help them crush their student loans, buy and pay for their dream houses, write a financial plan, put appropriate insurance in place, understand their retirement accounts, and mostly help them get their lifestyle under control enough that they can carve out a big chunk of their income to use to build wealth by paying off debt and investing.
You also know that my investments are relatively simple. I invest in stock, bond, and REIT index funds, real estate, and small businesses/websites that I have significant knowledge about and influence over, primarily Passive Income MD and The Physician on FIRE. You can only talk about index funds for so long (although as Rick Ferri says, “The truth about index investing must be told over and over again because lies are constantly being told about it.”) My index fund portfolio rarely sees any sort of changes, of course. And I generally leave PIMD and PoF to tell their own stories. So which of my investments does that leave me to write about? Pretty much real estate.
Over the years, I’ve invested across the entire spectrum of real estate investments, from owning and managing an individual property and its tenant to buying and holding a REIT index fund. This has included investments with half a dozen crowdfunding sites, some individual syndicated investments bought directly from the syndicator and private real estate funds. Over